Investor Presentation

September 17, 2026 The Secretary The Manager G E Vernova T&D India Limited BSE Limited Listing Department (Formerly known as GE T&D India Limited) Phiroze Jeejeebhoy Towers, National Stock Exchange of India Ltd. L31102DL1957PLC193993 Dalal Street Exchange Plaza, Bandra Kurla Complex, Corporate Office: T-5 & T-6, Plot 1-14, Axis Mumbai-400 001 Bandra (East) House, Jaypee Wishtown, Sector-128, Noida- Mumbai-400 051 201304, Uttar Pradesh T +91 120 5021500 Code No. 522275 Symbol: GVT&D F +91 120 5021501 Email id: secretarial.compliance@gevernova.com Website: https://www.gevernova.com/regions/in/ge-td- Dear Sir/Madam, india-limited Sub: Investor Presentation This is further to our letter dated September 16, 2026, intimating the schedule of meetings with Investors/Analysts. In this regard, please find attached the investor presentation to be discussed during the meetings. This is for your information and records. For GE Vernova T&D India Limited (Formerly known as GE T&D India Limited) Shweta Mehta Company Secretary & Compliance Officer Membership No: A-18600 Contact No.: +91-120-5021500 Regd. Office: A-18, First Floor, FIEE Complex Okhla Industrial Area Phase II, New Delhi – 110020 (India). Tel.: +91-11- 41610660 INVESTOR MEE- 2TI0N2G6 GE VERNOVA T&D INDIA LTD 21st - 23 rd September 2026 - Mumbai © 2026 GE Vernova and/or its affiliates. All rights reserved. DISCLAIMER This presentation has been prepared solely for the use at analyst/ investor presentation. By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations - • The forward -looking information and statements can generally be identified by the fact that they do not relate only to historica l or current facts. Forward -looking statements sometimes use terminology such as “targets”, “believes”, “expects”, “aims”, “assumes”, “intends”, “pl ans”, “seeks”, “will”, “may”, “anticipates”, “would”, “could”, “continues”, “estimate”, “milestone” or other words of similar meaning and similar ex pressions or the negatives thereof. GE Vernova T&D India Limited cannot give assurance to the correctness of such information and statements. • By their nature, forward -looking information and statements involve known and unknown risks, uncertainties and other important f actors that could cause the actual results, performance or achievements of the Company to differ materially from any future results, performanc e o r achievements that may be expressed or implied by the forward -looking information and statements in this presentation. Should one or more of t hese risks or uncertainties materialize, or should any underlying assumptions prove to be incorrect, the Company's actual financial conditi on or results of operations could differ materially from that or those described herein as anticipated, believed, estimated or expected • Given the aforementioned uncertainties, prospective or present investors are cautioned not to place undue reliance on any of these forward - looking statements • No part of this presentation, nor the fact of its distribution, should form the basis of, or be relied on in connection with, any contract or commitment or investments decision whatsoever. Investor/prospective advisors must be sought on specific situation from well -informed legal, investment, tax, financial, and management professionals • This presentation and its contents are confidential and must not be distributed, published or reproduced. This presentation d oes not constitute a recommendation regarding the securities of the Company. © 2026 GE Vernova and/or its affiliates. All rights reserved. 2 © 2026 GE Vernova and/or its affiliates. All rights reserved. Company built on pride, purpose and people Honouring Women’s Day with Creating meaningful and family, friends, and the impactful societal value broader community through CSR initiatives Promoting EHS as a top priority with active Engaging with future energy engagement with the professionals with next-gen employees at all locations technologies at our booth Developing excellence within, creating impact beyond © 2026 GE Vernova and/or its affiliates. All rights reserved. 4 Key Themes Energy super cycle… record investments fueling India's and global growth Prudent capex… strengthening manufacturing leadership to maximize shareholder returns Structural growth… driving industry-leading profitability and financial resilience Expanding horizons… through exports, innovation, and emerging opportunities © 2026 GE Vernova and/or its affiliates. All rights reserved. 5 Growing complexities generating larger opportunities MULTIPLE DEMAND FORCESINVESTMENT IN CLEAN ENERGEYLECTRIFICATION OPPORTUNITY AI/Data Center Global generation to grow Large scale power evacuation (TWh/yr) … through HVDC 1.4x Net-zero Industrialization scenario Grid stability and flexibility… through STATCOM 38K Stated policies Electrification/ Power for all 2025 2030 Grid digitization and modernization… through Asset performance management and Global investment in clean energy smart network management Electric Vehicle ($T/yr) 1.8x Substation expansion…driving 3.2 Clean energy investment transformer and switchgear Green Hydrogen 2.2 growth Fossil Fuel 2025 2030 GE Vernova’s advanced technologies serve electrification complexities © 2026 GE Vernova and/or its affiliates. All rights reserved. Source : IEA World Energy Outlook 2025, Morgan Stanley Equity Research, Statista, Bloomberg New Energy Finance 6 Renewable addition driving transmission investment in India In GW 2.8x GENERATION 2025 2030 2035 In GW 3.3x TRANSMISSION 2025 2030 2035 INVESTMENT $65B $88B Average investment/ year: >15B$ Addressable Market/ year: ~8.5B$ 2026 -30 2031 -35 Note : All the above data pertains to Renewable Energy Our electrification solutions are well -positioned to serve this growing long -cycle market © 2026 GE Vernova and/or its affiliates. All rights reserved. Source : National Electricity Plan – II, Central Electricity Authority 7 Market opportunities Growing addressable market High growth opportunities CAGR +10.6% • Emerging data center market… significant upside potential as India captures growth $10.9B $10.4B $9.3B $9.2B 1.5 • HVDC market poised to grow… 7 new projects $8.0B 0.9 0.9 2.4 expected by 2030, along with multiple STATCOM 0.6 2.8 $6.6B 2.9 2.3 opportunities per year 0.4 2.2 1.0 DATA CENTER 0.9 1.4 0.8 HVDC+STATCOM 0.7 • Rising grid complexity… leading to grid automation & DIGITAL cybersecurity demand 5.2 5.5 4.5 4.8 CONVENTIONAL MARKET • Conventional market growth… fueled by renewable 2025 2026 2027 2028 2029 2030 evacuation requirements “Digital” Includes Electrification Software & Grid Automation GE Vernova T&D India is strategically placed to win amid accelerating market opportunities © 2026 GE Vernova and/or its affiliates. All rights reserved. 8 Growing global market led by energy transition Expanding export opportunities Our reach & ambition •GIS components •OIP Bushings •HV Circuit Breakers •Instrument Transformers ~$300B •Air Core Reactors •Drives & Associated equipments +6.7% Revised 2026 estimates including higher expected + $76B investments in AI Data Center, Grid modernization, and CAGR Renewables 11.7% As per early 2025 estimates $224B $129B Current exports to 60+ countries 2025 2030 Target to add new countries in Asia, Middle East and Europe Source : IEA World Energy Outlook, Bloomberg New Energy Finance, Global Data Research Leveraging GE Vernova’s global reach and network to unlock export potential from India © 2026 GE Vernova and/or its affiliates. All rights reserved. 9 End to end solutions to meet market requirements Grid Automation & High Voltage AC High Voltage DC New Technologies Software ▪ Power Transformers (up to ▪ End-to-end HVDC ▪ Substation Automation 1200kV); 800+ units delivered capabilities (LCC & VSC tech) Systems (SAS) ▪ Compact GIS for 72.5 kV to ▪ Won 2.5GW Khavda VSC- ▪ Asset Performance 800 [Showing first 8,000 characters — download PDF for full document]