ESOP/ESOS/ESPS

Date: September 22, 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 Sub: Allotment of 8,90,722 equity shares pursuant to exercise of ESOP under Pine Labs Employee Stock Option Plan 2025 Dear Sir/ Madam, We wish to inform you Pine Labs Limited (“the Company”) has allotted 8,90,722 equity shares of ₹1/- each today i.e. on September 22, 2026 to the eligible employees upon exercise of equivalent number of Employee Stock Options under Pine Labs Employee Stock Option Plan 2025 (“the scheme”). The said equity shares shall rank pari passu with the existing equity shares of the Company, in all aspects. Consequent to the above allotment, the paid-up Equity Share Capital of the Company has increased from ₹ 1,15,38,58,090/- (i.e. 1,15,38,58,090 equity shares of ₹1/- each) to ₹1,15,47,48,812/- (i.e. 1,15,47,48,812 equity shares of ₹1/- each). We are in the process of completing the formalities with respect to the listing of the said shares and will file a listing application along with requisite documents with the exchange shortly for seeking listing & trading approval. The above information will also be available on the website of the Company at https://www.pinelabs.com/investor-relations. We request you to kindly take the above on record. Thanking you, For Pine Labs Limited Neerav Mehta Company Secretary and Compliance Officer Membership Number: A20949