Citius Transnet Investment Trust IPO

A large and well-dispersed portfolio of Project SPVs, with a long operating history and residualconcession life, broad dispersion in terms of asset value, and proven track record of traffic growth.

Strong pipeline of Identified ROFO Assets.

Strategically located assets across geographically diverse clusters, situated near major economiccorridors, and handling a diverse industry and commodity mix.

De-risked portfolio providing stable cash flows from toll and annuity assets, with a balanced trafficmix backed by industrial activity (commercial vehicle volume) and personal consumption activity(passenger vehicle volume).

Experienced in-house team with full spectrum asset management and maintenance capabilities, spanningthe entire asset life cycle, backed by tech-enabled operations and maintenance.

Strong and differentiated asset acquisition and investment capabilities.

Strong support from its Investment Manager, Project Manager and the EAAA Platform which has a proven track record in AUM growth, capital raising, and investment and asset management capabilities.

Skilled and experienced management team with a focus on corporate governance and capitalmanagement.

Attractive transport sector outlook with the established regulatory environment and economic and socialtailwinds.

The Trust and the Investment Manager have no operating track record and may not be able to operatethe companys business successfully, achieve business objectives or generate sufficient cash flows to make orsustain distributions.

The Special Purpose Combined Financial Statements included in this Offer Document may notaccurately reflect the companys future financial position, results of operation and cash flows.

The company has incurred loss before tax amounting to Rs.2,144.17 million, Rs.4,155.32 million, Rs.7,381.41 millionand Rs.6,338.31 million in the nine months ended December 31, 2025 and the Financial Years 2025,2024 and 2023, respectively. Any similar losses in the future may adversely affect its business,financial condition and cash flows.

A significant portion of the companys revenue is concentrated in a few Project SPVs, and any adversedevelopments affecting these SPVs could materially impact its financial condition, revenue fromoperations, cash flows and ability to make distributions to Unitholders.

The Formation Transactions or usage of Issue Proceeds will only be given effect to after the Bid/IssueClosing Date, and the companys ability to consummate these transactions will impact the size of the Issue and theability of the Investment Manager to complete this Offer.

The companys revenues from certain of its Project SPVs are dependent on receiving consistent annuity incomeand interest on annuity income from NHAI and MoRTH and other compensation payments.

Disruptions to the roadways connecting to the toll roads, including as a result of construction ormaintenance activities are outside of the companys control and such disruptions may have an impact on revenuefrom operations, financial position and cash flows.

The companys toll revenues and traffic volumes depends on regulatory limitations and the number of people usingits roads, which in turn are dependent on factors beyond the companys control.

The development or improvement of competing roads, bridges, or alternative modes of transport mayreduce traffic volumes and toll collections on the companys toll assets, which in turn could affect its business,financial position, results of operations and cash flows.

Consummation of the Formation Transactions pursuant to which the company will acquire the Project SPVs issubject to certain conditions.