250,000+ EMPLOYEES

MANY COMPANIES ONE PURPOSE 11 SECTORS

100+ COUNTRIES

22 INDUSTRIES

1 © by www..com 250,000+ EMPLOYEES MANY COMPANIES ONE PURPOSE 11 SECTORS

100+ COUNTRIES

22 INDUSTRIES

2 © by www.mahindra.com Our story begins in 1945, with two men on a mission.

THE MISSION driven by the core idea that people will Mr. J. C. MAHINDRA succeed if given an opportunity - was to bring the iconic Jeep onto Indian roads.

Mr. K. C. MAHINDRA

3 © by www.mahindra.com A SNAPSHOT OF MAHINDRA'S MILESTONES

The iconic Willy’s We set up Maxi Jeep comes to Motors Financial for the very We become Market Services, (now We pioneer Farm is first time, brought Leader & 100,000 Mahindra Finance) launched, credited in by M&M Mechanisation & tractors are flagged off to finance launch our first tractor to have shaped the by Mr. Keshub Mahindra Mahindra vehicles SUV market 1945 1949 1955-56 1961 1962 1980s 1986 1991 1996 2002

We set up Mahindra & We go public and Mahindra Ugine Joint Venture with Club Mahindra is born, providing Mohammed and officially listed on BSE Steel Co (MUSCO) British Telecom holidays on a timeshare basis commence steel trading is incorporated (now ) as a company (now Sanyo)

Project Nanhi Kali is born, providing primary to underprivileged girl children

4 © by www.mahindra.com A SNAPSHOT OF Mahindra launches the new Thar to MAHINDRA'S Rave reviews and MILESTONES wide acclaim

We set up Mahindra International, a truck & bus business through a JV with st We acquired The iconic Jawa comes The 1 Mahindra World Navistar International and startup Reva, and back to India, brought City is set up in – International Truck & Engine We set up the expanded our EV portfolio in by M&M subsidiary, a step in creating Corporation (ITEC), USA Aftermarket business sustainable urbanisation to personal vehicles Classic Legends 2002 2003 2005 2007 2008 2009 2010 2011 2018 2019 2020

We set up Mahindra Our acquisition of Punjab The PE & Corporate VC arm of We reposition from Unveiling of Shubhlabh Services Ltd. Tractors (now Swaraj) the is born, with Mahindra, to Mahindra Battista, to export quality grapes consolidates our market a USD 1bn+ fund to invest in Rise, our new identity is world’s 1st leadership businesses that shape the future based on our philosophy all-electric hypercar

Mahindra Tractors wins Japan Quality Medal (JQM) as a recognition of We acquire Gipps innovation and quality Aero, and Aerostaff, entering the aerospace sector

5 © by www.mahindra.com Rise gives us meaning and purpose. It instils in us ambition and attitude. To achieve whatever we set our minds to it asserts who we are, how we operate, what we believe in and our collective aspiration to be a globally admired brand.

6 © by www.mahindra.com CORE PURPOSE

Together, our core BRAND PILLARS purpose, brand pillars and core values form ACCEPTING ALTERNATIVE DRIVING POSITIVE NO LIMITS THINKING CHANGE the House of Mahindra the foundation and framework of our being

CORE VALUES Professionalism | Good Corporate Citizenship Customer First | Quality Focus | Dignity of the Individual

7 © by www.mahindra.com SHAPING INDUSTRIES TRANSFORMING LIVES

World's Largest Tractor Among India’s Company by Volume Top 5 IT Service Providers

No.1 Hospitality Company Amongst India's Largest outside of the USA We're Solar EPC Companies spearheading India's No .1 Multi-Brand India's biggest Large Certified Used- Company and paving Commercial Vehicle Maker new paths Pioneer in Building Smart Cities in Among India's Largest Third-Party India through Mahindra World Cities We are... Logistics Service Providers

Only Indian OEM in Formula E World's 1st All-Electric All- Racing Championship Hyper car - Pininfarina Battista

8 © by www.mahindra.com THE MAHINDRA GROUP – AN OVERVIEW

Aerostructures Information Technology

Aftermarket Insurance Broking

Agri-industry Logistics

Automotive Power backup …AND IN THE Boats 22 INDUSTRIES Real Estate & Clean Energy THAT SHAPE MOST Construction Equipment MODERN Rural Housing Finance

