SUMMARIZED EGM NOTICE OF SUZLON ENERGY LIMITED

1) Authorized capital: It has been increased from INR 2,498 crores to INR 8,400 crores divided into
1249 crores of equity shares worth INR 2/- to 4200 crores of equity shares worth INR 2/-

2) Issue to lenders (in part conversion of their debt by way of preferential allotment): 100 cores of
equity shares worth INR 2/-

3) Issue to lenders (Proposed OCD Holders): 4,10,000 0.01% secured optionally convertible
debentures (referred to as OCD’s) having face value of INR 1,00,000/- aggregating to INR 4,100
crores (coupon of 0.01% p.a payable annually on 30 th June). These OCDs shall be secured by (a)
Corporate Guarantee of Suzlon Global Services Limited, Suzlon Power Infrastructure Limited,
Suzlon Gujarat Wind Park Limited and Suzlon Generators Limited and (b) such other security as
per the Resolution Plan

4) Issue to lenders (Proposed Warrant Holders): 50 crores convertible warrants of INR 2/-each at
an aggregate consideration of INR 1/- for each lender in part conversion / resolution of their
debt by way of preferential allotment. the Equity Shares arising out of the conversion of the
Warrants shall aggregate to not less than 5% of the issued and paid-up share capital of the
Company as on the date of allotment of the Warrants or 41,75,00,000 equity shares whichever
is higher and issued in lieu of equity shares to be allotted to lenders

5) Existing debt of the lenders shall be converted into fully paid equity shares of INR 2/- but only to
the extent of INR 20,000 crores consistent with the existing borrowing powers of the company

6) To issue equity shares / equity linked instruments: to create, offer, issue and allot such number
of equity shares, GDRs, ADRs, FCCBs, FCDs, NCDs with warrants or any other financial
instruments by whatever name called (OFIs) converted into or linked to equity shares / or other
instruments to any eligible person including QIBs for an aggregate value of up to INR 1,000
crores. Total amount raised from QIP shall not exceed 5 times the net worth of the company as
per the audited balance sheet of the previous year.

7) Issue to promoters: to create, offer, issue and allot shares worth INR 300 crores having face
value of INR 2/-to promoters and certain person / entities by way of preferential allotment

8) Issue to promoters and certain persons / entities convertible debentures of the company:
10,000 unsecured compulsorily convertible debentures (CCDs) having face value of 1, 00,000/-
valuing it to INR 100 crores to be issued to Tanti Holdings Private Limited (i.e promoter of the
company) and certain persons / entities by way of preferential allotment. Each CCD shall be
convertible into 38,314 equity shares of the company having a face value of INR 2/-. CCDs shall
not bear any interest and also no voting rights
9) To approve divestment / dilution / disposal of the company’s investment (s)/ asset (s) /
undertaking (s): to approve issuance by Suzlon Global Services Limited, one of the Company’s
subsidiaries (“SGSL”) of up to 4,20,000 (Four Lacs Twenty Thousand) 0.0001% Compulsorily
Convertible Preference Shares (hereinafter referred to as the “CCPS”) having a face value of
Rs.1,00,000/- (Rupees One Lac Only) each to be issued at par aggregating to
Rs.4,200,00,00,000/- (Rupees Four Thousand Two Hundred Crores Only) to the lenders towards
part conversion of their debt

10) A MEMBER ENTITLED TO ATTEND AND VOTE AT THE MEETING IS ENTITLED TO APPOINT A
PROXY TO ATTEND AND VOTE INSTEAD OF HIMSELF AND A PROXY NEED NOT BE A MEMBER OF
THE COMPANY. A person can act as proxy on behalf of members not exceeding 50 (fifty) and
holding in aggregate not more than 10 (ten) percent of the total share capital of the Company
carrying voting rights. A member holding more than 10 (ten) percent of the total share capital of
the Company carrying voting rights may appoint a single person as proxy and such person shall
not act as a proxy for any other person or shareholder

11) List of lenders to be allotted equity shares, OCDs and warrants

12) The identity of the proposed allottees, maximum number / amount of equity shares proposed to
be issued and the percentage of post issue capital that may be held by the proposed allottees

13) The identity of the proposed allottees, the natural persons which ultimately control the
proposed allottees, maximum number / amount of equity shares proposed to be allotted and
the percentage of post issue capital that may be held by the proposed allottees:
14) The pre issue and post issue shareholding pattern of the Company after considering all the
preferential allotments