Cube Highways Trust has informed the Exchange regarding Submission of the Compliance Report on Corporate Governance for the Q2 FY 2026-27

October 16, 2026 Listing Department Listing Department BSE Limited National Stock Exchange of India Limited 20th Floor, P. J. Towers Exchange Plaza, C-1, Block-G Dalal Street, Mumbai – 400 001 Bandra-Kurla Complex, Bandra (E) Scrip Code: 543899 Mumbai - 400 051 ISIN: INE0NR623014 Symbol: CUBEINVIT Subject - Submission of Compliance Report on Corporate Governance for the quarter ended September 30, 2026 Dear Sir/ Madam, Pursuant to the provisions of Regulation 26K of the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014, read with SEBI Circular no. SEBI/HO/DDHS-PoD-2/P/CIR/2025/102 dated July 11, 2025 issued by the Securities and Exchange Board of India, as amended from time to time, and other applicable laws, circulars and regulations, if any, the compliance report on Corporate Governance of Cube Highways Trust (InvIT) for the quarter ended September 30, 2026, is enclosed herewith as Annexure I. You are requested to take the same on record. Thanking you. For Cube Highways Fund Advisors Private Limited (acting in its capacity as Investment Manager to Cube Highways Trust) Richa Gupta Rohatgi Compliance Officer and Company Secretary Trustee to the InvIT Axis Trustee Services Limited Axis House, P B Marg, Worli, Mumbai, Maharashtra, India- 400025 Encl: As Above CUBE HIGHWAYS FUND ADVISORS PRIVATE LIMITED CIN: U74999DL2021FTC379941 Regd. Office: B-376, UGF, Nirman Vihar, New Delhi - 110092 Corporate Office: Unit No. 1901, 19th Floor, Tower-B, World Trade Tower, Plot No. C-1, Sector-16, Noida, U.P-201301 E-mail: - compliance.officer@cubeinvit.com, Phone: +91-120-4868300 ANNEX I Format of report on Governance to be submitted by the investment manager on quarterly basis 1. Name of InvIT – Cube Highways Trust 2. Name of the Investment manager – Cube Highways Fund Advisors Private Limited 3. Quarter ending – September 30, 2026 I. Composition of Board of Directors of the Investment Manager Titl Name PAN$ & DIN Category Initial Date of Date Tenure* No. of No of Number Number of e of the Director (Chairperson Date of Reappointm of ( directorship Independent of posts of (Mr. / Non- Appointme ent Cess s in all directorships members Chairperson / Independent nt ation Managers / in all hips in in Audit / Ms.) / Investment Managers / Audit / Stakeholder Independent Managers Investment Stakehold Committee(s) / Nominee) & of REIT / Managers of er in all InvIT and REIT / InvIT Committe Managers / listed and listed e(s) in all Investment entities, entities, Managers Managers of including including this / REIT / InvIT this Investment Investme and listed Investment Manager nt entities, Manager Managers including this of REIT / Investment InvIT and Manager listed (Refer entities, Regulation including 26G of InvIT this Regulations) Investme @ Manager (Refer Regulatio n 26G of InvIT Regulatio ns) @ Mr. Upendra Kumar AHSPS5192A Chairperson - 25/01/2022 25/01/2025 N.A 56 months 4 4 5 3 Sinha & 00010336 Independent 7 days Director Mr. Jayesh Ramniklal AAMPD4038P Independent 25/01/2022 25/01/2024 N.A 56 months 1 1 1 0 Desai & 00038123 Director 7 days Mr. Surinder Chawla ACRPC5613N Independent 20/05/2022 20/05/2025 N.A 52 months 1 1 1 0 & 09605209 Director 12 days Ms. Fereshte AQWPS3879H Independent 16/03/2023 16/03/2026 N.A 42 months 16 1 1 2 1 Dhunjishaw Sethna & 00284941 Director days Mr. Sandeep ACJPL6351L Non - 30/06/2022 N.A N.A N.A 1 0 1 0 Lakhanpal & 07171147 independent Director Ms. Helly Bharat Ajmera AJDPA5432C & Non - 07/11/2023 N.A N.A N.A 2 0 1 0 10240609 independent Director Mr. Raviraj Vipul AQPPA2059J & Non - 31/07/2024 N.A N.A N.A 1 0 0 0 Acharya 10707405 independent Director Whether Regular chairperson appointed – Yes Whether Chairperson is related to managing director or CEO – No $Since the PAN of the Directors would be visible on the website and hence the details with respect to the PAN of the Director have been masked in the report filed on the Stock Exchanges portal. Updated