Annexure to Board’s Report as per Section 197(12) of the Companies Act, 2013 ('the Act') read with Rules framed thereunder and the Companies (Particulars of Employees) Rules, 1975 as at March 31, 2019 A. Particular of Top 10 employees in terms of remuneration drawn as prescribed during FY2018-19

Date of Gross Net Last Employment Sr No Name Age Yrs Designation Qualification Exp Yrs Commemcement Renumeration Renumeration Designation - Period of employment

1 Guenter Butschek 58 MD & Chief Executive Officer 22,29,71,131 14,12,08,965 Grad in Busi Admin & Economics, Diploma, Germany 38 15-Feb-16 Airbus,.Manuf/Prodn/Operations- 4 yrs 2 Pathamadai Balachandran Balaji 49 Chief Financial Officer-TM Group 8,27,94,663 5,16,09,198 B.Tech(Mechanical), PGDM(Management) 26 14-Nov-17 Hindustan Ltd.,- 25 yrs 3 Thomas Cannon Flack 50 Chief Purchasing Officer 4,74,89,569 3,01,37,430 BA(Management), MBA(Marketing) 16 26-May-17 Ford Motor Company,- 14 yrs 4 Mayank Pareek 58 President-PVBU 4,17,25,993 2,63,54,312 PGDM(Management) 28 01-Oct-14 Ltd,- 23 yrs 5 Girish Arun Wagh 48 President-CVBU 2,93,04,985 1,84,89,383 BE(Mechanical), PGDM(Management) 27 15-Jul-92 - 6 Gajendra Pal Singh Chandel 57 President & Chief Human Resource Officer 2,72,78,690 1,72,53,809 Master of Arts 27 08-Apr-14 Tata Autocomp Systems Ltd,.HR / PSD / Safety/IR- 9 yrs 7 Satish Balkrishna Borwankar 66 ED & Chief Operating Officer 2,41,74,579 1,51,88,421 B.Tech(Mechanical) 45 02-Aug-74 - 8 Fernando Rodriguez Martin 55 Vice President-BU Engineering 2,38,84,904 1,52,04,985 ME(Aeronautical) 31 08-Feb-16 Renault Sas,.Manuf/Prodn/Operations- 27 yrs 9 Aasif Huseini Malbari * 44 Vice President-Finance, Group Controling 2,30,83,675 1,47,98,665 ACA, ACS 20 20-Apr-18 Hindustan Unikved,Packaging- 19 yrs 10 Sibendra Nath Barman 57 Vice President-Sales & Marketing, CV 2,20,77,153 1,40,30,902 B.Tech(Mechanical) 28 14-Oct-15 MSIL,.Manuf/Prodn/Operations- 25 yrs B. Particulars of employees in receipt of remuneration (a) Rupees One crore and two lakh per annum and (b) Rupees Eight lakh and fifty thousand per month during FY2018-19 1 A K Mishra* 59 Manager-Quality 29,65,474 25,34,164 Diploma(Electronics), BSc Engineering(Electrical) 31 27-Apr-87 - 2 A K Mukhopadhyay 58 Vice President-Finance, Business Planning & Controlling 1,26,53,378 81,47,209 M Com, FCMA, ACA, ACS 36 07-Jun-01 Ltd-Bokaro Steel Plant,Finance/Price Panel-18 yrs 3 A V J L Gupta* 49 Assistant General Manager-Materials 17,39,148 15,04,657 BE(Mechanical), M.Tech(Tool Design) 23 20-Feb-95 - 4 Abhay Padmakar Bawale 57 Sr. General Manager-Finance 1,06,88,372 69,68,020 ACA, ACS 34 27-Aug-13 Fiat India Automobiles Ltd,.Finance / Price Panel- 5 yrs 5 Aftab Siraj Patel* 38 Deputy General Manager-Purchase 10,90,959 10,25,009 