Consulting ECONOMIES Steel

Defense Trucks & Buses

Farm Equipment Two Wheelers

Hospitality Vehicle & Equipment Finance

9 © by www.mahindra.com GLOBAL FOOTPRINT UK FINLAND R&D facilities R&D facilities for Digitization, Smart Cities and TURKEY Electric Racing Technology, and for Harvesting R&D facilities for Farm global design with MADE Technologies with Sampo Rosenlew Mechanization with Erkunt

JAPAN R&D facilities for FRANCE Rice value Chain with Mitsubishi R&D facilities Agri Machinery for Two Wheelers Technology

USA R&D facilities for Automotive & CHINA Farm Technologies, ITALY Digitization, AI and IoT Two wheeler R&D facilities technology for Advanced EV With Technologies with INDIA Pininfarina & Two Automotive Engineering & Business presence wheeler technology Design, Connected & and R&D facilities Business presence Technology, Aerospace & Defense, Map not to scale, Automotive Tractors & Farm Machinery Two Wheelers Others Digitalization, AI & IoT For illustrative purpose only.

10 © by www.mahindra.com GLOBAL FOOTPRINT

The group has business Our R&D facilities are set up in presence in 100+ countries with 21 centers across 9 countries 50% revenue from outside India China, Finland, France, India, Italy, Japan, Turkey, UK, USA

41 INDIA 01 JAPAN 68 02 ALGERIA 01 KENYA Manufacturing 01 AUSTRALIA 01 facilities around the world 01 BANGLADESH 01 01 01 SOUTH AFRICA BRAZIL 01 01 SRI LANKA 01 01 TUNISIA CHINA Farm Equipment 01 03 TURKEY FINLAND Automotive 01 02 UAE Electric Vehicles FRANCE 01 04 USA Two Wheelers 01 INDONESIA Others

11 © by www.mahindra.com GROUP MARKET CAPITALISATION – FY21 Group Market Capitalization Split US$ 31.63 bn** INR 231,324 cr* 1.62 # (US$ 31.63 bn**) Others 20 3.36 Mahindra Finance 18

16

14 13.13 12 Tech Mahindra 10

8

6

4 INR 18,567 cr* 13.52 Mahindra (US$ 2.54 bn**) & Mahindra 2 INR 2,416 cr* (US$ 0.33 bn**) 0 FY 96 FY 06 FY 21

*Price as on 31 March of corresponding fiscal year # Others include Mahindra Logistics, Mahindra Holidays, , **US$ 1 = INR 73.137 Swaraj Engines, Mahindra EPC

12 © by www.mahindra.com MAHINDRA GROUP JOURNEY OF VALUE CREATION ₹ 1000/- invested in 1991 would have become more than ₹ 1.6 Lakhs today Over 157 times return in last 30 years at a CAGR of 18.4%

Share price of M&M (INR)

13 © by www.mahindra.com GROWTH DRIVERS…OUR GEMS We have identified certain unlisted businesses in our portfolio which could generate tremendous value. We would allocate the right resources to scale up these ‘Gems’.

Susten Rural Housing Finance Powerol Accelo Agri

Technology led Small ticket rural Telecom genset provider India’s leading steel Trusted provider of Agri utility scale solar housing loans, large with strong distribution; solution provider with inputs (seeds, crop dev-co with intl field force & customer- Scaling up through high foray into auto re-cycling care, irrigation) and EPC experience oriented products KVA gensets through Cero high-quality fruits

Aftermarket Classic Legends Mobility Bristlecone

Leading used car player Launched historic Full range mobility Specialist technology with end-to-end solution, brands in premium player with pan provider for supply vast franchisee network motorcycle segment; India presence & chain, serving Fortune & strong online presence Strong start in market EV focus 500 customers

14 © by www.mahindra.com GOVERNANCE IS OUR BEDROCK Growth, Governance & Social Focus

Business Board of Directors & Committees Vision Award M&M: ICSI National M&M: ‘Best Corporate Award for Excellence in Governance – India Corporate Governance in Compliance 2020’ award from Listed Segment: Large Business Vision Category’ for 2019