CGR Report with unmasked PAN details will be separately email to the Stock Exchanges. &Category of directors means non-independent/independent/Nominee. If a director fits into more than one category write all categories separating them with hyphen. *to be filled only for Independent Director. Tenure would mean total period from which independent director is serving on Board of directors of the investment manager in continuity without any cooling off period. @ While calculating the Committee positions of the Directors, listed companies, unlisted public companies and High Value Debt Listed Entities (HVDLE) have been considered including this Investment Manager. II. Composition of Committees Name of Committee Whether Regular chairperson Name of Committee Category Date of Appointment Date of Cessation appointed members (Chairperson/Non- Independent/Independe nt /Nominee) & 1. Audit Committee Yes Upendra Kumar Sinha Chairperson/ Independent July 11, 2022 N.A. Director Jayesh Ramniklal Desai Member/ Independent July 11, 2022 N.A. Director Fereshte Dhunjishaw Member/ Independent August 09, 2024 N.A. Sethna Director Sandeep Lakhanpal Member/ Non - February 27, 2026 N.A Independent Director 2. Nomination & Yes Surinder Chawla Chairperson/ Independent May 28, 2025 (appointed Remuneration Committee Director as a chairperson) July 11, N.A. 2022 (Initial date of appointment as member) Upendra Kumar Sinha Member/ Independent July 11, 2022 (Chairperson N.A Director and member) May 28, 2025 (Ceased to be chairperson and now only member) Fereshte Dhunjishaw Member/ Independent August 09, 2024 N.A. Sethna Director Jayesh Ramniklal Desai Member/ Independent May 28, 2025 N.A. Director Helly Bharat Ajmera Member/ Non- May 28, 2025 N.A. Independent Director Sandeep Lakhanpal Member/ Non- May 28, 2025 N.A. Independent Director 3. Risk Management Yes Jayesh Ramniklal Desai Chairperson/ Independent July 11, 2022 N.A. Committee Director Sandeep Lakhanpal Member/ Non- July 11, 2022 N.A. Independent Director Raviraj Vipul Acharya Member/ Non- July 31, 2024 N.A. Independent Director Helly Bharat Ajmera Member/ Non- November 07, 2023 N.A. Independent Director 4. Stakeholders Yes Fereshte Dhunjishaw Chairperson/ Independent June 08, 2023 N.A. Relationship Committee Sethna Director Surinder Chawla Member/ Independent July 11, 2022 N.A. Director Upendra Kumar Sinha Member/ Independent July 11, 2022 N.A. Director Helly Bharat Ajmera Member/ Non- August 09, 2024 N.A. Independent Director 5. Operations Committee Yes Jayesh Ramniklal Desai Chairperson/ Independent June 08, 2023 N.A. Director Sandeep Lakhanpal Member/ Non - June 08, 2023 N.A. Independent Director Raviraj Vipul Acharya Member/ Non - July 31, 2024 N.A. Independent Director Helly Bharat Ajmera Member/ Non - November 07, 2023 N.A. Independent Director 6. Investment Committee Yes Surinder Chawla Chairperson/ Independent June 08, 2023 N.A. Director Sandeep Lakhanpal Member/ Non - June 08, 2023 N.A. Independent Director Raviraj Vipul Acharya Member/ Non - July 31, 2024 N.A. Independent Director Helly Bharat Ajmera Member/ Non - November 07, 2023 N.A. Independent Director &Category of directors means non-independent/independent/Nominee. If a director fits into more than one category write all categories separating them with hyphen. III. Meetings of Board of Directors Date(s) of Meeting (if Date(s) of Meeting (if any) in Whether requirement of Number of Directors Number of Maximum gap between any any) in the previous the relevant quarter Quorum met* present* independent two consecutive meetings quarter directors present* (in number of days) April 18, 2026 - - - May 22, 2026 May 27, 2026 - August 14, 2026 Yes 6 4 79 days * to be filled in only for the current quarter meetings IV. Meetings of Committees Date(s) of meeting of Whether requirement of Number of Directors Number of independent Date(s) of meeting of Maximum gap between any the committee in the Quorum met present* directors present* the committee in the two conse [Showing first 8,000 characters — download PDF for full document]