Maruti Suzuki India Limited

4,641.6 billion

ihiro Suzuki, President and CEO Consolidated Employees: Consolidated net sales: 70,012 people 4,641.6 billion yen (FY2022) Head Office: Hamamatsu-city, Shizuoka Number of consolidated subsidiaries: 120 c

3 million

Consolidated Net Sales by Region Automobile Sales Units by Region 4,641.6 billion yen in FY2022 3 million units in FY2022 (billion yen) (1,000 units) Others 1,641.4 Japan 1,212 Others 728 Japan 627

rs 1,641.4

Region 4,641.6 billion yen in FY2022 3 million units in FY2022 (billion yen) (1,000 units) Others 1,641.4 Japan 1,212 Others 728 Japan 627 India 1,788.2 Japan India Others Approx. 39% India 1,645 J

rs 728

n FY2022 3 million units in FY2022 (billion yen) (1,000 units) Others 1,641.4 Japan 1,212 Others 728 Japan 627 India 1,788.2 Japan India Others Approx. 39% India 1,645 Japan India Others Approx

39%

) Others 1,641.4 Japan 1,212 Others 728 Japan 627 India 1,788.2 Japan India Others Approx. 39% India 1,645 Japan India Others Approx. 55% © Suzuki Motor Corporation, 2023. All rights reserve

55%

pan 627 India 1,788.2 Japan India Others Approx. 39% India 1,645 Japan India Others Approx. 55% © Suzuki Motor Corporation, 2023. All rights reserved. / 375 2. Update on the Indian Market © S

1 billion

d. / 376 India｜GDP, Economic Growth Rate and Population Real Gross Domestic Product (GDP) (US $1 billion) 7000 6000 5000 4000 3000 2000 1000 0 (%) 12 10 8 6 4 2 0 -2 -4 -6 -8 Economic

2.07 million

ehicles 450 400 350 300 250 200 150 100 50 0 FY2022 First half of FY2023 Overall market: 2.07 million units (Maruti Suzuki: 870,000 units/42.1% market share) Overall market: 3.89 million units (Maruti

42.1%

50 0 FY2022 First half of FY2023 Overall market: 2.07 million units (Maruti Suzuki: 870,000 units/42.1% market share) Overall market: 3.89 million units (Maruti Suzuki: 1.61 million units/41.3% market s

3.89 million

erall market: 2.07 million units (Maruti Suzuki: 870,000 units/42.1% market share) Overall market: 3.89 million units (Maruti Suzuki: 1.61 million units/41.3% market share) YoY ➡ Overall market: 107%, Maruti Su

1.61 million

aruti Suzuki: 870,000 units/42.1% market share) Overall market: 3.89 million units (Maruti Suzuki: 1.61 million units/41.3% market share) YoY ➡ Overall market: 107%, Maruti Suzuki: 110% Others Maruti Suzuki

41.3%

00 units/42.1% market share) Overall market: 3.89 million units (Maruti Suzuki: 1.61 million units/41.3% market share) YoY ➡ Overall market: 107%, Maruti Suzuki: 110% Others Maruti Suzuki Share 1 9 8

“The dashed line in the graph (FY 2023 to FY 2028) is the IMF forecast.”

“18 / 37 Initiatives to Achieve Carbon Neutrality by 2070｜Multipathway Automobile business: multipathway ⇒Aim to achieve carbon neutrality in a way that is appropriate for the region and market EV HEV Compressed Natural Gas (CNG) Biofuel (Gas, ethanol) electrification Etc.”

“32 / 37 JMS Exhibit｜WagonR CBG <Reference Exhibit> CBG* Business in India (WagonR CBG) • Suzuki has been working on the CBG project since 2022, believing that it can contribute to the development of India by combining rural revitalization, the realization of a sustainable recycling-oriented society, and providing mobility.”

“34 / 37 JMS｜Other Reference Exhibits e-PO, foldable electric moped e-choinori, close distance mobility utilizing e-bike powertrain unit e-BURGMAN, demonstration project electric scooter prototype <Motorcycle Technical Exhibit> Hydrogen Engine BURGMAN (test model) Small e-outboard concept, electric outboard motor © Suzuki Motor Corporation, 2023.”

