Suzlon Energy Limited

rs,

of India Limited, “Exchange Plaza”, Bandra-Kurla Complex, Bandra (East), Mumbai-400051. Dear Sirs, Sub.: Suzlon announces Q2 FY24 Results. BSE Limited, P.J. Towers, Dalal Street, Mumbai-400001.

500 GW

2 INDUSTRY OUTLOOK SUZLON STRENGTHS FINANCIAL PERFORMANCE 3 Suvarda Wind Farm, Gujarat, India 500 GW of non-fossil fuel energy capacity by 2030 50% renewables in the energy mix by 2030 Pancham

50%

ORMANCE 3 Suvarda Wind Farm, Gujarat, India 500 GW of non-fossil fuel energy capacity by 2030 50% renewables in the energy mix by 2030 Panchamrit 1 bn tonnes reduction in carbon emissions

12%

energy mix by 2030 Panchamrit 1 bn tonnes reduction in carbon emissions by 2030 Hydro 52 (12%) Solar 72 (17%) 45% reduction in emissions intensity of the economy by 2030 Net zero emissio

17%

030 Panchamrit 1 bn tonnes reduction in carbon emissions by 2030 Hydro 52 (12%) Solar 72 (17%) 45% reduction in emissions intensity of the economy by 2030 Net zero emissions by 2070 Ins

45%

Panchamrit 1 bn tonnes reduction in carbon emissions by 2030 Hydro 52 (12%) Solar 72 (17%) 45% reduction in emissions intensity of the economy by 2030 Net zero emissions by 2070 Installed

56%

2030 Net zero emissions by 2070 Installed Power Generation Capacity Mix (GW) Fossil Fuel 239 (56%) Solar, 293 (38%) Hydro 78 (10%) Fossil Fuel 277 (35%) Sep’23 425 GW^ Wind 44 (11%) Other

38%

ssions by 2070 Installed Power Generation Capacity Mix (GW) Fossil Fuel 239 (56%) Solar, 293 (38%) Hydro 78 (10%) Fossil Fuel 277 (35%) Sep’23 425 GW^ Wind 44 (11%) Others 18 (4%) By 2030

10%

Installed Power Generation Capacity Mix (GW) Fossil Fuel 239 (56%) Solar, 293 (38%) Hydro 78 (10%) Fossil Fuel 277 (35%) Sep’23 425 GW^ Wind 44 (11%) Others 18 (4%) By 2030 777 GW* Wind 1

35%

ion Capacity Mix (GW) Fossil Fuel 239 (56%) Solar, 293 (38%) Hydro 78 (10%) Fossil Fuel 277 (35%) Sep’23 425 GW^ Wind 44 (11%) Others 18 (4%) By 2030 777 GW* Wind 100 (13%) Other ^CEA Al

425 GW

ix (GW) Fossil Fuel 239 (56%) Solar, 293 (38%) Hydro 78 (10%) Fossil Fuel 277 (35%) Sep’23 425 GW^ Wind 44 (11%) Others 18 (4%) By 2030 777 GW* Wind 100 (13%) Other ^CEA All India Installed

11%

l 239 (56%) Solar, 293 (38%) Hydro 78 (10%) Fossil Fuel 277 (35%) Sep’23 425 GW^ Wind 44 (11%) Others 18 (4%) By 2030 777 GW* Wind 100 (13%) Other ^CEA All India Installed Capacity as on

Major Updates

1

Impact of clean energy

1

Email contact for queries

1

Major Updates

• Encouraging prototype performance • Requisite certifications in place • Enthusiastic customer response as reflected in the order inflow • Supply started in line with commercialization plans Suzlon Wind Farm, Sanganeri, Tirunelveli, Tamil Nadu 12 Key Numbers Presence in all windy states in India 14.3 GW+ Installed Base 9,600+ Turbines USD 10 Bn Assets under management 1,900+ Customers 94 Sites 3,600+ Team ~32% share of all India installed wind capacity

Impact of clean energy

• Over 3.06 Bn trees absorbing CO2 p.a. • Over 9.32 Mn households powered p.a. • Over 36.81 MT of CO2 emissions prevented p.a. 13 2.3 GW Rajasthan 3.8 GW Gujarat 2.1 GW Maharashtra 1.2 GW Karnataka 0.03 GW Kerala Installed base as on 30th Sep 2023 of 14.3 GW 0.5 GW Madhya Pradesh 0.3 GW Telangana 1.5 GW Andhra Pradesh 2.6 GW Tamil Nadu Wind Order Book (in MW) 1,613 1,433 788 652 WTG Model mix Project segment mix S144 62% S133 3% S120 35% Captive/C&I/ Retail 64% Central & State Auctions 36% Scope mix State mix Mar'22 Mar'23 Jun'23 Sep'23 Additionally, 50.4 MW order secured from Juniper in Oct’23 EPC* 53% Non EPC 47% GJ 9% MP 6% TN 16% MH 20% KA 49% 14 *EPC scope may differ from contract to contract Healthy order book provides revenue visibility Vinod Tanti Chairman and Managing Director Girish Tanti Vice Chairman JP Chalasani Group CEO Himanshu Mody Group CFO Tulsi Tanti Founder, Late Chairman and Managing Director Ishwar C Mangal CEO Global OMS Venkat Subramaniam CEO, SEForge Bernhard