General Updates

ATL/SEC-21 June 23, 2026 The Secretary The Secretary, National Stock Exchange of India Ltd, BSE Ltd, Exchange Plaza, Bandra- Kurla Phiroze Jeejeebhoy Towers, Dalal Complex- Bandra (E), Street, Mumbai- 400051 Mumbai -400001 Sub: Communication to Shareholders: Intimation on Tax Deduction at Source (TDS)/ withholding tax on Dividend for FY26 Dear Sirs, Please find enclosed herewith a specimen of an e‐mail which is being sent to the Shareholders whose email addresses are registered with the Registrar and Share Transfer Agent/ Depositories intimating about the applicable provisions of the Income Tax Act, 2025, relating to TDS/ withholding tax on the final dividend for FY26, if declared by the Shareholders and the procedure to be followed by the Shareholders for submission of relevant forms, documents etc. This is for your information and records. Thanking you, Yours faithfully, For Apollo Tyres Ltd (Seema Thapar) Company Secretary & Compliance Officer Registered Office: Apollo Tyres Ltd. 3rd Floor, Areekal Mansion, Panampilly Nagar, Kochi 682036, India CIN: L25111KL1972PLC002449, Tel No. + 91 484 4012046, Fax No. +91 484 4012048, Email:investors@apollotyres.com Apollo Tyres Ltd Regd. Office: 3rd Floor, Areekal Mansion, Panampilly Nagar Kochi, Kerala, Pin- 682036, India Corporate Identity Number (CIN): L25111KL1972PLC002449 Tel No.: +91 124 2383002 | Fax : +91 124 2383021 Email: investors@apollotyres.com | Website: www.apollotyres.com Date: Ref: Folio / DP Id & Client Id No: Name of the Shareholder: Dear Shareholder, Sub: Dividend for FY26 - Communication on Tax Deduction at Source (TDS) / withholding tax on Dividend We are pleased to inform you that the Board of Directors of the Company at its meeting held on May 14, 2026 have recommended a Final Dividend for FY26 subject to the approval of shareholders in the 53rd AGM of the Company scheduled to be held on Wednesday, July 29, 2026 at 3:00 PM (IST) through Video Conferencing (‘VC’). The following are the dividend details: Dividend Details: Rate of dividend ₹2.50 per equity share of ₹1 each Record date for dividend entitlement Friday, July 10, 2026 Pursuant to the provisions of the Income Tax Act, 2025 (‘the IT Act’), dividends paid or distributed by a company shall be taxable in the hands of the shareholders. The Company shall, therefore, be required to deduct tax at source at the time of making the payment of Dividend. The TDS rates and other details for various categories of shareholders along with required documents are provided below: SECTION A: TDS PROVISIONS AND DOCUMENTS REQUIRED, AS APPLICABLE, FOR RELEVANT CATEGORY OF SHAREHOLDERS I : Resident Shareholders Exemption applicability and Category of Shareholder Tax Deduction Rate documentation requirements Resident Shareholder having (a) No tax shall be deducted on the dividend valid Permanent Account payable to resident individuals if: Number (PAN) linked with 10% Aadhar, wherever i. Total dividend amount to be applic able. received by them during the tax year 2026-27 does not exceed ₹ 10,000/- or ii. The shareholder provides declaration in Form 121 provided that all the required eligibility conditions are met. Please note that all fields are mandatory to be filled up and Company may at its sole discretion reject the form, if the prescribed requirements under the IT Act are not fulfilled. iii. Exemption certificate is issued by the Income tax department, if any. Click here to download Form121. You can also download Form 121 from the Income-tax website Income Tax Forms, 2026 In case, shareholders do not have PAN/ invalid PAN/PAN is not linked with Aadhar/not registered their valid PAN details in their account, TDS at a higher rate of 20% Any Resident Shareholder shall be applicable as per Section 397(2) of (without/ invalid / the IT Act. inoperative PAN/ non-linking of PAN with Aadhaar ) Note: Update valid PAN with depositories (in case of shares held in Demat mode) and with the Company's Registrar and Share Transfer Agent - KFin Technologies Limited (‘RTA’) (in c ase of shares held in physical mode). Rate specified in tax Availability of lower/nil tax -Self attested copy of PAN Card withholding deduction certificate issued - Self attested copy of lower/NIL withholding certificate obtained by Income Tax Department tax certificate obtained from Income Tax from Income Tax u/s 395 of the IT Act authorities. Department. As per section 393(4)(Sr. no. 10) of the IT Act Insurance Companies: Public subject to specified conditions provide Self- and Other Insurance NIL attested copy of valid IRDA registration Companies certificate Persons covered under Section 393(5) of the IT Act Documentary evidence that the person is (e.g. Mutual Funds, Business NIL covered under Section 393(5) of the IT Act. Trust, Alternative I nvestment fund, Govt. etc.) II: Non-Resident Shareholders Exemption applicability and Category of Shareholder Tax Deduction Rate documentation requirements Non-Resident Shareholders may opt for a tax rate under the Double Taxation Avoidance Agreement (‘DTAA’). The DTAA rate shall be applied for withholding the tax on submission of the following documents: Self-attested copy of Tax Residency Certificate (TRC) for current financial year as obtained from the tax authorities of the country of which the Shareholder is resident; Self-declaration in Form 41 (Click here to download Form 41) if all the details required in this form are not mentioned in the TRC; Note:- As per Income tax provisions, Foreign shareholders need to submit electronic Form 41, to be generated from Indian Income tax e-filing portal. 20% (plus surcharge (Home | Income Tax Department) and education cess Any Non-Resident Self-attested copy of the Permanent as applicable)/ DTAA ➢ Shareholder, Foreign Account Number (PAN Card) allotted rate, whichever is Institutional Investors, by the Indian Income Tax authorities, if lower provided Foreign Portfolio Investors available; requisite documents (FII, FPI) have been Self-declaration in the attached format (Click here to download the self- submitted. declaration format), certifying the following points: • Shareholders are and will continue to remain a tax resident of the country of their residence for FY27; • Shareholders are eligible to claim the beneficial DTAA rate for the purposes of tax withholding on dividend declared by the Company; • Shareholders have no reason to believe that their claim for the benefits of the DTAA is impaired in any manner; • Shareholder is the ultimate beneficial owner of shares held in the Company and dividend receivable from the Company. • Shareholder does not have a taxable presence or a permanent establishment in India for FY27. Please note that the Company is not obligated to apply the beneficial DTAA rates at the time of tax deduction/ withholding on dividend amounts. Application of beneficial DTAA Rate shall depend upon the completeness and satisfactory review by the Company, of the documents submitted by Non- Resident Shareholder. Submitting Order under Rate provided in the Lower/ NIL withholding tax certificate section 395 of the IT Act Order obtained from Income Tax authorities. III: Shareholders having multiple accounts under different status / category Shareholders holding Equity Shares of the Company under multiple accounts under different status / category and single PAN, may note that, higher of the tax as applicable to the status in which shares held under a PAN will be considered on their entire holding in different accounts. IV: Transferring credit to the beneficial owner In terms of Rule 203 of the Income Tax Rules 2026, if dividend income on which tax has been deducted at source is assessable in the hands of a person other than the deductee, then such deductee should file declaration with Company in the manner prescribed in the Rules. SECTION B: DIVIDEND PAYMENT PERMISSIBLE ONLY IN ELECTRONIC MODE In accordance with SEBI (Listing Obligations and Disclosure Requirements) (Fifth Amendment) [Showing first 8,000 characters — download PDF for full document]