The Company has received favorable order where tax demand, together with interest and penalty has been set aside by the Appellant Authority. Accordingly, the impugned order has been quashed ....

Date: August 19, 2026 Ref No.: SEPSL/Sec/SE/2026-27/33 The Secretary The Head-Listing BSE Limited (BSE) Metropolitan Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, (MSE) Dalal Street Bandra 205A, 2nd Floor, Piramal Agastya Corporate Park, Mumbai-400001 Kamani Junction, LBS Road, Scrip Code: 544786 Kurla (West), Mumbai-400070 Symbol: SELECTRIC Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir, Ma’am, Pursuant to Regulation 30 read with Part A of Schedule III and other applicable provisions of the SEBI Listing Regulations, 2015, and further to our earlier communication to MSE dated November 23, 2024 , we wish to inform that the Company has received a favourable Order-in-Appeal under Section 107(11) of the CGST Act against the Order-in-Original (OIO) pertaining to the alleged non-payment of GST under the Reverse Charge Mechanism (RCM) on ocean freight amounting to ₹1,19,167 for the period July 2017 to March 2020. Details of the above, as required under Regulation 30 read with Part A of Schedule III of the SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, set out below: S. Particulars Details 1 Notice/Order Order In Appeal (OIA): 239/2026-27 2 Name of the authority Office of the Commissioner of Central Tax, Appeals-I, Commissionerate, Traffic and Transit Management Centre, BMTC Building, No.9, 5th floor, Domlur, Bengaluru- 560071 3 Nature and details of the The Company has received a favourable Order-in-Appeal under action(s) taken, or order(s) Section 107(11) of the CGST Act against the Order-in-Original passed; (OIO) pertaining to the alleged non-payment of GST under the Reverse Charge Mechanism (RCM) on ocean freight amounting to ₹1,19,167 for the period July 2017 to March 2020, along with applicable interest and penalty of ₹1,19,167. The Appellate Authority has granted substantial relief by setting aside and annulling the entire Order-in-Original No. 202/2024-25 dated November 19, 2024, which had been issued under Section 74 of the CGST Act. Schneider Electric President Systems Limited Regd. Office: 5C/1, KIADB Industrial Area, Attibele, Bengaluru - 562107 Ph: +91 9240298360 | Email: info@schneiderelectricpresident.com Corporate Office: 6th Floor, Avinya Campus, Argon North Tower, Bagmane Solarium City, Kundalahalli Road, Doddanekundi Village, K R Puram Hobli, Bengaluru -560037, Karnataka, India |Ph: +91 9240298097 CIN: L32109KA1984PLC079103 Schneiderelectricpresident.com General 4 Date of receipt of direction or Intimation was received by the Company Secretary on order, including any adinterim Wednesday, August 19, 2026, 17:10 hrs (IST). or interim orders, or any other communication from the authority 5 Details of violation(s)/ Please refer to Para 3. contravention(s) committed or alleged to be committed. 6 Impact on financial, operation The demand for tax amounting to ₹1,19,167, together with the or other activities of the listed applicable interest and penalty of ₹1,19,167, has been completely entity, quantifiable in monetary set aside by the Appellate Authority. The appeal has been allowed terms to the extent possible. in favour of the appellant, and accordingly, the impugned order has been quashed, and the proceedings stand dropped. We request you to kindly take the above submissions on your records. Thanking You! Yours Sincerely For Schneider Electric President Systems Limited Sapna Bhatia Company Secretary & Compliance Officer Schneider Electric President Systems Limited Regd. Office: 5C/1, KIADB Industrial Area, Attibele, Bengaluru - 562107 Ph: +91 9240298360 | Email: info@schneiderelectricpresident.com Corporate Office: 6th Floor, Avinya Campus, Argon North Tower, Bagmane Solarium City, Kundalahalli Road, Doddanekundi Village, K R Puram Hobli, Bengaluru -560037, Karnataka, India |Ph: +91 9240298097 CIN: L32109KA1984PLC079103 Schneiderelectricpresident.com General