Press Release

October 26, 2026 National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, C – 1, Block G Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra (E), Dalal Street, Mumbai-400 051 Mumbai 400 001 Symbol: ACEVECTOR Scrip Code: 544962 Subject: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Reference: Unaudited (Standalone and Consolidated) Financial Results for the quarter ended 30th June, 2026 and quarter and half year ended on 30th September, 2026 Dear Sir/Madam, Greetings from AceVector Limited (“the Company”). Pursuant to Regulation 30 of SEBI Listing Regulations, as amended from time to time, we are enclosing herewith the Press Release for the Unaudited (Standalone and Consolidated) Financial Results for the quarter ended 30th June, 2026 and half year and quarter ended on 30th September, 2026. The same is available on the website of the Company at https:/www.acevector.com/results Please take the aforementioned information in your record and oblige. Thanking you, For AceVector Limited Kunal Bahl Joint Managing Director DIN: 01761033 AceVector revenue grows 17% to ₹285.5 crore in H1 FY27; Snapdeal launches AI Solutions Suite for customers, sellers and creators Snapdeal’s fashion NMV grows 31% Y-oY, reflecting strong momentum in value fashion Snapdeal’s annual transacting customers increase 12% to 130.8 lakhs in H1 FY27; app-delivered units grow 23% Unicommerce reports 15% revenue growth in H1 FY27 New Delhi, October 26, 2026: AceVector Limited (BSE: 544962; NSE: ACEVECTOR) today announced its unaudited financial results for the quarter ended June 30, 2026, quarter and half year ended September 30, 2026. AceVector’s two primary businesses address complementary opportunities across the e-commerce value chain. Snapdeal, a business housed within AceVector, connects aspirational consumers with trendy, affordable fashion, while Unicommerce, a subsidiary of AceVector, provides technology infrastructure that helps brands, retailers and businesses streamline commerce operations, improve fulfilment and scale efficiently. Key Financial Highlights for H1 FY27 ● Consolidated revenue grew 17% year-on-year to ₹285.5 crore, supported by growth across Snapdeal and Unicommerce. There is a shift in the festive season timings this year impacting the festive buying, which is concentrated in Q3 FY27 this year, compared with Q2 FY26 last year. ● Consolidated Adjusted EBITDA loss stood at ₹26.9 crore. This reflected higher marketing investments in preparation of the festive season and temporary logistics cost pressures at Snapdeal due to macroeconomic factors, alongside investments in Unicommerce to support long-term growth. ● Snapdeal’s revenue grew 15% year-on-year to ₹164.4 crore. ● Unicommerce’s revenue grew 15% year-on-year to ₹110.4 crore, compared with ₹96.3 crore in H1 FY26. Snapdeal: Building momentum in value fashion and customer engagement Snapdeal continues to strengthen its position as a trendy, value-fashion destination for India’s aspirational shoppers Democratising Trendy Fashion for a Billion Indians. Its approach is anchored in three key pillars: ● Trendy value fashion for young fashionistas: Snapdeal caters to fashion-conscious shoppers, particularly Gen Z, by making the latest trends accessible without the premium price tag. The platform focuses on trend curation, quality management and value pricing, with products primarily in the ₹300–₹800 range. With 95 lakh fashion listings and year-on-year listing growth of 91% in H1 FY27, fashion accounted for 68.4% of Snapdeal’s net merchandise value (NMV). ● AI-powered fashion discovery and shopping: Snapdeal is leveraging AI to make fashion discovery more intuitive and engaging through personalised storefronts, visual and conversational search, and AI-powered customer support and sales assistance. These capabilities influence 81.7% of orders on the platform, with customers browsing approximately 20 products on average per app order. AI tools also empower sellers through faster catalogue creation and growth analytics. ● Creator-led social discovery: Snapdeal’s creator network, SlayClan, brings fashion trends to life through relatable, regional and micro-occasion-led content at scale. With more than 15 crore monthly video views and 1.1 crore followers across social media handles, the creator ecosystem inspires shoppers, introduces emerging trends and helps consumers discover relevant products. Snapdeal’s recent partnership with YouTube Shopping marks another step towards translating this social engagement into commerce. ● Zero-commission Model: Our zero-commission model helps sellers, including smaller manufacturers and regional businesses, offer trendy fashion at more competitive prices. By eliminating commission on sales, it gives sellers greater pricing flexibility and room to experiment with trends, while bringing customers wider choice and better value. Key operational highlights ● Launched a suite of AI-led solutions across fashion discovery, personalised recommendations, conversational and visual search, customer support, delivery optimisation, seller enablement and creator performance monitoring to enable a more intuitive, personalised and efficient fashion commerce experience. These include StyleMatch AI, Snap&Shop, Conversational Search, PinPoint AI, Retina AI, Siya AI and SnapList AI. ● Fashion NMV grew 31% year-on-year to ₹407.6 crore, significantly outpacing overall NMV growth and reflecting the platform’s sharper focus on value fashion. ● Fashion’s share of total NMV rose from 57.1% to 68.4%, reflecting growing demand for fashion and a shift in the platform’s category mix. ● Fashion listings increased by over 91% year-on-year, from 50 lakhs in H1 FY26 to 95 lakhs in H1 FY27, significantly expanding the assortment available to customers. ● 65% of the new customers added in H1 FY27 were GenZ (aged 28 and below) ● Annual transacting customers increased 12% to 130.8 lakhs, signaling a steady increase in the customer base. ● Order frequency rose 11% to 4.1 times annually, indicating stronger customer engagement and repeat purchasing. ● App-delivered units grew 23% year-on-year to 133.6 lakhs, with the app’s share of delivered units increasing from 84% in H1 FY26 to 89% in H1 FY27. ● Overall delivered units increased 16% to 150.5 lakhs. Snapdeal’s H1 FY27 performance reflects the growing contribution of fashion to its business and its continued focus on making trend-led shopping more accessible to value-conscious consumers. The platform is expanding its fashion assortment while investing in AI-led discovery, app adoption, customer acquisition and repeat engagement to build a more relevant and engaging shopping experience. Unicommerce: Sustaining double-digit growth through product innovation and client expansion Unicommerce continued to deliver double-digit revenue growth in H1 FY27, supported by enterprise client acquisition, deeper engagement with existing customers and the expansion of its product portfolio. Key operational highlights ● Added 121 enterprise clients in Q2 FY27, compared with 103 in Q2 FY26, with new wins across categories including United Colors of Benetton, Furlenco and Nish Hair. ● Uniware and Shipway sustained double-digit revenue growth in H1 FY27, reflecting continued client acquisition and deeper engagement with existing customers. ● Expanded adoption of newer product offerings: UniReco and UniCapture together were used by more than 150 clients during Q2 FY27, creating additional opportunities for cross-selling and revenue growth. ● Advanced AI-led product innovation with the launch of DNA, an AI extension to Uniware designed to identify operational signals and anomalies, support faster decision-making and enable automated corrective actions. ● Strengthened synergies between Uniware and Shipway, with approximately 20–25% of Shipway’s volumes originating from Uniware clients. U [Showing first 8,000 characters — download PDF for full document]