Shareholders meeting

Date: September 16, 2026 BSE Limited, National Stock Exchange of India Limited, 20th Floor, P.J. Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai - 400001. Mumbai – 400 051 BSE Scrip Code: 544606 NSE Scrip Symbol: PINELABS ISIN - INE15B701018 ISIN - INE15B701018 Sub: Proceedings of the Twenty Eighth Annual General Meeting (AGM) of Pine Labs Limited (“Company”) held on September 16, 2026. Dear Sir/ Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), read with Para A of Part A of Schedule III thereto, please find enclosed herewith the gist of proceedings of the Twenty Eighth Annual General Meeting of the Company held on Wednesday, September 16, 2026, which commenced at 12:00 P.M. (IST) and concluded at 2.21 P.M. (IST). The above information will also be available on the website of the Company at www.pinelabs.com/investor-relations/ We request you to kindly take the above on your records. Thanking you, For Pine Labs Limited Neerav Mehta Company Secretary and Compliance Officer Membership Number: A20949 Encl. a/a GIST OF PROCEEDINGS OF THE 28th ANNUAL GENERAL MEETING OF PINE LABS LIMITED The 28th Annual General Meeting (“AGM”) of the members of Pine Labs Limited (“the Company”) was held on Wednesday, 16th September 2026, through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”). The Meeting commenced at 12:00 P. M. (IST) and concluded at 02:21 P.M. (IST), in compliance with the provisions of the Companies Act, 2013, the rules made thereunder, applicable circulars issued by the Ministry of Corporate Affairs and the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The following Directors, Key Managerial Personnel and Panellists were present in the Sr. Name of Director / Panellist Designation 1. Mr. B. Amrish Rau Chairman, Managing Director & CEO 2. Mr. Kush Mehra Whole Time Director 3. Ms. Amrita Gangotra Independent Director 4. Ms. Smita Chandramani Kumar Independent Director 5. Mr. Maninder Singh Juneja Independent Director 6. Mr. Sameer Vasudev Kamath Chief Financial Officer 7. Mr. Neerav Mehta Company Secretary and Compliance Officer 101 Members were present at the meeting through video conferencing. Mr. B. Amrish Rau, Chairman of the Board chaired the AGM. The meeting commenced with the Moderator welcoming the members to the 28th AGM and informing them about the conduct of the meeting through the VC/OAVM facility. The members were informed that their audio and video would remain disabled and would be enabled only when they were invited to speak during the Question-and-Answer session. Thereafter, the Moderator handed over the proceedings to Mr. Neerav Mehta, Company Secretary and Compliance Officer of the Company. Mr. Neerav Mehta, Company Secretary & Compliance Officer welcomed the members and apprised them of the statutory formalities relating to the AGM. With the consent of the members, the Notice convening the AGM and the Annual Report for FY 2025-26 were taken as read. The members were informed that the Statutory Auditors, Secretarial Auditors and the Scrutinizer appointed for the e-voting process were attending the AGM through VC. Thereafter, the Chairman welcomed the members to the 28th AGM and introduced the Directors, Key Managerial Personnel and other members of the management team present at the meeting. He announced the presence of requisite quorum for the meeting and called the meeting to order. The Chairman thereafter delivered his address to the members, reflecting on the Company's performance during FY 2025-26. The Chairman placed on record his appreciation for the contribution of the employees across India and international markets and thanked the Company's merchants, consumer brands, banks and financial institutions, technology partners and other stakeholders for their continued confidence and support. He also expressed his gratitude to the shareholders for their continued trust and support. The following items of businesses, as per the Notice of AGM dated August 10, 2026, were transacted at the meeting: Sr. Agenda Resolution No. Type 1. To consider and adopt the audited standalone and consolidated financial Ordinary statements of the Company for the financial year ended March 31, 2026, together with the reports of the board of directors and auditors thereon 2. To consider and re-appoint Mr. Kush Mehra (DIN: 08154941), who Ordinary retires by rotation and being eligible, offers himself for re-appointment 3. To consider and re-appoint M/s B S R & Co. LLP, Chartered Accountants Ordinary as the Statutory Auditors and to fix their remuneration 4. To consider and approve revision in remuneration payable to Special Mr. Kush Mehra, Whole-Time Director of the Company. 5. To consider and approve revision in remuneration payable to Ms. Amrita Special Gangotra, Non-Executive Independent Director of the Company 6. To consider and approve revision in remuneration payable to Mr. Special Maninder Singh Juneja, Non-Executive Independent Director of the Company. 7. To consider and approve revision in remuneration payable to Ms. Smita Special Chandramani Kumar, Non-executive Independent Director of the Company Thereafter, the Moderator took over the proceedings and conducted the Question-and-Answer session. The registered speaker shareholders were invited one by one to raise their questions. The shareholders were requested to keep their questions concise and relevant to the Company and the business of the AGM. The questions raised by the registered speaker shareholders were addressed by the respective members of the senior management. Upon completion of the Question-and-Answer session, the Moderator thanked the management and requested Mr. Neerav Mehta, Company Secretary and Compliance Officer, to take the members through the voting and closing formalities. Mr. Neerav Mehta informed the members that the resolutions proposed at the AGM had already been put to vote through remote e-voting and, accordingly, the same were not required to be proposed or seconded at the meeting. The members were informed that Ms. Ritu Mahajan of M/s. Ritu Mahajan and Associates, Practicing Company Secretary, had been appointed as the Scrutinizer to scrutinize the remote e- voting and e-voting conducted during the AGM in a fair and transparent manner. The Scrutinizer would submit her report to the Chairman/authorised officer of the Company. The voting results along with the Scrutinizer's Report would thereafter be disclosed to the stock exchanges and made available on the Company's website, the website of KFin Technologies Limited and at the registered and corporate offices of the Company within the prescribed timelines. The members who had not yet voted were requested to cast their votes through the e-voting facility available on the AGM platform during the meeting. It was reiterated that the e-voting facility would also remain open for 15 minutes after conclusion of the AGM. It was also informed that the proceedings of the AGM were being recorded and that the transcript of the AGM would be made available on the Company's website after the conclusion of the meeting. The Chairman thereafter authorised Mr. Neerav Mehta, Company Secretary and Compliance Officer, to receive the Scrutinizer's Report, declare the voting results of the resolutions considered at the AGM and make the requisite disclosures with the stock exchanges and on the Company's website in accordance with applicable laws. The Chairman thanked the shareholders, employees, merchants, banking and financial institution partners, technology partners and other stakeholders for their continued support and concluded the meeting. Accordingly, the 28th Annual General Meeting of the Company was formally declared concluded. The Moderator thereafter informed the members that the e-voting facility would remain available fo [Showing first 8,000 characters — download PDF for full document]