Press Release

July 16, 2026 To To The Manager, The Manager, Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1 Block G, Dalal Street, Bandra - Kurla Complex, Bandra (East) Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 544277 Trading Symbol: WAAREEENER Dear Sir/Madam, Subject:Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 — Press Release. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we are enclosing herewith the Press Release titled “Waaree Energy Storage Solutions Commences India’s Advanced Automated BESS Container Manufacturing Facility.” The above information is also available on the website of the Company i.e. www.waaree.com. Kindly take the information on record. Thanking you, Yours faithfully, For Waaree Energies Limited Rajesh Ghanshyam Gaur Company Secretary & Compliance Officer M.No. A34629 WAAREE Energies Ltd. Registered Office: 602, Western Edge – 1, Western Express Highway, Borivali (E), Mumbai – 400 066, INDIA. Tel: +91-22-6644 4444. Fax: +91-22-6644 4400. Email: waaree@waaree.com.Website:www.waaree.com Corporate Identity Number:L29248MH1990PLC059463 Waaree Energy Storage Solutions Commences India's Advanced Automated BESS Container Manufacturing Facility Marks First Milestone in Waaree ESS's 20 GWh Manufacturing Roadmap Mumbai, India | July 16, 2026: Waaree Energy Storage Solutions Pvt Ltd (Waaree ESS), a subsidiary of Waaree Energies Limited, today announced the commencement of its Battery Energy Storage System (BESS) Container Manufacturing Facility, which we believe marks the major milestone in building India's integrated energy storage manufacturing ecosystem. This BESS Container Manufacturing facility is of 5.15 GWh - uprated from an originally planned 3.5 GWh, driven by debottlenecking of production throughput and improved energy density of battery cells. The facility is equipped with advanced Industry 4.0 technologies, Automated Guided Vehicles (AGVs), intelligent material handling, automated assembly lines, and advanced testing and quality assurance systems. Designed for utility-scale and commercial & industrial applications, we believe the facility will deliver high-quality, reliable, and scalable energy storage solutions. The BESS container facility is the first milestone in Waaree ESS's manufacturing roadmap of 20 GWh. In the current financial year, we intend to operationalize below facilities • 5.15 GWh of Battery Pack Manufacturing -uprated from an originally planned 3.5 GWh, driven by debottlenecking of production throughput and improved energy density of battery cells • 3.5 GWh of Lithium Cell Manufacturing Together, these facilities will create a robust domestic energy storage ecosystem, aiding India's clean energy ambitions while reducing dependence on imported technologies. As India rapidly expands solar and wind power, Battery Energy Storage Systems (BESS) have become critical for ensuring reliable, round-the-clock electricity. BESS enables renewable energy generated during the day to be stored and supplied during peak demand, improving grid stability, reducing renewable curtailment, and minimizing reliance on conventional peaking power plants. Energy storage will play a pivotal role in supporting India's renewable energy targets, enhancing energy security, and enabling a resilient, low-carbon power system. Through integrated manufacturing of lithium cells, battery packs, and BESS containers, Waaree ESS is building comprehensive energy storage platforms. This investment supports the Government's Make in India and Atmanirbhar Bharat initiatives while offering customers reliable, locally manufactured energy storage solutions with quality and faster delivery. Speaking on the occasion, Mr. Sunil Rathi, Director, Waaree, said: "Battery Energy Storage Systems are the backbone of a renewable-powered future. As India accelerates its clean energy transition, reliable and domestically manufactured energy storage will be essential for ensuring grid stability, energy security, and sustainable growth. The commencement of our advanced BESS container manufacturing facility is an important step towards building a fully integrated energy storage ecosystem. With planned capacities of 3.5 GWh lithium cells and 5.15 GWh battery packs, Waaree ESS is committed to delivering world-class, Made-in-India energy storage solutions that empower our customers and contribute to India's vision of becoming a global clean energy manufacturing hub." About Waaree Energy Storage Solutions Waaree Energy Storage Solutions (Waaree ESS), one of the subsidiaries of Waaree Energies Limited, develops advanced battery technologies and integrated energy storage solutions for utilities, commercial & industrial customers, and infrastructure projects. The company is establishing integrated manufacturing capacities across lithium cell manufacturing, battery packs, utility-scale Battery Energy Storage Systems (BESS), reinforcing its commitment to innovation, sustainability, and India's clean energy transition.