Please find enclosed herewith, the Monitoring Agency Report for the quarter ended June 30, 2026, issued by Care Ratings Limited.

ACE ALPHA TECH LIMITED (formerly known as Ace Alpha Tech Private Limited & DM Prime Square Research & Analytics Private Limited) Regd. Office: A-28, First Floor, Jhilmil Industrial Area Shahdara, East Delhi- 110095 CIN: L62099DL2012PLC243246 Tele. No.: +91-1149854818 E-Mail: compliance@acealphatech.in website: www.acealphatech.in Date: August 14, 2026 BSE Limited SCRIP CODE: 544431 Sub: Monitoring Agency Report for the Quarter ended June 30, 2026 Dear Sir/ Madam, Pursuant to Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Regulation 262(2) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, we have enclosed herewith Monitoring Agency Report for the quarter ended June 30, 2026, issued by CARE Ratings Limited, Monitoring Agency, appointed to monitor the utilization of proceeds of the Initial Public Offer (Fresh Issue) of the Company. You are requested to take the same on your records. For Ace Alpha Tech Limited Priyanka Company Secretary and Compliance Officer M. No. A72473 Corporate Office: A-25, 1st Floor, Sector 64, Noida , Gautam Buddha Nagar, Uttar Pradesh -201301 No. CARE/NRO/GEN/2026-27/1113 The Board of Directors Ace Alpha Tech Limited A-25, 1st Floor, Sector 64, Noida, Gautam Buddha Nagar, Uttar Pradesh - 201301 August 14, 2026 Dear Sir/Ma’am, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the IPO of Ace Alpha Tech Limited (“the Company”) We write in our capacity of Monitoring Agency for the Initial Public Offer for the amount aggregating to Rs. 24.88 crore of the Company and refer to our duties cast under 262 of the Securities & Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations. In this connection, we are enclosing the Monitoring Agency Report for the quarter ended June 30, 2026, as per aforesaid SEBI Regulations and Monitoring Agency Agreement dated May 23, 2025. Request you to kindly take the same on records. Thanking you, Yours faithfully, Rajan Sukhija Associate Director rajan.sukhija@careedge.in CARE Ratings Limited 9th floor, C-001/A2, Berger Towers, Sector 16B, 4th Floor, Godrej Coliseum, Somaiya Hospital Noida, Road, Off Eastern Express Highway, Sion (East), Gautam Budh Nagar, Uttar Pradesh -201301 Mumbai - 400 022 Phone: +91-120-4452000 Phone: +91-22-6754 3456 Email: care@careedge.in • www.careedge.in CIN-L67190MH1993PLC0716 Report of the Monitoring Agency Name of the issuer: Ace Alpha Tech Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency: CARE Ratings Limited (a) Deviation from the objects: Nil (b) Range of Deviation: Not Applicable Declaration: We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensation for its ratings and certain credit related analyses. We confirm that there is no conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer, or while undertaking credit rating or other commercial transactions with the entity. We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, where applicable. There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the Issuer’s Management / Audit Committee of the Board of Directors subsequent to the MA submitting their report to the issuer and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA takes no responsibility for such comments of the issuer’s Management/Board. Signature: Name and designation of the Authorized Signatory: Rajan Sukhija Designation of Authorized person/Signing Authority: Associate Director CARE Ratings Limited 9th floor, C-001/A2, Berger Towers, Sector 16B, 4th Floor, Godrej Coliseum, Somaiya Hospital Noida, Road, Off Eastern Express Highway, Sion (East), Gautam Budh Nagar, Uttar Pradesh -201301 Mumbai - 400 022 Phone: +91-120-4452000 Phone: +91-22-6754 3456 Email: care@careedge.in • www.careedge.in CIN-L67190MH1993PLC0716 1) Issuer Details: Name of the issuer : Ace Alpha Tech Limited Name of the promoter : Mr. Gaurav Sharma and Arika Securities Private Limited Industry/sector to which it belongs : Information Technology - IT Enabled Services 2) Issue Details Issue Period : June 26, 2025, to June 30, 2025 Type of issue (public/rights) : Initial Public Offer Type of specified securities : Equity Shares IPO Grading, if any : Not Applicable Issue size (in crore) : Rs. 24.88 crore 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information / certifications considered by Comments of the Comments of the Particulars Reply Monitoring Agency for Monitoring Agency Board of Directors preparation of report Total estimated public issue expenses as With reference to the per the Prospectus amounted to Rs. 3.86 Point No. 2) above in crore, of which Rs. 3.46 crore was this report, it is clarified Whether all utilization is as per the disclosures in the Offer Bank statement, CA certificate* and Yes proposed to be funded from the fresh that the Fresh Issue size Document? Management certificate issue proceeds and Rs. 0.40 crore was to is Rs. 24.48 crore. The be borne by the Selling Shareholder revised amount of Rs. towards the Offer for sale (OFS) portion. 24.88 crore includes Rs. CARE Ratings Limited 9th floor, C-001/A2, Berger Towers, Sector 16B, 4th Floor, Godrej Coliseum, Somaiya Hospital Noida, Road, Off Eastern Express Highway, Sion (East), Gautam Budh Nagar, Uttar Pradesh -201301 Mumbai - 400 022 Phone: +91-120-4452000 Phone: +91-22-6754 3456 Email: care@careedge.in • www.careedge.in CIN-L67190MH1993PLC0716 Source of information / certifications considered by Comments of the Comments of the Particulars Reply Monitoring Agency for Monitoring Agency Board of Directors preparation of report However, as per the management, due to 0.40 crore pertaining to an inadvertent presentation error in the OFS-related issue Prospectus, the OFS-related expenses of expenses, which was Rs. 0.40 crore were also included under not required to be the “Fresh Issue – Issue Expenses” head, funded from the Fresh resulting in duplication and the amount Issue proceeds. remaining unutilised. Subsequently, Accordingly, the pursuant to approval of the shareholders inclusion of the said Rs. through a Special Resolution passed via 0.40 crore does not postal ballot, effective June 21, 2026, the constitute any increase Company earmarked the unutilised Rs. in the Fresh Issue size. 0.40 crore towards the “Capital For further details Expenditure – Human Resources” object pertaining to the said of the Issue. Accordingly, the utilisation Rs. 0.40 crore, please of the said amount has [Showing first 8,000 characters — download PDF for full document]