Addendum

08 September, 2026 BSE Limited National Stock Exchange of India Limited Corporate Services, Exchange Plaza, Piroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai 400051 Security BSE NSE ISIN Equity Shares 532313 MAHLIFE INE813A01018 Sub: Addendum to the Integrated Annual Report FY 2025-26 in relation to certain sustainability metrics Ref: Our letter dated 30 June, 2026 Dear Sir/Madam, We hereby inform you that the Company had duly submitted its Integrated Annual Report for the Financial Year 2025-26 on June 30, 2026. Further to the aforesaid submission, please find enclosed an addendum to the Integrated Annual Report in relation to certain sustainability metrics as enclosed herewith. The same has been independently verified by Bureau Veritas (India) Private Limited who has issued an assurance statement in this regard. A copy of the assurance statement is also enclosed. Except for the changes specified in the Addendum, there are no other changes to the Integrated Annual Report for the Financial Year 2025-26. This intimation is also being uploaded on the website of the Company and can be accessed at https://www.mahindralifespaces.com/investor-center/?category=agm-egm. Kindly take the above on record. Thanking you, Yours faithfully, For Mahindra Lifespace Developers Limited Bijal Parmar Company Secretary & Compliance Officer Encl.: As above ADDENDUM TO THE INTEGRATED ANNUAL REPORT FY 2025-26. Following a detailed internal review and validation of underlying source records of greenhouse gas (GHG) emissions data, decimal-level adjustments due to typographical error of one site diesel consumption unit of measurement, one month decimal-level adjustment of another site were identified in the supporting datasets used for emissions aggregation of Residential Scope 1 emissions for FY 2025-26. Consequently, certain Scope 1 and Scope 2 emissions totals, intensity metrics, performance indicators and related disclosures contained within the Sustainability, Natural Capital, Performance Metrics and Roadmap Progress sections of the Integrated Annual Report FY 2025-26 needs to be rectified: The corrected Residential Scope 1 emissions value is: 89.22 tCO₂e (Revised) in place of: 1,973.89 tCO₂e (Previously Reported) The Water Positivity Index of IC&IC (O&M) should be read as: 45.08% instead of 108.05% As a result, the following disclosures stand revised. A. REVISIONS TO INTEGRATED ANNUAL REPORT FY 2025-26 Sec(cid:415)on / Disclosure Page No. Originally Reported Revised Figure Residen(cid:415)al Scope 1 & 2 27 2,845.18 tCO2e; 960.51 tCO2e; 12.71% 1,555.91% increase decrease Reduc(cid:415)on in Scope 1 & 2 absolute 31 69% increase 0.49% decrease GHG Emissions across Residen(cid:415)al and IC&IC – % GHG Emission Intensity 33 0.008; 13% decrease 0.0078; 63% decrease 1. Residen(cid:415)al (tCO2e/sq.(cid:332).) Scope I & II GHG emissions per 33 5.94; 73.2% increase 3.47; 11.9% increase employee – tCO2e Residen(cid:415)al Scope 1 emissions 54 1,973.89 tCO₂e 89.22 tCO₂e Scope 1 & 2 GHG per 54 5.94 tCO₂e 3.47 tCO₂e; Associate Residen(cid:415)al (construc(cid:415)on phase) 70 1,99,646.07 tCO₂e 80,530.74 tCO₂e Carbon neutrality (SBT as an enabler) reduc(cid:415)on from FY25 reduc(cid:415)on from FY25 Scope 1 & 2 GHG Emissions per 79 5.94; 73.2% increase 3.47; 11.9% increase Associate Scope 1 & 2 emission intensity 97 0.085231 tCO2e / 0.028773 tCO2e / (residen(cid:415)al) sq.(cid:332).; 489.5% increase sq.(cid:332).; 99% increase Total Scope 1 emissions – Residen(cid:415)al 105 1,973.89 89.22 Total Scope 1 and 2 emissions 105 0.085 0.029 intensity (tCO2e/sq.