Press Release for the unaudited Financial Results for the quarter and half year ended September 30, 2026.

November 03, 2026 The Chief General Manager Listing Operations. BSE Limited P.J Towers, Dalal Street, Fort, Mumbai - 400001 Scrip Code: 539682 Subject : Press Release for the unaudited Financial Results for the quarter and half year ended September 30, 2026. Reference : Intimation under Regulation 30 of SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015. Dear Sir/Ma’am, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, please find enclosed herewith the Press Release dated November 03, 2026 of unaudited Financial Results for the quarter and half year ended September 30, 2026. This is also being made available on the Company’s website at www.mobavenue.ai. We request you to take this on record. For Mobavenue AI Tech Limited (formerly known as Lucent Industries Limited) Kunal Kothari Chairman & Chief Operating Officer DIN: 07111105 Encl:. a/a MEDIA RELEASE Mobavenue AI Tech Reports Strong Q2FY27; H1 Revenue at ₹149.6 Crore, Up 48.6% and EBITDA at ₹31.6 Crore, Up 59.6% EBITDA margin holds above 21% for a third straight quarter as H1 PAT rises 72.2% to ₹22.9 crore Mumbai, 03 November 2026: Mobavenue AI Tech Limited (BSE: 539682), a global AI-native advertising and consumer growth technology company, today announced its consolidated results for the second quarter and half year ended 30th September 2026. For the first half (H1) of FY27, revenue grew from ₹100.7 cr to ₹149.6 cr, up 48.6%; EBITDA rose 59.6%, from ₹19.8 cr to ₹31.6 cr; and profit after tax increased 72.2%, from ₹13.3 cr to ₹22.9 cr. EBITDA margin for the half expanded 140 bps to 21.1%, while PAT margin improved 210 bps to 15.3%, as the Company continued to scale profitably on the back of its asset-light, outcome-based model. In Q2FY27, revenue from operations rose 41.3% year-on-year from ₹54.3 cr to ₹76.7 cr; EBITDA grew 47.3% from ₹11.0 cr to ₹16.2 cr, with a margin of 21.1%; and profit after tax increased 54.8% from ₹7.3 cr to ₹11.3 cr. Consolidated Financial Performance Particulars (₹ in crore) Q2FY27 Q2FY26 Y-o-Y H1FY27 H1FY26 Y-o-Y Revenue from Operations 76.7 54.3 41.3% 149.6 100.7 48.6% EBITDA 16.2 11.0 47.3% 31.6 19.8 59.6% EBITDA Margin (%) 21.1% 20.3% 80 bps 21.1% 19.7% 140 bps Profit Before Tax 15.5 10.3 50.5% 31.0 18.7 65.8% Profit After Tax 11.3 7.3 54.8% 22.9 13.3 72.2% PAT Margin (%) 14.7% 13.4% 130 bps 15.3% 13.2% 210 bps All figures are unaudited and consolidated. Y-o-Y growth for margins is shown in basis points (bps). Growth was led by strong demand from direct advertisers in quick commerce, BFSI, fintech, superapp, entertainment, travel and commerce, alongside new client wins. Direct clients contributed 64.7% of Q2 revenue and 65.0% of H1FY27. Geographic diversification continued to deepen. International markets contributed 23.8% of Q2 revenue, up from 20.7% in Q1FY27, taking the international share for H1FY27 to 22.3%, with India contributing 77.7%. Commenting on the results, Ishank Joshi, Founder, MD & CEO, Mobavenue AI Tech Limited, said, “Q2FY27 extended the growth momentum we have been building. Revenue grew 41%, EBITDA 47% and PAT 55% y-o-y, with EBITDA margins holding above 20%. In the first half, revenue grew by nearly 49% and profit by more than 72%, reflecting our continued focus on profitable scale. While the quality of growth remains important, we are also focused on improving the value we deliver through every outcome. We are earning about 10% more for every outcome than we did a year ago. International markets now contribute 23.8% of our revenue in Q2FY27, up from 12.3% in the same quarter last year, as we serve clients across 13 countries. With Singapore as our Southeast Asia hub, we continue expanding our teams across emerging and developed markets, including the United States, while strengthening our technology GCC (Global Capability Center) in India to support growth. As we build Mobavenue into a global AI-native advertising and consumer growth platform, our priorities remain clear: profitable growth, disciplined execution and long-term value creation for our shareholders, clients and partners.” Operating Scale • Outcomes: approximately 15 mn consumer outcomes such as installs, purchases and sign-ups delivered in Q2, up 52.3% y-o-y • Revenue Per Outcome: up 10.4% y-o-y, showing the Company is earning more for every outcome it delivers, not simply delivering more of them • Platform: approximately 1.4 bn signals processed daily, with bid decisions made in under 15 milliseconds • Reach: approximately 2.7 bn devices worldwide, serving 170 brands across 13 countries with a team of 200+ Business and Strategic Highlights • Global expansion: Business presence now spans 13 countries. The Singapore office is operating as the Company’s regional hub for Southeast Asia, with business already underway in the Philippines, Indonesia and Thailand. • United States leadership: Eric Lind was appointed Country Head for the United States, bringing over 20 years of experience in AdTech and consumer growth. • PiiX: The Company’s AI-powered Apple Ads platform has been live since its launch, with new capabilities in keyword and competitor intelligence, AI-driven bid optimisation and Custom Product Page intelligence. • Mobavenue Neural Engine: The Company’s platforms are increasingly connected through a shared AI intelligence layer, helping clients drive measurable business outcomes across the A3 framework: Awareness, Acquisition and Activation. • Industry recognition: Recognised as Best DSP of the Year, India (Agency Reporter); for Outstanding Achievement in AI-Powered Programmatic Excellence (Adgully); and for Best AI-Driven Media Strategy and Optimisation (e4m). The Company also partnered with the App Growth Summit in San Francisco. • Merger of wholly owned subsidiary: Initiated the merger of the Company’s wholly owned Indian subsidiary into Mobavenue AI Tech Limited, consolidating Indian operations under a single entity to simplify the corporate structure and improve operational efficiency, subject to requisite approvals. About Mobavenue AI Tech Limited Mobavenue AI Tech Limited (BSE: 539682 | ISIN: INE622Q01019) is a global AI-powered AdTech and consumer growth company that enables businesses, enterprises, publishers and large global agencies to connect with high-intent consumers and drive measurable outcomes across the full customer journey. Its proprietary A3 framework, spanning Awareness, Acquisition and Activation, delivers a full-funnel, outcome-led approach to digital growth. Headquartered in Mumbai with a growing presence across Southeast Asia, MENA, LATAM, the UK and the US, Mobavenue works with 170 brands across quick commerce, BFSI, fintech, superapp, entertainment, travel and commerce, from publicly listed enterprises to some of the fastest-growing digital businesses in the market. At its core is the GMP 360 stack, a unified platform that integrates data, AI-led decisioning and programmatic execution across mobile, video, Connected TV, web, OEM and DOOH, enabling real-time intelligence and consistent outcomes at scale For more information, please visit: https://www.mobavenue.ai/ Email: pr@mobavenue.com