ESOP Trust Deed

.,,..a BLACK BUCK Ref: BLACKBUCK/CORP/2026-27/85 September 24, 2026 To To National Stock Exchange of India Ltd., BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (E), Mumbai – 400 051 Mumbai – 400 001 Scrip Code: 544288, Scrip Symbol: BLACKBUCK, Series – EQ ISIN- INE0UIZ01018 Sub: Disclosure under Regulation 3(3) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 – Submission of ESOP Trust Deed We wish to inform that the Company in its capacity as settlor has formed a Trust under the name and style of “BlackBuck ESOP Trust” for administration and implementation of the BlackBuck Limited Employee Stock Option Plan 2016 and BlackBuck Limited Employee Stock Option Plan 2019. Pursuant to the Regulation 3(3) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, a copy of the duly executed and registered Trust Deed is enclosed. The above information will also be available on the website of the Company i.e. www.blackbuck.com This is for your information and records. Thanking you Yours Sincerely, For BlackBuck Limited (Formerly known as Zinka Logistics Solutions Limited) Barun Pandey Company Secretary & Compliance Officer Membership No. A39508 91J 19J 80461 22800 f, c,(Olb/ackbutk,crim ~ b/ockbuekcO/l 1 " OlackOuck Limited (Formerly known os Zinke, Logistics Solutlons L1m11edJ neaisterea omce oadress: •essoe Va/shnovJ-Sumrnl1' .I st Floor. No·6/B, 7th Moln, so n•c1 Roo<J, 3rd 01ock. Koromon110to 1111:/umlo/ layout, Corporation Word Nu. 68, Korwno119alo, Bengoluru • 5600J<I, Komoro~o. Ind/a, CIN; L6JOJOKA20J5PLC0791l"1~ THIS INDENTURE OF Trust Deed is made on this 24th day of September 2026 [ 24/09/2026) at Bengaluru (hereinafter referred to as the "Effective Date") BETWEEN BLACKBUCK LIMITED, a company registered in India under the provisions of the Companies Act, 2013, having PAN No. AAACZ8319C, TAN No: BLRZ11348B and CIN: L63030KA2015PLC079894 and having its registered office at Essae Vaishnavi-Summit 1st Floor, No- 6/B, 7th Main, 80 Feet Road, 3rd Block, Koramangala Industrial Layout, Corporation Ward No. 68, Koramangala, Bangalore - 560034, Karnataka, acting through its duly authorized representative Mr. BARUN PANDEY [Aadhaar No. 850534717652], the Company Secretary and Head legal, duly authorized vide Board resolution dated July 29, 2026. Hereinafter referred to as the "Settlor", which expression shall unless it be repugnant to the context or meaning thereof, be deemed to mean and include its successors, Interest & assigns of the ONE PART; QAPITA EQUITY TECH LIMITED (Formerly known as KP Corporate Solutions Limited), incorporated under Companies Act, 1956 having CIN: U72200MH1997PLC107907 [PAN No. AABCK6559L TAN No. PNEK05865G] and with registered office at Indi Qube The Kode, 7th Floor, Sr. No. 134, Hissa No. 1/38, CTS No. 2265 to 2273, Baner Pashan Link Road, Pune, Maharashtra - 411045, acting through its duly authorized signatory, Mr. ABHISHEK SARDA [Aadhar No. 905275584536) Authorized signatory duly authorized through its Board of Directors resolution dated July 17, 2026. (hereinafter referred to as a "Trustee", which expression shall, unless be repugnant to the context or meaning thereof, be deemed to mean and include all the Trustees from time to time of this Trust, survivors and the legal representatives and executors, administrators and successors of the last of the survivor of the Trustees) of the OTHER PART; Page 1 of 24 llK IV BN G-BMJb.. .. .b.\..\. .... ./202~ d- -?..' } "'&N2!Fe!,'cf Ai'crc)FO ~Jcl('.Ociffi o5c)T\Jcl c:.:D)G:JC?JOu' 'cle.Yc)ro Department of Stamps and Registration BLACK.BUCK LIMITED, is Rep. by Mr.BAR.UN PANDEY 'clc:jd.) U,000.00 OJclc;Jc)Q).)ri~~.)ot <0riD~ c:i}.)GJc?JO"'& ~be.)e:Yc)?\ ci:Jc>i,j.g~O.)~d~.)ot dcJ½9eu'DAie.Yc)?\ci. a;JJtrcld ~Jcl~ (dJcl.) co E'el ci c;Jc) c:j] CID c.'.'