Promoting The Stakeholder Interest Mahindra People & Diversity Way M&M: Golden Peacock Global Award for M&M: India Corporate ‘Excellence in Governance & Sustainable Growth Corporate Governance Sustainability Vision for 2019 Award 2020

M&M: AAA rating for 6 years in a row, from four key Credit Rating Agencies

15 © by www.mahindra.com DEFENCE & AERO SECTOR OVERVIEW BUSINESS HIGHLIGHTS

Mahindra Defence & Aero sector is the Group’s Working on delivering 3 major programs: foray into the Hi-Tech Defence & Aero industry • Armoured Light Specialist Vehicle – an indigenously designed Govt focus on ‘AtmaNirbhar Bharat’ & developed vehicle for Indian Army driving growth in the industry • Integrated Anti-Submarine Warfare Defence Suite for the Indian Navy Dedicated state-of-the-art facilities created and capabilities built to support indigenization of defence manufacturing • Airport Surveillance Radar project

Only corporate house in India to have capabilities to support Partnerships in place with renowned Global OEMs for all 3 wings of Defence forces – Land, Naval & Air Force. Military Helicopters, Fighter Aircrafts and Drones

Land & Naval Radars & Aerostructures Homeland & Systems Flight Simulators & Composites Cyber Security Armoured, Tactical & JV with Telephonics, A reliable partner in Largest private sector Specialist vehicles to the USA for Radars & aerostructures supply player in India providing security forces in India as Electronic Surveillance chain manufacturing emergency response well as exports to UN systems. Only private parts, sub-assemblies & systems services. peacekeeping forces. Also sector entity in India flight critical assemblies doing Assembly, Integration manufacturing & for Global aircraft OEMs Also provide cyber & testing of M777 Howitzers exporting Airborne radars security services to for Indian army. Also supplying corporates. Advanced flight simulator composite components Underwater naval based training for Indian for Indian Space systems for Indian Navy Air Force pilots. missions as well as global OEMs

16 © by www.mahindra.com AGRI BUSINESS

OVERVIEW BUSINESS HIGHLIGHTS Mahindra’s Agri sector comprises of two flagship Achieved topline of Crs in F21 entities: Mahindra Agri Solutions Ltd. (MASL) and ₹ 1374 Mahindra EPC Irrigation Ltd. (MEIL) JVs with international partners for global technologies MASL offers high quality Agri inputs (seeds & in crop care, seed potato and protected cultivation. Agri chemicals) and is a leading grapes exporter. Business footprint in 19 Indian states for Agri inputs, MEIL (EPC), a Micro-Irrigation player, is listed on major presence in 5 continents for global fruit distribution stock exchanges, with 54% stockholding of M&M

Micro Irrigation Seeds & Seed potato Crop Care Fruit Exports Robust product Robust in-house R&D for 60:40 JV with Sumitomo 15 years of experience portfolio of Drip rice and vegetables seeds Corporation, Japan. in fruit exports and Sprinkler Leading rice seeds player Strong base of 800+ irrigation systems. in & Access to products of 12+ grape farmers in Nashik, Japanese Ago-chemical 4th largest industry Baramati and Sangli R&D companies player, 55%+ CAGR JV with HZPC, Netherlands, State-of-art packhouse in PAT growth in last 3 for global seed potato varieties Launched ‘B-Safe’ Nashik, years sanitizers in a record JV with Top State-of-art Aeroponics seed time of 3 weeks Acquired OFD BV, Greenhouse, Israel for potato plant in Mohali, Punjab Netherlands in FY’17 to protected cultivation bolster presence in EU & CN

17 © by www.mahindra.com AUTOMOTIVE BUSINESS OVERVIEW BUSINESS HIGHLIGHTS

Automotive Sector is part of the M&M Ltd F21 Consolidated Turnover*: ₹ 25990 Cr contributing 56% of total M&M Revenue F21 Sales Volume : 350k+ vehicles Among Top 3 Players in India in segments in which we play – PV, CV, Electric Despite industry volatility, maintaining Operating Margins between since FY13 Full Range Automotive Player with 11%-14% presence in 5 distinct business streams Ranked #2 in Forrester’s* Customer Experience Exports to 35+ Countries Index study for Automobiles in 2020-21

