ZF Commercial Vehicle Control Systems India Limited

rs,

leading global technology groups and supplies advanced mobility products & systems for passenger cars, commercial vehicles and industrial technology. The company is a frontrunner in contributing to reduc

73%

80 Employees 92,580 19.5 Sales in €bn India(3) Locations(1) 19 Employees 16,000 1.1 Sales in €bn 73% 19% 8% Cars and light commercial vehicles <6t Commercial vehicles >6t Construction and agri

19%

mployees 92,580 19.5 Sales in €bn India(3) Locations(1) 19 Employees 16,000 1.1 Sales in €bn 73% 19% 8% Cars and light commercial vehicles <6t Commercial vehicles >6t Construction and agricultu

8%

ees 92,580 19.5 Sales in €bn India(3) Locations(1) 19 Employees 16,000 1.1 Sales in €bn 73% 19% 8% Cars and light commercial vehicles <6t Commercial vehicles >6t Construction and agricultural

80%

nd affordable mobility for everyone, everywhere. Climate Neutrality: • Reduce CO2 emissions by 80% (compared to 2019) by using green energy until 2030 (Scope 1 and 2) • Reduce CO2 emissions of u

2X

technology adoption Advanced technology adoption ~$3200 ~$3900 ~$1500 ~$1500 ~$950 ~$590 2X Opportunity Increase in adoption of new technologies & evolution of the regulatory framework 201

17%

(2A) Evolving CV Industry, with Key Catalysts in Motion.. Internal Key Trends Impact • IAL: 17% to 25% based on Axle configuration (2018) • GST: ~20% reduction in turnaround time (2018) • CV

25%

) Evolving CV Industry, with Key Catalysts in Motion.. Internal Key Trends Impact • IAL: 17% to 25% based on Axle configuration (2018) • GST: ~20% reduction in turnaround time (2018) • CV growth

20%

on.. Internal Key Trends Impact • IAL: 17% to 25% based on Axle configuration (2018) • GST: ~20% reduction in turnaround time (2018) • CV growth trajectory shifted down with increased freight c

6%

nfrastructure development & Policy • Progress towards sustainable transportation in CV industry (6% of EV penetration in buses by 2024) • Road Infrastructure: Over past decade, +60% NH, High speed

60%

in CV industry (6% of EV penetration in buses by 2024) • Road Infrastructure: Over past decade, +60% NH, High speed corridors • E Commerce: India's $67B (2021) → 25% CAGR by 2030 • Infrastructu

14%

(% of GDP ) Logistic cost (% of GDP) National Highways- Km Avg Annual Distance – Trucks 17% 14% >20% 14% 12% 6-7% 91k 146k 200k ~80k 100k >150k • ESC mandate for M3 buses excluding Type

“• All 6 manufacturing plant locations will be driven by 100% renewable energy sources by end of year.”

Climate Neutrality

1

Core services

1

Data lakehouse

1

Ashok Leyland

1

Climate Neutrality

• Reduce CO2 emissions by 80% (compared to 2019) by using green energy until 2030 (Scope 1 and 2) • Reduce CO2 emissions of upstream value chain & product use until 2040 (Scope 3) ZF’s ambitious climate strategy: Climate neutrality across all emission categories by 2040 © ZF Friedrichshafen AG 6 02 ZF Commercial Vehicle Control Systems India Limited (“ZF CVCS”): Introduction & Strategy ZF confidential ZF CVCS: Building on a Strong Heritage Inauguration of Ambattur plant and Software Center Inauguration of MWC Plant Inauguration of Pant Nagar Plant Inauguration of Technology center and GBS Expansion of MWC plant ZF Group Integration Jan 2022 WABCO integrated into CVS Division globally; ZF becomes corporate identity in India Inauguration of Oragadam Plant - Feb’24 Inauguration of ESC Test Track - Nov’24 2005 2007 2008 2009 2011 2012 2013 2015 2017 2019 2020 2022 2024 Inauguration of Jamshedpur Plant WABCO India integration WABCO takes majority control of Sundaram Clayton (Brakes division

Data lakehouse

• Data Streaming • Data Science • BI, ML & AI PRODUCTIVITY UPTIME ZF portal COMPLIANCE SUSTAINABILITY SAFETY SECURITY © ZF Friedrichshafen AG 21 (4E) Digital Fleet Connectivity Solutions SCALAR Connectivity SCALAR SaaS SCALAR Services Telematic solutions to Maximize Fleet Intelligence SaaS portal that enables actionable insights to end users Services that support and serve the entire supply chain ecosystem ZF Video Management Solutions AI Based Video Telematics Solution • Real-time insights, reduce accidents, • and optimize operations.​ Identify any abnormal situation or behavior • Advanced monitoring platform and safety dashboard SCALAR EVO Pulse SCALAR for Trucks Trailer Telematics and diagnostics solution. Truck Telematics and Fleet management solution. • Supplies real-time location & rich EBS • data Integrated truck/trailer data at home base • Directly connect to ZF tire sensors • Permanent and secure gateway for truck & driver information • One stop solution across multi-brand veh

Ashok Leyland

Impactful Innovation – Gold Award VECV - Outstanding Contribution in Field Support © ZF Friedrichshafen AG 34 ECAS – Electronically Controlled Air Suspension Applicated in ICE and EV buses with Ultra low Floor Entry • Modular and Scalable ECAS system • Maintains Constant below pressure while motions • Offers Outstanding suspension Quality • Intelligent Kneeling • Automatically returns to drive height when driver closes the doors based on intelligent system interaction with door control • Increased Passenger Safety • Reduced Air Consumption • Improved reliability of Air Suspension system 1000+ Buses fitted with ECAS © ZF Friedrichshafen AG 35 ESG Focused Business Model E S G Driving Decarbonization for a Greener World Implementing technologies to improve vehicle efficiency and reduce carbon footprint – eComp, AMT, EBS, E-CAPU • • Re-manufacturing solutions to avoid scrappage & to extend product life Focusing on Road Safety • 17,000+ drivers upskilled in partnership with RTOs and STUs •