Outcome of Board Meeting held on November 04, 2026

To, Date: 04-11-2026 BSE Limited Corporate Relationship Department Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Scrip Code: 526570 Sub: Outcome of Board Meeting held on November 04, 2026 Dear Sir/Madam, Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company, at its meeting held today, i.e., November 04, 2026, which commenced at 05:30 p.m. and concluded at 06:00 p.m., has, on the recommendation of the Nomination and Remuneration Committee, approved the fixation of remuneration of Mrs. Soumya K (DIN: 01760289), Whole-Time Director and Chief Executive Officer (CEO), with effect from November 04, 2026, for a period of three (3) years, as detailed below: Particulars Annual Remuneration (Rs.) Gross Salary 3,52,50,000 Retirement Benefits (Employer Contribution) 7,50,000 Total Fixed Remuneration 3,60,00,000 The aforesaid remuneration exceeds the limits prescribed under Section II of Part II of Schedule V to the Companies Act, 2013, and is accordingly subject to the approval of the members of the Company by way of a Special Resolution, pursuant to Sections 196 and 197 read with Schedule V of the Companies Act, 2013. The Company shall seek the requisite approval of the members within the prescribed timelines, and the details of the mode of seeking such approval shall be intimated separately. We request you to take the above information on record. Thanking you, Yours faithfully, For MIDWEST ENERGY LIMITED Prabhat Bhamini Company Secretary & Compliance Officer Membership No.- A69664 Midwest Energy Limited (Formerly Known as Midwest Gold Limited) 19th Floor, Tower-1, Prestige Skytech, Nanakramguda, Hyderabad-500032 Tel: +91 40 40733000 Email: raghav@midwestenergy.in, soumya@midwestenergy.in C IN: L12300TG1990PLC163511