Minda Corporation Limited

rs,

ast), Mumbai - 400 051 Scrip Code: MINDACORP Head - Listing Operations, BSE Limited, P.J. Towers, Dalal Street, Fort, Mumbai – 400 001 Scrip Code: 538962 Sub: Presentation on “Minda Corporation

6.77%

a p s w w w . Global & Indian Automotive Industry with Strong Recovery and Growth Tailwinds 6.77% CAGR Global Automotive ($ Bn) 2023 2033 Indian Automotive ($ Bn) 8.8% CAGR 129 276 2025

8.8%

Growth Tailwinds 6.77% CAGR Global Automotive ($ Bn) 2023 2033 Indian Automotive ($ Bn) 8.8% CAGR 129 276 2025 2034 India’s auto sector logged 9% production volume growth in FY25, led b

9%

2023 2033 Indian Automotive ($ Bn) 8.8% CAGR 129 276 2025 2034 India’s auto sector logged 9% production volume growth in FY25, led by 2W (+11.3%) and PV (+3.3%) hitting record volumes (PV :

11.3%

129 276 2025 2034 India’s auto sector logged 9% production volume growth in FY25, led by 2W (+11.3%) and PV (+3.3%) hitting record volumes (PV : 5.06M, 2W: 23.9M units) Utility vehicle production s

3.3%

2034 India’s auto sector logged 9% production volume growth in FY25, led by 2W (+11.3%) and PV (+3.3%) hitting record volumes (PV : 5.06M, 2W: 23.9M units) Utility vehicle production surged 13.6% YoY

13.6%

PV (+3.3%) hitting record volumes (PV : 5.06M, 2W: 23.9M units) Utility vehicle production surged 13.6% YoY, hitting a record high of over 4.2 million units in FY24-25 The automobile sector received a

4.2 million

.06M, 2W: 23.9M units) Utility vehicle production surged 13.6% YoY, hitting a record high of over 4.2 million units in FY24-25 The automobile sector received a cumulative equity FDI inflow of about $36.26 Bn

10%

Global & Indian EV Automobile Industry The global EV industry is expected to grow at a CAGR of 10% to $1614.1 bn by 2032 Globally, the demand for electric vehicles is increasing due to rise in fue

22%

cies Global EV Automobile ($ Bn) Indian EV Automobile ($ Bn) 1614 10% CAGR 731 2024 2032 22% CAGR 23 2024 118 2032 Sources - fortunebusinessinsights | skyquest | International Trade Adm

30%

ase in Content per Vehicle Domestic Indian E2-Wheeler Sales EVs are expected to drive a min. 20-30% increase in content per vehicle 6.2mn. E2W Estimated unit sales FY29F 6,240 24.0% ~1 mn. EPV E

24.0%

drive a min. 20-30% increase in content per vehicle 6.2mn. E2W Estimated unit sales FY29F 6,240 24.0% ~1 mn. EPV Estimated unit sales FY29F (in ‘000) ~17-20% 990 0.1% 0.2% 0.3% 28 24 45 1.8

“18% CAGR 200 170 144 122 103 80.2 74 Auto components exports, $ billion 15 23 7.0-7.5% p.a 28-32% p.a.”

“Accelerating Leadership as the Fastest-Growing EV Platform Acquired 49% stake in leading manufacturer of Powertrain & EV Components Financial & Other Highlight (FY25) Revenue Rs.”

“1,247 Cr Debt reduction to 0.3x Growth funded via internal accruals + equity Need Based Working capital Management Reduced WC days from 53 in FY22 to 31 in FY25 Release Cash ~Rs.”

“1000 crores Capex Rs.342 Cr in FY25 from Rs.131 Cr in FY21 ~ Rs.”

“Vision 2030 Revenue EBITDA Margin Debt Equity High ROCE FY25 FY25 FY25 FY25 Rs.”

HC

2

Enclose as above

1

Superior Quality of Assets

1

Cost Leadership

1

ESG at core

1

Corporate Office

1

Registered Office

1

Enclose as above

Minda Corporation Investor Meet | 23rd September 2025 www.sparkminda.com Safe harbour statement Statements in this presentation describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/or other incidental factors. Agenda 1 Industry Overview 2 Company Overview 3 About – Flash Electronics 4 Financial Performance 5 Vision & Future Roadmap 6 Investment Rationale INDUSTRY OVERVIEW . i m o c a d n m k r a p s w w w . Global & Indian Automotive Industry with Strong Recovery and Gr

HC

900 In Plan SMIT, ASEAN Systems solution provider HC : 600 SMIT, Chakan Components Evolving System Solutions

HC

1200 AI Intelligent , Smart & Sustainable solutions High Performance Computer Systems Zonal Controllers SwAP products Cyber security solutions ADAS Cockpits Process components ~180 ~330 ~450 SMIT 1.0: 2017 ~2022 SMIT 2.0: 2023 ~ 2026 SMIT 3.0 : 2027~2030 INVESTMENT RATIONALE . i m o c a d n m k r a p s w w w . Minda: Investment Proposition Diversified Automotive Technology Supplier + Strong Financial Delivery + Looking Ahead – Growth & Capital Allocation

ESG at core

37% renewable energy in FY25 780+ PwDs employed 42% carbon footprint reduction by 2030 21%+ CAGR in Reveue over 5years 28%+ CAGR in EBITDA over 5years 18%+ 5-year average ROCE 28% CAGR in PAT over 5years Growth Trajectory o Revenue – 3.5x o EBITDA increase > 3x o System Solution Provider >500% 5-year Shareholding Return* o Strong promoter shareholding o Reduction in overall debt o Focus on product premiumization Mergers and Acquisitions and Strategic Partnerships *Shareholding return as on 31st Mar 25 (FY21 to FY25) o Scale EV portfolio o Expand global footprint People: Our Biggest Asset 18,000+ Total Workforce FY25-26 HR Key Focus Areas 80% 83% 751 310044 350+ Great Place to Work Certified (Trust Index) Amber – Employee Experience Platform (Employee Experience Score) Average DEI – Person with Age Disabilities Total Learning Hours Nurturing Talent Promotions, IJP, Transfers, Associate to Staff HR Operations & Policies HR Process Digitization Talent Acquisition & Branding Talent Managem

Registered Office

A–15, Ashok Vihar, Phase – 1, Delhi – 110 052 INVESTOR RELATIONS CONTACT Nitesh Jain Lead- Investor Relations Minda Corporation Limited nitesh.jain@mindacorporation.com +91 96491 31472