Please find attached Investor Presentation for the Quarter and half year ended on 30.09.2026

Date: November 10, 2026 The Listing Compliance Department BSE Limited P. J. Tower, Dalal Street Mumbai – 400001 Scrip Code: 541741 ISIN: INE401Z01019 Subject : INVESTOR AND EARNINGS PRESENTATION Dear Sir/ Madam, Pursuant to Regula(cid:415)on 30 read with Schedule III of Securi(cid:415)es and Exchange Board of India (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons 2015, and in con(cid:415)nua(cid:415)on to our le(cid:425)er dated November 03, 2026, please find enclosed Investor & Earnings Presenta(cid:415)on of the Fratelli Vineyards Limited [earlier known as Tinna Trade Limited] (“the Company”) on the Unaudited Financial Results and opera(cid:415)onal performance for the quarter and half year ended on September 30, 2026. The aforesaid presenta(cid:415)on shall also be available on Company’s website at www.fratelliwines.in. This is for your informa(cid:415)on and records. Thanking You, Yours Faithfully, For FRATELLI VINEYARDS LIMITED M ONIKA Digitally signed by MONIKA GUPTA G UPTA Date: 2026.11.10 Monika Gupta 11:44:00 +05'30' Company Secretary FCS 8015 FRATELLI VINEYARDS LIMITED CIN: L11020DL2009PLC186397 Regd. Off: NO.6, Sultanpur, Mandi Road, Mehrauli, New Delhi-110030 Tel NO.- +91-11-49518530, Fax: +91-11-26804883 E mail: (cid:425)l.del@(cid:415)nna.in Website: www.(cid:415)nnatrade.in Q2 & H1FY27, Investor Presentation November 2026 Disclaimer This presentation includes forward-looking statements regarding the business, financial performance, strategy, and outcomes of Fratelli Vineyards, as well as the industry it operates in. These statements are subject to risks, uncertainties, and assumptions that may cause actual results to differ from those expressed or implied. Factors such as changes in economic, political, regulatory, or market conditions could affect the accuracy of these statements. Fratelli Vineyards, its affiliates, advisors, representatives, subsidiary undertakings, officers, or employees do not guarantee the accuracy of the assumptions underlying these forward-looking statements, nor do they guarantee the future accuracy of the statements or the occurrence of forecasted developments. The company assumes no obligation to publicly amend, modify, or revise any forward-looking statements based on subsequent developments, information, or events. Given these uncertainties, viewers are advised not to place undue reliance on these forward-looking statements. Table Of Contents 01 Q2 & H1FY27 Financial Highlights 02 An Overview of India’s Leading Winemaker 03 Strategic Priorities 04 Annexure 05 An Overview of Industry Dynamics Q2 & H1FY27 Financial Highlights Q2 & H1FY27 Income Statement*- Net Sales : Overall revenue grew 10% YoY in H1 FY27, supported by 4% Revenue In Rs Cr. ** Q2FY27 Q1FY27 Q2FY26 H1FY27 H1FY26 growth in the Luxury segment, while RTD revenue more than doubled during the period. Net revenue from 46.0 45.4 46.3 91.4 83.4 operations Gross Margins :Gross Profit Margin remained healthy at 78% in H1 FY27, despite COGS 10.6 9.1 9.6 19.7 16.7 changes in product mix Gross Profit 35.4 36.3 36.7 71.7 66.7 Market & Regulatory Update: Delhi recorded 1% growth in H1 FY27, supported by a strong recovery in Q2 following a subdued Q1 due to changes in excise policy. Changes Gross Profit Margin 77% 80% 79% 78% 80% in UP's excise policy impacted the broader wine industry during H1 FY27. However, Fratelli recorded strong growth across Odisha, Telangana, Kerala, Puducherry and EBITDA 0.25 1.1 1.5 1.4 -0.80 Goa, supporting the overall revenue performance EBITDA Margin 0.54% 2.4% 3.2% 1.5% -0.84% EBITDA : Operating Profit improved from Rs. -0.8 Cr in H1 FY26 to Rs. 1.4 Cr in H1 FY27, reflecting improved operating leverage Depreciation 2.4 2.4 2.3 4.8 4.6 Finance cost 4.0 3.8 3.4 7.8 6.6 Finance and Depreciation : Finance costs increased due to borrowings undertaken for working capital requirements, while depreciation expenses were higher owing to the commissioning of new assets last year PBT -6.2 -5.1 -4.2 -11.3 -11.9 Tax 1.6 -1.3 1.1 2.9 3.0 Brand Investments : Continued investments in H1 FY27 were undertaken towards RTD portfolio, rebranding and brand collaborations Profit After Tax -4.6 -3.8 -3.1 -8.4 -8.9 * Standalone Fratelli Wines numbers ; ** Rounded off to nearest decimal 5 Q2 & H1FY27 Financial Highlights* - Revenue in Rs Cr. Gross Profit in Rs Cr. 91 83 72 67 46 46 Q2FY27 Q2FY26 H1FY27 H1FY26 Q2FY27 Q2FY26 H1FY27 H1FY26 EBITDA in Rs Cr. PAT in Rs Cr. Q1FY27 Q1FY26 H1FY27 H1FY26 Q1FY26 0.25 -0.80 -3 Q2FY27 Q2FY26 H1FY27 H1-0F.Y826 -9 -9 H1FY26 * Standalone Fratelli Wines numbers 6 Key Developments And Management Focus Premiumisation : Continued focus on premiumisation, with the Luxury segment’s Revenue growing 4% and the J'noon range delivering 23% revenue growth in H1 FY27 Supply Chain Efficiencies & Cost Discipline : Enhanced supply chain efficiencies to improve product availability across key markets and strengthen consumer experience. Continued focus on cost optimisation through a shift to localised vendors, who account for >95% of sourcing, and greater use of solar energy Bottle Portfolio Update: Shiraz Cabernet availability has been extended to 15 states, while Brut is available in 14 states and the Sette 15th MM Edition in 7 states RTD Portfolio Update : Launched Shotgun in Karnataka which is one of the largest RTD markets in India. Shotgun Jamun was launched in Q2 FY27, with a further rollout planned in Q3 FY27 Exports : Internation footprint continued to expand, with bottle exports reaching 18 countries and Shotgun and Can exports extending to 6 and 8 countries, respectively CSD Growth: Tilt has reached 26 canteens and, within six months of launch, has become one of the leading RTD brands in CSD Distribution Expansion : Expanded distribution to 32,000 touchpoints, with Shotgun reaching over 11,000 touchpoints Q2 & H1FY27 : Operational and Strategic Highlights FRATELLI OPERATIONAL •VINEYARDS• 01 BUSINESS PERFORMANCE 02 CHANNEL & MARKET 03 OPERATIONS & EXPANSION SUSTAINABILITY Luxury Segment: In H1FY27 the Luxury segment’s Global presence expanded to o RTD manufacturing lines have revenue grew 4%, led by steady performance of the 18 countries achieved operational efficiency J’noon brand across key markets of over 85% in Q2FY27 Premium Segment: Premium segment revenue fell Sales of Merlot and Noi Sparkling o Evaluating an additional bottling line to support the 11% in H1 FY27.Change in the excise policy in Uttar commenced in CSD from Oct ‘26 Pradesh led to an Industry -wide slowdown. Although Shotgun will start sales in CSD from growing RTD Segment brands such as Shiraz posted healthy growth Q4FY27 Value Segment: The segment delivered moderate ~More than 95% of packaging growth of 4% in H1 FY27, supported by healthy material (PM) is procured from local performance in South India despite inventory vendors, and 45% of the energy FRATELLI correction across the segment, which is expected to requirements at the Akluj Winery VINEYARDS normalise in Q3 are met through solar power Recovery in Key Markets: Delhi and CSD recovered well in Q2 and are back in a high- growth cycles STRATEGIC 01 New Product Launches 02 Market Expansion 03 Other Strategic Initiatives Fratelli’s Market Shiraz Cabernet Shotgun Jamun International Expansion Share in Indian Wine Market Launched in Apr'26; registered across 15 Launched in Q2FY27 to further Entered Poland in Q2FY27, Plan to enter two new strengthen the RTD portfolio domestic markets J&K and states as on September 2026, pan-India expanding export presence to Shotgun Flavours now present in 15 TASMAC (TN) expansion underway 18 countries States Our Latest LAUNCH SHIRAZ CABERNET Approachable Relaxed Social A refined blend that brings together the vibrancy of Shiraz with the depth of Cabernet Sauvignon This varietal is a true expression of balance & approachability MRP: INR 1,000 (750 ml), INR 520 (375 ml)* *Maharashtra MRP New Sparkling Wine : Fratelli Brut Backs [Showing first 8,000 characters — download PDF for full document]