Monitoring Agency Report for the quarter ended June 30, 2026

da.akefit Date: August 06, 2026 BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Mumbai- 400001, Bandra Kurla Complex, Bandra (E), Maharashtra, India Mumbai – 400 051 BSE Scrip Code: 544642 NSE Scrip Symbol: WAKEFIT Subject: Monitoring Agency Report for the quarter ended June 30, 2026 Ref: Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 41 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. Dear Sir/ Madam, Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Regulation 41 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, we hereby submit the Monitoring Agency Report issued by CARE Ratings Limited, for the quarter ended June 30, 2026, in respect of utilisation of proceeds of the Pre-Initial Public Offer and Initial Public Offer of the Company. This intimation shall also be made available on the Company's website at www.wakefit.co/investor-relations. You are requested to kindly take the same on record. Thanking you. Yours faithfully, For Wakefit Innovations Limited (formerly known as Wakefit Innovations Private Limited) Surbhi Sharma Company Secretary and Compliance Officer Membership Number: A57349 Encl.: As above Wakefit Innovations Limited (formerly known as Wakefit Innovations Private Limited), Registered Office: Umiya Emporium, 97-99, 2nd and 4th Floor, Adugodi, Tavarekere, Opp. Forum Mall, Hosur Road, Bengaluru, Karnataka-56OO29, India. CIN: L5259OKA2O16PLCO86582, E: support@wakefit.co I W: wakefit.co I M: +91 98833 33123 Monitoring Agency Report CareEdge RATINGS No. CARE/BRO/GEN/2026-27/1024 The Board of Directors Wakefit Innovations Limited Umiya Emporium, 97-99, 2nd and 4th Floor, Adugodi, Tavarekere, Opp. Forum Mall, Hosur Road, Bengaluru -560 029 August 06, 2026 Dear Sir, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Pre-Initial Public Offer of Wakefit Innovations Limited (“the Company”) We write in our capacity of Monitoring Agency for the Pre-Initial Public Offer for the amount aggregating to Rs. 56.00 crore of the Company and refer to our duties cast under 41 of the Securities & Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations. In this connection, we are enclosing the Monitoring Agency Report for the quarter ended June 30, 2026, as per aforesaid SEBI Regulations and Monitoring Agency Agreement dated November 15, 2025. Request you to kindly take the same on records. Thanking you, Yours faithfully, Himanshu Jain Associate Director Himanshu.jain@careedge.in Report of the Monitoring Agency Name of the issuer: Wakefit Innovations Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency: CARE Ratings Limited (a) Deviation from the objects: No (b) Range of Deviation: Nil Declaration: We declare that this report provides an objective 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. 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 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 subsequent to the MA submitting their report to the issuer and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA takes no responsibility for such comments of the issuer’s Management/Board. Signature: Name and designation of the Authorized Signatory: Himanshu Jain Designation of Authorized person/Signing Authority: Associate Director 1) Issuer Details: Name of the issuer : Wakefit Innovations Limited Name of the promoter : Ankit Garg and Chaitanya Ramalingegowda Industry/sector to which it belongs : Furniture, Home Furnishing 2) Issue Details Issue Period : November 08, 2025 to November 14, 2025 Type of issue (public/rights) : Pre-IPO Placement (Private Placement) Type of specified securities : Equity Shares IPO Grading, if any : NA Issue size (in crore) : Rs. 56.00 crore 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information / certifications Comments of Comments of the Particulars Reply considered by Monitoring Agency for the Board of Monitoring Agency preparation of report Directors During Q1FY27, funds have not been Whether all utilization is as per the disclosures in the Offer Yes CA Certificate*, Management Certificate utilized and unutilized amount is No comments Document? parked in Fixed deposits Whether shareholder approval has been obtained in case of CA Certificate*, Management Certificate material deviations# from expenditures disclosed in the Offer Not applicable Not applicable. No deviations No comments Document? Whether the means of finance for the disclosed objects of the issue CA Certificate*, Management Certificate No change in means of finance for the No No comments have changed? disclosed objects CA Certificate*, Management Certificate, Is there any major deviation observed over the earlier monitoring No Monitoring Agency report dated May 07, No deviations. No comments agency reports? 2026. CA Certificate*, Management Certificate, As per management, since the object Whether all Government/statutory approvals related to the Not required Discussion with management is for general corporate purposes only, No comments object(s) have been obtained? no such approvals are required. CA Certificate*, Management Certificate, The fund will be used for general Whether all arrangements pertaining to technical Not required Discussion with management corporate purposes. No technical No comments assistance/collaboration are in operation? collaboration required Are there any favorable/unfavorable events affecting the viability CA Certificate*, Management Certificate None None No comments of these object(s)? Is there any other relevant information that may materially affect CA Certificate*, Management Certificate None None No comments the decision making of the investors? * Chartered Accountant certificate from peer reviewed audit firm Manian & Rao dated July 22, 2026, bearing UDIN 26222182NNOKIC5092 Note: As per Chartered Accountant’s certificate, it provides limited assurance to the details in the certificate and states "The procedures performed in a limited assurance engagemen [Showing first 8,000 characters — download PDF for full document]