BOSCH LTD. INVESTORS’ MEET

BOSCH LTD.INVESTORS’ MEETMobility Trends and Solutions for India27th June 2017Soumitra Bhattacharya, Managing Director, Bosch Limited

Agenda1. Bosch Group Overview2. Global Mobility Trends3. India - Legislative landscape affecting Mobility4. Emission norm changes5. Electrification roadmap in India6. Connected Mobility2Soumitra Bhattacharya, Managing Director 6/27/2017Provided for informational purposes all information within this presentation strictly on a non-reliance basis Bosch Limited 2017. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights.

Agenda1. Bosch Group Overview2. Global Mobility Trends3. India - Legislative landscape affecting Mobility4. Emission norm changes5. Electrification roadmap in India6. Connected Mobility3Soumitra Bhattacharya, Managing Director 6/27/2017Provided for informational purposes all information within this presentation strictly on a non-reliance basis Bosch Limited 2017. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights.

Bosch Ltd. Investors' MeetBosch Group Sales in 2016 by Business SectorsFigures representing BoschGroup sales4Soumitra Bhattacharya, Managing Director 6/27/2017Provided for informational purposes all information within this presentation strictly on a non-reliance basis Bosch Limited 2017. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights.

Bosch Ltd. Investors' MeetBosch Group Sales in 2016 by RegionFigures representing Bosch Group Sales5Soumitra Bhattacharya, Managing Director 6/27/2017Provided for informational purposes all information within this presentation strictly on a non-reliance basis Bosch Limited 2017. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights.

Bosch Ltd. Investors' MeetBosch in IndiaSrinagarJammuAmritsaChandigarhrT NerpurKashipurBhatindLudhiyanaaHaldwanKarnal uinDelhi GaziabadAlwarBikanerEtahAgraSIliguriLucknow tnaJodhpurBhagalpurJhansi ganaUdaipurDhanbadBhopal taVadodaraBilaspur RaurkelaSuratRaipurCuttackAkola olapur SecunderabadBijapurKolhapur uringDevelopmentSales Offices6CalicutAgartala 4000 SalesOutlets 1500 oreSalemCoimbatoreErnakulam11 ijaywada18 Manufacturing PlantsTrichyMaduraiSoumitra Bhattacharya, Managing Director 6/27/2017Provided for informational purposes all information within this presentation strictly on a non-reliance basis Bosch Limited 2017. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights. 31000

Bosch Ltd. OverviewKey Figures 9,000JaipurNashikHeadquartersResearch facturingGangaikondan1922 First sales officeopens in Calcutta1953 First manufacturingoperation opens in Bangalorebillion INRsales in 2016-17manufacturingplants2008 Motor IndustriesCompany Limited () isrenamed Bosch Limited2015 Inauguration ofBosch’s 8th manufacturingfacility in IndiavMilestones since 19221951is founded as ajoint venture with GhaziabadEngg. Co.78Naganathapuraassociates1961 Bosch Group increases itsshares to more than 50 %Soumitra Bhattacharya, Managing Director 6/27/2017Provided for informational purposes all information within this presentation strictly on a non-reliance basis Bosch Limited 2017. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights.2009 Bosch Group increasesits Bosch Limited shares tomore than 70 %

Bosch Ltd. Investors' MeetBosch’s uniquenessRB GmbH ShareholdingRB GmbH Voting RightsBosch Ltd. Shareholdingand Voting RightsRobert BoschGmbH, 1%BoschFamily, 7%BoschFamily, 7%Robert BoschStiftungGmbH, 92%Others,30%Robert BoschIndustrietreuhand KG,93%Unique shareholding pattern Globally: majority shareholding with a Trust8Soumitra Bhattacharya, Managing Director 6/27/2017Provided for informational purposes all information within this presentation strictly on a non-reliance basis Bosch Limited 2017. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights.Promoter,70%

Agenda1. Bosch Group Overview2. Global Mobility Trends3. India - Legislative landscape affecting Mobility4. Emission norm changes5. Electrification roadmap in India6. Connected Mobility9Soumitra Bhattacharya, Managing Director 6/27/2017Provided for informational purposes all information within this presentation strictly on a non-reliance basis Bosch Limited 2017. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights.

Bosch Ltd. Investors' MeetBase CasePowertrain Scenarios*e-mobility Case*Vehicle sales PC incl. LCV 6t [m vehicles]1)1)106114114ICEICE staysstays dominantdominantEV98Estimation BoschPHEVHEV89CNGGDIPFIDieselincl.HEV/PHEVpure ICE102.499%201593.290%8820202025203082% but also VUCA world2030Global mobility market with moderate growth (CAGR2015-2030 : 1.7%).Combustion Engine (ICE) expected to remain dominant propulsion technology (82 to 90% in 2030).Hybridization gains momentum to meet emission and CO2 requirements.10Soumitra Bhattacharya, Managing Director 6/27/2017Provided for informational purposes all information within this presentation strictly on a non-reliance basis Bosch Limited 2017. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights.

