Shareholders meeting

Ref: JSWSL:SEC: Mum:2026-27/07/21 July 24, 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 Sub: Proceedings of the 32nd Annual General Meeting of JSW Steel Limited held on Friday, July 24, 2026 Dear Sir / Madam, Pursuant to Regulation 30 read with Para A (13) of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby inform you that the 32nd Annual General Meeting (“AGM”) of the members of JSW Steel Limited (“the Company”), was held on Friday, July 24, 2026, at 11:00 A.M. IST, through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”) and concluded at 12:43 P.M. IST (including the time allowed for e-voting at AGM). Mr. Manoj Prasad Singh, Company Secretary (in the interim capacity), on behalf of the Company, extended a warm welcome to the Shareholders, Members of the Board, Representatives of Bodies Corporate & Institutional Investors, Foreign Collaborators, Joint Venture Partners, Auditors of the Company and Employees joining in from various parts of the country. He also introduced to the members, the Directors present on the dais and other Directors present in the virtual meeting through Video Conferencing, from India, Japan, Germany, and UK. He informed that the CFO, the Auditors of the Company, the Scrutiniser and the Chairpersons of the Audit Committee, the Nomination & Remuneration Committee and the Stakeholders Relationship Committee were present in the Meeting. He further informed the members that the Board of Directors has appointed Mr. Nilesh Shah, Practicing Company Secretary, as the Scrutiniser to scrutinise the voting process on all resolutions proposed in the Notice of the Meeting in a fair and transparent manner, as stipulated under the Companies (Management & Administration) Rules, 2014. Mr. Manoj also apprised the Members that in compliance with the provisions of Section 108 of the Companies Act, 2013 and the Companies (Management and Administration) Rules, 2014, as amended and Regulation 44 of the SEBI Listing Regulations, all shareholders as on the cut-off date ,i.e., July 17, 2026, were provided with the facility to cast their vote electronically through the e-voting services provided by KFIN Technologies Limited on all resolutions set forth in the Notice of the Annual General Meeting. He further informed the Members that the e-voting portal remained open for remote e- voting from 9.00 a.m. on Tuesday, July 21, 2026 to 5.00 p.m. on Thursday, July 23, 2026, and was disabled by KFIN Technologies Limited for voting thereafter. He then informed that the facility for voting through electronic voting system or Insta Poll was open at the AGM for Members who are present in the meeting and who did not cast their vote earlier. He requested the members who have already cast their vote by remote e-voting not to cast their vote again as their vote will be treated as invalid and that the voting through Insta Poll would close 15 minutes after the close of all business. He further informed the Members that the outcome of the voting will be the cumulative count of the valid votes cast electronically and through Insta Poll. The members were informed that the consolidated item-wise results of the voting and the Report of the Scrutinizer will be placed by the Company on its website: www.jsw.in and on the website of KFIN Technologies Limited, within two working days of the conclusion of the AGM and will also be communicated to the Stock Exchanges on which the securities of the Company are listed. The Company Secretary then requested the Chairman to take over the proceedings. Mr. Sajjan Jindal, Chairman of the Meeting, on behalf of the Company, extended a warm welcome to the Members attending the 32nd AGM of the Company, which was being held through Video conferencing, without the physical presence of the Members at a common venue, as per the provisions of the Companies Act, 2013, the SEBI Listing Regulations and the Circulars issued by the Ministry of Corporate Affairs. He also welcomed the new Director on the Board i.e. Mr. Dev Bajpai, who has been appointed on the Board as Independent Director with effect from July 2, 2026. He also placed on record the Board’s appreciation for the valuable contribution made by Mr. Seturaman Mahalingam who completed his distinguished tenure of ten years as an Independent Director of the Company on July 20, 2026. The requisite quorum being present, the Chairman called the meeting to order. The Notice dated July 01, 2026, convening this Annual General Meeting and a Copy of the Integrated Annual Report for the Financial Year ended March 31, 2026, having been already circulated electronically to the Members of the Company on July 02, 2026 were taken as read. The Chairman then delivered his formal address covering economy, steel industry, the performance of the Company during the FY 2025-26 and future plans of the Company. The Chairman then invited the Members to express their views, ask questions and seek clarifications relating to the accounts or any other item of business laid out in the Notice of the AGM. Thereafter, the Chairman and Managing Director responded to the queries raised and clarifications sought by the Members. Post the Q&A session, the Chairman on behalf of the Board of Directors, thanked all the shareholders for taking time to attend the meeting. He then declared the meeting as closed subject to voting on the following items of Business transacted at the aforesaid meeting by way of Insta Poll. Resolution Details of the Resolution Ordinary/Special No. Resolution Ordinary Business: 1 To receive, consider and adopt the Audited Ordinary Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon and the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Report of the Auditors thereon. 2 To declare dividend on the equity shares of Ordinary the Company for the financial year ended March 31, 2026. 3 To appoint Mr. Sajjan Jindal (DIN: Ordinary 00017762), who retires by rotation as a Director and being eligible, offers himself for re-appointment. Resolution Details of the Resolution Ordinary/Special No. Resolution Special Business: 4 Ratification of Remuneration Payable to Ordinary M/s. Shome & Banerjee, Cost Auditors of the Company for the financial year ending March 31, 2027. 5 Re-appointment of Ms. Fiona Jane Mary Special Paulus (DIN: 09618098) as an Independent Director of the Company. 6 Appointment of Mr. Devopam Bajpai (DIN: Special 00050516) as an Independent Director of the Company. 7 Consent for issue of specified securities to Special Qualified Institutional Buyers. 8 Approval for undertaking material related Ordinary party transaction(s) of the Company with JSW JFE Steel Limited (formerly known as JSW Sambalpur Steel Limited), a joint venture of the Company 9 Approval for undertaking material related Ordinary party transaction(s) between JSW Steel Global Trade Pte. Limited, a wholly owned subsidiary of the Company and JSW JFE Steel Limited (formerly known as JSW Sambalpur Steel Limited), a joint venture of the Company. This is for the information of your members, and all concerned. Thanking you, Yours faithfully, For JSW STEEL LIMITED Manoj Prasad Singh Company Secretary (in the interim capacity)