Mahindra & Mahindra Ltd. Conference Calls and Earnings Call Transcripts

This is further to our letters bearing REF:NS:SEC dated 21st February, 2025 wherein we had given you an advance intimation of the Schedule of Analyst or Institutional Investor Meeting(s) with the Company in terms of Regulation 30(6) read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. We wish to inform you that the Company today physically participated in IIFL Conference in Mumbai with Several Funds/Investors (One to One/Group Meeting) and the Presentation(s) which was sent to the Stock Exchanges vide our letter bearing REF:NS:SEC dated 14th June, 2024 was shared with them. The aforesaid Conference was concluded at 1:00 p.m. IST. The aforesaid Presentation is also available on the Website of the Company at the Weblink: https://www.mahindra.com/sites/default/files/2024-06/Mahindra-Group-Investor-Day-Deck-14th-June-2024_0.pdf was shared with them. Please note that the Company has referred to publicly available documents for discussions and no unpublished price sensitive information has been shared during the aforesaid Conference.

This is further to our letters bearing REF:NS:SEC dated 21st February, 2025 wherein we had given you an advance intimation of the Schedule of Analyst or Institutional Investor Meeting(s) with the Company in terms of Regulation 30(6) read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. We wish to inform you that the Company today physically participated in IIFL Conference in Mumbai with Several Funds/Investors (One to One/Group Meeting) and the Presentation(s) which was sent to the Stock Exchanges vide our letter bearing REF:NS:SEC dated 14th June, 2024 was shared with them. The aforesaid Conference was concluded at 1:00 p.m. IST. The aforesaid Presentation is also available on the Website of the Company at the Weblink: https://www.mahindra.com/sites/default/files/2024-06/Mahindra-Group-Investor-Day-Deck-14th-June-2024_0.pdf was shared with them. Please note that the Company has referred to publicly available documents for discussions and no unpublished price sensitive information has been shared during the aforesaid Conference.

This is further to our letters bearing REF:NS:SEC dated 3rd February, 2025 wherein we had given you an advance intimation of the Schedule of Analyst or Institutional Investor Meeting(s) with the Company in terms of Regulation 30(6) read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. We wish to inform you that the Company today physically participated in Kotak Conference in Mumbai with Several Funds/Investors (One on One/Group Meeting) and the Presentation(s) which was sent to the Stock Exchanges vide our letter bearing REF:NS:SEC dated 14th June, 2024 was shared with them. The aforesaid Conference was concluded at 6:00 p.m. IST. The aforesaid Presentation is also available on the Website of the Company at the Weblink: https://www.mahindra.com/sites/default/files/2024-06/Mahindra-Group-Investor-Day-Deck-14th-June-2024_0.pdf was shared with them. Please note that the Company has referred to publicly available documents for discussions and no unpublished price sensitive information has been shared during the aforesaid Conference.

This is further to our letters bearing REF:NS:SEC dated 3rd February, 2025 wherein we had given you an advance intimation of the Schedule of Analyst or Institutional Investor Meeting(s) with the Company in terms of Regulation 30(6) read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. We wish to inform you that the Company today physically participated in Citi Conference in Mumbai with Several Funds/Investors (One to One/Group Meeting) and the Presentation(s) which was sent to the Stock Exchanges vide our letter bearing REF:NS:SEC dated 14th June, 2024 was shared with them. The aforesaid Conference was concluded at 1:00 p.m. IST. The aforesaid Presentation is also available on the Website of the Company at the Weblink: https://www.mahindra.com/sites/default/files/2024-06/Mahindra-Group-Investor-Day-Deck-14th-June-2024_0.pdf was shared with them. Please note that the Company has referred to publicly available documents for discussions and no unpublished price sensitive information has been shared during the aforesaid Conference

This is further to our letters bearing REF:NS:SEC dated 3rd February, 2025 wherein we had given you an advance intimation of the Schedule of Analyst or Institutional Investor Meeting(s) with the Company in terms of Regulation 30(6) read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. We wish to inform you that the Company today physically participated in Axis Capital Conference in Mumbai with Several Funds/Investors (One to One/Group Meeting) and the Presentation(s) which was sent to the Stock Exchanges vide our letter bearing REF:NS:SEC dated 14th June, 2024 was shared with them. The aforesaid Conference was concluded at 6:20 p.m. IST. The aforesaid Presentation is also available on the Website of the Company at the Weblink: https://www.mahindra.com/sites/default/files/2024-06/Mahindra-Group-Investor-Day-Deck-14th-June-2024_0.pdf was shared with them. Please note that the Company has referred to publicly available documents for discussions and no unpublished price sensitive information has been shared during the aforesaid Conference.

