Microsoft PowerPoint - Amira Presentation (June 2015).pptx

Investor PresentationJune 2015MAKE SOMETHING BEAUTIFUL

Forward Looking Statementnot intend to, update or revise the forward-looking statements in this presentation after the date of this presentation.This presentation contains forward-looking statements that are subject to risks and uncertainties. All statements other than statements of historical fact included in this presentation are forward-looking statements. Forward-looking statements give our current expectations and projections relating to our financial condition, results of operations, plans, objectives, future performance and business. Specifically, these statements include, among other things, statements that describe our expectations for the growth of our business, expansion into new geographic markets, maintaining and expanding our relationship with key retail partners, the financial impact of new sales contracts on our revenue, our plan to make significant capital expenditure, and other statements of managements beliefs, intentions or goals. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as foresee, forecast, "anticipate," "estimate," "expect," "project," "plan, "intend, "believe" and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. These forward-looking statements are based on assumptions that we have made in light of our industry experience and on our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances. As you consider this presentation, you should understand that these statements are not guarantees of performance or results. They involve risks, uncertainties (some of which are beyond our control) and assumptions, some of which are described under Risk Factors in our Annual Reports on Form 20-F and our Registration Statement on Form F-1 filed with the Securities and Exchange Commission. Although we believe that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect our actual financial results and cause them to differ materially from those anticipated in the forward-looking statements. Since we operate in an emerging and evolving environment and new risk factors and uncertainties emerge from time to time, you should not rely upon forward looking statements as predictions of future events. Except as required under the securities laws of the United States, we undertake no obligation to update any forward-looking or other statements herein to reflect events or circumstances after the date hereof, whether as a result of new information, future events or otherwise.

Because of these factors, we caution that you should not place undue reliance on any of our forward-looking statements. Further, any forward-looking statement speaks only as of the date on which it is made. New risks and uncertainties arise from time to time, and it is impossible for us to predict those events or how they may affect us. Except as required by law, we have no duty to, and do

Market and Industry DataThis presentation contains estimates and projections regarding market and industry data that were obtained from internal company surveys as well as third-party sources such as market research, consultant surveys, publicly available information and industry publications and surveys. We believe the information provided or made available by these third-party sources is generally reliable. However, market data is subject to change and cannot always be verified with complete certainty due to limits on the availability and reliability of raw data, the voluntary nature of the data gathering process and other limitations and uncertainties inherent in any statistical survey, interpretation or presentation of market data and managements estimates and projections. In addition, projections are often wrong. As a result, you should be aware that market data set forth herein, and estimates, projections and beliefs (i) based on such data and (ii) relating to certain financial and performance metrics presented herein, may not be reliable. We have not independently verified any of the data from third-party sources or ascertained the underlying economic assumptions relied upon therein; accordingly we cannot guarantee the accuracy or completeness of any such data.Similarly, internal surveys, which we believe to be reliable, are based upon managements knowledge of the industry as of the date of such surveys and have not been verified by any independent sources. As a result, we cannot guarantee the accuracy or completeness of any such information and you should not place undue reliance on such information when making an investment decision.

COMPANY OVERVIEWKEY INVESTMENT HIGHLIGHTSFINANCIAL OVERVIEWAPPENDIXTable of Contents

COMPANY OVERVIEW

A Leading Growth Company with a Rich HeritageFounded in 1915, Amira has evolved into a leading global provider of packaged Indian specialty rice, predominantly Basmati riceEvolved from a domestic Indian business to aprofessionally managed high growth global branded companyQ3 2015 LTM: Revenue increased to $659.2 million (31.6% growth YoY) and adjusted EBITDA increased to $93.0 million (38.2% growth YoY)Continued to receive the status of Global Growth Company by the World Economic ForumVoted Asias Most Promising Brand by the WCRC group in 2013-2014Voted INDIAN POWERBRAND in the Food Categoryby Planman Marcom in 2011 and 2013

1915Founded as anAgro-commodity trading house by the Chanana family

1978Established Internationalbusiness1995Indias first fully Integrated and automated Rice milling factory2006KARAN A CHANANA takes overand initiates transformation to a professionally managed globalbusiness2008Launch of the AMIRA Brand

2009Established subsidiary in USand launched international marketing/distributor office2011Established Subsidiary in UK

2013 OrganicsLaunch of Organic Division2012Amira Nature Foods Ltd.listed on NYSE

Acquired Basmati Rice GmbH in Germany to strengthen distributionnetwork in Europe2014

