Change in Director(s)

28th August 2026 BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal Street, Bandra-Kurla Complex, Mumbai 400 001. Bandra (E), Mumbai 400 051. Scrip code: 532343 Scrip code: TVSMOTOR NCRPS Scrip code: 717506 NCRPS Scrip code: TVSMNCRPS Dear Sir / Madam, Reg. : Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) – Change in Management Pursuant to Regulation 30 of the Listing Regulations read with Schedule III of the Listing Regulations (as amended), the Board of Directors at their meeting held today, noted and approved the following: a) Appointment of Mr Peyman Kargar (DIN: 07906077) as Director & Chief Executive Officer (D & CEO) in the rank of Whole Time Director and Key Managerial Personnel of the Company, effective 27th January 2027 based on the recommendation of the Nomination and Remuneration Committee; and b) Mr K N Radhakrishnan (DIN: 02599393) will continue as a Director & CEO until 27th January 2027, and subsequently will serve as a Non – Executive Director upto the date of the ensuing AGM scheduled in July 2027. The particulars / details with respect to the aforesaid changes as required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed. The meeting commenced at 9.45 AM (IST) and concluded at 10.15 AM (IST) Yours faithfully For TVS Motor Company Limited K S Srinivasan Company Secretary Encl : a/a Website: www.tvsmotor.com Email: contactus@tvsmotor.com CIN: L35921TN1992PLC022845 ANNEXURE 1 Details with respect to Appointment of Mr Peyman Kargar as Director & Chief Executive Officer (D & CEO) S No Particulars Information 1 Reason for change viz. Appointment of Mr Peyman Kargar as Director & Chief appointment, resignation, Executive Officer (D & CEO) in the rank of Whole Time removal, death or otherwise Director and Key Managerial Personnel. 2 Date of appointment / cessation The Board at its meeting held on 28th August 2026, (as applicable) & term of based on the recommendation of the Nomination and appointment Remuneration Committee, approved the appointment of Mr Peyman Kargar as Director & Chief Executive Officer in the rank of Whole Time Director of the Company for a period of five (5) years effective 27th January 2027. 3 Brief profile Enclosed as Annexure 2 (in case of appointment) Press release in this regard is enclosed as Annexure 3 4 Disclosure of relationships NA between directors (in case of appointment of a director) 5 Information as required under Mr Peyman Kargar is not debarred from holding the BSE circular no. office of Director by virtue of any SEBI order or any LIST/COMP/14/2018 19 and NSE other such authority. circular no. NSE/CML/2018/24, dated June 20, 2018 Website: www.tvsmotor.com Email: contactus@tvsmotor.com CIN: L35921TN1992PLC022845 ANNEXURE -2 PROFILE- Mr PEYMAN KARGAR Mr Peyman Kargar currently serves as the President – International Business of the Company. Mr. Peyman is an accomplished global automotive leader with over three decades of experience across Europe, Asia, and the Middle East. He has worked in various functions, including Engineering, Manufacturing, Project Management, Quality, Sales and Marketing, and Business Development. Peyman has held notable global leadership positions with Nissan, managing large-scale P&L responsibilities and successfully leading business turnarounds and strategic transformations across geographies Prior to joining TVS Motor, was the Global Chairman & President of INFINITI, Luxury brand of Nissan Company. He led the full value chain of the INFINITI brand globally, including Product Planning, R&D, Manufacturing, Quality, Sales & Marketing, and Finance. Over three years until March 2023, he transformed the brand, resulting in a 20% increase in volume and setting the business on a trajectory toward USD 1 billion in annual profit. He also served as Chairman and Senior Vice President for Nissan’s Africa, Middle East, and India region, as well as CEO of the Datsun brand, overseeing operations across more than 80 countries. From 2014 to 2017, he was Vice President of Sales & Marketing at Renault Group, managing 50 countries across Africa, the Middle East, Iran, and India, with responsibility for a €4 billion turnover and annual sales of 400,000 vehicles. His previous roles included being the Managing Director of Renault Middle East and the Country Manager Director in Iran. Peyman holds Masters in Business Administration from the London Business School and is a Mechanical Engineer from INSA de LYON. ANNEXURE -3 PRESS RELEASE TVS Motor Company Appoints Peyman Kargar as Director and Chief Executive Officer • Peyman Kargar appointed Director and Chief Executive Officer of TVS Motor Company, effective January 27, 2027 • K. N. Radhakrishnan to continue as Director and Chief Executive Officer until then and subsequently will serve as Non-Executive Director up to the date of the ensuing AGM scheduled in July 2027 • Appointment supports TVS Motor Company's next phase of growth and innovation Bengaluru, August 28, 2026: TVS Motor Company, part of TVS VENU and a leading global manufacturer of two and three-wheelers, today announced the appointment of Peyman Kargar as Director and Chief Executive Officer, effective January 27, 2027. Peyman will succeed K. N. Radhakrishnan, who will continue in his role until then to ensure a seamless transition. Following the transition, Radhakrishnan will serve as Non-Executive Director up to the date of the ensuing AGM scheduled in July 2027. He has been a tremendous leader and played a pivotal role in the growth of TVS Motor Company. The leadership transition comes as TVS Motor Company builds on strong business performance and continues to consolidate its position in India and expand its global presence. In FY2025-26, the company achieved a record performance, selling 5.9 million vehicles globally and delivering 30% revenue growth. Peyman currently serves as President, International Business. He brings more than three decades of global automotive leadership experience across Europe, Asia, Africa and the Middle East, having held senior leadership positions with some of the automotive industry's most recognised global brands. His experience spans the full value chain, from product development and R&D to manufacturing, quality, sales and marketing, giving him significant insight into the factors that drive long-term success in the mobility industry. Under his leadership, International Business has become an increasingly important contributor to TVS Motor Company's global expansion. Today, the business contributes 29% of the company sales volume and is growing at 33%. In his new role, he will lead the company as it focuses on further growing its business in India and globally through product innovation, premiumisation and expansion into developed markets. PRESS RELEASE Sudarshan Venu, Chairman, TVS Motor Company, said: "This appointment marks an important step for TVS Motor Company as we prepare for the future. Peyman is an accomplished global leader with deep industry experience, strategic vision and a strong understanding of customers and markets. As President, International Business, he has already made a meaningful contribution to our business, and I am confident he is the right person to lead TVS Motor Company and further strengthen our position among the world's leading mobility companies. At TVS Motor Company, our values and culture are fundamental to who we are and how we operate. I am confident that Peyman will continue to build on these values and work towards our vision of transforming the quality of life of people across the world through mobility solutions that are exciting, responsible, sustainable and safe. I would also like to thank K. N. Radhakrishnan for his outstanding contribution to TVS Motor Company and the wide [Showing first 8,000 characters — download PDF for full document]