Updates

July 13, 2026 The Secretary The Secretary BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot no. C/l Dalal Street, Mumbai- 400 001 G Block, Bandra-Kurla Complex Fax: 022-2272 2037/2039/2041/3121 Bandra (E), Mumbai - 400 051 BSE Scrip Code: 532348 Fax: 022-2659 8237/38; 2659 8347/48 NSE Symbol: SUBEXLTD Dear Sir/Madam, Sub: Business Responsibility and Sustainability Report for the Financial Year 2025-26 Pursuant to Regulation 34(2)(f) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith a copy of Business Responsibility and Sustainability Report for the Financial Year 2025-26. The said report forms part of the Annual Report for Financial Year 2025-26 and is also available on the Company’s website at: https://www.subex.com/investors/shareholder-services/. Kindly take the same on record. Thanking you, Yours faithfully, For Subex Limited Ramu Akkili Company Secretary & Compliance Officer Encl: as above BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT Section A: General Disclosures I. Details of the listed entity 1. Corporate Identity Number (CIN) of the Listed Entity L85110KA1994PLC016663 2. Name of the Listed Entity Subex Limited 3. Year of incorporation 1994 4. Registered office address Pritech Park-SEZ, Block-9, 4th floor, B Wing, Survey No. 51-64/4, Outer Ring Road, Bellandur Village, Varthur Hobli, Bengaluru- 560 103 5. Corporate address Pritech Park-SEZ, Block-9, 4th floor, B Wing, Survey No. 51-64/4, Outer Ring Road, Bellandur Village, Varthur Hobli, Bengaluru- 560 103 6. E-mail investorrelations@subex.com 7. Telephone 080 37451377 8. Website https://www.subex.com/ 9. Financial year for which reporting is being done Financial Year 2025-2026 10. Name of the Stock Exchange(s) where shares are listed BSE Limited and The National Stock Exchange of India Limited 11. Paid-up Capital ` 281 Crores 12. Name and contact details (telephone, email address) of the Ramu Akkili person who may be contacted in case of any queries on the Company Secretary and Compliance Officer BRSR report Contact: 080 37451377 Email: investorrelations@subex.com 13. Reporting boundary - Are the disclosures under this report The information against the disclosures provided in this report by made on a standalone basis (i.e. only for the entity) or on a Subex Limited are presented on a standalone basis for our operations consolidated basis (i.e. for the entity and all the entities which in India, unless specifically indicated otherwise. These disclosures form a part of its consolidated financial statements, taken pertain solely to our performance within the Indian market. together) 14. Name of assurance provider Not applicable 15. Type of assurance obtained Not applicable II. Products/services 16. Details of business activities (accounting for 90% of the turnover): S.No. Description of Main Activity Description of Business Activity % of Turnover of the entity 1 Services, and related activities 62099 99% 2 IT Software 62099 1% 17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover): S.No. Product/Service NIC Code % of total Turnover contributed 1 Support & others 62099 41% 2 License Implementation and customization 62099 30% 3 Managed Services 62099 29% III. Operations 18. Number of locations where plants and/or operations/offices of the entity are situated: Location Number of plants Number of offices Total National 0 1 1 International 0 6 6 19. Markets served by the entity: a. Number of locations Locations Number National (No. of States) 1 International (No. of Countries) 6 b. What is the contribution of exports as a percentage of the total turnover of the entity? c. A brief on types of customers Subex Limited is a trusted partner to several of the world’s leading telecommunications companies, delivering solutions across AI-driven Fraud Management, Business Assurance, and Partner Lifecycle Management. With a strong focus on innovation, Subex leverages advanced technologies to help its customers safeguard revenues, mitigate risks, and strengthen operational excellence. IV. Employees 20. Details as at the end of Financial Year: a. Employees and workers (including differently abled): S.No. Particulars Total (A) Male Female No.(B) %(B/A) No. (C) %(C/A) EMPLOYEES 1 Permanent (D) 626 424 67.7% 202 32.3% 2 Other than Permanent (E) 6 3 50.0% 3 50.0% 3 Total employees (D + E) 632 427 67.6% 205 32.4% WORKERS 4 Permanent (F) 0 0 0 0 0 5 Other than Permanent (G) 0 0 0 0 0 6 Total workers (F + G) 0 0 0 0 0 b. Differently abled Employees and workers: S.No. Particulars Total (A) Male Female No.(B) %(B/A) No. (C) %(C/A) DIFFERENTLY ABLED EMPLOYEES 1 Permanent (D) 0 0 0 0 0 2 Other than Permanent (E) 0 0 0 0 0 3 Total differently abled employees (D + E) 0 0 0 0 0 DIFFERENTLY ABLED WORKERS 4 Permanent (F) 0 0 0 0 0 5 Other than Permanent (G) 0 0 0 0 0 6 Total differently abled workers (F + G) 0 0 0 0 0 2 Annual Report 2025-26 21. Participation/Inclusion/Representation of women Total (A) No. and percentage of Females No.(B) %(B/A) Board of Directors 6 1 16.7% Key Management Personnel 2 0 - Note: 1. Managing Director & CEO included in the Board of Directors. 2. Key Managerial Personnel includes Chief Financial Officer and Company Secretary. 22. Turnover rate for permanent employees and workers (Disclose trends for the past 3 years) FY- 2026 FY- 2025 FY- 2024 (Turnover rate in current FY) (Turnover rate in previous FY) (Turnover rate in the year prior to the previous FY) Male Female Total Male Female Total Male Female Total Permanent Employees 24% 19% 22% 24% 25% 24% 34% 31% 33% Permanent Workers 0 0 0 0 0 0 0 0 0 V. Holding, Subsidiary and Associate Companies (including joint ventures) 23. (a) Names of holding / subsidiary / associate companies / joint ventures S.No. Name of the holding / subsidiary / associate Indicate whether % of shares Does the entity indicated companies / joint ventures (A) holding/ Subsidiary/ held by at column A, participate in Associate/ Joint listed the Business Responsibility Venture entity initiatives of the listed entity? (Yes/No) 1 Subex Assurance LLP Subsidiary 100% No 2 Subex Digital LLP Subsidiary 100% No 3 Subex Technologies Limited Subsidiary 100% No 4 Subex Americas Inc. Subsidiary 100% No 5 Subex (UK) Limited Subsidiary 100% No 6 Subex Middle East (FZE) Subsidiary 100% No 7 Subex Bangladesh Private Limited Subsidiary 100% No 8 Subex (Asia Pacific) Pte Limited Subsidiary 100% No 9 Subex Inc. Subsidiary 100% No 10 Subex Account Aggregator Services Private Limited* Subsidiary 100% No * Voluntarily liquidated during the financial year 2025-26. VI. CSR Details 24. (i) Whether CSR is applicable as per section 135 of Companies Act, 2013: (Yes/No) (ii) Turnover (in `) ` 256.07 Crores (iii) Net worth (in `) ` 171.59 Crores VII. Transparency and Disclosures Compliances 25. Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible Business Conduct: Stakeholder Grievance Redressal Mechanism in Place FY- 2026 Current Financial Year FY- 2025 Previous Financial Year group from (Yes/No) (If Yes, then provide web-link Number of Number of Remarks Number of Number of Remarks whom for grievance redress policy) complaints complaints complaints complaints complaint is filed during pending filed during pending received the year resolution the year resolution at close of at close of the year the year Communities Yes. https://www.subex.com/pdf/investors/ 0 0 - 0 0 - Corporate-Governance/Subex-Global- Whistle-blowing-Policy.pdf Investors Not applicable (other than shareholders) Shareholders Yes. investorrelations@subex.com & 0 0 - 1 0 - https://scores.sebi.gov.in/scores-home Employees and Yes. https://www.subex.com/pdf/investors/ 1 0 - 0 0 - workers Corporate-Governance/Subex-Global- Whistle-blowing-Policy.pdf. Customers Yes, Given the enterprise B2B nature of our business, we have support teams [Showing first 8,000 characters — download PDF for full document]