2015100 Year Centennial

Source: ANFIs publicly filed 20-F and other publicly available information6

Focused on Basmati rice, a healthy, high growth, high margin product

Listed on the NYSE in Oct 2012 under the symbol ANFIA Leading Global Branded Packaged Food Company with a Proven Track Record

Indian Power Brands Global Super Power Edition 2011 & 2013

Inc. India featured Amira as one of Indias fastest growing mid- sized companies in 2010, 2011,2012 and 2013

Recognized as a Global Growth Company since 2010, an invitation- only community consisting of ~300 of the worlds fastest-growing corporations each yearBest Partner in the Staples category in 2013 at the Bharti Walmart Private Limited Annual Supplier Conference

Q3 2015 LTM Revenue of $659 million vs. $342 million at IPO

Adjusted EBITDA more than doubled from $42 million at IPO to $93 million for Q3 2015 LTM

Conservative balance sheet of 1.7x net debt / EBITDA

Sales in more than 60 countries compared to 40 at IPO

Amira Corporate Office

Multiple Accolades6Source: ANFIs public financial statements and other publicly available information

Basmati Rice Overview and Production Process

Long-grain rice with distinct nutty flavor and strong aromaExclusively grown at the base of Himalayan Mountains in India and PakistanRegarded as healthy: gluten free and a lower glycemic index than white riceConsidered a premium food product as it improves with age and is typically stored for 12 months or more

What is Basmati Rice?

Procurement

Retail Sector DistributorsDistribution

Procurement

Uttar Pradesh

ProductionBasmati/ Non-Basmati Rice Farms

Rice is the primary staple for over 50% of the worlds populationRice provides more than 1/5 of global caloric intake and cannot be substitutedRice is not genetically modified and is a good source of vitamins and minerals, such as iron, vitamin D, calcium and fiber, among others

Rice Statistics

Basmati Value ChainAmiras area of activitiesProcessing

MillingSeparationPackaging

Source: ANFI publicly filed 20-F, public company materials, Food and Agricultural Organizational report, USD6

Company Snapshot

EMEA 43%India 41%Asia Pacific (ex-India) 14%North America 2%Leading global provider of branded packaged Indian specialty riceSales by ProductSales by BrandSales by Geography

Third party Branded 44%Amira Branded 43%Institutional 13%Note: Sales by product, brand and geography based on FY 2014 results.Amira branded products are the focus of our global expansion strategyLaunched in 2008 and sold in more than 40 countriesBranded sales have nearly doubled in size since time of IPO

Amira Branded

Third-Party Branded

InstitutionalFoundation of our initial international expansionLaunched in 1978 and sold in more than 40 countriesLow financial risk and high visibility into top and bottom lineOther agricultural products including wheat, barley, legumes and other produceOpportunistic, profitable non-core businessStrengthens relationships with farmers and customers

Q3 2015 LTM Revenues: $659.2 million Q3 2015 LTM EBITDA: $93.0 million

Basmati Rice 65%Source: ANFI publicly filed 20-F9Specialty Rice 21%Other 14%

Diverse Product Range - Catering To All Consumer Segments

Gourmet

Premium

Mainstream

Popularly Priced Products

Best Money Can BuyValue SurplusValue for MoneyPopular Range

Broad product offering with more than 200 SKUs globally

Source: ANFIs publicly filed 20-F and other publicly available information10

Recent Product Initiatives

The Organics

Amira Premium Snacks

AdjacenciesAmira Premium Ready-to-HeatBasmati Rice with LentilsBasmati Rice with Kidney Beans

Amiras Organic business was established to build upon our Passion for Purity by offering,Certified organic, premium snack and ready-to- heat meals to health and socially conscious consumers around the worldIntegrity in food with absolutely no adulteration Traceable ingredients and process from farm to fork Fair trade and corporate social responsibility for our consumers, farmers & our planetStrong relationships with more than 7,500 certified organic farmers in IndiaAll natural products from one of the greatest agricultural regions INDIAOrganic certification in India is recognized by the USDA

Diversifying portfolio with value-add adjacencies launching in India and plan to take internationally in the futureSource: ANFIs publicly filed 20-F and other publicly available information10

KEY INVESTMENT HIGHLIGHTS

Key Investment Highlights

3

6Strong Brand and Product Innovation5Well-Established Relationships with Worlds Leading Retailers4Favorable Economic Trends in Home Market of IndiaStrong and Growing Global Presence in more than 60 Countries2 Global Leader ina Fragmented Category1Large and Growing Industry with Attractive Pricing Dynamics

