Typographical errors in the Annual Report for the Financial Year 2025-26

20th August 2026. National Stock Exchange of India Limited, BSE Limited, “Exchange Plaza”, P.J. Towers, Bandra-Kurla Complex, Bandra (East), Dalal Street, Mumbai-400051. Mumbai-400001. Dear Sirs, Sub.: Typographical errors in the Annual Report for the Financial Year 2025-26. Ref.: Regulation 34 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. In continuation to our letter dated 15th August 2026, we wish to inform that, through oversight, following typographical errors have inadvertently crept-in in the Annual Report: Ref. to Existing Corrected Annual Report Page No.49 National flags for The Netherlands and Corrected the national flags for The Denmark swapped Netherlands and Denmark Page No.71 During FY26, the Audit Committee met During FY26, the Audit Committee met “four” times “six” times Page No.72 83,738 Volunteering Hours 85,738 Volunteering Hours. Enclosed please find the Annual Report after making the aforesaid typographical corrections. We wish to emphasise that none of the above typographical corrections are material in nature or have any impact on any financial numbers. We regret the inadvertent errors. Request you to take the corrected version of the Annual Report on records. Thanking you, Yours faithfully, For Suzlon Energy Limited Geetanjali S.Vaidya, Company Secretary. Encl.: As above. We are in the middle of the fastest, widest, and deepest energy transition in human history. Cities are growing. Industries are electrifying. The world needs more power than ever before. Wind, solar, battery storage, digital intelligence, predictive analytics, and grid-smart controls must deliver flexible, stable, round-the-clock renewable power in the new, energy-intensive future. That’s why Suzlon is evolving. From a pure-play wind company to a full-stack renewable energy solutions provider to deliver on our promise: Good Energies That Work. GOOD (What We Create): GOOD Beneficial for customers, communities, economies, and the environment, while infusing positive human energy into every project. ENERGIES ENERGIES (What We Deliver): Embodies the clean, renewable power we harness and scale. THAT WORK THAT WORK (How We Prove It): Delivering on demand, performing under pressure, and proving capabilities. Annual Report 2025-26 HOW 04 Company 20 Address from the Information Chief Executive Officer GOOD 06 Suzlon’s 22 India’s Renewable ENERGIES Manifesto Energy Trends and Outlook WORK 08 Suzlon’s 24 Key Performance Leadership Indicators FY26 16 Address from the 26 FY26 Chairman and Highlights Managing Director 18 Global Renewable 30 Awards and Energy Trends and Recognitions Outlook All data mentioned in Suzlon's Annual Report for FY26, unless specified otherwise. Corporate Overview Statutory Reports Financial Statements 34 Suzlon 2.0 54 Statutory Reports Management Discussion and Analysis Directors’ Report 36 Corporate Corporate Governance Report Overview 38 Financial 168 Business Highlights Responsibility and Sustainability Reporting 40 Full-Stack 262 Financial Statements Renewable Energy Standalone Services Financial Statements Form AOC-1 Consolidated 46 Clientele Financial Statements 48 Suzlon’s 454 Notice Competitive Edge Annual Report 2025-26 COMPANY INFORMATION Suzlon Energy Limited | CIN: L40100GJ1995PLC025447 Board of Directors Vinod R. Tanti (DIN: 00002266) Girish Vanvari (DIN: 07376482) Chairman and Managing Director (appointed as an Independent Director w.e.f. February 24, 2026) Girish R. Tanti (DIN: 00002603) Non-Executive Independent Director Executive Vice Chairman Per Hornung Pedersen (DIN: 07280323) Sameer Shah (DIN: 08702339) (ceased w.e.f. September 28, 2025) Non-Executive Independent Director Non-Executive Independent Director Seemantinee Khot (DIN: 07026548) Gautam Doshi (DIN: 00004612) Non-Executive Independent Director (ceased w.e.f. May 4, 2026) Non-Executive Independent Director Pranav Tanti (DIN: 02957770) Non-Executive Director Group Chief Executive Officer Group Chief