Please refer the enclosed intimation with respect to the grant of stock options.

August 17, 2026 BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street Bandra (East) Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 544008 SYMBOL: MAXESTATES Sub: Intimation for Grant of Stock Options under the Max Estates Employee Stock Option Plan 2023 (“ESOP Plan”) Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we wish to inform you that the Nomination and Remuneration Committee has, considered and approved the Grant of stock options under the ESOP Plan as detailed below: Particulars Details for Grant Brief details of options granted Grant of 50,226 stock options effective from August 18, 2026 Whether the scheme is in terms of SEBI Yes (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 Total number of shares covered by these 50,226 stock options (each stock option is options convertible into one equity share of face value INR 10/- each) Pricing formula As per the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (“SEBI ESOP Regulations 2021”) Exercise Price INR 221/- per option Vesting Schedule Vesting Schedule: 4 years vesting: 25% in Year 1 – August 18, 2027 25% in Year 2 – August 18, 2028 25% in Year 3 – August 18, 2029 25% in Year 4 – August 18, 2030 Max Estates Limited Corporate Office: Max Towers, L-20, C-001/A/1, Sector-16B, Noida-201301, Uttar Pradesh, India, | P: +91 120-4743222 Regd. Office: Max House 1, Dr. Jha Marg, Okhla Phase 3, Opposite Okhla Railway Station, Okhla Industrial Estate, New Delhi -110020 Email : secretarial@maxestates.in | Website : www.maxestates.in | CIN: L70200DL2016PLC438718 Particulars Details for Grant Exercise Period 2 years from the date of vesting of each tranche. Brief details of significant terms Stock options granted are governed as per the Company’s ‘ESOP Plan’, which is administered and implemented by the Nomination and Remuneration Committee of the Company in terms of the SEBI ESOP Regulations 2021. Note: The requirements prescribed under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 updated as on January 30, 2026, are not applicable. The date and time of occurrence of the event is August 17, 2026, at 20:43 hrs. (IST). You are requested to take the aforesaid on record. Yours faithfully, For Max Estates Limited Abhishek Mishra Company Secretary & Compliance Officer Max Estates Limited Corporate Office: Max Towers, L-20, C-001/A/1, Sector-16B, Noida-201301, Uttar Pradesh, India, | P: +91 120-4743222 Regd. Office: Max House 1, Dr. Jha Marg, Okhla Phase 3, Opposite Okhla Railway Station, Okhla Industrial Estate, New Delhi -110020 Email : secretarial@maxestates.in | Website : www.maxestates.in | CIN: L70200DL2016PLC438718