Please find attached herewith Investor Presentation for the quarter and half year ended 30th September 2026

Execution with Pace & Comfort October 19, 2026 To To The Manager The Manager BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1 Block G, Dalal Street, Fort, Bandra - Kurla Complex, Bandra (East) Mumbai-400001 Mumbai - 400 051 Scrip Code: 534618 Scrip Symbol: WAAREERTL Sub.: Investors / Earnings Presentation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir / Madam, With reference to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Investors/ Earnings Presentation for the Quarter and Half year ended September 30, 2026. The Company will use this presentation for any meeting scheduled with analysts or institutional investors. The above information will also be available on the website of the Company at www.waareertl.com Request to kindly take this intimation on record. Thanking you, Yours faithfully, For Waaree Renewable Technologies Limited Heema Shah Company Secretary ACS 52919 Email Id: info@waareertl.com Waaree Renewable Technologies Limited (A subsidiary of Waaree Energies Limited) 504, Western Edge-1, Off. Western Express Highway, Tel.: +91 22 6644 4444 CIN : L93000MH1999PLC120470 Borivali (E), Mumbai 400 066. Maharashtra INDIA E : info@waareertl.com GST: 27AADCS 1824J2ZB W : www.waareertl.com Accelerating Global Energy Transition Investor Presentation | Q2 & H1 FY27 Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Waaree Renewable Technologies Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, andshallnotformthebasisorbereliedoninconnectionwithanycontractorbindingcommitmentwhatsoever.NoofferingofsecuritiesoftheCompanywillbe madeexceptbymeansofastatutoryofferingdocumentcontainingdetailed informationabouttheCompany. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representationorwarranty,expressorimplied,whatsoever,andnorelianceshallbeplacedonthetruth,accuracy,completeness,fairnessandreasonablenessof the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability inrespectofthecontentsof,oranyomissionfrom,thisPresentationisexpresslyexcluded. CertainmattersdiscussedinthisPresentationmaycontainstatementsregardingtheCompany’smarketopportunityandbusinessprospectsthatareindividually andcollectivelyforward-lookingstatements.Suchforward-lookingstatementsarenotguaranteesoffutureperformanceandaresubjecttoknownandunknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economyandoftheeconomiesofvariousinternationalmarkets,theperformanceoftheindustryinIndiaandworld-wide,competition,theCompany’sabilityto successfullyimplementitsstrategy,theCompany'sfuturelevelsofgrowthandexpansion,technologicalimplementation,changesandadvancements,changesin revenue,incomeorcashflows,theCompany'smarket preferencesanditsexposuretomarketrisks,aswellasother risks.The Company'sactualresults,levelsof activity, performance orachievements coulddiffer materiallyandadverselyfrom resultsexpressedinor impliedby this Presentation. The Companyassumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties includedinthisPresentationarenotadoptedbytheCompanyandtheCompanyisnotresponsibleforsuchthird-party statementsandprojections. All Maps used in the Presentation are not to scale. All data, information and maps are provided "as is" without warranty or any representation of accuracy, timelinessorcompleteness. INDEX Waaree Group at a Glance Energy Transition Opportunity WRTL Overview & Capabilities Strategy & Outlook Associated Power Structures Financial Performance & metrics Leadership (APSPL) Waaree Group at a Glance India’s Emerging Fully Integrated Energy Transition Player Vertically Integrated Operations MANUFACTURING CAPACITY 