Statement of deviation(s) or variation(s) under Reg. 32

Date: 13.08.2026 Ref no.: SLL/SE/50-2026 To, To, National Stock Exchange of India Limited BSE Limited (“BSE”) (“NSE”) Listing Department Listing Department Corporate Relationship Department Exchange Plaza, C-1 Block G, Bandra Kurla Phiroze Jeejeebhoy Towers, Complex Bandra [E], Mumbai – 400051 Dalal Street, Fort, Mumbai - 400 001 NSE Scrip Symbol: STANLEY BSE Scrip Code: 544202 ISIN: INE01A001028 ISIN: INE01A001028 Sub.: Statement of Deviation/variation for the quarter ended 30th June 2026. Dear Sir/Madam, Pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find the enclosed Statement of deviation/variation in the use of proceeds of objects of Initial Public Offering for the quarter ended 30th June 2026. Please take the above on record. Thanking You, For Stanley Lifestyles Limited Sunil Suresh Chairman and Whole Time Director DIN:01421517 Encl: As above Stanley Lifestyles Limited Registered O(cid:431)ice: SY No. 16/2 and 16/3 Part, Hosur Road, Veerasandra village, Attibele Hobli, Anekal Taluk, Bangalore, Karnataka-560100 CIN: L19116KA2007PLC044090 | Phone: 080 6895 7200 | E-mail: compliance@stanleylifestyles.com | Website: www.stanleylifestyles.com Statement of deviation/variation in the use of proceeds of objects of Initial Public Offering Sl. No Particulars Details 1 Name of the Listed Stanley Lifestyles Limited Company 2 Mode of fund raising IPO 3 Date of Fund raising 28th June 2024 4 Amount raised INR 181.085 crore. * *The net proceeds have increased to INR 183.937 crore as of 30th June 2026, primarily due to reduction in actual issue-related expenses (IRE), by INR 2.852 crore 5 Report filed for the quarter 30th June 2026 6 Monitoring Agency Yes 7 Monitoring Agency Name ICRA Limited 8 Is there a deviation or No variation in the use of funds raised 9 If yes, whether the same is NA pursuant to change in terms of a contract or objects, which was approved by the shareholders 10 If yes, date of shareholder NA approval 11 Explanation for the NA Deviation / Variation 12 Comments of the Audit Nil Committee after review 13 Comments of Auditors, if Nil 14 Objects for which funds have NA been raised and where there has been a deviation, in the following table Original Objects Modified Original Modified Funds Amount of Objects, Allocation Allocation Utilised Deviation/ if any (Amount Variation in Cr) for the Stanley Lifestyles Limited Registered O(cid:431)ice: SY No. 16/2 and 16/3 Part, Hosur Road, Veerasandra village, Attibele Hobli, Anekal Taluk, Bangalore, Karnataka-560100 CIN: L19116KA2007PLC044090 | Phone: 080 6895 7200 | E-mail: compliance@stanleylifestyles.com | Website: www.stanleylifestyles.com quarter ended 31st March 2026 1. Investment in certain Utilization Subsidiaries for: as of 30th June 2026 a. Opening of New Stores by NA 90.127 NIL New NIL such Subsidiaries under the Stores: formats of “Stanley Level Utilized Next”, “Stanley Boutique” and 64.260; “Sofas & More by Stanley” Unutilized (New Stores) 25.867 Anchor Stores: b. Opening anchor stores NA 39.990 NIL NIL Utilized (Anchor Stores) by such Nil; Subsidiaries Unutilized 39.990 NA 10.040 NIL NIL c. Renovation of the Existing Renovation Stores under the formats of of Existing “Stanley Level Next”, “Stanley Stores: Boutique” and “Sofas & More Utilized by Stanley” (Existing Stores) 1.200; by such subsidiaries Unutilized 8.840 NA 6.659 NIL Machinery NIL 2. Funding the capital & expenditure requirements Equipment: for purchase of new Fully machinery and equipment utilized 6.659 NA 34.269 37.121 General Revision in Corporate 3. General corporate purposes general Purposes: corporate Utilized purpose is 33.826; on account Unutilized of actual 3.295 issue related expenses Total (IRE) being utilized: lower than 122.008 estimated by INR Total 2.852 crore unutilized: 77.992 Stanley Lifestyles Limited Registered O(cid:431)ice: SY No. 16/2 and 16/3 Part, Hosur Road, Veerasandra village, Attibele Hobli, Anekal Taluk, Bangalore, Karnataka-560100 CIN: L19116KA2007PLC044090 | Phone: 080 6895 7200 | E-mail: compliance@stanleylifestyles.com | Website: www.stanleylifestyles.com Deviation or variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed or (c) Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer, etc For Stanley Lifestyles Limited Sunil Suresh Chairman and Whole Time Director DIN:01421517 Stanley Lifestyles Limited Registered O(cid:431)ice: SY No. 16/2 and 16/3 Part, Hosur Road, Veerasandra village, Attibele Hobli, Anekal Taluk, Bangalore, Karnataka-560100 CIN: L19116KA2007PLC044090 | Phone: 080 6895 7200 | E-mail: compliance@stanleylifestyles.com | Website: www.stanleylifestyles.com