SUZLON ENERGY LTD. — Capital/Financing Update 2023

May 31, 2023

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31[st] May 2023.

National Stock Exchange of India Limited, “Exchange Plaza”, Bandra-Kurla Complex, Bandra (East), Mumbai-400051.

BSE Limited, P.J. Towers, Dalal Street, Mumbai-400001.

Dear Sirs,

Sub.: Outcome of the adjourned Board Meeting.

Ref.: Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In continuation to our letter dated 30[th] May 2023 informing outcome of the Board Meeting held on 30[th] May 2023, which was adjourned to 31[st] May 2023, this is to inform that the Board of Directors of the Company (the “Board”), at the adjourned meeting held on 31[st] May 2023 (which commenced at 10.00 a.m. and concluded at 3.55 p.m.), has inter alia approved the following:

• (a) an enabling resolution in terms of Section 62(3) of the Companies Act, 2013 for issuance of the equity shares of the Company on conversion of loan / debentures into equity in the matter of loan granted / to be granted by various lenders as project specific funding (working capital) subject however to the approval of the shareholders at the next general meeting of the Company.

This is for your information as also for the information of your members and the public at large.

Thanking you,

Yours faithfully, For Suzlon Energy Limited GEETANJALI SANTOSH VAIDYA Digitally signed by GEETANJALI SANTOSH VAIDYA DN: c=IN, o=Personal, 2.5.4.20=1f68fbc13c0b8b3a34b3090cec1d1201ad6adf5a8af53061cc2ac9ca603245ff, postalCode=411030, st=Maharashtra, serialNumber=70e6fc9b127e425bb9cb937f96d5775c420ccc6112295e0fe8056eda8aed1812, cn=GEETANJALI SANTOSH VAIDYA Date: 2023.05.31 16:02:57 +05'30'

Geetanjali S.Vaidya, Company Secretary.

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