Nazara Technologies Limited informs the Exchange regarding Investor Presentation.

October 26, 2026 Listing Compliance Department Listing Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1. G Block, Dalal Street, Bandra -Kurla Complex, Bandra (East), Mumbai - 400 001. Mumbai- 400051. Scrip Code: 543280 Scrip Symbol: NAZARA Dear Sir/Madam, Subject: Intimation of Investor Presentation for the Quarter and Half-year ended September 30, 2026 Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, please find enclosed herewith the Investor Presentation for the quarter and half-year ended September 30, 2026. This is for your information and records. Thanking you, Yours faithfully, For Nazara Technologies Limited Arun Bhandari Company Secretary and Compliance Officer Encl. As above Q2FY27 & H1FY27 Results Building a Global Gaming Platform Q2FY27 at a Glance : EBITDA Grew by 93% to Reach INR 120 Crores in Q2FY27 All figures in INR Crores Consolidated Performance: Q2FY27 Consolidated Performance: H1FY27 • Revenue: 803 (+53% YoY) • Revenue: 1,232 (+20% YoY) • EBITDA: 120 (+93% YoY) • EBITDA: 166 (+52% YoY) • EBITDA Margin: 14.9% (+311 bps YoY) • EBITDA Margin: 13.5% (+281 bps YoY) Gaming Segment Performance: Q2FY27 Gaming Segment Performance: H1FY27 • Revenue: 656 (+122% YoY) and EBITDA: 141 (+114% YoY) • Revenue: 931 (+74% YoY) and EBITDA: 194 (+56% YoY) • Contributes to 82% in Revenue and 100% in EBITDA • Contributes to 76% in Revenue and 98% in EBITDA (before Corporate Costs) (before Corporate Costs) • Organic growth of 11% in Revenue and 17% in EBITDA • Organic growth of 12% in Revenue and 5% in EBITDA Balance Sheet Metrics: Sep-26 • Net Cash: 438 (vs. 624 in Mar-26) Bluetile Integration Bluetile delivering: For Aug–Sep, revenue grew 49% YoY and EBITDA grew 64% One platform: Four group CoEs are live across Marketing, Data, Product and Tech. The Marketing CoE produced 290+ AI-built creatives across three studios in one month. Note: Bluetile is consolidated into Nazara books from 1st August 2026 Nazara Gaming Platform: One Platform Powering Growth Across Gaming IPs Mobile PC & Console Offline Gaming IPs Games and audiences across segments Tech Capital and Marketing Data and AI Product AI dev Nazara platform M&A Central creative One data stack, Shared IEC frameworks, Shared capabilities Group capital production, UA AI analysts and prioritisation shared every game IP runs on allocation and and ASO dashboards across studios knowledge, acquisitions security Outcomes +122% 21.5% +17% Gaming, Q2FY27 vs gaming revenue growth, to 656 gaming EBITDA margin organic gaming EBITDA growth Q2FY26 Crores Platform Leadership: New Team in Place; Bluetile Integrated Leadership Changes Raymond A. Stauffer Mithun Sacheti Arun Agarwal RS Chief Executive Officer MS Executive Director2 AA Chief Financial Officer From 16-Sep-26 From 12-Oct-26 From 16-Oct-26 • Founder and former CEO of Bluetile and • Founder of CaratLane • Former Global CFO, Ness Digital BestPlay • Deep experience in entrepreneurship, Engineering • Former Trust & Safety Team Lead at consumer brands, digital commerce and • Former CFO, Mastek Google building scaled omnichannel businesses • Leads finance, process excellence and • Leads strategy, capital allocation and • Oversees strategic initiatives and strategic transformation operations operations Bluetile and BestPlay Integration Consolidated 5.8% shareholding Group-level CoEs From 01-Aug-26; two months in Bluetile leadership team has 5.8% Bluetile capabilities elevated to Q2FY27 ownership in Nazara group centers of Excellence 1. Founder and Managing Director Nitish Mittersainre-designated to Founder and Non-Executive Director from 12-Oct-26 2. Executive Director appointment subject to shareholder approval Platform Capabilities: Group CoEs Strengthened by Bluetile Leadership Marketing Data Product Tech Alex NC Judit Florin Alex Osou AN J F AO CoE head CoE head CoE head CoE head Creative production Data architecture Prioritisation