Summary of Proceedings of the 32nd Annual General Meeting held on August 04, 2026

August 04, 2026 The Secretary The Secretary BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot no. C/l Dalal Street, G Block, Bandra-Kurla Complex Mumbai- 400 001 Bandra (E), Mumbai - 400 051 BSE Scrip Code: 532348 NSE Symbol: SUBEXLTD Dear Sir/Madam, Sub: Summary of Proceedings of the 32nd Annual General Meeting held on August 04, 2026 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed a summary of proceedings of the 32nd Annual General Meeting of the Company held today, Tuesday, August 04, 2026, at 2:00 PM (IST) through Video Conference/ Other Audio-Visual Means. Kindly take the same on record. Thanking you, Yours faithfully, For Subex Limited Ramu Akkili Company Secretary & Compliance Officer Encl: as above SUMMARY OF PROCEEDINGS OF THE THIRTY SECOND ANNUAL GENERAL MEETING “AGM” OF SUBEX LIMITED “THE COMPANY”, HELD ON TUESDAY, AUGUST 04, 2026, AT 2:00 P.M. (IST) THROUGH VIDEO CONFERENCE/ OTHER AUDIO-VISUAL MEANS “VC/OAVM” The 32nd Annual General Meeting(‘AGM’) of the Members of the Company was held on Tuesday, August 04, 2026, at 2:00 PM (IST) through Video Conference/Other Audio-Visual Means(‘VC/OAVM’). The meeting was held in compliance with the General Circular No. 03/2025 dated September 22, 2025 issued by Ministry of Corporate Affairs (MCA) (“MCA Circular”) and the applicable provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Ramu Akkili, Company Secretary & Compliance Officer welcomed the Shareholders to the 32nd Annual General Meeting of the Company. Thereafter, he requested the Board of Directors to elect the Chairperson for the Annual General Meeting. All the Directors unanimously elected Mr. Murali Kalyanaraman, as the Chairman for the AGM. Mr. Ramu Akkili, Company Secretary & Compliance Officer, informed the participants that the requisite quorum is present and requested the Chairman to commence the proceedings of the meeting. Mr. Murali Kalyanaraman, Chairman, welcomed the shareholders participating in the meeting through VC and introduced the Directors and Key Managerial Personnel, (KMP’) who had joined the meeting from their respective locations. On the requisite quorum being present, called the Meeting to order. He stated that the Company had made all the feasible efforts to enable shareholders to participate and vote on the items being considered at the meeting and thanked the participants for joining the meeting virtually. Directors and KMPs Present through Video Conference: 1. Ms. Nisha Dutt – Managing Director & CEO 2. Mr. Rupinder Goel – Independent Director 3. Mr. Murali Kalyanaraman – Independent Director 4. Mr. Venkata Erinti Narayana – Independent Director 5. Mr. Alok Ohrie – Independent Director 6. Mr. Stephane Raymond Marie Le Letty – Non-Executive and Non- Independent Director 7. Mr. Sumit Kumar – Chief Financial Officer 8. Mr. Ramu Akkili - Company Secretary & Compliance Officer Mr. Murali Kalyanaraman, Chairman, confirmed the presence of the Chairman of the Audit Committee, Nomination & Remuneration Committee and Stakeholders’ Relationship Committee at the AGM through Video Conference. The Chairman informed the Shareholders that the representatives of M/s. MSKC & Associates LLP, Statutory Auditors; M/s. RSM Astute Consulting Private Limited, Internal Auditors; M/s. V. Sreedharan & Associates, Secretarial Auditors and M/s. BMP & Co. LLP, Scrutinizer for the e-voting (conducted prior to and during the AGM) were also present at the Meeting through 48 Members attended the AGM through video conferencing/other audio-visual means. Mr. Ramu Akkili, Company Secretary & Compliance Officer briefed the shareholders on the details relating to their participation at the Meeting through Other Audio-Visual Means. He informed the Members that electronic copy of the Annual Report for FY26 and Notice convening the 32nd AGM were sent to Members by e-mail on their registered e-mail ID. He informed the members that in compliance with the MCA Circular, the physical attendance of members had been dispensed with and hence the requirement of appointing proxies was not applicable. Mr. Ramu Akkili, then apprised the Members on the guidelines for e-voting at the meeting on the resolutions, details of the Scrutinizer, submission of voting results and advice to those Members who had registered themselves as speaker at the AGM. Thereafter, at the request of the Chairman, Ms. Nisha Dutt, Managing Director & CEO addressed the shareholders and provided them with the highlights of the financial performance, Business, Initiatives, and other important updates of the Company. Further, Mr. Ramu Akkili informed the shareholders about the Registers as required under the Companies Act, 2013, that were available for inspection electronically by the Members and e-voting facilities provided by National Securities Depository Limited (‘NSDL’). With the consent of the Shareholders present, the Notice convening the AGM and the Auditor's Report for the year ended March 31, 2026, were taken as read. Mr. Ramu Akkili informed the shareholders that there were no qualifications or adverse remarks in the Statutory and Secretarial Auditor's Reports that required specific clarification. Members were briefed on the agenda items for the meeting and the following items of business, as provided in the notice of the AGM, were transacted at the meeting: ORDINARY BUSINESS: 1. To consider and adopt the Audited Financial Statements (including Audited Consolidated Financial Statements) for the financial year ended March 31, 2026, together with the Report of the Board of Directors and Auditors thereon. 2. To appoint a Director in place of Ms. Nisha Dutt (DIN: 06465957), who retires by rotation and being eligible, offers herself for re-appointment. SPECIAL BUSINESS: 3. To re-appoint Mr. Rupinder Goel (DIN: 02693178) as an Independent Director of the Company for a second term. The Chairman informed the shareholders that Mr. Pramod S.M. (Membership No.7834), Partner, BMP & Co, LLP, Company Secretaries, was appointed as the Scrutinizer to scrutinize the e-voting process in a fair and transparent manner. Further, he stated that the consolidated voting results would be disseminated to the Stock Exchanges (BSE & NSE) on which the Company's shares are listed and will also be made available on the website of the Company at www.subex.com and NSDL at https://www.evoting.nsdl.com/ within two working days of the of the conclusion of the meeting. Thereafter, shareholders who registered themselves as speakers were given an opportunity to ask questions and seek clarification(s). Clarifications were provided to the shareholders on the queries raised in the meeting. Post the Q & A session, the Company Secretary carried out the e-voting process. The e-voting facility made available at the meeting was kept open for the next 30 (thirty) minutes to enable the shareholders to cast their vote. The Chairman thanked the shareholders for their continued support, and for attending and participating in the meeting virtually. He also thanked the Directors for attending the meeting. The meeting commenced at 02:00 P.M. (IST) and concluded at 03.02 P.M. (IST) (excluding time allowed for e-voting at AGM). Yours faithfully, For Subex Limited Ramu Akkili Company Secretary & Compliance Officer