Analysts/Institutional Investor Meet/Con. Call Updates

Godrej Consumer Products Limited Godrej One, 4th Floor, Pirojshanagar, Eastern Express Highway, Vikhroli (E), Mumbai – 400 079, India Tel.: +91-22-2518 8010/ 8020/ 8030 Fax.: +91-22-2518 8040/ 8065/ 8069 Website: www.godrejcp.com CIN: L24246MH2000PLC129806 September 7, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, Bandra-Kurla Complex, Fort, Mumbai - 400 001 Mumbai 400 051 Scrip Code: 532424 Symbol: GODREJCP Subject: Transcript of Conference Call with Investors and Analysts held on September 2, 2026 Dear Sir / Madam, We refer to our letter dated August 27, 2026, informing about the schedule of the Conference Call - Institutional Investors and Financial Analysts Meet to be held on September 2, 2026. Kindly note that pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the transcript of the aforesaid Meet has been hosted on the website of the Company and the same can be accessed at the following link: https://www.godrejcp.com/investors/compliance-and-corporate-governance/stock-exchange- filings Kindly take the same on record. Thanking you, Yours faithfully, For Godrej Consumer Products Limited Tejal Jariwala Company Secretary & Compliance Officer (FCS9817) Encl: As above Godrej Consumer Products Limited Business Update Conference Call September 02, 2026 MANAGEMENT: MR. AASIF MALBARI – MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER – GODREJ CONSUMER PRODUCTS LIMITED MR. VISHAL KEDIA – INTERIM CHIEF FINANCIAL OFFICER – GODREJ CONSUMER PRODUCTS LIMITED Page 1 of 24 Moderator: Ladies and gentlemen, good day and welcome to the Godrej Consumer Products Limited Business Update Conference Call. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Please note that this conference is being recorded. I now hand the conference over to Mr. Vishal Kedia, Interim Chief Financial Officer. Thank you and over to you, sir. Vishal Kedia: Good evening to all. We welcome you to the conference call for Godrej Consumer Products Limited. We have on the call Aasif Malbari, MD and CEO, and myself, Vishal Kedia, Interim CFO. We will start with a presentation by Aasif, where he will take you through his thoughts of the business going forward. Post this, we will open the floor for questions. We will also have a menti link in the beginning of the presentation for participants to share their questions throughout the presentation. We will take these questions after the presentation is over. Now, I hand over to Aasif. Aasif Malbari: Thanks, Vishal. Thanks, all, for joining in. It is a pleasure to connect with you all today. In case you all are wondering what is the t-shirt, which I'm wearing? We currently have our launch for Godrej Rizz, which is currently on. The launch conference is on, so I was with the team. For you all to know, we are launching Godrej Rizz in Maharashtra starting today. It is a wonderful mix. MRP of INR79. A product which beats most of the products in the market on grease cutting, viscosity, and fragrance. So, for people who are based in Maharashtra, in a few days, you should be able to see and get the product in your neighbourhood stores. That is a little bit of good news to start off with. Again, that is how the last three weeks have been. I mean, fundamentally, I would have done this call with you all earlier on. It has been three weeks since we made the shift and I got appointed in this position. The thought in terms of where are we pivoting the strategy, where are we doubling up, where are we kind of changing course, we would have been able to come to you all way before. But it has been business as usual on many fronts, and we also had our new factory opening last week, for which one I was traveling. Just to kind of outline this a little bit more. The announcement or the appointment came on Tuesday. The next three days, we had a global MC, where we looked at a very detailed, elaborate discussion. Where is it that we are doing well? Where is it that we are pacing down, and what are the interventions which we needed to do at a global level? Post that, we have had multiple engagements within the organization, made the deep dive, and the leadership team, the rest of the organization are fully engaged to take the year plans and the long-range planning agenda forward. So, we are in a business-as-usual mode on one side, while re-hammering and refreshing our longer-range plans. What I'm going to do today is spend a few minutes actually talking through how the last few years have been and the learnings from there in terms of what we have done well so that we can double up on that, where do we believe we haven't hit the ball out of the park Page 2 of 24 and there is a scope to improve so that we can titrate the plans on that, and then give you a flavour of what the thinking going forward is. A standard disclaimer. The Menti link, which Vishal mentioned, we will have both the options to post something here, at the same time, to kind of ask questions towards the end. Okay, just starting off as to why did I join GCPL? It is a simple, I would say, two-point which kind of came to my mind about joining GCPL. First is because it was part of the Godrej Group. It offered an opportunity which was unique. And after I came in, I realized that one is getting the best of both, strong, strong values, legacy of being part of Godrej; at the same time, an aspiration to be an outperformer. And that -- in I would say, my career journey, both of these have been equally important to kind of work in an organization which has the highest standards of value. Coincidentally, just as a fun fact, I mean, it was great when I saw this letter from Mahatma Gandhi. I also share his birthday. So there is a little bit of an extra emotional connect to this letter. When it comes to being an outperformer, to me, an outperformer is something which I have been obsessed with in all organizations, all teams which I have worked with. And here, I saw an opportunity and a vision which were painted to kind of get there. And being an outperformer is a binary thing. I mean, there is either you are an outperformer or not, there is nothing like almost there. And hence, we keep asking ourselves, are we kind of there? If not, what do we need to get to being there? And I'll make an attempt to kind of answer that today in terms of our thinking to actually live that dream, to ensure that GCPL becomes actually a sustained outperformer, where it's pretty much clear that we have kind of gone there. In terms of the time which I've spent in GCPL, I think three things -- sorry for the -- three things have been on the plate. I think first has been to kind of ensure that we build the right financial guardrails. We have taken a good shot at ensuring that we get sharper on capital allocation. We moved into a rhythm of dividend payout every quarter, and we've got the health of the business, both from a P&L perspective and the balance sheet, much stronger. In terms of Africa, I think we have touched upon it in the past. I think the numbers talk for themselves. I'm not going to kind of speak about it. We've got a structurally reset in the continent. And the third one is about co-crafting the strategy. Have spent a lot of time in the last three years working with the leaders in terms of seeing what is it that we can do structurally, what is it that is solved for us where we should double up our effort, what is it that is an unsolved problem which we should work to solve for. And we've also kind of worked with multiple people to ensure that the actions to convert the strategy into reality start falling in place. So, I think these have been the three pieces of effort, pretty much an equal allocation of time which has gone in. And looking forward to now ensuring that [Showing first 8,000 characters — download PDF for full document]