Intimation of Memorandum of Understanding

Date: 19th October, 2026 The Manager, Corporate Relationship Department, BSE Ltd., P. J. Tower, Dalal Street, Fort, Mumbai Scrip Code No.: 526251 Subject: Submission of Memorandum of Understanding for Proposed Strategic Association and Funding Arrangement with Cher Lifestyle Private Limited Dear Sir/Madam, We wish to inform you that Mideast Portfolio Management Limited (“the Company”) has entered into a Memorandum of Understanding (MOU) dated 19th October, 2026 with Cher Lifestyle Private Limited to explore a proposed strategic association for business expansion and funding. Under the MOU, the parties intend to evaluate a proposed funding arrangement of up to ₹5 Crore for establishing three additional branches of Cher Lifestyle Private Limited in different cities. The proposed arrangement may involve equity investment, debt funding, convertible instruments or a combination thereof, subject to due diligence, financial feasibility, requisite corporate and regulatory approvals, and execution of definitive agreements. The MOU also provides for consideration of strategic guidance, business development support and possible board representation, subject to mutual agreement and applicable laws. We wish to clarify that the MOU records the preliminary understanding between the parties and does not constitute an unconditional commitment by the Company to provide or arrange the proposed funding. The transaction shall be undertaken only upon completion of due diligence, receipt of necessary approvals and execution of definitive agreements. We are submitting the MOU for your information and records. The Company shall make further disclosures, if any, as and when required under the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Thanking you, Sincerely Yours, For Mid East Portfolio Management Limited BRIJESH DEVRAJBHAI PATEL Director DIN: 02425903