Upgrade and affirmation of Credit Rating - JSW Energy (Utkal) Limited

Energy Limited Regd. Office: JSW Centre, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051, CIN: L74999MH1994PLC077041 Phone: 022-4286 1000 Fax: 022-4286 3000 Website: www.jsw.in SEC / JSWEL 23rd July 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra-Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 533148 Symbol: JSWENERGY – EQ Sub: Upgrade and affirmation of Credit Rating – JSW Energy (Utkal) Limited Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Madam / Sir, We wish to inform you that India Ratings and Research (Ind-Ra), vide release dated 22nd July 2026, has affirmed the rating of “IND AA(CE)/Stable/IND A1+” for the bank loan facilities of JSW Energy (Utkal) Limited, a subsidiary of the Company. Further, the unsupported rating is upgraded to ‘IND AA-/Stable/IND A1+’. The Press Release in this regard is available on their website at www.indiaratings.co.in. Yours faithfully, For JSW Energy Limited Monica Chopra Company Secretary Part of O.P. Jindal Group