Amendment to AOA/MOA

WEWORK INDIA MANAGEMENT LIMITED (Formerly known as WeWork India Management Private Limited) Regd. Office: 6th Floor, Prestige Central, 36 Infantry Road Shivaji Nagar Bengaluru, Karnataka, 560001 Email: cswwi@wework.co.in; Website: https://wework.co.in/ Telephone no.: 080-37880881 CIN: L74999KA2016PLC093227 July 16, 2026 Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Dalal Street, Bandra (East), Mumbai – 400 051 Fort, Mumbai – 400 001 Symbol: WEWORK Scrip Code: 544570 Dear Sir/Madam, Subject: Outcome of the Board Meeting held on July 16, 2026 Further to our intimation dated June 30, 2026, we wish to inform you that the Board of Directors of the Company ("Board"), at its meeting held today, i.e., July 16, 2026, has, inter alia, considered and approved the following: 1. Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026: Pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board approved the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2026. The aforesaid results along with the Limited Review Reports issued thereon by the Statutory Auditors are enclosed as Annexure A. 2. Alteration of the Objects Clause of the Memorandum of Association: The Board, subject to the approval of the Members by way of a Special Resolution, approved the alteration of Clause 3rd(A)(2) of the Main Objects contained in the Memorandum of Association of the Company to expand its scope and expressly provide for the undertaking and facilitation of business activities through e-commerce marketplaces and digital commerce platforms, mobile applications, web portals and other technology-enabled channels. The proposed amendment also seeks to expressly enable the Company to undertake such activities in various capacities, including as a facilitator, intermediary, marketplace operator, collection agent, payment settlement facilitator, referral partner or technology platform provider, as may be required in connection with its business operations. The proposed amendment is intended to provide greater operational flexibility and ensure that the Objects Clause appropriately reflects evolving business models and technology-enabled methods of delivering and facilitating products and services. The amendment is enabling in nature and does not result in any change in the principal business activities currently carried on by the Company. The details of the existing and proposed Clause 3rd(A)(2) are enclosed as Annexure B. 3. Reclassification of Authorised Share Capital and subsequent alteration of Clause 5th of the Memorandum of Association: The Board, subject to the approval of the Members by way of an Ordinary Resolution, approved the reclassification of the authorised share capital of the Company from ₹10,00,00,00,000/- (Rupees One WEWORK INDIA MANAGEMENT LIMITED (Formerly known as WeWork India Management Private Limited) Regd. Office: 6th Floor, Prestige Central, 36 Infantry Road Shivaji Nagar Bengaluru, Karnataka, 560001 Email: cswwi@wework.co.in; Website: https://wework.co.in/ Telephone no.: 080-37880881 CIN: L74999KA2016PLC093227 Thousand Crore only) divided into 85,75,05,674 Equity Shares of ₹10/- each and 14,24,94,326 Compulsorily Convertible Preference Shares of ₹10/- each to ₹10,00,00,00,000/- (Rupees One Thousand Crore only) divided into 1,00,00,00,000 (One Hundred Crore) Equity Shares of ₹10/- each. The proposed reclassification is intended to align the authorised share capital structure of the Company with its existing capital structure as the Company has no outstanding Compulsorily Convertible Preference Shares. Consequent upon the proposed reclassification, Clause 5th of the Memorandum of Association of the Company relating to the authorised share capital is proposed to be altered in the manner set out in Annexure B enclosed herewith. 4. Reduction of Share Capital (Securities Premium Account) of the Company: The Board, subject to the approval of the Members by way of a Special Resolution and sanction of the Hon’ble National Company Law Tribunal, approved the Reduction of Share Capital (Securities Premium Account) of the Company. The proposal involves utilisation of the balance in the Company’s Securities Premium Account to fully set off the accumulated losses appearing in its audited financial statements for the year ended March 31, 2026, thereby eliminating such losses from the books of account and presenting a true and fair view of the Company's financial position. The Proposed Reduction does not involve any reduction in the issued, subscribed, or paid-up share capital of the Company. The face value and number of equity shares held by each shareholder shall remain unchanged, no payment shall be made to any shareholder, and the percentage shareholding of each shareholder shall remain unaffected. Brief details of the proposal, including its rationale and salient features, are enclosed as Annexure C. The meeting of the Board of Directors commenced at 6:00 p.m. (IST) and concluded at 7:25 p.m. (IST). You are requested to take the above information on record. Yours faithfully, For WeWork India Management Limited Udayan Shukla Company Secretary & Compliance Officer Membership No.: F11744 Encl.: As above Annexure A S.R. LLP 12th Floor BATL/B01 & ASSOCIATES "UB City" Canberra Block No. 24, Villa! Mallya Road Chartered Accountants Bengaluru -560 001, India Tel : +91 80 6648 9000 Independent Auditor's Review Report on the Quarterly Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors WeWork India Management Limited I. We have reviewed the accompanying statement of unaudited standalone financial results of We Work India Management Limited (the "Company") for the quarter ended June 30, 2026 (the "Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, ("Ind AS 34") Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in [Showing first 8,000 characters — download PDF for full document]