Passenger Vehicles Commercial Vehicles Electric Vehicles Authentic, Capable SUVs Presence across 3Wh, SCVs, Largest EV player in India with maker with unmissable Pick-ups, LCVs, MHCVs, close to 40k EVs on road. presence since 1949 Construction Equipment Market Leader (60% MS) in e3Wh

Global presence in 50+ Dominant Player in Completely in-house design, Countries – Pininfarina Pick-ups (2T – 3.5T) development and manufacture of EV (Italy), MANA, MSA etc. with 59% market share products with low voltage powertrains

Thar - Winner of 19 Awards; Strong up-country Partnerships with leading Declared Car of the Year at presence with 55%+ ecommerce companies for the 2021 Autocar Awards rural share of business electrifying their fleets

18 © by www.mahindra.com FARM EQUIPMENT BUSINESS

OVERVIEW BUSINESS HIGHLIGHTS Reliable, Powerful, Authentic

Farm Equipment Sector is part of the M&M Ltd F21 FES Standalone Turnover : ₹ 18,433 Cr contributing 41% of total M&M Revenue F21 FES Consolidated Turnover : ₹ 24,792 Cr Purpose is to democratize technology for small landholders across the world Despite industry volatility maintaining Standalone Maintaining Domestic Tractor Market Leadership profit margins of 18-20% in last 5 years over 3 decades with 38.2% Market Share in F21 Global presence in 59 countries with strong in-market presence in USA, Turkey and Japan Pioneering technology

Tractors Farm Machinery Farming As a Service: Krish-e Range of 15 to >100 hp; Farm mechanization solutions • Krish-e is increasing farmers’ income per are available across crop acre through the power of Agronomy, selling across 3 brands growth cycle with varying Mechanisation and Digitisation domestically – Mahindra, levels of penetration • Krish-e offers technology driven services Swaraj & Trakstar that are progressive, affordable and Leveraging Global Global presence through accessible across the complete crop Mahindra, Mitsubishi Technologies through our cycle. and Erkunt brands Centres of Excellence at - • Services include agronomy advisory • Mitsubishi Agri Machinery through demonstration plots & digital No. 3 in the U.S. market in for Rice Value Chain apps, advanced farm equipment rentals the below 100hp category1 • Sampo for Harvesting and new-age precision farming solutions • Hisarlar for Farm Implements • 52 operational centres across 15 states as on June ‘21 1 19 Based on 2019 data © by www.mahindra.com FINANCIAL SERVICES OVERVIEW BUSINESS HIGHLIGHTS

Largest NBFC in Rural and Semi-urban India Assets with ₹ 85601* Cr in Highest ratings for short term & long term F21 with YoY growth of 5% instruments by major rating agencies Robust pan India presence with Global presence, with key investments in 1800+ branches USA (MFUSA) and Srilanka (Ideal Finance)

Financing Insurance Rural housing Mutual fund Caters Farmers, Small Provides variety of finance A Joint Venture with traders, Self employed, Manulife, a global risk covers related to Provides loans for purchase, Salaried, Small and wealth and asset Life Insurance and renovation, construction of Medium Enterprises management company Non-Life Insurance houses to individuals in the and Neo-entrepreneurs 16.6 million rural and semi-urban areas A unique earn & pay customers of the country. Offers wide variety of model with customised investment solutions Field investigation based credit repayment options and Networks in pan-India, with focus scoring for customers with speedy loan approvals 40+ countries for on semi-urban areas limited credit history, and limited reinsurance broking Loans available at or no documentation available Assets over ₹ 6000 Cr attractive interest rates from 2.3+ lacs investors and least documentation Flexible payment options to cater to erratic agricultural incomes 7.4 million customers across 3.8+ lakh villages 1.08 million customers across 14 states and 1 union territory

© by www.mahindra.com 20 Note* 1. Excludes MFUSA & MMIMPL Asset HOSPITALITY

OVERVIEW BUSINESS HIGHLIGHTS

Mahindra Holidays & Resorts India Ltd (MHRIL) is Under Ind AS 115 (YoY – FY21 over FY20) part of Mahindra Group EBITDA – 18% (YoY) ; PBT – 37% (YoY) MHRIL is the largest vacation ownership st company in the world (outside USA) Cash Position – Rs 940cr (as on 31 March’21) Holiday Club Resorts Oy, a leading European timeshare company is a fully owned subsidiary of MHRIL

