Pursuant to Regulation 30 of the SEBI Listing Regulations, and in furtherance to our intimation dated October 19, 2026 regarding the schedule of earnings conference call with analyst / investors, please find attached the financial results presentation for Q2 H1 FY 2026-27.

October 28, 2026 Asst. Vice President, Listing Deptt., The Secretary, National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Plot C-1, Block G, 25th Floor, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (E), Dalal Street, MUMBAI - 400 051 MUMBAI - 400 001 Scrip Code: HEROMOTOCO Scrip Code: 500182 Subject: Investor Presentation Dear Sir / Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in furtherance to our intimation dated October 19, 2026 regarding the schedule of earnings conference call with analysts/ investors, please find attached the financial results presentation for Q2 & H1 FY 2026-27. Kindly take the same on your records. Thanking you, For Hero MotoCorp Limited, Prabhat Singh Company Secretary & Compliance Officer Q2 & H1 FY26-27 FINANCIAL RESULTS PRESENTATION FORWARD LOOKING STATEMENTS Certain statements in this Presentation describing our objectives, projections, estimates, expectations or predictions may be forward-looking statements within the meaning of applicable securities laws and regulations. Our actual results may differ materially due to factors including macro-economic conditions, demand fluctuations, consumer preferences, competitive intensity and technological changes. Our performance may also be affected by regulatory changes, supply chain disruptions, commodity price volatility, foreign exchange movements and execution of strategic initiatives. We undertake no obligation to update such statements except as required by Law. BRAND HERO A LEGACY OF TRUST TRUSTED TWO-WHEELER BRAND, POWERED BY SCALE, EXTENSIVE CUSTOMER REACH AND OVER FOUR DECADES OF TRANSFORMING MOBILITY WORLD’S LARGEST 8 MANUFACTURING MOTORCYCLE AND PLANTS: 8.63 MN SCOOTER COMPANY FOR PRODUCTION CAPACITY & 25 CONSECUTIVE YEARS A GLOBAL PARTS CENTRE HAPPY CUSTOMERS CUSTOMER TOUCHPOINTS ESGSCORE FROM NSE GLOBAL MARKETS SUSTAINABILITY RATINGS & ANALYTICS (RATING CATEGORY: LEADER) 1985 Q2 & H1 FY27 FINANCIAL PERFORMANCE STRONG REVENUE GROWTH DRIVEN BY VOLUME GROWTH DELIVERING HEALTHY TOP-LINE AND BOTTOM-LINE GROWTH Revenue from Operations EBITDA Profit after Tax (₹ Cr) (₹ Cr) (₹ Cr) 3,694 2,911 3,205 27,686 8% 5% 2,519 21,705 1,968 1,823 1,393 1,456 14,687 12,126 Q2 Q2 H1 H1 Q2 Q2 H1 H1 Q2 Q2 H1 H1 FY26 FY27 FY26 FY27 FY26 FY27 FY26 FY27 FY26 FY27 FY26 FY27 Q2 EBITDA margin at 13.4% Q2 Revenue growth of 21% driven impacted by commodity headwinds, Q2PAT growth of 5% supported by by volume growth of10%, mix partially offset by cost savings and higher revenue improvement and pricing action operating leverage 4 * Standalone financials HOUSE OF STRATEGY KEY GROWTH PILLARS FOCUSED EXECUTION OF STRATEGIC PRIORITIES TO DRIVE SUSTAINABLE MARKET LEADERSHIP 1 GROW GAIN MARKET SHARE IN 3 WIN IN 4 DRIVE SCOOTER MARKET THE CORE 125CC PREMIUM SHARE 85.0% 17.7% 1.9% 7.1% 100cc MS*: Deluxe 125cc MS*: Premium MS*: Scooter MS*: (+3.9% YoY) (+2.4% YoY) (-0.3% YoY) (+1.6% YoY) EV EXPAND EXPORTS - 7 EXPAND PARTS 8 BUILD A FUTURE-FIT LEADERSHIP GLOBAL BUSINESS BUSINESS ORGANIZATION 11.0% 6.0% ₹ 3,630 Cr EV MS#: Exports MS*: Parts Revenue**: Reduce Best-in Strengthen Development Class Forecasting & (+1.7% YoY) (-1.3% YoY) (+28.3% YoY) Cycle Time Quality Supply Agility * Market Share as per SIAM (Based on H1 FY27 Dispatches) # Based on VAHAN for H1 FY27 ** Revenue for H1 FY27 Q2 & H1 FY27 CATEGORY PERFORMANCE ROBUST DISPATCH MOMENTUM ACROSS KEY PRODUCT CATEGORIES ICE & EV SCOOTERS CONTINUE TO EXCEL COMBINED WITH SUSTAINED PERFORMANCE IN MOTORCYCLES TOTAL DISPATCHES Q2 - FY26 Q2 - FY27 YoY % H1 - FY26 H1 - FY27 YoY % (000’S) 1,528 1,628 6.5% 2,802 3,113 11.1% MOTORCYCLES 162 240 47.3% 256 433 69.4% SCOOTERS(ICE + EV) TOTAL 1,691 1,868 10.5% 3,058 3,545 15.9% 6 Note: some numbers have bene rounded to the nearest decimal DIVERSIFYING OUR PRODUCT MIX RISING MIX OF SCOOTERS AND EV IN THE PORTFOLIO FOCUS