ACA, ACS 16 09-May-05 ICICI Bank,.Finance / Price Panel- 0 yrs 6 Ajoy Behari Lall 57 Sr. General Manager-Manufaturing 1,35,07,498 86,50,083 BE(Mechanical), PGDM(Business Management) 34 05-Aug-85 - 7 Alok Sawhney* 47 Deputy General Manager-Special Projects 13,02,765 11,64,272 BE(Electrical) 24 11-Mar-13 Lear Corp,- 2 yrs 8 Anil Kumar Sinha 55 Sr. General Manager-Quality 1,42,18,584 91,36,292 BE(Mechanical), PGDM(Management) 34 15-Nov-11 New Holland FIAT India Ltd,- 14 yrs 9 Aniruddha Mohan Kulkarni 48 Vice President-BU Engineering 1,23,54,049 80,52,390 MMS(Systems), BE(Mechanical) 27 18-Jan-16 Force Motors,.Manuf/Prodn/Operations- 13 yrs 10 Arvind Madhukar Bodhankar* 50 Sr. General Manager-Safety, Health & Environment 80,45,112 54,89,353 MBA(Marketing) 30 17-Dec-14 Cadbury India Ltd.,.HR / PSD / Safety/IR- 4 yrs 11 Ashesh Dhar 50 Sr. General Manager-Sales & Marketing, CV Passenger 1,20,63,155 78,84,910 BE(Mechanical) 28 11-Aug-11 Mahindra First Choice Wheels Ltd,.Sales & Marketing- 5 yrs 12 Bhanu Prakash Sood* 46 Senior Manager-Passanger Vehicle 8,87,574 8,53,621 B.Tech(Mechanical), PGDM(Marketing) 22 23-Jun-03 Ltd,.Sales & Marketing- 2 yrs 13 Charudeepa Vaidyanathan* 43 Sr. General Manager-Internal Audit 33,88,725 23,68,788 B.Sc, PGDM(Information Technology) 3 09-May-16 Edelweiss Tokio Life Insurance Co. Ltd.,- 1 yrs 14 Chetan Jyotisarup Chawla 58 Sr. General Manager-Manufaturing 1,14,43,000 74,16,693 BE(Mechanical) 10 27-May-11 Mahindra Navistar (),- 2 yrs 15 Deepak Mishra* 56 General Manager-Transmission 24,34,445 17,19,017 PGDM(Business Management), M.Sc- Engineering(Production) 34 14-Jul-84 - 16 Dinesh Bhasin* 60 Vice President-Customer Support 96,68,421 66,26,371 MBA(Business Administration) 18 30-Jun-11 Hyundai Motor India Ltd,.After SS / Dealer Mgt- 1 yrs 17 Gagan Umeshchandra Gupta* 35 General Manager-Commecial Vehicle 9,18,010 8,50,509 BE(Mechanical), PGDM(Others) 8 03-Jan-11 ,- 1 yrs 18 Gangadhar Sharadchandra Nadgouda* 60 General Manager-SRM & Purchase Policy 38,09,837 28,84,187 B.Tech(Metallurgy), M.Tech(Metallurgy) 34 12-Jan-07 Maruti Udyog Ltd,.Log/Purch/MM/Vendor Dev- 22 yrs 19 Gaonkar Rajaram Kashinath* 58 Operator-Chassis Assembly 4,98,476 4,28,905 ITI 39 22-Aug-79 - 20 Girish Mukund Govande* 51 General Manager-Quality Audit 26,40,031 21,03,303 BE(Metallurgy) 31 27-Jan-09 Chrysler India Ltd,.Log/Purch/MM/Vendor Dev- 0 yrs 21 Girish Upadhyay* 42 Deputy General Manager-Market Research 31,05,897 24,13,045 B.Sc(Science), MBA(Marketing) 18 20-Feb-13 Starcom Mediavest Group,.Sales & Marketing- 7 yrs 22 Gopinath C J 46 Vice President & Chief Information Officer 1,41,65,601 90,14,588 BE(Mechanical), M.Sc(Manufacturing) 11 27-Mar-17 Whirlpool of India Ltd,.Manuf/Prodn/Operations- 3 yrs 23 Gordon Calder* 54 Sr. General Manager-Product Planning 33,19,155 24,64,813 BE(Mechanical) 29 18-Jun-12 EDAG,- 3 yrs 24 Gubbi Ramaswamiah Nagbhushan 59 Sr. General Manager-Engineering 1,28,40,090 82,11,371 B.Tech(Mechanical) 38 01-Jul-81 - 25 Hoshang K Sethna 55 Company Secretary 1,56,93,401 99,46,200 B.Com, ACS, LLB 32 03-Jul-95 Tata Oil Mills Co,- 1 yrs 26 Ilango S* 57 General Manager-Field Service 1,18,36,183 80,66,099 B.Sc(Physics), B.Tech(Automobile) 29 10-Aug-92 Hindustan Motors Ltd,- 3 yrs 27 John O'Connor * 55 Vice President-Product Line 1,63,80,698 1,03,94,084 BE(Mechanical), MBA(Others) 11 01-Jun-18 Tata Motor,Engineering Design/R & D- 1 yrs 28 K Chandru* 60 Sr. General Manager-Gasoline & CNG 79,29,071 41,59,911 BE(Mechanical), ME(Mechanical) 37 16-Sep-15 TATA Technologies Ltd.,.Manuf/Prodn/Operations- 15 yrs 29 K Veeramani* 60 General Manager-Engine Design & Testing 34,30,288 26,47,707 B.Sc(Math/natural sciences), B.Tech(Mechanical) 36 16-Sep-15 Tata Technologies Ltd,- 16 yrs 30 Karl-Heinz Servos* 60 Vice President-Product Line 74,05,437 48,88,981 Diploma(Physics) 30 01-Oct-11 VW/ Audi,- 9 yrs 31 Kartik Grover* 44 Deputy General Manager-Customer Experience 11,47,347 10,59,896 PGDM(Marketing) 21 16-Dec-13 GE Capital,.After SS / Dealer Mgt- 6 yrs 32 Limaye Chandrakant Devidas* 60 Senior Manager-Proto Planning 8,66,057 7,89,315 ITI(Others) 42 01-Sep-76 - 33 Lokesh Prem Agarwal* 53 General Manager-ICV Factory 59,06,956 41,09,656 BE(Mechanical) 29 07-Jan-95 Ltd,- 4 yrs 34 M Sampath Kumar 59 Sr. General Manager-Manufaturing 1,02,31,804 66,94,638 PGDM(Business Administration) 36 15-May-89 H M T Ltd,.Design- 6 yrs 35 Mainbahadur Mataprasad Thakur* 46 Senior Manager-Purchase Chassis 8,58,091 8,33,258 B.Com(Commerce), M.Com(Commerce) 22 24-Feb-96 - 36 Malusare Prakash Rajaram* 53 Operator-Engines 5,20,890 4,84,888 HSC 33 24-Aug-85 - 37 Marcus Hotblack 65 Deputy General Manager- 1,13,41,407 73,09,748 Master of Arts 41 04-Apr-13 RMIT University,.Design- 2 yrs 38 Martin Gerard Jones 59 Sr. General Manager-Quality 1,98,08,258 1,26,93,499 MBA(Business Administration) 28 01-Dec-16 European Technical Center,- 6 yrs 39 Milind Dattatray Gunjal* 59 Senior Manager-Employee Relations 22,49,944 20,04,663 B.Sc(Mathematics) 38 01-Oct-96 Tata Oil Mill Co Ltd,- 15 yrs 40 Milind Dnyaneshwar Peshave 57 Vice President-Engineering 1,12,82,418 72,69,771 BE(Mechanical), ME(Mechanical) 35 16-Sep-15 TATA Technologies Ltd.,.Manuf/Prodn/Operations- 15 yrs 41 Mohan Kumar K 58 Sr. General Manager-Purchase & Supplier Quality 1,03,87,852 67,76,425 BE(Mechanical) 36 14-Jul-83 - 42 Mohan Madhukar Savarkar 55 Vice President-Product Line 1,10,01,076 70,43,033 BE(Mechanical), M.Tech(Mechanical) 34 21-Oct-94 Profiloforms,.Manuf/Prodn/Operations- 3 yrs 43 Mukund