Embassy Office Parks REIT has informed the Exchange regarding Credit rating Review on 16/10/2026

October 17, 2026 To, To, The Corporate Relations Department, The Corporate Relations Department, The National Stock Exchange of India Limited, Department of Corporate Services, Exchange Plaza, 5th Floor, BSE Limited, Plot No. C/1, G-Block, Bandra-Kurla Complex, 25th Floor, Phiroze Jeejeebhoy Towers, Bandra (East), Mumbai − 400051. Dalal Street, Mumbai − 400001. Re: Scrip Symbol "EMBASSY", Scrip Code 542602, Scrip Codes 975051, 976240, 976946, 977606, 977901 and 978208 (NCDs) and Scrip Codes 731343, 731468, 731469 and 732282 (CPs). Dear Sir/ Madam, Subject: Disclosure under Regulation 23(5) of the SEBI (Real Estate Investment Trusts) Regulations, 2014, in respect of Credit Rating letters received by Embassy Office Parks REIT. We wish to inform you that CARE Ratings Limited (“CARE”) has re-affirmed the credit rating of CARE AAA/ Stable for the non-convertible debentures issued / to be issued by Embassy Office Parks REIT (“Embassy REIT”), CARE A1+ for the commercial papers issued / to be issued by Embassy REIT and CARE AAA / Stable for the Corporate Credit Rating of Embassy REIT. Please see enclosed, as Annexure I, the details of the credit ratings and the rating letters issued by CARE as Annexure II. Thanking you, For and on behalf of Embassy Office Parks REIT acting through its Manager, Embassy Office Parks Management Services Private Limited Vinitha Menon Head - Company Secretary and Compliance Officer A25036 Encl: As above Embassy Office Parks Management Services Private Limited (acting as the Manager to Embassy Office Parks REIT) Registered Office: 12th Floor, Pinnacle Tower, Embassy One, 8, Bellary Road, Ganganagar, Bengaluru, Karnataka, India – 560 032 T: (080) 69354864 E: secretarial@embassyofficeparks.com CIN: U70100KA2014PTC073362 Website of Embassy Office Parks REIT: www.embassyofficeparks.com Annexure - I S. ISIN Name of the Credit Credit Outlook Rating action Specify Date of Verification Date of No. Rating Agency rating (Stable/ (New/ Upgrade/ other credit status of CRAs verification assigned Positive/ Downgrade/ rating rating (verified/ not Negative/ Reaffirm/ Other) action verified) No Outlook) 1. INE041007118 CARE Ratings Limited CARE AAA Stable Reaffirm NA 16-10-2026 Verified 16-10-2026 2. INE041007159 CARE Ratings Limited CARE AAA Stable Reaffirm NA 16-10-2026 Verified 16-10-2026 3. INE041007191 CARE Ratings Limited CARE AAA Stable Reaffirm NA 16-10-2026 Verified 16-10-2026 4. INE041007209 CARE Ratings Limited CARE AAA Stable Reaffirm NA 16-10-2026 Verified 16-10-2026 5. INE041007217 CARE Ratings Limited CARE AAA Stable Reaffirm NA 16-10-2026 Verified 16-10-2026 6. INE041007225 CARE Ratings Limited CARE AAA Stable Reaffirm NA 16-10-2026 Verified 16-10-2026 7. INE041014080 CARE Ratings Limited CARE A1+ - Reaffirm NA 16-10-2026 Verified 16-10-2026 8. INE041014098 CARE Ratings Limited CARE A1+ - Reaffirm NA 16-10-2026 Verified 16-10-2026 9. INE041014106 CARE Ratings Limited CARE A1+ - Reaffirm NA 16-10-2026 Verified 16-10-2026 10. INE041014114 CARE Ratings Limited CARE A1+ - Reaffirm NA 16-10-2026 Verified 16-10-2026 11. INE041025011 CARE Ratings Limited CARE AAA Stable Reaffirm NA 16-10-2026 Verified 16-10-2026 Embassy Office Parks Management Services Private Limited (acting as the Manager to Embassy Office Parks REIT) Registered Office: 12th Floor, Pinnacle Tower, Embassy One, 8, Bellary Road, Ganganagar, Bengaluru, Karnataka, India – 560 032 T: (080) 69354864 E: secretarial@embassyofficeparks.com CIN: U70100KA2014PTC073362 Website of Embassy Office Parks REIT: www.embassyofficeparks.com Annexure II No. CARE/PRO/RL/2026-27/1229 Shri Sudarsan Balasubramaniam EMBASSY OFFICE PARKS REIT Embassy One, Pinnacle Tower, 12th Floor, Bellary Road, Ganga Nagar, Bengaluru Karnataka 560032 October 16, 2026 Confidential Dear Sir, Credit rating for Non-Convertible Debenture issue On the basis of recent developments including operational and financial performance of your Trust for FY26 (Audited) and Q1FY27 (Un audited), our Rating Committee has reviewed the following ratings: Amount Sr. No. Instrument Rating1 Rating Action (₹ crore) CARE AAA; 1. Non Convertible Debentures 500.00 Reaffirmed Stable CARE AAA; 2. Non Convertible Debentures 500.00 Reaffirmed Stable CARE AAA; 3. Non Convertible Debentures 250.00 Reaffirmed Stable CARE AAA; 4. Non Convertible Debentures 250.00 Reaffirmed Stable CARE AAA; 5. Non Convertible Debentures 1,200.00 Reaffirmed Stable CARE AAA; 6. Non Convertible Debentures 800.00 Reaffirmed Stable 1,400.00 CARE AAA; 7. Non Convertible Debentures (Reduced from Reaffirmed Stable 1,500.00) 700.00 CARE AAA; 8. Non Convertible Debentures (Reduced from Reaffirmed Stable 1,000.00) CARE AAA; 9. Non Convertible Debentures 1,000.00 Reaffirmed Stable 1,000.00 CARE AAA; 10. Non Convertible Debentures (Reduced from Reaffirmed Stable 1,600.00) 1Complete definitions of the ratings assigned are available at www.careratings.com and in other CARE Ratings Ltd.’s publications. CARE Ratings Limited 9th Floor, Pride Kumar Senate, Plot No. 970, Corporate Office :4th Floor, Godrej Coliseum, Bhamburda, Senapati Bapat Road, Shivaji Nagar, Somaiya Hospital Road, Off Eastern Express Pune - 411016 Highway, Sion (E), Mumbai - 400 022 Phone: +91-20-4000 9000 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Page 1 of 4 2. The repayment schedule for NCDs is provided in Annexure-1 3. Please inform us the below-mentioned details of issue immediately, but not later than 7 days from the date of placing the instrument: Name and Issue Coupon contact Details Instrument Size Coupon Terms of Redemption ISIN Payment details of of top 10 type (Rs Rate Redemption date Dates Debenture investors Trustee 4. The rating report for the rating will be communicated to you separately. A write-up (press release) on the above rating is proposed to be issued to the press shortly, a draft of which is enclosed for your perusal as Annexure 2. We request you to peruse the annexed document and offer your comments if any. We are doing this as a matter of courtesy to our clients and with a view to ensure that no factual inaccuracies have inadvertently crept in. Kindly revert as early as possible. In any case, if we do not hear from you by October 21, 2026, we will proceed on the basis that you have no any comments to offer. 5. CARE Ratings Ltd. reserves the right to undertake a surveillance/review of the rating from time to time, based on circumstances warranting such review, subject to at least one such review/surveillance every year. 6. CARE Ratings Ltd. reserves the right to revise/reaffirm/withdraw the rating assigned as also revise the outlook, as a result of periodic review/surveillance, based on any event or information which in the opinion of CARE Ratings Ltd. warrants such an action. In the event of failure on the part of the entity to furnish such information, material or clarifications as may be required by CARE Ratings Ltd. so as to enable it to carry out continuous monitoring of the rating of the bank facilities, CARE Ratings Ltd. shall carry out the review on the basis of best available information throughout the life time of such bank facilities. In such cases the credit rating symbol shall be accompanied by “ISSUER NOT COOPERATING”. CARE Ratings Ltd. shall also be entitled to publicize/disseminate all the afore-mentioned rating actions in any manner considered appropriate by it, without reference to you. 7. Our ratings do not factor in any rating related trigger clauses as per the terms of the facility/instrument, which may involve acceleration of payments in case of rating downgrades. However, if any such clauses are introduced and if triggered, the ratings may see volatility and sharp downgrades. 8. Users of this rating may kindly refer our website www.careratings.com for latest update on the outstanding rating. 9. CARE Ratings Ltd. ratings are not recommendations to buy, sell, or hold any securities. If you need any clarification, you are welcome to appr [Showing first 8,000 characters — download PDF for full document]