Press Release

Date: November 03, 2026 To, To, National Stock Exchange of India Limited (“NSE”) BSE Limited (“BSE”) Listing Department Listing Department Exchange Plaza, C-1 Block G, Bandra Kurla Corporate Relationship Department Complex Bandra [E], Phiroze Jeejeebhoy Towers, Mumbai – 400051 Dalal Street, Fort, Mumbai – 400001 NSE Scrip Symbol: AWFIS BSE Scrip Code: 544181 ISIN: INE108V01019 ISIN: INE108V01019 Subject: Press Release for w.r.t Unaudited (Standalone & Consolidated) Financial results (“UFRs”) for the quarter and half year ended September 30, 2026 Dear Sir/ Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed herewith is the press release issued by the Company on the captioned subject, the content of which is self-explanatory. The above information will also be available on the website of the Company at https://www.awfis.com/investor-relations/initial-public-offer/financials. We request you to kindly take this on your record. Thanking You. For Awfis Space Solutions Limited Shweta Gupta Company Secretary and Compliance Officer M. No. F8573 Address: C-28-29, Kissan Bhawan, Qutab Institutional Area, New Delhi – 110016 Encl: as above Corporate and Regd. Office Awfis Space Solutions Limited C-28-29, Kissan Bhawan, Qutab Institutional Area, New Delhi – 110016 www.awfis.com | Email: info@awfis.com | Phone: 011- 41103497 CIN: L74999DL2014PLC274236 Awfis Space Solutions Limited PRESS RELEASE New Delhi, India — November 3rd, 2026 Awfis Space Solutions Reports Q2 & H1FY27 Results: Normalized Revenue Grows 26% YoY to ₹451 Cr; Cash EBITDA up 45% to ₹49 Cr ₹451 Cr ₹376 Cr ₹75 Cr ₹49 Cr/ 10.8% Normalized Revenue from Normalized Revenue from Normalized Revenue from Cash EBITDA / Cash Operations Co-working construction & fit-out EBITDA Margin +26% YoY +31%YoY +8%YoY +45%YoY Awfis Space Solutions Limited, one of India’s largest flexible workspace solutions has announced its unaudited consolidated financial results for the quarter and half year ended September 30, 2026. FINANCIAL PERFORMANCE — Q2 & H1FY27 Particulars (₹ Cr, Consolidated) Q2 FY27 Q2 FY261 YoY % H1 FY27 H1 FY261 YoY % Revenue from Operations 439 367 20% 864 702 23% Add: Adj. of actual rent received 13 (10) 25 (20) on finance lease arrangements2 Normalized Revenue 451 357 26% 888 682 30% Co-working and allied services 376 288 31% 740 554 34% Construction and fit-out projects 75 69 8% 149 128 16% Reported EBITDA 174 132 31% 336 259 30% Cash EBITDA 49 34 45% 93 67 40% Cash EBITDA Margin 10.8% 9.4% 10.5% 9.8% Operating profit before tax 13 9 56% 25 18 35% Operating PBT% 3.0% 2.4% 2.8% 2.7% Reported PAT 31 16 93% 55 26 111% 1.Q2 & H1FY26 financials have been derived using the same methodology and calculation framework adopted for the Q2 & H1FY27 financials on normalized basis. 2.Net of initial recognition under finance lease www.awfis.com Page 1 of 3 Awfis Space Solutions Limited OPERATIONAL HIGHLIGHTS • 25K+ seats sold in H1 FY27, with demand continues to build ahead of new capacity • 100% of new supply in Grade A/A+ assets, with every centre deliberately placed in high-demand micro-markets • Partial MO Model with ~50% enterprise pre-commitment, balanced by coworking demand, driving faster occupancy and revenue visibility • 57% of centers operate under the Managed Aggregation (MA) model, with fit-out capex funded by landlords • Incremental seats are being signed at ~35% higher pricing versus flagship products, reflecting customers’ willingness to pay for premium workspaces • Signed a 1,000+ FTE GCC mandate with a Fortune 500 company in Chennai, with Phase 1 started in Q4 FY27 • Maintained a strong balance sheet with net debt to equity ratio of -0.1x and gross debt ratio of 0.1x, reflecting prudent leverage MANAGEMENT COMMENTARY- AMIT RAMANI (CHAIRMAN & MANAGING DIRECTOR) “We are pleased to report another quarter of steady performance, supported by continued demand from large enterprises & GCCs, alongside