Please fine attached 41st Annual Report of the Faze Three Limited.

August 13, 2026 BSE Limited National Stock Exchange of India Limited Department of Corporate Services, Listing Compliance Department, P. J. Towers, Dalal Street, Exchange Plaza, Plot No. C/ 1, G Mumbai – 400 001. Block, Bandra Kurla Complex, Scrip Code: 530079 Bandra (E), Mumbai – 400 051. Symbol: FAZE3Q Dear Sir/Ma’am, Sub: Submission of Notice of 41st Annual General Meeting (AGM’) of the Company along with the Annual Report for the Financial Year ended March 31, 2026 Pursuant to Regulation 30 and 34(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulation”), we are submitting herewith the 41st Annual Report of the Company for the Financial Year ended March 31, 2026, along with the Notice convening the 41st AGM of the Company scheduled to be held on Friday, September 04, 2026, at 05:00 p.m. IST through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”). The aforesaid Notice and Annual Report are being sent to all the members of the Company whose email addresses are registered with the Company and/or Depository Participant(s)/ MUFG Intime India Private Limited (Company’s Registrar and Transfer Agent) and the same is also available on the Company's website on the link referred below: Link: https://www.fazethree.com/investors/financial-results > 2025-26 > Annual Report You are requested to kindly take the same on record. Thanking You, Yours Sincerely, For Faze Three Limited Akram Sati Company Secretary & Compliance Officer M. No.: A50020 Encl: a/a FAZE THREE LIMITED (CIN: L99999DN1985PLC000197) Regd. Office: Survey 380/1, Khanvel Silvassa Road, Dapada, Silvassa – 396 230, UT of D&NH Corporate Office: 63, 6th Floor, Wing C, Mittal Court, Nariman Point, Mumbai - 400021. Tel. : 91 (22) 43514444, 66604600 * Fax : 91 (22) 24936811 * E-mail : cs@fazethree.com * Website : www.fazethree.com FAZE THREE LIMITED HOME AND TECHNICAL TEXTILES MANUFACTURER & EXPORTER Annual Report 2025-26 FAZE THREE LIMITED 41ST ANNUAL REPORT 2025-26 CONTENTS Pg No. Notice of AGM 01 Directors’ Report 16 Form AOC-1 – Details of Subsidiaries 26 Statement of Disclosure of Remuneration 27 Annual Report on CSR 28 Statement pursuant to Section 134 (3) 31 Management Discussion & Analysis Report 34 Corporate Governance Report 42 Secretarial Auditors’ Report 62 Business Responsibility and Sustainability Report 66 Independent Auditors’ Report (Standalone) 113 Standalone Financial Statements 124 Independent Auditors’ Report (Consolidated) 181 Consolidated Financial Statements 189 ANNUAL GENERAL MEETING 1. Day and Date of Annual Friday, September 04, 2026 General Meeting 2. Time and venue 05:00 P.M. (IST) through Video Conferencing Tuesday, September 01, 2026– 09:00 A.M. (IST) E-voting period to Thursday, September 03, 2026– 05:00 P.M. (IST). BOARD OF DIRECTORS BOARD COMMITTEES Mr. Ajay Anand Audit Committee Mr. Mohit Solanki (Chairman) Chairman & Managing Director Mr. Ajay Anand Mr. Sanjay Anand Mr. Chuji Kondo Whole-time Director Mr. Vinit Rathod (till August 11, 2026) Nomination & Remuneration Committee Mrs. Rashmi Anand Mr. Mohit Solanki (Chairman) Non-Executive Director Mrs. Rashmi Anand Mr. Devajyoti Bhattacharya Mr. Chuji Kondo Mr. Vinit Rathod (till August 11, 2026) Independent Director Stakeholders Relationship Committee Mr. James Barry Leonard Mr. Mohit Solanki (Chairman) Independent Director Mr. Ajay Anand Mrs. Rashmi Anand Mr. Chuji Kondo Mr. Vinit Rathod (till August 11, 2026) Independent Director CSR Committee Mr. Mohit Solanki Mr. Ajay Anand (Chairman) Additional Director (Independent) Mr. Sanjay Anand (Appointed w.e.f August 17, 2026) Mr. Mohit Solanki Mr. Vinit Rathod (till August 11, 2026) Mr. Manan Shah Independent Director KEY MANAGERIAL PERSONNELS (upto June 10, 2026) Mr. Ankit Madhwani Mr. Vinit Rathod Group Chief Financial Officer Independent Director (Retirement w.e.f. August 11, 2026) Mr. Akram Sati Head - Legal & Company Secretary & Compliance Officer CORPORATE OFFICE STATUTORY AUDITORS