Annual Report pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

September 2, 2026 BSE Limited The National Stock Exchange of India Limited Corporate Relationship Department, Exchange Plaza, Phiroze Jeejeebhoy Towers, Block G, C-1, Bandra-Kurla Complex, Dalal Street, Fort, Bandra (East), Mumbai-400 001 Mumbai-400 051 BSE Scrip Code: 533287 NSE Symbol: ZEELEARN Sub: Annual Report pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Ma’am, Pursuant to Regulation 34(1) SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find herewith enclosed the Annual Report of the Company for the financial year 2025-26. The 16th Annual General Meeting of the Company is scheduled to be held on Friday, September 25, 2026, at 03:00 p.m. (IST) through Video Conferencing/Other Audio Visual Means (‘VC’/’OAVM’). The Annual Report of the Company is also available on the website of the Company at https://cdn.zeelearn.com/zeecms/uploads/16th_Annual_Report.pdf. We request you to kindly take the aforesaid information on your records. Thanking you. Yours faithfully, For ZEE LEARN LIMITED ANIL GUPTA COMPANY SECRETARY & COMPLIANCE OFFICER Encl: as above Excelling with Integrity Annual Report 2025-26 Excelling with Integrity Every meaningful journey begins Excelling with Integrity reflects with trust. For a child, it begins the spirit of our journey and with the confidence to ask the values that guide us. As we questions, discover something welcome more learners, strengthen new and take the first step towards our educational ecosystem and a brighter future. For parents, it embrace new possibilities, we is the belief that every learning remain grounded in the principles that have defined us from the very experience will shape character as beginning. much as capability. For us, it is a responsibility we embrace every We believe lasting success is single day. built on honesty, accountability and trust. These values guide At Zee Learn, we believe excellence our decisions, strengthen our is built through everyday relationships and inspire us to go actions. It grows with every beyond what is expected. They promise honoured, every lesson enable us to nurture confident thoughtfully delivered and every learners, empower educators and decision guided by integrity. These create an educational legacy that values shape the way we teach, extends far beyond the classroom. innovate and evolve, enabling us to create learning experiences that At Zee Learn, excellence is not spark curiosity, build confidence simply an aspiration—it is a and prepare young minds for an commitment. And integrity is the ever-changing future. foundation on which we build it, every day. 02-30 Scan this QR code to Corporate Overview navigate investor-related information 02 About Us 04 CEO’s Message 08 Financial Performance 10 Operating Environment 12 Geographical Presence 14 Partner Testimonials Read more about us 16 Our Brands https://zeelearn.com 20 Mount Litera Zee School 21 MLSI 22 ZICA/ZIMA 24 Znius 25 Governance 28 Awards Across 30 Corporate Information the pages 31-105 Statutory Reports 31 Management Discussion and Analysis Forward-looking statements 46 Board’s Report 82 Report on Corporate Governance Some information in this report may contain forward- 97 General Shareholders’ Information looking statements which include statements regarding Company’s expected financial position and results of operations, business plans and prospects etc. and are generally identified by forward-looking words such as “believe,” “plan,” “anticipate,” “continue,” 106-255 “estimate,” “expect,” “may,” “will” or other similar words. Forward-looking statements are dependent Financial Statements on assumptions or basis underlying such statements. We have chosen these assumptions or basis in 107 Standalone Financial Statements good faith, and we believe that they are reasonable in all material respects. However, we caution that 181 Consolidated Financial Statements actual results, performances or achievements could differ materially from those expressed or implied in such forward-looking statements. We undertake no obligation to update or revise any forward-looking 256-264 statement, whether as a result of new information, future events, or otherwise. Notice About Us Excellence Begins Here Zee Learn Limited is a leading education company committed to transforming learning and contributing to nation-building through education. With a diverse ecosystem spanning early childhood, K–12 schooling, international education, creative arts and skill development, Zee Learn reaches learners across multiple stages of their educational journey. Home to Kidzee, one of Asia’s leading preschool chains, Zee Learn has a network of 2,500+ operational preschools across 620+ cities in India and neighbouring countries, making quality early childhood education more accessible. Through Mount Litera Zee Schools, Zee Learn is transforming K–12 education with a focus on 10-fold holistic development, 21st-century skills and future-ready competencies. Mount Litera School International, an IB school, brings global perspectives and international-mindedness to its learning ecosystem. Through ZIMA and ZICA, Zee Learn also empowers aspiring talent in filmmaking, animation, design and creative arts with industry-relevant learning opportunities. Driven by innovation, integrity, ownership, leadership, trust and continuous learning, Zee Learn remains committed to creating future-proof education that nurtures curiosity, critical thinking, creativity, confidence and character. Zee Learn—creating learners who are ready not just for the future, but to shape it. detimiL nraeL 62-5202 tropeR launnA Our purpose Key performance highlight To enhance human capital through quality 457 Crores education and holistic development. Total Revenue generated 2,40,654 Our Core Values Total student enrolled Customer First Respect Respect, Humility and Integrity Be Frugal Go for Big Hairy Audacious Goals Total Employees Speed and Agility Solve Big Problems Accountability for Results New school added New centres added Our Vision We provide the environment to ignite, nurture and unleash your potential and talent. Corporate Overview Statutory Reports Financial Statements Notice CEO’s Message A Vision Anchored in Integrity We remain focused on delivering practical, career-oriented learning that equips students with the skills and confidence to succeed in diverse industries. By providing exposure to industry-standard tools, real-world workflows and professional creative practices, we help learners make a smoother and more meaningful transition from the classroom to the workplace. Manish Rastogi Whole-time Director & CEO detimiL nraeL 62-5202 tropeR launnA Dear Shareholders, At Zee Learn, we believe that education model. In return, our franchise partners individuality, spark curiosity and support creates the deepest and most lasting benefit from proven academic frameworks, meaningful development. This philosophy impact when it inspires learners to think established operating systems and the continues to shape our curriculum, guide independently, build confidence and strength of a trusted brand, rather than our use of technology and influence the develop the skills they need to thrive in having to build these capabilities on their learning environments we create, helping a changing world. FY26 was a year of own. As our network continues to grow, every child learn with confidence, grow sharpening our focus on our core platforms, maintaining consistency across every with purpose and thrive in an ever-changing enhancing the quality of our learning centre has become increasingly important. world. experience and creating a more connected We are therefore bringing our learning and scalable education ecosystem. It was environments onto a unified cloud- Kidzee: Early Learning Platform also a year of consolidating our three based platform and developing a parent businesses: early learnin [Showing first 8,000 characters — download PDF for full document]