Statement of deviation(s) or variation(s) under Reg. 32

Pace Digitek Limited (Formerly Known as Pace Digitek Private Limited and Pace Digitek Infra Private Limited) Regd. Office: Plot No. V-12, Industrial Estate, Kumbalgodu, Mysore Highway, Bangalore - 560 074. T : +91 80 29547792 / 94 / 95 / 96. E : info@pacedigitek.com w : www.pacedigitek.com CIN-L31909KA2007PLC041949 Ref No: PDL/2026-27/Q03_14 Date: October 31, 2026 BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street, Fort Bandra Kurla Complex, Bandra (E) Mumbai – 400001 Mumbai – 400051 Scrip Code – 544550 Symbol – PACEDIGITK Dear Sir/Madam, Sub: Statement of Deviation or Variation in the use of proceeds of Initial Public Offer (IPO) Pursuant to Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements), Regulation 2015 read with SEBI Circular No. CIR/CFD/CMDI/162/2019 dated December 24, 2019, we hereby confirm that there is no deviation or variation in the utilization of proceeds of the Initial Public Offer (IPO) from the objects stated in the Prospectus dated September 30, 2025 for the quarter ended September 30, 2026. A Statement of Deviation or Variation duly reviewed and approved by the Audit Committee dated October 31, 2026, is attached herewith. We hereby request you to take note of the same. Thanking You, For PACE DIGITEK LIMITED [Formerly known as Pace Digitek Private Limited] Meghana M P Company Secretary and Compliance Officer Membership No: A42534 Add: Plot No. V-12, Industrial Estate, Kumbalgodu, Mysore Highway, Bangalore - 560 074. Pace Digitek Limited (Formerly Known as Pace Digitek Private Limited and Pace Digitek Infra Private Limited) Regd. Office: Plot No. V-12, Industrial Estate, Kumbalgodu, Mysore Highway, Bangalore - 560 074. T : +91 80 29547792 / 94 / 95 / 96. E : info@pacedigitek.com w : www.pacedigitek.com CIN-L31909KA2007PLC041949 STATEMENT OF DEVIATION OR VARIATION IN UTILIZATION OF FUNDS RAISED THROUGH INITIAL PUBLIC OFFER (IPO): Name of Listed Entity Pace Digitek Limited Mode of Fund Raising Public Issue i.e. Initial Public Offer (IPO) Date of Raising Funds October 01, 2025 Amount (in Particulars crores) Issue Size 819.14 Amount Raised Expenses incurred related to IPO 73.31 issue Net Proceeds available for 745.83 utilization Report filed for Quarter Ended September 30, 2026 Monitoring Agency Applicable Monitoring Agency Name, if applicable Crisil Ratings Limited If there is Deviation/Variation in use of funds raised No If yes whether the same is pursuant to change in terms of contract or objects, which was approved by Not Applicable Shareholders If yes, Date of Shareholders Approval Not Applicable Explanation of Deviation/Variation Not Applicable Comment of Audit Committee after review Not Applicable Comments of the auditors, if any Not Applicable Objects for which funds have been raised in the IPO and details of deviation, if any, in the following table: Funds utilized (Rs. in crores) Modified Amount of Modifie Original As at During At the Allocation Deviation/Variatio Original d Allocatio beginnin the end of Remarks , if any n for Quarter Object Object, n (Rs. in g of the quarte the , if any (Rs. in according to if any crores) quarter r quarte crores) applicable object Funding company's Capital Expenditure requirement NA 630.00 0 486.04 142.51 628.56 0 NA s for investment in our Subsidiary, Pace Digitek Limited (Formerly Known as Pace Digitek Private Limited and Pace Digitek Infra Private Limited) Regd. Office: Plot No. V-12, Industrial Estate, Kumbalgodu, Mysore Highway, Bangalore - 560 074. T : +91 80 29547792 / 94 / 95 / 96. E : info@pacedigitek.com w : www.pacedigitek.com CIN-L31909KA2007PLC041949 Pace Renewable Energies Private Limited, for setting up battery energy storage systems for a project awarded by Maharashtr a State Electricity Distribution Company Limited General 114.96 - 114.96 Corporate NA 115.83 0 0 NA Purpose Issue 71.24 12.8 71.37 NA 73.31 0 0 NA Expenses TOTAL NA 819.14 0 672.24 142.64 814.89 0 NA Deviation or variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised, or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed, or (c) Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer, etc. Thanking you, For PACE DIGITEK LIMITED [Formerly known as Pace Digitek Private Limited] Rajavendhan P Chief Financial Officer Date: October 31, 2026 Place: Bengaluru