Head Office

2

Cumulative total

2

Manesar Plant

1

Company Name

1

Establishment

1

Representative

1

Employees

1

Maruti Suzuki

1

Manesar Plant

Maruli Suzuki India Lirniled, Maruti Suzuki India Limited, 1, Nelson Mandela Road, Vasant Kunj, Old Palam Gurgaon Road, Plot No.1, Phase - 3A, IMT Manesar, New Delhi - 110070, India. Gurgaon - 122015, Haryana, India. Gurgaon - 122051, Haryana, India. Tel: 011-46781000, Fax: 011-46150275/46150276 Tel: 0124-2346721, Fax: 0124-2341304 Tel: 0124-4884000, Fax: 0124-4884199 E-mail id: contact@maruti.co.in, www.marutisuzuki.com CIN: L34103DL1981PLC011375 Annexure - "A" Update on the Indian Market Situation and Outlook of Suzuki Japan Mobility Conference 2023 October 24, 2023 Kenichi Ayukawa Executive Vice President SUZUKI MOTOR CORPORATION Contents 1. About Suzuki Motor Corporation 2. Update on the Indian Market 3. Prospects of India 4. Exhibits for JAPAN MOBILITY SHOW 2023 © Suzuki Motor Corporation, 2023. All rights reserved. / 372 1. About Suzuki Motor Corporation Suzuki Makinohara Solar Powerplant © Suzuki Motor Corporation, 2023. All rights reserved. / 373 Overview of Suzuki Motor Corpor

Head Office

Hamamatsu-city, Shizuoka Number of consolidated subsidiaries: 120 companies (Japan: 66; Overseas: 54) *As of March 31, 2023 © Suzuki Motor Corporation, 2023. All rights reserved. / 374 Suzuki's Performance Consolidated Net Sales by Region Automobile Sales Units by Region 4,641.6 billion yen in FY2022 3 million units in FY2022 (billion yen) (1,000 units) Others 1,641.4 Japan 1,212 Others 728 Japan 627 India 1,788.2 Japan India Others Approx. 39% India 1,645 Japan India Others Approx. 55% © Suzuki Motor Corporation, 2023. All rights reserved. / 375 2. Update on the Indian Market © Suzuki Motor Corporation, 2023. All rights reserved. / 376 India｜GDP, Economic Growth Rate and Population Real Gross Domestic Product (GDP) (US $1 billion) 7000 6000 5000 4000 3000 2000 1000 0 (%) 12 10 8 6 4 2 0 -2 -4 -6 -8 Economic Growth Rate Population (Billions) 16 14 12 10 8 6 4 2 0 0 8 9 1 4 8 9 1 8 8 9 1 2 9 9 1 6 9 9 1 0 0 0 2 4 0 0 2 8 0 0 2 2 1 0 2 6 1 0 2 0 2 0 2 4 2 0 2 8 2 0 2 0 8 9 1 3 8 9 1 6 8

Cumulative total

10 million units (March 9, 2011) Cumulative total: 5 million units (April 4, 2005) First half of FY2023 989 thousand units Cumulative total: 1 million units (March 29, 1994) 1 9 8 3 1 9 8 4 1 9 8 5 1 9 8 6 1 9 8 7 1 9 8 8 1 9 8 9 1 9 9 0 1 9 9 1 1 9 9 2 1 9 9 3 1 9 9 4 1 9 9 5 1 9 9 6 1 9 9 7 1 9 9 8 1 9 9 9 2 0 0 0 2 0 0 1 2 0 0 2 2 0 0 3 2 0 0 4 2 0 0 5 2 0 0 6 2 0 0 7 2 0 0 8 2 0 0 9 2 0 1 0 2 0 1 1 2 0 1 2 2 0 1 3 2 0 1 4 2 0 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 1 H © Suzuki Motor Corporation, 2023. All rights reserved. 10 / 37 Progress of Maruti Suzuki Export Volume 259 thousand units in FY2022 (YoY 109%) ⇒ achieved record high *Grew 2.3 times in the last 5 years (10,000 units) 30 25 20 15 10 5 0 Export volume FY2022 259 thousand units First half of FY2023 133 thousand units 1 9 8 3 1 9 8 4 1 9 8 5 1 9 8 6 1 9 8 7 1 9 8 8 1 9 8 9 1 9 9 0 1 9 9 1 1 9 9 2 1 9 9 3 1 9 9 4 1 9 9 5 1 9 9 6 1 9 9 7 1 9 9 8 1 9 9 9 2 0 0 0 2 0 0 1 2 0 0 2 2 0 0 3 2 0 0 4 2

Maruti Suzuki

First BEV launch in India Overall Indian market ： YoY +5~7% Maruti Suzuki： Outpace market growth Total passenger car： 3.89million units Maruti Suzuki： 1.61million units (41.3%) India's economic growth target “Amrit Kaal” (Age of Growth and Prosperity) • India aims to become the world‘s second largest economy in 25 years until 2047, when it celebrates 100 years of independence • Government policy to balance the economy with CN India Overall Market： 6 million units Maruti Suzuki： 3 million units (50% market share) 6 models of BEV in the lineup Goal of achieving carbon neutrality FY2022 FY2023 FY2024 FY2030 2047 2070 India is a market with growth prospects in the medium to long term © Suzuki Motor Corporation, 2023. All rights reserved. 16 / 37 Restructuring of the Indian Production System｜Towards 2030 Production Capacity FY2030 targets 4 million units/year (approximately 2 times the FY2022 level) Continued capacity growth in line with market growth: 1 million units announced Haryana 1.5