Analysts/Institutional Investor Meet/Con. Call Updates

June 23, 2026 The National Stock Exchange of India Limited, BSE Limited Exchange Plaza, Floor 25, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Mumbai — 400 001 Bandra (E), Mumbai – 400051. Symbol: REDINGTON Scrip: 532805 Sir/Madam, Sub: Transcript of the Virtual Investors Event held on June 17, 2026 Pursuant to Regulations 30 and 46(2) (oa) (ii) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we attach herewith the transcript of the Company’s Virtual Investor Event held on June 17, 2026. The same is available in Company’s website at https://redingtongroup.com/wp- content/uploads/2026/06/From-Software-Distribution-to-Intelligent- Orchestration_Transcript_FINAL_170626.pdf No unpublished price sensitive information was shared/discussed in the meeting/ call. We request you to take this information on record. For Redington Limited K Vijayshyam Acharya Company Secretary Encl: a/a Information Classification: RL\Public “Redington Limited Investor Event” June 17, 2026 MANAGEMENT: MR. V. S. HARIHARAN – MANAGING DIRECTOR & GROUP CHIEF EXECUTIVE OFFICER – REDINGTON LIMITED MR. S.V. KRISHNAN – FINANCE DIRECTOR – REDINGTON LIMITED MR. SAYANTAN DEV –GLOBAL HEAD – SOFTWARE SOLUTIONS GROUP – REDINGTON LIMITED MS. NEHAL SHARMA – SENIOR VICE PRESIDENT, SSG GLOBAL ALLIANCES – REDINGTON LIMITED MR. RAMESH NATARAJAN – CHIEF EXECUTIVE OFFICER - INDIA AND MIDDLE EAST– REDINGTON LIMITED MR. CEM BORHAN – CHIEF EXECUTIVE OFFICER – SESA – REDINGTON LIMITED MR. SACHIN DUBEY – HEAD – PROFESSIONAL SERVICES – REDINGTON LIMITED MR. DEEPAK PULIGADDA – GLOBAL CHIEF TECHNOLOGY OFFICER – REDINGTON LIMITED MR. MOHAMMED SADIQ – SENIOR VICE PRESIDENT – AI - REDINGTON LIMITED MS. PALAK AGRAWAL – HEAD, INVESTOR RELATIONS – REDINGTON LIMITED MR. KALYAN POLA – PRINCIPAL PARTNER DEVELOPMENT MANAGER – AWS Page 1 of 33 Information Classification: RL\General Business\Third Party Redington Limited June 17, 2026 Moderator: Over to you, Palak. Palak Agrawal: Thank you. Good morning, everyone. Thank you for joining the event. It's been a year since org transformation, time we formed SSG BU, which saw a growth of 37% in FY '26 to become a $2.2 billion business, which is 17% of our overall top line. Since formation, we received several questions from many of you during our various conversations, and this is an effort to put together what we are today, where we shall be in next few years and how we are transforming. This event is divided into four parts. First, we have presentation from our leaders, followed by a presentation from AWS for about 10 minutes. The leaders' presentation is about 30 minutes, presentation from AWS about 10 minutes. Then we have a moderated panel discussion for about 30 minutes, followed by Q&A maybe for about 50 minutes. We shall start this presentation with Mr. Krishnan. He's known to everybody, but I would just like to introduce him a bit before I hand it over to him. SVK brings a wealth of experience in financial management and strategy. He has played a key role in company's growth and expansion over the years, driving financial discipline, risk management, compliance, capital raises, listing and also investor interactions. Over to you, sir. S. V. Krishnan: Thank you. Thank you, Palak. Good morning to all of you. As Palak said, from the time we started SSG as a vertical and started reporting to -- in the market, there has been constant queries on various aspects. What are we trying to do? How urgent is this? How is this industry moving? And who else are in this space, what investments are getting done? What can be the expected returns? There are lots of questions. We have been waiting for having this SSG Day for quite some time. It's good that we have got sufficient content to share it with you where we are, what's our thought process? I hope -- this exercise will help you to understand all your queries. If at all, if there are any, of course, we are going to have a Q&A, as Palak said, in the end, and we will try to answer as much as possible. I just have one slide to start with. This captures broadly the financial performance of SSG as a vertical in the last about 1 year. As it is, SSG is a $2.2 billion business at the global level for us. And it has grown for last year at about 29%. Just now Palak said 37%. I just want to correct that 37% is basis Indian rupee reporting, where the U.S. dollar gets converted into Indian rupees, which has an advantage because of the depreciation last year, what's given here, all numbers are in dollars. So what we have done is we have retained the U.S. dollar. We have converted the Indian rupees to U.S. dollar. So we have a slight disadvantage. But directionally, I think this will give you a perspective that it's a high-growth segment, has grown at 29% in terms of revenue and the gross margin has grown at about 17%. More than that, the contribution of this vertical to the overall revenue of Redington Group for last year was 17%. I just want to remind you, 2 years back, that was about 12%. So very clearly, even though the base business is also growing at a good pace, here is a case where this segment Page 2 of 33 Information Classification: RL\General Business\Third Party Redington Limited June 17, 2026 is growing at a much faster pace, and that's contributing to the overall growth of the company, and that's also increasing their contribution. While for the last 3 years, we have grown 2x in this 3-year period. Our expectation -- internal expectation in the next 3 years, we should be more than doubling our revenue in the next 3 years because of various actions that we have undertaken in the last 1, 1.5 years, and we had planned to do, which we are going to share this thing today. This SSG is split into four business verticals broadly. One is software, which contributes 40% to the revenue -- SSG revenue; the cloud, which contributes about 33%; security products, which contributes about 27% and services has a very marginal contribution as we speak now sub-1%. But we think that's an area where there is scale that's going to come up, and it also has a superior margin profile. As you all know, we have had cloud getting reported for many years in the past as CSG. When we started reporting, the growth rate used to be about 20%. Then it moved to 30%, then to 40%. What we are able to now consistently see is a 40% to 50% growth in the cloud space, and we think it's mainly because of the focus and the tracking that we started doing in this business. That's one of the reasons why we started declaring SSG as a vertical and started tracking. In our view, it has the potential to grow, like I said, in the case of cloud, even overall SSG. That's what is the key. Overall, as an industry, very clearly, the hardware industry is more -- moving towards more and more of software. Hence, we thought this need to get focused. The key aspect, unlike in the hardware business where the relationship is more transactional, there is an order, we supply the material, we give the credit, we collect the money, the transaction gets consummated closed. That's not the case in the case of SSG. Here, it is more an annuity business, recurring business. About 74 percentage of our last year revenue is recurring. You can say very clearly, every product category, the recurring revenue is quite sizable. And this used to be 72% in the previous year. We expect this trend to keep going up. Four key aspects why we think SSG is an important vertical. One, there is predictability in the business, higher growth, higher profitability, of course, adjusted for the investments and higher return on capital employed. Some key highlights for last year. SSG as a vertical that we had formed at the global level, unlike in the rest of the businesses, MSG, TSG and ESG, where it is more at the country level, we have got a global team, which drives strategy, best practices, building capabilities, investing into the future and also tracking the [Showing first 8,000 characters — download PDF for full document]