About the Company:

Metro is one of the largest Indian footwear specialty retailers, and are among the aspirational Indian brands in the

footwear category. The firm's first store under the Metro brand in Mumbai in 1955, and have since evolved into a one-stop-shop for all footwear needs, by retailing a wide range of branded products for the entire family including men, women, unisex and kids, and for every occasion including casual and formal events. As of March 31, 2021, the company operates 586 Stores (as defined below) across 134 cities spread across 29 states and union territories in India. The firm retails footwear under its brands of Metro, Mochi, Walkway, Da Vinchi, and J. Fontini, as well as certain third-party brands such as Crocs, Skechers, Clarks, Florsheim, and Fitflop, which complement our in-house brands. The firm's retail operations are carried out through our stores and distributors as well as through online channels. The firm also distributes products of third-party brands through MetMill and retail products through franchisees. MBOs, EBOs, SIS, and franchisees, operated by the company.

The company's total store count has grown from 504 in 116 cities as of March 31, 2019, to 586 stores across 134

cities as of March 31, 2021. Metro has a pan-India presence through the Store network in prominent high streets, malls, and airports, spread across 29 states and union territories in India as of March 31, 2021, and have opened 113 new MBOs (including seven through franchises) and 98 new EBOs in the last three Fiscals. The firm is also in the process of strengthening its retail presence through franchisees for the Walkway brand. As of March 31, 2019, 2020, and 2021, the Company-operated Stores with a total Retail Business Area of 643,442 sq. ft., 694,955 sq. ft., and 720,994 sq. ft., respectively.

Outstanding Litigation:

Financial Statements: