AMS Intimation on CCI Clearance

Date: 23rd Sep 2026 BSE Limited, National Stock Exchange of India Ltd., Department of Corporate Services Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Mumbai – 400 001 Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Scrip Code: 540879 Symbol: APOLLO ISIN: INE713T01028 Dear Sir/Madam, Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) – Receipt of Letter from Competition Commission of India – Reg. This is to inform you that the Competition Commission of India (“CCI”), has issued a letter dt.23.09.2026, as received by the Legal counsel appointed for the purpose of obtaining the approval from CCI, on the application filed by the Company, vide the application dt.06.08.2026. CCI has observed that since the turnover of Premier Explosives Limited (Target Company) FY 2025-2026 is less than INR 1250 crores, the proposed combination does not exceed the thresholds specified under the Competition (Minimum Value of Assets or Turnover) Rules, 2024, read with Section 5 ( e) of the Act. Hence, the Target is de minimis for the purposes of asset/turnover thresholds under Section 5(a) to 5( c) of the Act and therefore the proposed combination is not a notifiable transaction under Section 5(d) also. Therefore, it is not a combination as per Section 5 of the Act. Hence, the approval of the CCI is not applicable with respect to the acquisition of shares of Premier Explosives Limited by the Company. Kindly note that the application was filed as a precautionary measure and to ensure complete compliance, though our assessment also stood concurrent with the conclusion stated by CCI. A press release to this effect is enclosed. We request you to kindly take the same on record. Thanking you, Yours faithfully, For Apollo Micro Systems Limited Karunakar Reddy Baddam Managing Director DIN: 00790139 Apollo Micro Systems Limited Regd Office. Plot No.128/A, Road No.12, IDA-Mallapur, Uppal Mandal, Hyderabad-500076, Telangana, India Tel No:040-27167000-099, Fax No: 040-27150820 Mail: cs@apollo-micro.com, www.apollo-micro.com CIN:L72200TG1997PLC026556 SSPro Press Release | SALHS PROGRAMME P R E S S R E L E A S E For Immediate Release REGULATORY UPDATE // CCI APPROVAL FOR PREMIER EXPLOSIVES ACQUISITION CLEARANCE FROM COMPETITION COMMISSION OF INDIA Competition Commission of India holds that the transaction is not a notifiable combination and requires no CCI approval; open offer to Premier’s public shareholders to proceed. Hyderabad, 23rd September 2026: Apollo Micro Systems Limited (NSE: APOLLO | BSE: 540879) (“AMS” or “the Company”), a leading Indian defence electronics and systems company, today announced that the Competition Commission of India (“CCI”), by its order dated 22nd September 2026, has held that the Company’s acquisition of Premier Explosives Limited (“Premier”) is not a combination under the Competition Act, 2002 and therefore does not require the Commission’s approval. AMS had voluntarily filed a notice with the CCI on 11th August 2026, as a measure of abundant caution, in respect of its acquisition of a 41.33% stake in Premier under the Share Purchase Agreement dated 9th July 2026. After reviewing the Company’s submissions, the CCI concluded that Premier’s turnover falls below the thresholds prescribed under both the Deal Value Threshold framework and the de minimis exemption. The notice has accordingly been treated as not required and disposed of. With the CCI position now settled, the open offer to the public shareholders of Premier under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 will move forward. The revised schedule of offer activities, including the tendering period, will be announced by the Manager to the Open Offer in due course. MANAGING DIRECTOR MESSAGE At a Glance Key Highlights STATEMENT OF THE MANAGING DIRECTOR  CCI order dated 22nd September 2026 “We approached the Commission proactively because we (Combination Registration No. C-2026/08/1452) believe that every step of this acquisition should be beyond confirms that the Premier transaction is not a question from a regulatory standpoint. The Commission’s order combination under Section 5 of the Competition brings clarity and allows us to proceed with the open offer. Act, 2002. Premier’s strengths in high-energy materials and propellants  No approval of the CCI is required for the complement Apollo’s capabilities in defence electronics, guidance and weapon systems integration, and together with transaction; DeeIDpL Eexpnloisnivges LAimpiteod,l lsotre’nsg tIhnend thige Aepnololo uGrso uMp’si psossiitlieon Technolo gTyh eC oapepn aofbferi ltiot iPeresm ier’s public shareholders as an integrated, indigenous defence platform aligned with the Technology has been at the core of Apollo Micro Systems’ growth journweiyll apnrodc ereedm aasi npse rc tehnet rSaEl BtIo ( SiAtsS Tl)o Rnegg-tuelarmtio nvsis, ion Government of India’s Aatmanirbhar Bharat vision.” of building a differentiated, technology-led defence enterprise. The ac2q0u1is1t,i onw oitfh thteh e TorTe vfoisre dt hes chSeedmuil eA cttiov e bLea ser Homing System aligns strongly with this strategic direction, adding a carnitnicoauln pcreedc ibsyio tnh-eg uMidaannagceer tcoa tphaeb Oiliptye nt oO ffAepr.o llo’s SHRI B. KARUNAKAR REDDY technology portfolio. By combining advanced technology with its establi shed expertise in indigenous defence systems, Apollo Managing Director, Apollo Micro Systems Limited is strengthening its ability to develop, integrate and deliver mission-critical solutions, creating a differentiated platform for sustainable growth and deeper participation in India’s evolving defence technology ecosystem. Apollo Micro Systems Limited | www.apollo-micro.com Page 1 SSPro Press Release | SALHS PROGRAMME About Apollo Micro Systems Limited Apollo Micro Systems Limited (NSE: APOLLO | BSE: 540879) is a 41-years-old pioneer in defence technology, specializes in the design, development, and manufacture of advanced electronic, electro-mechanical, and engineering systems. With multi-domain, multidisciplinary capabilities and robust infrastructure, the company is equipped to build cutting-edge defence technologies and produce them at scale for national strategic needs. Building upon capabilities of subsidiary companies, AMS as a group position itself as a Tier-I Original Equipment Design Cum manufacturer. About Premier Explosives Limited Premier Explosives Limited, headquartered in Hyderabad and listed on the NSE and BSE, manufactures high-energy materials, including solid propellants, explosives and pyrotechnic devices, for defence, space and mining applications, and contributes to several of India’s strategic missile and space programmes. Disclaimer This publication is for information only and does not constitute investment advice. Statements concerning future plans are forward looking and subject to risks and uncertainties. All information concerning Apollo Micro Systems Limited is drawn from public disclosures. This document does not contain any unpublished price sensitive information. All material information concerning Apollo Micro Systems Limited has been previously disseminated to NSE and BSE. This document is not a substitute for disclosures under SEBI (LODR) Regulations, 2015; readers should refer to www.nseindia.com and www.bseindia.com. Trading on the basis of unpublished price sensitive information is prohibited under SEBI (Prohibition of Insider Trading) Regulations, 2015. Apollo Micro Systems Limited | www.apollo-micro.com Page 2