Date: 2 September 2026

ESG Rating Disclosure

Mahindra Logistics Limited has received an ESG rating of '73' under the category 'Leader' from NSE Sustainability Ratings & Analytics Ltd ("NSE Sustainability"), a SEBI registered ESG Rating Provider. The rating was assigned based on information received by the Company on 2 September 2026 at 3:38 p.m. (IST).

The rating was prepared using data pertaining to FY 2025-26 of the Company available in the public domain. The Company clarified that it has not engaged NSE Sustainability for this ESG rating - the report was independently prepared and issued voluntarily by the rating provider.

The rating can be viewed at: https://www.nse-esgrating.com/esg-ratings

This intimation is being made pursuant to Regulation 30(6) read with Schedule III and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure has also been uploaded on the company's website at https://mahindralogistics.com/disclosures-under-sebi-regulation/.