This is further to our letter dated 31st January, 2025, wherein we had given an advance intimation of the Analyst/ Institutional Investor Meeting in terms of Regulation 30(6) read with Para A 15 (a) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company had conducted M&M Q3 FY25 Earnings Con-Call with Several Funds/Investors/Analysts on 7th February, 2025 with respect to the Unaudited Standalone and Consolidated Financial Results of the Company for the Third Quarter and Nine Months ended 31st December, 2024 and the Presentation(s) made thereat along with the weblink of the Presentation(s) and weblink of the AV Recording of the said Earnings Call was submitted vide our letter dated 7th February, 2025. The Transcript of the aforesaid M&M Q3 FY25 Earnings Call with Several Funds/Investors/Analysts is enclosed and is also available on the Company's website and can be accessed at the following Link: https://www.mahindra.com/sites/default/files/2025-02/Transcript-M%26M-Q3F25-Analyst-Meet-7-Feb-2025-Final.pdf Please note that no unpublished price sensitive information was shared/discussed in the aforesaid Earnings Call. Kindly take the same on record and acknowledge receipt.

This is further to our letters bearing REF:NS:SEC dated 3rd February, 2025 wherein we had given you an advance intimation of the Schedule of Analyst or Institutional Investor Meeting(s) with the Company in terms of Regulation 30(6) read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. We wish to inform you that the Company today physically participated in Nuvama Conference - Keynote Address in Mumbai with Several Funds/Investors (One to One/ Group Meeting) and the Presentation(s) which was sent to the Stock Exchanges vide our letter bearing REF:NS:SEC dated 14th June, 2024 was shared with them. The aforesaid Conference was concluded at 5:00 p.m. IST. The aforesaid Presentation is also available on the Website of the Company at the Weblink: https://www.mahindra.com/sites/default/files/2024-06/Mahindra-Group-Investor-Day-Deck-14th-June-2024_0.pdf Please note that the Company has referred to publicly available documents for discussions and no unpublished price sensitive information has been shared during the aforesaid Conference.

This is further to our letters dated 31st January, 2025, wherein we had given an advance intimation of the Analyst / Institutional Investor Meeting in terms of Regulation 30(6) read with Para A (15) (a) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and 7th February, 2025 wherein we had submitted the Presentation proposed to be made at the Analyst / Institutional Investor Meeting held today. We wish to inform you that the Company today conducted M&M Q3FY25 Earnings call with Several Funds/ Investors /Analysts in hybrid mode in Mumbai with respect to the Unaudited Standalone and Consolidated Financial Results of the Company for the Third Quarter and Nine Months ended 31st December, 2024, and the Presentation(s) which were made to them are attached herewith for your records. The same is also being uploaded on the Company's website and can be accessed at the following Link: https://www.mahindra.com/sites/default/files/2025-02/M%26M-Q3F25-Analyst-Meet-Presentations-Deck--7-Feb-2025.pdf Further, the AV Recording of the aforesaid Earnings Call with Several Funds/Investors/ Analysts is available on the Company's website and can be accessed at the following Link: https://www.mahindra.com/investor-relations/reports INVESTOR RELATIONS section in the 2024-25 filter under EARNINGS UPDATE nomenclature with link: https://youtu.be/93pvoXy2vq8. Please note the aforesaid Earnings Call commenced at 4.00 p.m. (IST) and concluded at 5.00 p.m. (IST). Please note that the Company has referred to publicly available documents for discussions and no UPSI has been shared during the aforesaid Earnings Call.

This is further to our letter dated 31st January, 2025, wherein we had given an advance intimation of the Analyst / Institutional Investor Meeting scheduled to be held today i.e. Friday, 7th February, 2025 at 4 p.m. (IST), in terms of Regulation 30(6) read with Para A (15) (a) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. We are enclosing a presentation to be made at the Analyst / Institutional Investor Meeting today. Please note that no unpublished price sensitive information is proposed to be shared by the Company during the aforesaid Analyst / Institutional Investor Meeting. This intimation is also being uploaded on the Company's website at http://www.mahindra.com

This is further to our letters bearing REF:NS:SEC dated 5th November, 2024 wherein we had given you an advance intimation of the Schedule of Analyst or Institutional Investor Meeting(s) with the Company in terms of Regulation 30(6) read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. We wish to inform you that the Company today physically participated in CITIC CLSA Conference - Keynote in Mumbai with Several Funds/Investors (One to One and Group Meet) and the Presentation(s) which was sent to the Stock Exchanges vide our letter bearing REF:NS:SEC dated 14th June, 2024 was shared with them. The aforesaid Conference was concluded at 2:00 p.m. IST. The aforesaid Presentation is also available on the Website of the Company at the Weblink: https://www.mahindra.com/sites/default/files/2024-06/Mahindra-Group-Investor-Day-Deck-14th-June-2024_0.pdf Please note that the Company has referred to publicly available documents for discussions and no unpublished price sensitive information has been shared during the aforesaid Conference.