Cash Deployment Strategy & Value Creation

AUTO... Strategic imperatives SUV Love affair Opportunity Strategic actions 56% 51% #1 SUV as % of PV 28% 1. Customer Obsessed Brands: Differentiated SUV brand experience, innovative omni-channel models Brand Power FY19 FY23 FY26 *India PV market is 6% of the global PV market 2. Propel ICE SUVS with cutting edge products: Turn-on Design, Democratize technology, Class leading Performance, Advanced Safety, Premiumization #1 Rev MS A bold leap into the world of EVs 17% EV penetration in SUVS (Industry) 2% 3. Pioneering a new era with category creating E-SUVs: Purpose- built platforms, Software defined architecture, Ecosystem partnership approach ++ MS FY23 FY26 4. LCV (< 3.5T): Capitalizing on the growth potential Build CV Moat: Higher earnings with Maxx pickup range as Core prop and UPP as disruptive proposition ++ MS 16% 810 LCV (<3.5T) 523 Industry 5. Go Global: Scale up priority markets by leveraging the new Global PU and Electric SUVS +++ Rev Growth TIV in'000 FY23 FY26 *Source: Marklines, Includes Trucks for US Market, internal estimates 22

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