8Committed and Successful Management Team

7Best-in-Class Supply Chain and Operations

912Proven Financial ResultsPROVENBUSINESSMODEL WITH TRACK RECORDOFSUCCESS

Highly fragmented industrySuperior quality commands premium priceSpecialty product only grown in Indian subcontinentSlender, extra long grain with a pearly hue, known for its aromatic characteristicsAllergy-free product that must be aged for ~12 months

Global Basmati$6bn(1)

India$50bn(2)

Rest of World$225bn

Wholesale$275bn(1)Basmati is a highly attractive category given its premium price and superior growthKey Rice Industry FactsBasmati Is a Differentiated Category within Rice

And We are a Global Leader in Basmati RiceVoted Asias Most Promising Brand by the WCRC group in 2013Voted INDIAN POWERBRAND in the Food Category by Planman Group in 2011 and 2013

Best Partner in the Staples category in 2013 at the Bharti Walmart Private Limited Annual Supplier Conference

Recognized as a Global Growth Company since 2010, an invitation-only community consisting of ~300 of the worlds fastest-growing corporations each year

Strong Relationships with leading global retailers such as Carrefour, Costco, Metro Cash & Carry, Tesco and Walmart

(1) Horizon Research; (2) CRISIL1. Basmati Rice A Large and Diverse Market

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1. Basmati RiceStrong Growth and Premium Pricing DynamicsBasmati has consistently grown at a rate well above the overall rice industry and commands a significant price and margin premium to manufacturersNote: Basmati and Specialty Rice pricing per MT based on Amira price realization.

Double-digit growth in domestic and international consumption in bothhistorical and forecasted five year periodsSource: CRISIL, Euromonitor

4%15%24%0%5%10%15%20%25%30%Global Rice VolumeBasmati RiceVolume in IndiaBasmati Rice Volume Outside India2008-2013 CAGR (%)

$1,076$1,191$1,036$1,162$1,328$1,426$417$452$489$459$505$502$0$200$400$600$800$1,000$1,200$1,400$1,600FY10YTD Q2 FY15Price per MT ($)

FY11FY12

Basmati Rice

FY13FY14

Specialty Rice

Basmati Category Growing Faster Than Global Rice Sales

Commands Premium Pricing14

$76$154$200$209

$241

$323$0$100$200$300$400Annual International sales (US$m)

Top 10 Brands 9.8%Other Brands 90.2%Note: Converted exchange rates of 61.1 INR/USD and 1.63 GBP/USD. Annual sales figures represent March FY14 resultsSource: ANFIs publicly filed 20-F, Company filings, Euromonitor, and Management estimates; ANFI sales include Amira Branded, Third Party branded and Instititutional sales

Solid Position in the Domestic Indian Market by Sales

Leading Position Internationally by Sales Among Indian Specialty Rice Players

Packaged Rice Industry Dynamics2. A Global Leader in a Fragmented CategoryTop 10 Brands(1)

(2.1%)

(1.1%)Heilongjiang AgricultureBei Da Huang brand (0.7%)

2014 Value: US$71bnSource: Euromonitor; Represents global market share in 2014 packaged rice by value.(1) Parentheses represent global market share in packaged rice by value.Generics (0.9%)

Arawana brand (1.0%)Gyeonggi Nonghyup Nonghyup brand(0.6%)(1.7%)

Shinmei (0.6%)(0.6%)

(0.5%)

$85$167$224$267$664$0$200$400$600$800Annual Indian sales (US$m)

ANFI is a leading global provider of branded packaged Indian specialty rice

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Sales in 60 countries vs. 40 at time of IPO

Approximately 60% of sales achieved internationally in FY2014

Strong historical presence in India and the Middle East

Continued expansion into developed markets,i.e. US, UK, Continental Europe

Sales of Amira Branded ProductsSales of Third-Party Branded & InstitutionalSales of Amira Branded, Third-Party Branded & Institutional

Amira India Headquarters & Processing FacilityAmira Offices

3. Strong and Growing Global Presence

Source: ANFIs publicly filed 20-F and publicly available dataNote: Country sizes are not altered to be representative of ANFIs sales presence16

3. ANFI Has Invested In Physical Infrastructure with Sales Offices, Processing Equipment and Storage Around the World

ANFIs Offices Around the World

Processing Facility, Gurgaon, India

Delhi Office (Current)Delhi Office (New)New York OfficeDubai Office

Dusseldorf, Germany Office

Distribution Center, India

UK Office17ANFIs offices, factory and warehouses have been visited and diligenced by its investment bankers, lawyers, sellside research analysts and numerous investorsNote: for illustrative purposes only. ANFI has additional offices, production facilities that have not been depicted above.

