Investor Presentaiton

• • • EDel - EV-driven, Last-mile Logistics service Mahindra LOGISTICS Launched EV-driven, last-mile cargo delivery service 'EDel' for customers in E-Commerce, FMCG and other markets. EDel would initially operate across 6 major cities in India including Bengaluru, New Delhi, Mumbai, Pune, Hyderabad and Kolkata, before expanding to a total of 14 cities in the next 12 months The operating model and utilisation metrics of EVs today enables EDel to provide sustainable & competitive services when compared with traditional ICE powered solutions EDel will provide multiple offerings including package & trip-based services. These offerings will provide customers a scalable, sustainable and cost-efficient solution With a load capacity and enhanced range that compares well with existing ICE options, EDel will give customers in the E-commerce, FMCG, Pharmaceutical, Consumer Durables and Electronics industries a significant edge in efficient and responsible distribution and last-mile delivery solutions ebelebe ebe epel eDel DeL EDEL Mahindra LOGISTICS DeL ME Mahindra tocans AF 12

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