Investor Presentation in respect of unaudited financial results for the quarter ended 30th June, 2026

Date: 13th August, 2026 To, To, The Listing Department, The Listing Department, BSE Limited, National Stock Exchange of India Limited, Floor 25, P. J. Towers, Exchange Plaza, Plot No. C/1, G Block, Bandra Dalal Street, Mumbai 400 001 Kurla Complex, Bandra (East), Mumbai 400 051 BSE Scrip Code: 530355 Trading Symbol: ASIANENE Sub.: Investor Presentation in respect of unaudited financial results for the quarter ended 30th June, 2026. Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we are enclosing herewith an Investor Presentation in respect of unaudited financial results for the quarter ended 30th June, 2026. The Investor Presentation shall also be uploaded on the website of the Company at URL https://www.asianenergy.com/investor-relations.html#financial. You are requested to take the same on record. Thanking you, Yours faithfully, For Asian Energy Services Limited Shweta Jain Company Secretary & Compliance Officer Membership No.: 23368 Encl. as above Asian Energy Services Limited CIN: L23200MH1992PLC318353 3B, 3rd Floor, Omkar Esquare, Chunabhatti Signal, Eastern Express Highway, Sion (East), Mumbai - 400022 Phone +91 (22) 42441100 E-mail:secretarial@asianenergy.com Web:https://www.asianenergy.com Source to Solutions INVESTOR PRESENTATION Aug-2026 ASIAN ENERGY SERVICES LIMITED (AESL) Safe Harbor This presentation has been prepared by and is the sole responsibility of Asian Energy Services Limited (the “Company”). By accessing this presentation, you are agreeing to be boundbythetrailingrestrictions. This presentation does not constitute orform partof any offer orinvitation or inducement to sell orissue, or anysolicitation of anyoffer or recommendation to purchase or subscribe for,anysecuritiesoftheCompany,norshallitoranypartofitorthefactofitsdistributionformthebasisof,orbereliedoninconnectionwith,anycontractorcommitmentthereof.In particular, this presentation is not intended to be a prospectus or offer document under the applicable laws of any jurisdiction, including India. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current afterthe date of this presentation. There is no obligation to update, modify or amend this communication or tootherwisenotifytherecipientiftheinformation,opinion,projection,forecastorestimatesetforthherein,changesorsubsequentlybecomesinaccurate. Certain statements contained in this presentation that are not statements of historical fact constitute “forward-looking statements.” You can generally identify forward looking statements by terminology such as “aim”, “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intend”, “may”, “objective”, “goal”, “plan”, “potential”, “project”, “pursue”, “shall”, “should”, “will”, “would”, or other words or phrases of similar import. These forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors thatmay cause the Company’s actual results, performance or achievements to be materially differentfrom anyfuture results, performance or achievements expressed orimpliedbysuchforward-lookingstatementsorotherprojections.Importantfactorsthatcouldcauseactualresults,performanceorachievementstodiffermateriallyinclude,among others: (a) our ability to successfully implement our strategy, (b) our growth and expansion plans, (c) changes in regulatory norms applicable to the Company, (d) technological changes,(e)investmentincome,(f)cashflowprojections,and(g)otherrisks. This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. The Companymayalter,modifyorotherwisechangeinanymannerthecontentofthispresentation,withoutobligationtonotifyanypersonofsuchchangeorchanges. Table of Content R Management Outlook N 01 N Q1 FY27 Performance Highlights Industry & Business Overview Merger Status Our Strengths S CSR Initiatives and R 05 R Environment & Safety Initiatives V N ASIAN ENERGY SERVICES LIMITED (AESL) Management Outlook Q1 FY27 Performance ASIAN ENERGY SERVICES LIMITED (AESL) Management Outlook S Kapil Garg E N MANAGING DIRECTOR We have commenced FY27 on a strong footing, marked by focused execution across our business verticals. The shareholders' approval for the Oilmax merger represents an important step towards strengthening our integrated energy platform. With the Government’s continued focus on domestic energy security through initiatives and policy reforms such as Samudra Manthan, ORDA Act and Critical Minerals Mission, growth IT opportunities in our businesses are multiplying and we are well positioned to capitalize on them and create long term sustainable value for our I stakeholders. Management Outlook S Sumit Maheshwari E GROUP CFO Q1 FY27 reflected continued progress across our businesses, with key milestones of securing a major order from GSECL. Business reported strong execution across all verticals despite volatile Middle East situation. Our Q1 FY27 revenue has grown by 135%, EBIDTA by 81% and Profit After Tax by 129% as compared to Q1 FY26. We remain confident of achieving our FY27 guidance for both Asian Energy Services and Kuiper. Our order book stands IT at ₹1,754 crore, supported by a robust bid pipeline, providing strong visibility for future revenues. Q1 FY27: Quarter Highlights E OilMax Merger Update: Shareholders approval received and final NCLT hearing scheduled on 28th August; Y 01 G Merger expected to be completed by September/October 2026 subject to other regulatory clearances GSECL Order Win: Secured contract worth Rs.187.6 crore from Gujarat State Electricity Corporation Limited for the enhancement of the coal handling plant at Ukai, Gujarat. Work has commenced. Q1FY27 Financial Performance: Revenue, EBIDTA and Profit have increased in Q1 FY27 compared to Q1 FY26 (YoY), reflecting strong execution across our businesses despite volatile Middle East situation. Asset Addition: Oilmax has been declared preferred bidder for offshore block under DSF Round IV and a critical mineral mine at Pakro (Vanadium and Graphite), strengthening our E&P and mineral assets portfolio P Order Book : Our standalone order book (ex Kuiper) stood at ~ Rs 1754 crore, with ~ 60% contribution from Oil R 05 T & Gas, ~ 40 % from Mineral services providing good revenue visibility. *The order book is excluding GST Performance Highlights Consolidated – Q1 FY27 E (Rs in Crore) IV R Revenue EBITDA PAT N A 271.2 21.9 12.8 12.1 115.4 5.6 135.0% 81.0% 128.6% Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 • Revenue increased to Rs 271.2 crore, driven by strong execution across all segments N O • Kuiper operations stabilized in June with profitability returning to sustainable levels following improvement in Middle East E • EBITDA increased to Rs 21.9 crore from Rs 12.1 crore in Q1FY26 (81.0 %YoY growth), supported by operational efficiency R O • PAT increased to Rs 12.8 crore from Rs 5.6 crore in Q1FY26 (128.6 %YoY growth), reflecting focused execution Note : Kuiper’s acquisition was integrated from 1 September 2025 Performance Highlights Standalone – Q1 FY27 E (Rs in Crore) IV R Revenue EBITDA PAT N 149.3 16.3 A 9.6 115.4 11.9 29.4% 37.0% 57.4% Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 • Revenue increased to Rs 149.3 crore, driven by strong execution across all segments A • EBITDA increased to Rs 16.3 crore from Rs 11.9 crore in Q1FY26 (37%YoY growth), supported by operational efficiency R • PAT increased to Rs 9.6 crore from 6.1 crore in Q1 FY26 (57.4% YoY growth), reflecting focused execution Segmental Performance – Q1 FY27 S (Rs in Crore) R OIL AND GAS MINERAL AND OTHER ENERGY SERVICES Operational Update N 26.4 N 244.8 Oil & Gas segment : e • Vedanta c [Showing first 8,000 characters — download PDF for full document]