Investor Presentaiton

"O PILLARS OF SUSTAINABILITY JOURNEY ROYAL ENFIELD STAL ENPIRE R SINCE 1901 Environmental Become water positive Attain Carbon neutrality Work towards zero liquid discharge Eliminate utilisation of single use plastic Focus on increasing share of renewable energy (primarily solar) Aim for zero wood usage in operations Reducing paper usage through digitisation Ensure a greater use of recyclable motorcycle parts 8 Social Ride for a cause Disaster relief activities Village upgradation programmes Road safety and community development programmes Vocational training programmes Achieve automation of labour-intensive processes ■ No engagement of child labour throughout the company's value chain Governance Strategy, execution and monitoring Risk management Transparency ■ Board composition . Whistleblower policies INVESTOR PRESENTATION May 2023 49

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