3. ANFIs Products Sit On the Shelves Around the WorldEstablished base in high growth emerging markets with opportunity to increase penetration in developed markets Packaged rice market size in US: ~$2.5bn, UK: ~$850mm and Continental Europe: ~$4.5bnSource: Euromonitor

WH Smith, New DelhiMorrisons, LondonDansk, Copenhagen

Food Palace, Qatar

Marianos, Chicago, USA

Costco, USA

18

Wall Street JournalThe Grocer, UK3. ANFI Has Made Concerted Efforts to Support the Brand

Public Transportation, UK

Airport Billboard, New Delhi

19

Rapidly growing middle classEstimated middle class population CAGR is 13% between 2005 and 2025, reaching 583 million Indian middle class citizens by 2025(1) (current population of India is 1.267 billion)Amira is able to serve pan-India with extensive distribution structure and plans to supplement direct distribution as neededRobust growth expected in modern trade in India17% CAGR from 2014 to 2019 estimated for modern trade (organized retail formats), which is estimated to account for 11% of Indian retail trade in 2014(2)Amira has a dedicated sales team focused on the modern trade channelAmira has first mover advantage due to entrenched relationshipsIncreasing private consumptionPrivate consumption estimated to increase at a 7% CAGR between 2005 and 2025, reaching $1.5 trillion in 2025(1)Amira positioned to benefit from favorable macroeconomic and demographic trends in IndiaMcKinsey Global Insight, assumes 0.0223 INR/USD exchange rate.Planet Retail.4. Favorable Economic Trends in Home Market of India

15 DCs today, up from 1 at IPO

Rajasthan20Uttar PradeshAhmedabadDelhiHyderabadHimachal PradeshUttarakhandSurajpur (UttarBangaloreKolkataMumbaiPradesh) LucknowRanchiVijayawada ChennaiZirakpur (Punjab)Punjab HaryanaGurgaonJaipurIndoreEstablishment of 15 company managed distribution centers in India provides Amira with greater control over its expansion efforts in its important home geographyExpected to drive deeper and more broad market penetrationExpected to generate higher service levels of fill rates, inventory turnover and replenishment

5. Well-Established Customer Relationships

3rd Party Branded Partners

Revenue by Top 5 Customers

Top 5 Customers 47%Rest of Customers 53%2012 (IPO)

Top 5 Customers 34%2014

Amira has strong relationships with leading global retailers

Selected Customers

In Spring 2015, Amira Nature Foods Ltd Announced Three New Partnerships to Expand Amira Branded Sales in the United States

Rest of Customers 66%Source: ANFIs publicly filed 20-F and publicly available dataNote: For FY 2014, Amira branded sales, third party branded sales and institutional sales contributed 43%, 44% and 13%, respectively, of total ANFI sales.

21

Launched Amira brand in 2008 initial focus on Indian market, now in 40+ countries around the worldAmira brand has nearly doubled since IPO to~$240 million as of fiscal 2014Consumer awareness built through multi-pronged marketing strategyBroad product range across size and value pyramidContinued focus on innovation and consumer friendly adjacencies (edible oils, snacks and ready meals)Launched organic initiative in 2013 relationships with more than 7,500 organic farmers in India6. Strong Brand and Continuous Product and Packaging Innovation

Core Rice OfferingsCore Basmati RiceInnovation Across Rice Categories

Leveraging Our Expertise into New Adjacencies Ready to Eat Snacks

Organics

Source: ANFIs publicly filed 20-F and other publicly available information22

6. Brand Building Based on Consumer Research

Best Fit Product & Strategic Packaging

Brand and Relevant Pricing

Promotion & Advertising

= Successful Consumer Strategy

Eye Level Placement

23

Paddy procurement typically occurs between September and March

Basmati rice is grown exclusively in foothills of the Himalayas in the India subcontinent

Amira has long-standing relationships with top procurement agents and local paddy farmers in all major paddy procurement centers

Basmati rice may be purchased in unfinished state from local paddyfarmers via the mandi process, or in semi finished form from third party millers7. Superior Sourcing Network The Amira AdvantageUttar Pradesh

RajasthanSource: ANFIs publicly filed 20-F and other publicly available information24Uttar PradeshMajor Basmati-Growing RegionsPunjab HaryanaUttarakhandHimachal PradeshAmira procures the highest quality paddy for production, including proprietary technology for the testing of purchased paddy

We maintain ample warehousing capacity to store the paddy for optimal aging (12+ months), resulting in high-end, premium all-natural Basmati rice

Relationships with more than 200,000 farmers and more than 7,500 certified organic farmersBest-in-class supply chainLong-standing relationships with local paddy farmers and a large network of procurement agents allow us to consistently source high-quality and quantity of paddy

