News Verification

Date: September 4, 2026 Dept. of Corporate Services Dept. of Corporate Services National Stock Exchange of India Limited BSE Limited Bandra Kurla Complex, Bandra (E) Floor 25, P J Towers Mumbai – 400 051 Dalal Street, Mumbai – 400 001 NSE Symbol: PRESTIGE BSE Scrip code: 533274 Dear Sir / Madam, Sub: Response to clarifications sought in respect of news article dated September 4, 2026 titled “Prestige Estates shares fall 3.5% from day’s high: Here’s why” published on https://www.moneycontrol.com/. We are in receipt of communications from the exchanges whereby clarification has been sought pertaining to a news article titled “Prestige Estates shares fall 3.5% from day’s high: Here’s why” published on “https://www.moneycontrol.com/” dated September 4, 2026 (“News Article”), we wish to submit the following clarification for your kind information and records: 1. The News Article refers to an order dated August 25, 2026 (“Order”), passed by the Maharashtra Real Estate Appellate Tribunal in respect of the Turf View project in Mahalaxmi, in proceedings which were initiated by three homebuyers who had booked residential units in the Project. Such proceedings are routine and are in the ordinary course of business operations of the Company. The Company is in the process of taking appropriate legal recourse. 2. As per the Company’s assessment, the said decision will not have any material impact on the financial position, operations, or performance of the Company or its shareholders and accordingly does not merit any disclosure. 3. It may be noted that the News Article was published on September 4, 2026, whereas the Order was issued on August 25, 2026, and has been available in the public domain. Moreover, the Order was also reported in print media on September 1, 2026. Accordingly, the News Article is incorrect to link the price of the Company’s shares to the Order. In any event, the News Article itself records that there was a fall in stock prices of other real estate companies. 4. The Company confirms that there is no other material information that has not been disclosed to the Exchange which could explain the aforesaid price movement. Prestige Estates Projects Limited, Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025. Phone: +91 80 25591080 E-mail: investors@prestigeconstructions.com Website: www.prestigeconstructions.com CIN: L07010KA1997PLC022322 5. The Company further confirms that it has at all times been fully compliant with its disclosure obligations under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and shall duly inform the Exchange of any further developments in this matter that may have a material impact on the Company. This is for your information and records. Thanking you. Yours faithfully, For Prestige Estates Projects Limited Manoj Krishna J V Company Secretary & Compliance Officer Prestige Estates Projects Limited, Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025. Phone: +91 80 25591080 E-mail: investors@prestigeconstructions.com Website: www.prestigeconstructions.com CIN: L07010KA1997PLC022322