Hariprasad Vyas 51 Sr. General Manager-Human Resources, CVBU 1,08,79,633 70,53,380 Phd(Psychology) 23 09-May-16 Larsen & Toubro,.Manuf/Prodn/Operations- 1 yrs 44 Nand Shivaji Balbhim* 55 Associate-Office Administration 4,73,169 4,26,645 B.Com(Commerce) 39 25-Sep-79 - 45 Neeraj Agarwal 50 Sr. General Manager-Operations 1,30,98,272 83,95,002 B.Tech(Chemical), PGDM(Operations Management) 16 15-Sep-16 Renault Automotive India Pvt. Ltd.,.Manuf/Prodn/Operations- 8 yrs 46 P K B Patro* 60 General Manager-Customer Support 69,49,888 48,07,993 BSc Engineering(Mechanical) 26 27-Mar-95 Hindustan Aeronautics Ltd,.Manuf/Prodn/Operations- 2 yrs 47 Padmakar Raghunath Kulkarni* 60 General Manager-Engine 94,93,535 54,66,306 Diploma(Mechanical), BE(Mechanical) 35 10-Jan-86 Ltd,- 2 yrs Annexure to Board’s Report as per Section 197(12) of the Companies Act, 2013 ('the Act') read with Rules framed thereunder and the Companies (Particulars of Employees) Rules, 1975 as at March 31, 2019 A. Particular of Top 10 employees in terms of remuneration drawn as prescribed during FY2018-19

Date of Gross Net Last Employment Sr No Name Age Yrs Designation Qualification Exp Yrs Commemcement Renumeration Renumeration Designation - Period of employment

48 R G Rajhans* 57 General Manager-Vehicle Integration 15,48,922 13,43,625 PGDM(Industrial), Phd(Production) 25 16-Sep-15 TATA Technologies Ltd,- 18 yrs 49 R Ramakrishnan 55 Vice President-Customer Care 1,94,35,898 1,23,19,005 BE(Mechanical) 34 08-Nov-85 - 50 R T Wasan 53 Vice President-Sales & Marketing 1,46,60,173 93,22,128 PGDE(Computer), MBA(Marketing) 28 03-May-93 J N Marshall Ltd,- 2 yrs 51 Rajendra M Petkar 52 Chief Technology Officer 1,62,96,965 1,03,82,146 BE(Mechanical), M.Tech(Mechanical) 31 16-Sep-15 TATA Technologies Ltd.,.Manuf/Prodn/Operations- 17 yrs 52 Rajesh G Khatri 56 Vice President-Operations 2,01,20,373 1,26,99,744 BE(Production) 7 01-Oct-12 - 53 Rajesh Kaul 50 Vice President-Product Line 1,15,58,282 75,01,620 B.Tech(Agriculture) 18 15-Apr-03 New Holland Tractors,- 2 yrs 54 Rajiv Hiralal Pant 57 Sr. General Manager-Engineering 1,02,78,216 67,25,090 Diploma(Business Management), M.Sc(Mechanical) 35 21-Jun-05 Ford Motor Company,.Design- 11 yrs 55 Rajnish Julka* 50 Sr. General Manager-Manufaturing 91,69,167 62,33,549 BSc Engineering(Mechanical) 29 02-Jun-06 Force Motors,.Log/Purch/MM/Vendor Dev- 0 yrs 56 Ramesh Dorairajan 55 Sr. General Manager-Sales & Marketing 1,44,46,104 93,46,741 PGDM(Personnel), EMP(Business Management) 29 18-Aug-11 JCB India Ltd,.Finance / Price Panel- 4 yrs 57 Ravindra Kumar G.P * 46 President & Chief Human Resource Officer - Human Resources 63,38,910 42,89,623 Master of Arts(Political Science), Master of Arts(Industrial Relation) 19 17-Dec-18 GE India