Press Release

PGIL/SE/2026-27/59 Date: September 22, 2026 The General Manager, The General Manager, Department of Corporate Service CRD Listing Department BSE Limited National Stock Exchange of India Limited 1st Floor, New Trading Ring Rotunda “Exchange plaza”, Plot No. C-1, Building, P. J. Towers G- Block, Bandra - Kurla Complex, Dalal Street, Fort, Mumbai – 400 001 Bandra (E), Mumbai - 400 051 BSE Scrip Code – 532808 NSE Symbol - PGIL Subject: Press Release Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Press Release titled Pearl Global Industries Strengthens Bangladesh Manufacturing Footprint with New Manufacturing and Laundry Facility; Total Installed Capacity Across Geographies Reaches ~108 Million Pieces Annually. You are requested to take the same on your records. Thanking you, Yours faithfully, For Pearl Global Industries Limited (Shilpa Saraf) Company Secretary and Compliance Officer ICSI M. No.: ACS-23564 Encl: as above Pearl Global Industries Limited Regd. & Corp. Office: Pearl Tower, Plot No. 51, Sector-32, Gurugram – 122001, Haryana (India) Tel: +91-124-4651000 l E: info@pearlglobal.com CIN: L74899HR1989PLC140150 w w w . p e a r l g l o b a l . c o m Pearl Global Industries Strengthens Bangladesh Manufacturing Footprint with New Manufacturing and Laundry Facility; Total Installed Capacity Across Geographies Reaches ~108 Million Pieces Annually Gurugram, 22nd Sep 2026: Pearl Global Industries Limited (PGIL) (BSE: 532808) (NSE: PGIL), India’s largest listed garment exporter, manufacturing from multiple sourcing regions in South Asia, South-East Asia and Central America has announced the commissioning of new manufacturing facility and expansion of sustainable laundry capacity in Bangladesh. The new manufacturing unit adds ~7 Mn pieces of annual garment capacity, at optimum utilization, taking the company’s overall installed manufacturing capacity to a total of ~108 million pieces per annum. Commenting on the expansion, Mr. Pulkit Seth, Vice-Chairman & Non-Executive Director, said: “We continue to focus on strategic capital expenditure to capture the growth opportunities in Bangladesh and strengthen our position in this important sourcing market. Bangladesh as a country continues to be a growth driver for the Group, supported by its favourable trade access to major global markets. This capacity addition further strengthens our ability to serve leading global customers and represents another important milestone in our growth journey. It also reinforces our long-term commitment to building a scalable and globally competitive manufacturing platform.” Mr. Pallab Banerjee, Managing Director, added: “The commissioning of the new manufacturing facility, adding~7 million pieces of capacity, further strengthens Pearl Global’s multi-country manufacturing network, offers a well- established apparel manufacturing ecosystem, supported by a skilled and cost-efficient workforce. The expansion will further enable us to leverage this ecosystem while meeting the evolving requirements of our global customers. In addition, the expansion of our in-house sustainable laundry capacity will enhance operational efficiency, reduce washing costs and water consumption, and is expected to generate a ROCE of approximately 18–20%.” About Pearl Global Industries Limited: Established in 1987, Pearl Global Industries Limited (PGIL) is one of India’s largest listed garment exporters, manufacturing from multiple sourcing regions South Asia (India, Bangladesh), South-East Asia (Vietnam, Indonesia) and Central America (Guatemala). A preferred long-term vendor to most leading global brands, company is amongst the leading player in textile Industry. The mainstay business is to create value from competitively manufacturing and exporting fashion garments to leading global brands. Product range includes knits, woven, denim, outerwear, activewear and athleisure. Company has a well-diversified and de-risked manufacturing base with 25 manufacturing units spread across India, Indonesia, Bangladesh, and Vietnam and Guatemala. PGIL has a total capacity to manufacture ~108 million pieces per year (including own and outsourced facilities). Company revenue structure is primarily export based. PGIL provides total supply chain solutions to customers-value retailers and high-end fashion brand retails in the USA, EU, UK, Japan, Australia and Canada. Business model enables them to offer superior quality products across various countries, catering to all kinds of consumers. More information: https://www.pearlglobal.com/ Follow us on LinkedIn: Pearl Global Industries Ltd. – PGIL For further Queries please contact: Company: Investor Relations Advisors: Pearl Global Industries Limited Strategic Growth Advisors Pvt. Ltd. CIN - L74899HR1989PLC140150 CIN: U74140MH2010PTC204285 Mr. Sanjay Gandhi - Group CFO Ms. Dhresha Shah / Mr. Karan Thakker sanjay.gandhi@pearlglobal.com dhresha.shah@sgapl.net / karan.thakker@sgapl.net +91-9833105108 / +91-8169962562 Mr. Shishir Gahoi - Head - Investor Relations www.sgapl.net shishir.gahoi@pearlglobal.com +91-9985450022 Safe Harbor: Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results changed assumptions or other factors.