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FY 2023 Capital Structure After Tax Cost Weighted Cost Value($M) % Funded Debt $ 31,891.00 64.38% 4.55% 2.93% Market Cap $ 17,647.00 35.62% 9.80%

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FY 2023 Capital Structure After Tax Cost Weighted Cost Value($M) % Funded Debt $ 31,891.00 64.38% 4.55% 2.93% Market Cap $ 17,647.00 35.62% 9.80% 3.49% Firm Value $ 49,538.00 100.00% WACC= 6.42% WACC = [(E/V * Ke) + (D/V * Kd) * (1-Tax rate)] = [(35.62% * 9.80%) + (64.38% * 4.55%) * (1-0.25)] = 5.69%

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