Update on the Indian Market Situation and Outlook of Suzuki

Indian Market Challenges Expanding the SUV Segment Overall market: SUV segment share rose significantly FY2017 23.8% First half of FY2023 48.3% SUZUKI (10,000 units) Trends in the Composition of the SUV Segment in the Overall Market of India SUV 400 80.0% Other 350 SUV composition ratio 70.0% 300 250 200 23.8% 150 100 50 50 H 60.0% 48.3% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% 0 2017 2018 2019 2020 2021 2022 First half of 2023 Suzuki Motor Corporation, 2023. All rights reserved. 12/37

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