Business Responsibility and Sustainability Report for FY2025-26.

FSN E-Commerce Ventures Limited August 01, 2026 National Stock Exchange of India Limited BSE Limited Symbol: NYKAA Scrip Code: 543384 Dear Sir / Madam, Sub: Business Responsibility and Sustainability Report for the Financial Year 2025-26 Pursuant to Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations 2015, please find enclosed herewith the Business Responsibility and Sustainability Report (“BRSR”) of the Company for the financial year 2025-26 which also forms part of the Integrated Annual Report of the Company for the financial year 2025-26. The BRSR is also available on the website of the Company at www.nykaa.com/annual-report/lp. This is for your information and records. Thanking You, Yours faithfully, For FSN E-Commerce Ventures Limited Dr. Chetan Sharma Company Secretary & Compliance Officer Encl: as above Registered Office: 104 Vasan Udyog Bhavan | Sun Mill Compound | S. B. Marg | Tulsi Pipe Road | Lower Parel (W) | Mumbai – 400013 Website: www.nykaa.com | Phone: +91 22 6838 9616 | Email – nykaacompanysecretary@nykaa.com CIN: L52600MH2012PLC230136 Business Responsibility & Sustainability Report 1 Annexure - VII BUSINESS RESPONSIBILITY & SUSTAINABILITY REPORT SECTION A: GENERAL DISCLOSURES 10. Name of the Stock Exchange(s) where shares are I. Details of the listed entity listed 1. Corporate Identity Number (CIN) of the Listed Entity  Bombay Stock Exchange Limited (BSE) L52600MH2012PLC230136  National Stock Exchange of India Limited (NSE) 2. Name of the Listed Entity 11. Paid-up Capital (as on 31st March, 2026) FSN E-Commerce Ventures Limited  2,86,32,27,356 3. Year of incorporation 12. Name and contact details (telephone, email address) April 24, 2012 of the person who may be contacted in case of any queries on the BRSR report 4. Registered office address Mr. P. Ganesh, CFO 104, Vasan Udyog Bhavan, Sun Mill Compound, Tulsi Email: nykaacompanysecretary@nykaa.com Pipe Road, Lower Parel, Mumbai 400 013, Maharashtra, India. Tel: + 91 022 6838 9616 5. Corporate address 13. Reporting boundary - Are the disclosures under A2 ,4th Floor, Cnergy IT Park, Appasaheb Marathe Marg, this report made on a standalone basis (i.e. only for Opposite Tata Motors, Prabhadevi, Mumbai 400025, the entity) or on a consolidated basis (i.e. for the Maharashtra, India. entity and all the entities which form a part of its consolidated financial statements, taken together). 6. E-mail We have considered FSN E-Commerce Ventures nykaacompanysecretary@nykaa.com Limited and its subsidiary Nykaa E-Retail Limited (‘E-Retail’) for the purpose of disclosures under this 7. Telephone report, collectively referred to as ‘Company’ or ‘Nykaa’. 022-68389616 14. Name of assurance provider 8. Website TUV India Pvt.Ltd. https://www.nykaa.com/ 15. Type of assurance obtained 9. Financial year for which reporting is being done Reasonable Assurance in line with ISAE 3000 (Revised) April 1, 2025 – March 31, 2026 II. Products/services 16. Details of business activities (accounting for 90% of the turnover): S. Description of Main Activity Description of Business Activity % of Turnover of No. the entity 1. Retail sale via e-commerce The Company is engaged in the 85% business of selling & distribution 2. Marketing support and marketplace service 10% of beauty, fashion and wellness 3. Wholesale of cosmetics, Fashion Apparels (Offline - Own Brands, 5% products on the online platforms Imported Brands, Other Brands) or websites such as e-commerce, m-commerce, intranet, and offline channel such as Stores. 17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover): S. Product/Service NIC Code % of total Turnover No. contributed 1. Retail sale via e-commerce 52512 95% 2. Wholesale of cosmetics, Fashion Apparels (Offline - Own 51391 5% Brands, Imported Brands, Other Brands) 2 Integrated Report 2025-26 FSN E-Commerce Ventures Limited III. Operations 18. Number of locations where plants and/or operations/offices of the entity are situated: Location Number of plants Number of offices Total National Not Applicable 75* 75 International Not Applicable *Includes 31 Warehouses, 7 Office Clusters, and 37 Rapid Stores. 