Initial public offering of equity shares of Linjemontage i Grastorp AB, a first level step down material subsidiary of the Company ("LMG") - Exercise of over-allotment /green shoe option and end of stabilisation period

KPIL/26-27 24th October, 2026 BSE Limited National Stock Exchange of India Ltd. Corporate Relationship Department ‘Exchange Plaza’, C-1, Phiroze Jeejeebhoy Towers Block ‘G’, Bandra-Kurla Complex Dalal Street, Fort Bandra (E) Mumbai - 400 001 Mumbai – 400 051 Scrip Code: 522287 Scrip Code: KPIL Sub.: Initial public offering of equity shares of Linjemontage i Grästorp AB, a first level step down material subsidiary of the Company (“LMG”) - Exercise of over-allotment / green shoe option and end of stabilisation period Dear Sir / Madam, In accordance with Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”), as amended from time to time, and in furtherance to our earlier intimation(s) dated 09th September, 2026, 16th September, 2026 and 25th September, 2026 submitted to the stock exchanges, this is to further update that the over-allotment / green shoe option has been exercised corresponding to 1,877,911 shares. Consequently, the unexercised portion of the over- allotment / green shoe option, corresponding to 268,832 shares, will be returned to Kalpataru Power Transmission Sweden AB (“KPTS”), a wholly owned subsidiary of the Company. Pursuant thereto, shareholding of KPTS in LMG will stand at 66.45%, comprising 34,042,919 shares. We are enclosing herewith a copy of Press Release dated 23rd October, 2026 issued by LMG titled “Exercise of overallotment option and end of stabilisation period.” The above information was received by the Company from LMG on 23rd October, 2026 at about 10:38 p.m. IST. Kindly take the same on records. Thanking you, Yours faithfully, For Kalpataru Projects International Limited Shweta Girotra Company Secretary Encl.: As above Cor porate Office: Kalpataru Synergy, 7th Floor, Opp. Grand Hyatt, Santacruz (E), Mumbai - 400055. India | Tel: +91 22 3064 2100/+91 22 6885 1500 Registered Office: Plot No. 101, Part-III, G.I.D.C. Estate, Sector - 28, Gandhinagar - 382 028, Gujarat, India | Tel: +91 79 2321 4000 Email: info@kalpataruprojects.com | Website: www.kalpataruprojects.com | CIN: L40100GJ1981PLC004281 Press Release 23 October 2026 18:45:00 CEST NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION, DISTRIBUTION, OR RELEASE WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE SEE IMPORTANT INFORMATION AT THE END OF THIS PRESS RELEASE. Exercise of overallotment option and end of stabilisation period ABG Sundal Collier AB ("ABG"), in its capacity as Sole Global Coordinator and stabilisation manager, notifies that the overallotment option granted in connection with Linjemontage i Grästorp AB’s (publ) (“Linjemontage” or the “Company”) offering of existing shares in the Company and the listing of the Company's shares on Nasdaq Stockholm (the "Offering") has been partly exercised. A total of 1,877,911 shares were exercised of the overallotment option. The stabilisation period has now ended and no further stabilisation measures will be conducted. As announced in connection with the Offering, ABG had the option, acting as Sole Global Coordinator and stabilisation manager, to carry out transactions aimed at supporting the market price of the shares at levels above those which might otherwise have prevailed in the market. Stabilisation transactions could have been undertaken on Nasdaq Stockholm, in the over-the-counter market or otherwise, at any time during the period from the first day of trading in the Company's shares on Nasdaq Stockholm, 25 September 2026, and ending no later than 30 calendar days thereafter. However, ABG had no obligation to undertake any stabilisation measures. Transactions have not been conducted at a price higher than set out in the Offering, i.e. SEK 46. Kalpataru Power Transmission Sweden AB ("Kalpataru Sweden") granted ABG an over-allotment option which could have been utilised in whole or in part for 30 calendar days from the first day of trading of the Company's shares on Nasdaq Stockholm to be able to sell up to 2,146,743 additional existing shares in the Company corresponding to up to 15 percent of the total number of shares in the Offering to cover any over-allotment in connection with the Offering. ABG now notifies that the over-allotment option has been exercised corresponding to 1,877,911 shares. Thus, the remaining part of the over-allotment option that was not exercised, corresponding to 268,832 shares, will be returned to Kalpataru Sweden. The stabilisation period in the Offering has now ended and no further stabilisation transactions will be conducted. ABG announces, in its capacity as Sole Global Coordinator and stabilisation manager, that stabilisation measures have been undertaken in accordance with article 5(4) in the EU Market Abuse Regulation 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 as specified below. These stabilisation transactions were announced by the Company on 6 October 2026. The contact person at ABG is Erik Skog (tel: +46 8 566 29 471, e-mail: Erik.Skog@abgsc.se). Press Release 23 October 2026 18:45:00 CEST Stabilisation information: Issuer: Linjemontage i Grästorp AB (publ) Securities: Shares (ISIN: SE0030361606) Offering size: 14,311,620 shares Over-allotment option: 2,146,743 shares Offer price: 46 SEK Market: Nasdaq Stockholm Ticker: LMGAB Stabilisation manager: ABG Sundal Collier AB Stabilisation transactions: Quantity, Price Price Price (volume weighted Date Currency Trading venue shares (highest) (lowest) average) 25 September Nasdaq 2,500 46.00 46.00 46.00 SEK 2026 Stockholm 29 September Nasdaq 262,254 46.00 46.00 46.00 SEK 2026 Stockholm 30 September Nasdaq 4,078 46.00 46.00 46.00 SEK 2026 Stockholm For further information, please contact: Thomas Hendel, CFO, ir@linjemontage.se This information is information that Linjemontage is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information in this press release has been made public through the agency of the contact person set out above for publication at the time stated by the Company's news distributor MFN. About Linjemontage Linjemontage is a Swedish pure-play EPC provider within power infrastructure, enabling the modernisation and expansion of the electricity grid in Sweden and Norway. With over three decades of experience, the Company has established one of the leading positions in Sweden in terms of market share and profitability. Linjemontage is one of few EPC providers in Sweden focused exclusively on energy, delivering projects within substations and transmission and distribution networks across the full voltage range. Its customers include national transmission system operators such as Svenska kraftnät and Statnett, regional distribution companies such as Ellevio, Vattenfall Eldistribution and E.ON, and industrial customers such as Volvo and LKAB, as well as data centres. The Company is active in two principal areas of power infrastructure: substations, and transmission and distribution networks. Its portfolio spans both newbuild projects and refurbishment of existing assets. Linjemontage has extensive experience in designing and constructing substations up to 400 kV and believes it is among the few contractors that can deliver cable projects up to 400 kV. Typical substation and transmission projects range from approximately SEK 50 million to SEK 500 million, while larger transmission projects sometimes exceed SEK 500 million. Press Release 23 October 2026 18:45:00 CEST Founded in 1993, Linjemontage has gradually evolved from a regional grid services provider into a specialised Swedish EPC contractor operating in the electricity grid market in Sweden and Norway with strong high-voltage capabilities. The Company operates from 19 offices in Sweden, two in Norway and one i [Showing first 8,000 characters — download PDF for full document]