Please find attached herewith email communication sent to the shareholders on Tax Provisions on Dividend Payment.

October 23, 2026 The Secretary BSE Limited P.J. Towers, 25 t h floor Dalal Street Scrip Code: 500830 Mumbai-400001 The Manager – Listing Department National Stock Exchange of India Limited Symbol: COLPAL Exchange Plaza, C-1, Block – G Series: EQ Bandra – Kurla Complex Bandra (East), Mumbai 400 051 Dear Sir/Madam, Sub: Email Communication to shareholders on tax provisions on Dividend Payment. This is to inform you that post declaration of First Interim Dividend for the Financial Year 2026-27 by the Board of Directors of the Company at its meeting held on October 22, 2026, the Company has sent the enclosed email communication to its shareholders, whose email addresses are registered with the Company/Depositories. The said email communication pertains to tax provisions related to dividend payment. This is for the information of the Exchange and the Members. Thanking you, Yours Sincerely, For Colgate-Palmolive (India) Limited Jaikishan Shah Company Secretary and Compliance Officer Membership No: A34948 Encl: a/a COLGATE-PALMOLIVE (INDIA) LIMITED Regd. Off : Colgate Research Centre, Main Street, Hiranandani Gardens, Powai, Mumbai 400 076. CIN: L24200MH1937PLC002700 Tel: +91 22 6709 5050; Email Id: investors_grievance@colpal.com Website: https://www.colgateinvestors.co.in/ Date: October 22, 2026 Dear Shareholder, We are pleased to inform you that the Board of Directors at its Meeting held today, i.e October 22, 2026 has declared the First Interim Dividend of Rs. 24 /- (Rupees Twenty Four Only) per equity share of Re.1/- each for the Financial Year 2026-27 which will be paid on and from November 19, 2026 to those shareholders whose names appear in the Register of Members of the Company as on the Record date i.e. November 2, 2026. As you are aware that as per the Income-tax Act, 2025, dividends paid or distributed by a Company are taxable in the hands of the Shareholders. Therefore, the Company shall be required to deduct tax at source (TDS) at the time of making the payment in the following manner: For Resident Shareholders , taxes shall be deducted at source under Section 393(1) [Table: S.No.7] of the Income Tax Act, 2025 at 10% on the amount of dividend, if you have provided Permanent Account Number (PAN). As per the provisions of the Income Tax Act, 2025, in case where no PAN is provided or PAN is not linked with Aadhaar, then the tax shall be deducted at source at 20%. However, no tax shall be deducted with respect to the dividend payable to a resident individual if the total dividend to be received (which includes Second Interim Dividend for the FY 2025-26 paid on June 17, 2026 and First Interim Dividend for the FY 2026-27 payable on and from November 19, 2026) does not exceed Rs. 10,000 and to the certain categories of shareholders as specified in Section 393(4) [Table: S.No.10] of the Income-tax Act, 2025. In cases where the shareholder provides Form 121 (applicable to resident individuals/including individuals whose age is 60 years or more) and provided that all the required eligibility conditions are met, no tax will be deducted at source. For Foreign Portfolio Investor (FPI) and Foreign Institutional Investors (FIIs) category and other Non-resident Shareholders , taxes are required to be deducted in accordance with the provisions of Section 393(2) [Table Sl. No 17] read with section 207(1) [Table Sl. No. 1] of the Income tax Act, 2025, at the rates in force. Accordingly, as per the relevant provisions of section 207 of the Income tax Act, 2025, the tax shall be deducted at the rate of 20% on the amount of dividend payable to them. However, as per Section 159 of the Income tax Act, 2025, a non-resident shareholder (including FPI/FII category shareholders) has an option to be governed by the provisions of the Double Tax Avoidance Agreement (tax treaty) between India and the country of tax residence of the shareholder if, the same is more beneficial to them. For this purpose, i.e., to avail a lower rate of deduction of tax at source under an applicable tax treaty, such non-resident shareholder is required to provide the following: 1. Self-attested copy of the PAN allotted by the Indian Income Tax authorities; 2. Self-Attested copy of the Tax Residency Certificate (TRC) applicable for the period April 2026 to March 2027 obtained from the tax authorities of the country of which the shareholder is a resident and intending to claim benefit under the tax treaty between India and its country of residence. In case, the TRC is furnished in a language other than English, the said TRC would have to be translated from such other language to English language and thereafter duly notarized and apostilled copy of the TRC would have to be provided; 3. Form 41 for Tax Year (TY) 2026-27 furnished electronically on the e-filing portal of the shareholder. 4. Self-declaration (attached herewith) by the non-resident shareholder as to: ● Eligibility to claim tax treaty benefits based on the tax residential status of the shareholder, including having regard to the Principal Purpose Test (if any), introduced in the applicable tax treaty with India; ● No Permanent Establishment / fixed base in India in accordance with the applicable tax treaty; ● Shareholder being the beneficial owner of the dividend income to be received on the equity shares. 5. In case of shareholders being tax resident of Singapore, please furnish the letter issued by the competent authority or any other evidence demonstrating the non applicability of Article 24 - Limitation of Relief under India-Singapore Double Taxation Avoidance Agreement (DTAA). Kindly note that the aforementioned documents are required to be submitted to our Registrars & Transfer Agents, MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) at the dedicated link mentioned below https://web.in.mpms.mufg.com/formsreg/submission-of-Form-121-41.html on or before November 2, 2026 - 05:00 PM IST in order to enable the Company to determine and deduct appropriate TDS/withholding tax rate. The First Interim Dividend will be paid after deduction of tax at source as determined on the basis of the aforementioned documents provided by the respective shareholders as applicable to them and being found to be satisfactory. Tax once deducted will not be refunded or adjusted against future payment. Decision of Company on applicable TDS rate based on its review of documents will be final. Further, shareholders will be allowed only once to submit their documents. The rate at which taxes are to be deducted at source based on the category of shareholders are mentioned hereunder: Shareholder Category Rate of TDS Resident Shareholders Shareholders providing Form 121 Nil If total Dividend paid during TY 2026-27 is Nil up to Rs. 10,000 If total Dividend paid during TY 2026-27 - 10% in case where PAN is provided / exceeds Rs. 10,000 available -20%, in other cases where PAN is not provided / not available/PAN is not linked to Aadhaar * Non – resident shareholders FII/FPI Shareholders 20% or lower rate as mentioned in tax treaty, if Other Non-resident Shareholders (not the applicable details / documents are having permanent establishment in India) satisfactorily provided as aforementioned All the above referred tax rates for non-resident shareholders shall be duly enhanced by the applicable surcharge and cess, if tax is deducted under Income-tax Act, 2025. *As per section 262(6) of the Income Tax Act, 2025, every person who has been allotted a PAN and who is eligible to obtain Aadhaar, shall be required to link the PAN with Aadhaar, except persons exempted as per Notification No. 37/2017 dated May 11, 2017. In case of failure to comply with this, the PAN allotted shall be deemed to be inoperative and tax shall be deducted at higher rates as prescribed under the Income Tax Act, 2025. Kindly note that no communication on the tax determination/deduction in respect of the said dividends shall be entertained post November 2, 2026, 05:00 PM [Showing first 8,000 characters — download PDF for full document]