Intimation of ad hoc announcement made by Bajaj Mobility AG (formerly PIERER Mobility AG), a step-down subsidiary of Bajaj Auto Limited titled Results of the First Half of 2026

Press Release - H1 2026 - Group revenue EUR 701.4 mn +65.0% y-y; motorcycle revenue EUR 579.6 mn +109.1% y-y - Motorcycle sales 89,004 units (+91.9% y-y); total worldwide sales 147,572 units including India - EBITDA positive at EUR 37.6 mn; margin 5.4%; Q2 EBITDA margin 8.7% - EBIT improved to EUR -24.8 mn from EUR -256.3 mn; Q2 EBIT positive at EUR 1.3 mn - Free cash flow improved to EUR -22.1 mn; equity EUR 339.9 mn with 21.5% ratio - Refinancing of KTM AG by over EUR 550 mn reduced interest burden in Q2 - Inventory reduced by 10,190 units since start of year to stable levels