M/s. MSKA & Associates LLP, 63, Mittal Court, Wing C, Nariman Point, Chartered Accountants, Mumbai Mumbai - 400 021. Phone: 022 4351 4444/400 SECRETARIAL AUDITORS MANUFACTURING UNITS M/s. Sanjay Dholakia & Associates, Dapada (Reg. Office) Practicing Company Secretaries, Mumbai Survey No. 380/1, Khanvel Silvassa Road, Dopada, Silvassa - 396230; UT of Dadra and Nagar Haveli REGISTRAR AND SHARE TRANSFER AGENT Dadra Survey No. 1551, Village Dadra, Silvassa - 396193; M/s. MUFG Intime India Pvt. Ltd. UT of Dadra and Nagar Haveli C-101, 247 Park, LBS Marg, Vikhroli (West), Mumbai - 400 083 Vapi Phone: 022 - 4918 6720 / 1800 1020 878 Plot No. 71, Phase I, GIDC Indl. Estate, Vapi - Website: https://in.mmps.mufg.com/ 396195, Gujarat Email: Investor.helpdesk@in.mmps.mufg.com Panipat Unit 1: Jatal Road, Anand Nagar, Panipat, Haryana Unit 2: G.T. Road, Opposite B.B.M.B. Residency Colony, Panipat 132103, Haryana Unit 3: Panipat Gohana National Highway -71A, Village Mehrana Dist, Panipat-132103, Haryana Chhatrapati Sambhajinagar (Mats & More Pvt Ltd) L-16/17 MIDC, Waluj, Chhatrapati Sambhajinagar- 431136 New York, USA (Faze Three US LLC) Office & Showroom BANKERS HDFC Bank Limited ICICI Bank Limited Yes Bank Limited Kotak Mahindra Bank Limited Federal Bank Limited FAZE THREE LIMITED 41ST ANNUAL REPORT 2025-26 AWARDS AND RECOGNITION 2019 Dun & Bradstreet- RBL Bank- SME Business Excellence Awards 2019 Mr. Ajay Anand and Mr. Sanjay Anand, Directors of Faze Three Limited accepting the Dun and Bradstreet- RBL Bank SME Business Excellence Awards 2019 in the Mid-Corporate Segment for excellence in the Textiles Sector alongside Shri Pratap Chandra Sarangi, Hon'ble Minister of State for MSME and Animal Husbandry, Dairying and fisheries. 2020 The Dun & LC,\DING Bradstreet- Leading Mid Ml D-COrtPON\TCS Corporates of India 2020 OF INDI,\ • 2020 • Faze Three Limited was a part of Leading Mid Corporates of India 2020 published in India by Dun & Bradstreet Information Services India Pvt. Ltd. The Publication can be viewed at https://www.dnb.co.in/events/business-enterprises-of- tomorrow/#aboutPub FAZE THREE LIMITED 41ST ANNUAL REPORT 2025-26 AWARDS & RECOGNITIONS 2021 The Dun & Bradstreet Business Enterprises of Tomorrow Awards 2021 Faze Three Limited was declared as the Award Winner of Dun & Bradstreet – Business Enterprises of Tomorrow Awards 2021 under Best Global Business Category (Mid-Corporates). The award presentation can be viewed at: https://youtu.be/EwWkfyHEwPw 2022 The Dun & Bradstreet Business Enterprises of Tomorrow Awards 2022 Faze Three Limited was declared as the Award Winner of Dun & Bradstreet – “Business Enterprises of Tomorrow Awards 2022” Business Excellence Awards in Category Mid-Corporate – Textile & Textile Articles. The Publication can be viewed at: https://www.dnb.co.in/events/business-enterprises- of-tomorrow/default.aspx FAZE THREE LIMITED 41ST ANNUAL REPORT 2025-26 AWARDS & RECOGNITION Faze Three Limited was declared as the Award Winner of Dun & 2024 Bradstreet – “G7 CR Technologies Business Enterprises of Tomorrow Summit 2024” Business Excellence Awards in Category Mid-Corporate – Textile & Textile Articles. The Publication- ‘Leading Mid-Corporates of India 2024’ with interview of Mr. Ajay Anand – MD & Mr. Vishnu Anand – President can be viewed at: https://www.dnb.co.in/events/business-enterprises-of-tomorrow/default.aspx Faze Three Limited was declared as the Award Winner of “Dun & 2025 Bradstreet Business Enterprises of Tomorrow Summit 2025” Business Excellence Awards of Best Global Business in the Category- Mid Corporate – Textile & Textile Articles The Publication- ‘Rethinking the Future of India’s Small and Mid- Sized Businesses 2025” with interview of Mr. Ajay Anand – MD & Mr. Vishnu Anand – President can be viewed at: https://www.dnb.co.in/events/business-enterprises-of-tomorrow/default.aspx Faze Three Limited | Annual Report 2025–26 NOTICE 41ST ANNUAL GENERAL MEETING OF FAZE [Showing first 8,000 characters — download PDF for full document]