Outcome of 39th Annual General Meeting

September 30, 2026 The Manager, Listing Department, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001 Ref: Scrip Code: 523660 / WATERBASE Dear Sir/Madam, Sub: Summary of Proceedings of the 39th Annual General Meeting (‘AGM’) of The Waterbase Limited (‘the Company’) We wish to inform that the 39th Annual General Meeting ("AGM") of the Company was held today viz. Wednesday, September 30, 2026 at 11.30 AM by Video Conferencing or OAVM. In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the summary of proceedings of 39th AGM of the Company held on September 30, 2026. This is for your information and records. Thanking you, For The Waterbase Limited R Sureshkumar Company Secretary Encl: a/a THE WATERBASE LIMITED SUMMARY OF PROCEEDINGS OF THE 39TH ANNUAL GENERAL MEETING (‘AGM’) The 39th AGM of the Members of The Waterbase Limited (‘the Company’) was held on Wednesday, September 30, 2026, at 11.30 AM (IST) through Video Conferencing (‘VC’) / Other Audio-Visual Means (‘OAVM’). The Meeting was conducted in compliance with the circulars issued by the Ministry of Corporate Affairs (‘MCA’) and the Securities and Exchange Board of India (‘SEBI’). The Company had availed the facilities provided by the Central Depository Services (India) Limited (CDSL) for convening the AGM through VC / OAVM, for remote e-voting and for e-voting at the AGM. Mr. Varun Aditya Thapar, Chairman of the Board of Directors of the Company conducted the proceedings of the Meeting. He welcomed the Members to the 39th AGM of the Company. As the requisite quorum was present, the Chairman called the meeting to order and the meeting commenced at 11.30 AM. The Chairman introduced the Directors, Managing Director, Chief Executive Officer, Chief Financial Officer and Company Secretary who were present along with him. He also extended a warm welcome to the statutory auditor, secretarial auditor and the scrutiniser. The Chairman informed that Mr. M Francis, Practicing Company Secretary (Membership No: F10705) of M/s. M Francis & Associates, Company Secretaries was appointed as the Scrutinizer for scrutinizing the votes cast through remote e-voting as well as through e-voting process at the AGM. The Chairman then briefed the members about the performance highlights of the company for the financial year 2025-26. He also explained in detail, the industry scenario, challenges faced by the company and the actions taken by the Company to overcome the challenges. He also briefed on the global market situation. Thereafter he requested Mr. Ramakanth V Akula, Managing Director to give further details on how the Company responded to the challenges and plans to strengthen performance and create sustainable long-term value. Mr. Ramakanth V. Akula then addressed the members and shared insights on the Company’s business performance, the prevailing sectoral environment, the initiatives undertaken during FY 2025–26, recent developments affecting the aquaculture industry and international trade, and the Company’s outlook and priorities for FY 2026–27. Thereafter, the Chairman requested Mr. Chola Varma Alluri, CEO, to give further details on Company’s performance, strategic initiatives etc. The Chief Executive Officer, then addressed the members and provided an overview of the Company’s operational and financial performance during FY 2025–26. He highlighted the initiatives undertaken to strengthen integration across the aquaculture value chain, improve processing capacity and utilisation, diversify export markets, enhance organisational responsiveness and maintain financial discipline. He also outlined the Company’s key operational priorities and strategy for FY 2026–27. Then Chairman requested the Company Secretary to proceed further. The Company Secretary then briefed the members that the following businesses need to be transacted at the AGM as per the notice dated September 08, 2026. Ordinary resolutions 1. Consideration and adoption of the Standalone and Consolidated Financial Statements, together with the reports of the Directors and Auditors thereon for the year ended March 31, 2026. 2. Re-appointment of Ms. Nitasha Thapar, who as per the requirement of Companies Act, 2013 retires by rotation and being eligible seeks re-appointment. 3. Redesignation of Mr. Ramakanth V Akula, who was appointed as CEO and Whole-time Director of the Company for a period of 3 years w.e.f August 9, 2024 and whose appointment was approved by the Members at the Annual General Meeting held on September 25, 2024, as Managing Director of the Company, with effect from April 01, 2026. The Chairman thereafter invited the members, who had registered as speakers, to raise any queries or seek any clarifications on the operations of the company during the year 2025-26. After the speakers spoke, all the queries including those received online during the meeting were answered by the Chairman, Managing Director, Chief Executive Officer and Chief Financial Officer. The Chairman further informed that those Members who had not taken part in the remote e-voting and wished to vote at the 39th AGM could do so and sufficient time would be allowed for them to cast their votes through electronic voting. The Chairman announced to the Members that, upon completion of the electronic voting, the Scrutinizer would take up the counting of votes cast during the Annual General Meeting and, also unblock the votes cast through the remote e-voting and provide consolidated scrutinizers’ Report on the voting. He also announced that on receipt of the Scrutinizer’s Report, the results would be declared and the details of the voting results along with the Scrutinizer’s Report will be placed on the website of the Company within the time permitted under law and will also be communicated to the Stock Exchange. The Chairman thanked the Members for their interest in the Company and for participating in the meeting and called the meeting to an end. Thereafter, the Members who wished to vote, not having participated in the e-voting earlier, exercised their votes and the meeting was concluded at 12.40 P.M. and remote e-voting ended at 12:55 P.M. This is for your kind information and record. For The Waterbase Limited R Sureshkumar Company Secretary