Financial Officer Ajay Kapur Rahul Jain (appointed w.e.f. February 24, 2026) (appointed w.e.f. December 15, 2025) J. P. Chalasani Mr. Himanshu Mody (continues as Key Managerial Personnel (resigned w.e.f. close of business hours w.e.f. February 24, 2026) of August 31, 2025) Company Secretary Geetanjali S. Vaidya ICSI Membership No.A18026 Corporate Overview Statutory Reports Financial Statements Statutory Auditor M/s. Walker Chandiok & Co. LLP Firm Registration No 001076N/N500013 3rd Floor, Unit No. 309, West Wing, Nyati Unitree Nagar Road, Yerwada, Pune – 411006 Lenders Barclays Bank PLC IDFC First Bank Limited RBL Bank Limited CSB Bank Limited IndusInd Bank Limited REC Limited (REC) First Abu Dhabi Bank PJSC Kotak Mahindra Bank Limited Sumitomo Mitsui HDFC Bank Limited MUFG Bank Limited Banking Corporation ICICI Bank Limited Qatar National Bank Limited Registered office Corporate office “Suzlon”, 5, Shrimali Society, Near Shri Krishna One Earth, Hadapsar, Complex, Navrangpura, Ahmedabad - 380009, Pune - 411028, Maharashtra, India Gujarat, India | Tel.: +91.79.6604 5000 Tel.: +91.20.6702 2000 Website: www.suzlon.com Email: investors@suzlon.com Registrar and Share Transfer Agent KFin Technologies Limited Selenium, Tower B, Plot 31 and 32, Financial District, Nanakramguda, Serilingampally Mandal, Rangareddi, Hyderabad-500032, Telangana, India Toll Free No. 1-800-309-4001; Website: www.kfintech.com; Email: einward.ris@kfintech.com SUZLON’S THE WORLD MANIFESTO WILL ONLY BE AS GOOD AS THE ENERGIES THAT DRIVE IT... Because good energy is everything. That’s why, at Suzlon, we bring good energies to work. Three decades ago, we pioneered wind energy in India. With that expertise, we are now advancing the future of all renewable technologies. Wind, solar, storage. We create, manage, and deliver end-to-end good energy solutions. Built on digital pathways. So energies are always good. Always smart. Today, as the world stands at the cusp of a high-energy future, we, at Suzlon, are all set to power it. We are leading and orchestrating the new energy ecosystem, ensuring the progress of people and organisations is unstoppable. We are constantly creating good energies to make the new world work. GOOD ENERGIES THAT WORK RE Tech: Wind | Storage | Solar RE DevCo RE Projects RE AMS Annual Report 2025-26 SUZLON’S LEADERS OF LEADERSHIP RENEWABLE ENERGY AND CLIMATE ACTION Corporate Overview Statutory Reports Financial Statements BOARD OF DIRECTORS VINOD TANTI GIRISH TANTI Chairman & Managing Director, Suzlon Group Co-founder, Suzlon Group Vinod R. Tanti is a founding member of Suzlon Girish R. Tanti is a founding member of Suzlon Energy Limited. He has a Bachelor’s degree Energy Limited. He has a Bachelor’s degree in in Civil Engineering and extensive experience Electronics & Communication Engineering and of over three decades managing various key a Master’s degree in Business Administration functions at Suzlon, including manufacturing from the United Kingdom. He brings to Suzlon and supply chain. extensive experience of about three decades in renewables and international business. He With a strong techno-commercial background, possesses a unique blend of understanding the he has handled diverse portfolios like wind dynamics of technology and strong business resource assessment, acquisition, product acumen. Over the years, he has played several design, prototyping, comprehensive supply key roles, including incubating the renewable management, project execution, and lifecycle energy business in 1995, establishing technology management through operations and development centres in Europe and India, maintenance services. He brings to Suzlon his setting up the global supply chain, developing vast experience of the complete wind energy wind markets across India, establishing global value chain as well as his process-centricity business operations, and spearheading corporate and drive for innovation. Suzlon established develo [Showing first 8,000 characters — download PDF for full document]