Bosch Ltd. Investors' MeetRegulatory and Market impulsesEmission NormsBS4 countrywide, BS6 in 2020Fuel Consumption RegulationsCAFE 2017/2022Crash StandardAll models from 2019SafetyCV ABS 2015, PC and 2Wh ABS 2018,Market TrendsElectrified – NITI Aayog (e-mobility 2030)Large amount of regulatory requirements and new market trendswill drive fast technology and product adaptation for Indian Market11Soumitra Bhattacharya, Managing Director 6/27/2017Provided for informational purposes all information within this presentation strictly on a non-reliance basis Bosch Limited 2017. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights.

Bosch Ltd. Investors' MeetEmission Legislation – All Segments2010Sulphurcontent2011201220132014ROI 350ppm500 ppm201520162017Metros BS5201820192020202120222023202420252026India Countrywide10ppm10)(?)50ppm10ppmCitiesBS2ROI BS3Metros BS5 10ppm (?)BS4Metros BS4ROI BSIIIMetros BSIVOff High-wayBS4BS3TREM 37kIIITREM2WBS2Metros BS5 10ppm (?)BSIV33on EOBD EU5 BSBasedTREM3ABS3 CEVBS6RDEmonitoringRDEmonitoringBS6BS6-1 OBDBSVIBSVI-1 OBDNot yet decided –Under discussionOn RoadBS2RDEImplementationBS6-2 OBDRDEImplementationBSVI-2 OBDBS (Non road) Stage IVBS (Non road) Stage IVCPCB ICPCB IIICPCB IIWith leapfrogging to new stringent emission, monitoring and CO 2 norms in all on- and off-road segmentsIndia is undergoing a disruptive technology change.12Soumitra Bhattacharya, Managing Director 6/27/2017Provided for informational purposes all information within this presentation strictly on a non-reliance basis Bosch Limited 2017. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights.

Bosch Ltd. Investors' MeetRegulation 220132014BS4 (only Metros)EU6 (RDE)20152016201720182019BS4 (Across India)2020BS612 to 15 years 6 yearsLeapfrogging from BS4 to BS6 in 2020 reduces the current technology backlog from 12 years to 6years13Soumitra Bhattacharya, Managing Director 6/27/2017Provided for informational purposes all information within this presentation strictly on a non-reliance basis Bosch Limited 2017. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights.

Bosch Ltd. Investors' MeetICE Technology approach to meet future market requirementsGER COMdB350400500600700700600400I Inj engine speed [rpm]3002001000BaseFTCMCC-T & FTC300Torque [Nm][Nm]TorqueRollertest WLTC400152025Fuel InjectionEquipment50[g/h]outNO x NOxengineengine out[g/h]200-30 -25 -20 -15 -10 -50510cranke angle [deg]206020521000401060154062030 T T DpExhaust GasTreatmentOptimization ofair system llcDPFlSCRDPFPM TSCR CuC30020018BMEP [bar]6080025020 pSCR22DOC80900NSC10024cylinder pressure [bar]82TTWClDrive Train200100011601165117011751180Time [s]Time[s]1185119011951200New Holistic technology optimization necessary to meet future requirements – strong demand for system solutions.Bosch able to offer wide range of required products and engineering services as system solution provider.141) ICE: Internal Combustion Engine, TWC: Three Way Catalyst, DOC: Diesel Oxidation Catalyst,Soumitra Bhattacharya, Managing Director 6/27/2017Provided for informational purposes all information within this presentation strictly on a non-reliance basis Bosch Limited 2017. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights.SCR: Selective Catalytic Reaction, NSC: NOx Storage Catalyst

Bosch Ltd. Investors' MeetGearing up for the futureAdaptation ofDevelopAfter marketProductStrategyOptimization tegy15Ramp-upCompetencySoumitra Bhattacharya, Managing Director 6/27/2017Provided for informational purposes all information within this presentation strictly on a non-reliance basis Bosch Limited 2017. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights.3 to 5times R&D efforts

Agenda1. Bosch Group Overview2. Global Mobility Trends3. India - Legislative landscape affecting Mobility4. Emission norm changes5. Electrification roadmap in India6. Connected Mobility16Soumitra Bhattacharya, Managing Director 6/27/2017Provided for informational purposes all information within this presentation strictly on a non-reliance basis Bosch Limited 2017. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights.

Bosch Ltd. Investors' MeetElectrification roadmap in IndiaVision of Government of IndiaRecent developments in IndiaMarch 2017Leapfrog to Shared, Electric andConnected MobilityNiti Aayog - May 2017Monitor how the plans develop in toaction17Mindset change: Decisive decision making on policies andimplementation. OEMs / Suppliers have started investingSoumitra Bhattacharya, Managing Director 6/27/2017Provided for informational purposes all information within this presentation strictly on a non-reliance basis Bosch Limited 2017. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights.