Update on the allotment of Compulsorily convertible Preference Shares by a subsidiary company

June 23, 2026 To To The Secretary, The Manager, Listing Department, Listing Department, BSE Limited, The National Stock Exchange of India Ltd, 1st Floor, Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai 400001. Bandra (East), Mumbai 400051. Scrip Code: 540975 Scrip Symbol: ASTERDM Dear Sir/ Madam, Sub: Update on the allotment of Compulsorily Convertible Preference Shares (“CCPS”) by a subsidiary company Ref: Our letter dated February 26, 2026, read with Regulation 30(7) SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Further to our letter dated February 26, 2026, and pursuant to Regulation 30(7) of the Listing Regulations, we wish to submit that the Board of Directors of Aster DM Super-Specialty Hospital (Sarjapur) Private Limited (“Sarjapur Entity”), at its meeting held today i.e., June 23, 2026, has allotted 12,00,000 fully paid-up Series A CCPS of face value of Rs. 50/- each, and 34,30,000 partly paid-up Series B CCPS of face value Rs. 50/- (paid- up amount INR 5/-), to certain identified investors, on a preferential basis by way of private placement, for consideration, on the terms and conditions as approved by the shareholders of Sarjapur Entity. Both Series A CCPS and Series B CCPS will, as on date, have a conversion ratio such that each CCPS shall convert into a maximum of up to 5 equity shares of Sarjapur Entity. Further, please note that Sarjapur Entity is looking to raise further capital and is in the process of finalizing other investors to whom certain other CCPS may be issued in due course (“Additional Investment”). Our shareholding in Sarjapur Entity will not go below 75% of the share capital (on an as-if converted basis), upon the conversion of the aforesaid allotted Series A CCPS, Series B CCPS, and Additional Investment. We request you to kindly take the above information on record. Thanking you, For Aster DM Healthcare Limited Hemish Purushottam Company Secretary and Compliance Officer M. No. A24331