Investor Presentation

Ref. No.: Ethos/Secretarial/2026-27/37 Dated: August 3, 2026 Corporate Service Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra, Mumbai – 400001 Mumbai - 400051 Scrip Code: 543532 Trading Symbol: ETHOSLTD ISIN: INE04TZ01018 Subject: Investor presentation on the Unaudited Financial Results for the quarter ended June 30, 2026 Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Investor presentation on the Unaudited Financial Results for the quarter ended June 30, 2026. The above information will also be available on the website of the Company. You are requested to please take on record the above-mentioned information for your reference and further needful. Thanking You, Sincerely, For Ethos Limited Priya Grover Company Secretary & Compliance Officer Encl: as below EETTHHOOSS LLIIMMIITTEEDD IInnvveessttoorr PPrreesseennttaattiioonn QQ11 FFYY2277 ||33rrddAAuugguusstt 2266 I Safe Harbor 2 This presentation and the accompanying slides (the “Presentation”), which has been prepared by Ethos Limited, a material subsidiary of KDDL Limited, solely for informationpurposesanddonotconstituteanyoffer,recommendationorinvitationtopurchaseorsubscribeforanysecuritiesandshallnotformthebasisorberelied oninconnectionwithanycontractorbindingcommitmentwhatsoever.NoofferingofsecuritiesoftheCompanywillbemadeexceptbymeansofastatutoryoffering documentcontainingdetailedinformationabouttheCompany. ThisPresentationhasbeenpreparedbytheCompanybasedoninformationanddatawhichtheCompanyconsidersreliable,buttheCompanymakesnorepresentation orwarranty,expressorimplied,whatsoever,andnorelianceshallbeplacedon,thetruth,accuracy,completeness,fairnessandreasonablenessofthecontentsofthis Presentation.ThisPresentationmaynotbeallinclusiveandmaynotcontainalloftheinformationthatyoumayconsidermaterial.Anyliabilityinrespectofthecontents of,oranyomissionfrom,thisPresentationisexpresslyexcluded. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertaintiesandassumptionsthataredifficulttopredict.Theserisksanduncertaintiesinclude,butarenotlimitedto,theperformanceoftheIndianeconomyandof theeconomiesofvariousinternationalmarkets,theperformanceoftheindustryinIndiaandworld-wide,competition,thecompany’sabilitytosuccessfullyimplement itsstrategy,theCompany’sfuturelevelsofgrowthandexpansion,technologicalimplementation,changesandadvancements,changesinrevenue,incomeorcashflows, theCompany’smarketpreferencesanditsexposuretomarketrisks,aswellasotherrisks.TheCompany’sactualresults,levelsofactivity,performanceorachievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking informationcontainedinthisPresentation.Anyforward-lookingstatementsandprojectionsmadebythirdpartiesincludedinthisPresentationarenotadoptedbythe CompanyandtheCompanyisnotresponsibleforsuchthird-partystatementsandprojections. Q1 FY’27 Performance I Ethos at a Glance 4 103 Boutiques* Watch Lifestyle 85+ Brands Exclusive Presence State + UT City *As on 3rdAugust2026 I Management Commentary 5 Commenting on the Results by Mr. Pranav Saboo – MD & CEO “We have commenced FY27 on a strong note, delivering consolidated revenue of ₹461.7 crore in Q1 FY27, growing 33.3% YoY. This performance underscores the continued resilience of luxury demand in India, anchored by the strength of our brand portfolio, disciplined execution, and our consistent focus on elevating the customer experience across formats. We are satisfied with this performance,delivered in the midst of an ongoing investment cycle that we intend to continue as we build for the long term. Our expansion momentum remained a key growth driver during the quarter, further consolidating our leadership in India’s luxury retail landscape. Our boutique network grew from 94 boutiques across 30 cities