(cid:332).) – Residen(cid:415)al Residen(cid:415)al - Scope 1 and 2 106 4,537.19 tCO2e 960.51 tCO2e (1,555.91% increase (250.55% increase from base year) from base year) Scope-1 Residen(cid:415)al (Metric ton of 352 1,973.89 89.22 CO2e) Scope-1 Organiza(cid:415)on (Metric ton of 352 2160.29 275.62 CO2e) Total Organiza(cid:415)on (Metric ton of 352 418238.98 416354.31 CO2e) Total Residen(cid:415)al (Metric ton of 352 137806.33 135921.66 CO2e) MANAGEMENT STATEMENT The revisions outlined in this Addendum arise solely from data reporting and the correction of Residential Scope 1 emissions data and the consequential recalculation of related emissions indicators and intensity metrics and not from any change in operational activities, emission sources, boundary definitions, or sustainability targets reported by the Company. These changes do not impact the Company's sustainability strategy, governance framework, climate commitments, operational performance, or long-term targets. COMMITMENT TO TRANSPARENCY The Company remains committed to maintaining the highest standards of transparency, accuracy and accountability in all sustainability disclosures. This addendum is being issued to ensure stakeholders have access to the most accurate environmental performance information available. Nature of Revision: Correction arising from change of unit, decimal-level adjustments in the underlying source data. No change to reporting methodology, organisational boundary, emission factors or sustainability commitments. The Company is compliant with all applicable laws and regulations. Upon review of the matter referred to above, we hereby submit this addendum for the requisite corrections and clarifications. The Company remains committed to upholding the highest standards of corporate governance, transparency, and stakeholder protection. Further, to provide additional assurance regarding the accuracy and reliability of the disclosures, the Company has obtained an independent assurance report from Bureau Veritas. A copy of the assurance report is enclosed herewith for your reference. We request that this addendum be read in conjunction with the Integrated Report for FY 2025-26 and be considered an integral part thereof. For Mahindra Lifespace Developers Limited Bijal Parmar Company Secretary & Compliance Officer GHG INDEPENDENTASS URANCESTA TEMENT Mahindra Lifespace Developers Limited Introduction and objectives of work The Mahindra Lifespace Developers Limited (hereinafter referred to as “MLDL”) have engaged us to carry out an independent verification of its Greenhouse Gas Inventory assertions (“the GHG Inventory”) i.e. Scope 1, Scope 2 and applicable categories of Scope 3 emissions data as defined by the GHG Protocol st st and covering the Company’s emissions over the period 1 April 2025 to 31 March 2026. Intended User The assurance statement is made solely for “MLDL” as per the governing contractual terms and conditions of the assurance engagement contract between “MLDL” and “Bureau Veritas”. To the extent that the law permits, we owe no responsibility and do not accept any liability to any party other than “MLDL” for the work we have performed for this assurance report, or our conclusions stated in the paragraph below. Scope of Work We have performed the Limited Assurance engagement for Scope1, Scope 2 & Scope 3 in accordance with International Standard on Assurance Engagements (ISAE) 3000 (Revised), ISAE 3410 & ISO 14064- 3 and in line with the requirements of Bureau Veritas’s standard procedures and guidelines for external Assurance of Sustainability Reports, based on the current best practice in independent assurance. The verification applies a ± 5% uncertainty towards errors and emissions. The reporting boundaries considered for this reporting period are as follows: The reporting boundaries considered for this reporting period are as follows: 17 Residential sites, 3 IC & IC sites (Integrated City & Industrial Clusters), 1 Head Office (HO - Mumbai), and 6 Regional offices (Mumbai (2), Pune (1), Chennai (1), Bengaluru (1), and Jaipur (1)). Ref: BV_MLDL_GHG_30727987R1 Page 1 of 5 GHG INDEPENDENTASSURANCESTATEMENT The Scope of work agreed upon with “MLDL” includes verifications of its GHG emissions (Scope 1, Scope 2 and applicable categories of Scope 3) as listed below: Scope 1 emissions arising f [Showing first 8,000 characters — download PDF for full document]