General Updates

Date: 29th June, 2026 To, To, National Stock Exchange of India Limited (“NSE”) BSE Limited (“BSE”) Listing Department Listing Department Exchange Plaza, C-1 Block G, Bandra Kurla Complex Corporate Relationship Department Bandra [E], Mumbai – 400051 Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001 NSE Scrip Symbol: SMARTWORKS BSE Scrip Code: 544447 ISIN: INE0NAZ01010 ISIN: INE0NAZ01010 Sub: Press Release – “Smartworks Strengthens Board with New Appointment(s) of Independent Director(s)” Dear Sir/ Madam, Please find enclosed herewith a copy of the Press Release titled “Smartworks Strengthens Board with New Appointment(s) of Independent Director(s)”. The contents of the Press Release cover full details. The said Press Release is also available on the website of the Company at https://www.smartworksoffice.com/investors/. This is for information and records. For Smartworks Coworking Spaces Limited Punam Dargar Company Secretary & Compliance Officer Mem. No.: A56987 Address: Unit No. 305-310, Plot No 9, 10 & 11 Vardhman Trade Centre Nehru Place, South Delhi-110019 Encl.: As above Smartworks Coworking Spaces Limited (Formerly known as Smartworks Coworking Spaces Private Limited) Regd. Office: Unit No. 305 – 310, Plot No. 9,10, & 11, Vardhman Trade Centre, Nehru Place, South Delhi – 110 019. Corporate Office: DLF Commercial Building, Block - 3, Zone-6, DLF Phase – 5, Gurugram, Haryana-122002 Phone No: 0124-6919 400 CIN: L74900DL2015PLC310656 Smartworks Strengthens Board with New Appointment(s) of Independent Director(s) Appoints Mr. Rajeev Krishnamuralilal Agarwal, former SEBI Whole-Time Member; Recommends appointment of Justice (Retd.) Dilip Deshmukh, former Chairman of the Company Law Board, subject to shareholders’ approval Gurugram, India, June 29, 2026: Smartworks Coworking Spaces Limited (“Smartworks” or “the Company”), India’s largest managed office platform by total area under management, has announced the strengthening of its Board with the appointment of Mr. Rajeev Krishnamuralilal Agarwal as an Additional Non-Executive and Independent Director of the Company, and the recommendation for the appointment of Justice (Retd.) Dilip Deshmukh as a Non-Executive and Independent Director of the Company, subject to the approval of the Company’s shareholders. These developments further strengthen Smartworks’ Board with deep expertise spanning capital markets, financial regulation, corporate governance, and judicial and corporate adjudication, reinforcing the Company’s overall governance framework. Commenting on the development, Neetish Sarda, Founder and Managing Director, Smartworks, said: “Strong governance has always been central to how we have built Smartworks, and it will remain just as important as we continue to grow. We are pleased to welcome Mr. Rajeev Krishnamuralilal Agarwal to our Board, and are equally pleased with the Board’s recommendation to appoint Justice (Retd.) Dilip Deshmukh, subject to shareholders’ approval. Their respective experience across capital markets, regulation, and judicial and corporate governance will meaningfully strengthen our Board’s oversight and further reinforce the institutional foundation we are building for the long term.” This strengthening of the Board reflects Smartworks’ continued focus on its governance standards and Board composition. Mr. Rajeev Krishnamuralilal Agarwal is a distinguished former Whole-Time Member of the Securities and Exchange Board of India (SEBI) and an Indian Revenue Service (IRS) officer from the 1983 batch. During his tenure at SEBI, he oversaw key policy and regulatory areas including securities markets, mutual funds, foreign portfolio investments, market intermediaries, surveillance and enforcement. He also played an important role in significant regulatory reforms, including the introduction of the Offer for Sale (OFS) mechanism, strengthening market governance frameworks, and enhancing investor protection. He currently serves on the boards of several leading listed and financial services companies. Justice (Retd.) Dilip Deshmukh is a distinguished legal and judicial veteran with over four decades of experience across the judiciary and corporate adjudication. He previously served as Chairman of the Company Law Board (now the National Company Law Tribunal) and as a Judge of the Chhattisgarh High Court. Following his judicial tenure, he has established a practice in domestic and international arbitration. His deep expertise in corporate law, governance and judicial administration will further enhance the Board's governance capabilities. About Smartworks Coworking Spaces Limited Smartworks is India’s largest managed office platform by total area under management, with a footprint of ~16.1 million square feet across 66 centres in 15 cities across India and Singapore, as on March 31, 2026. The Company partners with developers to transform large, bare-shell assets into fully managed, enterprise-grade campuses. Smartworks primarily serves mid-to-large enterprises and counts 770+ clients, including Fortune 500s, Forbes 2000 names, GCCs, MNCs, and high-growth Indian businesses. The Company also offers SmartVantage, a GCC-focused solution combining scalable campuses with a curated ecosystem of partners across legal, compliance, talent, and operational support - enabling rapid and compliant expansion in India. Smartworks listed on NSE and BSE on 17 July 2025. Safe Harbour Statement This press release (the “Release”), prepared by Smartworks Coworking Spaces Limited (the “Company”), is furnished solely for informational purposes and shall not constitute, or be relied upon in connection with, any offer, solicitation, or invitation to subscribe for or purchase any securities of the Company. No securities of the Company will be offered except by means of a statutory offering document that contains detailed information about the Company. The information and data contained herein have been compiled from sources the Company believes to be reliable; however, the Company makes no representation or warranty, express or implied, as to the accuracy, completeness, or fairness of such information. This Release is not intended to be all-inclusive, and readers should not rely solely on the information contained herein. The Company expressly disclaims any liability for any loss arising from, or in reliance upon, the whole or any part of the contents of this Release. This Release may include forward-looking statements regarding, among other things, the Company’s financial performance, growth prospects, strategy, and market opportunities. These statements involve known and unknown risks, uncertainties, and other factors such as macro-economic conditions, competitive pressures, regulatory changes, technological developments, and execution challenges that could cause actual results, performance, or achievements to differ materially from those expressed or implied herein. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law. Any forward-looking statements or projections attributed to third parties contained in this Release are not endorsed by the Company, which accepts no responsibility for such third-party information. For media queries, please write to: Anita Sharma PR & Communications Anita.sharma@sworks.co.in