Pfizer Limited has received an Order on April 24, 2024, from the Deputy Commissioner, Dehradun - Sector 8: Uttarakhand, basis the GST Audit conducted for Uttarakhand, Union Territory for the financial year 2018-19, for a Tax demand of INR 651,894/-, Interest of INR 645,536/- and a penalty of INR 65,189/- aggregating to a total demand of INR 1,362,619/-. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: April 24, 2024. Details of the violation(s) /contravention(s) committed or alleged to be committed: The Officer has raised the GST demand on account of mismatch of Integrated Goods and Services Tax (ISGT) paid as per the returns for the period 2018-19 and alleged subsequent availment of ineligible Input Tax Credit by the Company.

Based on our assessment, the company believe that the said demand is not maintainable, and the Company is in the process of preferring an appeal against the said Order. The Order has no material impact on the financials, operations or other activities of the Company.