Acquisition

October 16, 2026 The Manager - Listing BSE Limited (BSE: 507685) The Manager - Listing National Stock Exchange of India Limited (NSE: WIPRO) The Market Operations, NYSE, New York (NYSE: WIT) Dear Sir/Madam, Sub: Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and para 202.05 read with para 202.06 of the NYSE Listed Company Manual, it is hereby informed that Wipro Limited through its step-down subsidiary - Wipro IT Services, LLC has signed a definitive agreement to acquire 20% shareholding in FLARRE.AI, Inc. on October 15, 2026. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with relevant SEBI circulars are provided in Annexure-1. This is for your information and records. Thanking you. For Wipro Limited M Sanaulla Khan Company Secretary Annexure -1 Details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with relevant SEBI Circulars Particulars Description 1 Name of the target entity FLARRE.AI, Inc. Whether the acquisition would fall within related party transaction(s) and 2 whether the promoter/ promoter group/ No group companies have any interest in the entity being acquired? 3 Industry of Target entity AI based products and platforms. Acquisition objectives and Impact of To enhance our AI capabilities for the global acquisition insurance sector. Government or regulatory approval 5 No required Indicative time period for completion of The acquisition is expected to be completed by acquisition October 31, 2026. 7 Nature of consideration Cash Cost of acquisition and / or the price at 8 USD 2,000 w hich the shares are acquired 9 Percentage of shareholding acquired 20% FLARRE.AI, Inc. is an agentic AI platform purpose-built for insurance, and its suite of AI SDLC agents across different core insurance platforms, helps carriers accelerate implementation and deployment across product launches, expansions, upgrades, and migrations. Brief background about the entity acquired in terms of products/line of The FLARRE.AI, Inc. Insurance Native Agentic business acquired, date of Orchestration Platform combined with Insurance 10 incorporation, history of last 3 years knowledge graph and an Enterprise AI Control turnover, country in which the acquired plane, embeds agentic intelligence directly into entity has presence and any other underwriting, claims, and other workflows across significant information (in brief) the full insurance value chain, to deliver unprecedented gains for operations teams. Since the entity is recently incorporated, financial figures pertaining to previous years are not available.