General Updates

AFFLE/SE/2026-27 November 1, 2026 BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C-l, G Dalal Street, Mumbai 400 001 Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 Scrip Code: 542752 Symbol: AFFLE Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Further to our letter dated October 28, 2026, we wish to inform you that due to a material development in the Group, for which the intimation under Regulation 30 has been separately disclosed, the Company will not be holding Earnings Conference Call scheduled for Monday, November 02, 2026 at 10:00AM (IST). The Company in lieu of the Earnings call is releasing a Shareholders’ letter attached herewith. Further, the Company will be attending an in-person investors group meeting, hosted by Ambit Capital to address the announcement made for the execution of the definitive agreement with regards to the acquisition of Perion Network Ltd. by the Step down Subsidiary of the Company. The meeting will be held on Monday, November 2, 2026 at 04:30 PM (IST) in Mumbai. Investors / Shareholders / Analysts can join the above mentioned investors group meeting virtually through Zoom Webinar, details of which are as given below. The online attendees can email their queries at investor.relations@affle.com till 4:30 PM IST on November 2, 2026. Any Q&A session will be moderated by Ambit Capital and queries including questions received on email shall be taken up as per the time availability, after the queries of in-person attendees. Event Schedule: November 2, 2026 | Start Time: 4:30 PM (IST) Zoom Webinar: https://ambit-co.zoom.us/webinar/register/WN__fo5yjyJQni33TL_DRZZfQ Webinar ID: 960 5034 9641 Submitted for your information and records. Thanking You, Affle 3i Limited (Formerly known as Affle (India) Limited) Regd. Office | A47 Lower Ground Floor, Hauz Khas, Off Amar Bhawan, New Delhi-110016 Communication Office | 8th floor, Unitech Commercial Tower - 2, Sector - 45, Gurugram - 122003, Haryana (P)0124-4598749 (W) www.affle.com; CIN: L65990DL1994PLC408172 Yours Faithfully, For Affle 3i Limited (Formerly known as Affle (India) Limited) Parmita Choudhury Company Secretary & Compliance Officer Affle 3i Limited (Formerly known as Affle (India) Limited) Regd. Office | A47 Lower Ground Floor, Hauz Khas, Off Amar Bhawan, New Delhi-110016 Communication Office | 8th floor, Unitech Commercial Tower - 2, Sector - 45, Gurugram - 122003, Haryana (P) 0124-4598749 (W) www.affle.com; CIN: L65990DL1994PLC408172 Affle 3i Limited Consumer Intelligence Driven Global Technology Company Shareholders’ Letter Q2 & H1 FY2027 October 31, 2026 Our Mission Statement Driven by passion, innovation and entrepreneurial commitment, Afflers create sustainable value for stakeholders globally, through our consumer intelligence marketing platform for consumer acceptable ads, recommendations and conversions on connected devices. INTEGRATED CONSUMER INTELLIGENCE SOLUTIONS H1 FY2027 Highlights REVENUE EBITDA PAT ₹ 15.31 BN ₹ 3.49 BN ₹ 2.58 BN 20.8% 22.1% 19.5% Y-O-Y Y-O-Y Y-O-Y CPCU EBITDA PAT CONVERSIONS MARGIN MARGIN 252.85 MN 22.8% 16.4% Q2 FY2027 Highlights REVENUE EBITDA PAT ₹ 7.84 BN ₹ 1.81 BN ₹. 1.30 BN 21.2% 4.9% 24.2% 8.2% 17.4% 1.1% Y-O-Y Q-O-Q Y-O-Y Q-O-Q Y-O-Y Q-O-Q CPCU EBITDA PAT CONVERSIONS MARGIN MARGIN 128.93 MN 23.2% 16.2% Dear Shareholders, “Affle continued its established growth trajectory in H1 FY2027. We achieved our 15th consecutive quarter of sequential topline growth, while registering our highest-ever quarterly revenue run-rate, EBITDA, PAT and consumer conversions. This performance reflects the strength of our differentiated CPCU business Model in sustaining ROI for advertisers globally, despite prevailing geopolitical tensions, and regulatory and macroeconomic headwinds. As we progress towards our vision of 10X, we continue to advance on our ambition of building a globally scaled, AI-powered full funnel Consumer Platform Stack that delivers measurable