Analysts/Institutional Investor Meet/Con. Call Updates

Bosch Limited Post Box No:3000 Corporate Relationship Department The Manager Hosur Road, Adugodi BSE Limited Listing Department Bangalore-560030 1st Floor, New Trading Ring National Stock Exchange of India Ltd. Karnataka, India Tel +91 80 67523878 Rotunda Building Exchange Plaza, C-1, Block G www.bosch.in Phiroze Jeejeebhoy Towers Bandra-Kurla Complex CIN: L85110KA1951PLC000761 Dalal Street, Fort Bandra (E) Secretarial.corp@in.bosch.com Mumbai – 400 001 Mumbai – 400 051 August 13, 2026 Dear Sir/Madam, Sub: Compliance under Regulation 30 and 46(2)(oa) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) regulations, 2015 - Disclosure of Transcript of the Investors’ Concall Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith the transcript of the investors’ call with Investors/Analysts held on August 11, 2026. This is for your Information and records. Yours faithfully, For Bosch Limited, V Srinivasan Company Secretary & Compliance Officer Registered Office: Bosch Limited, Hosur Road, Bangalore-560030, Karnataka, India Managing Director: Guruprasad Mudlapur, Joint Managing Director: Sandeep Nelamangala “Bosch Limited 1Q FY26-27 Post Results Conference Call” August 11, 2026 MANAGEMENT: MR. GURUPRASAD MUDLAPUR – MANAGING DIRECTOR AND CHIEF TECHNOLOGY OFFICER – BOSCH LIMITED MR. TILLMANN OLSEN – CHIEF FINANCIAL OFFICER – BOSCH LIMITED MODERATOR: MR. ANNAMALAI JAYARAJ – 360 ONE CAPITAL MARKET Page 1 of 12 Bosch Limited August 11, 2026 Annamalai Jayaraj: Ladies and gentlemen, good day, and welcome to Bosch Limited 1Q FY 2026-'27 Post Results Conference Call hosted by 360 ONE Capital Market Research. From Bosch management, we have with us today Mr. Guruprasad Mudlapur, Managing Director; Mr. Tillmann Olsen, Chief Financial Officer. For Mr. Tillmann Olsen, this will be the first investor call, and welcome, sir. At this point, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the management presentation and opening remarks. Over to you, sir. Guruprasad Mudlapur: Good afternoon, everyone, and welcome to our Q1 FY27 earnings conference call. We'll begin with an overview of the current macroeconomic landscape and our outlook. The domestic economy remained resilient in the first quarter of fiscal 2027. This stability was driven by robust private consumption and stable monetary policy from the Reserve Bank of India, which held the benchmark policy repo rate steady at 5.25% under a neutral stance at its August 2026 meeting. While food and energy volatility pushed June headline retail inflation to 4.38%, reaching the RBI's 4% medium-term target for the first time in 17 months. It remains comfortably within the Central Bank's 2% to 6% flexible inflation targeting framework. This policy flexibility is critical for India's macro stability in FY27, allowing the RBI to manage price stability amidst external volatility while prioritizing steady economic growth to avoid policy-induced slowdowns. Given this context, our outlook for the remainder of fiscal 2027 is anchored in strategic reliance -- resilience. We are highly encouraged by RBI's decision to raise its real GDP forecast -- growth forecast for FY26-'27 to 6.7%, up from its previous estimate of 6.6%, backed by strong capital expenditure momentum outlined in the budget, keeping India positioned as the fastest-growing major economy. Our strategy is built to thrive amidst external market dynamics. Our key priorities will remain focused on strengthening our operational resilience in the face of ongoing external uncertainties, enhancing supply chain agility through diversified sourcing and managing commodity and currency risk proactively. Next slide, please. The Indian automotive industry concluded Q1 FY27 on a resilient note, despite the geopolitical disruptions in West Asia, supported by strong domestic demand, lower GST rates and a favourable base effect compared to Q1 FY26. The passenger vehicle demand remained strong during quarter under review despite geopolitical tensions in West Asia, elevated inflation within the RBI's target band, and heat waves across select regions. Demand was supported by sustained preference for SUVs and healthy consumer sentiment. The HCV segment maintained the healthy demand despite the INR7.5 per liter increase in diesel price. The HCV segment maintained its momentum supported by a combination of stable freight activity, steady replacement demand and sustained spending in construction and Page 2 of 12 Bosch Limited August 11, 2026 infrastructure. Continued momentum in key sectors, specifically steel and cement provided a strong foundation for further growth. LCV demand remained robust, driven by healthy last mile logistics, sustained e-commerce and FMCG demand and a low base effect that supported growth momentum. The 3-wheeler sales maintained strong growth momentum, supported by steady passenger mobility demand and increasing last-mile connectivity. The EV segment continued to expand its market share, driven by attractive operating economics and lower running costs. The tractor demand remained resilient despite concerns over an uneven monsoon across parts of the country, supported by healthy farm cash flows from a strong Rabi harvest and pre-Kharif farm activities. The 2-wheeler market recorded robust growth supported by low base effect and resilient rural demand. Next quarter, we expect a resilient 8% growth driven by festive demand, stronger rural cash flows and ongoing infrastructure activity. However, monsoon variability, potential El Nino effect and geopolitical tensions remain key downside risks. Next slide, please. Quarter-on-quarter, the mobility business has grown 25.7% in April-June '26 as compared to April-June '25, driven mainly from the Power Solutions business, which grew by 29%, mainly on account of growth in passenger cars and off-highway segments. The mobility aftermarket recorded a growth of 9.6%, driven by strategic price positioning and rollout of new schemes for key product categories, including lubricants and spark plugs. The 2-wheeler business grew by 41.4%, mainly on account of growth in value-added EMS products, increased sales to premium motorcycle platforms and steady demand from major domestic OEMs. The consumer goods business grew by 20.9%, driven by strong demand for tools supported by marketing campaigns. Sequentially, the mobility business has grown 7.5% in April-June '26 as compared to Jan-March '26, driven mainly from the Power Solutions business, which grew by 5.8%, mainly on account of growth in passenger cars and off-highway segments. The mobility aftermarket business, which grew by 8.7%, mainly on account of strong growth in lubricants, wiper systems and spark plugs. The 2-wheeler business has grown significantly by 20.5%, mainly on account of higher production volumes from 2-wheeler OEMs supported by channel inventory replenishments. The consumer goods business declined by 15.7% due to seasonal factors. Next slide, please. Quarter-on-quarter, revenue from operations in April-June '26 stood at INR58,419 million, which grew by 22% over April-June '25. The growth was driven mainly by higher sales in Power Solutions and 2-wheeler Powersports segments as seen in the previous slide. Likewise, the revenue for the period April-June '26 grew by 5% over April -- Jan-March '26 from INR55,657 million to INR58,419 million. This growth was driven by strong performance in Power Solutions and mobility aftermarket segments. Page 3 of 12 Bosch Limited August 11, 2026 The EBITDA for April-June '26 was INR8,180 million, which grew by 28% over the same quarter of previous year. The improvement in EBITDA margin was primarily driven on account of growth in revenue and optimization of expenses. EBITDA for period April-June '26 was INR8,180 mill [Showing first 8,000 characters — download PDF for full document]