.l c:j d E-l'aymcnt 2,000.00 Online Challan Reference Number RG0926000032401959 Datccl:22/09/2026 Total: 2,000.00 BK IV BN G-BMH ..... £..I.J.. ..... ./2026-_;t 3-;;n- WHEREAS: A. The Settlor is engaged in the business of providing technology-enabled solutions for the trucking and logistics ecosystem, including enabling digital payments, distribution of F ASTag, fleet telematics, and allied services to commercial vehicle operators and fleet owners across India. B. The Settlor intends to implement its existing equity-based employee compensation plans for the benefit of its employees with a view to attract, retain and incentivize them through an irrevocable employee welfare trust. C. The Board of Settlor has accorded its consent vide its resolution dated July 29, 2026 to set-up and bring into existence an irrevocable employee welfare trust, namely "Blackbuck Limited ESOP Trust" ("Trust") in due ·compliance with the SBEB Regulations and provisions of the Applicable Laws, with a view to administer Scheme through the Trust. D. Upon the proposal of Settlor, the Trustee have consented to act as the first/ sole Trustee of the Trust and to accept the Trust under these presents beirtg testified by execution. hereof through its authorized represerttative. E. The Settlor has handed over to the Trustee a sum upto Rs. 10,000 / (Rupees Ten Thousand only), the payment and receipt whereof the Trustee hereby admits, and acknowledges as initial corpus ("Initial Corpus") of the Trust hereby constituted. F. The Settlor and the Trustee have agreed to execute this Trust Deed to record herein the nature and scope of their respective rights, duties, and entitlements with respect to the Trust. Page 2 of 24 i::3fe>c.D.,_~c6c;i.., efl)c;J c=:5Jc:>Wd~ u'0'J\L)OJ.:lV~ G)Ne)O'& 24/09/2026 dod:i 10:26: I,! rio63n B'l 'ci'"',/7'1 a.'.'.)c:jD~d cl.K).ciJc:>oDn -- -- ----I -- ~'6 oJc r0 o.) . " e,jcJQ < d Jcl.iill,J ----·-- I ;(i ec .Jc) cl:i eJ. 1,600.00 - · .. 2 o5 'cJ':i,_, c.J D "3Jcl W d ~ 2.b eJ. 500.00 we.3\.1 2, I 00.00 BI.ACKBUCK LIMITED, is Rep. by Mr.BARUN PANDEY 'blcJlJod o5c)~Cb ~ae).ue.°5.~ci. AJCX) Bl .ACKBUCK LIMITED, :s Rep. by Mr.13/\RUN PANDEY, , 0, R,.:sident or:, Essac Vaislmavi-Summit I st !''Joor, "-:o-6/I3, 7th Main, 80 Feet Road, 3rd 13lock. Kr,ramangala Industrial I .ayout, Corpu;·ation Ward No. 6~. Kuramangala, 13angalorc, 13engaluru South, 131:NC/\I .URU URBAN, K/\RN/\T/\K/\ -560034 (Presenter) Bl .ACK BUCK LIMITED, is Rep. hy Mr.BAR.UN PANDEY, , 0, Rcsidelll or: , 1;ssae Vaishna,·i-Summit I st Floor, No-<,/H, 7th Main, 80 Feet Road, 3rd Blo~k. i(ora111;rngala Industrial l .ayo·.1t, Curpor..1.ion Ward Nn (1b, I<u1<111uu;ga!d, B,mg,•lon;. Bc1,galuru South, ,_ ll1·NGAi .\JRU UiU:l/\N, K/\kN;\l"/\K,\ -.:;(,0034 (l'xcct•'.ant) --- -- - - ----- -- -- - --- ---- 1 --- _ ___ __, Qapita Equity Tech Limited (Fmmcrly knoiNn as KP Corporate Solutions Limited) is Rep. by Mr.Abbishck Anil Sarda, . 0, Resident or: . Registered oflice at l11d;Qubc The 2 Kmk. 7th Floor, Sr No. 134, lli~sa :---1c I 138, CTS No 2265 to 22'i3, Banc1 l'ashan I 111k Rl•nd, l'une City, l'lJNI;_ MJ\l!J\RJ\Sll J'lv\ -41 JfJ45 (Exc;utant) Left Thumb -- --------L-- --== -=-.:: eeon<?J,~m •~ nd BK IV BNG-B~1H .......6 .'.LL ...... /2026-27 G°- a ' J NOW THIS TRUST DEED WITNESSETH IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS: 1. Definitions and Interpretation 1.1. Definitions In these presents, unless there is anything repugnant to the context or meaning thereof: a) 11 Applicable Laws" means the legal requirements relating to employee welfare trusts and employee stock options, employee stock appreciation rights, including, without limitation to, the Indian Trust Act, 1882, the Companies Act, 2013 and the rules framed thereunder, Securities and Exchange Board of India Act 1992, the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations 2021 (" SBEB Regulations") and all relevant tax, securities, exchange control or corporate laws of India or of any relevant jurisdiction or of any Stock Exchange on which the Shares [Showing first 8,000 characters — download PDF for full document]