Hero MotoCorp Limited — Capital/Financing Update 2021

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December 23, 2021

Asst. Vice President, Listing Deptt., The Secretary, National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Plot C-1, Block G, 25[th] Floor, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (E), Dalal Street, MUMBAI - 400 051 MUMBAI - 400 001 Scrip Code: HEROMOTOCO Scrip Code: 500182

Sub: Press Release

Dear Sirs,

Please find enclosed herewith a copy of the Press Release being issued by the Company. Kindly place the same on your records.

Thanking you,

For Hero MotoCorp Limited

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(Neerja Sharma) Company Secretary & Chief Compliance Officer

Encl: As above

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Hero MotoCorp Ltd.

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Regd. Office: The Grand Plaza, Plot No. 2, Nelson Mandela Road, Vasant Kunj - Phase - II, New Delhi - 110070, India Tel. +91-11-46044220, Fax +91-11-46044399 HeroMotoCorp.com CIN: L35911DL1984PLC017354 PAN: AAACH0812J

Press Information

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New Delhi, December 23, 2021

HERO MOTOCORP TO REVISE PRICES OF ITS MOTORCYCLES & SCOOTERS FROM JANUARY 4, 2022

Hero MotoCorp will make an upward revision in the ex-showroom prices of its motorcycles and scooters, with effect from January 4, 2022.

The price revision has been necessitated to partially offset the impact of steadily increasing commodity prices.

The price revision will be up to Rs. 2,000 and the exact quantum of increase will depend on the model and the market.

For more information, please visit:

www.heromotocorp.com | FB: HeroMotoCorpIndia | Twitter: HeroMotoCorp | IG: HeroMotoCorp

Press Contact:

[email protected]