2460TodayPost Expansion PlanInstalled Capacity(MT/HR)

7. Processing Capacity to Support Growth

Existing FacilityCurrently operates a state-of-the-art, fully automated and integrated processing and milling facility in Guragon, India (originally constructed in 1995 with major upgrades in 2010)Includes grading and packaging units, along with modern in-house laboratory for quality assurance and warehousingProcessing capacity of 24 metric tons per hour (27 metric tons per hour including leased facilities)Existing site zoned for residential development

Processing CapacityPlanned FacilityLandPreviously secured 48.2 acres of land in Karnal, Haryana, IndiaPurchase of Amira Enterprises with 86 acres of adjacent landStrategically located near rice growing region and~132 km from New DelhiFactory EquipmentBuhler rice processing facility on order for $8.3 millionNext generation machinery adds 48 metric tons per hour of rice milling capacityUpon completion of installation, 12 metric tons per hour facility (2010 vintage) will move to new location and shutter older-era equipmentPhase 1 Capabilities60 metric tons per hour of modern, untouched-by- hand processing equipmentConsolidation of warehousing onsite vs. multiple leased locations todayModern Amira factory office compound and R&D lab

Source: ANFIs publicly filed 20-F and other publicly available information25Currently process ~30-35% product as early stage product, additional ~30-35% reprocessed and remainder via 3rd partyAfter completion of new facility, will process ~50% as early stage rice, additional~30-35% reprocessed and remainder via 3rd party

8. Committed and Successful Management TeamOur management team has transformed Amira from a local, family-owned business into a global, professionally run companyYears of RelevantNamePositionExperienceExperience

Key Management

Board

26Karan A. ChananaChairman19Bruce WachaChief Financial Officer15Protik GuhaCEO, Amira India20Rajesh AroraSr. Executive Director Finance25Ashish PoddarExecutive Director Finance16Tony OConnorCEO, Amira UK & Europe39Tobias SterathCEO, Basmati Rice GmbH10Alireza YazdiVice President, Amira U.S., Canada, South America20Neal CravensIndependent Director35Shiv Surinder KumarIndependent Director21Harash Pal SethiIndependent Director40Cornelius Barton & Co.

EBITDA bar graph and revenue trend line are based on LTM numbers, while indicated growth rates reflect yoy quarterly growthQuarter end for McCormick & Company, Inc. is August 31st; Boulder Brands Inc. CAGR corresponds to the period LTM Sep. 2012 to LTM Sept. 2014On Dec. 23, 2013 Boulder Brands, Inc. announced the acquisition of EVOL Foods and estimated EVOL would generate $25M in net sales and approximately $1.5M in EBITDA for the year ending Dec. 31, 2014; On June 1, 2012 Boulder Brands, Inc. announced the acquisition of Udi's Healthy Foods, LLC and noted Udis had TTM sales of $60.9 million and TTM adjusted EBITDA of$7.2 millionSource: Public filings, Capital IQ, and other publicly available data9. Proven Organic Financial Results

Peer CAGR for the period LTM Dec. 2012 to LTM Dec. 2014(2)LTM Revenue ($ millions)LTM Adj. EBITDA ($ millions)

(1)

$41$45$50$52$57$61$67$75$80$86$93$342$360$401$414$444$472$501$547$576$609$6590204060801001200100200300400500600700Jun.12Sep.12Dec.12Mar.13Jun.14Sep.14Dec.14

Jun.13Sep.13 LTM Adj. EBITDA

Dec.13Mar.14 LTM Revenue

27Revenue growth(1)19.4%28.7%56.2%10.2%37.6%36.1%25.1%33.0%25.9%30.9%35.0%Adj. EBITDA growth(1)22.0%53.8%54.2%16.0%43.2%38.8%48.7%44.0%30.9%39.4%36.6%

Revenue CAGR28.3%36.6%61.5%15.7%7.2%3.3%22.8%35.0%17.5%10.9%13.9%9.5%26.7%32.4%18.9%4.6%7.9%10.0%2.8%4.3%5.3%6.3%4.3%7.4%8.6%-4.3%-23.0%22.1%25.9%5.3%16.2%14.2%12.5%Adj. EBITDA CAGRAdj. EPS CAGRSignificant Acquisitions- (3)---

FINANCIAL OVERVIEW

Strong, Sustainable Performance Over Time, While Increasing Margins

Consistently delivered over 26% top-line growth in the last four plus years while increasing Adj. EBITDA by 34%RevenueAdj. EBITDA

$202$255$329$414$547$659$0$100$200$300$400$500$600$700FY 2010FY 2011FY 2012FY 2013FY 2014LTM Q3 2015($ in millions)

$22$31$40$52$75$93

10.7%12.1%12.1%12.7%13.8%14.1%8%10%12%14%16%18%20%22%24%$0$10$20$30$40$50$60$70$80$90$100FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 LTM Q32015EBITDA margin($ in millions)

Source: ANFIs publicly available financial statementsNote: Fiscal years ended March 31. LTM values are unaudited figures.

