Hero MotoCorp Limited — Important, 06-02-2025: Disclosure of material issue

The Board of Directors has approved the interim financial results for the quarter and nine months ended December 31, 2024, alongside a significant interim dividend of 5000%, equating to Rs. 100/- per equity share. Shareholders should note that the record date for this dividend is February 12, 2025, with payments expected to be dispatched by March 08, 2025.

In a strategic move towards sustainability, Hero MotoCorp is investing up to Rs. 5.15 crore in a Solar Power Wheeling project with CleanMax Enviro Energy Solutions Pvt. Ltd. This initiative aims to enhance the company’s renewable energy footprint by establishing a Special Purpose Vehicle (SPV) under a Group Captive mechanism. This investment not only aligns with the growing emphasis on green energy but also positions the company favorably in the evolving energy landscape. The completion of this initiative is anticipated within approximately one year. Overall, these developments indicate a positive outlook for the company's growth and commitment to sustainability.