Bajaj Auto Limited — Capital/Financing Update 2026

May 18, 2026

BAJAJ

Bajaj Auto Limited,
Akurdi, Pune 411 035, India.
Tel +91 20 27472851
Fax +91 20 27473398
bajajauto.com

THE WORLD'S FAVOURITE INDIAN

18 May 2026

| To,
Corporate Relations Department
BSE Limited
1^{st} Floor, New Trading Ring
Rotunda Building, P J Tower
Dalal Street
Mumbai 400 001

BSE Code: 532977 | To,
Corporate Listing Department
National Stock Exchange of India Ltd.
Exchange Plaza, 5^{th} Floor
Plot No.C-1, G Block
Bandra-Kurla Complex
Bandra (East), Mumbai 400 051

NSE Code: BAJAJ-AUTO |
| --- | --- |

Sub: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Intimation of termination of loan agreement(s) entered into by Bajaj Auto International Holdings BV, a wholly owned subsidiary of Bajaj Auto Limited and Bajaj Auto International Holdings AG (formerly Pierer Bajaj AG), a step-down wholly owned subsidiary of Bajaj Auto Limited.

Dear Sir / Madam,

This is with reference to our following letters to the Stock Exchange(s):

1. dated 24 February 2025, regarding the Shareholder Loan Agreement executed between Bajaj Auto International Holdings BV ("BAIH BV"), a wholly owned subsidiary of Bajaj Auto Limited ("the Company") and Bajaj Auto International Holdings AG ("BAIH AG"), formerly Pierer Bajaj AG, a step-down wholly owned subsidiary of the Company (effective from 18 November 2025) for a shareholder loan of Euro 50 million towards restructuring process of KTM AG and its relevant subsidiaries.

2. dated 16 May 2025 and 22 May 2025, regarding the Loan Agreement(s) entered into by BAIH BV with four Banks, viz., JP Morgan Chase Bank N.A., DBS Bank Ltd., Citigroup Global Markets Asia Ltd. and Standard Chartered Bank aggregating to Euro 666 million towards funding for its investment activities; and

3. dated 6 March 2026, regarding prepayment of outstanding dues aggregating to Euro 480 million to the said Banks by BAIH BV, resulting in termination of the Loan Agreement(s) with two out of the four Banks, viz., Citigroup Global Markets Asia Ltd. and Standard Chartered Bank, along with partial prepayment of dues to JP Morgan Chase Bank N.A. and DBS Bank Ltd.

In furtherance to the above communications and in accordance with Regulation 30(9) read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we hereby inform that, pursuant to BAIH AG's prepayment of all outstanding dues to BAIH BV under the Shareholder Loan, BAIH BV has fully repaid the outstanding dues aggregating to Euro 80 million to JP Morgan Chase Bank N.A. and DBS Bank Ltd., resulting in termination of the loan agreements with the said Banks on 18 May 2026.

The details of termination of loan agreement(s) as required under the Listing Regulations read with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026 are enclosed herewith as "Annexure A."

The said information was received by the Company on 18 May 2026 at around 12 p.m. (IST).

Registered Office Akurdi Pune 411035 India

CIN L65993PN2007PLC130076

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In terms of Regulation 30(8) of the Listing Regulations, this intimation will also be made available on the Company's website at www.bajajauto.com/investors/disclosures

This is for your information and records.

Yours faithfully,

For Bajaj Auto Limited

RAJIV
NATVARLAL
GANDHI

Digitally signed by
RAJIV NATVARLAL
GANDHI
Date: 2026.05.18
17:40:17 +05'30'

Rajiv Gandhi
Company Secretary & Compliance Officer
ACS 11263

Encl.: As Above

Page 2 of 3

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Annexure A

The details required under Regulation 30 and Schedule III (Part A Para B) of the Listing Regulations read with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026:

Termination of loan agreement(s)
Sr. No.	Particulars	Details
1.	Name of parties to the agreement	Shareholder Loan: • Lender: Bajaj Auto International Holdings BV (“BAIH BV”), a wholly owned subsidiary of the Company. • Borrower: Bajaj Auto International Holdings AG (“BAIH AG”), formerly Pierer Bajaj AG, a step-down wholly owned subsidiary of the Company (effective from 18 November 2025). Bank Loans: • Lenders: a. JP Morgan Chase Bank N.A. b. DBS Bank Ltd. • Borrower: Bajaj Auto International Holdings BV (“BAIH BV”), a wholly owned subsidiary of the Company.
2.	Nature of the agreement	Shareholder Loan: The shareholder loan of Euro 50 million for a term of three years. Bank Loans: BAIH BV had availed unsecured loan from the aforementioned Banks towards funding for its investment activities for a term of one year.
3.	Date of execution of the agreement	a. BAIH BV: 24 February 2025 b. JP Morgan Chase Bank N.A.: 16 May 2025 c. DBS Bank Ltd.: 15 May 2025
4.	Details of amendment and impact thereof or reasons of termination and impact thereof	Pursuant to BAIH AG’s prepayment of all outstanding dues to BAIH BV under the Shareholder Loan, BAIH BV has fully repaid the outstanding dues aggregating to Euro 80 million to JP Morgan Chase Bank N.A. and DBS Bank Ltd., resulting in termination of the loan agreements with the said Banks on 18 May 2026.