$75.5$80.0$85.6$93.013.9%14.0%14.1%13.5%14.0%14.5%$60.013.8%$70.0$80.0$90.02015 Q12015 Q22015 Q3

Q1 201419%Q2 201419%Q3 201427%Q4 201435%

Q1 201319%Q2 201319%Q3 201328%Q4 201334%

Q1 201420%Q2 201420%Q3 201426%Q4 201434%EBITDA Generation and Seasonality

LTM Rolling Adj. EBITDA and Margin($ in millions)$100.0

Predictable and seasonal business with Q4 generating ~34% of revenues and Adj. EBITDAFiscal 2013 and 2014 Revenue DistributionFiscal 2013 and 2014 Adj. EBITDA Distribution

Q1 201319%Q2 201319%Q3 201327%Q4 201335%2014 Q4Source: ANFI publicly filed 20-F and other publicly available data

Balanced Business Model with Steady Growth Profile

Revenue by GeographyRevenue by BrandAmira Branded / Third Party Branded ~50%/50% split today

Institutional returns to 5% 12% level historically seenFY14 Revenues and % Change y-o-y India $224.1, up 18.6% (31.5% in Indian rupees)

EMEA $237.5, up 22.9%

Asia Pac $73.9, up >100%

N. America $11.8, up 73.5%

Revenue by Brand Over Time

$29$42$27$7$69$78$118$181$214$95$95$122$192$239$239FY2010FY2011FY2013FY2014

Institutional

FY2012Third Party Branded

Amira Branded($ in millions)

Third party Branded 44%Amira Branded 43%Institutional 13%

EMEA 43%India 41%Asia Pacific (ex-India) 14%North America 2%

Source: ANFI publicly filed 20-F and other publicly available data30

$5.5$1.8$0.9$0.9$3.9$-$1$2$3$4$5$6Disciplined Cost Structure and Capital Spending Plan

Historically invested in only the most modern manufacturing equipment which has allowed us to benefit from low maintenance capex

Maintenance capex expected to be less than ~$2-3 million per year

In the process of breaking ground on our new processing facility in Karnal, India which will increase our capacity from 24 to 60 MT / hour, further benefiting our margins

Strong controls over employee costs with 439 of 477 employees based in Indian home market

Historical Capital Expenditures31($ in millions)Source: ANFI publicly filed 20-F and other publicly available dataFY2010FY2011FY2012FY2013FY2014% of sales2.7%0.7%0.3%0.2%0.7%

Source: Derived from public Company financial statements and Capital IQ as of May 11, 2015Note: ANFI values based on publicly filed financial statements; Interim results and ratios have not been audited.Large Cap companies include Campbells, ConAgra, General Mills, Kellogg, Mead Johnson, Kraft, Mondelez, PepsiCo, JM Smucker, and McCormick.Mid and Small Cap companies include Pinnacle, Treehouse, Snyders-Lance, B&G Foods, Flowers Foods, Post Holding Cop., Hain Celestial, WhiteWave, J&J Snack Foods, SodaStream, Boulder Brands, Diamond Foods, Monster Beverage, and Herbalife.ANFI Continues to Maintain a Conservative Capital Structure

ANFI Leverage (Total Debt / LTM Adj. EBITDA)

32

Peer Leverage Levels (Total Debt / LTM Adj. EBITDA)ANFI continues to maintain a conservative balance sheet with$187.1 million of total debt at December 31, 2014 compared to December 31, 2014 LTM adjusted EBITDA of $93 millionTotal Debt to adjusted EBITDA ratio of just 2.0x at December 31, 2014, compared to 2.4x and 3.1x at December 31, 2013and March 31, 2013, respectivelyNet Debt to LTM adjusted EBITDA ratio of just 1.7x at December 31, 2014LTM Adjusted EBITDA to Finance Cost (net of Finance Income) ratio of 3.3x at December 31, 2014ANFI had $27 million of cash on its balance sheet and $21.6 million available under its current borrowing facility suggesting more than sufficient capital to fund its continuing operationsStrong relationships with consortium of Indian banks

3.1x2.5x2.4x2.4x2.4x2.3x2.2x2.0x0.0x1.0x2.0x3.0x4.0x5.0xQ4'13Q1'14Q2'14Q3'14Q4'14Q1'15Q2'15Q3'15

