Shareholders meeting

it Hero August 5, 2026 Asst. Vice President, Listing Deptt., The Secretary, National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Plot C-1, Block G, 25th Floor, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (E), Dalal Street, Mumbai - 400 051 Mumbai - 400 001 Scrip Code: HEROMOTOCO Scrip Code: 500182 Subject: Proceedings of the 43rd Annual General Meeting Dear Sir / Madam, We wish to inform that the 43rd Annual General Meeting (AGM) of the Company was held today, viz. August 5, 2026 through Video Conferencing (VC) / Other Audio Visual Means (OAVM). In this regard, please find enclosed herewith the proceedings of the AGM in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Further, we wish to inform that the results of remote e-voting and e-voting done at the AGM shall be announced within a stipulated time of two working days from the conclusion of meeting. The results will be displayed at the Registered Office of the Company and shall also be placed on the website of the Company, once they are declared. The results would also be placed on the website of National Securities Depository Limited and will be disseminated to the Stock Exchanges, i.e. BSE Limited and National Stock Exchange of India Limited. This is for your information and further dissemination. Thanking you, For Hero MotoCorp Limited, Prabhat Singh Company Secretary & Compliance Officer Encl.: As above Hero MotoCorp Ltd. Regd. Office: The Grand Plaza, Plot No.2, Nelson Mandela Road, Vasant Kunj - Phase -II, New Delhi - 110070, India Tel. +91-11-46044220, Fax +91-11-46044399 I Email: corporate.communicationfteromotocorp.com I www.heromotocorp.com CIN: L35911 DL1904PLC017354 hero Summary of the Proceedings of the 43rd Annual General Meeting of Hero MotoCorp Limited The 43rd Annual General Meeting (AGM) of Members of Hero MotoCorp Limited (Hero MotoCorp / the Company) was held on August 5, 2026 at 11:30 a.m. through Video Conferencing (VC)/ Other Audio Visual Means (OAVM). The meeting was held in compliance with the applicable provisions of the Companies Act, 2013 read with the Rules framed thereunder, the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Ministry of Corporate Affairs General Circular No. 20/2020 dated May 5, 2020, and the subsequent circular issued in this regard, the latest being General Circular No. 03/2025 dated September 22, 2025. Dr. Pawan Munjal, Executive Chairman of the Company, chaired the meeting and welcomed the Members to the AGM and, upon the requisite quorum being present, called the meeting to order. All Board members and Key Managerial Personnel were present at one location. He introduced the Directors, Chief Executive Officer, Chief Financial Officer and the Company Secretary & Compliance Officer present at the meeting, viz. Ms. Tina Trikha, Non- Executive Independent Director (serves as Chairperson of the Audit Committee), Air Chief Marshal Birender Singh Dhanoa (Retd.), Non-Executive Independent Director (serves as a Chairman of Nomination and Remuneration Committee), Mr. Suman Kant Munjal, Non- Executive Director, Mr. Rajnish Kumar, Non-Executive Independent Director, Ms. Camille Tang, Non-Executive Independent Director, Mr. Vikram Sitaram Kasbekar, Executive Director (serves as a Chairman of Risk Management Committee), Mr. Pradeep Dinodia, Non-Executive Director (serves as a Chairman of Stakeholders’ Relationship Committee), Prof. Jagmohan Singh Raju, Non-Executive Independent Director, Ms. Vasudha Dinodia, Non-Executive Director (serves as a Chairperson of Sustainability and Corporate Social Responsibility Committee), Mr. Harshavardhan Chitale, Chief Executive Officer; Mr. Vivek Anand, Chief Financial Officer; and Mr. Prabhat Singh, Company Secretary & Compliance Officer. The Chairman further introduced the representatives of Statutory Auditors Mr. Vijay Agarwal from M/s. Deloitte Haskins & Sells LLP; Secretarial Auditors, Mr. Damodar Prasad Gupta from M/s. SGS Associates LLP; and the Scrutinizer for e-voting, Mr. Devesh Vasisht, Managing Partner at M/s. DPV & Associates LLP. The Chairman informed the Members that the statutory registers under the Companies Act, 2013 along with the documents referred to in the notice of the AGM are available at the NSDL e-voting platform for electronic inspection by the Members till the conclusion of the meeting. As the notice of AGM was made available to all the Members, the same was taken as read. He further informed that there were no qualifications in the Statutory Auditors' Report as well as in the report of the Secretarial Auditors and thus, it was not required to be read. Thereafter, the Chairman delivered his speech. The Chairman commenced his address by welcoming the Members to the Company’s AGM. He expressed his profound gratitude and pride in Hero MotoCorp’s remarkable legacy and journey of growth. He stated that the stakeholders’ trust has remained the greatest asset and the driving force behind Hero MotoCorp’s commitment to continuously reimagine mobility, challenge conventions, and embrace new possibilities. He then mentioned that Hero MotoCorp Ltd. Regd. Office: The Grand Plaza, Plot No.2, Nelson Mandela Road, Vasant Kunj - Phase -II, New Delhi - 110070, India Tel. +91-11-46044220, Fax +91-11-46044399 I Email: corporate.communicationfflheromotocorp.com I www.heromotocorp.com CIN: L35911 DL1904PLC017354 hero over the last four decades, the Company has travelled a remarkable path together with its stakeholders, where what began as a humble mission to mobilize India has evolved into a global movement spanning 53 countries. He then highlighted that under the visionary leadership of Hon’ble Prime Minister Shri Narendra Modi ji, the nation is steadily progressing towards Viksit Bharat 2047 - a developed, prosperous, and self-reliant India. He emphasized that the automotive sector drives India’s economic transformation through green mobility, intelligent manufacturing, and digital innovation. Within this journey, Hero MotoCorp is uniquely positioned to power this transformation. By blending trusted market leadership, world-class smart manufacturing, deep R&D capability, and strong global partnerships, Hero MotoCorp fosters a culture that embraces future-focused innovation. Building on this, he mentioned that this year is particularly special, as Hero MotoCorp retained its global leadership position as the world's largest manufacturer of motorcycles and scooters, for the 25th consecutive year – quarter of a century. He stated that it is an honour to serve over 130 million customers globally, noting that the foundation of the massive, close-knit Hero family is the inspiring legacy of his late father, Founder and Chairman Emeritus, Dr. Brijmohan Lall Munjal- Our Hero Forever. The Chairman elaborated that in FY2025–26, the Company further strengthened its position as a global mobility company - guided by purpose, driven by disciplined execution, and anchored in innovation and customer trust. In FY’26, Hero MotoCorp delivered its highest-ever Revenue from Operations of ₹46,830 crores, EBITDA reached ₹6,871 crores while Profit After Tax expanded to ₹5,268 crores and Return on Capital Employed exceeding 31 percent —supported by the sale of 6.47 million (approximately 65 lakh) motorcycles and scooters during the year. He then proudly mentioned that:  Splendor: Kept its leading position in the core commuter market driven by proven reliability, build quality, and superior fuel efficiency.  Scooters: Expanded market share via successful new launches, specifically the Destini and Xoom models.  Premium Portfolio: Captured younger riders seeking adventure and global styling with the Xpulse 210, Xtreme 250R, Karizma XMR, and Harley-Davidson X440T.  VIDA: Delivered strong momentum, achieving a massive 190% Year-on-Year growth rate.  Global business growth: Scaled international bu [Showing first 8,000 characters — download PDF for full document]