Disclosure under SEBI Takeover Regulations

Disclosures under Regulation 10(5) Intimation to Stock Exchanges in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 1. Name of the Target Company (TC) GFL Limited 2. Name of the acquirer(s) Mr. Siddharth Jain 3. Whether the acquirer(s) is/ are promoters of the TC Yes. Acquirer is promoter of the TC prior to the prior to the transaction. If not, nature of transaction. relationship or association with the TC or its promoters 4. Details of the proposed acquisition a. Name of the person(s) from whom shares are Mr. Pavan Jain to be acquired b. Proposed date of acquisition 24/08/2026 c. Number of shares to be acquired from each 3,29,55,000 person mentioned in 4(a) above d. Total shares to be acquired as % of share 30.00% capital of TC e. Price at which shares are proposed to be Nil acquired Inter se transfer of shares amongst promoters (immediate relatives) as gift. There is no consideration involved. f. Rationale, if any, for the proposed transfer Gift between immediate relative. 5. Relevant sub-clause of regulation 10(1)(a) under Regulation 10(1)(a) (i) Transfer amongst which the acquirer is exempted from making open immediate relatives. offer 6. If, frequently traded, volume weighted average Not Applicable, as the shares are proposed to market price for a period of 60 trading days be transferred by way of gift, no consideration preceding the date of issuance of this notice as involved. traded on the stock exchange where the maximum volume of trading in the shares of the TC are recorded during such period. 7. If in-frequently traded, the price as determined in Not Applicable, as the shares are proposed to be terms of clause (e) of sub-regulation (2) of transferred by way of gift, no consideration regulation 8. involved. 8. Declaration by the acquirer, that the acquisition I declare that the acquisition price would not be price would not be higher by more than 25% of the higher by more than 25% of the price price computed in point 6 or point 7 as computed in point 6 above. applicable. 9. Declaration by the acquirer, that the transferor and I declare that we, the transferor and the transferee have complied / will comply with transferee, have complied / will comply with applicable disclosure requirements in Chapter V of applicable disclosure requirements in Chapter V the Takeover Regulations, 2011 (corresponding of the Takeover Regulations, 2011 provisions of the repealed Takeover Regulations 1997) 10. Declaration by the acquirer that all the conditions I declare that all the conditions specified under specified under regulation 10(1)(a) with respect to regulation 10(1)(a) with respect to exemptions exemptions has been duly complied with. has been duly complied with. 11. Shareholding details Before the After the proposed proposed transaction transaction No. of % w.r.t No. of % w.r.t shares total shares total /voting share /voting share rights capital of rights capital TC of TC a Acquirer(s) and PACs (*) Annexure I Annexure II b Seller (s) 4,63,08,012 42.16% 1,33,53,012 12.16% Siddharth Jain Acquirer Date: 17/08/2026 Place: Mumbai Encl: As Above