Outcome of Board Meeting

November 03, 2026 ToB, SE Limited National Stock Exchange of India Limited Department of Corporate Services, Listing Compliance Department, Exchange Plaza, Plot SPc. rJ.i Tpo Cwoedres:, 5D3al0a0l 7St9r eet, NSyom. Cb/o 1l:, GFA BZloEc3kQ, B andra Kurla Complex, Bandra (E), Mumbai – 400 001. Mumbai – 400 051. DSuebar: SOiur/tcMoam’aem o,f the Board Meeting held today i.e. November 03, 2026 Ref: Regulation 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 We wish to inform you that, the Board of Directors of the Company at their meeting held today i.e. Tuesday, November 03, 2026 have, inter alia, considered and approved the Un- Audited Financial Results (Standalone and Consolidated) of the Company for the second quarter and half year ended September 30, 2026. A copy of the aforementioned Un-Audited Financial Results (Standalone and Consolidated) along with the Limited Review Report for the aforesaid period issued by M/s. MSKA & Associates, the Statutory Auditors of the Company, is enclosed herewith. The meeting of the Board of Directors commenced at 05:00 PM (IST) and concluded at 05:39 P.M. (IST). YThoaunrks iSnign cyeorue, ly, F or Faze Three Limited Akram Sati Company Secretary and Compliance Officer M. No. A50020 Encl: a/a FAZE THREE LIMITED (CIN: L99999DN1985PLC000197) Regd. Office: Survey 380/1, Khanvel Silvassa Road, Dapada, Silvassa – 396 230, UT of D&NH Corporate Office: 63/64, 6th Floor, Wing C, Mittal Court, Nariman Point, Mumbai - 400021. Tel. : 91 (22) 43514444, 66604600 * Fax : 91 (22) 24936811 * E-mail : cs@fazethree.com * Website : www.fazethree.com 602, Floor 6, Raheja Titanium Western Express Highway, Geetanjali Railway Colony, Ram Nagar, Goregaon (E) Mumbai 400063, INDIA Tel: +91 22 69740200 Independent Auditor’s Review Report on Standalone unaudited financial results of Faze Three Limited for the quarter and year to date pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. To The Board of Directors of Faze Three Limited 1. We have reviewed the accompanying Statement of standaloneunaudited financial results of Faze Three Limited(hereinafter referred to as ‘the Company’) which includes Faze three Employee Trust (“Employee Welfare Trust”) for the quarter ended September 30, 2026 and the year to-date results for the period fromApril 01, 2026 to September 30, 2026 (‘the Statement’) attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended (‘the Regulations’). 2. This Statement, which is the responsibility of the Company’s Management and has been approved by the Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 ‘Interim Financial Reporting’, prescribed under Section 133 of the Companies Act, 2013(‘the Act’), read with relevant rules issued thereunder (‘Ind AS 34’), and other recognised accounting principles generally accepted in India, and is in compliance with the Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Act and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement prepared in accordance with the recognition and measurement principles laid down in Ind AS 34 and other recognised accounting principles generally accepted in India,has not disclosed the information required to be disclosed in terms of the Regulations including the manner in which it is to be disclosed, or that it contains any material misstatement. For M S K A & Associates LLP (Formerly known as M S K A & Associates) Chartered Accountants ICAI Firm Registration No.105047W/W101187 Digitally signed by NITIN NITIN SURYAMANI SURYAMANI TIWARI TIWARI Date: 2026.11.03 19:44:36 +05'30' Nitin Tiwari Partner Membership No.:118894 UDIN: 26118894XFWEXB6079 Place: Mumbai Date: November 03, 2026 FAZE THREE LIMITED CIN : L99999DN1985PLC000197 | www.fazethree.com | info@fazethree.com | 022 435 14444 | Regd. off: Survey no 380/1, Khanvel Silvassa road, Village Dapada, Dadra & Nagar Haveli, DN 396230 Statement of Standalone Unaudited Financial Results for the quarter and half year ended September 30, 2026 ( in Crores unless otherwise stated) Quarter Ended Half Year Ended Year Ended September 30, June 30, September 30, September 30, September 30, March 31, Particulars 2026 2026 2025 2026 2025 2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited I Revenue from operations 247.34 212.84 200.56 460.18 405.28 860.11 II Other income 4.10 6 .65 0 .79 1 0.75 5 .52 12.96 III Total Income (I + II) 251.44 219.49 201.35 4 70.93 4 10.80 873.07 IV Expenses (a) Cost of materials consumed 149.79 1 32.63 109.30 282.42 224.76 438.60 (b) Changes in inventories of finished goods and work-in-progress (19.68) (18.14) ( 5.18) ( 37.82) ( 19.21) 1 7.43 (c) Employee benefits expense 3 5.94 32.14 30.41 68.08 61.32 120.82 (d) Finance costs 4.94 4.77 4 .39 9.71 8.42 18.08 (e) Depreciation and amortisation expense 8.24 7.48 7 .15 15.72 13.93 28.62 (f) Other expenses 5 6.04 48.97 61.09 105.01 110.37 214.16 Total expenses (IV) 235.27 2 07.85 207.16 443.12 399.59 837.71 V Profit before exceptional items and tax (III-IV) 16.17 11.64 (5.81) 27.81 1 1.21 35.36 VI Exceptional Items - - - - - - VII Profit before tax (V-VI) 16.17 11.64 (5.81) 27.81 11.21 3 5.36 VIII Tax expense (a) Current tax 3.41 2 .45 ( 1.50) 5.86 2.58 5 .33 (b) Deferred tax (net) 1.02 0.42 0 .05 1.44 0.23 1 .98 Total tax expense (VIII) 4 .43 2.87 (1.45) 7.30 2.81 7 .31 IX Profit for the period / year (VII-VIII) 11.74 8.77 (4.36) 20.51 8.40 2 8.05 X Other comprehensive income Items that will not be reclassified to profit or loss (a) Remeasurement of the post employment defined benefit plans (0.21) (0.17) ( 0.08) (0.38) (0.21) ( 1.21) (b) Fair value changes in land - - - - - 0.50 (c) Tax relating to items that will not be reclassified to profit or loss 0.05 0 .04 0.02 0.09 0.05 0 .30 Other comprehensive income for the period / year (X) (0.16) (0.13) (0.06) (0.29) ( 0.16) (0.41) XI Total comprehensive income (IX+X) 11.58 8.64 (4.42) 20.22 8.24 2 7.64 Paid-up equity share capital (Face Value 10 per Share) 24.60 2 4.32 24.32 24.60 24.32 24.32 Other Equity (excluding revaluation reserve) 367.02 Earnings perequity share of 10 each (not annualised except forthe year ended) Basic ( ) 4.84 3 .61 ( 1.80) 8.45 3.46 11.53 Diluted ( ) 4.80 3 .61 ( 1.80) 8.42 3.46 11.53 FAZE THREE LIMITED Statement of Standalone Assets & Liabilities as at September 30, 2026 ( in Crores) As at As at Particulars September 30,2026 March 31,2026 Unaudited Audited ASSETS Non-current assets (a) Property, plant and equipment 356.62 321.95 (b) Capital work-in-progress 77.92 12.43 (c) Right-of-use Assets 1.89 3.70 (d) Intangible assets 1.85 0.89 (e) Financial assets (i) Investments 2.54 2.54 (ii) Loans 49.06 45.61 (iii) Other financial assets 4.67 4. [Showing first 8,000 characters — download PDF for full document]