Club Mahindra - India Holiday Club - Finland Leisure Ecosystem Over 250,000+ member base Over 60,000+ member base Club M Select: Member Experiences and 79 Resorts in India and 33 resorts and holiday Privileges Program across the World homes across Finland, Sweden & Spain Horizon – 2000+ With Room Inventory of In-City Experiences ~4200 rooms Network of 210+ Over 1000+ experiences Partner Hotels across to offer to members India, Europe and Asia

21 © by www.mahindra.com INFORMATION TECHNOLOGY

OVERVIEW BUSINESS HIGHLIGHTS FY’21

IT represents the connected world for $ 2.2 Bn Net New Deal Wins for Tech Mahindra Mahindra Group, offering innovative and customer-centric information technology 40% Digital Revenue at Tech Mahindra experiences, enabling Enterprises, CONNECTED WORLD Associates and the Society to Rise. Bristlecone is the leading provider of AI-powered application transformation services for the connected CONNECTED EXPERIENCES With Tech Mahindra and Bristlecone – supply chain Mahindra Group in IT Services provides RETAIL Bristlecone’s capabilities include SAP Solutions, Platform digital transformation, consulting and BFSI HEALTHCARE business reengineering services and Solutions, AI & Analytics, Connected Technologies and solutions. Modern Engineering MEDIA TRAVEL & LOGISTICS Tech Mahindra the only Indian company in the ‘2021 COMMUNICATIONS $5.1+ Billion Enterprise Global 100 Most Sustainable Corporations’ by Corporate Knights CONSUMER GOODS 121,000+ Employees Tech Mahindra ranked amongst the Top 15 Global IT TECHNOLOGY 90+ Countries Services Brand by Brand Finance in 2021 GOVERNMENT 1,007+ Active Customers Bristlecone ranked amongst the Top 10 Leaders in Supply Chain LIFE SCIENCES MANUFACTURING ENTERTAINMENT PORTFOLIO COMPANIES *SOFGEN is now TechM Banking Products

22 © by www.mahindra.com MOBILITY SERVICES

OVERVIEW BUSINESS HIGHLIGHTS

Purpose: ‘Transforming India by Connecting Among India’s largest 3PL solutions providers People, Places and Assets’ specializing in supply chain management Delivering industry-first solutions through sustainability, innovation and technology Full range enterprise mobility player (B2B, B2B2C, B2C) Sunrise sector with all 3 businesses being 1st and largest organized used car player with potential Billion $ candidates India’s #1 auto auction portal (eDiig), used car pricing engine (IndianBlueBook) and vehicle inspection service (Autoinspekt)

Transport as a Vehicles as a Mobility as a Solution (TaaS) Solution (VaaS) Solution (MaaS) MLL: Amongst leaders in MFCW: Leading Meru + Alyte: Pan-India warehouse management with 16+ end-to-end enterprise and EV-led presence with million sq. ft of warehouse space retail solutions for used cars 70,000+ vehicles (300+ EVs) delivering 7+ Mn 10,000+ cargo vehicles personal rides per year deployed every month Carandbike: Leading auto portal with 13 Mn+ unique view Zoomcar: Pioneer brand Porter: Online goods transport in shared mobility and marketplace with 10 Mn+ rides in 6 self-drive rental segment cities since being founded in 2014 with 10,000+ cars

23 © by www.mahindra.com PARTNERS OVERVIEW BUSINESS HIGHLIGHTS

• Our vision: Accelerated value creation through a diversified global portfolio of emergent Portfolio Companies: 16 businesses driven by constant innovation, prudence and creative business models • Mahindra Partners has invested in and nurtured over 20 businesses across sectors such as Employees: 3,000+ healthcare, clean-tech, renewables, consumer retail, industrials and logistics Revenue: USD 800 MN • We provide our portfolio capital, operating expertise & strategic guidance • Focus Areas: Growing our existing portfolio in clean-tech, consumer retail, healthcare and IPOs: 1 industrials Unicorns: 1 MAJOR BUSINESSES

