Analysts/Institutional Investor Meet/Con. Call Updates

17th August 2026 The National Stock Exchange of India The BSE Limited Limited Corporate Relationship Dept. Exchange Plaza, 5th Floor 1st Floor, New Trading Ring, Plot No. C/1, G Block Rotunda Building Bandra Kurla Complex Phiroze Jeejeebhoy Towers Bandra(E) Dalal Street, Fort Mumbai – 400051 Mumbai – 400001 Code: EIHOTEL Code: 500840 Sub: Transcript of Investor Meet / Call held on 12th August 2026 Dear Sirs / Madam, Pursuant to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we hereby submit transcript of the Investor Meet/Call held on 12th August 2026, in respect of Unaudited Financial Results of the Company for the quarter ended 30th June 2026, which were considered and approved by the Board of Directors of the Company, at its Meeting held on 6th August 2026. The above may please be taken on record. Thank you, Yours faithfully, For EIH Limited Lalit Kumar Sharma Company Secretary CIN: L55101WB1949PLC017981 Corporate Office: 7, Sham Nath Marg, Delhi – 110 054, India/ Telephone: +91 - 11- 2389 0505 / Website:www.eihltd.com, Email: isdho@oberoigroup.com Registered Office: N-806-A, 8th Floor, Diamond Heritage Building, 16, Strand Road, Fairley Place, Kolkata - 700001 Internal TRANSCRIPT Q1FY27 Result Webinar on Wednesday, August 12, 2026 Mr. Vikram Oberoi, MD & CEO Mr. Vineet Kapur, CFO Navin B. Agrawal | Head, Institutional Equities +91 98200 27446 | navin.agrawal@skpsecurities.com Internal Q1FY27 Result Webinar Transcript Mr. Navin Agrawal - Head - Institutional Equities, SKP Securities Ltd: Good morning, ladies and gentlemen, and thank you for attending this virtual meeting. I'm pleased to welcome you on behalf of EIH Ltd. and SKP Securities to EIH Ltd.'s Q1 FY27 earnings webinar. We have with us Mr. Vikram Oberoi, Managing Director and Chief Executive Officer, and Mr. Vineet Kapur, Chief Financial Officer. Friends, this virtual meeting is being recorded for compliance reasons, and during the discussion, there may be certain forward-looking statements that must be reviewed in conjunction with the risks that the company faces. We'll have the opening remarks from Mr. Oberoi, followed by a Q&A session. Thank you, and over to you, Vikram. Mr. Vikram Oberoi – MD & CEO, EIH Limited: Good morning, ladies and gentlemen, and a warm welcome. You would have seen our Q1 results, and there are just a couple of points I'd like to highlight. One is that we had both on standalone and consolidated strong revenue growth. EBITDA margin was impacted for several reasons, which Vineet and I will cover during the presentation. And the other point I wanted to highlight was that really what has stood out for us is strong domestic demand. Despite the West Asia crisis that impacted foreign arrivals at our hotels, we were still able to do well and drive revenue growth, largely driven by the domestic market. With that, I will hand over to Vineet to make the presentation, and then we'll be able to answer any questions that you have. Thank you very much. Mr. Vineet Kapur – CFO, EIH Ltd: Thank you, Vikram. Good morning, everyone, and thank you for joining us. We'll begin with a brief overview of our performance for the quarter, followed by key business updates, and then we'll open the floor for questions. Industry Performance: The industry performance for Q1 was positive, both for occupancy and ARR. Occupancy was higher by 2 to 4 percent, and ARR by 6 to 8 percent. The domestic demand offset the impact of lower foreign bookings on account of geopolitical situation. For the current year, we continue to see increase in ARR due to limited supply, and MICE events like BRICS as well as Aviation show, which will happen in the later part of the year. And we hope and expect the foreign tourist arrivals coming back to normalcy in Q3 and Q4. We are working on a robust expansion plan of almost 30 new properties, which will be in operation by 2031, which includes managed as well as our owned hotels. RevPAR Leadership over STR Competition Set EIH continues to maintain leadership over the competition set. In Q1, EIH hotels occupancy improved. So MPI was at 108 as compared to 106 last year, though the ARI was almost flat, both 115 and 115. But the increase in occupancy helped us grow the RGI, where we went from 121 to 125 percent over our comp set. 14 out of 15 hotels are ranked 1st and 2nd, wherein STR provides benchmarking. Out of that, 8 hotels Internal Q1FY27 Result Webinar Transcript are ranked 1st and 6 hotels are ranked 2nd in the comp set. Mr. Vikram Oberoi – MD & CEO, EIH Limited: Vineet, may I just add a couple of things that may be relevant. And I'm sure people on the call will be aware of this. So sorry if you're aware of what I'm saying. Please forgive me. People give data on comp set information. And really, depending on who you select as your comp set, you can get varying numbers. And I think it's important for one to understand which hotels are on the comp set, because if you really were to do it, establish your comp set with doing it as fairly as possible to truly reflect who your competitors are, then your RGI numbers are really of value. If you select competitors to show good numbers, then obviously relative to the competition you've selected, you will do better. So I think it's very important at EIH, I can say with absolute assurance that we select our comp set based on what we believe are our true competitors. We do not do it with the objective of showing good numbers. We do it with the objective of really measuring ourselves against our competitors. And that's why just a deeper understanding of who the comp set is, is always useful. Then you can really see, are these really your true competitors or not. I just wanted to add that to what Vineet was saying. Mr. Vineet Kapur – CFO, EIH Ltd: RevPAR Growth of Oberoi Brand Thank you. So coming on the next slide, which talks about the RevPAR growth of Oberoi brand. Oberoi brand falls in the luxury segment and luxury segment saw a growth of 13.2% on RevPAR, while Oberoi hotels saw a growth of 8.2% in Q1. Our growth was lower than the industry, mainly because of Oberoi Rajgarh, which got added last year. And that is still in the ramp up and the stabilization stage. If we exclude Rajgarh, our RevPAR growth was 11.4%. And considering that we are already working on a very higher base, the growth of 11.4% was still substantial. Mr. Vikram Oberoi – MD & CEO, EIH Limited: Vinit, can I just add one thing for Oberoi, also is, and it applies to a lesser extent to Trident. Oberoi hotels attract a higher percentage of foreign business. And that was impacted because of the West Asia crisis. So it's Rajgarh of course, but it's also the West Asia crisis and the decline we saw in people coming in from overseas markets. Of course, we saw buoyant domestic demand, but international rates typically or international guest propensity to pay is higher than it is domestically. Mr. Vineet Kapur – CFO, EIH Ltd: The next slide reflects about the Trident brand, which falls in upper upscale segment. For Q1, this segment saw a growth of 9.2% for the industry, while Trident hotels had a growth of 13.8%, both on account of occupancy and ARR. Our hotels in Mumbai, both TNP and BKC did well in terms of both occupancy and ARR, which reflected a good growth versus the industry for our brand. And if you look at RGI, we were at 162 versus 155 last year. Occupancy Trends Internal Q1FY27 Result Webinar Transcript Q1 occupancy trend for the quarter was higher than last year. Last year got impacted, especially May, got impacted by Operation Sindoor, which resulted in occupancy de-growth and was down to 62%. So we saw a good occupancy as well as ARR growth in Q1. And that was in spite of the fact that we got impacted by the Iran-US war, mainly because of foreign tourists. But because of good domestic demand and positive trends, we were able to offset that. And in overall, in net, our RevPAR grew from [Showing first 8,000 characters — download PDF for full document]