Intimation for entering into Binding Memorandums of Understanding for availing of premises on lease enclosed

August 5, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza Corporate Relationship Department Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (East), Dalal Street, Fort, Mumbai 400 051. Mumbai 400 001. Scrip Code: CHALET Scrip Code: 542399 (Equity Shares) 976529 (Non-Convertible Debentures) Dear Sir/ Madam, Subject: Binding Memorandums of Understanding Ref.: Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) Pursuant to the provisions of Regulations 30 and 51 read with Schedule III of the Listing Regulations, this is to inform you that the Company has entered into two binding Memorandums of Understanding with two SPVs of Mindspace Business Parks REIT for availing of the following premises on long-term lease: Location Pune Hyderabad Type of Lease Arrangement Grey Shell Warm Shell (including the structure without (including the structure, façade façade & high-side MEP) and high-side MEP; conversion of existing office building) Proposed number of rooms 231 150 Proposed Positioning / Brand Upper Upscale Upper Upscale ATHIVA® ATHIVA® Period within which the FY2030-31 FY2028-29 proposed capacity is to be added Investment required Rs.10.8 Million per key Rs.13.5 Million per key (Cost of fit-out) Mode of financing Combination of internal accruals and debt Rationale This is in line with the investment and expansion strategy of the Company. We request you to take the aforementioned information on record. Thanking You. Yours faithfully, For Chalet Hotels Limited Christabelle Baptista Company Secretary and Compliance Officer Chalet Hotels Limited Regd. Off. : Raheja Tower, Plot No.C-30, Block ‘G’, Next to Bank of Baroda, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051. Website: www.chalethotels.com Email: companysecretary@chalethotels.com Phone: +91-22-2656 4000 Fax: +91-22-2656 5451, CIN: L55101MH1986PLC038538