Statement on Deviation or Variation of funds under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the quarter ended June 30, 2026.

Date: August 14, 2026 The Manager, Department of Corporate Services, Bombay Stock Exchange Limited Floor 25, P. J. Towers, Dalal Street, Mumbai – 400 001 Dear Sir/Madam Sub.: Statement on Deviation or Variation of funds under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. REF: NIS MANAGEMENT LIMITED (SCRIP CODE: 544495) Pursuant to Regulation 32 of The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019 this is to inform you that there are no deviation(s) or variation(s) in respect of the utilization of the proceeds of the Initial Public Offer (IPO) of the Company during the quarter ended on June 30, 2026. Please find enclosed herewith a statement in this regard. Please take the same on your records Thanking you, For, NIS MANAGEMENT LIMITED DEBAJIT CHOUDHURY MANAGING DIRECTOR DIN: 00932489 Date: August 14, 2026 Place: Kolkata NIS Management Ltd.ISO 9001:2015 Certified CIN: L74110WB2006PLC108679 Regd. Office: 1st Floor, FI-1A (W), 489, Madurdaha, Kalikapur, Kolkata – 700 107, West Bengal Phone: 91 33 2443 2026, Fax: 91 33 2443 2026,E- mail: info@nis.co.in, Website: www.nis.co.in Statement of Deviation or Variation in utilization of funds raised (Amt in Lakhs) Name of listed entity NIS Management Limited Mode of Fund Raising Initial Public Offer (IPO) Type of Instrument Equity Date of Raising Funds August 28, 2025 Amount Raised 5174.82 Report filed for Quarter ended 30th June, 2026 Monitoring Agency Not applicable Monitoring Agency Name, if applicable Not Applicable Is there a Deviation / Variation in use of funds raised No If yes, whether the same is pursuant to change in terms of a Not Applicable contract or objects, which was approved by the shareholders If Yes, Date of shareholder Approval Not Applicable Explanation for the Deviation / Variation Not Applicable Comments of the Audit Committee after review NA Comments of the auditors, if any NA Objects for which funds have been raised and where there has been a deviation, in the following table: Funds Modified Original Modified Utilized Funds Original Object, Allocation allocation, (in Unutilized Remarks Sr Object if any (in Lakhs) if any Lakhs) (in Lakhs) if any 1 To Meet NA 3600.00 NA 794.55 2,805.45 - Working Capital Requirement 2 General NA 955.85 NA - 955.85 - Corporate Purpose 3 Offer Related NA 618.97 NA 694.77 (75.80) - Expenses Net Proceeds 5174.82 1,489.32 3,685.50 NIS Management Ltd.ISO 9001:2015 Certified CIN: L74110WB2006PLC108679 Regd. Office: 1st Floor, FI-1A (W), 489, Madurdaha, Kalikapur, Kolkata – 700 107, West Bengal Phone: 91 33 2443 2026, Fax: 91 33 2443 2026,E- mail: info@nis.co.in, Website: www.nis.co.in