36 25 #1 Years Industry experience Countries exported to1 Indian module manufacturer1 Module1 5.4 Gold CARE AA-, Stable ₹~61.5k GW Cr Cell1 EcoVadissustainability rating1 Credit rating1 Order book1 Inverter1 27 2,500+ | 600+ 90% Pin codes States1 ASP | Franchises1 Expanding Across India 1; For Waaree Energies Ltd. as of Q1FY27; ASP = AuthorisedService Partner Integrated Group Offerings MANUFACTURING SERVICES PRODUCTS PV Module and Cell EPC Services (Module | BESS | T&D) Solar Kits Inverter Ground-Mounted Water Pumps Transformer Rooftop Solutions Streetlights Green Hydrogen | Electrolyser Floating Solar Smart Solutions BESS Solution O&M Services Substation (AIS & GIS) Smart Meter Energy Transition A Multi-Decade Growth Opportunity Energy Transition Government Targets to Achieve Solar Power Global Projected Annual Solar PV Capacity Additions, GW RE –Projected Installed Capacity India, GW Capacity of ~280GW from 150GW in FY26 For setting up of 450 GW RE + 19 GW PSP and 42 GW BESS Installed Capacity (GW) 17% 280 to necessitate incremental debt of ~Rs 14 lakh crore 540 558 574 500 Fossil RE+Hydro 450 400 150 246 254279 262 262 276 82 106 CY26P CY27P CY28P CY29P CY30P FY23 (A) FY 27 FY 30 (I) FY30(II) CEA (E) FY17 FY18 FY20 FY22 FY24 FY25 FY26 2030E Solar Capacity Additions in India, GW Break-up of the Total Installed Capacity, India –FY25 vs FY30E FY25 FY30E 52-54 50-52 45-47 46-48 48-50 10% Solar 3%3% Solar 45 Wind 2% Wind Large Hydro Large Hydro 27 47% Coal 35% 38% Coal 22% Oil & Gas Oil & Gas 4% Nuclear Nuclear 2% Other RE 8% 11% Other RE FY25 FY26 FY27P FY28P FY29P FY30P FY31P Source: Crisil Intelligence, Energy Storage Care EDGE Report; MNRE; pib.gov.in Supportive Government Policies Fueling Growth Battery Energy Storage requirement (GWh) T&D market oppurtunity Key initiatives by GOI for development of solar energy/capacity Rs. ~4.9 Lakh Cr estimated Capex during 2027-32 Solar Likely Addition during 2027-32 By 2031-32 • PM Surya Ghar MuftBijli Yojana:₹ 75,021 cr; 1 crore rooftop homes by Mar 236 2027 (50.6 Lakh done) Transmission • Solar Park:55 Solar Parks with ~40 GW sanctioned capacity have been 47%p.a. Lines (ckm) 76,787 6,48,190 approved across 13 states, supporting large-scale solar capacity addition • PM Surya Sarovar Yojana: Outlay of ₹5,070 crore; 5 GW of floating solar Substation 4,97,855 23,45,135 projects with co-located ESS (min. 2 hrs) (MVA) 35 Wind HVDC (MW) 32,250 66,750 • Wind Target: 100 GW by 2030 2027E 2032E • Offshore wind momentum:₹6,853 crore VGF approved for 1 GW projects, ₹500 crore GBI disbursed in FY26, and a 500 MW CfD-based pilot • ALMM(Wind) extending to wind: Turbines and components covered since State Wise Solar Parks as on June 2026(MW) July 2025 • Repowering & Life Extension Policy: ~25.4 GW of ageing capacity eligible Sanctioned Capacity Capacity Commissioned BESS 12,850 11,805 • GEC-III & BESS: ₹50,000 crore allocated for 50 GWh of BESS • VGF Scheme PSDF*: ~43 GWh of BESS, launched in March 2024 and June 2025 • ISTS^ Waiver:ISTS charges waiver for co-located BESS projects commenced till 6,960 June’28 for 12 yrs 5,089 4,530 4,300 3,740 2,608 3,050 2,0002,000 T&D 1,150 1,317 430 200 0 415 225 • National Electricity Plan (Transmission): ~4.9 lakh crcapex planned through Gujarat Rajasthan Madhya Pradesh Andhra Pradesh Uttar Pradesh Karnataka Maharashtra Jharkhand Others FY2027-32 • GEC III^ : Evacuating ~135 GW REacross states; ₹ 1,36,378 crfor development of Inter State Transmissions Systems Source:; CEA; MNRE; MoPStatus report; pib.gov.in; *PSDF: Power System Development Fund; ^ Green Energy Corridor Waaree Renewable Technologies Ltd. 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