Sustainability Industrials Consumer & Clean-tech & Manufacturing & Retail

Healthcare Services

24 © by www.mahindra.com REAL ESTATE

OVERVIEW BUSINESS HIGHLIGHTS

Mahindra Lifespace Developers Ltd. (‘MLDL’) Development footprint spanning 25.7 million is the real estate and industrial infrastructure sq. ft. of residential projects across seven arm of Mahindra Group Indian cities; and over 5000 acres of Mahindra and Mahindra Ltd. has a integrated developments and industrial clusters 51.5% stake in MLDL A pioneer of environment-friendly, sustainable developments in India; one of the few developers in India with a 100% certified portfolio

Residential developments Industrial Cities and Clusters

Modern, multi-family apartments in Large format Industrial Cities that provide integrated urban, residential communities infrastructure for transnational and Indian companies in the manufacturing and services sectors Value homes that enable health and • Domestic Tariff Areas, Special Economic wellbeing Zones and co-located residential zones • Developments in public-private partnership with state industrial bodies

Strategically located Industrial Clusters in proximity to high growth corridors

25 © by www.mahindra.com TWO WHEELERS OVERVIEW Mahindra has invested in two Iconic Two-Wheeler Brands

BUSINESS HIGHLIGHTS

PMTC has leadership in the 50cc segment – Kisbee is the best- Classic Legends became the second largest selling scooter in France, and the #1 50cc scooter in the EU. player in its segment (250-500 cc) New Metropolis continues as the flagship with a strong demand. within twelve months of inception In 2020, PMTC sold across the world, with a 75,430 units The company operates pan-India with a revenue of 151.4 Mn Euros^, a growth of 28% over 2019. footprint of 100+ dealerships. The In the current year, as of YTD June, PMTC volumes have been network is slated to double its size in FY 21 +14.8% above the previous year. The demand continues to be robust, but semiconductor chip shortage and transportation issues are affecting the supplies.

PEUGEOT CLASSIC LEGENDS

Peugeot Motocycles is the PMTC is headquartered at Mandeure, Classic Legends is 60% owned by Mahindra. Their portfolio of 2W side of the legendary in the east of France with active sales iconic motorcycle brands include Yezdi and the BSA. It is bringing French auto brand. operations in 50+ countries & these brands back and will eventually offer to its customers manufacturing in China, India and lifestyle options which contemporize the classic and are authentic Peugeot is the world’s oldest Vietnam (CKD partner) besides France. 2W Brand and celebrated Jawa was founded in 1929 in Czechoslovakia. The motorcycle was produced 210 years in Oct 2020. and sold in India from 1961 to 1973. It was the fore runner to the Yezdi. Europe acquired It is a pioneer in EVs a 51% stake in PMTC in 2015, and the Classic Legends resurrected Jawa in Nov 2018 by introducing Jawa having made its foray into balance stake in December 2019 making Classic and the Jawa forty-two and has recently added the Perak. the segment in 1996. it a 100% Mahindra subsidiary.

© by www.mahindra.com 26 ^ 100% consolidated It’s not about how “big we become but how we become big.

Anand Mahindra ” Chairman, Mahindra Group

27 © by www.mahindra.com AND THAT’S WHY IN EVERYTHING WE DO, WE RISE FOR GOOD.

28 © by www.mahindra.com

In whatever we do, we aim to make lives better. That’s “ “why doing good is as important to us, as DOING GOOD BUSINESS.

COMPASSION IT’S WHY WE

Rise for Good is our desire in action - the desire to drive positive change among our stakeholders, in the community, and in the world.

29 © by www.mahindra.com Empowering our people Serving community Rejuvenating the planet Business for good

. Our Green businesses Nanhi Kali – 4.7lakh plus 16 Mahindra group companies MLU, Women Leadership have generated a revenue of SMART – 1 lakh plus have got their Science based and MIT – 54 women 600+ million USD in F20 alone targets approved by F21 managers trained 500,000+ Youth Skilled through 1 million + metric tonnes of Mahindra Pride and Tech 19.08 million trees ESOPS – 2,72,467 CO2 mitigated through our Mahindra Smart Programs planted since 2007 Employee hours in F21 green businesses in F20 across the group / 83,789 Mahindra Group donated 22 locations across the group are employee - hours from 50 crore to PM Cares for Zero Waste to Landfill certified M&M COVID 1 relief fund

