Intimation about Grant of Stock Options under NLSL Employee Stock Option Plan 2024

July 28, 2026 The Manager The Manager BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai - 400 001 Bandra (E), Mumbai - 400 051 Subject: Intimation about Grant of Options under NLSL Employee Stock Option Plan 2024 Scrip Code: BSE – 543952; NSE – NIITMTS Dear Sir/Ma’am, We would like to inform that the Nomination and Remuneration Committee of the Company, on July 28, 2026, has approved the grant of 1,488,667 stock options to eligible employees under the NLSL Employee Stock Option Plan 2024. These are convertible into an aggregate of 1,488,667 equity shares of the Company upon exercise. The details of the grants are enclosed herewith as in the Annexure. This is for your information and records. Thanking you, For NIIT Learning Systems Limited Deepak Bansal Company Secretary & Compliance Officer Encl.: a/a Annexure S. No. Particulars Details i. Grant No. NLSL ESOP 2024 – XIII ii. Date of the Grant July 28, 2026 iii. Number of Options granted 322,000 iv. Exercise Price/ Grant price Rs. 233.57 per option (closing market price of equity shares of the per option Company at NSE on July 27, 2026, having highest trading volume) v. Vesting Terms 3 equal vests at the end of First, Second and Third Year from the date of Grant vi. Exercise period from date of Five years from the date of each vest vest S. No. Particulars Details i. Grant No. NLSL ESOP 2024 – XIV ii. Date of the Grant July 28, 2026 iii. Number of Options granted 20,000 iv. Exercise Price/ Grant price Rs. 233.57 per option (closing market price of equity shares of the per option Company at NSE on July 27, 2026, having highest trading volume) v. Vesting Terms 2 equal vests at the end of First and Second Year from the date of Grant vi. Exercise period from date of Five years from the date of each vest vest S. No. Particulars Details i. Grant No. NLSL ESOP 2024 – XV ii. Date of the Grant July 28, 2026 iii. Number of Options granted 13,000 iv. Exercise Price/ Grant price Rs. 233.57 per option (closing market price of equity shares of the per option Company at NSE on July 27, 2026, having highest trading volume) v. Vesting Terms One vest at the end of First Year from the date of Grant vi. Exercise period from date of Five years from the date of the vest vest S. No. Particulars Details i. Grant No. NLSL ESOP 2024 – XVI ii. Date of the Grant July 28, 2026 iii. Number of Options granted 76,667 iv. Exercise Price/ Grant price Rs. 233.57 per option (closing market price of equity shares of the per option Company at NSE on July 27, 2026, having highest trading volume) v. Vesting Terms 1 vest at the end of Second Year from the date of Grant vi. Exercise period from date of Five years from the date of the vest vest S. No. Particulars Details i. Grant No. NLSL ESOP 2024 – XVII ii. Date of the Grant July 28, 2026 iii. Number of Options granted 640,000 iv. Exercise Price/ Grant price Rs. 233.57 per option (closing market price of equity shares of the per option Company at NSE on July 27, 2026, having highest trading volume) v. Vesting Terms 1 vest at the end of Third Year from the date of Grant vi. Exercise period from date of Five years from the date of the vest vest S. No. Particulars Details i. Grant No. NLSL ESOP 2024 – XVIII ii. Date of the Grant July 28, 2026 iii. Number of Options granted 265,000 iv. Exercise Price/ Grant price Rs.2 per option (Face Value) per option v. Vesting Terms - 3 equal vests at the end of First, Second and Third Year from the date of Grant - Performance-linked* vi. Exercise period from date of Exercise before 15th March of the calendar year subsequent to each vest Vest S. No. Particulars Details i. Grant No. NLSL ESOP 2024 – XIX ii. Date of the Grant July 28, 2026 iii. Number of Optionsgranted 45,000 iv. Exercise Price/ Grant Rs.2 per option (Face Value) price per option v. Vesting Terms - 2 equal vests at the end of First and Second Year from the date of Grant - Performance-linked* vi. Exercise period from date of Five years from the date of each vest vest S. No. Particulars Details i. Grant No. NLSL ESOP 2024 – XX ii. Date of the Grant July 28, 2026 iii. Number of Options granted 17,000 iv. Exercise Price/ Grant price Rs.2 per option (Face Value) per option v. Vesting Terms - 1 vest at the end of First Year from the date of Grant - Performance-linked* vi. Exercise period from date of Five years from the date of vest vest S. No. Particulars Details i. Grant No. NLSL ESOP 2024 – XXI ii. Date of the Grant July 28, 2026 iii. Number of Options 90,000 iv. Exercise Price/ Grant Rs.2 per option (Face Value) price per option v. Vesting Terms - 1 vest at the end of First Year from the date of Grant - Performance-linked* vi. Exercise period from date of Exercise before 15th March of the calendar year subsequent to the Vest vest *Note: All stock options being granted at an exercise price of Rs.2/- per option shall vest only based on the achievement of performance goals.There are two performance goals: revenue for the financial year and EBITDA for the same period, with a fifty percent weightage for each parameter. The threshold for performance is 85%, below which options shall not be vested.