Eicher Motors : Addendum to the Notice of 41st Annual General Meeting of the Company

Ref: Our letter dated July 29, 2023

Sub: Addendum to the Notice of 41st An nual General Meeting of the Company to be held on August 23, 2023

Dear Sir/Madam,

Please refer to our letter dated July 29, 2023, submitting Notice of the 41st Annual General Meeting (AGM) of the Company scheduled to be held on Wednesday, Augu st 23, 2023, at 1.00 p.m-IST. The Board of Directo rs have decided to defer resolution no. 5 of the Notice of 41st AGM relating to re-appointment of Mr. In der Mohan Singh as an Independent Director. The said resolution will not be up for consideration and voting for the 41st AGM and the e-voting facility shall not be available for the said resolution.

All other resolutions as proposed in the Notice for 41st AGM along with the explanatory statements and notes shall remain unaffected.

Addend um to the Notice of 41st AGM (as enclosed) is being sent to the shareholders through electronic mode on their registered e-mail ids and is also available on the website of the Company at www.eichermotors.com. Please refer to the addendum enclosed for further details.

This is for your information and records.

Thanking you,

For Eicher Motors Limited

SHARMA pseudonym=3df5d4776abb401baeaa18180ad4c420, 2.5.4.20=6e9e93a7616b7e8a55e82fd19b9c63d7a0deac8 0dcd5347980f59c0d067cf795, email=ATULSHARMA@ROYALENFIELD.COM, cn=ATUL

SHARMA

Date: 2023.08.18 12:22:17 +05'30'

Atul Sharma

Company Secretary

Encl: Addendum to Notice of AGM

ADDENDUM TO THE NOTICE DATED JULY 26, 2023 CONVENING THE 41ST ANNUAL

GENERAL MEETING (AGM) OF THE COMPANY

Eicher Motors Limited ("the Company") had issued a Notice dated July 26, 2023 for convening the 41st Annual General Meeting (AGM) of the Company on Wednesday, August 23, 2023, at

1.00 p.m. Indian Standard Time (IST) through Video Conferencing/ Other Audio Visual means to transact the business as detailed in the said AGM Notice. The said AGM Notice has already been dispatched to all the shareholders of the Company in due compliance with the circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India. Resolution no. 5 of the said AGM notice is a Special Business item relating to the re-appointment of Mr. Inder Mohan Singh as an Independent Director of the Company for second term of five (5) years with effect from November 12, 2023.

Subsequent to the issuance of the AGM Notice, t he Board of Directors based on detailed deliberation has determined that the Board and the Nomination & Remuneration Committee shall engage in review of the number of Independent Directors on the Board and composition of various Board Com mittees. After the said review is completed, resolution for appointment/re- appointment of Independent Director(s) will be proposed for the consideration of the m embers. Accordingly, the Board of Directors of the Company has decided that resolution no. 5 of the Notice of 41st AGM relating to re-appointment of Mr. Inder Mohan Singh, which is proposed in advance before the expiry of his present term as Independent Director, be deferred for the time being. The said resolution will not be up for consideration and voting for the 41st AGM and the e- voting facility shall not be available for the said resolution.

All other resolutions as proposed in the Notice for 41st AGM scheduled to be held on Wednesday, August 23, 2023, at 1.00 p. m. along with the explanatory statements and notes shall re main unaffected.

Accordingly, this addendum is issued to the shareholders. This ad dendum shall be deemed to be an integral part of the Notice o f 41st AGM of the Company dated July 26, 2023.

All the concerned shareholders, Stock Exchanges, Depositories, Registrar and Share Transfer Agents, agencies/firms appointed for remote e-voting, other regulatory and concerned authorities are requested to take note of the same.