Outcome of Board Meeting

29th October 2026. National Stock Exchange of India Limited, BSE Limited, “Exchange Plaza”, P.J. Towers, Bandra-Kurla Complex, Bandra (East), Dalal Street, Mumbai-400051. Mumbai-400001. Dear Sirs, Sub.: Outcome of the Board Meeting dated 29th October 2026. Ref.: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the “Listing Regulations”). This is to inform that the Board of Directors of the Company (the “Board”), at its Meeting held on 29th October 2026 (which commenced at 12.00 p.m. (IST) and concluded at 3.30 p.m. (IST)), has, inter alia, approved the following: 1) Unaudited Limited Reviewed Financial Results of the Company on standalone and consolidated basis for the quarter and six months ended on 30th September 2026. Enclosed please find the copy of the said results and the copy of the Limited Review Reports (standalone and consolidated) dated 29th October 2026. Also find enclosed, a copy of the press release and the investors’ presentation in this regard, the copy of both of which are available on the website of the Company (www.suzlon.com). 2) Acquisition of 1,00,000 equity shares of Rs.10/- each representing 100% of the equity share capital of Suzlon Foundation Limited (CIN: U74900GJ2007NPL052449) (“Suzlon Foundation”) for an aggregate consideration of Rs.10 Lacs. Upon completion of the acquisition Suzlon Foundation would become a wholly owned subsidiary of the Company. The details as required under the Regulation 30 of the Listing Regulations read with SEBI Circular No.SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July 2023 (“SEBI Circular”) are set out in Annexure A enclosed herewith. 3) An investment of up to Rs.1 Crore in OE Business Park Private Limited (CIN: U41001MH2024PTC430423) (“OEBPPL”). Post completion of such investment, OEBPPL would become a subsidiary of the Company. The details as required under the Regulation 30 of the Listing Regulations read with SEBI Circular are set out in Annexure B enclosed herewith. 4) Revision in the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information in terms of Regulation 8 of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations 2015, to be effective from 1st November 2026. A copy of the said Code is enclosed herewith as Annexure C and is also available on the website of the Company (www.suzlon.com). This is for your information as also for the information of your members and the public at large. Thanking you, Yours faithfully, For Suzlon Energy Limited Geetanjali S.Vaidya, Company Secretary. Encl.: As above. Annexure A Details with respect to acquisition of Suzlon Foundation (in terms of under Regulation 30 and Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Circular a. Name of the target entity, details in brief such as Suzlon Foundation (“Target Company” or “SF”) size, turnover, etc. CIN: U74900GJ2007NPL052449 SF is a company incorporated under the provisions of the Companies Act, 1956 and is a Section 8 not-for- profit company in terms of the Companies Act, 2013 having CSR Registration No.CSR00003382. b. Whether the acquisition would fall within related Yes, SF has become a related party by virtue of party transaction(s) and whether the promoter / induction of Key Management Person of Suzlon promoter group / group companies have any Energy Limited on the Board of SF. Post completion interest in the entity being acquired? If yes, nature of acquisition, SF would become a wholly owned of interest and details thereof and whether the subsidiary of the Company. same is done at “arm’s length” SF is not related to the promoter / promoter group / group companies of the Company. c. Industry to which the entity being acquired SF is a Section 8 not-for-profit company in terms of belongs the Companies Act, 2013 d. Objects and impact of acquisition (including but In view of the consistent profits, CSR spending of the not limited to, disclosure of reasons for Company is on rise. To manage and scale the acquisition of target entity, if its business is Company’s long-term CSR initiatives effectively as outside the main line of business of the listed also to ensure greater control and better governance, entity) it is proposed to acquire 100% shareholding of SF and thus make it as a wholly owned subsidiary of the Company. Post acquisition, the Company would continue to undertake CSR spending for the Company and the entire Group through SF. e. Brief details of any governmental or regulatory None approvals required for the acquisition f. Indicative time period for completion of the By first week of November 2026 acquisition g. Consideration - whether cash consideration or Cash consideration share swap or any other form and details of the same h. Cost of acquisition and/or the price at which the The Company proposes to acquire 1,00,000 equity shares are acquired shares of Rs.10/- each of SF from the existing shareholders of SF for cash at par aggregating to Rs.10,00,000/- (Rupees Ten Lacs Only). i. Percentage of shareholding / control acquired and 100.00% / or number of shares acquired j. Brief background about the entity acquired in  Activity - Carrying out welfare and charitable terms of products/line of business acquired, date activities of incorporation, history of last 3 years turnover,  Date of Incorporation - 27th December 2007 country in which the acquired entity has presence  Country of incorporation – India and any other significant information (in brief);  Income / Receipt for last three years FY 26 – 16.39 Crores FY 25 – 8.51 Crores FY 24 – 4.50 Crores Annexure B Details with respect to acquisition of OE Business Park Private Limited (in terms of under Regulation 30 and Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Circular a. Name of the target entity, details in brief OE Business Park Private Limited (“OEBPPL”) such as size, turnover, etc. CIN: U41001MH2024PTC430423 b. Whether the acquisition would fall within No related party transaction(s) and whether the promoter / promoter group / group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” c. Industry to which the entity being acquired Real Estate / Property Management belongs d. Objects and impact of acquisition Upon exercise of the Call Option in terms of the Option (including but not limited to, disclosure of Agreements, the Company is required to subscribe and hold reasons for acquisition of target entity, if its ~99% of the equity share capital of OEBPPL. Upon such business is outside the main line of business exercise and subscription, the Company will indirectly, of the listed entity) through OEBPPL, hold the One Earth premises, which is the corporate headquarters of the Company e. Brief details of any governmental or N.A. regulatory approvals required for the acquisition f. Indicative time period for completion of the In Q3 FY27 acquisition g. Consideration – whether cash consideration Cash consideration by way of subscription to the paid-up or share swap or any other form and details capital of OEBPPL of the same h. Cost of acquisition and / or the price at Approximately Rs.1 Crore which the shares are acquired i. Percentage of shareholding / control Approximately 99% acquired and / or number of shares acquired j. Brief background about the entity acquired  Activity – Property management and leasing. in terms of products / line of business  Date of Incorporation – OEBPPL is a private limited acquired, date of incorporation, history of company incorporated on 9th August 2024 with an last 3 years turnover, country in which the authorised share capital of Rs.15,00,000/- and a paid- acquired ent [Showing first 8,000 characters — download PDF for full document]