Investor Presentation August 2023

YTD FINANCIAL HIGHLIGHTS Total Revenue from Operations EBITDA^ and Margins 5.7% 7.9% Profit After Tax 3,934 4,991 218 387 69 181 Q1 FY23 Q1 FY24 Q1 FY23 Q1 FY24 Q1 FY23 Q1 FY24 EBITDA - Earning Before Interest, Tax, Depreciation and Amortisation ^For the purpose of EBITDA computation, only interest income (part of other income) has been excluded from Total Income The figures in % indicate EBITDA Margins EBITDA Margin = EBITDA/ Net Sales INVESTOR PRESENTATION August 2023 VOLVO VE COMMERCIAL VEHICLES A VOLVO GROUP AND EICHER MOTORS JOINT VENTURE EICHER All figures are in INR Crs unless specified 64

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