Committee Meeting Updates

28th October, 2026 BSE Limited National Stock Exchange of India Limited Corporate Services Department Corporate Communications Department Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400001 Bandra (East), Mumbai - 400051 BSE Scrip Code: 512455 NSE Symbol: LLOYDSME Sub: Outcome of Committee of Board of Directors Meeting held on 28th October, 2026 Dear Sir / Madam, In compliance with Regulation 30 and 51 of the Securities and Exchange Board of India (“SEBI”) (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) and in furtherance to our disclosure dated 14th October, 2026, regarding the Outcome of the Meeting of Board of Directors of Lloyds Metals and Energy Limited (“the Company”/ “LMEL”) approving Raising of Funds through Issuance of USD-Denominated Notes and/or Other Debt Securities in one or more tranches, we would hereby like to inform that the Committee of Board of Directors (“Committee”) at its meeting held today, i.e. Wednesday, 28th October, 2026 approved the pricing, tenure and other terms and conditions of United States Dollar (“USD”) denominated Senior, Secured, Floating rate bonds (“Notes”) to be issued by the Company for an aggregate principal amount of up to USD 130 Million (United States Dollar One Hundred and Thirty Million Only) under Regulation S under the United States Securities Act of 1933 and subject to receipt of all applicable regulatory and statutory approvals. The details required pursuant to Regulation 30 of the Listing Regulations read with Clause A(2)(2.1) of Annexure 18 of SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 (“Disclosure Circular”), are set out under Annexure - A. The Board Meeting commenced at 05:30 P.M. (IST) and concluded at 05:45 P.M. (IST) The same will also be available on the Company’s Website at www.lloyds.in. The same may please be taken on record and suitably disseminated to all concerned. Thanking you. Yours faithfully. For Lloyds Metals and Energy Limited Akshay Vora Company Secretary Encl.: as above Annexure - A The details as required under Regulation 30 of the Listing Regulations read with Clause A(2)(2.1) of Annexure 18 of the Disclosure Circular Sr. Particulars Details 1. Type of securities proposed to be issued Senior Secured Notes (viz. equity shares, convertibles etc.) 2. Type of issuance (further public offering, Private Placement under Reg S under the U.S. rights issue, depository receipts Securities Act of 1933 (ADR/GDR), qualified institutions placement, preferential allotment etc.) 3. Total number of securities proposed to be Total Number of Securities to be issue: 1300 issued or the total amount for which the securities will be issued (approximately) Total amount for which the securities will be issued: USD 130 Million (United States Dollar One Hundred and Thirty Million Only) 4. Size of the issue Aggregate amount not exceeding USD 130 Million (United States Dollar One Hundred and Thirty Million Only) 5. Whether proposed to be listed? If yes, No, Senior Secured Notes will be unlisted name of the stock exchange(s) 6. Tenure of the instrument - date of Tenure of instrument: 3 Years allotment and date of maturity Date of Allotment: 29th October 2026 Date of Maturity: 29th October 2029 7. Coupon/interest offered, schedule of Coupon/interest: SOFR + 450 bps payment of coupon/interest and principal Schedule of payment of coupon/interest: Quarterly Schedule of payment of Principal: Bullet 8. Charge/security, if any, created over the 1. First ranking share pledge over 49% of the assets shares in Virtus Lloyds granted by Lloyds Global Resources FZCO (“LGRF”), shared on a pari passu basis with other secured indebtedness. 2. First ranking assignment over LGRF's rights and all proceeds under the LGRF loan documents, shared on a pari passu basis with other secured indebtedness. 3. Second ranking pari passu charge by way of hypothecation over the movable fixed assets of the BHQ Plant, shared with other secured indebtedness. Sr. Particulars Details 9. Special right/interest/privileges attached to Not Applicable the instrument and changes thereof 10. Delay in payment of interest / principal Not Applicable amount for a period of more than three months from the due date or default in payment of interest / principal 11. Details of any letter or comments Not Applicable regarding payment/non-payment of interest, principal on due dates, or any other matter concerning the security and /or the assets along with its comments thereon, if any 12. Details of redemption of preference shares Not Applicable indicating the manner of redemption (whether out of profits or out of fresh issue) and debentures ****