Reliance Industries Limited (“Reliance Industries”) and Jio PlatformsLimited (“Jio Platforms”), announced today that Intel Capital will invest ₹ 1,894.50 crore in JioPlatforms at an equity value of ₹ 4.91 lakh crore and an enterprise value of ₹ 5.16 lakh crore. IntelCapital’s investment will translate into a 0.39% equity stake in Jio Platforms on a fully diluted basis.
Intel Capital joins the list of marquee firms who have recently invested in Jio Platforms, taking the
total investment amount to ₹ 117,588.45 crore.
Jio Platforms, a wholly-owned subsidiary of Reliance Industries, is a next-generation technologyplatform focused on providing high-quality and affordable digital services across India, with morethan 388 million subscribers.

Jio Platforms has made significant investments across its digitalecosystem, powered by leading technologies spanning broadband connectivity, smart devices,cloud and edge computing, big data analytics, artificial intelligence, Internet of Things, augmentedand mixed reality and blockchain. Jio’s vision is to enable a Digital India for 1.3 billion people andbusinesses across the country, including small merchants, micro-businesses and farmers so that allof them can enjoy the fruits of inclusive growth.

Intel Capital invests globally in innovative companies with a focus on disruptive technology areaslike cloud computing, artificial intelligence and 5G – opportunities where Jio is also innovating andinvesting for growth. Intel Capital is the investment arm of Intel Corporation, a leader in the
semiconductor industry, shaping the data-centric future with computing and communicationstechnology that is the foundation of global innovations. Intel has operated in India for more than two
decades and today employs thousands of employees there with state-of-the-art design facilities in
Bengaluru and Hyderabad.

We are extremely delighted to deepen our ties with technology leaders that embody our vision of transforming India into a leading Digital Society in the world.

Mr. Mukesh Ambani, Chairman and Managing Director of Reliance Industries, said, “We are extremely delighted to deepen our ties with technology leaders that embody our vision oftransforming India into a leading Digital Society in the world. Intel is a true industry leader, workingtowards creating world-changing technology and innovations. Intel Capital has an outstandingrecord of being a valuable partner for leading technology companies globally. We are thereforeexcited to work together with Intel to advance India’s capabilities in cutting-edge technologies thatwill empower all sectors of our economy and improve the quality of life of 1.3 billion Indians.”

Mr. Wendell Brooks, Intel Capital President, said, “Jio Platforms’ focus on applying its impressive
engineering capabilities to bring the power of low-cost digital services to India aligns with Intel’s
purpose of delivering breakthrough technology that enriches lives. We believe digital access and
data can transform business and society for the better. Through this investment, we are excited to
help fuel digital transformation in India, where Intel maintains an important presence.”