Outcome of Board Meeting

August 7, 2026 BSE Limited National Stock Exchange of India Limited Luxembourg Stock Exchange Scrip Code: 500440 Scrip Code: HINDALCO Scrip Code: US4330641022 Sub: Outcome of the Board Meeting. Ref: a. Regulations 30 (read with Schedule III- Part A) & 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015; b. ISIN: INE038A01020 and c. Our Intimation dated June 29, 2026. Pursuant to the above referred, kindly note that the Board of Directors of the Company at its meeting held today, inter alia, considered and approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026 [“Results”]. The Results along with Limited Review Reports are attached for your records. The meeting commenced at 12:45 p.m. & concluded at 2:30 p.m. Also please note that the Trading window for dealing in the Company’s securities shall remain closed until 48 hours from this announcement. The same is being communicated to all designated persons. The above is made available on the website of the Company i.e., www.hindalco.com This is for your information and record. Sincerely, Hindalco Industries Limited Geetika Anand Company Secretary and Compliance Officer Encl: a/a Hindalco Industries Limited Registered Office: 21st Floor, One Unity Center, Senapati Bapat Marg, Prabhadevi, Mumbai – 400013, India |T: +91 22 69477000 / 69477150 I F: +91 2269477001/69477090 W: www.hindalco.com |E: hilinvestors@adityabirla.com | Corporate ID No.: L27020MH1958PLC011238 Price Waterhouse & Co Chartered Accountants LLP Review Report The Board of Directors Hindalco Industries Limited 21st Floor, One Unity Center, Sena pa ti Bapat Marg, Prabhadevi, Delisle Road, Mumbai-400013 1. We have reviewed the standalone unaudited financial results of Hindalco Industries Limited (the "Company"), which includes its interest in joint operations and trusts (refer paragraph 3 of the report) for the quarter ended June 30, 2026, which are included in the accompanying 'Statement of Standalone Unaudited Financial Results' (the "Statement"). The Statement has been prepared by the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations, 2015"), which has been initialled by us for identification purposes. This Statement, which is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 2. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the Listing Regulations, 2015, to the extent applicable. 3. The Statement includes the results of the entities listed in Annexure A. 4. Based on our review conducted and procedures performed as stated in paragraph 2 above and based on the consideration of the review report of the auditors referred to in paragraph 5 below, nothing has come to our attention that causes us to believe that the Statement has not been prepared in all material respects in accordance vvith the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015, including the manner in which it is to be disclosed, or that it contains any material misstatement. Price Waterhouse & Co Chartered Accountants LLP, 252, Veer Savarkar Marg, Shivaji Park, Dadar (West) Mumbai-400 028 T: +91 (22) 66697508 Registered office and Head office: Plot No. 56 & 57, Block ON. Sector-V, Salt Lake, Kolkata -700 091 Price Waterhouse & <?o. (a Partnership Firm) converted in~o Price Wa_terhouse ~ Co Chartered Accountants LLP (a Limited Liability Partnership with LLP identity no: LLPIN AAC-4362) with ettect from July 7, 2014. Post its conversion to Price Waterhouse & Co Chartered Accountants LLP, its ICAI registration number is 304026E/E300009 (ICAI rcgIstratIon number before conversion was 304026E) Price Waterhouse & Co Chartered Accountants LLP The Board of Directors Hindalco Industries Limited Page 2 of 3 5. The interim financial statements of one trust reflect total revenue from operations of Rs. Nil, and net loss for the period of Rs. * crores for the quarter ended June 30, 2026 as considered in the Statement. The interim financial statements of the said trust have been prepared in accordance with generally accepted accounting principles applicable to trusts in India, which have been reviewed by the auditor of the said trust under the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", and upon which the trust's auditor vide their review report has issued an unmodified conclusion. The Company's Management has converted the interim financial statements of the said trust from the generally accepted accounting principles applicable to trusts in India to the Accounting Standards specified under Section 133 of the Act. We have reviewed these conversion adjustments made by the Company's Management. Our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of the said trust is based on the review report of the other auditor and the conversion adjustments prepared by the Company's Management as reviewed by us and the procedures performed by us as stated in paragraph 2 above. "Represent figures below the rounding convention used in the Statement. 6. The Statement includes the interim financial information of twelve joint operations and one trust, which have not been reviewed by their respective auditors, whose interim financial information as provided by the Company's Management, reflect total revenue of Rs. Nil, total net loss after tax of Rs. * crores and total comprehensive loss of Rs. ~- crores, as considered in the Statement. According to the information and explanations given to us by the Company's Management, these interim financial information are not material to the Company. * Represent figures below the rounding convention used in the Statement. Our conclusion on the Statement is not modified in respect of the matters set out in paragraphs 5 and 6 above. For Price Waterhouse & Co Chartered Accountants LLP Firm Registration Number: 304026E/E-300009 P rtner Membership Number: 105869 UDIN: 26105869JJRLv1YH3732 Place: Mumbai Date: August 07, 2026 Price Waterhouse & Co Chartered Accountants LLP The Board of Directors Hindalco Industries Limited Page 3 of3 AnnexureA SI. No. Name of the Trust 1 Trident Trust 2 Hindalco Emolovee Welfare Trust SI. No. Name of the Joint Operatio [Showing first 8,000 characters — download PDF for full document]