Please find enclosed transcript of audio call recording of Analyst/institutional investor meeting held on 14th August 2026

Date: 19th August 2026 National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, 5th Floor, Plot No. C-1, Phiroze Jeejeebhoy Towers, G Block, Bandra- Kurla Complex, Dalal Street, Fort Bandra (East), Mumbai – 400051, Mumbai – 400001, Maharashtra, India Maharashtra, India NSE Scrip Code –SKFINDUS BSE Scrip Code -544572 Subject: Intimation - Transcript of Analyst/Institutional Investor Meeting held on 14th August 2026 Reference: Our intimations dated 10th August 2026 and 14th August 2026 Dear Sir/Madam, Pursuant to Regulation 30 and 46 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the transcript of audio call recording of the Company’s Analyst/Institutional Investor Meeting held on Friday, 14th August 2026 at 11:00 am (IST) to discuss the Financial Results for the first quarter ended 30th June 2026. The transcript is also available on the website of the Company: https://www.skf.com/in/investors/skf-india-industrial-ltd/financial-results We request you to take the above information on record. Thanking you, Yours faithfully, For SKF India (Industrial) Limited Poorva Bang Company Secretary & Compliance Officer SKF India (Industrial) Limited Registered office: Chinchwad Gaon, Chinchwad, Pune 411033, Maharashtra, India Tel: +91(20) 6611 2501, Fax no: +91 (20) 6611 2396, Email id: industrialindia@skf.com CIN:L28140PN2024PLC236396 “SKF India (Industrial) Limited Q1 FY 2026-'27 Earnings Conference Call” August 14, 2026 MANAGEMENT: MR.MUKUNDVASUDEVAN – MANAGING DIRECTOR– SKFINDIA(INDUSTRIAL) LIMITED MR.ASHISH SARAF– CHIEFFINANCIAL OFFICER-- SKFINDIA(INDUSTRIAL) LIMITED MR.SUJEETHPAI -- DIRECTOR,OPERATIONS – SKF INDIA (INDIUSTRIAL) LIMITED MS.PRABHSHARANKAUR– CORPORATE COMMUNICATIONS – SKFINDIA(INDUSTRIAL) LIMITED Page1of13 SKF India (Industrial) Limited August14, 2026 Moderator: Ladies and gentlemen, good morning and welcome to the SKF India(Industrial)Limited Q1 FY 2026-'27 Earnings Conference Call. For the smooth conduct of the meeting, all participants are in listen-only mode. A brief question-and-answer session will follow the formal presentation. Should you need assistance during the conference call, please press * then 0 on your touch-tone telephone. As a reminder, this conference is being recorded. I would now like to hand the conference over to Prabhsharan Kaur from Corporate Communications department of SKF India (Industrial) Limited. Thank you and over to you, ma'am. Prabhsharan Kaur: Good morning everyone. Thank you for joining us today. With us, we have SKF India Industrial’s Managing Director, Mr. Mukund Vasudevan; our CFO, Mr. Ashish Saraf; and our Director, Operations, Mr. Sujeeth Pai. The purpose of today's call is to share our Q1 FY 2026-'27 results. Please note that the financial information from 17th December, 2024 to 31st March, 2025 and from 1st April, 2025 to 30th September,2025 as reported in the presentation shared has been extracted and may involve some assumptions by the management from the financial information of SKF India Limited, pertaining to the demerger industrial undertaking. These are prepared in accordance withthe Appendix C of Ind AS 103 Business Combinations by using the financial information maintained by the SKF India Limited, the demerged company. Before I turn the call over to the management, I would like to remind you that in this call, some of the remarks contain forward-looking statements which are subject to risk and uncertainties and actual results may differ materially. Such statements are based on the management belief as well as the assumption made by and on the information currently available to the management. The audience is cautioned not to place undue reliance on these forward-looking statements and making any investment decision. The purpose of today's call is to purely educate and bring awareness about the company's fundamental business and the financial quarter under review. Let me turn the call over to Mr. Mukund Vasudevan now. Sir, please. Over to you. Mukund Vasudevan: Thank you, Prabhsharan. Just a quick voice check. Can you hear me? Prabhsharan Kaur: Yes, sir. Mukund Vasudevan: Okay. So, welcome everyone to the Q1 FY 2026-2027 investor call we arehaving-- at SKF India Industrial. This is the first investor call we are having and we are very happy to share with you our results. Along with me are my--our CFO, Ashish Saraf, and our Head of Operations, Sujeeth Pai. In the course, they will support me wheneverI need their help. I would also like to congratulate at this moment Mr. Sujeeth Pai, who will be taking over as Managing Director of SKF India Industrial effective September 1st, as you see in the SEBI announcement, as I step into a role to manage the larger region forIndustrial Region of India, Southeast Asia & Middle East within SKF Group. Page2of13 SKF India (Industrial) Limited August14, 2026 I'm now going to walk you through the presentation which has sharedwith each one of you. I'm now on the slide which has macro indicators, strategic growth drivers, and highlights summary. Let me firsthighlighteconomic trends. As you all know, Indian economy is still pretty strong, whereas the GDP numbers may vary a little bit, the GDP is in the range of 6.5% to 7.5% depending on who you talk to. Our inflation has crept up a bit and you will see that it is primarily due to fuel prices and a bit due to food prices. We expect that tocontinue to be in the same range or maybe get worse--a little worse as the monsoons have been a bit weak. Industrial--been a strong point. It has been rebounded, it rebounded quitesincelast quarter.Theoutlook for India and for exports continues to be robust. If I move to the next slide, Slide 6, which is specific sector, even with--stick at a macro level, the sectors, if you look at construction, the value-added to GDP in billion INR is continuing to growsteadily as we saw in each quarter.The metric tons of steel produced is also growing, while it has a little bit of a dip Q1, the steel production is something which is continuing to be added in the country. And finally onwind,we are nowthe fourth largest wind capacity in the world. Hold on, I just got a note that my voice is breaking, so I'm going to change my headset. All right, can you confirm you can hear me? Prabhsharan Kaur: Yes, Mukund, if you could just come--be a bit louder also. Mukund Vasudevan: Okay. All right. I'm still on Page 6 where I said that industry is doing well. Steel production is still going strong, even though it had dip in Q1 2027, the capacity trend in the long-term continues to be significant. And wind addition--wind capacity addition is the fastest growing in the world and it is the4thlargest wind capacity in the world right now, growing at almost 10%. All these are macros which help our business, especially theIndia Industrial business. If I now--Slide 8 where I talk about the strategic growth drivers. As you know,asIndustrial, we have built -- we are trying to build more focused, agile company delivering value to our industrial customers. And our strategy consists of four pillars; one,localization,expanding our industrial focused manufacturing footprint in the region. second is innovation, which is empowering our customers through innovative and customized solutions. Digitalization and reliability solutions, which is around predictive monitoring and maintenance and helping our customers reduce their downtime. And finally,people focus, which is developing our capability and talent. If I go to the next page, Page 9, I give a few examples of how we have made progress on each one of these pillars of SKF India Industrialstrategy.Localization, we have set up a tapered roller bearing line which is used extensively in several industries. It's used in gearboxes, it's used in highway equipment,et cetera. We have now set up a new line in Pune which is going to support not just India, butalso export market. This will provide 3 million un [Showing first 8,000 characters — download PDF for full document]