Pursuant to Regulation 32 of SEBI (LODR) Regulations, 2015 we hereby confirmed that there is no deviation or variation in utilization of proceeds from the issue for the quarter ended 30th June 2026.

Date: 05th August, 2026 The Manager Lis(cid:415)ng Compliance Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai 400 051 Scrip Code: 544636 Sub: Submission of Statement of No Devia(cid:415)on or Varia(cid:415)on under Regula(cid:415)on 32 of SEBI (LODR) Regula(cid:415)ons, 2015 for the quarter ended 30th June, 2026. Dear Sir / Madam, With reference to subject ma(cid:425)er and pursuant to Regula(cid:415)on 32 of the SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015 read with SEBI circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, we hereby confirmed that there is no devia(cid:415)on or varia(cid:415)on in the u(cid:415)liza(cid:415)on of proceeds from the issue for the quarter ended 30th June, 2026. The statement has been reviewed by Audit commi(cid:425)ee of the Company and taken on record by the Board of Directors at their respec(cid:415)ve mee(cid:415)ngs held on 05th August, 2026. The Cer(cid:415)ficate for fund u(cid:415)liza(cid:415)on received from KVMS and Company, Chartered Accountant is enclosed herewith. This is for your informa(cid:415)on and record. Thanking you, For and on behalf of Western Overseas Study Abroad Limited Shru(cid:415) Gupta Company Secretary K V M S AND COMPANY (formerly knows as Singla Mandeep & Associates) Chartered Accountants H.O #22, New partap Nagar, Near Vita Booth, Ambala City, Haryana Ph:-(+91) (171) 2551507, (+91) 9896099207,7988139601 E-Mail:casinglamandeep@gmail.com Ref. No. KVMS/2026-2027/52 Date:03.08.2026 CERTIFICATE ON UTILISATION OF ISSUE PROCEEDS OF INITIAL PUBLIC OFFER (IPO). We hereby certify that we have examined the books of account, bank statements and other relevant records of Western Overseas Study Abroad Limited for the purpose of verifying the utilization of funds raised through its Initial Public Offer (IPO) for the quarter ended 30th June, 2026. 2. Total Utilisation of Issue Proceeds for the Quarter Particulars Amount (₹) Total Untilised Balance of Issue 4,65,93,060.51 Proceeds as on 31st March 2026 Add: Reimbusement of GST 11,39,693.24 Expenses* Less: Utilised During the Quarter 1,62,07,876.51 Ended 30th June, 2026 Unutilised Balance 3,15,24,877.24 *An amount of ₹11.39 lakhs towards GST on such payments was inadvertently funded from the IPO proceeds in last quarter. The Company has reimbursed the same amount to the IPO proceeds from internal accruals in the June 2026 Quarter. 3. Utilisation in Line with Objects of the Issue Based on our examination and according to the information and explanations provided to us, we confirm that the utilization of the issue proceeds during the quarter is in line with the objects stated in the Offer Document, details of which are as under: Particulars Amount (₹) Brokerage and Other Expenses (Issue 63,850.00 Expenses) ERP Software 39,71,273.00 Advertisement Expenses 1,18,42,576.51 General Corporate Purpose 3,30,177.00 Total Utilised 1,62,07,876.51 - BRANCH OFFICES: BARARA, PANCHKULA K V M S AND COMPANY (formerly knows as Singla Mandeep & Associates) Chartered Accountants H.O #22, New partap Nagar, Near Vita Booth, Ambala City, Haryana Ph:-(+91) (171) 2551507, (+91) 9896099207,7988139601 E-Mail:casinglamandeep@gmail.com Ref. No. KVMS/2026-2027/52 Date:03.08.2026 4. Status of Unutilised Issue Proceeds The unutilised issue proceeds as on 30th June, 2026 have been parked in the following bank accounts: Bank Name Account Amount (₹) Details ICICI Bank Ltd* 15,24,877.24 659105500098 ICICI Bank Limited FDR 3,00,00,000.00 023313025857 Total Unutilised Balance 3,15,24,877.24  ICICI Bank Ltd – 0098 balance as on 30th June , 2026 is Rs. 15,81,121.08 , Difference of Rs. 56,243.84 (Rs. 15,81,121.08 – Rs. 15,24,877.24) is due to balance in ICICI Bank – 0098 before IPO proceedings. 6. Utilisation for General Corporate Purpose Total fund amounting to Rs.3,30,177.00 have been utilised towards General Corporate Purpose during the quarter ended 30th June, 2026. For K V M S AND COMPANY (Peer Reviewed Firm) Chartered Accountants CA Mandeep Singla (Partner) M. No.: 530318 UCN NO: 1004458 FRN No: 028805N DATE:03.08.2026 UDIN: 26530318PFIZIF5177 - BRANCH OFFICES: BARARA, PANCHKULA Third Monitoring Agency Report for Western Overseas Study Abroad Limited for the quarter ended June 30, 2026 No. BWR/2026-27/IPM/WOSAL/03 August 04, 2026 Mr. Pardeep Balyan Managing Director Western Overseas Study Abroad Limited Ground Floor- First Floor, S.C.F No-27-28, Vikas Vihar, Ambala City, Ambala, Haryana, Pin Code: 134003 Dear Sir, Third Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Fresh Issue of Equity Shares of Western Overseas Study Abroad Limited (“the Company”) Pursuant to client's request and Monitoring Agency Engagement Letter dated June 13, 2025, Brickwork Ratings (BWR) has prepared the Third Monitoring Agency Report, as per Schedule XI of the SEBI ICDR Regulations towards utilization of proceeds from the funds raised, for the quarter ended June 30, 2026. The funds raised by the Company were through Fresh Issue of Equity Shares aggregating to Rs.10.07 Crore of the Company. In this connection, we are enclosing the Monitoring Agency Report for the quarter ended June 30, 2026, as per Monitoring Agency Agreement dated June 17, 2025. Request you to kindly take the same on records. Thanking you, Yours Faithfully, Mr Niraj Kumar Rathi Senior Director, Ratings - Brickwork Ratings Report of the Monitoring Agency (MA) Name of the issuer: Western Overseas Study Abroad Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency: Brickwork Ratings India Private Limited (a) Deviation from the objects: No (b) Range of Deviation: Not Applicable Declaration: We declare that this report is based on the format prescribed by the SEBI (ICDR) Regulations, 2018, we further declare that this report provides a true and fair view of the utilization of the issue proceeds in relation to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. We declare that we do not have any direct/indirect interest in or relationship with the issuer/promoters/directors/management and confirm that we do not perceive any conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or its affiliates may have a credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensation for its ratings and certain credit related analyses. We confirm that there is no conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer, or while undertaking credit rating or other commercial transactions with the entity. We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, where applicable. There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the Issuer’s Management / Audit Committee of the Board of Directors after the MA submitting their report to the issuer [Showing first 8,000 characters — download PDF for full document]