at the end of FY26 to 103 boutiques across 34 cities as on date, crossing the 100-boutique milestone —with four new market entries during the quarter: Agra, Faridabad, Amritsar and Visakhapatnam, further strengthening our presence in high-potential markets. Going forward, our focus remains on continued expansion while strengthening the base we have built, deepening our presence in existing markets even as we enter new ones. SilvercityBrands AG sustained strong momentum across global markets during the quarter. Building on its launch at Geneva Watch Days Aug’24, the brand made its debut at Watches and Wonders Geneva in Apr’26 —one of only 66 exhibiting maisons, and among the small group of first-time entrants admitted this year. Securing a place at the industry’s most selective salon within approximately 18 months of relaunch is a significant external validation of the brand’s positioning and its long-term potential. Ethos Lifestyle reflects our strategy of extending our retail infrastructure to serve aspiring Indian customers in more ways.Weremain focused on selectively onboarding global brands that complement our existing portfolio and further strengthen our position as India’sleading luxury retailer. We are in the process of developing new concepts and IP within this space and remain confident in the long-term opportunity it presents. As we continue our growth journey, we remain focused on disciplined execution, growth and sustainable value creation for all stakeholders.” I Key Highlights Q1FY’27 –Without IND AS 116 6 *As on 3rdAugust 2026 EUNEVER Rs 450.5 Cr +30.1% YoY ADTIBE *TBP Standalone Consolidated Opened Boutiques* New Brands Added Rs 461.7 Cr Exclusive Multi Brand 6 Watches +33.3% YoY Average Selling Price Same Store Sales Growth Rs 49.7 Cr Rs 53.1 Cr (ASP) (SSSG) +35.4% YoY +45.0% YoY 13.2% Rs. 2.26 Lacs *Note PBT Q1 FY’27 Amount (Rs. Cr.) Remarks Ethos Standalone 41.0 Rs 41.0 Cr Rs 42.2 Cr Ethos Lifestyle 2.9 Total PBT 43.9 Q1 FY’26 INR 30.9 Cr. YOY growth 43.9% +34.4% YoY +44.9% YoY SilvercityEthos Share One time expenses -Participation in Watches & Wonder -1.6 (33.88%) 2026 included in Q1FY27 Others -0.1 Consolidated PBT 42.2 I Financial Summary | Consolidated Performance Snapshot | Without IND AS 116 7 All Figures in Rs. Crs. Revenue from operations EBITDA EBITDA Margins PBT* +33.3% +45.0% +44.9% 461.7 53.1 42.2 11.2% Q1FY27 346.3 36.6 10.4% 29.1 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Revenue from operations EBITDA EBITDA Margins PBT* +28.8% +13.5% +4.0% 1,612.2 182.7 12.6% 140.8 146.5 161.0 11.0% 1,251.6 FY26 FY25 FY26 FY25 FY26 FY25 FY26 FY25 FY26 • FY’27 -PBT is after adjustment of loss from associates (Pasadena and SilvercityBrands AG ) in Q1’27 for Rs. -1.6 Cr. • FY’26 -PBT is after adjustment of loss from associates (Pasadena and Silvercity Brands AG ) in FY’26 for Rs. -4.4 Cr, Also, post adjustment towards the Statutory impact of New Labourcodes of Rs 1.8 Cr I Financial Summary | ConsolidatedPerformance Snapshot (Reported) 8 All Figures in Rs. Crs. Revenue from operations EBITDA EBITDA Margins PAT after MI* +33.3% +44.1% 47.9% 461.7 74.8 28.1 14.8% 15.7% 19.1 Q1FY27 346.3 52.0 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Revenue from operations EBITDA EBITDA Margins PAT after MI* +28.8% +18.5% -1.5% 1,612.2 254.0 16.8% 96.3 94.8 15.3% 214.4 1,251.6 FY26 FY25 FY26 FY25 FY26 FY25 FY26 FY25 FY26 *MI –Minority Interest in Ethos Lifestyle. FY’27 -PBT is after adjustment of loss from associates (Pasadena and SilvercityBrands AG ) in Q1’27 for Rs. -1.6 Cr FY’26 -PBT is after adjustment of loss from associates (Pasadena and Silvercity Brands AG ) in FY’26 for Rs. -4 [Showing first 8,000 characters — download PDF for full document]