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

LE MERITE EXPORTS LIMITED (CIN: L17111MH2003PLC143645) Registered Office: A-307, Boomerang, Chandivali Farm Road, Powai, Andheri (East), Mumbai 400 072, Maharashtra Tel: +91 22 45963506, Website: www.lemeriteexports.com E-mail: compliance@lemeriteexports.com August 14, 2026 National Stock Exchange of India Limited Exchange plaza, Bandra-Kurla Complex, Bandra (E), Mumbai – 400051. SYMBOL: LEMERITE Dear Sir /Ma’am, Sub: Disclosure under Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed herewith statement of deviation(s) or variation(s) in utilization of funds raised through Preferential issue of equity shares and share warrant for the quarter ended June 30, 2026 in the prescribed format. We hereby confirm that there has been no deviation or variation in the utilization of proceeds for the above-mentioned period as mentioned in the objects stated in the Notice of Extra-Ordinary General Meeting. You are requested to take the same on your record. Thanking you, Yours Faithfully, For Le Merite Exports Limited Arpit Sharma Company Secretary and Compliance Officer M. No.: A71673 Nagori Nuwal & Co. CHARTERED ACCOUNTANTS 229, Starlit Tower, 29 Y.N. Road, Indore, 452001 Tel No. (0731) 4086411 Mob.: 9425319832 Email: nagorinuwal@yahoo.com STATEMENT ON DEVIATION OR VARIATION FOR PROCEEDS OF PUBLIC ISSUE, RIGHTS ISSUE, PREFERENTIAL ISSUE, QUALIFIED INSTITUTIONS PLACEMENT ETC. Statement on deviation / variation in utilisation of funds raised Particulars Remarks Name of listed entity Le Merite Exports Limited Mode of fund raising Preferential Issue of Equity Shares and Convertible Warrants Date of raising funds 17-09-2025 (date of allotment of equity shares and warrants) Amount raised INR 18,79,68,000 (61400 equity shares x INR 320 per share and 526000 warrants x INR 320 per warrant) Report filed for quarter ended 30th June 2026 Monitoring Agency NA Monitoring Agency Name, if applicable NA Is there a deviation/ variation in use of funds raised? No If yes, whether the same is pursuant to change in terms NA of a contract or objects, which was approved by the shareholders If yes, details of the approval so required? NA Date of approval NA Explanation for the deviation/ variation Not Applicable Comments of the audit committee after review No comments from the Committee Comments of the auditors, if any The utilization of funds in the approved ratio for general corporate purpose is done on the total issue size of the allotment i.e INR 1879.68 Lakhs out of which Amount Received is INR 617.28 Lakhs. Objects for which funds have been raised and where there has been a deviation/ variation, i n the following table: Original Modified Original Modified Funds Amount of Remarks, if Object Object, if Allocation Allocation, if Utilized Deviation/ any any any Variation for the quarter according applicable object Nagori Nuwal & Co. CHARTERED ACCOUNTANTS 229, Starlit Tower, 29 Y.N. Road, Indore, 452001 Tel No. (0731) 4086411 Mob.: 9425319832 Email: nagorinuwal@yahoo.com Strategic Not INR Not INR Not 5,26,000 Investment applicable 1409.76 applicable 300.28 applicable warrants are lacs lacs still pending for conversion into equity shares. Accordingly, 75% of the issue price pertaining to these pending warrants has General Not INR 469.92 Not INR 317 Not not yet been Corporate applicable lacs applicable lacs applicable received. Purpose Hence, utilization of the said amount is pending. 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 M/s. Nagori Nuwal & Co. Firm Reg. No.: 008185C CA Shankar Lal Laddha Membership No.: 076554 Date: 14/08/2026 UDIN: 26076554ELCQAY9885