Industries Pvt Ltd,HR / Administration / ER- 18 yrs 58 Rudrarup Maitra 43 Vice President-Sales & Marketing 1,12,57,230 73,06,742 B.Sc(Biology), PGDM(Management) 20 01-Sep-01 TAS,- 2 yrs 59 S D Pundlik 59 Sr. General Manager-Legal 1,11,60,122 71,48,303 B.Com(Others), LLB(Labour Law) 40 04-Jan-83 Customs & C.Excise Dept,- 4 yrs 60 S K Sonthalia* 59 General Manager-Supply Chain Management 81,27,930 52,49,308 BSc Engineering(Mechanical) 34 14-Jul-84 - 61 Sachin Devidas Wagh* 43 Deputy General Manager-Vehicle Integration 16,87,089 14,59,145 BE(Mechanical), ME(Mechanical) 18 16-Feb-05 ARAI,.Design- 4 yrs 62 Sachin Singh* 44 Sr. General Manager-Product Planning 34,11,380 26,29,880 B.Tech(Mechanical) 22 10-Jul-96 - 63 Sandeep Krishnarao Kulkarni 49 Sr. General Manager- 1,11,03,893 72,63,984 BE(Electronics and Power), MBA(Business Administration) 26 21-May-12 Yahoo (India),- 2 yrs 64 Sandeep Kumar 38 Sr. General Manager-Sales & Marketing, CV Passenger 1,20,58,883 78,61,009 MSc(Economics), BE(Mechanical) 32 04-Aug-87 - 65 Sanjay Gupta* 51 Sr. General Manager-Materials 41,89,225 29,49,992 BE(Mechanical), MBA(Management) 10 24-Sep-12 Goodyear India Ltd,- 1 yrs 66 Sanjay K Mishra 50 General Manager-CV Projects 1,09,85,550 75,23,394 BE(Electrical), PGDM(Business Management) 28 01-Jul-91 - 67 Sastabhavan J R Kutty 56 Sr. General Manager-Engineering 1,24,18,766 80,05,363 LLB(Law), MBA(Management) 36 06-Oct-14 Greaves Cotton,- 2 yrs 68 Shailesh Chandra 45 President-EVBU, Strategy & Business Transformation 1,88,35,081 1,19,66,359 PGDM(Business Administration) 6 01-Apr-16 Tata Sons Ltd,- 3 yrs 69 Shiv Prasad Patnaik* 48 General Manager-Engineering 21,72,709 17,89,687 BE(Mechanical) 23 10-Sep-03 Hindustan Motors Ltd,.Log/Purch/MM/Vendor Dev- 5 yrs 70 Shreenivas Vinayak Datar* 60 Deputy General Manager-Purchase 26,54,150 18,55,861 Diploma(Electrical) 37 27-Nov-81 - 71 Suhas Pandharinath Kulkarni* 60 Deputy General Manager-Indirect Taxation 33,13,239 22,08,526 M.Com, ACA 40 03-Sep-78 - 72 Sukumar Shankarrao Lingras* 60 Deputy General Manager-Body & Trim 16,30,149 10,76,916 Diploma(Mechanical) 39 16-Sep-15 TTL,.Manuf/Prodn/Operations- 18 yrs 73 Suresh Rangarajan* 47 Sr. General Manager-Communication 85,48,023 60,76,751 BE(Mechanical), MBA(Marketing) 8 22-Sep-16 ,- 0 yrs 74 Sushant Chandrakant Naik 49 Sr. General Manager-Government & Public Affairs 1,38,99,985 90,11,270 MMS(Management) 8 25-Mar-14 EMC West Asia JLT (Dubai ),- 3 yrs 75 T N Umamaheswaran 57 Sr. General Manager-Engineering 1,49,08,888 95,14,643 B.Tech(Mechanical), M.Tech(Mechanical) 34 16-Sep-15 TTL,.Manuf/Prodn/Operations- 18 yrs 76 Tridibesh Dhua* 60 Assistant General Manager-Purchase, IDM & LM 28,28,194 20,45,316 BE(Metallurgy), PGDM(Business Management) 36 12-Jul-82 - 