value for advertisers through premium consumer conversions. Our focus remains on strengthening our competitive differentiation, deepening our presence across Developed and Emerging Markets, and expanding the capabilities of our platform across mobile, Connected TV and other Agentic/Autonomous Intelligent Connected Devices.” Anuj Khanna Sohum, Chairperson, MD and CEO In the letter below, we address the key questions that we think investors might have. Q1. How did Affle perform during Q2 and H1 FY2027? Our performance in H1 FY2027 underscores the continued strength and scalability of Affle’s business model, with performance for the first half surpassing H1 of the previous financial year. Q2 FY2027 marked our 15th consecutive quarter of sequential topline growth, with the business delivering its highest-ever quarterly revenue, EBITDA, profit after tax (PAT) and consumer conversions. During Q2 FY2027, on a consolidated basis, revenue stood at INR 7.84 billion, growing by 21.2% year-on-year and 4.9% sequentially; EBITDA grew by 24.2% year-on-year to INR 1.81 billion, with EBITDA margin expanding by 56 basis points year-on-year to 23.2%. Profit before tax from operations, excluding other income, stood at INR 1.40 billion, representing growth of 23.3% year-on-year, while PAT stood at INR 1.30 billion, growing by 17.4% year-on-year with 16.2% PAT Margin. For H1 FY2027, on a consolidated basis, revenue stood at INR 15.31 billion, representing growth of 20.8% year-on-year; EBITDA stood at INR 3.49 billion, registering a growth of 22.1% year-on-year, while PAT stood at INR 2.58 billion, growing by 19.5% year-on-year. This performance reflects the continued scale-up of our organic business across markets and our consistent execution against the growth opportunities ahead. Q2. What drove growth in our CPCU business? Affle’s differentiated Cost Per Converted User (“CPCU”) business model continued to deliver healthy growth during Q2 FY2027, with consumer conversions, on a consolidated basis, increasing by approximately 18.2% year- on-year to 128.93 million, while CPCU revenue grew by approximately 23.7% to INR 7.82 billion. CPCU rate improved to INR 60.6 during the quarter, supported by our continued focus on higher-lifetime-value (LTV) user conversions and higher CPCU contributing verticals. Increasing penetration across Developed Markets also contributed to improved CPCU rate. For H1, FY2027, on a consolidated basis, we delivered 252.85 million conversions at a CPCU rate of INR 60.4. CPCU revenue stood at INR 15.27 billion, growing by 22.0% year-on-year. Q3. Reasons for improved profitability and operating efficiency? Affle continued to strengthen its profitability during Q2 FY2027, supported by an improvement in data and inventory costs as well as overall disciplined cost management. On a consolidated basis, EBITDA grew by 24.2% year-on-year to INR 1.81 billion during Q2 FY2027, with EBITDA margins expanding by 56 basis points year-on- year and 72 basis points sequentially to 23.2%. This improvement was largely driven by favourable movement in inventory and data costs, supported by better AI-powered optimisation and the scalability of our cloud platform. Employee costs also increased at a more measured pace on both a year-on-year and sequential basis, as AI-led productivity gains continue to drive efficiencies across the organisation, which enables us to scale our business while keeping incremental workforce requirements relatively low. These benefits were partially offset by an 11.0% sequential increase in other expenses, largely on account of higher business promotion activities. Depreciation and amortisation expenses increased in line with Affle’s historical Q2 trend, reflecting the periodic capitalisation of technology development costs as projects move from work-in-progress to assets put to use. Affle follows a consistent four-yea [Showing first 8,000 characters — download PDF for full document]