Investor Presentation

August 24, 2026 The Secretary, Listing Department The Manager, Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai 400 051 Scrip Code: 500850 Scrip Code: INDHOTEL Sub: Analyst / Investor Presentation Dear Sir/ Madam, This is further to our disclosure and press release dated August 24, 2026, intimating the approval of the Board of Directors to the Scheme of Arrangement between Oriental Hotels Limited (‘OHL’), the Company and their respective shareholders, for the amalgamation of OHL into and with the Company. In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015, as amended, please find enclosed herewith a copy of an Investor-Update presentation titled ‘Merger of Oriental Hotels Limited with IHCL’. The above information is also being made available on the Company’s website at www.ihcltata.com This is for your information and records. Yours Sincerely, For The Indian Hotels Company Limited Melisa Alva Senior Vice President & Company Secretary Mem No: A34774 Place: Mumbai Encl.: a/a MERGER OF ORIENTAL HOTELS LIMITED WITH IHCL INVESTOR UPDATE | 24th AUGUST 2026 MERGER OF OHL WITH IHCL TRANSACTION SUMMARY STRATEGIC OBJECTIVES ✓ Currently, IHCL & its subsidiaries hold 37.1% ✓ Addition of 7 hotels to IHCL Standalone, stake in OHL, which is an associate company including 3 freehold properties of IHCL ✓ Enhanced financial profile - Increase in Building the ✓ IHCL & OHF Lr o Bom ar dT su hr an va er ao pu pn rod v ed a scheme Revenue and profitability Organisation for the of arrtaon gSeumsetanti ntoe md ePrgreo fOitriaebntialil tHyotels ✓ EPS accretive transaction from year 1 Next Phase of Growth Limited (OHL) with IHCL as part of IHCL’s group simplification strategy ✓ Deploying capital to unlock asset management opportunities ✓ Equity shares used as currency ✓ Simplification of group structure & increase shareholding in key group companies Win-win merger, potentially creating value for both companies and their shareholders ORIENTAL HOTELS LIMITED | PORTFOLIO OVERVIEW 7 825 Southern India Region Hotels Rooms Freehold Freehold Freehold Gateway Coonoor Vivanta Mangalore Taj Coromandel, Chennai Taj Fisherman’s Cove, Chennai Vivanta Coimbatore Taj Coromandel, Chennai Taj Fisherman's Cove, Chennai Gateway Coonoor Taj Malabar, Kochi Gateway Madurai 212rooms · ~3 acres 149 rooms · ~36 acres 32 rooms · ~5 acres Leased Leased Leased STRENGTHENING IHCL PRESENCE ACROSS SOUTHERN INDIA IHCL Consol. OHL Operating Total State Full Service Hotel Keys Keys Taj Malabar, Kochi Gateway Madurai Vivanta Mangalore Hotel Keys 95rooms · ~2.4 acres 63 rooms · ~63 acres 96 rooms · ~1 acres Tamil Nadu 187 634 821 Leased Karnataka 906 96 1,002 Kerala 186 95 281 Total 1,279 825 2,104 2,100+ Total Operating Keys Post Merger Vivanta Coimbatore Note: The above map pertains to the southern part of India. The geographic representation is indicative in nature and may not 178 rooms · ~2 acres accurately reflect scale, distance, or boundaries. PROPOSED TRANSACTION STRUCTURE - SHARE SWAP OHL shareholders receive For every Swap Ratio 25 shares 117 shares IHCL : OHL 1 : 4.68 of IHCL of Oriental Hotels Limited ~17.9 Cr ~2.32 Cr1 (~1.6% Dilution) TOTAL OHL SHARES OUTSTANDING NetIHCL SHARES TO BE ISSUED 1st Apr 2027 FY28 All-stock Deal Appointment Date for financial Targeted merger (Tax efficient structure) consolidation completion 1. Share issuance is net of ~8 Lakh IHCL shares held by OHL. These will be extinguished as part of the scheme of arrangement, ifthey continue to be held by OHL on the effective date. SIMPLIFICATION OF HOLDING STRUCTURE – IHCL GROUP PUBLIC SHAREHOLDERS PROMOTERS IHCL + former OHL public & promoter (TATA GROUP) group (post swap) I H C L OHL Merged into IHCL 2 additional operating subsidiaries IHCL EFFECTIVE SHARE — OHL/IHCL KEY COMPANIES OHL Intl. (HK) -WOS Taj Kerala Taj Karnataka Taj Madurai 100% 32% 55% 52% Overseas Hold Co. Stake increased Subsidiarized Subsidiarized (IHCL 29% + OHL 3%) (IHCL 45% + OHL 10%) (IHCL 26% + OHL 26%) Lanka Island Resorts St. James Court TAL Hotels & Resorts • Cross-holdings significantly reduced 48% 88% 49% • Direct ownership Stake increased Stake increased Stake increased • Simpler governance (IHCL 25% + OHL 23%) (IHCL 80% + OHL 9%) (IHCL 28% + OHL 22%) POTENTIAL ASSET MANAGEMENT OPPORTUNITIES Taj Fisherman's Cove Taj Coromandel, Vivanta Gateway Resort & Spa, Chennai Chennai Coimbatore Madurai Additional villas Renovation and upgrade Overall renovation Future expansion & MICE venues of F&B and Chambers & upgrade opportunity GROWTH MATRIX COMPARISON YEAR AFTER YEAR IHCL 19% 21% 23% 28% FY23-26 CAGR REVENUE EBITDA PAT (BEI)* Reported PAT 7% 5% 8% 8% FY23-26 CAGR REVENUE EBITDA PAT (BEI)* Reported PAT *PAT before exceptional Items OHL SUMMARY FINANCIALS DRIVING UPSIDE THROUGH SYNERGIES & ASSET OPTIMIZATION ARR Operating Revenue Operating EBITDA (₹ 000’s) (₹ Cr) (₹ Cr) CAGR 11.6 Incremental revenue driven by 25.0% 26.8% 30%+ 10.8 active asset management, asset upgrades and capacity 10.2 expansion Cost efficiency and synergy benefits FY24 FY25 FY26 EBITDA flowthrough arising from asset Occupancy upgrades and expansion (%) As Is Growth 73 440 71 +2 pp +2 pp FY25 FY26 Post Merger FY25 FY26 Post Merger As is Operations Incremental Revenue As is Operations EBITDA Margin Incremental EBITDA FY24 FY25 FY26 DISCLAIMER These presentations may contain forward-looking statements within the meaning of applicable securities laws. Similarly, statements that describe our business strategy, outlook, objectives, plans, intentions or goals also are forward-lookingstatements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties and other factors that may cause actual results to differ materially from those anticipated at the time the forward-looking statements are made. Future results, performance and achievements may be affected by general economic conditions, regulatory environment, business and financing conditions, foreign exchange fluctuations, cyclicality and operating risks associated with the hospitality industry and other circumstances and uncertainties. Although we believe the expectations reflected in such forward looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be attained or that results will not materially differ. We undertake no obligation to publicly update or revise any forward-lookingstatement, whether as a result of new information, future events or otherwise. Please visit our corporatewebsite www.ihcltata.comforprevious investor communications.