Publication of recommendation of Independent Directors Committee held on November 02, 2026.

Date: November 03, 2026 To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1 Block G, 25th Floor, Bandra Kurla Complex Phiroze Jeejeebhoy Towers, Bandra [E], Dalal Street, Fort, Mumbai – 400051 Mumbai - 400 001 NSE Scrip Symbol: KRONOX BSE Scrip Code: 544187 Sub.: Open o(cid:431)er for the acquisition of up to 95,70,000 (ninety five lakhs seventy thousand) fully paid-up equity shares of face value of ₹10.00 (Indian Rupees Ten only) each (the “Equity Shares”) of Kronox Lab Sciences Limited (the “Target Company”), representing 25.79% (twenty five point seven nine per cent) of the voting share capital, from the public shareholders of the Target Company, by Indo Borax and Chemicals Limited (the “Acquirer”) together with Zenrock Chemicals Private Limited (“PAC”), in its capacity as person acting in concert with the Acquirer for the purposes of this open o(cid:431)er pursuant to and in compliance with the requirements of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (the “SEBI (SAST) Regulations”) (the “Open O(cid:431)er” or “O(cid:431)er”). Dear Sirs, 1. Please see enclosed the recommendations of the committee of the independent directors of the board of the Target Company in accordance with Regulation 26(7) of the SEBI (SAST) Regulations in relation to the captioned O(cid:431)er. The O(cid:431)er is being made by the Acquirer and the PAC in compliance with Regulation 3(1) and Regulation 4 of the SEBI (SAST) Regulations. 2. In terms of Regulation 26(7) of the SEBI (SAST) Regulations, the recommendations of the committee of the independent directors dated November 02, 2026 in relation to the Open O(cid:431)er was published, on November 03, 2026, in the following newspapers: Newspaper Language Editions Financial Express English All Editions Jansatta Hindi All Editions Navshakti Marathi Mumbai^ Loksatta – Jansatta Gujarati Vadodara* Thanking You, Yours faithfully, For Kronox Lab Sciences Limited Name: Nikhil Goswami Designation: Compliance O(cid:431)icer Encl.: As above marathi.freepressjournal.in à˶j H$ãOm gyMZm ~g§V A°J«mo Q>oH$ (B§.) {b. Zm|. H$m¶m©b¶ … ßbm°Q> H«$. 13/2, H$m¡bIoS>, Eg. 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