M&M ltd became one of the 8 Global Transport OEMs in leadership band to receive “A” ratings in CDP climate change and water security

30 © by www.mahindra.com THE MAHINDRA GROUP – AN OVERVIEW WE ARE PRESENT IN 11 SECTORS

AUTOMOTIVE AEROSPACE & DEFENSE MOBILITY SERVICES AGRI BUSINESS FARM EQUIPMENT

FINANCIAL SERVICES HOSPITALITY IT PARTNERS REAL ESTATE TWO WHEELERS

31 © by www.mahindra.com OUR COMMITMENT TO THE ENVIRONMENT

1st company to commit 1st carbon neutral factory in the 1st to reach zero waste to landfill at a to doubling energy India. Mahindra Group committed factory in India (2nd in the world). productivity in the world to be carbon neutral by 2040 20 locations across the group certified.

1st to use a carbon 1st to join Science Based 1st holiday resort to be 100% renewable price in India Targets program in India energy powered in India (Kanha)

Investments in sustainability Solar energy, waste to energy, Mahindra is water positive programs give superior recycling of automobiles, micro- overall. Future focus is on economic returns and have irrigation, electric vehicles and reducing fresh water use high environmental and green buildings are examples and also be water secure social impact of our green businesses in each location

32 © by www.mahindra.com OUR 10 COMMITMENTS Towards environment, social and governance (ESG) 1 2 3 4 5

Achieve Carbon Get 100% sites Zero Waste Continue being a Water Use 100% Renewable Attain 100% improvement Neutrality by 2040 to Landfill (ZWL) certified Positive group Energy (RE-100) in Energy Productivity (EP-100)

6 7 8 9 10

Incorporate Internal Plant 5 mn trees per year Educate 1 mn girl children Support 1m woman per Set gold standard in Carbon Pricing in our under Project Haryali per year under Project year under Woman Governance, Compliance, business decisions Nanhi Kali Empowerment Initiative and Disclosures

33 © by www.mahindra.com DOING GOOD MAKES GOOD BUSINESS SENSE Today, several of our businesses have 'doing good' as their core value proposition.

DRIVING RURAL FINANCIAL PROSPERITY INCLUSIVITY

CLEAN ENERGY

GREEN MOBILITY

GREEN LIVING SPACES

34 © by www.mahindra.com MAHINDRA RISES TO FIGHT COVID-19 Unprecedented times require mankind to undertake extraordinary measures, stand and act in solidarity, like never before! Every possible resource within the Mahindra Group is being actively and uniquely leveraged to help beat the Coronavirus pandemic, in India and internationally.

Produced and delivered 250,000 face shields and Free emergency cab service (Alyte) 350,000 face masks to frontline medical staff, police, launched in 9 cities for doctors, nurses, single Bombay Municipal Corporation and community members mothers, specially-abled individuals, and senior citizens. 5000+ registrations received in under Started production of aerosol 20 days. 1000+ customers served. aspiration box in India Crowdsourced and donated funds to drivers Produced and Supplied 34,000 litres of impacted by the location under HOPE (Helping disinfectants and sanitizers by quickly Our People during Emergencies) relief-fund converting existing production facilities

Donated ₹50 crores to the PM CARES FUND Re-aligned frugal engineering capabilities to prepare a prototype of PEOPLE, low cost ventilators, in just 5 days PRODUCTS AND SERVICES Donated funds to Maharashtra Chief Minister’s Provided meals/ration packets to 210,000+ people. Relief Fund, Deputy Commissioner’s Office – Since 30th March, 9000+ beneficiaries have Mohali and Thiruvalluvar District Collectorate received daily nourishment across 12 locations Employee voluntary contribution 50 of our resorts across India have been made available of ₹2 crores towards the Mahindra as temporary care facilities to the government Foundation COVID-19 relief fund

35 © by www.mahindra.com MAHINDRA RISES TO FIGHT COVID-19 Unprecedented times require mankind to undertake extraordinary measures, stand and act in solidarity, like never before! Every possible resource within the Mahindra Group is being actively and uniquely leveraged to help beat the Coronavirus pandemic, in India and internationally.

