Communication to the members for deduction of tax at source on Interim Dividend for the Financial Year 2026-27

m HB PORTFOLIO LIMITED Regd. Office : Plot No. 31, Echelon Institutional Area, Sect-o 3r2, Gurugram -122001 (Haryana) Ph.:0124-4675500, Fax:C124-4370985, E-mail:corporate @hbportfolio.com Website : www.hbportiolio.com, CIN : L67120HR1984PLC034148 20" August, 2026 Listing Centre The Listing Department BSE Limited, Pheroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001 Scrip Code: 532333 Sub: Communication to the Members for deduction of tax at source on Interim Dividend for the Financial Year 2026-27 Dear Sir/ Madam, In furtherance to our earlier intimation dated 10t August, 2026 regarding the declaration of Interim Dividend of Rs. 1.25/- (Rupee One and Twenty-Five Paise Only) per equity share of Rs. 10/- each for the Financial Year 2026-27, please find enclosed herewith the e-mail communication which has been sent to all members of the Company whose e-mail IDs are registered with the Company/ Depositories explaining the process regarding the applicability of tax deduction and formalities to be followed by the members to ensure appropriate deduction of tax on the dividend, along with the necessary declarations/ documents to be submitted. A specimen copy of the said communication sent to members is enclosed herewith. This communication is also being made available on the website of the Company at www.hbportfolio.com. You are requested to take note of same. Thanking you, Yours faithfully, For HB Portfolio Limited Meenu Papreja (Company Secretary & Compliance Officer) M.No. F11607 [B HB PORTFOLIO LIMITED Regd. Office : Plot No. 31, Echelon Institutional Area, Sector - 32, Gurugram -122001 (Haryana) Ph.:0124-4675500, Fax:C124-4370985, E-mail:corporate@hbportfolio.com Website : www.hbportfolio.com, CIN : L67120HR1994PLC034148 20" August, 2026 Ref: Folio/ DP Id & Client Id No: Name of the Member(s): Dear Member(s), We are pleased to inform you that the Board of Directors of HB Portfolio Limited ("Company”) in its meeting held on 10™" August, 2026, had declared an Interim Dividend of Rs. 1.25/- (Rupee One and Twenty-Five paise only) per equity share (i.e., 12.5% on the face value of Rs.10/- each) for the Financial Year 2026-27. The Interim Dividend will be paid to those members holding Equity Shares of the Company as on the record date i.e., Friday, 14" August, 2026. The Interim Dividend will be paid to the eligible members within a period of 30 days from the date of its declaration, through electronic mode directly into the bank account of Members. Pursuant to the provisions of Income Tax Act, 2025 ("IT Act, 2025"), dividend income is taxable in the hands of Members and the Company is required to deduct tax at source ("TDS") at the rates applicable prescribed in the IT Act, 2025 or Tax treaty at the time of making payment of the dividend. The tax deduction rates would vary depending on the residential status and classification of entity (Individual, Firm, Company, HUF, or Trust), based on the PAN details registered with the Depositories or with the Registrar and Share Transfer Agent ("RTA") of the Company, i.e., RCMC Share Registry Private Limited ("RCMC"). The Company will apply the applicable TDS rates on dividend payment based on active tax status and entity profile available with the depository as on the Record Date. A summary of the applicable TDS rates and the documents required for each shareholder category is detailed below: () For Resident Member(s): Tax is required to be deducted at source under Section 393(1) of IT Act, 2025, at 10% on the amount of dividend where Members (s) have registered their valid Permanent Account Number (PAN). In case, Members do not have PAN / have not registered their valid PAN details in their account, TDS at the rate of 20% shall be deducted under Section 397(2) of the IT Act, 2025. (A)For Resident Individual Member(s): No tax shall be deducted on dividend payable to resident individuals if: i. Total dividend amount to be received by them during the Tax Year (TY) 2026- 27 does not exceed Rs. 10,000; or ii. The Members submit Form 121, provided that all the required eligibility conditions are met. Please note that every field is mandatory and the Company may at its sole discretion reject the Form, if it does not fulfil the prescribed requirement under the IT Act, 2025. (Click here to access Form 121) iii. Exemption certificate is issued by the Income Tax Department. (B) For Resident Member(s) other than Individuals: No tax shall be deducted on dividend payable to the following resident - other than individuals, where they provide following details and documents. (Click here to access Resident Tax Declaration) ego Applicable Documents required for availing o TDS rate exemptions Self-declaration that it qualifies as 'Insurer' as per section 2(7A) of the Insurance Act, 1938 S ERED and has full beneficial interest with respect to Companies the equity shares owned by it along with self- attested copy of PAN card and certificate of registration with Insurance Regulatory and Development Authority of India (IRDAI). Self-declaration that its income is exempt under Alternative Schedule V to section 11 of the IT Act 2025, and Investment they are registered with Securities and Fund-AIF Exchange Board of India (SEBI) as CategoryI (Category I or Category II, AIF, along with self-attested and II) copy of the PAN card and certificate of AIF registration with SEBI. Self-declaration that it is registered with SEBI Mutual NIL and as specified at Schet_:lu le VII to section 11 of o the IT Act, 2025 along with self-attested copy of PAN card and certificate of registration with SEBI. Self-declaration that it qualifies as NPS Trust and income is eligible for exemption under NPS Trust Schedule VII to section 11 of the IT Act, 2025 and being regulated by the provisions of the Indian Trusts Act, 1882 along with self-attested copy of the PAN card. S:t?tfi;:}t]z:lns Self-attested copy of documentary evidence by or under supporting the exemption along with self- Central Act attested copy of PAN card. (1) For Non-resident Member(s): Pursuant to the provisions of Section 393 (2) of the IT Act, 2025, taxes are required to be deducted as per the applicable rates. In terms of applicable provisions of IT Act, 2025, tax deducted at source (TDS) shall be at the rate of 20% (plus applicable surcharge and cess) on the amount of dividend payable to the Non-Resident Members. . In case, non-resident Members provide a certificate issued under Section 395(1) of the IT Act, 2025, for lower/ Nil taxes, rates specified in the said certificate shall be considered, on submission of self-attested copy of the same. C. As per the Section 159 of IT Act, 2025, non-resident Members may opt for the tax rates specified in Double Tax Avoidance Agreement (DTAA) between India and their respective country of tax residence, provided they are more beneficial to them. To avail this tax withholding rate, non-resident Members shall submit following documents and declarations to RTA of the Company on or before 26" August, 2026: i. Self-attested copy of the PAN card allotted by the Indian Income Tax authorities. If the PAN is not available, the non-resident Member shall furnish name, e-mail address, contact number, tax identification number allotted in the country of residence and address in country of residence. ii. Self-attested copy of Tax Residency Certificate (TRC) (of FY 2026-27) obtained from the tax authorities of the country of which the Member is resident; iii. Self-declaration by the non-resident Member of having no Permanent Establishment in India in accordance with the applicable Tax Treaty (of FY 2026- 27); iv. A signed self-declaration confirming that the Member is the ultimate economic recipient of the dividend income; v. Electronically filled Form 41, issued by the Central Board of Direct Taxes from Income-Tax website. It is requested that Members should independently satisfy all conditions to claim DTAA benefits. (Click here to access Non-Resident Declar [Showing first 8,000 characters — download PDF for full document]