Monitoring Agency Report

AFFLE/SE/MAR/2026-27/Q1 August 11, 2026 BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C-l, G Dalal Street, Mumbai 400 001 Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 Scrip Code: 542752 Symbol: AFFLE Sub: Monitoring Agency Report for the quarter ended June 30, 2026 Dear Sir/Madam, Pursuant to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Monitoring Agency Report for the quarter ended June 30, 2026, issued by ICRA Limited, and ACER Credit Rating Private Limited, in respect of utilization of proceeds of the preferential issues of the Company. This disclosure will also be hosted on the Company's website viz. https://affle.com. Submitted for your information and records. Thanking you, Yours Faithfully, For Affle 3i Limited (Formerly known as Affle (India) Limited) Parmita Choudhury Company Secretary & Compliance Officer Encl: As above Affle 3i Limited (Formerly known as Affle (India) Limited) Regd. Office | A47 Lower Ground Floor, Hauz Khas, Off Amar Bhawan, New Delhi-110016 Communication Office | 8th floor, Unitech Commercial Tower - 2, Sector - 45, Gurugram - 122003, Haryana (P) 0124-4598749 (W) www.affle.com; CIN: L65990DL1994PLC408172 June 2026 MONITORING AGENCY REPORT Name of the Issuer: Affle 3i Limited (formerly known as Affle (India) Limited) For quarter ended: June 30, 2026 Name of the Monitoring Agency (MA): ICRA Limited (a) Deviation from the objects of the issue: No material deviation - Utilization is different from the objects stated in the offer document but in line with change of objects approved by Shareholders’ resolution. (b) Range of deviation: Not Applicable 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 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. 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: Parul Goyal Narang Vice President & Head-Process Excellence Analyst: Subhechha Banerjee QA: Parul Narang Sensitivity Label : Confidential June 2026 1. Issuer Details Name of the Issuer: Affle 3i Limited (formerly known as Affle (India) Limited) Name(s) of the promoters: Promoters Anuj Khanna Sohum Affle Holdings Pte Ltd Source: BSE Industry/ sector to which it belongs: - Advertisement Technology 2. Issue Details Issue Period: Opening date- NA Closing date- NA Type of Issue: Preferential Issue Type of specified securities: Equity shares IPO Grading, if any: Not Applicable since it’s a Preferential Issue Issue Size (Rs. Crore): INR 749.02 Crore (69,00,000 Equity shares at the price of INR 1085.54 including premium of INR 1083.54 each) With OFS portion: Not Applicable. Excluding OFS portion: Not Applicable Net proceeds as per EGM Notice: INR 738.00 Crore.* *The revised net proceeds stood at INR 737.43 Crore as on 30th June 2026 as issue related expenses (IRE) incurred were higher than the estimated by INR 0.6 crore. Hence ICRA will be monitoring the revised Net Proceeds amount of INR 737.43 Crore. Sensitivity Label : Confidential June 2026 3. Details of the arrangement made to ensure the monitoring of issue proceeds Source of information, Comments of certifications considered by the Comments of the Monitoring the Issuer’s Particulars Reply Monitoring Agency for the Agency Board of preparation of report Directors Revision in Net Proceeds on -Peer Reviewed CA Certificate account of actual offer related -Confirmation from expenditure being higher than Whether all utilization is as per management estimated by INR 0.6 Crore. the disclosures in the Offer Yes -Bank statement of the proceeds Shareholders’ resolution dated Comments Document? account June 10, 2026 has been passed - Corresponding bank account to consider and approve statement alterations in objects for utilization of funds. Whether shareholder approval has been obtained in case of Shareholders’ Resolution was As confirmed by the Issuer’s No material deviations# from Yes passed regarding alteration in management Comments expenditures disclosed in the objects for utilization of funds. Offer Document? Whether the means of finance for the disclosed objects of the issue No As confirmed by the Issuer’s No comments Comments has changed? management Is there any major deviation observed over the earlier No No comments No deviation observed Comments monitoring agency reports? Whether all Government/ statutory approvals related to the As confirmed by the Issuer’s No comments No Applicable object(s) have been obtained? management Comments Whether all arrangements pertaining to technical assistance/ As confirmed by the Issuer’s No comments No Applicable collaboration are in operation? management Comments Are there any favorable events Not As understood from the improving the viability of these As confirmed by the Issuer’s No Applicable Issuer’s management object(s)? management Comments Are there any unfavorable events Not As understood from the affecting the viability of the As confirmed by the Issuer’s No Applicable Issuer’s management object(s)? management Comments Is there any other relevant information that may materially As confirmed by the Issuer’s As understood from the No affect the decision making of the management Issuer’s management Comments investors? # Where material deviation is defined to mean: Sensitivity Label : Confidential June 2026 (a) Deviation in the objects or purposes for which the funds had been raised. (b) Deviation in the amount of funds utilized by more than 10% of the amount specified in the offer document. 4. Details of the object(s) to be monitored. (i) Cost of object(s) Source of information, Comments of the Issuer’s Board of Original certifications Revised Comments of Directors cost (as per S. considered by the cost the Particulars Item Head the offer Reason Proposed N. Monitoring Agency for [Rs. Monitoring of firm document) for cost financing the preparation of Crore] Agency arrangeme [Rs. Crore] revision option report nts made Development and/or Shareholders’ expansion of technologies, Resolution intellectual property, passed to platforms and/or product approve the proposi [Showing first 8,000 characters — download PDF for full document]