Eicher Motors Limited has incorporated a Wholly Owned Subsidiary in the Netherlands named 'Royal Enfield Europe B.V.' Industry to which the entity being acquired Belongs: Two Wheeler Automobile Industry. Objects and impact of acquisition: Eicher Motors Limited is engaged in the manufacturing and sale of Royal Enfield motorcycles, apparel and genuine motorcycle accessories and related products in India and 60+ countries.

Royal Enfield Europe B.V. is being set up with a view to enhance the non-motorcycle supply chain for all of Europe, augment quicker and easier availability of non-motorcycle products (such as parts, spares, apparel and genuine motorcycle accessories), and to move closer to the channel partners and consumers. These business activities are related to the main line of business of Eicher Motors Limited. Consideration whether cash consideration or share swap or any other form and details of the same: Eicher Motors Limited has subscribed to the entire equity share capital of Royal Enfield Europe B.V. of 5,00,000 Euro constituted of 5,00,000 shares of EURO 1 each by way of cash consideration.

Eicher Motors Limited will infuse the share capital in due course. Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief): Product/line of business: Royal Enfield Europe B.V. is being set up with a view to enhance the non-motorcycle supply chain for all of Europe, augment quicker and easier availability of non-motorcycle products (such as parts, spares, apparel and genuine motorcycle accessories), and to move closer to the channel partners and consumers. Date of Incorporation - March 21, 2024 History/Turnover- Not applicable Royal Enfield Europe B.V. is registered in the Netherlands and is yet to commence its business operations.

Country of incorporation: The Netherlands.