JSW Energy Limited

rs,

oard of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Madam / Sirs, Further to our letter dated 11th May 2026, please find attached the Results Presentation in connect

2.6 GW

this presentation. JSW Energy Q4 FY26 Results Presentation 2 FY 2026 – Highlights of the Year 2.6 GW capacity added via disciplined organic execution and selective inorganic plays Strategic thermal

1,600 MW

ned organic execution and selective inorganic plays Strategic thermal growth anchored via Salboni 1,600 MW PPA; supply chain de-risked via partnerships & JVs Record EBITDA of ₹11,041 Cr (+81% YoY), driven

₹11,041

anchored via Salboni 1,600 MW PPA; supply chain de-risked via partnerships & JVs Record EBITDA of ₹11,041 Cr (+81% YoY), driven by seamless KSK & O2 integration, and organic RE build-out Vijayanagar, Karn

81%

Salboni 1,600 MW PPA; supply chain de-risked via partnerships & JVs Record EBITDA of ₹11,041 Cr (+81% YoY), driven by seamless KSK & O2 integration, and organic RE build-out Vijayanagar, Karnataka R

₹3,000

driven by seamless KSK & O2 integration, and organic RE build-out Vijayanagar, Karnataka Raised ₹3,000 Cr via a preferential equity allotment to promoters to accelerate growth Vertical integration acce

3,800 MT

nt to promoters to accelerate growth Vertical integration accelerated with commissioning of GH2 (3,800 MTPA) & Battery assembly plant (5 GWh) JSW Energy Q4 FY26 Results Presentation JSW Energy Q4 FY26 Boa

5 GW

Vertical integration accelerated with commissioning of GH2 (3,800 MTPA) & Battery assembly plant (5 GWh) JSW Energy Q4 FY26 Results Presentation JSW Energy Q4 FY26 Board Presentation 3 3 Agenda 01

48%

ghlights Q4 FY26 - Quarterly Highlights (1/2) Operational performance • Power sales volume: Up by 48% YoY, from 7.9 BUs to 11.7 BUs • RE generation rose 68% YoY from 1.7 BUs to 2.9 BUs • Thermal gener

68%

onal performance • Power sales volume: Up by 48% YoY, from 7.9 BUs to 11.7 BUs • RE generation rose 68% YoY from 1.7 BUs to 2.9 BUs • Thermal generation increased by 43% YoY from 6.2 BUs to 8.8 BUs • •

43%

to 11.7 BUs • RE generation rose 68% YoY from 1.7 BUs to 2.9 BUs • Thermal generation increased by 43% YoY from 6.2 BUs to 8.8 BUs • • Long Term PPA Generation: Grew by 25% YoY, from 6.9 BUs to 8.6 BU

25%

mal generation increased by 43% YoY from 6.2 BUs to 8.8 BUs • • Long Term PPA Generation: Grew by 25% YoY, from 6.9 BUs to 8.6 BUs Short Term PPA Generation: Surged 201% YoY, from 1.0 BUs to 3.1 BUs

“24 Sustainability: FY26 Performance Key Highlights Performance Climate Change ▪ Supply Chain Sustainability Assessment completed for FY26, as per SEBI’s requirement.”

“Ash Utilisation (%) 96.3% 100% FY26 FY30 Target CO2 intensity (tCO2e/MWh) PM Emissions (kg/MWh) 0.59 0.55 0.08 0.075 FY26 FY27 Target FY26 FY27 Target SOx Emissions (kg/MWh) NOx Emissions (kg/MWh) 1.8 1.60 0.84 0.75 JSW Energy Q4 FY26 Results Presentation Loss of Biodiversity by 2030 for JSW Energy.”

“25 ▪ Biodiversity Risk Assessment / NNL initiated at Sholtu Plant to progress towards No Net FY26 FY27 Target FY26 FY27 Target Continued Focus on Health Safety Excellence ContinuedFocuson Health&SafetyExcellence All Figures are for FY26 Safety Culture in Action Safety Performance • LTIFR - 0.13 Contractor Safety Management • Contractor field safety audits have been initiated in the MySetu Safety software to enhance contractor performance at Thermal business.”

“Other Income (₹ Cr) and Margins (%) Financial Highlights • Revenue for Q4 FY26 was down 9% YoY 181 -9% 4% 1,191 101 165 1,142 -34% 66 889 -1% to ₹165 Cr, while EBITDA down 34% at ₹ 66 Cr, mainly due to additional free 883 power from 12% to 18% Q4 FY25 Q4 FY26 FY25 FY26 Q4 FY25 Q4 FY26 FY25 FY26 • FY26 Revenue was up 4% at ₹ 1,191 Cr, While EBITDA for the year was down 1% at 883 Cr JSW Energy Q4 FY26 Results Presentation 40”

Total Pumped Hydro Storage

1

Investor Relations Contact

1

Total Pumped Hydro Storage

Under-construction PCKL 24.0 2.4 Total Pumped Hydro Storage Inc. Pipeline 26.4 BESPA: Battery Energy Storage Purchase Agreement | PHESFA: Pumped Hydro Energy Storage Facility Agreement JSW Energy Q4 FY26 Results Presentation 29.6 GWh lock-in capacity 21 Safety & Sustainability Sustainability: Framework and Policies 17 Focus Areas with 2030 Targets - from 2020 as Base Year Climate Change ▪ Committed to being carbon neutral by 2050 ▪ Reduce our carbon emissions by ~50% Renewable Power Enhance the renewable power to 2/3rd of our Total Installed Capacity Biodiversity No Net Loss for Biodiversity Waste Water Zero Liquid Discharge Waste 100% Ash (Waste) utilization Water Resources Reduce our water consumption per unit of energy produced Governance & Oversight by Sustainability Committee Independent Directors Mr. Sunil Goyal Ms. Rupa Devi Singh Executive Director Mr. Sharad Mahendra ESG Ratings – best amongst peers S & P Global (DJSI - ESG) : 82/100 TPI: Level 5 (highest rating) MSCI - “A” FT

Investor Relations Contact

ir.jswenergy@jsw.in ESG Data Profile ESG Data Profile Capacity and Off taker Details Installed + Under construction Portfolio Capacity Addition Offtaker Profile (Installed + Under construction Portfolio) Capacity (MW) Total Thermal Renewable Wind Solar Hybrid Hydro WB, 12% Others, 7% Open, 2% Installed Capacity 13,454 5,658 7,796 3,656 2,058 451 1,631 Percentage 100% 42% 58% 27% 15% 3% 12% Under Construction 14,048 3,200 10,848 2,353 3,547 4,798 150 Percentage 100% 23% 77% 17% 25% 34% 1% Installed + Under Construction Portfolio 27,502 8,858 18,644 6,009 5,605 5,249 1,781 % 100% 32% 68% 22% 20% 19% 6% HR, 1% TN, 2% UP, 4% C&I, 5% GJ, 3% HP, 1% MH, 7% 27.5 GW Group Captive, 15% (4.1 GW) SECI, 16% AP, 2% KA, 4% TS 2% NTPC 4% SJVN 6% PTC 4% RJ 5% C&I (MW) Installed Capacity Group Captive C&I Third party C&I Under Construction Capacity Group Captive C&I Third Party C&I Installed + Under Construction C&I Group Captive C&I Third Party C&I JSW Energy Q4 FY26 Results Presentation Total Thermal