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1eJrlos1ear Pneumatic RefS.E:C &LEG/701 Octo2b7e2,r0 26 BSEL imited NatiSotnoaEclxk c haonfIg nedL iiam ited PhirJoezeej eeTbohwoeyr s ExchaPnlgaeCz- a1B,,l oGc,k DalSatlr eet, BandraC-oKmuprllSeaa xn,d ra (E), Mumb4a0i00 0 1 Mumb4a0i00 5 1. ScrCiopd- e5 05283 NSES ymbKoIlR:L PNU SubP.r:e Rsesl ease Pleafsiene dn clohseerde wtihtPehr eRsesl eraesgea rMdeimnogr anodfUu nmd erstanding (MobUe)t wKeiernl oPsnkeaurm Caotmipca Lniym i(tKePdCa Ln)Kd o bSet eLetl(d K.O BELCO), Japfaoner x ploarndiden vge lboupsiinnogep spso rtiuntn hiOeti& ilG e asss e ctor. Yoaur ree quetsott aektdeh s ea moeny ourre cord. ThankYionug. FoKri rloPsnkeaurmC aotmipca ny Limited AmaKni rloskar ManagDiinrge IcD tIo0Nr9: 8 23056 EncAlsa. b:o ve Kirloskar CPonmepuamLnaiytm iict ed A KirloGsrkoauCrpo mpany RegOdf.f iPcleNo:ot1 . H, a dapIsnadru sEtsrtiaHataled ,a psar, PunMea,h aras4h11t0r1a3 Tel:( 2+2096)17 27000 Fax:+91(20)26870297 Emasielc:@ kirloWsekbasri.wtcweow:m.kirloskarpneumatic.com CIN:L29120PN1974PLC110307 Kirloskar Pneumatic Company Ltd . PRESS RELEASE KIRLOSKAR PNEUMATIC COMPANY LTD. AND KOBE STEEL LTD SIGNED MoU TO DEVELOP BUSINESS OPPORTUNITIES IN THE OIL & GAS SECTOR Strategic collaboration to leverage complementary strengths in the non-general purpose compression technologies, engineering capabilities and market reach. Pune, India – 27th October 2026: Kirloskar Pneumatic Company Limited (KPCL) and Kobe Steel Ltd. (KOBELCO), Japan have entered into a Memorandum of Understanding (MoU) to explore and develop business opportunities in the Oil & Gas sector. The MoU marks an important step towards building a strategic relationship between the two companies and leveraging their complementary strengths in engineering, compression technologies, manufacturing capabilities and market presence. Under the proposed collaboration, Kirloskar Pneumatic and Kobe Steel will jointly explore opportunities in the Oil & Gas sector in India and selective export projects including potential projects and solutions across upstream, midstream and downstream applications. The collaboration will focus on identifying customer requirements, developing suitable business opportunities and leveraging the technical and commercial strengths of both organisations. Mr. Aman Kirloskar, Managing Director, Kirloskar Pneumatic Company Limited, said: “We are delighted to enter into this MoU with Kobe Steel, a globally respected engineering and technology company. This collaboration brings together complementary strengths in technology, engineering and market capabilities. We see significant potential to jointly address the evolving requirements of the Oil & Gas sector and create differentiated solutions for customers in India and international markets. This partnership is aligned with our strategy of expanding our technology portfolio, strengthening our presence in high-value applications and creating sustainable long-term growth.” The collaboration reinforces the commitment of both companies towards technology-led growth, engineering excellence and delivering reliable and energy-efficient solutions for the evolving needs of the global Oil & Gas industry. By doing so, the companies aim to strengthen their business platform and competitiveness in India’s growing market, expand business primarily in the oil and gas sectors, and create new business opportunities in carbon-neutrality-related fields. Kirloskar Pneumatic Company Ltd . About Kobe Steel, Ltd. – KOBELCO Kobe Steel, Ltd. (KOBELCO) is one of Japan’s leading diversified industrial groups, with a history spanning more than 120 years. Founded in 1905 and headquartered in Kobe, Japan, the Company has evolved from a steel manufacturer into a global enterprise with businesses spanning steel and aluminum, advanced materials, machinery, engineering, and electric power. KOBELCO combines deep manufacturing expertise, advanced technology and strong research capabilities to provide high-value products and solutions to customers across diverse industries. Its machinery and engineering businesses serve sectors including industrial manufacturing, energy, construction and infrastructure, while its materials businesses support demanding applications across automotive, transportation, electronics and other industries. With 38,614 employees, 232 group companies and operations across 24 countries as of March 31, 2026, KOBELCO has established a significant global presence. https://www.kobelco.co.jp/english/ For further Information Please Contact: Kirloskar Pneumatic Co. Ltd. Group Investor Relations Ramesh Birajdar Ms. Mayura Bhusari Vice President & Chief Financial Officer Ph : (+91) 90 11 71 93 29 Ph : (020)67 06 03 41 Email : ramesh.birajdar@kirloskar.com Email : mayura.bhusari@kirloskar.com About Kirloskar Pneumatic Company Ltd. Established in 1958, Kirloskar Pneumatic Company Ltd. (KPCL) is a diversified company offering a comprehensive range of products, including Air, Refrigeration, and Gas compressors and systems, vapour absorption chillers, and industrial gearboxes. Serving various industries such as steel, cement, cold chains, food and beverages, pharmaceuticals, railways, defense and marine, KPCL holds a significant presence in the Oil & Gas sector. Notably, the Company is a key player in CNG business in India Leveraging extensive industry experience, KPCL has forged technology partnerships with leading global companies and research institutes, ensuring cutting-edge solutions and innovations. The company has been recognized with numerous awards for excellence in quality, innovation, merit, training programs, HR initiatives, and in-house communication, establishing itself as a leader in the industry. Kirloskar Pneumatic Company Ltd . KPCL has a strong and diversified business footprint, with three manufacturing facilities across Maharashtra and a 150+ dealer network supporting its market reach. The Company also has a wholly owned subsidiary near Badlapur, Mumbai, while its international presence is strengthened through a representative office in Dubai and a subsidiary in Thailand, providing a platform for expanding its business across international and emerging markets. Safe Harbor Statement Statements in this document, particularly those which relate to management’s views and analysis, describing the Company’s objectives, projections, estimates and expectations may constitute “forward looking statements” within the meaning of applicable laws and regulations. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.