AI game development Central ad creatives built with AI; One lean, future-proof data stack IEC matrix (impact, effort, AI frameworks and tools cut over 290creatives across three built for AI. Semantic layers confidence) shared across studios production timelines studios in one month improving AI performance Campaign operations AI Agent Marketplace Shared feature releases Shared knowledge Any CoE member can run Marketing, product, admonand High-impact, low-effort features Central know-how on campaigns for any studio, data analyst agents ready to built once, used by several performance, scaling and AI reducing FTE need deploy across departments studios App Store Optimisation AI-assisted analytics Greenlight process Security operations Automated ASO events with AI builds and fine-tunes Stage gates from prototype to Security run across Nazara and all continuous A/B testing dashboards soft launch to global, each with studios KPI thresholds One system, every studio: shared CoEs strengthen Nazara's ability to scale faster, as each new game or acquisition plugs into capabilities that already work AI Runs Through the Platform: Building, Marketing and Running Games Build games Scale games Optimising the business Tech & Product CoE In motion Marketing CoE In motion Data CoE In motion • AI development frameworks and • AI-powered ad creatives produced • AI marketplace plugins: AI analysts tools shorten game and feature centrally for every studio for marketing, product and ad production timelines monetisation • Automated ASO events with • Shared knowledge on performance, continuous A/B testing • AI-assisted analytics that build and scaling and AI across studios fine-tune dashboards In progress AI playtesting at scale Game AI scorecards Release gate Faster, safer launches Quality gate Agents play each build NPCs and agents scored No model, prompt or Aim: less manual QA AI eval harness that checks every to catch progression against expected balance change ships and fewer post-launch game build before release and balance bugs behaviour until it passes fixes In progress One data stack Semantic layers Connected AI agents Foundation Lean, flexible and future-proof Structured data that improves Agents linked to company and AI-ready data from the Data CoE architecture built for AI the accuracy of AI tools department data Where the Platform Plays: A $214B Market Across Segments and Geographies Large global market Diversified across segments Present across geographies $214B 82% North America Global games market, 2026E of Group revenue from gaming, Q2FY27 Market by platform, 2026E Gaming revenue by segment, Q2FY27 Mobile 84% Mobile $121.1B UK and Europe PC & Console 12% Console $46.9B India Offline 4% PC $45.9B Source: Newzoo Global Games Market Report, Aug-26 update (2026 projection, excludes hardware). Segment mix based on Q2FY27 gaming revenue 7 Platform in Action: Consolidated Q2FY27 EBITDA up 93% to INR 120 Crores Gaming1 Others Revenue: 656 (+122% YoY) Revenue: 147 EBITDA: 141 (+114% YoY) EBITDA: (0.3) EBITDA Margin: 21.5% EBITDA Margin: (0.2)% (All figures in INR Crores) Consolidated (pre-Corporate Costs) Revenue: 803 (+53% YoY) EBITDA: 141 (+86% YoY) Margin: 17.5% (+318 bps) Corporate Costs: (21) Consolidated Q2FY27: Revenue: 803 (+53% YoY) EBITDA: 120 (+93% YoY) Margin: 14.9% (+311 bps) 1. Bluetile business consolidated from 01-Aug-26 Gaming Mobile · PC & Console · Offline 82% 100% of Group revenue of Group EBITDA (pre-Corporate Costs) Revenue and EBITDA contribution in Q2FY27 Gaming: Existing Business EBITDA Grew by 17% in Q2FY27; Bluetile Added Further Scale All figures in INR Crores Revenue Bridge: Q2FY26 to Q2FY271 EBITDA Bridge: Q2FY26 to Q2FY27 +64 141 +329 656 +17% +11% Q2FY26 Gaming Bluetile Q2FY27 Q2FY26 Gaming Bluetile Q2FY27 Gaming organic + BP Gaming Gaming organic + BP Gaming 1. Bluetilebusiness consolidated from 01-Aug-26 Our Gaming Business [Showing first 8,000 characters — download PDF for full document]