General Updates

protean Ref: Protean/Secretarial/2026-27/34 August 17, 2026 BSE Limited (“BSE”) National Stock Exchange of India Limited P.J. Towers, Dalal Street, Exchange Plaza, C-1, Block G, Fort, Mumbai – 400001 Bandra Kurla Complex, Bandra (E), Scrip Code: 544021 Mumbai – 400051, India Trading symbol: PROTEAN ISIN: INE004A01022 Dear Sir/Madam, Subject: Communication to Shareholders - Tax Deduction at Source (TDS) / Withholding Tax on Final Dividend for FY 2025-26 The Board of Directors has recommended a final dividend @100% i.e. Rs. 10/- per equity share, for the financial year ended March 31, 2026 for the approval of the shareholders at the upcoming AGM. The Company has fixed Friday, August 28, 2026, as the Record Date for determining entitlement of shareholders to the said dividend. Pursuant to the provisions of the Income Tax Act, 2025 and the Rules framed thereunder, as amended, dividend paid or distributed shall be taxable at the hands of the shareholders. In this regard, please find enclosed the communication being sent to the shareholders of the Company regarding Tax Deduction at Source (TDS) / Withholding Tax on Final Dividend for FY 2025-26. This communication is being sent to those shareholders whose email IDs are registered with the Company / RTA / Depositories as on Friday, August 14, 2026. This is for your information and records. Thanking you, Yours truly, For Protean eGov Technologies Limited Maulesh Kantharia Company Secretary & Compliance Officer FCS 9637 Encl: As above Protean eGov Technologies Limited 1st Floor, Times Tower, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013 CIN: L72900MH1995PLC095642 | T: +91 22 4090 4242 | E: cs@proteantech.in | W: www.proteantech.in protea1n PROTEAN eGOV TECHNOLOGIES LIMITED (CIN: L72900MH1995PLC095642) Registered Office: 1st Floor, Times Tower, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013 Corporate Office: 18th Floor, One International Center, Tower 2, Senapati Bapat Marg, Prabhadevi (West), Mumbai – 400 013 Tel: +91 22 4090 4242 Email: cs@proteantech.in; Website: www.proteantech.in August 17, 2026 Ref: (Folio No. / DP-ID – Client ID): XXXXXXXXXXXX8341 Name of the Shareholder: XXXX Information required for Tax Deduction at Source (TDS) / Withholding Tax on Final Dividend for FY 2025-26 Dear Shareholder, We are pleased to inform you that the Board of Directors at their Meeting held on May 20, 2026 had recommended a final dividend @100% i.e. Rs. 10/- per equity share on the face value of Rs. 10/- each for the financial year ended March 31, 2026 for approval by the shareholders at the upcoming Annual General Meeting (“AGM”). The Record Date fixed for determining the eligibility of shareholders for the payment of final dividend is Friday, August 28, 2026. The final dividend shall be paid to the eligible shareholders within a period of 30 days from the date of AGM. Pursuant to the provisions of the Income-tax Act, 2025 (“Act”) and the Rules framed thereunder, as amended, dividend paid or distributed shall be taxable at the hands of the shareholders and the Company is required to deduct tax at source at the time of making the said payment of dividend. TDS rate may vary depending on the residential status of the shareholder and the documents submitted to the Company in accordance with the provisions of the Act. This communication provides a brief on the applicable TDS provisions under the Act for Resident and Non-Resident shareholder categories. Page 1 of 6 I. TDS on Dividend payment to Resident Shareholders For Resident Shareholders, Tax shall be deducted at source (“TDS”) @10% under Section 393(1) r.w.s 393(4) of the Act on the amount of dividend declared and paid by the Company during the FY 2026-27. In case of resident individual shareholder, where he/she is in receipt of dividend not exceeding Rs. 10,000/- in a financial year from the Company, there shall be no TDS deduction on the same. TDS deduction is however subject to the following: Sr. Particulars Section under TDS Rate No. the Act 1 PAN is not available / Invalid PAN / Inoperative 397(2) 20% 2 Non-linking of PAN with Aadhaar (refer Note 1) 397(2) 20% 3 Availability of lower / nil Tax deduction certificate 395(1) Rate specified issued by the Income Tax Department under Section in the 197 of the Act certificate Note 1: As per Section 262 of the Act read with Rule 162 of the Income-tax Rules, 2026 (“the Rules”), PAN is mandatorily required to be linked with Aadhaar. If PAN is not linked with Aadhaar, such PAN will be deemed in-operative and TDS will be required to be deducted at higher rates under Section 397(2) of the Act. As directed by the Central Board of Direct Taxes vide Circular No. 11 of 2021 dated June 21, 2021, the Company will be using functionality of the Income-tax department for determination of “in- operative PAN” for the purpose of Section 262 r.w.s 397(2) of the Act. No TDS shall be deducted on dividend payments to resident shareholders if following documents are submitted to the Company / MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) on or before Friday, August 28, 2026: Sr. Category TDS Documents required No. Rate 1 Resident individual Nil Form No. 121 (applicable to a resident shareholder having valid individual); PAN linked (for dividend amount Acceptance of Form No. 121 shall be subject exceeding Rs. 10,000/- in a to completeness and review by the financial year) Company. 2 Shareholders to whom Nil Self-declaration with respect to category Section 393(1) of the Act selection as per attached format along with does not apply as per Section documentary evidence for claiming exemption under Section 393(4) of the Act. Page 2 of 6 Sr. Category TDS Documents required No. Rate 393(4) of the Act such as LIC, GIC, etc. 3 Shareholder covered under Nil Self-declaration with respect to category Section 393(5) of the Act selection as per attached format along with such as Government, RBI, documentary evidence for coverage under corporations established by Section 393(5) of the Act. Central Act & Mutual Funds 4 Category I and II Alternate Nil Self-declaration with respect to category Investment Fund selection as per attached format along with SEBI registration certificate to claim benefit under the Act. 5 Mutual Funds NIL Self-declaration with respect to category selection as per attached format along with Certificate of registration with SEBI. 6 New Pension System (NPS) NIL Self-declaration with respect to category Trust selection as per format along with documentary evidence for coverage under Section 11 of the Act. 7 - Recognised provident funds Nil Necessary documentary evidence as per the - Approved superannuation Circular No. 18/2017 issued by the Central Fund Board of Direct Taxes (CBDT). - Approved gratuity fund 8 Any resident shareholder NIL Necessary documentary evidence exempted from TDS substantiating exemption from deduction of deduction as per the TDS. provisions of the Act or by any other law or notification 9 Lower withholding Rate as Self-attested copy PAN along with the lower certificate under Section provided withholding certificate obtained from Income 395(1) in the Tax Authority. certificate II. TDS on Dividend payment to Non-Resident Shareholders For Non-resident shareholders, TDS is required to be withheld in accordance with the provisions of Section 393(2) [Table Sr No. 15 and 17] of the Act at the rates in force plus applicable surcharge and cess. The table below gives the TDS rates applicable to non-resident shareholders subject to documents mentioned thereunder. These documents should be submitted on or before Friday, August 28, 2026. Page 3 of 6 In case, the documents mentioned below are not furnished, TDS shall be deducted at 20% plus applicable surcharge and cess. Sr. Particulars TDS Rate Documents 1 Foreign Institutional 20% (plus applicable 1. FPI registration certificate in case Investors (FIIs) / Foreign surcharge and cess) [Showing first 8,000 characters — download PDF for full document]