We are enclosing herewith the transcript of the Conference Call held of 3rd August, 2026, for your information and reference.

Page 1 of 17 KANSAI NEROLAC PAINT 10th August, 2026 1. Corporate Relationship Department 2. Manager – Listing BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai - 400001 Mumbai – 400051 Sub.: Q1 FY 2026-27 Financial Results Conference Call – Transcript Ref.: 1. Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 2. BSE Scrip Code - 500165, NSE Symbol - KANSAINER Dear Sirs, This is further to the intimations done by the Company on 22nd July, 2026 and 3rd August, 2026, with respect to the Conference Call hosted by the Management of our Company on Monday, 3rd August, 2026 at 17:00 hrs India Time to discuss Q1 FY 2026-27 Financial Results of the Company. The Conference Call was in the nature of a group call. We are enclosing herewith the transcript of the Conference Call for your information and reference. For KANSAI NEROLAC PAINTS LIMITED G. T. GOVINDARAJAN COMPANY SECRETARY Encl.: As above KANSAI NEROLAC PAINTS LIMITED Registered Office: 28th Floor. A-wing. Marathon Futurex. N. M. Joshi Marg, Lower Parel. Mumbai -400 013. India T +91 22 4060 2500/2501 I www.nerolac.com CIN L24202MH1920PLC000825 Page 2 of 17 “Kansai Nerolac Paints Limited Q1 FY '27 Earnings Conference Call” August 03, 2026 NEROLAC IC/Cl Securities MANAGEMENT: MR. PRAVIN CHAUDHARI – MANAGING DIRECTOR – KANSAI NEROLAC PAINTS LIMITED MR. YASH AHUJA – CHIEF FINANCIAL OFFICER – KANSAI NEROLAC PAINTS LIMITED MR. JASON GONSALVES – DIRECTOR-CORPORATE PLANNING, IT AND MATERIALS – KANSAI NEROLAC PAINTS LIMITED MODERATOR: MR. ANIRUDDHA JOSHI – ICICI SECURITIES LIMITED Page 1 of 16 Page 3 of 17 Kansai Nerolac Paints Limited NEROLAC [(~~SAi August 03, 2026 Moderator: Ladies and gentlemen, good day, and welcome to Kansai Nerolac Q1 FY '27 Earnings Conference Call hosted by ICICI Securities Limited. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing star then zero on your touch-tone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Aniruddha Joshi from ICICI Securities Limited. Thank you, and over to you, sir. Aniruddha Joshi: Yes. Thanks, Nithya. On behalf of ICICI Securities, we welcome you all to Q1 FY '27 Results Conference Call of Kansai Nerolac Paints Limited. We have with us today senior management represented by Mr. Pravin Chaudhari, Managing Director; Mr. Yash Ahuja, Chief Financial Officer; and Mr. Jason Gonsalves, Director, Corporate Planning, IT and Materials. Now I hand over the call to the management for initial comments on the quarterly performance, and then we will open the floor for question-and-answer session. Thanks, and over to you, Pravin, sir. Pravin Chaudhari: Yes. I'll request Jason to walk you through the presentation. Jason Gonsalves: Good evening and greetings to everyone, and thank you for joining us for this investor conference call. We appreciate the continued confidence of our shareholders, analysts and stakeholders. Today, I will walk you through the key developments of the quarter. I'd like to begin by restating our vision and mission. Our purpose is to create environments for a healthy and beautiful future. Our vision is we design solutions that protect, inspire and touch lives every day. And our ESG commitment, which is we are water positive, emission reduction and green energy. Coming to our brand. For over a century now, Nerolac has established itself as a trusted heritage brand, synonymous with excellence, innovation and leadership in the paint industry. Our enduring success is anchored in strong research and development capabilities and strategic global technology partnerships. This is particularly evident in our Industrial Coatings business, where we deliver advanced high- performance solutions across a wide range of applications. In an increasingly competitive marketplace, Nerolac continues to enjoy strong brand recall and consumer trust, consistently maintaining its position as the second most recognized paint brand in India in terms of top-of- mind awareness. One of Nerolac's most iconic brand assets is its timeless Jingle, which has strengthened its generations and has remained deeply embedded in consumer memory for over 3 decades. This enduring cultural connect continues to strengthen our brand identity and foster lasting emotional resonance with consumers. Page 2 of 16 Page 4 of 17 Kansai Nerolac Paints Limited NEROLAC [(~~SAi August 03, 2026 Nerolac remains focused on shaping the future through breakthrough product innovation and technological advancement. Our portfolio of sustainable solutions reflects a steadfast commitment to responsibility, progress and customer trust, ensuring that we not only address the needs of today, but also contribute to a better tomorrow. Emotional connect builds long-term equity and Nerolac continues to nurture this bond through meaningful consumer engagement and a consistent brand experience. Looking ahead, our technological expertise will play an increasing significant role in strengthening our decorative paints business. By leveraging innovation, we are well positioned to introduce category-defining products that cater to a growing demand for premium and differentiated products. A notable example is our Paint+ range, an exclusive portfolio of pioneering solutions that has created new benchmarks in the decorative paints category, delivering distinctive value and superior experience to the Indian consumers. We have introduced our employee value proposition this year, and it is where our passion takes color, reflecting our belief that the passion of our workforce is central to everything we do. Through this proposition, we aim to foster a positive environment that encourages growth, ownership, continuous learning and open communication across the organization. Now coming to the business environment that we saw in the first quarter. In the first quarter, we saw 6 significant things. There was a significant oil price increase. The rupee depreciated sharply. There was a geopolitical challenge because of the West Asia crisis. We saw good demand in automotive and continued focus on infrastructure. And of course, there was a delayed offset of monsoon. Now speaking about our decorative strategy, which is built on 6 pillars, new products, project business, construction chemicals, waterproofing and wood finish, branding and media spend, influencer program and network expansion and focused geography. We are driving this 6- pronged decorative strategy through strategic digital technologies like CRM, scheme management, integrated business planning and distributor management software. Now coming to the decorative highlights. Let's first focus on the retail side. Here, services is aiding the primary business with mid-single-digit percentage contribution of -- to the decorative business. Our PaaS is present now in more than 250-plus cities. AID, our architect and interior designer program is present in 45-plus cities. And our Pragati program for painters now covers 65,000 painters in terms of participation in quarter 1. Coming to our project and institutional business, where we recorded a double-digit growth. Our geographical reach is today at 80-plus cities. We have a strong pipeline of project sites, and we have a complete range of products called Super Series for the project business. Our -- in the network expansion, we added 1,700 dealers in this quarter, and our distribution network continues to expand in low-presence towns. Coming to the construction chemicals. There, we recorded a double-digit growth. We are exploring and executing international collaborations for launching technology-backed solu [Showing first 8,000 characters — download PDF for full document]