Bagmane Prime Office REIT has informed the Exchange regarding Disclosure of material issue

August 17, 2026 To, To, The Corporate Relations Department, The Corporate Relations Department, The National Stock Exchange of India Limited, Department of Corporate Services, Exchange Plaza, 5th Floor, BSE Limited, Plot No. C/1, G-Block, Bandra-Kurla Complex, 25th Floor, Phiroze Jeejeebhoy Towers, Bandra (East), Mumbai - 400051. Dalal Street, Mumbai - 400001. Re: Script Symbol “BAGMANE”, Scrip Code “544758” Dear Sir/ Madam, Subject: Transcript of the Earnings Conference Call for the quarter ended June 30, 2026 held on Wednesday, August 12, 2026 ln continuation to our letter dated Wednesday, August 12, 2026, regarding the link to access the audio recording of the earnings conference call on Wednesday, August 12, 2026, at 1600 Hrs IST to discuss Bagmane Prime Office REIT’s financial results for the quarter ended June 30, 2026, please see enclosed the transcript of the aforesaid earnings conference call. The transcript referred to above has been uploaded on our website and can be accessed through the link as set out below: Q1 FY27 Earnings Call Transcript Thanking you, For and on behalf of Bagmane Prime Office REIT acting through its Investment Manager, Bagmane Realty Investment Manager Private Limited Venkatesh Ranganath P Company Secretary and Compliance Officer A37567 BAGMANE REALTY INVESTMENT MANAGER PRIVATE LIMITED (ACTING AS INVESTMENT MANAGER TO BAGMANE PRIME OFFICE REIT) 5th floor, B Block Bagmane Tech Park, 65/2 Bagmane Laurel, C. V. Raman Nagar, Bangalore North, Bangalore- 560093, Karnataka | Tel: +91-80-40329999 | CIN - U66309KA2024PTC183039 | Email: reitcompliance@bagmanereit.com | Website of Bagmane Prime Office REIT: https://www.bagmanereit.com/ Page 1 of 1 Bagmane Prime Office REIT Q1 FY27 Earnings Call Transcript August 12, 2026 Bagmane Prime Office REIT Q1 FY27 Earnings Conference Call August 12, 2026 CORPORATE PARTICIPANTS: MR. HUGH ANDREW – CHIEF EXECUTIVE OFFICER – BAGMANE PRIME OFFICE REIT MR. RAJKUMAR T – CHIEF OPERATING OFFICER – BAGMANE PRIME OFFICE REIT MR. ASHAY SHAH – CHIEF FINANCIAL OFFICER – BAGMANE PRIME OFFICE REIT MR. RAHUL KASHYAP - BAGMANE PRIME OFFICE REIT Page 1 of 13 Bagmane Prime Office REIT Q1 FY27 Earnings Call Transcript August 12, 2026 Moderator: Ladies and gentlemen, good day and welcome to the Bagmane Prime Office REIT Q1 FY27 Earnings Conference Call. As a reminder, all participant lines will remain in the listen-only mode and there will be an opportunity for you to ask questions after the management's opening remark. Should you need assistance during the conference call, please signal the operator by pressing star then zero on your touchtone telephone. Please note that this conference is being recorded. I will now hand the conference over to Mr. Rahul Kashyap from Bagmane Prime Office REIT. Thank you and over to you. Rahul Kashyap: Good evening and thank you for joining us. This is Bagmane Prime Office REIT's first earnings call since our listing on May 14th, 2026, and we are pleased to have you with us. Yesterday, we released our financial results for the quarter ending June 2026, following the meeting of the Board of Directors of Bagmane Realty Investment Manager Private Limited, the manager to the REIT. The release comprises of the unaudited standalone and consolidated financial results of Bagmane Prime Office REIT, an earnings presentation, a supplementary data book, and the press release. All documents have been filed with NSE and BSE and are available in the investors section of our website. Over the course of this call, management may make statements that could be construed as forward-looking. Any projections or pro forma information we refer to are management estimates based on certain assumptions and have not been subject to any audit or review. On the call today, we have Hugh Andrew, Chief Executive Officer, Rajkumar T, Chief Operating Officer, and Ashay Shah, Chief Financial Officer. Hugh will take you through the listing, our portfolio, leasing performance, and the market environment. Ashay will take you through the financial performance, and Rajkumar will talk about the growth and development plans. We will then open the floor for questions. With that, over to Hugh. Hugh Andrew: Thank you, Rahul. Good evening, everyone, and welcome to our first earnings call. I'd like to begin by thanking our unit holders for the confidence they have Page 2 of 13 Bagmane Prime Office REIT Q1 FY27 Earnings Call Transcript August 12, 2026 placed in us and all the advisors who have helped us through this journey. Let me spend a few minutes on who we are before I turn to the quarter. The Bagmane Prime Office REIT listed on the National Stock Exchange and the BSE on May 14th, 2026 at INR103.5 per unit, a 3.5% premium to the IPO price of INR100.The IPO was oversubscribed 25x with over 207,000 applications, the highest ever recorded for a listed REIT in India. Public unit holders in the REIT include large foreign institutions, reputed family offices, large pension funds, life insurance companies, mutual funds, and wealth management companies. This reflects strong and broad-based institutional conviction in the REIT's long-term income profile. We own six Grade A+ business parks in Bengaluru, 19.6 million square feet of commercial space in total, of which 16.6 million square feet is completed and operational. A million square feet of commercial space is under construction and a further 2 million square feet is available for future development. Our parks sit on the Outer Ring Road and in the Secondary Business District City, the two Bengaluru micro-markets that together account for the majority of annual Grade A leasing in India's largest office market, often referred to as the Silicon Valley of India. The portfolio also includes two hotels under construction totaling 607 keys and four solar projects with a total capacity of just over 164.4 megawatts, of which slightly under 91.9 megawatts is already operational and supplying renewable energy to our parks. Our occupier base is anchored by global technology, semiconductor, electronics, and engineering companies running their core operations, technology research, and decision-making functions out of Bengaluru. 90% of our tenants are global capability centers, 99% are foreign MNCs, and 64% are Fortune 500 companies. This is an enviable list of tenants with whom we have developed strong partnerships to provide world-class corporate real estate solutions, not just for today, but for the future. We have approximately 47 million square feet of ROFO growth opportunity, the largest of any listed office REIT in India, spanning our sponsor's Page 3 of 13 Bagmane Prime Office REIT Q1 FY27 Earnings Call Transcript August 12, 2026 development pipeline across Bengaluru, Delhi, and Chennai. When an asset from that ROFO pipeline or from a third-party acquisition fulfills the REIT criteria, we have the balance sheet to pursue it. As of June 30, 2026, our committed occupancy stood at 98.7%, the best among the listed peers. During this quarter, we have executed 260,000 square feet of gross leasing at a mark-to-market spread of 16% over expiring rents. 100% of it was to existing tenants, Google, Boeing, Xentrix Studios renewed, we also leased additional space to Nike and BNP Paribas. This further commitment from long-established partners is another clear indicator of the quality of our assets and their suitability for some of the best and largest companies in the world. As we continue to provide the best campus environments, we've also added multiple F&B outlets to enrich the experience of our tenants. World-class campus amenities drive the live, work, play experience across Bagmane's parks, including community sports events. In this period, they include the Bagmane Run and the inaugural Bagmane Cricket Bash. Looking forward, the Indian real estate economy remains one of the strongest asset classes, and despite geo-political tensions, we are very confident that the demand for grade A p [Showing first 8,000 characters — download PDF for full document]