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KPE/MAT/JUL/2026/654 July 3, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai - 400001 Bandra (E), Mumbai - 400051 Scrip Code: 539686 Symbol: KPEL Sub.: Press Release – KP Group welcomes Prof. Sunil Kumar Maheshwari as Vice-Chairman as it enters its next phase of growth. Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith a Press Release titled “KP Group welcomes Prof. Sunil Kumar Maheshwari as Vice-Chairman as it enters its next phase of growth.” This is for your information and records. Thanking You, Yours Faithfully, For K.P. Energy Limited Karmit Sheth Company Secretary and Compliance Officer For immediate release KP Group welcomes Prof. Sunil Kumar Maheshwari as Vice-Chairman as it enters its next phase of growth Prof. Sunil Kumar Maheshwari has been appointed as the Vice-Chairman of KP Group. In addition, he has joined the Board of Directors of the Group's three listed companies: KPI Green Energy Limited, KP Energy Limited, and KP Green Engineering Limited. Prof. Sunil Kumar Maheshwari brings nearly four decades of experience across academia, public sector leadership, and industry engagement. He has advised a wide range of organizations across the power, energy, infrastructure, banking, healthcare, logistics, and manufacturing sectors, among others. The power and energy sector has been a significant area of his professional engagement. His consulting, advisory, and research work has focused on strategic transformation, leadership development, organizational restructuring, human capital development, governance, and business turnaround. He has worked with public sector enterprises, multinational corporations, large business groups, government organizations, and international institutions. An alumnus of IIT Delhi and IIM Ahmedabad, has served on the boards of institutions including UCO Bank, Andhra Bank, and NTPC School of Business. He was the Professor of Human Resource Management and Strategy at IIM Ahmedabad, where he previously served as Dean (Alumni and External Relations) as well. Before joining IIM Ahmedabad, he served on the faculty of the National Academy of Indian Railways and the Indian Institute of Management, Lucknow. From 2009 to 2013, Prof. Sunil Kumar Maheshwari served as Advisor to the Minister of Human Resource Development, Government of India. His contributions have been recognized through several honours, including the Gold Medal for Excellence in Service from the National Academy of Indian Railways. Prof. Sunil Kumar Maheshwari's induction to the Board brings together decades of academic expertise, governance, restructuring & turnaround experience, and corporate boardroom exposure, further reinforcing KP Group's leadership bench at a pivotal stage in its journey. Management Commentary Dr. Faruk Patel, Chairman & Managing Director, KP Group, stated: "It gives me immense pleasure to welcome Prof. Sunil Kumar Maheshwari to our Board as Vice- Chairman. I have known him for a long time now and have been personally working with him for past 1 and a half years. Over the years I have come to deeply respect his clarity of thought, his depth of experience, and his commitment to building institutions that lasts. His career reflects a rare combination of academic rigor, governance, and boardroom experience across some of India's most respected institutions. As the organization grows in scale and complexity, his counsel on governance, strategy, and people will be invaluable in shaping how we build for the future. I am confident that his counsel will help us build stronger systems, sharper decision-making, and a leadership culture capable of sustaining our growth for the years ahead. On behalf of the entire KP Group family, I extend a very warm welcome to Prof. Sunil Kumar Maheshwari" About KP Group: Established in 1994, by Dr. Faruk G. Patel, KP Group has grown into a multi-faceted conglomerate with core expertise in renewable energy, infrastructure, and innovation. Over the past three decades, the group has championed sustainability by spearheading transformative projects in wind and solar energy, thereby contributing to India’s green energy mission. With a strong portfolio of renewable energy projects, KP Group has earned a reputation as a trusted partner for companies committed to reducing their carbon footprint. The group remains steadfast in its mission to contribute meaningfully to India’s energy transition while setting new benchmarks in the renewable energy sector. KP Energy Limited Email: secretarial@kpgroup.co Phone: +91 261 2234757 Website: www.kpenergy.in