Mahindra & Mahindra Ltd. Conference Calls and Earnings Call Transcripts

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 JM Financial Conference 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Please note that the Company has referred to publicly available documents for discussions and no unpublished price sensitive information has been shared during the aforesaid Conference.

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 Address in Mumbai with Several Funds/Investors (Group Meet). The aforesaid Conference/Keynote Address was concluded at 11:00 a.m. IST. Please note that the Company has referred to publicly available documents for discussions and no unpublished price sensitive information has been shared during the aforesaid Conference/Keynote Address.

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 Avendus Spark Investor Conference 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 7th November, 2024 was shared with them. The aforesaid Conference was concluded at 1:20 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/2024-11/MandM_Q2F25_Analyst_Meet-Presentations_deck-7th_Nov_2024.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 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 UBS Investor Conference 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 7th November, 2024 was shared with them. The aforesaid Conference was concluded at 5:20 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/2024-11/MandM_Q2F25_Analyst_Meet-Presentations_deck-7th_Nov_2024.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 letter dated 28th October, 2024, wherein we had given you an advance intimation of the upcoming Analyst or Institutional Investor Meeting in terms of Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company had conducted M&M Q2 & H1 FY25 Earnings Con-Call with Several Funds/ Investors/Analysts (Group Meet) on 7th November, 2024 with respect to the Unaudited Standalone and Consolidated Financial Results of the Company for the Second Quarter and Half year ended on 30th September, 2024 in Mumbai and the Presentation(s) made there at 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 November, 2024. The Transcript of the aforesaid M&M Q2 & H1 FY25 Earnings Call with Several Funds/ Investors/Analysts is enclosed and is also available on the Company's website and can be accessed at: https://www.mahindra.com/sites/default/files/2024-11/Transcript-M-and-M-Q2F25-Analyst-Meet-7th_Nov_2024%20Final.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 Earnings Call.

This is further to our letter dated 28th October, 2024, wherein we had given you an advance intimation of the upcoming Analyst or Institutional Investor Meeting in terms of Regulation 30(6) read with Para A 15 (b) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. We wish to inform you that the Company today conducted M&M Q2 & H1 FY25 Earnings Con-Call with Several Funds/Investors/Analysts (Group Meet) in hybrid mode with respect to the Unaudited Standalone and Consolidated Financial Results of the Company for the Second Quarter and Half year ended 30th September, 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/2024-11/MandM_Q2F25_Analyst_Meet-Presentations_deck-7th_Nov_2024.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: https://www.mahindra.com/investor-relations/reports INVESTOR RELATIONS section in the 2024-25 filter under EARNINGS UPDATE nomenclature with link https://youtu.be/kWeI2-CKFmw. Please note the aforesaid Earnings Con-Call commenced at 03.00 p.m. (IST) and concluded at 04.00 p.m. (IST). 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 Earnings Call. Kindly take the same on record and acknowledge receipt

This is further to our letters bearing REF:NS:SEC dated 23rd September, 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 DAM Capital Conference - Keynote Address in Mumbai with Several Funds/Investors 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 11:30 a.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 bearing REF:NS:SEC dated 27th August, 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 and REF:NS:SEC dated 28th August, 2024 wherein we had given revised Schedule of Analyst or Institutional Investor Meeting(s) with the Company with a slight change in the venue. We wish to inform you that the Company today physically participated in JP Morgan Investor Conference in Mumbai with Several Funds/Investors and the Presentation(s) which was sent to the Stock Exchanges vide our letter bearing REF:NS:SEC dated 23rd 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/2024-06/240614-Investor-Day-Presentation-MnM-Format.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 bearing REF:NS:SEC dated 27th August, 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 and REF:NS:SEC dated 28th August, 2024 wherein we had given revised Schedule of Analyst or Institutional Investor Meeting(s) with the Company with a slight change in the venue. We wish to inform you that the Company today physically participated in Jefferies Investor Conference in Gurgaon with Several Funds/Investors and the Presentation(s) which was sent to the Stock Exchanges vide our letter bearing REF:NS:SEC dated 23rd 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/2024-06/240614-Investor-Day-Presentation-MnM-Format.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 bearing REF:NS:SEC dated 5th September, 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 Goldman Sachs Conference - Keynote Address in Mumbai with Several Funds/Investors. The aforesaid Conference was concluded at 11:15 a.m. IST. 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/ Keynote Address.