Monitoring Agency Report

Date: October 31, 2026 To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1 Block G, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex Bandra (East), Dalal Street, Mumbai – 400 051 Mumbai - 400 001 Symbol: JNPR Scrip Code: 544853 Sub: Monitoring Agency Report for the quarter ended September 30, 2026 Dear Sir/ Madam, Pursuant to Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Regulation 41 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, we hereby submit the monitoring agency report issued by CARE Ratings Limited ("Monitoring Agency"), in respect of utilisation of proceeds of the Initial Public Offer of the Company, for the quarter ended September 30, 2026, as reviewed by the Audit Committee and Board of Directors of the Company at their respective meetings held on i.e October 30, 2026. The Monitoring Agency Report will also be hosted on the Company’s website at https://www.junipergreenenergy.com/. We request you to kindly take the same on record. Thanking You, For Juniper Green Energy Limited Prashant Pandia Company Secretary and Compliance Officer FCS 12077 Encl: as above Juniper Green Energy Limited (Formerly known as Juniper Green Energy Private Limited) Registered office: 1103A & 1103B, 11th Floor, Hemkunt Chamber, 89, Nehru Place, New Delhi- 110019 Corporate office: 3rd and 4th Floor, Building 4, Candor TechSpace, Sector 48, Gurugram – 122001, Haryana CIN: L40100DL2011PLC228318 Email: cs@junipergreenenergy.com; website: www.junipergreenenergy.com/ Tel +91-124 4739600, Fax +91-124 4739666 No. CARE/NRO/GEN/2026-27/1146 The Board of Directors Juniper Green Energy Limited 3rd and 4th floor, Buliding 4, Candor TechSpace Sector 48, Gurugram 122001 10/30/2026 Dear Sir/Ma’am, Monitoring Agency Report for the quarter ended 09/30/2026- in relation to the IPO issue of Juniper Green Energy Limited (“the Company”) We write in our capacity of Monitoring Agency for the Initial Public Offer Issue for the amount aggregating to Rs. 1,800.00 crore of the Company and refer to our duties cast under 41 of the Securities & Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations. In this connection, we are enclosing the Monitoring Agency Report for the quarter ended 09/30/2026 as per aforesaid SEBI Regulations and Monitoring Agency Agreement dated 07/21/2026. Request you to kindly take the same on records. Thanking you, Yours faithfully, Shailendra Singh Baghel Associate Director Shailendra.baghel@careedge.in CARE Ratings Limited 9th floor, C-001/A2, Berger Towers, Sector 16B, Noida, 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Gautam Budh Nagar, Uttar Pradesh -201301 Eastern Express Highway, Sion (East), Mumbai - 400 022 Phone: +91-120-4452000 Phone: +91-22-6754 3456 Email: care@careedge.in • www.careedge.in Report of the Monitoring Agency Name of the issuer: Juniper Green Energy Limited For quarter ended: 09/30/2026 Name of the Monitoring Agency: CARE Ratings Limited (a) Deviation from the objects: Nil (b) Range of Deviation: Not applicable Declaration: We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensation for its ratings and certain credit-related analyses. We confirm that there is no conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer, or while undertaking credit rating or other commercial transactions with the entity. We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, where applicable. There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the Issuer’s Management / Audit Committee of the Board of Directors subsequent to the MA submitting their report to the issuer and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA takes no responsibility for such comments of the issuer’s Management/Board. Signature: Name and designation of the Authorized Signatory: Shailendra Singh Baghel Designation of Authorized person/Signing Authority: Associate Director 1) Issuer Details: Name of the issuer : Juniper Green Energy Limited Name of the promoter : Mr. Arvind Tiku, Mr. Hemant Tikoo, Mrs. Niharika Tiku, AT Holdings Pte. Ltd. and Juniper Renewable Holdings Pte. Ltd. Industry/sector to which it belongs : Power Generation – Renewable Energy 2) Issue Details Issue Period : 07/30/2026 to 08/03/2026 Type of issue (public/rights) : Public Type of specified securities : Equity Share IPO Grading, if any : Not applicable Issue size (in crore) : Rs. 1,800 crores 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Comments Source of information / certifications Comments of the of the Particulars Reply considered by Monitoring Agency for Monitoring Agency Board of preparation of report Directors The proceeds from the IPO have been utilized as per the objectives specified in the offer document during the quarter ended September 30, 2026. During the quarter, reimbursement was taken from Whether all utilization is as per the disclosures in the Offer CA certificate, Management certificate Yes the public offer account for the offer expenses No comment Document? and Bank statement incurred initially from the current account. * The unutilized balance funds are parked in the FDs of scheduled commercial bank and the monitoring account in line with applicable regulations. Whether shareholder approval has been obtained in case No CA certificate and Management Not applicable No comment Comments Source of information / certifications Comments of the of the Particulars Reply considered by Monitoring Agency for Monitoring Agency Board of preparation of report Directors of material deviations# from expenditures disclosed in the certificate Offer Document? Whether the means of finance for the disclosed objects of CA certificate and Management No Not applicable No comment the issue have changed? certificate Is there any major deviation observed over the earlier Not applicable Not applicable Not applicable as this is the first MA report No comment monitoring agency reports? Whether all Government/statutory approvals related to Management certificate and offer Not applicable Not applicable No comment the object(s) have been obtained? document Whether all arrangements pertaining to technical Not applicable Management certificate Not applicable No comment assistance/collaboration are in operation? Are there any favorable/unfavorable events affecting the No Management certificate Not applicable No comment viability of these object(s)? Is there any other relevant information tha [Showing first 8,000 characters — download PDF for full document]