Statement of deviation(s) or variation(s) under Reg. 32

August 03, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400001 Bandra East, Mumbai – 400051 BSE – 500495 NSE – ESCORTS Sub: Statement of Deviation or Variation in the use of proceeds of Preferential Issues for the Quarter ended June 30, 2026 Dear Sir/ Ma’am, Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby confirm that there is no deviation or variation in the use of proceeds from the objects stated in the Letter of Offer for Preferential Issues of the Company. A statement of deviation, stating that there is no deviation or variation in the utilization of these proceeds, duly reviewed by the Audit Committee, is attached. Kindly take the same on record. Thanking you, Yours faithfully, for Escorts Kubota Limited Bharat Madan Whole-time Director and Chief Financial Officer Encl.: As above Escorts Kubota Limited Registered Office - 15/5, Mathura Road, Faridabad - 121003, Haryana, India Tel.: +91-129-2250222 | E-mail: corp.secretarial@escortskubota.com | Website: www.escortskubota.com Corporate Identification Number L74899HR1944PLC039088 Statement of Deviation/ Variation in utilization of funds raised under preferential issues – Published pursuant to Regulation 32 read with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Name of Listed Entity Escorts Kubota Limited Mode of Fund Raising Preferential Issues Date of Raising Funds February 18, 2022 Amount Raised (in Crores) Rs. 1,872.745 Crores Report filed for the Quarter ended June 30, 2026 Monitoring Agency Not Applicable Monitoring Agency Name, if applicable Not Applicable Is there a Deviation / Variation in use of funds No raised If yes, whether the same is pursuant to change in Not Applicable terms of a contract or objects, which was approved by the shareholders If yes, Date of shareholder Approval Not Applicable Explanation for the Deviation / Variation Not Applicable Comments of the Audit Committee after review No Comments Comments of the auditors, if any Not Applicable Objects for which funds have been raised and where there has been a deviation, in the following table S. Original Object Mo Original Mo Funds Amount Re N difi Allocation difi Utilized of mar o. ed ed Deviation ks, Obj allo / if ect, cati Variation any if on, for the any if quarter any according applicabl e object 1 For expansion of its agri-machinery - Rs. 1,855.306 - Rs. 844.928 Nil - business of manufacturing, assembly, Crores* Crores sales, marketing, financing, servicing, research and development of: (a) tractors; (b) combine harvester & rice transplanter; (c) utility vehicles; (d) turf equipment; Escorts Kubota Limited Registered Office - 15/5, Mathura Road, Faridabad - 121003, Haryana, India Tel.: +91-129-2250222 | E-mail: corp.secretarial@escortskubota.com | Website: www.escortskubota.com Corporate Identification Number L74899HR1944PLC039088 (e) construction machinery; (f) engines; (g) implements; (h) transmission for tractors, construction equipment and implements; (i) other farm mechanisation equipment; (j) spare parts of the items referred in (a) to (i) above *Net proceeds post deduction of expenditure of Rs. 17.440 crores incurred towards preferential issue and allotment Deviation or variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed or (c) Change in terms of a Contract referred to in the fund raising document i.e. prospectus, letter of offer, etc. For Escorts Kubota Limited Bharat Madan Whole-time Director and Chief Financial Officer Place: Faridabad Date: August 03, 2026 Escorts Kubota Limited Registered Office - 15/5, Mathura Road, Faridabad - 121003, Haryana, India Tel.: +91-129-2250222 | E-mail: corp.secretarial@escortskubota.com | Website: www.escortskubota.com Corporate Identification Number L74899HR1944PLC039088