Pursuant to Regulation 30 of the SEBI Listing Regulations, please find attached the disclosure document regarding purchase of additional equity shares in Ather Energy Limited.

; Hero August 27, 2026 Asst. Vice President, Listing Deptt., The Secretary, National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Plot C-1, Block G, 25th Floor, Bandra Kurla Complex, Bandra (E), Phiroze Jeejeebhoy Towers, Mumbai - 400 051 Dalal Street, Mumbai - 400 001 Scrip Code: HEROMOTOCO Scrip Code: 500182 Sub.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) – Purchase of additional equity shares in Ather Energy Limited (“Ather”) Dear Sir/ Madam, The Committee of Directors of Hero MotoCorp Limited (“Company”) at its meeting held today i.e. August 27, 2026, has approved the purchase of additional equity shares of Ather, an associate company. The relevant details of the above said acquisition as required under Regulation 30 of the Listing Regulations are attached herewith as Annexure A. This is submitted for your information and further dissemination. Thanking you, For Hero MotoCorp Limited, Prabhat Singh Company Secretary & Compliance Officer Hero MotoCorp Ltd. Regd. Office: The Grand Plaza, Plot No.2, Nelson Mandela Road, Vasant Kunj - Phase -II, New Delhi - 110070, India Tel. +91-11-46044220, Fax +91-11-46044399 I Email: corporate.communicationfaheromotocorp.com I www.heromotocorp.com CIN: L35911 DL1904PLC017354 ; Hero Annexure – A S. Particulars Details 1. Name of the target entity, Ather Energy Limited (Ather) details in brief such as size, Ather is an existing associate company of Hero turnover etc.; MotoCorp Limited and is engaged in the business of designing, manufacturing, selling and servicing of electric two wheelers. Ather also has its own charging infrastructure and is engaged in storage, distribution and management of electric power (including energy in the form of batteries) and other ancillary services. Turnover of Ather for the year ended March 31, 2026 was Rs. 3,671.76 crore. 2. Whether the acquisition No, the purchase of shares does not fall within would fall within related the purview of related party transactions. party transaction(s) and No promoter/ promoter group/ group whether the promoter/ companies of Hero MotoCorp Limited have any promoter group/ group interest in the entity in which the additional companies have any interest investment is being made. in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arms- length”; 3. Industry to which the entity Design and manufacture of electric vehicles and being acquired belongs; associated charging infrastructure and storage, distribution and management of electric power (including energy in the form of batteries). 4. Objects and impact of Hero MotoCorp Limited is an existing acquisition (including but not shareholder in Ather, and this transaction entails limited to, disclosure of purchase of additional shares of Ather. reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity); 5. Brief details of any Hero MotoCorp Limited is not required to obtain governmental or regulatory any governmental or regulatory approvals for approvals required for the the purchase of additional shares. acquisition; 6. Indicative time period for By September 3, 2026. completion of the acquisition; Hero MotoCorp Ltd. Regd. Office: The Grand Plaza, Plot No.2, Nelson Mandela Road, Vasant Kunj - Phase -II, New Delhi - 110070, India Tel. +91-11-46044220, Fax +91-11-46044399 1 Email: corporate.communicationfteromotocorp.com I www.heromotocorp.com CIN: L35911 DL1904PLC017354 ; Hero 7. Nature of consideration - Cash whether cash consideration or share swap or any other form and details of the same; 8. Cost of acquisition and/or the Upto Rs. 1,758 crore (approx.). price at which the shares are acquired; 9. Percentage of shareholding/ Investment is being made in the form of purchase control acquired and/ or of additional shares from an existing shareholder number of shares acquired; of Ather. Hero MotoCorp Limited, as of August 25, 2026, holds 29.88% (on a fully diluted basis) of the share capital of Ather. Post the purchase of additional shares, Hero MotoCorp Limited’s shareholding in Ather would increase to up to ~32.8% (on a fully diluted basis) of the share capital of Ather. 10. Brief background about the Ather is a public limited company which was entity acquired in terms of incorporated in India on October 21, 2013, and is products/ line of business listed on BSE Limited and National Stock acquired, date of Exchange of India Limited. It is engaged in the incorporation, history of last business of (a) designing, manufacturing, 3 years turnover, country in producing, selling, servicing, software which the acquired entity has development, and software management, in presence and any other relation to electric automobiles and charging significant information (in infrastructure; and (b) storage, distribution, and brief). management systems, or otherwise all forms of electric power (including energy in the form of batteries) and other ancillary services. It has a wide presence across the country. Turnover for the years ended March 31, 2024 was Rs. 1,753.8 crore, March 31, 2025 was Rs. 2,255 crore and March 31, 2026 was Rs. 3,671.76 crore. Hero MotoCorp Ltd. Regd. Office: The Grand Plaza, Plot No.2, Nelson Mandela Road, Vasant Kunj - Phase -II, New Delhi - 110070, India Tel. +91-11-46044220, Fax +91-11-46044399 1 Email: corporate.communicationfteromotocorp.com I www.heromotocorp.com CIN: L35911 DL1904PLC017354