ANFI Interest Coverage (LTM Adj. EBITDA / Finance Costs Net of Finance Income)Total Debt / LTM Adj. EBITDA

2.5x2.8x3.1x3.0x3.3x3.2x3.0x3.3x0.0x1.0x2.0x3.0x4.0x5.0xQ4'13Q1'14Q2'14Q3'14Q4'14Q1'15Q2'15Q3'15LTM Adj. EBITDA / Finance Cost(net of Finance Income)

3.9x3.0x2.0x1.0x2.0x3.0x4.0x5.0xMid and Small Cap Food Competitors (Avg)Large Cap Food Competitors (Avg)AmiraTotal Debt / LTM Adj. EBITDA

2014 Fiscal Year Performance Review33

$413.7$547.3$0$200$400$600$80020132014($ in millions)

$0$50$100$15020132014($ in millions)RevenueKey DriversNote: Does not include the full benefit of Basmati Rice GmbH which had approximately $9 million in calendar year 2013 sales and was acquired in January 2014;Adjusted EBITDA and Adjusted EPS exclude the impact of non cash compensation in the amount of $0.2 million and $2.9 million for the fiscal years ended 2013 and 2014, respectively: weighted average diluted shares for the period were 35.7 million and 35.9 million for fiscal years 2013 and 2014, respectively. Please see Non IFRS Measures in this release for a reconciliation of Adjusted EBITDA and Adjusted profit after tax to the IFRS measure of profit after tax.

Adjusted EBITDA

Revenue increased by $133.7 million, or 32.3%, to $547.3 millionInternational sales increased by $98.5 million, or 43.8%, to$323.2 million, India sales increased by $35.2 million, or 18.6%, to $224.1 million (up ~31.5% in rupees y-o-y)Amira branded sales increased by $43.8 million, or 22.4%, to$238.8 million, and 3rd party branded sales increased by $24.3 million, or 11.3%, to $239.1 million, institutional sales increased by $65.6 million to $69.4 millionAdjusted EBITDA increased by $23.1 million, or 44.0%, to $75.5 million driven by strong sales growth for the period as well as increased pricing and operating efficiencies.Margins increased by more than 100 bps, driven by pricing improvements in cost of materials as % of sales (75.7% vs 77.3%) and freight, forwarding and shipping (4.3% vs. 5.1%) and was offset in part by an increase in employee expenses as a % of sales (2.1% vs. 1.3%)Adjusted profit after tax increased by 93.2% to $41.0 million, compared to $21.2 million, driven by increased EBITDA, operating leverage and a reduction in effective tax rate of 19.6% from 30.0%Adjusted EPS increased by $0.59 or 93% to $1.14Adjusted EPS

$0.59$1.14$0.40$0.00$1.20$0.8020132014($ in millions)

$75.5$52.2

3 Months Ended Q3 2015 Financial HighlightsRevenueKey driversAdjusted EBITDAAdjusted EPS% marginRevenue increased $49.9 million or 35.0% to $192.4 million driven primarily by increased sales volume and product mix of rice in India and internationallySales in India increased by $20.3 million or 30.7%, to $86.6 million, non-India or international sales increased $29.6 million or 38.9%, to$105.8 millionAmira branded and third party branded sales increased $39.9 million, or 29.2%, to $176.4 million, Institutional sales were $16.0 million compared to $5.9 million a year agoCost of material including the change in finished goods as a percentage of revenue increased by 390 basis points to 79.3% of sales from 75.4% in the year ago period. Cost of material including change in finished goods as a percentage of revenue plus foreign exchange gain/ (loss) (due to hedging of foreign exchange risk) increased by 330 basis points to 79.2% of sales from 75.9%. Increase largely driven by higher cost of raw material from the procurement season of FY 2014Freight, forwarding and handling expenses decreased by 180 basis points to 2.4% of sales from 4.2% in the prior period, due to more shipments involving free on board (FOB). Employee benefit costs decreased 110 basis points to 2.3% of sales compared to 3.4%. Other expenses decreased 80 basis points to 3.2% of sales from 4.0%. Other gains / losses showed a gain of $1.3 million versus a loss of $0.9 million in the prior year period.Adjusted EBITDA increased $7.4 million or 36.6% to $27.7 million, with adjusted EBITDA margins increased 10 bps to 14.4%The Companys effective tax rate was 21.8% for the period compared to 19.1% in the year ago period, Adjusted profit after tax increased $5.5 million or 52.9% to $15.9 million from $10.4 million and Adjusted EPS increased 52.9% to $0.44 per share from $0.29 per share in the prior year periodNote: Interim results are not audited. Includes full benefit of Basmati Rice GmbH which was acquired in January 2014;Adjusted EBITDA and Adjusted EPS exclude the impact of non cash compensation; weighted average diluted shares were 35.9 million and 35.9 million for the three months ended December 31, 2013 and December 31, 2014, respectively. Please see Non-IFRS Measures in this release for a reconciliation of Adjusted EBITDA and Adjusted profit after tax to the IFRS measure of profit after tax.

