Shareholders meeting

To: To: BSE Limited The Manager Corporate Relationship Department Listing Department PJ towers, The National Stock Exchange of India Limited Dalal Street, “Exchange Plaza”, Bandra – Kurla Complex, Mumbai -400001 Bandra (EAST), Mumbai – 400051 BSE SCRIP CODE: 543896 NSE SYMBOL: AVALON Sir/Madam, Sub: - Summary of the Proceedings of the 27th Annual General Meeting of Avalon Technologies Limited Ref: - Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to the above-mentioned SEBI Regulations, please find the enclosed summary of the Proceedings of the 27th Annual General Meeting of Avalon Technologies Limited held today, i.e., on Monday, September 28, 2026, at 02.30 p.m. through Video Conferencing/Other Audio-Visual Means. All the business mentioned in our AGM Notice dated September 03, 2026, has been duly transacted by the Members. The above information will also be made available on the website of the company www.avalontec.com You are requested to take the same on record. For Avalon Technologies Limited Name of the Person: Ajay Shukla Designation: Company Secretary & Compliance Officer Membership Number: A36992 Date: September 28, 2026 SUMMARY OF THE PROCEEDINGS OF THE 27th ANNUAL GENERAL MEETING OF AVALON TECHNOLOGIES LIMITED The 27th Annual General Meeting (“AGM”) of the members of Avalon Technologies Limited (“the Company”) was held on Monday, September 28, 2026, at 02.30 p.m. (IST) through Video Conferencing/Other Audio Visual Means (“VC/OAVM”). The meeting was held in compliance with the applicable General Circulars issued by the Ministry of Corporate Affairs (MCA) under the Companies Act, 2013 and circulars issued by the Securities and Exchange Board of India (SEBI) and applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Kunhamed Bicha, Chairman and Managing Director of the Company extended a warm welcome to all the members, auditors and other invitees who joined the AGM through VC. He informed that the Annual General Meeting is being held through VC in accordance with the applicable circulars issued by MCA and SEBI. The Chairman requested the Company Secretary to conduct roll call before the proceedings of the meeting. The Chairman also confirmed that the representatives from the Statutory Auditors and the Secretarial Auditors and the Scrutinizer were present at the meeting. The requisite quorum being present, the Chairman called the meeting to order. At the request of the Chairman, Ajay Shukla, Company Secretary explained the general instructions to the members regarding the participation and casting of vote through e-voting at the meeting. Mr. Kunhamed Bicha, Chairman and Managing Director delivered his speech on the performance of the Company and other highlights during the Financial Year 2025-26 and thanked the shareholders and stakeholders for their invaluable support. At the request of the Chairman, the Company Secretary confirmed that the Statutory Auditor’s Report and the Secretarial Auditor’s Report did not have any qualifications and the same can be taken as read. The Chairman informed that the resolutions to be passed, as set out in the Notice of the AGM which was duly circulated to all the shareholders would be taken as read. He also informed that the members who were present at the AGM and who have not cast their votes earlier will be able to cast their votes electronically within 30 minutes after the conclusion of the meeting. The following items of business, as per the Notice of 27th AGM were subject to voting through electronic means (remote e-voting between September 24, 2026, and September 27, 2026, and e-Voting at the time of meeting): S. No Description of Resolution Type of Resolution Ordinary Business 1. Adoption of Financial Statements Ordinary 2. Re-appointment of Mr. Kunhamed Bicha (DIN: 00819707) Ordinary as a Chairman & Managing Director, liable to retire by rotation Special Business 3. Appointment of Mr. CG Balaji (DIN: 11879293) as an Special Independent Director of the Company 4. Re-appointment of Mr. Kunhamed Bicha (DIN: 00819707) Ordinary as the Chairman & Managing Director of the Company 5. Re-appointment of Mr. Venkataramani Special Anantharamakrishnan (DIN: 00277816) as an Independent Director of the Company 6. Re-appointment of Mr. Byas Unnikrishnan Nambisan Special (DIN: 01342141) as an Independent Director of the Company 7. Payment of Commission to the Independent Directors of Ordinary the Company Thereafter, the registered speaker shareholders were invited to share their views and queries related to the Company. Clarifications were provided to the queries raised by the shareholders. The Chairman informed that the Board of Directors had appointed Alagar & Associates LLP, Practicing Company Secretaries, as the scrutinizer to supervise the e-voting process. The Chairman thanked the members for attending the meeting and the meeting was declared concluded at around 03.05 P.M. The voting results of the AGM along with the Scrutinizer’s Report shall be intimated to the Stock Exchange and placed on the website within the stipulated time limit as per Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Yours sincerely, For Avalon Technologies Limited Name of the Person: Ajay Shukla Designation: Company Secretary & Compliance Officer Membership Number: A36992 Date: September 28, 2026