Conversion

June 18, 2026 The Manager Dept of Corporate Services (CRD) Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai - 400 051 Mumbai - 400 001 NSE Scrip Symbol: FMNL BSE Code: 533296 Sub.: Intimation regarding lapse of warrants and forfeiture of upfront payment Dear Sir/ Madam, Pursuant to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in continuation to our earlier intimations regarding the allotment of warrants, we hereby inform you that the Company had allotted 2,94,00,000 warrants on December 18, 2024 on a preferential basis, entitling the warrant holders to apply for and be allotted equivalent number of equity shares of the Company within a period of 18 months from the date of allotment i.e. December 18, 2024. The last date for exercising the option for conversion of warrants into equity shares was June 17, 2026. Since the allottees as enlisted in the attached Annexure -1 have not exercised the option of conversion within the stipulated period, the said warrants have lapsed with effect from June 18, 2026. Accordingly, in terms of SEBI (Issue of Capital and Disclosure Requirement) Regulations, 2018, the upfront amount of INR 6.52 Crores i.e. 25% of the issue price received at the time of allotment of such number of warrants lapsed stands forfeited by the Company. You are requested to kindly take the same on record. Thanking you, Yours faithfully, For and on behalf of Future Market Networks Limited Anil Cherian Head – Legal and Company Secretary Encl: As above Future Market Networks Limited Registered Office: 2nd Floor, Knowledge House, Off. Shyam Nagar, Jogeshwari Vikhroli Link Road, Jogeshwari (East), Mumbai - 400 060 Tel.: +91 7498185713 ● Email info.fmnl@futuregroup.in ● Website: www.fmn.co.in Annexure - 1 The persons as enlisted below did not exercise or partly opted the conversion option of pending warrants within 18 months period from the date of the allotment i.e. on or before June 17, 2026. The 25% amount received on the said convertible warrants have been forfeited. Name of the Category of Issue Date of Number of Number of Number of Date on which Amount Reason for Lapse Allottee Allottee Price Per Allotment Warrants Warrants Warrants the conversion forfeited Warrant of Warrants Allotted Converted Lapsed period expired. (INR in (INR) Crores) Surplus Finvest Promoter 11.21/- 18.12.2024 95,00,000 61,18,574 33,81,426 June 17, 2026 0.94 failure of the warrant holder(s) Private Limited to pay the balance 75% subscription amount within 18 Jurox months from allotment (or Enterprises Non-Promoter 11.21/- 18.12.2024 1,99,00,000 None 1,99,00,000 June 17, 2026 5.58 such period prescribed under Private Limited applicable SEBI ICDR Regulations). Total 2,32,81,426 6.52 i. We hereby confirm that the 2,32,81,426 warrants stand cancelled and no equity shares will be allotted against such warrants. ii. The lapse and forfeiture are in accordance with the applicable provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the terms of issue approved by shareholders. Thanking you, Yours faithfully, For and on behalf of Future Market Networks Limited Anil Cherian Head - Legal and Company Secretary Future Market Networks Limited Registered Of(cid:222)ce: 2nd Floor, Knowledge House, Off. Shyam Nagar, Jogeshwari Vikhroli Link Road, Jogeshwari (East), Mumbai - 400 060 Tel.: +91 7498185713 ● Email info.fmnl@futuregroup.in ● Website: www.fmn.co.in