Scrutinizer''s report

Announcement of the consolidated results of remote E-voting and E-voting during Thirty First Annual General Meeting of Zydus Lifesciences Limited Pursuant to the provisions of section 108 and 109 of the Companies Act, 2013 (“the Act”) read with rule 20 of the Companies (Management and Administration) Rules, 2014 (“the Rules”), Zydus Lifesciences Limited (“the Company”) had provided remote e-voting facility to the members for exercising the voting rights and e-voting facility was also provided during the Thirty First Annual General Meeting (“AGM”) of the Company. The voting on the 9 resolutions contained in the Notice of AGM dated May 19, 2026, were cast through remote e-voting and e-voting during AGM. Based on the report submitted by Mr. Ashish Doshi, Practicing Company Secretary, the Scrutinizer appointed for both remote e-voting and e-voting during AGM, I declare the 9 resolutions contained in the Notice of AGM as passed with requisite majority. The summary of results is as under: Voting in favour of the Votes against the Item No. of Notice Particulars of business resolution resolution Nos. % Nos. % Remote e-voting 917774025 99.9999 865 0.0001 Item No. 1 of the Notice (As E-voting during AGM 33397 99.9940 2 0.0060 an Ordinary Business) Total 917807422 99.9999 867 0.0001 Remote e-voting 917774025 99.9999 865 0.0001 Item No. 2 of the Notice (As E-voting during AGM 33397 99.9940 2 0.0060 an Ordinary Business) Total 917807422 99.9999 867 0.0001 Remote e-voting 918088144 99.9999 1174 0.0001 Item No. 3 of the Notice (As E-voting during AGM 33397 99.9940 2 0.0060 an Ordinary Business) Total 918121541 99.9999 1176 0.0001 Remote e-voting 914419832 99.6349 3350818 0.3651 Item No. 4 of the Notice (As E-voting during AGM 33397 99.9940 2 0.0060 an Ordinary Business) Total 914453229 99.6349 3350820 0.3651 Remote e-voting 906281500 98.7123 11738815 1.2787 Item No. 5 of the Notice (As E-voting during AGM 33397 100.0000 0 0 an Ordinary Business) Total 906314897 98.7213 11738815 1.2787 Remote e-voting 918018085 99.9997 2308 0.0003 Item No. 6 of the Notice (As E-voting during AGM 33397 99.9940 2 0.0060 a Special Business) Total 918051482 99.9997 2310 0.0003 Remote e-voting 878157565 95.6685 39759989 4.3315 Item No. 7 of the Notice (as E-voting during AGM 33397 99.9940 2 0.0060 a Special Business) Total 878190962 95.6686 39759991 4.3314 Voting in favour of the Votes against the Item No. of Notice Particulars of business resolution resolution Nos. % Nos. % Remote e-voting 830266137 90.4409 87754174 9.5591 Item No. 8 of the Notice (as E-voting during AGM 33397 100.0000 0 0 a Special Business) Total 830299534 90.4413 87754174 9.5587 Remote e-voting 917787902 99.9859 128981 0.0141 Item No. 9 of the Notice (as E-voting during AGM 33397 99.9940 2 0.0060 a Special Business) Total 917821299 99.9859 128983 0.0141 For, ZYDUS LIFESCIENCES LIMITED PANKAJ R. PATEL DIN: 00131852 CHAIRMAN OF THIRTY FIRST ANNUAL GENERAL MEETING Place: Ahmedabad Date: August 11, 2026 SPANJ & ASSOCIATES Company Secretaries Peer reviewed firm CONSOLIDATED REPORT OF SCRUTINIZER [Pursuant to Section 108 of the Companies Act, 2013 and Rule 20 (4) (xii) of the Companies (Management and Administration) Rules, 2014] The Chairmen, 31st Annual General Meeting of the Equity Shareholders of Zydus Lifesciences Limited, Held on August 11, 2026, at 10.00 a.m. (1ST) through Video Conferencing ("VC;') /Other Audio Visual Means ("OAV M") Dear Sir, I. I, Ashish C. Doshi, Partner ofSPANJ & ASSOCIATES, Company Secretaries, having office at TF/1, Anison Building, 3rd Floor, Swastik Society, Nr. Stadium Circle, C. G. Road, Navrangpura, Ahmedabad-380 009, have been appointed as Scrutinizer by the Board of Directors of Zydus Lifesciences Limited ("the Company") for the purpose of scrutinizing the process of voting through electronic means ("e-voting") on the resolutions contained in the notice dated May 19, 2025 ("Notice") issued in accordance with General Circulars dated April 8, 2020, April 13, 2020, May 