Clarification regarding determination of Appreciation amount under the proposed Dhanuka Stock Appreciation Rights Plan, 2026

Date: 30th July, 2026 Listing Department The Department of Corporate Services- National Stock Exchange of India Limited Listing Exchange Plaza, BSE Ltd. Plot No. C/1, G. Block, Phiroze Jeejeebhoy Towers, Bandra- Kurla Complex, Dalal Street, Bandra East, Mumbai-400 051 Mumbai- 400 001 Symbol- DHANUKA S c r i p C o d e : 5 0 7 7 1 7 Subject: Clarification regarding determination of Appreciation Amount under the Proposed Dhanuka Stock Appreciation Rights Plan, 2026 Dear Sir/Madam, In view of the discussions and clarifications sought by certain proxy advisory firms in relation to the proposed Dhanuka Stock Appreciation Rights Plan, 2026 ("SAR 2026"), the Company hereby provides the following clarification regarding the methodology for determination of the appreciation amount payable under the Plan: Each SAR exercised by a Participant shall entitle the Participant to receive an amount in cash equal to the appreciation in the value of the underlying Equity Share, determined in accordance with this SAR Plan. (a) Determination of Appreciation Amount The appreciation amounts payable in respect of each SAR exercised shall be calculated as follows: Appreciation Amount = (Fair Market Value as on the date of Exercise of SAR – Exercise Price) × Number of SARs Exercised Where, exercise price shall not be less than the closing Market Price of the Shares on the date of grant, where higher number of shares have traded on such date of grant. Registered & Corporate Office: Global Gateway Towers, Near Guru Dronacharya Metro Station, MG Road, Gurugram-122002, Haryana Tel: +91-124-434-5000, Email: headoffice@dhanuka.com, Website: www.dhanuka.com CIN: L24219HR1985PLC122802 The aforesaid information is also available on the website of the Company at www.dhanuka.com under the Investors section. This is for your information and records. Thanking you, Yours Faithfully For Dhanuka Agritech Limited Jitin Sadana Company Secretary and Compliance Officer FCS-7612 Registered & Corporate Office: Global Gateway Towers, Near Guru Dronacharya Metro Station, MG Road, Gurugram-122002, Haryana Tel: +91-124-434-5000, Email: headoffice@dhanuka.com, Website: www.dhanuka.com CIN: L24219HR1985PLC122802