ESOP/ESOS/ESPS

BSE Limited National Stock Exchange of India Ltd. Exchange Phiroze Jeejeebhoy Towers, Plaza, Plot no. C/1, G Block Dalal Street, Bandra Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 Maharashtra, India Maharashtra, India Scrip Code: 544717 Symbol: CLEANMAX ISIN: INE647U01026 Subject: Outcome of the meeting of Stakeholders Relationship Committee of the Board of Directors of Clean Max Enviro Energy Solutions Limited (Formerly known as Clean Max Enviro Energy Solutions Private Limited) (“the Company”) held on 17 July 2026 Reference: Disclosure under Regulation 30 read Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir/ Madam, Pursuant to Regulation 30 of the SEBI Listing Regulations, the Stakeholders Relationship Committee of the Board of Directors of the Company today i.e. 17 July 2026 has approved the allotment of a total of 9,220 equity shares of the face value of INR 1 (Indian Rupee One Only) each fully paid up, comprising (i) 4,610 (Four Thousand Six Hundred and Ten Rupees) equity shares pursuant to exercise of vested stock options at exercise price of INR 1 per option, and (ii) ) 4,610 (Four Thousand Six Hundred and Ten Rupees) bonus shares allotted pursuant to the bonus issuance in the ratio of 1:1 approved by the shareholders by way of resolution dated 8 August 2025, under Clean Max Enviro Energy Solutions Limited Employee Stock Option Scheme 2015 as amended from time to time (“CMES ESOS”) to the eligible employees. The equity shares so allotted shall rank pari-passu with the existing equity shares of the Company in all respects. Consequent to the aforesaid allotment, the paid-up share capital of the Company shall stand increased from INR 11,72,26,150 to INR 11,72,35,370. The details as required under SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026, with respect to above allotment is enclosed as Annexure A. The meeting commenced at 2:30 p.m. and concluded at 02:50 p.m. The same will be made available on the Company’s website www.cleanmax.com. This is for your information, record, and appropriate dissemination. Thank you. Yours faithfully, For Clean Max Enviro Energy Solutions Limited (Formerly known as Clean Max Enviro Energy Solutions Private Limited) Ullash Parida Company Secretary and Compliance Officer Membership No.: FCS 8689 Date: 17 July 2026 Place: Mumbai Enclosure: a/a Annexure A Disclosure under Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 S. No. Particulars Details 1. Brief details of options Not Applicable as the present instance is for allotment of shares granted upon exercise of options under CMES ESOS 2. whether the scheme is in Yes terms of SEBI (SBEB) Regulations, 2021 (if applicable); 3. Total number of shares 4,610 equity shares of face value of INR 1 each are covered by covered by these options the options that were exercised for the current allotment. Additionally, 4,610 bonus shares are being allotted to the said allottees pursuant to the Bonus Issuance in the ratio of 1:1, aggregating to a total allotment of 9,220 equity shares of face value INR 1 each. Each stock option is convertible into one fully paid-up equity shares having face value of INR 1 each. 4. Exercise Price The exercise price is INR 1 (Indian Rupee One Only) per Option. 5. Time within which option Not applicable may be exercised 6. Brief details of significant In case of any corporate action(s) such as rights issue, bonus terms issue, split or consolidation of equity shares, merger/ amalgamation or sale of division/ undertaking or other reorganization etc., requisite adjustments (which may include adjustments to the number of Stock Options in CMES ESOS) shall be appropriately made, in a fair and reasonable manner in accordance with the scheme. The equity shares allotted, pursuant to the exercise of the Stock Options, would not be subject to lock-in. The Exercise Price is the par value of equity shares of the Company i.e., INR 1 (Indian Rupee One Only) per Option. 7. Subsequent changes or Not Applicable cancellation or exercise of such options 8. Options vested 4,610 (Four Thousand Six Hundred and Ten Rupees) options being exercised had duly vested in accordance with the vesting schedule under the CMES ESOS prior to the date of exercise. 9. Options exercised 4,610 (Four Thousand Six Hundred and Ten Rupees) options 10. Money realized by exercise INR 4,610 (Four Thousand Six Hundred and Ten Rupees) of options 11. The total number of shares 4,610 (Four Thousand Six Hundred and Ten Rupees) equity arising as a result of shares arising from exercise of options, and 4,610 (Four exercise of option Thousand Six Hundred and Ten Rupees) bonus shares thereon, aggregating to 9,220 equity shares of Face Value INR 1 each 12. Options lapsed Not Applicable 13. Variation of terms of No variation has been made in the terms of the options. options However, pursuant to (i) the sub-division of equity shares of the Company from face value of INR 10 each to INR 1 each in the ratio of 1:10 approved by the shareholders by way of resolution dated 27 June 2025 (effective from 2 July 2025), and (ii) the bonus issuance in the ratio of 1:1 approved by the shareholders by way of resolution dated 8 August 2025, the entitlement of the Option Grantees to equity shares on exercise of vested options stands suitably adjusted in accordance with the Scheme and applicable provisions of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. 14. Diluted earnings per share Earnings per share remain unaffected, as the quantity of shares pursuant to issue of equity allotted is negligible. shares on exercise of options