Nazara Technologies Limited informs the Exchange regarding the 27th Annual Report for the FY 2025-26.

September 03, 2026 Listing Compliance Department Listing Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Bandra -Kurla Complex, Bandra (East), Mumbai - 400001. Mumbai- 400051. Scrip Code: 543280 Scrip Symbol: NAZARA Subject: 27th Annual Report of Nazara Technologies Limited (“the Company”) for the Financial Year 2025-26 including the Business Responsibility and Sustainability Report and the Notice convening the 27th Annual General Meeting (“AGM”) Reference: Regulation 34 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”) Dear Sir/Madam, With reference to the captioned subject, please find enclosed herewith the Annual Report of the Company for the Financial Year 2025-26 including the Business Responsibility and Sustainability Report (“Annual Report”) and the Notice convening the 27th AGM of the Company (‘Notice’), scheduled to be held on Friday, September 25, 2026 at 11.30 a.m. (IST) through Video-Conferencing (“VC”)/ Other Audio-Visual Means (“OAVM”). The Annual Report including the Notice is being dispatched through electronic means to those Members whose e-mail addresses are registered with the Depository Participant(s) (“DPs”) / Company/ Registrar and Share Transfer Agent (“RTA”) of the Company. In compliance with Regulation 36(1)(b) of the Listing Regulations, a letter is being dispatched to those Members whose e-mail addresses are not registered with the DPs/ Company/ RTA, providing the weblink to access the Annual Report on the Company’s website. A copy of the said letter is enclosed herewith. Further, the Annual Report including the BRSR and the Notice of the 27th AGM for the Financial Year 2025-26 have also been made available on the Company’s website at https://investors.nazara.com/content/pdfs/announcements/1788430868-nazara-annual-report-2025-26.pdf. You are requested to take the above information on record. Thanking You, Yours faithfully For Nazara Technologies Limited Arun Bhandari Company Secretary and Compliance Officer Encl: A/a Across the Pages Statutory Reports 45 Management Discussion and Analysis Corporate Overview Unlocking About Nazara Global 63 Board’s Report The Next Level Technologies Presence 01 04 06 Corporate Governance Report Journey Business Corporate Highlights Structure Business Responsibility and Sustainability Report 08 10 22 Financial Statements Investment Chairman and Jt. MD and CEO’s Case Managing Director’s Communique Communique 171 Standalone 26 28 30 238 Consolidated Strategic Environmental, Executive Roadmap Social and Leadership Governance Notice 347 32 34 40 Disclaimer: This document contains statements about expected future events and financials of Nazara Technologies Limited (‘The Company’), which are ‘forward-looking’. By their nature, forward-looking statements Corporate require the Company to make assumptions and are subject to inherent risks and uncertainties. There is a Scan this QR significant risk that the assumptions, predictions, and other forward-looking statements may not prove to be Information code to navigate accurate. Readers are cautioned not to place undue reliance on forward-looking statements as several factors could cause assumptions, actual future results and events to differ materially from those expressed in the investor-related forward-looking statements. Accordingly, this document is subject to the disclaimer and qualified in its entirety by information the assumptions, qualifications, and risk factors referred to in the Management Discussion and Analysis section of this Annual Report. Unlocking The Next Level The Company has built a diversified global gaming platform over the past two decades. Through disciplined acquisitions, strategic investments, and focused execution, the Company stands at the intersection of frontier content, technology and consumer engagement. FY 2025-26 reinforced the Company’s evolution into a gaming-first global platform. With gaming contributing nearly 90% of EBITDA, Nazara entered a new phase of growth supported by enduring intellectual property, operating excellence and scalable capabilities. The establishment of Centres of Excellence across User Acquisition, Data Analytics, Artificial Intelligence, Growth and Product further strengthened the operating framework across the portfolio. These shared capabilities enable greater efficiency, stronger execution and improved collaboration across businesses. AI also became increasingly embedded across the game lifecycle, supporting innovation, accelerating development cycles and enhancing player engagement. As these capabilities evolve, they are strengthening Nazara’s ability to develop, operate and scale gaming experiences more effectively. The proposed strategic acquisition of ability to translate scale into profitable growth. Backed by a Bluetile and BestPlay will bring global scale, AI-native deep leadership bench and disciplined capital allocation, the development expertise and a powerful engagement Company continues to strengthen its position across global ecosystem, further strengthening the Company’s growth gaming markets while maintaining financial resilience. engine. As Nazara enters its next era, it is nurturing a globally The impact of these strategic developments was reflected relevant gaming operating system rooted in India, powered in record revenues, the highest EBITDA in Nazara’s history by intellectual property, execution excellence and scalable and strong cash generation, demonstrating the Company’s platform capabilities. Corporate Management Strategic Environmental, Social Management Discussion Statutory Standalone Financial Consolidated Financial Overview Review Review and Governance and Analysis Reports Statements Statements The refreshed identity reflects that the Company has evolved far beyond its origins. REDEFINING NAZARA At the centre of the change is the new ‘N’ insignia, designed as a wand with three rising stars, representing the pillars that now define Nazara’s operating philosophy. A NEW CHAPTER IN NAZARA’S Imagination lies at the heart of the first star, expressing Nazara’s aspiration EVOLUTION to create experiences that bring magic and joy to players in an increasingly demanding world Nazara Technologies is entering a new chapter of growth. Backed by a refreshed brand identity and a new headquarters, the Company Creation is channeling renewed energy shines through the second star, marking Nazara’s transformation into the same enduring objective into a creator and owner of enduring franchises. Supported by of crafting magical and engaging a 100% IP-focused portfolio comprising more than 25 franchises experiences for its consumers and backed by AI-led development capabilities, the Company and building for long-term impact. is building scalable intellectual property designed for long-term relevance Expansion represented by the third star, reflects the scale and diversity of Nazara’s global ambitions. Today, more than 90% of the Company’s gaming revenue is generated from international markets, particularly the US and the UK 2 27th Annual Report 2025-26 While gaming has become the principal growth engine, a common operating framework powered by the Nazara identity is built to hold a broader platform. the CoEs and across-the-board, thoughtful Alongside its core, high-margin gaming businesses, integration of AI, Nazara is unlocking operating the Company also operates complementary assets leverage and creating compounding value in sports media and adtech. These assets give the across its portfolio. platform breadth and flexibility, opening options for With a diverse presence spanning India, Rest of future value while letting management keep a sharp Asia, Africa, North America, and Europe. focus on pure-play gaming. The Company today operates on a far larger As part of this t [Showing first 8,000 characters — download PDF for full document]