19. Markets served by the entity: a. Number of locations Locations Number National (No. of States) Pan India International (No. of Countries) Not Applicable b. What is the contribution of exports as a percentage of the total turnover of the entity? Nil, the Company has a separate subsidiary (FSN International) which deals with exports. c. A brief on types of customers Nykaa leverages an omnichannel strategy encompassing e-commerce, mobile commerce, and physical retail to cater to the growing demand for beauty, fashion and personal care (BPC) products among tech-savvy consumers in India, with a particular focus on Gen Z and millennial demographics. IV. Employees 20. Details as at the end of Financial Year: a. Employees and Workers (including differently abled) : S. Particulars Total Male Female No. (A) No. (B) % (B / A) No. (C) % (C / A) Employees 1 Permanent (D) 2,028 1,360 67.06% 668 32.94% 2 Other than Permanent (E) 893 153 17.13% 740 82.87% 3 Total employees (D + E) 2,921 1,513 51.80% 1,408 48.20% Workers 4 Permanent (F) - - - - - 5 Other than Permanent (G) 8,567 8,024 93.66% 543 6.34% 6 Total workers (F + G) 8,567 8,024 93.66% 543 6.34% b. Differently abled Employees and Workers : S. Particulars Total Male Female No. (A) No. (B) % (B / A) No. (C) % (C / A) Differently abled employees 1 Permanent (D) - - - - - 2 Other than Permanent (E) - - - - - 3 Total differently abled employees (D + E) - - - - - Differently abled workers 4 Permanent (F) - - - - - 5 Other than Permanent (G) - - - - - 6 Total differently abled workers (F + G) - - - - - Business Responsibility & Sustainability Report 3 21. Participation/Inclusion/Representation of women Total No. and percentage of Females (A) No. (B) % (B / A) Board of Directors 11 3 27.27% Key Management Personnel 5 2 40% 22. Turnover rate for permanent employees and workers (Disclose trends for the past 3 years) FY 2025-2026 FY 2024-2025 FY 2023-2024 Male Female Total Male Female Total Male Female Total Permanent Employees 29% 40% 32% 26% 38% 30% 26% 40% 31% Permanent Workers - - - - - - - - - Turnover figures for the previous reporting period have been restated to align with the current year’s reporting methodology and presentation, ensuring comparability across reporting periods. V. Holding, Subsidiary and Associate Companies (including joint ventures) 23. (a) Names of holding / subsidiary / associate companies / joint ventures S. Name of the holding / Indicate whether % of shares held Does the entity indicated in column No. Subsidiary / associate companies/ joint holding/ Subsidiary/ by listed entity A participate in the Business ventures (A) Associate/ Joint Responsibility initiatives of the Venture listed entity? (Yes/No) 1 Nykaa E-Retail Limited Direct Subsidiary 100.00% Yes 2 FSN Brands Marketing Private Limited Direct Subsidiary 100.00% No 3 Nykaa-KK Beauty Private Limited Direct Subsidiary 51.00% No 4 Nykaa Fashion Limited Direct Subsidiary 100.00% No 5 FSN International Limited Direct Subsidiary 100.00% No 6 FSN Distribution Limited Direct Subsidiary 100.00% No 7 Dot & Key Wellness Limited (formerly Direct Subsidiary 90.06% No “Dot & Key Wellness Private Limited”) 8 Nudge Wellness Private Limited Direct Subsidiary 100.00% No 9 Earth Rhythm Private Limited Direct Subsidiary 75.83% No 10 Nykaa Essentials Private Limited Direct Subsidiary 100.00% No 11 Nykaa Foundation Direct Subsidiary 100.00% No 12 FSN Global FZE Step down Subsidiary 100.00% No 13 Nykaa International UK Limited Step down Subsidiary 100.00% No 14 Nessa International Holdings Limited Step down Subsidiary 55.00% No 15 Nysaa Beauty LLC Step down Subsidiary 55.00% No 16 Nysaa International for Wholesale and Step down Subsidiary 55.00% No Retail Trade Co. SPC 17 Nysaa Cosmetic Trading Step [Showing first 8,000 characters — download PDF for full document]