77 Trupti Kedar Wilankar* 42 Deputy General Manager-Human Resources 15,62,615 13,63,135 B.Sc(Science), MLM(Labour Law) 17 19-Nov-07 Countrywide Financial Corporation Ltd,.HR / PSD / Safety/IR- 1 yrs 78 V Suresh* 60 Sr. General Manager-Employee Relations 81,73,764 56,01,265 B.Com(Commerce), MPM(Management) 35 01-Feb-13 Suzlon Energy Ltd,- 2 yrs 79 Vijay B Somaiya 59 Vice President-Finance, Treasury & Investor Relation 1,49,89,188 95,41,236 M.Sc(Mechanical), CFA(Finance) 37 12-Jul-82 - 80 Vikram Madhav Kulkarni 56 General Manager-Sales & Marketing, CV Passenger 1,02,22,079 67,09,963 BE(Mechanical), PGDM(Marketing) 36 01-Jun-89 Rallis India Ltd,- 3 yrs 81 Vinay Kumar Pathak 50 Vice President-Product Line 1,23,48,301 79,85,803 B.Tech(Metallurgy) 27 01-Jul-92 - 82 Vineet Kumar Singh* 43 General Manager-Central Quality 15,60,503 13,88,377 B.Tech(Manufacturing), M.Tech(Others) 15 03-Feb-03 - 83 Vivek Balasubramaniam Srivatsa 46 Sr. General Manager-Sales & Marketing, CV Passenger 1,15,30,631 78,73,873 PGDM(Management) 26 20-Jun-16 Renault India,.Manuf/Prodn/Operations- 6 yrs 84 Vivek Vishwanth Joshi* 60 General Manager-Maintenance 62,98,507 43,49,116 BE(Electrical) 26 03-Jul-92 - C. Particulars of employees posted and working in a country outside India in receipt of remuneration (a) Rupees Sixty lakh per annum and (b) Rupees Five lakh per month during FY2018-19 1 Biswadev Sengupta 49 Sr. General Manager-PTTMI-Indonesia-CV 1,00,58,488 92,90,877 BE(Automobile) 27 01-Jul-92 - 2 Pankaj Jain 48 General Manager-PTTMI-Indonesia-CV 69,98,218 67,39,066 MBA(Marketing) BE(Mechanical) 23 02-May-12 Maruti Suzuki-5.58yrs. 3 Sandeep Krishnarao Kulkarni 50 Sr. General Manager-CFO's Office 1,11,03,893 72,63,984 MBA(Business Administration) BE(Electronics and Power) 25 21-May-12 Yahoo (India)-1.58yrs.

Notes: a) Remuneration includes basic salary, allowances, taxable value of perquisites and the Company's contribution to Provident Fund and Suuperannuation Funds, but excludes provision for retiring gratuity for which separate figures are not available (includes leave encashment on retirement wherever applicable). b) Net remuneration is after tax and is exclusive of Company's Contribution to Provident Funds and monetary value of non-cash perquisites. c) The nature of employment in all cases is contractual. d) * are employees employed with the Company for part of the year. e) None of the employees by themselves or along with their spouse or dependant children held 2% or more of the paid up share capital of the Company. f) None of the employees are related to any of the Directors of the Company. The Company does not have a Manager as defined under the Act. On and on behalf of the Board

N Chandrasekaran Chairman , May 20, 2019 DIN:000121863