ACROSS PRODUCTS RESULTING IN HIGHER REVENUE VS VOLUME GROWTH DIVERSIFYING PORTFOLIO INTO FAST GROWING 2W VALUE GROWTH OUTPACED VOLUME GROWTH CATEGORIES 8%  11% 1% 6%  5% EV Scooter  4% ICE Scooter Motorcycle 90% Q2 - FY25 Q2 - FY26 Q2 - FY27 87% Volume Growth Revenue Growth Higher Revenue growth vs Volume growth owing to diversified product Continuedmomentum in Scooters and EV further improved the Category mix and pricing actions Mix in Q2 FY27 * Based on total dispatches–ICE + EV Source:Company disclosure ICE SCOOTERS ACCELERATING MARKET SHARE GAIN ON EXPANDED PORTFOLIO BROAD-BASED REGIONAL GROWTH IN SCOOTERS BACKED BY PRODUCT INNOVATION, MARKETING CAMPAIGNS & RAMPED-UP CAPACITY STRONG VOLUME GROWTH DRIVING SUSTAINED HIGH IMPACT CAMPAIGNS AMPLIFYING BRAND RECALL MARKET SHARE GAINS & DEMAND ICE Scooter 440.00 8.5% Performance 7.3% 7.1% Innovative print campaign 390.00 7.5% blending storytelling with 6.2% Destini features to capture 340.00 5.5% 6.5% readers’ attention 275k 5.5% 290.00 Domestic Dispatches  53% 4.5% 240.00 180k 3.5% Market Share 190.00 153k 2.5%  35% 140.00 113k 1.5% CONTINUOUS PRODUCT INNOVATION ENHANCING CONSUMER 90.00 EXCITEMENT & STRENGTHENING SUPPLY CHAIN 0.5% 40.00 -0.5% Q2 Q2 H1 H1 FY26 FY27 FY26 FY27 Destini –110 Destini –110 Growth across regions led by South and East India Xoom–125 ClassiqueEdition ClassiqueEdition ZX variant graphicupdate 8 Source: SIAM CORE MOTORCYCLES REINFORCING LEADERSHIP IN THE 100CC CATEGORY MARKET SHARE EXPANSION POWERED BY ROBUST SPLENDOR GROWTH ALONG WITH PREMIUM MIX ENRICHMENT STRONG SPLENDOR GROWTH ANCHORED ON THE 85% MARKET SHARE IN 100CC PORTFOLIO – H1-FY27 LEGACY OF MILEAGE, AFFORDABILITY & DURABILITY 100cc Motorcycles Performance 85.0% Splendor+ growth 84.4% 21% , in H1FY27 81.1% 2,583k Domestic Dispatches 79.1%  11% 2,334K Market Share ACCELERATING PREMIUMIZATION: SPLENDOR+ XTEC POWERS MIX ENRICHMENT 1,367K 1,242K ,  10% Splendor+ XTEC 25% contribution to Splendor+ wholesales Q2 Q2 H1 H1 Splendor+ XTEC FY26 FY27 FY26 FY27 Source: SIAM DELUXE 125CC SUSTAINING 125CC MOMENTUM THROUGH TECH-LED INNOVATION STRENGTHENED POSITION BY AUGMENTED PORTFOLIO, BRAND BUILDING AND CATEGORY –DEFININGFEATURES EXPANDED MARKET SHARE IN H1-FY27 LED BY CONTINUOUS PRODUCT INNOVATION WITH SEGMENT – GLAMOUR - X FIRST FEATURES Deluxe 125cc , , Single Channel ABS paired with an Performance Integrated Braking System , 17.6% 17.5% 17.7% , 15.3% , Cruise Control with 3 ride modes 324k Domestic ,  19% 271k 4.2-inch multi-color LCD console Dispatches Market Share 161k 163k , Best-in-class mileage of 72km/l Silent Starter LED Headlamp , -, Q2 Q2 H1 H1 New Graphics FY26 FY27 FY26 FY27 10 Source: SIAM Segment 1st feature TARGETING EV LEADERSHIP ACCELERATING EV GROWTH THROUGH SUPERIOR PRODUCTS & SERVICES DRIVING MARKET SHARE GAINS WHILE SCALING NON – PRODUCT REVENUE STREAMS DOUBLED RETAILS IN H1-FY27 LED BY A STRONG PRODUCT MARKETING CAMPAIGNS CONTINUE TO DRIVE PORTFOLIO & EXPANDING SUPPLY CONSUMER AWARENESS AND INTEREST 11.5% , VIDA VAHAN THE VOOM KOVAIKINGS , 11.1% 11.0% Launch of Title Partnerfor Performance , , new brand Tamil Nadu identity Premier League’s , 9.3% 124k , leading team  108% , RAPIDLY SCALING NON-PRODUCT REVENUE Vida Retails , 67k , ,  76% Market Share , , Comprehensive Connectivity Monetizing our Increasing VIDA Parts, , coverage of battery + Features Charging Network Accessories & , critical components Subscription Model (6,000+ points) Merchandise business Q2 Q2 H1 H1 BROADENING PRODUCT PORTFOLIO & REACH FY26 FY27 FY26 FY27 VX2 Go 3.1kWh andVX2 Plus 778 Dealerships 74 Towns: Top-2 Position 4.4kWh Launched 475 Cities** VIDA VX2 variantslaunched in 57 Towns: >20% Market Share Nepal 11 Source: VAHAN ** as of Sept - 26 PARTS, ACCESSORIES & MERCHANDISE BUILDING A RESILIENT & SCALABLE GROWTH ENGINE EXPANDING DISTRIBUTION, BROADENING THE PORTFOLIO AND STRENGTHENING PREMIUM OFFERINGS IN PARTS STRONG GROWTH IN PAM REVENUE (₹ Cr) “XCLUSIVE PARTS” RANGE LAUNCHED Business 3,630 2,830  28% 1,941 1,533  27% Q2 Q2 H1 H1 FY26 FY27 FY26 FY27 Sustained grow [Showing first 8,000 characters — download PDF for full document]