Press Release

JSWSL: MUM: SEC: SE: 2026-27/07/11 July 09, 2026 1. National Stock Exchange of India Ltd. 2. BSE Limited Exchange Plaza, Plot No. C/1, G Block Corporate Relationship Dept. Bandra – Kurla Complex Phiroze Jeejeebhoy Towers Bandra (E), Mumbai – 400 051 Dalal Street, Mumbai – 400 001. NSE Symbol: JSWSTEEL Scrip Code No.500228 Kind Attn.: Listing Department Kind Attn.: Listing Department Dear Sir/ Madam, Sub JSW Steel reports Consolidated Crude Steel Production of 6.59 million Tonnes for Q1 FY27 Enclosed herewith is a press release dated July 09, 2026 on the above subject. This is for your information and in compliance with applicable Regulation of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Thanking you, Yours faithfully, For JSW Steel Limited Manoj Prasad Singh Company Secretary (in the interim capacity) PRESS RELEASE 09.07.2026 JSW Steel reports Consolidated Crude Steel Production of 6.59 million Tonnes for Q1 FY27 JSW Steel reported consolidated Crude Steel production for the first quarter of FY 2026-27 at 6.59 million tonnes. The break-up of production is as below: (MnT) Particulars Q1 FY27 *Q4 FY26 *Q1 FY26 QoQ YoY Indian Operations 6.35 6.32 6.14 0.3% 3% JSW Steel USA - Ohio 0.24 0.15 0.24 Consolidated Production 6.59 6.48 6.38 2% 3% * The steel business undertaking of Bhushan Power and Steel Limited (BPSL), a subsidiary of the Company, was transferred on a slump‑sale basis to JSW-JFE Steel Limited (a JV company) in March 2026. The production figures relating to the transferred undertaking have been reduced from previous year’s numbers for comparison. Blast Furnace 3 (BF3) of Vijayanagar, was under shutdown for upgradation of capacity, started hot-metal production from 23rd June 2026. The Crude steel production growth for the quarter remained at 3% YoY, mainly due to the BF3 shutdown. Excluding BF3 production impact from last year’s base, Q1 FY27 volumes grew ~15% YoY, driven by full ramp-up of JVML operations and improved utilisation at Dolvi Unit. The capacity utilisation for Indian operations for Q1 FY27 (excluding BF3 capacity under shutdown) was at ~94%. About JSW Steel: • JSW Steel is the flagship business of the diversified, US$ 25 billion JSW Group. As one of India’s leading business houses, JSW Group also has interests in energy, infrastructure, cement, paints, realty, e-platforms, mobility, defence, sports, and venture capital. • Over the last three decades, JSW Steel has grown from a single manufacturing unit to become India's leading integrated steel company with combined crude steel capacity of 37.9 MTPA including 4.5 MTPA through the JSW JFE Steel JV. Its next phase of growth will take combined capacity to 54.8 MTPA over the next four years. The Company's plant in Vijayanagar, Karnataka is the largest single-location steel-producing facility in India with current capacity of 19.5 MTPA, and is being expanded to ~25 MTPA by FY30, which would make it the world's largest steel plant. • JSW Steel has always been at the forefront of research and innovation. It has a strategic collaboration with JFE Steel of Japan, enabling JSW to access new and state-of-the-art technologies to produce and offer high-value special steel products to its customers. These products are extensively used across industries and applications including construction, infrastructure, automobile, electrical applications, and appliances. • JSW Steel is widely recognized for its excellence in business and sustainability practices. Some of these recognitions include WorldSteel's Steel Sustainability Champion (consecutively for 8 years from 2019 to 2026), Deming Prize for TQM for its facilities at Vijayanagar (2018), and Salem (2019). It is a constituent of FTSE4Good Index and the Dow Jones World and Emerging Markets Sustainability Indices (DJSI 2025), and ranked #1 globally in the steel sector in the S&P Global Corporate Sustainability Assessment (CSA 2025). • JSW Steel’s 4 operations are now Responsible Steel Certified and more than 80% of domestic crude steel production is are covered under the Responsible SteelTM Certified Sites. • JSW Steel’s Sustainable Energy Environment & Decarbonisation (SEED) project was awarded the Energy Transition Changemakers recognition at COP28. • JSW Steel is ranked 6th among the top 34 world-class steelmakers, according to the ‘World- Class Steelmaker Rankings’ by World Steel Dynamics (WSD) as of December 2025. • As a responsible corporate citizen, JSW Steel’s CO emission reduction goals are aligned with India’s Climate Change commitments under the Paris Accord. • JSW Steel aims to reduce its CO emissions by 42% from its steel-making operations by 2030 and has committed to achieve net neutral in carbon emission for all operations under its direct control by 2050. • Sustainability targets include achieving no net-loss in biodiversity at the operating sites by 2030, substantially improving air quality, reducing water consumption in all operations and maintaining Zero Liquid Discharge. • JSW Steel has emerged as an organisation with a strong work culture foundation. It is certified by Great Places to Work (2021, 2022 and 2023) as well as ranked as one of the Best Employers among Nation Builders (2023 and 2024) and one of India’s best workplaces in Health & Wellness (2023). Forward Looking and Cautionary Statements: Certain statements in this release concerning our future growth prospects are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition within Steel Industry including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our internal operations, reduced demand for steel, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which – has made strategic investments, withdrawal of fiscal governmental incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company. For media inquiries, please contact: media.queries@jsw.in