Giving guarantees/indemnity/ becoming a surety for third party

JAIN RESOURCE RECYCLING LIMITED (Formerly Known as Jain Resource Recycling Private Limited) Date: September 18, 2026 JRRL/2026-27/0073 National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 SYMBOL: JAINREC SCRIP CODE: 544537 Dear Sir/Madam, Sub: Intimation pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) - Additional corporate guarantee (second tranche) in favour of ICICI Bank Limited for the facilities of Jain CY Circular Solutions Private Limited, a Subsidiary Company Pursuant to Regulation 30 read with Para B of Part A of Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we wish to inform you that the Borrowing and Investment Committee of the Board of Directors of the Company at its meeting held on September 17, 2026 have accorded their approval for issue of an additional corporate guarantee of an amount not exceeding INR 50,00,00,000 (Indian Rupees Fifty Crore only) in favour of ICICI Bank Limited. The guarantee will secure the credit facilities to be availed by Jain CY Circular Solutions Private Limited, a Subsidiary Company of the Company. This is the second tranche within the overall limit of INR 200,00,00,000 (Indian Rupees Two Hundred Crore only) approved by the Audit Committee of the Company at its meeting held on July 13, 2026. Further, the details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 with respect to the said Corporate Guarantee, is given in ‘Annexure- A’ to this letter. We request you to kindly take the same on your record. Thanking you, Yours Faithfully, For JAIN RESOURCE RECYCLING LIMITED (formerly known as Jain Resource Recycling Private Limited) ARAVINDKUMAR V COMPANY SECRETARY & COMPLIANCE OFFICER M. NO: A42531 Registered Office: THE LATTICE, Old No. 7/1, New No. 20, 4th Floor, Bishop Ezra Sargunam Road, Kilpauk, Chennai 600 010, T.N, India Unit I : D-12, SIPCOT lndl. Complex, Gummidipoondi, Thiruvallur, 601 201, T.N, India Unit II : Plot No. R1 - R3, Pappankuppam Village, SIPCOT Ind!. Complex, Gummidipoondi, Thiruvallur, 601 201, T.N, India T: +91 44 4340 9494 E: info@jainmetalgroup.com W: www.jainmetalgroup.com CIN No. L27320TN2022PLC150206 JAIN RESOURCE RECYCLING LIMITED (Formerly Known as Jain Resource Recycling Private Limited) ‘ANNEXURE A’ Disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 S.No. Particulars Description 1 Name of party for which such guarantees or Jain CY Circular Solutions Private Limited indemnity or surety was given (Jain CY) 2 Whether the promoter/ promoter group/ group No, the Company is giving additional companies have any interest in this transaction? If corporate guarantee to its Subsidiary yes, nature of interest and details thereof and company. The promoter / promoter group / whether the same is done at “arm’s length group companies do not hold any shares in the Subsidiary company. Therefore, they do not have any interest in this transaction. The guarantee is within the limit of INR 100 Crore approved by the Audit Committee on July 13, 2026 and is at arm's length. 3 Brief details of such guarantee or indemnity or Corporate guarantee of up to INR 50 Crore becoming a surety viz. Brief details of agreement in favour of ICICI Bank Limited, for the entered (if any) including significant terms and working capital and other short-term conditions, including amount of guarantee facilities of Jain CY. This is the second tranche. The first tranche of INR 50 Crore was issued on July 13, 2026. The total guarantees for Jain CY, including this tranche, will be INR 100 Crore. 4 Impact of such guarantees or indemnity or surety The additional corporate guarantee issued in on listed entity favour of the Lender will be treated as contingent liability in the books of account of the Company. There is no immediate cash outflow from the Company on account of issuance of the corporate guarantee. Registered Office: THE LATTICE, Old No. 7/1, New No. 20, 4th Floor, Bishop Ezra Sargunam Road, Kilpauk, Chennai 600 010, T.N, India Unit I : D-12, SIPCOT lndl. Complex, Gummidipoondi, Thiruvallur, 601 201, T.N, India Unit II : Plot No. R1 - R3, Pappankuppam Village, SIPCOT Ind!. Complex, Gummidipoondi, Thiruvallur, 601 201, T.N, India T: +91 44 4340 9494 E: info@jainmetalgroup.com W: www.jainmetalgroup.com CIN No. L27320TN2022PLC150206