our ongoing focus on premiumisation and operational efficiency. Normalised Revenue for Q2 FY27 stood at ₹451 Cr, growing 26% YoY, taking H1 FY27 revenue to ₹888 Cr, up 30% YoY. Cash EBITDA grew 45% YoY to ₹49 Cr, with margins at 10.8%, taking H1 FY27 Cash EBITDA to ₹93 Cr, up 40% YoY with margins at 10.5% Our Reported Revenue stood at ₹439 Cr in Q2FY27 and ₹864 Cr in H1FY27, growing 20% and 23% YoY, respectively, while Reported EBITDA grew 31% and 30% YoY to ₹174 Cr and ₹336 Cr, with margins of 39.6% & 38.9% respectively. Our Co-working business continued to see strong demand from large corporates, MNCs and multi-centre clients, with revenue growing 31% YoY to ₹376 Cr in Q2 and 34% YoY to ₹740 Cr in H1 FY27, while Transform contributed ₹75 Cr and ₹149 Cr, respectively, growing 8% in Q2 and 16% in H1 supported by a healthy project pipeline and growing cross- selling opportunities. During the quarter, we added 6 new centres, taking our total supply to 254 centres with approximately 174k seats across 18 cities, serving a diversified client base of over 3,700+ companies. Overall portfolio occupancy stood at 76.2%, while occupancy at centres with more than 12 months of vintage reached 84.1%. Our premiumisation strategy continues to gain momentum, with our Gold and Elite portfolio expanding to 39 centres. We have strengthened our presence across Pune, Bengaluru, Mumbai and Delhi NCR with new premium Grade A+ centres. Our latest Awfis 6.0 design further enhances workspace quality, space utilisation and operational efficiency, supporting higher realisations. Our GCC portfolio continues to scale meaningfully, we currently serve 105+ unique GCC clients, contributing approximately 24% of rental revenue. Our integrated offerings across co-working, managed offices, design and build, and allied workplace services position us as a long-term partner for GCCs, from their initial entry into India to expansion across multiple locations. Importantly, our five growth engines of GCC expansion, premiumisation, multi-format supply, organic growth & retention and value beyond Flex continue to strengthen our capabilities and support sustainable growth. Our focus on improving occupancy, strengthening client renewals and expanding through capital-efficient supply models is expected to drive higher realisations and profitability. As we move ahead, we are confident that our strategy is delivering the desired results, with Gold and Elite centres gaining traction and execution strengthening over the last 4–5 quarters. FY27 is a year of transformation, with a continued focus on driving high-quality earnings, improving occupancy across our centres thereby achieving Cash EBITDA target of ₹190–200 Cr for the full year .” www.awfis.com Page 2 of 3 Awfis Space Solutions Limited ABOUT AWFIS SPACE SOLUTIONS LIMITED Awfis Space Solutions Ltd. (‘Awfis’) is India’s leading and listed flexible workspace solutions provider offering the largest network of agile workspaces. The company enables small and large corporates to seamlessly book and utilize workspaces as per their requirement and convenience. The comprehensive suite of solutions includes Flex Space Solutions (Coworking and Customized Managed Offices), Mobility Solutions, Design & Build, Awfis Café, and Tech Labs-advanced tech infrastructure. With a strong presence in 18 cities and 250+ centres, Awfis serves over 3,700 clients across diverse industries, ensuring scalable and adaptable workspace solutions for businesses of all sizes. For more information: Please log on to www.awfis.com. In addition, connect with us on Facebook, Instagram and LinkedIn. SAFE HARBOR STATEMENT Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential product characteristics and uses, product sales potential and target dates for product launch are forward-looking statements based on estimates a [Showing first 8,000 characters — download PDF for full document]