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McDonald’s takes a bold step towards a Sustainable future

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Undertakes industry-leading initiative of converting Used Cooking Oil to Biodiesel for its supply logistics fleet in Mumbai

Mumbai, July 24, 2018: Did you ever think that by eating French fries at McDonald's, you could lend a
hand in saving the environment? Well, you do! McDonald’s is the first company in the food industry in
India that is recycling its used cooking oil into biodiesel for powering the company’s refrigerated supply
delivery trucks.

Biodiesel made from used cooking oil is a cleaner fuel with 75% lower carbon emissions than diesel over
its entire life cycle. It is an eco-friendly fuel that helps limit global warming. Hardcastle Restaurants Pvt
Ltd,(HRPL) the master franchisee for McDonald’s in west and south India is now powering all its delivery
trucks in Mumbai with biodiesel made from its own used cooking oil. Even the refrigeration equipment
aboard these trucks is powered by the biodiesel.

The Company started this as a pilot last year and has successfully scaled it up to cover all 85 restaurants
in Mumbai. Today, the company is converting more than 35,000 litres of used cooking oil every month
into biodiesel. Imagine – that’s a saving over 420,000 litres of crude oil annually!

The process of conversion begins at the restaurant where the team from the distribution center collects
used cooking oil. The collected oil is then taken to the converting facility in tankers. Here, the oil is
converted into bio-diesel and sent back to the distribution centre. It is then used in dedicated
refrigerated trucks for McDonald’s supply logistics in Mumbai.

Speaking on the initiative, Amit Jatia, Vice Chairman, Westlife Development Ltd. said, “We strongly
believe in protecting our environment and that makes sustainability and conservation an important part
of our operations in India. Today, we are happy to announce this industry-leading initiative towards
sustainability by converting our used oil into biodiesel for distribution of supplies at our restaurants. This
is just the beginning and we will continue to champion the cause of environment protection in the years
to come. We are grateful to our suppliers who have closely worked with us to improve the economic,
ethical, and environmental impact of our supply chain.”

Over the next 4 years, HRPL is looking at expanding its restaurant footprint to 450-500. What this
essentially means is using about 15 lakh litres of used oil to make biodiesel for running its refrigerated
delivery trucks. That’s a reduction of over 4,000 MT of carbon emissions equal to planting about 2 lakh
trees.

Speaking on the initiative President of the Biodiesel Association Of India, Sandeep Chaturvedi, said
“We are delighted to know that that Hardcastle Restaurants Pvt Ltd (HRPL) has become the first
restaurant chain in the country to implement sustainable Biodiesel by successfully recycling its Used
Cooking Oil. HRPL & Unicon Biofuels has been working for the past one year to convert Used Cooking Oil
to Biodiesel as per Bureau of Indian Standards (BIS). The Biodiesel Association of India (BDAI) encourages
all food companies to learn from this initiative and apply it in their own business model.”

The Company got the opportunity to present its Biodiesel initiative to the industry regulator-the Food
Safety and Standards Authority of India(FSSAI), officials from the Ministry of Health and the Ministry of
Petroleum and Natural Gas, Government of India, State Biofuel Development Boards of various states,
oil PSUs (Public Sector Undertakings), major food companies and industry bodies and associations like
the Confederation of Indian Industry (CII), All India Food Processors’ Association (AIFPA) and NASVI (the
National Street Vendors Association of India). The effort has been very well received and acknowledged
by the regulator as a step that should be emulated by others.

With this initiative, HRPL once again reinforces its commitment to the community in which it operates.
With such bold actions the company embraces its leadership responsibility and will continue to keep
ahead of the curve do deliver what is best of its customers, the community and the environment.

About Westlife Development:

Westlife Development Limited (BSE: 505533) (WDL) focuses on putting up and operating Quick Service Restaurants (QSR) in India through its subsidiary Hardcastle Restaurants Pvt. Ltd. The Company operates a chain of McDonald’s restaurants in west and south India, having a master franchisee relationship with McDonald’s Corporation USA, through the latter’s Indian subsidiary. Marquee investors such as Arisaig India Fund Ltd, SBI Mutual Fund, Tree Line Asia Master Fund (Singapore) and Ward Ferry Fund, among others are stakeholders in WDL.

About Hardcastle Restaurants:

Hardcastle Restaurants Pvt Ltd (HRPL) is a McDonald’s franchisee with rights to own and operate McDonald’s restaurants in India’s west and south markets. HRPL has been a franchisee in this part of India since its inception in 1996. HRPL serves approximately 200 million customers, annually, at its 277 (as of March 31, 2018) McDonald’s restaurants across 37 cities in the states of Telangana, Gujarat, Karnataka, Maharashtra, Tamil Nadu, Kerala, Chhattisgarh, Andhra Pradesh, Goa and parts of Madhya Pradesh, and provides direct employment to over 8,000 employees. McDonald’s operates through various formats and brand extensions including standalone restaurants, drive-thru’s, 24/7, McDelivery and dessert Kiosks. The menu features Burgers, Finger Foods, Wraps and Hot and Cold Beverages besides a wide range of desserts. Several of the McDonald’s Restaurants feature an in-house McCafé. The pillars of the McDonald's system – Quality, Service, Cleanliness and Value – are evident at each of the restaurants where HRPL operates.

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