Intimation for execution of Binding Framework Agreement

Date: August 10, 2026 The General Manager The Manager Dept. of Corporate Services Dept. of Corporate Services National Stock Exchange of India Limited BSE Limited Bandra Kurla Complex Floor 25, P J Towers Bandra (E) Mumbai-400051 Dalal Street, Mumbai – 400 001 NSE Scrip code: PRESTIGE BSE Scrip code: 533274 Dear Sir / Madam, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that, at the sub-committee of Board of Directors meeting dated August 10, 2026 and concluded at 07:00 p.m., the committee has approved the execution of a binding framework agreement (“Binding Framework Agreement”) to be entered into by and amongst the Company, CPP Investment Board Private Holdings (4) Inc. (“CPPIB”) and Prestige Hospitality Ventures Limited (“PHVL”), pursuant to which CPPIB proposes to make an investment of up to INR 30,00,00,00,000 (Indian Rupees Three Thousand Crores) in PHVL through multiple tranches, representing an aggregate stake of up to 28% of the shareholding in PHVL (the “Proposed Transaction”). PHVL is a wholly owned subsidiary of the Company, and the shares of PHVL are currently held entirely by the Company and its nominees. The consummation of the Proposed Transaction is subject to completion of due diligence, negotiation and execution of definitive documents and receipt of all necessary approvals as may be required. The Proposed Transaction contemplated in the Binding Framework Agreement will be consummated through a combination of primary investment and secondary investment, in each case as mutually agreed between the parties under the relevant definitive documents. In this regard, we hereby enclose the necessary details in Annexure I as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. This is for your information and records. Yours faithfully, For Prestige Estates Projects Limited Manoj Krishna J V Company Secretary and Compliance Officer Enclosed: As above Prestige Estates Projects Limited, Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025. Phone: +91 80 25591080 E-mail: investors@prestigeconstructions.com Website: www.prestigeconstructions.com CIN: L07010KA1997PLC022322 Annexure – I Information as required under Regulation 30-Para A Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015 are as follows: 1. The amount and percentage of the Name of Company: Prestige Estates Projects Limited, turnover or revenue or income and net a public listed company incorporated in India under the worth contributed by such unit or division Companies Act, 1956, having its registered office at or undertaking or subsidiary or associate Prestige Falcon Tower, No. 19, Brunton Road, Bangalore, company of the listed entity during the last Karnataka, India, 560025, financial year Consolidated Turnover/Revenue details: INR 131,955 million Name of subsidiary: Prestige Hospitality Ventures Limited, a public limited company incorporated in India under the Companies Act, 2013, having its registered office at Prestige Falcon Tower, No. 19, Brunton Road, Bangalore, Karnataka, India, 560025 (“PHVL”). Standalone Turnover/Revenue details: INR 3,458.96 million 2. Date on which the agreement for sale has The Binding Framework Agreement was executed on been entered into August 10, 2026 3. The expected date of completion of The date of completion of sale of shares to CPPIB sale/disposal /subscription of shares by CPPIB would depend on the completion of the conditions precedent under the Binding Framework Agreement including the (i) finalization and execution of definitive documents; (ii) the receipt of all necessary regulatory and lender approvals; (iii) completion of due diligence, and (iv) completion of conditions precedent which will be detailed in the definitive documents. 4. Consideration received from such The proposed investment of INR 3,000,00,00,000 (Indian sale/disposal Rupees Three Thousand Crores) would be received in tranches. 5. Brief details of buyers and whether any of The details of the buyer is as follows: the buyers belong to the promoter/ promoter group/group companies. CPP Investment Board Private Holdings (4) Inc., a corporation incorporated under the laws of Canada, having If yes, details thereof its registered office at One Queen Street East, Suite 2500, Toronto, Ontario (CA-ON), M5C 2W5, Canada. CPPIB is a a global investment management organization that manages the Canada Pension Plan Fund in the best interest of the more than 22 million contributors and Prestige Estates Projects Limited, Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025. Phone: +91 80 25591080 E-mail: investors@prestigeconstructions.com Website: www.prestigeconstructions.com CIN: L07010KA1997PLC022322 beneficiaries. CPPIB is is not related to the promoter/ promoter group/ group companies of the Company 6. whether the transaction would fall within The Proposed Transaction does not fall within the ambit of related party transactions? related party transactions. If yes, whether the same is done at “ arm’s length” 7. whether the sale, lease or disposal of the No undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations 8. Additionally, in case of a slump sale, Not applicable indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale Prestige Estates Projects Limited, Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025. Phone: +91 80 25591080 E-mail: investors@prestigeconstructions.com Website: www.prestigeconstructions.com CIN: L07010KA1997PLC022322