$142.5$192.4$250.0$200.0$150.0$100.0$50.0$0.020142015($ in millions)

35.0%

$20.3$27.7$0.0$10.0$20.0$30.0201414.3%201514.4%($ in millions)

$40.036.6%

$0.29$0.44$0.50$0.40$0.30$0.20$0.10$0.0020142015($ per share)

52.9%34

Key Working Capital Items

Source: Values based on publicly filed financial statementsNote: Interim results and ratio analyses have not been audited. A reconciliation for LTM sales is included in the appendix. Net adjusted working capital is defined in Appendix for Non-IFRS measures.$ in millions

Q4 2014

Q2 2015

Q3 2015

Q3 2014

35Inventories$253.9$255.0$251.3$253.8% LTM sales50.7%46.6%41.3%38.5%Trade receivables$74.7$80.9$86.5$99.1% LTM sales14.9%14.8%14.2%15.0%Trade payables$68.3$41.2$11.9$16.5% LTM sales13.6%7.5%1.9%2.5%Net Adjusted working capital$262.9$298.2$325.3$339.4% LTM sales52.5%54.5%53.4%51.5%

Key Capital Structure Items

Cash and cash equivalents$33.8$37.6$25.7$27.0Total debt$160.3$184.8$184.2$187.1LTM adjusted EBITDA$67.4$75.5$85.6$93.0Total debt / LTM adjusted EBITDA2.4x2.4x2.2x2.0xNet debt / LTM adjusted EBITDA1.9x2.0x1.9x1.7x$ in millionsSource: Values based on publicly filed financial statementsNote: Interim results and ratio analyses have not been audited. A reconciliation for LTM adjusted EBITDA is included in the appendix.

Q4 2014

Q2 2015

Q3 2015

Q3 2014

36

Outlook

Long term

FY 2015Revenue25% growth$1.0 billion

Adjusted EBITDA25% growth$150 million

Note: Long term outlook represents Revenue and Adjusted EBITDA targets through FY2018 set by management at time of IPO.37

Recap of Amira Credit Highlights38Established, 100 year old company with a track record of proven financial results

Global leader in a large and growing category with attractive pricing dynamics

Recognized international brand that represents a value-add and premium high quality productDeep, entrenched and longstanding relationships with a vast network of trusted suppliers Proven ability to expand internationally and diversify business profile

Defensive business model with a strong inherent free cash flow generation profile (currently reinvesting back into the business)

Experienced management team with focus on preserving a conservative capital structure and financial policy

APPENDIX: SUPPLEMENTAL MATERIALS

Q3 2015 LTM Revenue, Adj. EBITDA and Adj. PAT ReconciliationAdjusted PAT$21.2$41.0$24.2$35.7$52.5Source: ANFIs publicly filed 20-F and public company financial statementsNote: LTM and quarterly values are unaudited.($ in USD millions)9 Months9 MonthsEnded Dec 31,Ended Dec 31,FY 2013FY 201420132014LTM Dec 31, 2014(A)(B)(C)(A) (B) + (C)Revenue$413.7$547.3$360.8$472.6$659.2Adjusted EBITDA$52.4$75.5$49.0$66.5$93.0

Amira Nature Foods Corporate StructureCorporate StructureAssumes the completion of the purchase by Karan A. Chanana of 1,500,000 equity shares of Amira India.Includes Share options granted and vested till March 31, 2014.International subsidiaries are: Amira I Grand Foods Inc., Amira Food Pte. Ltd., Amira C Foods International DMCC, Amira Foods (Malaysia) SDN. BHD., Basmati Rice GmbH, Basmati Rice North America LLC, Amira G Foods Limited, and Amira Ten Nigeria Limited.Source: Company filingsAmira I Grand Foods Inc. (British Virgin Islands)Amira Pure Foods Private Limited (India)

Karan A. Chanana

Public shareholders

Amira Nature Foods Ltd (British Virgin Islands)

Amira Nature Foods Ltd (Mauritius)100%69.4%(b)30.6%

Karan A. Chanana and affiliates

19.6%(a)

International Subsidiaries(c )

100%40100%80.4%