Outcome of Meeting - Intimation of seventh grant of stock options as per Bajaj Auto Employee Stock Option Scheme, 2019

21 July 2026 To To Corporate Relations Department. Corporate Listing Department. BSE Limited National Stock Exchange of India Ltd. 1st Floor, New Trading Ring Exchange Plaza, 5th Floor Rotunda Building, P J Tower Plot No.C-1, G Block Dalal Street, Fort, Mumbai 400 001. Bandra-Kurla Complex Bandra (East), Mumbai 400 051. BSE CODE: 532977 NSE CODE: BAJAJ-AUTO Subject: Intimation of seventh grant of Stock Options pursuant to Bajaj Auto Employee Stock Option Scheme 2019 (‘BAL-ESOS 2019’) This is to inform you that pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and subject to the provisions of SEBI (Share Based Employee Benefits) Regulations, 2014 & 2021, the Compensation Committee of the Board, at its meeting held on 21 July 2026, has granted 4,02,036 stock options convertible into 4,02,036 equity shares of Rs.10 each to the eligible employees of the Company under the BAL-ESOS 2019 at an exercise price of Rs.10,522.50 (being the closing market price as on 20 July 2026) per option. Each of the stock option entitles the holder to apply for one equity share of the Company of Rs. 10 face value. The following are the main terms of the options granted: a) Vesting period: The options would vest not earlier than 1 year and up to 10 years from the date of aforesaid grant of options. b) Pricing formula: The options have been granted at the market price as defined under SEBI (Share Based Employee Benefits) Regulations, 2014 & 2021. c) Exercise period: The Stock Options are exercisable within 5 years from the respective date of vesting. Please take the above on your record. Thanking you. Yours faithfully, For Bajaj Auto Limited Rajiv Gandhi Company Secretary & Compliance Officer ACS 11263 Registered Office Akurdi Pune 411035 India CIN L65993PN2007PLC130076 investors@bajajauto.co.in