Pursuant to provisions of Regulation 34 of the SEBI (LODR) Regulations, 2015, please find enclosed herewith the Annual Report of the Company for the Financial Year ended March 31, 2026.

August 10, 2026 The General Manager, Department of Corporate Services, BSE Limited, P.J. Towers, Dalal Street, Mumbai – 400001. Scrip Code: 539682 Dear Sir/Madam, Subject: Submission of Annual Report for the financial year 2025-26 With reference to the above captioned subject and pursuant to provisions of Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Annual Report of the Company for the Financial Year ended March 31, 2026. The said Annual Report is also available on the Company’s website at www.mobavenue.ai. Kindly take the above on your record. Yours faithfully, For Mobavenue AI Tech Limited (Formerly known as Lucent Industries Limited) Kunal Kothari Chairman & Chief Operating Officer DIN: 07111105 Encl: As above Connecting what’s next Intent. Intelligence. Impact. Mobavenue AI Tech Limited (Formerly known as LUCENT INDUSTRIES LIMITED) Annual Report 2025-26 Intent. Key highlights of FY 25-26 Contents H At a Glance 218.48 Cr FEATURE Attention is the new currency 02 Intelligence. Who we are 04 Consolidated revenue Our presence 08 45.37 Cr Impact. Our Leadership EBITDA Leadership team 10 40.90 Cr Message from the Chairman 14 MD & CEO’s perspective 16 Profit Before Tax 29.35 Cr Strategic Overview Operating landscape 18 Digital advertising is being reshaped. The industry is moving away from media-led models built on reach and impressions to technology-driven Profit After Tax Product portfolio 24 ecosystems measured by outcomes. As brands increasingly ask for business Key strengths 36 100+ Cr results rather than visibility alone, we believe sustainable digital growth is Strategy 38 created through a continuous cycle of intent, intelligence and impact. Monthly impressions Value creation model 42 INTENT is where every outcome INTELLIGENCE turns that Key performance indicators 44 200+ begins. By processing understanding into action. Built on an From the desk of the CTO 46 large-scale contextual, behavioural AI-powered architecture, proprietary FEATURE Our evolution in an AI-first world 48 and campaign signals, we build a platforms, neural network Employees sharper understanding of what frameworks and machine learning Technology, AI and data privacy 50 150+ consumers do and what they are models, our ecosystem converts Empowering enterprises 54 looking for. This lets us identify the vast volumes of data into decisions FEATURE Making a meaningful difference 56 right audience cohorts, reach them made in real time. Through constant Brands collaborated with across devices and channels, and learning and optimisation, we deliver relevant experiences at the refine targeting, bidding, inventory Statutory Reports moments that matter most. selection and campaign execution, Management discussion and analysis 58 giving brands greater precision and Countries serving Notice 65 efficiency. Board’s report 73 IMPACT is what this intelligence Forward-looking statements Corporate governance report 99 produces. By aligning technology This Annual Report contains forward-looking statements At Mobavenue AI, intent with verified consumer outcomes reflecting the Company's current expectations regarding its Financial Statements drives intelligence, intelligence and business objectives, our business, operations, financial performance and prospects. Standalone financial statements 122 These statements are based on assumptions and are subject Outcome-as-a-Service (OaaS) creates impact, and together to risks, uncertainties and other factors, many beyond the Consolidated financial statements 172 model shifts the focus from media Company's control, that could cause actual results to differ they define how we engineer delivery to measurable business materially. The information presented is believed to be outcomes across the consumer reliable but is not warranted as complete or accurate. outcomes and power Except as required by law, the Company undertakes no lifecycle. Every signal processed, obligation to update these statements. digital growth. every decision made and every For more information, interaction optimised adds to the Disclaimer: Certain images in this report have been generated or enhanced visit our website: using artificial intelligence (AI) for illustrative purposes. Unless otherwise value we create for our clients. indicated, they are representative in nature and do not depict actual people, https://www.mobavenue.ai/ places, products, events, assets, or operations. Annual Report 2025-26 FEATURE 02 03 You are scrolling, browsing, simply going about your day, and an ad appears: timely, relevant and, perhaps, precisely what you were looking for. That moment is no coincidence. It is the work of intelligence, operating in the background. But intelligence alone is not enough. What truly matters is measurable outcomes. Attention At Mobavenue AI, we operate at the intersection of consumer behaviour, data intelligence and digital discovery. As an AI-powered, outcome-led adtech partner, we help brands move beyond visibility metrics to business results, connecting them with the right audiences at the right moment across the channels where is the attention lasts. We analyse We enable We power consumer meaningful outcomes. intent. engagement. Using deep machine learning We operate a unified network We do not broadcast into the and artificial intelligence, we built around our A3 framework, void. Our systems identify predict consumer intent, read spanning Awareness, Acquisition high-intent audiences, adjust behavioural patterns and turn and Activation. By bringing engagement in real time and them into actionable insights. together advertising, marketing sharpen relevance with every We process consented data technology, data intelligence interaction. Guided by predictive into consumer signals at scale and outcome-based execution, intent signals, we deliver a in milliseconds to understand our platforms and services help frictionless experience that what a user is looking for, brands scale engagement across translates into measurable turning conventional advertising every digital touchpoint. From outcomes: stronger conversions, into relevant, contextual smartphones to smart TVs, we improved efficiency and recommendations while enable brands to connect with more meaningful consumer respecting consumer privacy. audiences across a growing engagement. ecosystem of connected screens. currency 125 Cr+ ~250 Cr ~4.27 Cr Signals Devices reached Total outcomes processed daily worldwide Mobavenue AI Tech Limited Annual Report 2025-26 WHO WE ARE 04 05 AI-driven. At the heart of our business is the A3 framework, which unifies Awareness, Acquisition and Activation into a single AI-enabled growth ecosystem. By transforming consumer intent into actionable intelligence, the framework enables brands to deliver more relevant experiences, improve marketing efficiency and achieve measurable business outcomes across an increasingly connected digital landscape. Intelligence-led. Purpose built 100+ years 25,000+ 10 AI-powered Markets serving consumer growth Founded in 2010 as Lucent Industries Limited, an education-focused operating system enterprise, the Company has evolved into Mobavenue AI Tech Limited, Programmatic Campaigns 150+ an AI-native advertising technology company redefining how digital & consumer Combined expertise delivered across advertising is planned, delivered and measured. We combine proprietary advertising of our management branding and Businesses technology, artificial intelligence and data science to develop intelligent platforms team performance empowered globally platforms that power measurable outcomes across the digital advertising ecosystem. We are Our guiding principles VISION Our vision is to build a global AI-native platform from India Driven by technology that makes digital growth predictable, automated, and outcome-driven for businesses worldwide. Rooted in intelligence MISSION Our mission is to si [Showing first 8,000 characters — download PDF for full document]