Monitoring Agency Report

REF: SWIGGY/SE/2026-27/40 July 30, 2026 To, To, The Deputy Manager The Manager Department of Corporate Services National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/1, G Block Bandra- PJ Towers, Dalal Street, Mumbai - 400001 Kurla Complex, Bandra (E), Mumbai - 400051 Scrip Code: 544285 Symbol: SWIGGY Dear Sir/ Madam, Subject: Monitoring Agency Reports for the quarter ended June 30, 2026. Pursuant to Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), read with Regulation 41 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, we hereby submit the Monitoring Agency Reports dated July 30, 2026 issued by CRISIL Ratings Limited, Monitoring Agency, for the quarter ended June 30, 2026, in respect of utilization of proceeds of the Initial Public Offer (“IPO”) and the Qualified Institutional Placement (“QIP”) of the Company. The said reports for the quarter ended June 30, 2026, are duly reviewed by the Audit Committee of the Company and approved by the Board at its meeting held on Thursday, July 30, 2026, and the same are enclosed herewith. The above information will be made available on the website of the Company: https://www.swiggy.com/corporate/ Kindly take the same on record. Thanking you, Yours faithfully, For Swiggy Limited Cauveri Sriram Company Secretary & Compliance Officer SWIGGY LIMITED CIN: L74110KA2013PLC096530 | www.swiggy.com | support@swiggy.in | T: 080-68422422 Registered & Corporate Office: Sumadhura Capitol Towers, 3rd- 6th Floor – Tower 1, Sy. No. 14 & 158, Pattanduru Agrahara, K R Puram Hobli, Bengaluru East Taluk, Bengaluru, Karnataka – 560066 Monitoring Agency Report Swiggy Limited for the quarter ended June 30, 2026 CRL/MAR/BTPLB10/2026-27/1910 July 30, 2026 Swiggy Limited Sumadhura Capitol Towers, 3rd – 6th Floor, Tower 1, Sy No. 14 & 158, Pattandaru Agrahara K.R Puram Hobli, Bengaluru East Taluk Bengaluru, Karnataka 560066 Dear Sir, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Initial Public Offer (“IPO”) of Swiggy Limited (“the Company”) Pursuant to Regulation 41(2) of SEBI (lssue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”) and Monitoring Agency Agreement dated October 23, 2024, enclosed herewith the Monitoring Agency Report, issued by Crisil Ratings Limited, Monitoring Agency, as per Schedule XI of the SEBI ICDR Regulations towards utilization of proceeds of IPO for the quarter ended June 30, 2026. Request you to kindly take the same on records. Thanking you, For and on behalf of Crisil Ratings Limited Shounak Chakravarty Director, Ratings (LCG) Report of the Monitoring Agency (MA) Name of the issuer: Swiggy Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency: Crisil Ratings Limited (a) Deviation from the objects: Not applicable (b) Range of Deviation: Not applicable Declaration: We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensation for its ratings and certain credit-related analyses. We confirm that we do not perceive any conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer. We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, where applicable. There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the Issuer’s Management / Audit Committee of the Board of Directors subsequent to the MA submitting their report to the issuer and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA takes no responsibility for such comments of the issuer’s Management/Board. Signature: Name and designation of the Authorized Signatory: Shounak Chakravarty Designation of Authorized person/Signing Authority: Director, Ratings (LCG) 1) Issuer Details: Name of the issuer: Swiggy Limited Names of the promoter: NA Industry/sector to which it belongs: E-Retail/ E-Commerce 2) Issue Details Issue Period: Wednesday, November 6, 2024 to Friday, November 8, 2024 Type of issue (public/rights): Initial Public Offer (IPO) Type of specified securities: Equity Shares IPO Grading, if any: NA Issue size: Rs 1,13,274.27 million (Fresh issue - Rs 44,990.00* million and OFS of Rs 68,284.27 million) *Note: Particulars Amount (Rs. million) Gross proceeds of the Fresh Issue 44,990.00# Less: Issue Expenses 1,400.18 Net Proceeds 43,589.82 #Crisil Ratings shall be monitoring the gross proceeds. 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information/ Comments Comments of the certifications considered of the Particulars Reply Monitoring by Monitoring Agency Board of Agency for preparation of report Directors Proceeds are utilised towards objects disclosed in the Offer Document Management viz Investment in undertaking, Peer Material Whether all utilization is as per the reviewed Independent Subsidiary, No disclosures in the Offer Yes chartered accountant Scootsy, Investment Comments Document? certificate^, Prospectus, in technology and Bank Statements cloud infrastructure, Brand marketing and business promotion. Source of information/ Comments Comments of the certifications considered of the Particulars Reply Monitoring by Monitoring Agency Board of Agency for preparation of report Directors Whether shareholder approval has been obtained in case of material deviations from NA No Comments Comments expenditures disclosed in the Offer Document? Whether the means of finance for the disclosed objects of the issue No No Comments Comments has changed? Is there any major deviation observed over the earlier NA No Comments Comments monitoring agency reports? Whether all Government/statutory approvals No NA No Comments related to the object(s) have been Comments Management obtained? undertaking, Peer reviewed Independent Whether all arrangements chartered accountant pertaining to technical No NA certificate^ No Comments assistance/collaboration are in Comments operation? Are there any favorable events improving the viability of these No No Comments Comments object(s)? Are there any unfavorable events affecting the viability of the No No Comments Comments object(s)? Is there any other relevant information that may materially No No No Comments affect the decision making of the Comments investors? NA represents Not Applicable ^Based on Certificate dated July 14, 2026, issued by M/s Manian & Rao, Chartered Accountants (Firm Registration Number:001983S), Peer reviewed Independent chartered accountant. 4) Details of object(s) to be monitored: i. Cost of the object(s): Original Comments of the Board of Directors Source of cost [Showing first 8,000 characters — download PDF for full document]