Press Release is enclosed herewith

Date: September 24, 2026; BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street Mumbai- 400 001 SCRIP CODE: 543895 Subject : Press Release Reference: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. (‘Listing Regulations’). Dear Sir/ Madam, With reference to the captioned subject, please find enclosed herewith the press release by the Company titled “Exhicon Enters JV with India Exposition Mart Limited for Mohali Convention & Exhibition Centre”. The aforesaid information is also available on the website of the Company https://exhiconevents.in/ This is for your information and records. Thanking You, Yours Faithfully For Exhicon Events Media Solutions Limited Pranjul Jain Company Secretary & Compliance Officer Membership No. A67725 Encl – A/a EXHICON ENTERS JV WITH INDIA EXPOSITION MART LIMITED FOR MOHALI CONVENTION & EXHIBITION CENTRE STRATEGIC PARTNERSHIP STRENGTHENS BOTH COMPANIES' FOOTHOLD IN INDIA'S GROWING MICE SECTOR Exhicon Events Media Solutions Limited, a leading exhibitions, events and media infrastructure company listed on BSE announced today that it has executed a Joint Venture Agreement ("JVA") with India Exposition Mart Limited ("IEML") for its subsidiary, Exhicon Mohali Convention Centre Private Limited ("EMCCPL"), which is developing the Mohali Convention & Exhibition Centre on a PPP model with Government of Punjab. Deal Highlights  Under the terms of the agreement, Exhicon will transfer 35% of Exhicon Mohali Convention Centre Pvt. Ltd.’s paid-up equity share capital to IEML for a cash consideration.  Exhicon will retain a 65% stake, with Exhicon Mohali Convention Centre Pvt Ltd, continuing as its subsidiary.  The JVA was approved by Exhicon's Corporate Restructuring and Investment Committee and executed on September 21, 2026. About the Project The Mohali Convention & Exhibition Centre is being developed at IT City, Sector 83, Mohali, Punjab, under a Public-Private Partnership (PPP) model with the Government of Punjab. The phase 1 of the project carries a projected cost of ₹75 crore and will create a modern, large-scale venue to North India's exhibition and convention infrastructure — a region currently underserved by world-class MICE facilities. Benefits for Exhicon Shareholders  Capital-efficient growth: Exhicon brings in a strategic partner to co-fund and de-risk a large-scale infrastructure project, reducing the capital burden on the parent company while retaining majority (65%) ownership and control.  Access to sectoral expertise: IEML is a established name in India's exhibition industry, and its participation brings deep operational and market knowledge to the Mohali project, improving its prospects for successful execution and commercial viability.  Retained governance: Exhicon continues to control the board, nominating two of three directors, ensuring continuity of strategic direction.  Portfolio expansion at lower risk: The venture extends Exhicon's convention-centre portfolio into North India without diluting control of its core listed business, as the JV structure and any change in EMCCPL's status has no bearing on the management of the parent company. Benefits for IEML Stakeholders  Strategic entry into North India: The partnership gives IEML a direct stake in a landmark PPP convention centre project in the fast-growing Punjab/Chandigarh tri-city market, extending its presence beyond its existing venues.  Aligned incentives with an experienced operator: Partnering with Exhicon — which retains majority ownership and operational responsibility — allows IEML to participate in the upside of the project while leveraging Exhicon's existing execution capability and government relationship on the PPP.  Governance safeguards: IEML secures board representation and affirmative-vote rights over specified matters, protecting its interests as a minority partner.  Future participation rights: IEML retains proportional rights to contribute to future capital requirements, preserving its ownership percentage as the project scales. Padma Mishra, Whole Time Director at EXHICON said, “It’s matter of great happiness for the group to further extend our partnership to Punjab’s growing MICE Industry Mukesh Gupta, Director of IEML said, “This partnership represents an important milestone in IEML’s journey towards building a truly pan-India MICE network. Our entry into the Punjab–Chandigarh market provides access to a high-growth region while allowing us to leverage the complementary strengths of both partners to create a sustainable, scalable and value-accretive platform.” Left to Right - Mr. Pranjul Jain - Company Secretary (Exhicon), Mr. Mukesh Gupta - Director (IEML), Mr. Rakesh Kumar - Chairman (IEML), Ms. Padma Mishra - Whole Time Director (Exhicon), Mr. MQ Syed - Chairman (Exhicon),Mr. Sachin Kumar Sinha - CFO (IEML)