Face Masks Meals

Face Shields Apps

Sanitizer Emergency Services With

Aerosol Aspiration Box Temporary Care Facility

RISE BEYOND BORDERS TECHNOLOGY TO CONNECT CITIZENS AND GOVERNMENT Initiated employee voluntary contributions to raise funds for COVID-19 relief work: Developed and deployed a block chain based ePass solution for state Governments to streamline validation and mobility or essential services

Partnered with nine Partnered with Raising funds in Helped developed Integrated Digital Health Platform major food banks Malaysia Digital Economy Philippines and to provide remote access to healthcare to raise US $110,000 Corporation and Red Indonesia also in the USA Cross Society of China Dial 100 emergency services and coordinate citizen services Producing and delivering aerosol boxes, face shields and masks in the USA Supported Ayushman Bharat with service center capabilities to message queries from citizens. Collecting used laptops and PCs to distribute to students from low-income households in the USA Collaborating to create computational drug discovery models to help find a cure for COVID-19

36 © by www.mahindra.com WE ARE DRIVEN BY INNOVATION

DO MORE WITH LESS DO IT TOGHETHER DO IT FOR ALL

Our endeavour is to always take We succeed by proliferating We fuel growth through inclusive frugal steps to achieve mighty wins ideas through collaboration and accessible innovations

INNOVATION IT’S HOW WE FUTURE + RISE = “ Because we constantly challenge the status quo, we’re able to find alternative ways to innovate and drive positive change. An integral part of our DNA, innovation “ is a key driver of business success. This reflects in our An Action word that means to creative expression. FUTURise, It is our culture, our ethos – where we innovate more with less, innovate ‘Bring in the FUTURE’. together, and innovate for all.

37 © by www.mahindra.com Through our innovative endeavours, we

Mobility Urbanisation Farm Technology Information Technology

Mahindra Racing Mahindra World City DiGiSENSE Makers Lab Formula E, the all-electric We are transforming cities We ensure farmers peace of Our IT R&D centres, racing series is a catalyst into integrated hubs for mind and ease in farming Makers Labs, leverage to accelerate electric smarter living, with intelligent with DiGiSENSE, enabling augmented reality to offer vehicle development with water management, live-tracking, geo-fencing, futuristic solutions to our partner our ‘Race-to-Road’ vision. integrated energy solutions, and vehicle diagnostics for companies and customers. and smart surveillance. tractors. GAiA Mahindra AgTech Pininfarina Battista UP 100 An intelligent, self-evolving st Centre, USA It’s the world’s 1 all-electric Tech Mahindra, open-source AI platform that The research project is luxury hypercar that touches Mahindra Defence and UP is an evangelist in supporting our endeavor to advance 0-60 mph in under 2 Police have joined hands to business processes as well farm mechanization by seconds – that’s faster than create the world’s largest as delivering solutions for introducing newer a current Formula 1 car. integrated response centre climate change. for the safety of citizens. technologies such as fruit- picking robots.

38 © by www.mahindra.com OUR LEADERSHIP The people who spur us to our summit and inspire us to aim higher Chairman, Mahindra Group

CP Gurnani SP Shukla Ashok Hemant Sikka Kavinder Singh Dr. Anish Shah Rajesh Jejurikar Amit Sinha MD & CEO Group President Sharma President - MD (MHRIL) & MD & CEO, Executive Director President Tech Mahindra Agri, Aerospace. President - Agri Farm Equipment President (Leisure Mahindra Group Auto & Farm sector Group Strategy Defence and MD & CEO and Hospitality Steel Sector Mahindra Agri Sector) Solutions

L Ravichandran Manoj Bhat Manoj Chugh Ramesh Iyer Ruzbeh Irani S Durgashankar Vivek Agarwal Zhooben President & COO President and Group President - Vice Chairman President President - Group President, BFSI, Bhiwandiwala Tech Mahindra Chief Financial Officer Group Public & MD (MMFSL) & Group HR & Controller of Finance HLS, Corporate President - Affairs President (Financial Communications & Accounts Development, Mahindra Partners Services Sector) Tech Mahindra Group Legal & Compliance

39 © by www.mahindra.com OUR EFFORTS ARE GETTING NOTICED…

nd 2 on India’s Best Companies to One of the most Trusted Brands 14th on India’s Coolest Work For of India Workplaces Survey M&M | Great Place to Work Institute M&M | CNBC-TV18 M&M | Business Today

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