Communication sent to Shareholders regarding Tax Deduction on Dividend.

July 27, 2026 The Manager, The Manager, Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 500413 Scrip Code: THOMASCOOK Fax No.: 2272 2037/39/41/61 Fax No.: 2659 8237/38 Dear Sir/ Madam, Sub: Communication to Shareholders - Intimation on Tax Deduction on Dividend. In compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, please find enclosed herewith the email communication which was circulated to all the shareholders having their email ID’s registered with the Company / MUFG Intime India Private Limited (“RTA”) / Depositories, explaining the process on withholding tax from dividend to be paid to the shareholders at prescribed rates along with necessary annexures. This communication will also be available on the website of the Company at https://www.thomascook.in/stock-exchange- intimation. Kindly take the same on record and acknowledge. This is for your information and records. Thank you. Yours faithfully, For Thomas Cook (India) Limited Amit J. Parekh Company Secretary and Compliance Officer Encl: a/a THOMAS COOK (INDIA) LIMITED CIN: L63040MH1978PLC020717 Registered Office: 11 Floor, Marathon Futurex, N M Joshi Marg, Lower Parel (East), Mumbai- 400 013 Tel. No.: +91 22 4242 7000 | E-mail: sharedept@thomascook.in | Website: www.thomascook.in Date: July 27, 2026 THIS COMMUNICATION IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION Dear Shareholder, Trust you and your family are safe and in good health. We are pleased to inform you that the Board of Directors of the Company, at its meeting held on May 12, 2026, has recommended a dividend of Re. 0.50 (Rupee Fifty paise only) per equity share of face value Rs. 1/- each, for the Financial Year ended March 31, 2026. Pursuant to the implementation of the Income Tax Act, 2025 (Act) effective from April 1, 2026, dividend paid or distributed by a company shall be taxable at the hands of shareholders. Therefore, the Company is required to deduct tax at source (TDS) at the rates applicable on the amount distributed to the shareholders, if approved at the 49th Annual General Meeting (AGM) of the Company scheduled to be held on Thursday, September 10, 2026. This communication provides a brief of the applicable Tax Deduction at Source (TDS) provisions under the Act for Resident and Non-Resident shareholder categories. I. For Resident Shareholders Tax is required to be deducted at source under Section 393(1) [Table Sl. No. 7] read with section 393(4) [Table Sl. No. 10] of the Act, at the rate of 10% on the amount of dividend where shareholders have registered their valid Permanent Account Number (PAN). In case, shareholders do not have PAN / invalid PAN/ not registered their valid PAN details in their account or classified as specified person in the income-tax portal, TDS at the rate of 20% shall be deducted under Section 397(2) of the Act. a. Resident Individuals No tax shall be deducted on the dividend payable to resident individuals if: i. Total dividend amount to be received by them during the Tax Year (TY) 2026-27 does not exceed Rs. 10,000/-; ii. The shareholder provides Form 121, provided that all the required eligibility conditions are met. Please note that all fields are mandatory to be filled up and Company may at its sole discretion reject the form, if it does not fulfil the prescribed requirement under the Act. The template of Form 121 is as per Annexure 1 . iii. Exemption certificate is issued by the Income-tax Department, if any. b. Resident Non-Individuals No tax shall be deducted on the dividend payable to the following resident non-individuals where they provide details and documents as per the format in Annexure 2. i. Insurance Companies: Self declaration that it qualifies as ‘Insurer’ as per section 2(7A) of the Insurance Act, 1938 and has full beneficial interest with respect to the ordinary shares owned by it along with self-attested copy of PAN card and certificate of registration with Insurance Regulatory and Development Authority (IRDA)/ LIC/ GIC. ii. Mutual Funds: Self-declaration that it is registered with SEBI and is notified under Schedule VII (Table: Sl. No. 20 or 21) read with section 11 of the Act along with self-attested copy of PAN card and certificate of registration with SEBI. iii. Alternative Investment Fund (AIF): Self-declaration that its income is exempt under Schedule V [Table: Sl. No. 1] read with section 11 of the Act, and they are registered with SEBI as Category I or Category II AIF along with self-attested copy of the PAN card and certificate of AIF registration with SEBI. iv. New Pension System (NPS) Trust: Self-declaration that it qualifies as NPS trust and income is eligible for exemption under Schedule VII [Table: Sl. No. 41] read with Section 11 of the Act and being regulated by the provisions of the Indian Trusts Act, 1882 along with self-attested copy of the PAN card. v. Other Non-Individual shareholders: Self-attested copy of documentary evidence supporting the exemption along with self-attested copy of PAN card. c. In case, shareholders (both individuals or non-individuals) provide certificate under Section 395(1) of the Act, for lower / NIL withholding of taxes, rate specified in the said certificate shall be considered, on submission of self- attested copy to the company. II. For Non-resident Shareholders a. As per Domestic Tax Law Taxes are required to be withheld in accordance with the provisions of Section 393(2) [Table Sl. No. 17] read with section 207(1) [Table Sl. No. 1] of the Act as per the rates as applicable. As per the relevant provisions of the Act, the withholding tax shall be at the rate of 20% (plus applicable surcharge and cess) on the amount of dividend payable to them. In case, non-resident shareholders provide a certificate issued under Section 395(1) of the Act, for lower/ Nil withholding of taxes, rate specified in the said certificate shall be considered, on submission of self- attested copy of the same. b. As per Double Tax Avoidance Agreement (DTAA) As per Section 159 of the Act, the non-resident shareholder has the option to be governed by the provisions of the DTAA between India and the country of tax residence of the shareholder, if they are more beneficial to them. For this purpose, i.e., to avail DTAA benefit, the non-resident shareholders are required to submit the following: i. Self-attested copy of the PAN card allotted by the Indian Income Tax authorities. ii. Self-attested copy of Tax Residency Certificate (TRC) (Tax year April 1, 2026 to March 31, 2027) obtained from the tax authorities of the country of which the shareholder is a resident. iii. For shareholders who have PAN and proposes to claim treaty benefit, they need to mandatorily file the Form 41 online at the link https://eportal.incometax.gov.in/ iv. Self-declaration by shareholder of meeting treaty eligibility requirement and satisfying beneficial ownership requirement. (Tax year April 1, 2026 to March 31, 2027) (as per Annexure 3). If PAN is not available, the non- resident shareholder shall furnish name, email address, contact number, tax identification number allotted in the country of residence and address in country of residence (as per Annexure 4). v. In case of Foreign Institutional Investors and Foreign Portfolio Investors, copy of SEBI registration certificate. vi. In case of shareholder being tax resident of Singapore, please furnish the letter issued by the competent authority or any other evidence demonstrating the non-applicability of Article 24 - Limitation of Relief under India- Singapore Double Taxation Avoidance Agreement (DTAA). It is recommended that shareholders should independently satisfy their eligibility to claim DTAA benefit including meeting of all conditions laid down by DTA [Showing first 8,000 characters — download PDF for full document]