Grant of options under ESOP 2025

September 24, 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, G Block, Bandra-Kurla Complex Mumbai- 400 001 Bandra (E), Mumbai - 400 051 BSE Scrip Code: 532348 NSE Symbol: SUBEXLTD Dear Sir/Madam, Sub: Grant of options under ESOP 2025 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in compliance with the provisions of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, we wish to inform you that the Nomination and Remuneration Committee ("NRC") of the Company, through a resolution passed by circulation on September 24, 2026, has approved the grant of 27,50,000 stock options under the Employee Stock Option Plan 2025 ("ESOP 2025") to eligible employees of the Company. These employees are a level below the Senior Management identified as key contributors and further as part of talent retention program. The options were granted at an exercise price of Rs. 9/- per option from the unallocated options held by the Subex Employee Welfare and ESOP Benefit Trust ("Trust"). Kindly take the same on record. Thanking you, Yours faithfully, For Subex Limited Ramu Akkili Company Secretary & Compliance Officer