Appointment

JSWSL: MUM: SEC: SE: 2026-27/07/01 July 1, 2026 1. National Stock Exchange of India Ltd. 2. BSE Limited Exchange Plaza, Plot No. C/1, G Block Corporate Relationship Dept. Bandra – Kurla Complex Phiroze Jeejeebhoy Towers Bandra (E), Mumbai – 400 051 Dalal Street, Mumbai – 400 001. NSE Symbol: JSWSTEEL Scrip Code No.500228 Kind Attn.: Listing Department Kind Attn.: Listing Department Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Change in Company’s Directorate Dear Sir/Madam, Pursuant to Regulation 30 read with Part A of Schedule III of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”), we hereby inform you that the Board of Directors of the Company today, based on the recommendation of the Nomination and Remuneration Committee, has appointed Mr. Dev Bajpai (DIN: 00050516), as an Additional Director in the category of Non-Executive Independent Director on the Board of the Company with effect from July 2, 2026. We further inform that subject to the approval of shareholders of the Company, his appointment as a Non-Executive Independent Director is for a term of five years from July 2, 2026 to July 1, 2031, not liable to retire by rotation. It is affirmed that Mr. Dev Bajpai is not debarred to be appointed as a Director by virtue of any Order passed by the Securities and Exchange Board of India or any other such authority. The details required under Regulation 30 of the SEBI LODR read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are given in the enclosed Annexure-A. The disclosure will also be made available on the Company’s website at www.jsw.in. pursuant to Regulation 30(8) of the SEBI LODR. The Board accorded its approval for the above at 09:15 pm (IST). This is for your information and records. Thanking you, Yours faithfully For JSW Steel Limited Manoj Prasad Singh Company Secretary (in the interim capacity) CC: Singapore Exchange Securities Trading Limited 11 North Buona Vista Drive, #06-07, The Metropolis Tower 2, Singapore 138589 Hotline: (65) 6236 8863 Fax: (65) 6535 0775 ANNEXURE – A DISCLOSURE OF INFORMATION PURSUANT TO REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 READ WITH SEBI MASTER CIRCULAR NO. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 DATED JANUARY 30, 2026 Sl. List of events required Information of such event(s) No. to be disclosed 1. Reason for change viz. The Board of Directors of the Company, based on the appointment, re- recommendation of the Nomination and Remuneration appointment, Committee appointed Mr. Dev Bajpai (DIN: 00050516) as an resignation, removal, Additional Director in the category of Non-Executive death or otherwise; Independent Director with effect from July 2, 2026. Further, the Board also recommended to the shareholders the appointment of Mr. Dev Bajpai (DIN: 00050516) as an Independent Director for a term of five years with effect from July 2, 2026 up to July 1, 2031, not liable to retire by rotation. 2. Date of appointment/re- Appointment is with effect from July 2, 2026. The term of appointment/cessation appointment of Mr. Dev Bajpai (DIN: 00050516) as (as applicable) & term of Independent Director will be for period of 5 years subject to appointment/re- approval of shareholders. appointment 3. Brief profile (in case of Mr. Dev Bajpai (60 years) has been working in the corporate appointment); sector for over three decades with extensive experience in Automobile & auto components, FMCG, Hospitality & Private Equity industries. His last assignment was being a member of the Management Committee of Hindustan Unilever Limited (HUL) since May 2010 and later as Whole Time Director on HUL’s Board of Directors effective January 2017 as Executive Director, Legal & Corporate Affairs until he took early retirement effective December 31, 2024. Mr. Bajpai served as the Non-Executive Chairman of Unilever Nepal Limited, a listed subsidiary of HUL, for a period of 5 years. He was on the Board of Hindustan Unilever Foundation for 9 years. He was part of all the Board Committees of HUL. Under his leadership, HUL was bestowed with the National Award for Excellence in Corporate Governance. Currently, he serves as an Advisor to HUL. Mr. Bajpai is a Fellow Member of the Institute of Company Secretaries of India and has a law degree from the University of Delhi. He completed an Executive Program for Corporate Counsels at Harvard conducted by Harvard Law School. While trained as a lawyer, his focus has been on business strategy, understanding of markets & consumer insights, policy and regulation & corporate governance. He has been instrumental in advocating for & achieving several policy changes for the industries that he has worked in including changes to Industrial Policy, Exim Policy, Consumer regulations, Tax regulations, IP Regulations, Corporate Regulations, PLI scheme for food processing industries, etc. and, internationally, to Executive Orders issued by US Administration at the time of onset of Covid 19. In the past, he has worked with Maruti Udyog Ltd., Marico Ltd., Indian Hotels Company Ltd. (the Taj Group) and ICICI Venture Funds Management Company Ltd. He has been part of Committees of Apex Industry Organisations such as CII & FICCI. He was Vice President of Indian Beauty & Hygiene Association and Chairman of FMCG Committee of the European Business Group. 4. Disclosure of Mr. Dev Bajpai is not related to any Director of the Company. relationships between directors (in case of appointment of a director). For JSW Steel Limited Manoj Prasad Singh Company Secretary (in the interim capacity)