Outcome of Board Meeting

ZAGGLE/26-27/80 October 06, 2026 To To Listing Department The Corporate Relations Department NATIONAL STOCK EXCHANGE OF INDIA LIMITED BSE LIMITED Exchange Plaza, Plot No C/1, G Block Bandra Phiroz Jeejeebhoy Towers, Kurla Complex, Bandra (East), Mumbai -400 25th Floor, Dalal Street, 051, Maharashtra Mumbai -400 001, Maharashtra Company Symbol: ZAGGLE Company Scrip Code: 543985 Dear Sir / Madam, Subject: Incorporation of a wholly owned subsidiary in Abu Dhabi Global Market (ADGM) Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, We wish to inform you that the Board of Directors of Zaggle Prepaid Ocean Services Limited (Company) at its meeting today i.e., October 6, 2026, has approved the incorporation of wholly owned subsidiary of the Company in ADGM in the name and style of “ZAGGLE HOLDING LIMITED”. Disclosures of information required under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure -A. The Board meeting commenced at 1:30 PM (IST) and concluded at 2:15 PM (IST). Please take the information on records. Thanking you Yours faithfully, For Zaggle Prepaid Ocean Services Limited Hari Priya Company Secretary and Compliance Officer Annexure – A Sl. No Particulars Description Name of the proposed company: Zaggle Holding Limited or such other name as approved by the relevant authority(ies) Name of the entity, date & country of 1 Date of Incorporation: Incorporation process will incorporation, etc. be initiated. Country of incorporation: Abu Dhabi, United Arab Emirates (UAE) Name of holding company of the The entity is being incorporated as wholly owned 2. incorporated company and relation subsidiary of the Company with the listed entity Industry to which the entity being 3. Fintech Industry / SaaS / AI acquired belongs Brief background about the entity The proposed entity will be engaged in Fintech/ incorporated in terms of products / SaaS /AI business along with acting as holding line of business company for holding investments in group and third-party entities, as per business requirements Brief details of any governmental or ADGM Registration Authority and any other 5. regulatory approvals required for the approvals, as may be required incorporation The entity is proposed to be incorporated with an Nature of consideration - whether initial capital of an amount equivalent to USD cash consideration or share swap and 6. 10,000 (or INR equivalent), to be infused in one or details of the same more tranches, in accordance with applicable local laws and requirements Cost of subscription / price at which 7. As above the shares are subscribed Percentage of shareholding / control The Company shall hold 100% of the shareholding 8. by the listed entity and / or number of in the proposed entity shares allotted