Clarification on announcement submitted on 9th October,2026

Date: 10 October 2026 The Manager – Listing Compliance BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street Mumbai – 400 001 Scrip Code: 512025 Subject: Clarification and additional details on the announcement dated 9th October 2026 under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir / Madam, We refer to your email dated 10 October 2026 regarding our announcement dated 9th October 2026 titled "Announcement under Regulation 30 (LODR) – Press Release / Media Release". The Exchange observed that the details required under the SEBI Circular dated 30 January 2026 were not mentioned, and that the event was not disclosed within 24 hours. We submit our response below. 1. Reason for delay. The announcement could not be filed within the prescribed time because of a technical glitch. The Company filed the announcement on 9th October 2026 at 08:27 PM, as soon as the issue was resolved. The delay was unintentional. 2. Nature of the announcement. The announcement relates to Press Release issued by M/s. CMJ Breweries Private Limited, a subsidiary of the Company with respect to Credit rating assigned on long term bank facilities. In the Company's assessment under its Policy for Determination of Materiality of Events, this event is not mandatorily disclosable under Regulation 30 read with Schedule III. The Company shared it with the Exchange as a voluntary disclosure, in line with its practice of keeping shareholders and other stakeholders informed. The Company takes the observation of the Exchange seriously and will make sure that disclosures are filed within the prescribed timelines in future. We request you to take the above on record. Yours faithfully, For Asgard Alcobev Limited Sarimul Haque Talukdar Company Secretary & Compliance Officer Membership No. A80663