TMCV: DUTCH STEP-DOWN SUBSIDIARY ACQUIRES 89.42% COMMON SHARES OF IVECO GROUP

• TML CV Holdings B.V. acquired 238,157,212 common shares, equal to ~89.42% of Iveco Group common share capital, net of Treasury Shares • Cash consideration €14.4 per share (cum dividend); settlement completed October 30, 2026 • Iveco Group N.V. (EXM: IVG) is now an indirect subsidiary of Tata Motors • Iveco has 33,000 employees, 16 industrial sites and 22 R&D centres; CY25 revenue ~₹1,42,471 Cr (€13,428 mn)

Tata Motors Ltd

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