Options to purchase securities

June 29, 2026 BSE Limited National Stock Exchange of India Limited Department of Corporate Services, Listing Compliance Department, P. J. Towers, Dalal Street, Exchange Plaza, Plot No. C/ 1, G Block, Mumbai – 400 001. Bandra Kurla Complex, Scrip Code: 530079 Bandra (E), Mumbai – 400 051. Symbol: FAZE3Q Dear Sir/Ma’am, Sub: Grant of Employee Stock Options under ‘Faze Three Employee Stock Option Scheme 2024’ Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘the SEBI Listing Regulations’), we wish to inform you that the Nomination and Remuneration Committee of the Board of Directors of the Company at its meeting held today, June 29, 2026, has inter-alia, considered and approved the grant of 3,31,154 (Three Lakh Thirty One Thousand One Hundred and Fifty Four) Employee Stock Options to the eligible employees under the ‘Faze Three Employee Stock Option Scheme 2024’ in compliance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Requisite details pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed as Annexure to this disclosure. This is for your information and records. Yours Sincerely, For Faze Three Limited Akram Sati Company Secretary & Compliance Officer M. No.: A50020 Encl.:- A/a FAZE THREE LIMITED (CIN: L99999DN1985PLC000197) Regd. Office: Survey 380/1, Khanvel Silvassa Road, Dapada, Silvassa – 396 230, UT of D&NH Corporate Office: 63, 6th Floor, Wing C, Mittal Court, Nariman Point, Mumbai - 400021. Tel. : 91 (22) 43514444, 66604600 * Fax : 91 (22) 24936811 * E-mail : cs@fazethree.com * Website : www.fazethree.com Annexure Sr. Particulars Disclosures a. Brief details of options granted 3,31,154 (Three Lakh Thirty-One Thousand One Hundred and Fifty-Four) employee stock options (“Options”) granted under the ‘Faze Three Employee Stock Option Scheme 2024’ b. Whether the scheme is in terms of SEBI Yes (SBEB) Regulations, 2021 (if applicable) c. Total number of shares covered by these 3,31,154 (Three Lakh Thirty-One Thousand One options Hundred and Fifty-Four Options exercisable into not more than 3,31,154 (Three Lakh Thirty One Thousand One Hundred and Fifty-Four equity shares of face value of ₹10 (Rupee Ten Only) each fully paid-up. d. Pricing formula Options Price 1,24,000 Rs. 10/- per share 2,07,154 Rs. 425/- per share e. Options vested Not applicable Options Vesting Period 1,24,000 All the options granted will vest after 1 year from the date of grant 2,07,154 The options granted will vest over a period of 5 years from the date of grant in equal instalments of 20% each f. Time within which option may be exercised The exercise period for the granted options shall be five years from the date of respective vesting of each option. g. Options exercised Not applicable h. Money realized by exercise of options Not applicable i. The total number of shares arising as a Not applicable result of exercise of option j. Options lapsed Not applicable FAZE THREE LIMITED (CIN: L99999DN1985PLC000197) Regd. Office: Survey 380/1, Khanvel Silvassa Road, Dapada, Silvassa – 396 230, UT of D&NH Corporate Office: 63, 6th Floor, Wing C, Mittal Court, Nariman Point, Mumbai - 400021. Tel. : 91 (22) 43514444, 66604600 * Fax : 91 (22) 24936811 * E-mail : cs@fazethree.com * Website : www.fazethree.com k. Variation of terms of options Options Vesting Vesting Period Period 1,24,000 Rs. 10/- All the options per share granted will vest after 1 year from the date of grant 2,07,154 Rs. 425/- The options granted per share will vest over a period of 5 years from the date of grant in equal instalments of 20% each l. Brief details of significant terms As mentioned in the above fields m. Subsequent changes or cancellation or Not applicable exercise of such options n. Diluted earnings per share pursuant to issue Not applicable of equity shares on exercise of options *Note- All defined terms above are under ESOP disclosure are as per ESOP 2026. FAZE THREE LIMITED (CIN: L99999DN1985PLC000197) Regd. Office: Survey 380/1, Khanvel Silvassa Road, Dapada, Silvassa – 396 230, UT of D&NH Corporate Office: 63, 6th Floor, Wing C, Mittal Court, Nariman Point, Mumbai - 400021. Tel. : 91 (22) 43514444, 66604600 * Fax : 91 (22) 24936811 * E-mail : cs@fazethree.com * Website : www.fazethree.com