5, 2020 and other relevant circulars, the latest being General Circular dated September 22, 2025 issued by Ministry of Corporate Affairs ("MCA") (hereinafter referred to as "MCA Circulars"), Government of India, calling the 31st Annual General Meeting of its Equity Shareholders ("the Meeting" / "AGM") through VC / OAVM. The AGM was convened on Tuesday, August 11, 2026 at 10.00 a.m. (1ST) through VC / OA VM. 2. The said appointment as Scrutinizer is under the provisions of Section 108 of the Companies Act, 2013 ("the Act") read with Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended ("the Rules"). As the Scrutinizer, I have to scrutinize: (i) process of e-voting remotely, before the AGM, using an electronic voting system on the dates referred to in the Notice calling the AGM ("remote e-voting"); and (ii) process of e-voting at the AGM through electronic voting system ("e-voting"). 3. The compliance with the provisions of the Act and the Rules made there under, MCA Circulars and SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 ("the Listing Regulations") relating to voting through electronic means (by remote e-voting and e-voting at AGM) the resolutions proposed in the otice of the 31st Annual General Meeting of the Company is the responsibility of the management. The management of the Company is responsible for ensuring a secured framework and robustness of the electronic ~ voting systems. Our responsibility as a Scrutinizer for e-voting process is restricted to lQ ) making a Consolidated Scrutinizer's Report of the votes cast "in favour" or "against" if a~~,.,__ • ~ ti. ASso. 'lj/1, )lnison Compkx, Pfoor, 5(131 Lane, Nr. Stadi.um Circle, C q. <I<Pl14 Navrangpura, ,#~~ )llimeaa6aa-380 009 <Pfi: 079-26421414, 26421555, e-mail: cstfosniac@gmai[com!M: 098250 64740 ~ ~ (") *~ SPANJ & ASSOCIATES Company Secretaries Peer reviewed firm the resolutions contained in the Notice, based on the reports generated from the electronic voting system provided by Central Depository Services (India) Limited ("CDSL") and documents furnished to me electronically by the Company and/or CDSL for my verification. 4. In accordance with the Notice of AGM sent to shareholders, the voting through electronic means/ remote e-voting started on Saturday, August 08, 2026 (9:00 a.m. OST)) and ended on Monday, August 10, 2026 (5:00 p.m. {IST)). 5. The Equity Shareholders holding shares as on the "cut off' date i.e. Tuesday, August 04, 2026 were entitled to vote on the proposed resolutions (Item no. 0 I to 09 as set out in the Notice of the AGM of the Equity Shareholders of the Company. 6. The votes cast were unblocked on Tuesday, August 11, 2026, after the conclusion of the AGM and was witnessed by two witnesses, Ms. Vanshika Kela and Ms. Hemakshi Patel who are not in the employment of the Company. They have signed below in confirmation of the votes being unblocked in their presence. Name: Vanshika Kela Name: Hemakshi Patel 7. Thereafter, the details containing inter- alia, list of equity Shareholders, who voted "For" and "Against", were downloaded from the remote e-voting website of CDSL (https://www.evotingindia.com). Based on report generated by CDSL and relied upon by us, data regarding the remote e-voting was scrutinized on test check basis. 8. After the time fixed for closing of the e-voting by the Chairman, the electronic system recording the e-voting (e-votes) was locked by CDSL under my instructions. The e-voting system was scrutinized on test check basis. The e-votes were reconciled with the records maintained by the Company / CDSL and the authorizations lodged with the Company/ CDSL. Thee-votes cast were unblocked on Tuesday, August 11, 2026 after the conclusion of theAGM. 9. Based on reports generated from the e-voting website of CDSL (https://www.evotingindia.com), the consolidated results of the remote e-voting and e-voting at AGM are as under: <(f/1, .ft_nisvn Comp~ 3rr1 <Fwc,r, .5YBI Lane, [Showing first 8,000 characters — download PDF for full document]