Shareholders meeting

August 21, 2026 National Stock Exchange of India Limited BSE Limited Trading Symbol: NETWORK18 SCRIP CODE: 532798 Through: NEAPS Through: BSE Listing Centre Dear Sirs, Sub: Annual Report for the Financial Year 2025-26 including Notice convening the 31st Annual General Meeting (AGM) - Regulation 34 (1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") This is with reference to our letter dated 19th August, 2026 informing that the 31st AGM of the Company is scheduled to be held on Wednesday, 16th September, 2026 at 4:00 p.m. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM), in compliance with the provisions of the Companies Act, 2013 and the relevant circulars issued by the Ministry of Corporate Affairs in this regard. We enclose herewith Annual Report of the Company for the financial year 2025-26 along with Notice of the 31st AGM. The Annual Report of the Company for the financial year 2025-26, including the Notice of the 31st AGM, is being sent through electronic mode to all the Members whose e-mail address is registered with the Company / Depository Participants. Further, pursuant to Regulation 36(1)(b) of the Listing Regulations, a letter providing the web- link of the Annual Report including the exact path to access the Annual Report for the financial year 2025-26 is being sent to those Members whose e-mail addresses are not registered and is also attached. The Annual Report including the Notice of the AGM is also uploaded on the Company’s website and can be accessed at: https://www.nw18.com/reports/NW18_Annual_Report_2025- 26.pdf. For Network18 Media & Investments Limited Shweta Gupta Company Secretary and Compliance Officer Encl.: as above Network18 Media & Investments Limited (CIN - L65910MH1996PLC280969) Regd. office: First Floor, Empire Complex, 414- Senapati Bapat Marg, Lower Parel, Mumbai-400013 T: +91 22 40019000, 66667777 W: www.nw18.com E: investors.n18@nw18.com Annual Report 2025-26 A NETWORK FOR EVERY MOMENT DAER 01-19 CORPORATE OVERVIEW 02 Designed for Every Kind of Moment 04 One Network for Every Indian 06 Crafted for Different Aspects of Life 10 A Day with Network18 12 There for India, in Every Language 14 For Moments Beyond News! 16 Chairman’s Communique 17 Corporate Information 18 Board of Directors 20-91 STATUTORY REPORTS 20 Management Discussion and Analysis 47 Board's Report 61 Corporate Governance Report 92-218 FINANCIAL STATEMENTS 92 Standalone Financial Statements 157 Consolidated Financial Statements 219-233 NOTICE Investor Information CIN : L65910MH1996PLC280969 BSE Code : 532798 NSE Symbol : NETWORK18 Bloomberg Code : NETM:IN AGM Date : 16th September, 2026 A NETWORK FOR EVERY MOMENT Moments define how we experience the network and is communicated to audiences world. They inform our decisions, shape our with agility, fostering engagement across perspectives, spark conversations, and create diverse communities and geographies. a lasting impact. In the constantly changing Credibility is central to this strategic world around us, timely information, approach, which emphasizes trust as backed by credible insights and meaningful the foundation of every interaction content, is essential for navigating every across every moment. moment that matters. Through development of future-ready The Network18 media ecosystem is there capabilities, innovative content with its audience for every moment – formats, and investments in emerging big or small, global or local, planned technologies, we continue to strengthen or unexpected. It is built to maintain a our value proposition - an enhanced continuous connection with the pulse focus on informing, engaging and of India and the world by covering all empowering audiences with reliability, the important moments, decoding them responsibility and relevance. in a simpler language, and ensuring continuous engagement with audiences across the country. Our diversified media presence, spanning BECAUSE, WE BELIEVE, genres, languages, regions, formats and EVERY MOMENT platforms, equips us to serve the evolving needs of audience. Our portfolio ensures MATTERS. that every moment finds relevance in our Disclaimer: This document contains statements about expected future events and financials of Network18 (‘the Company’), which are forward-looking. By their nature, forward-looking statements require the Company to make assumptions and are subject to inherent risks and For more investor-related uncertainties. There is a significant risk that the assumptions, predictions, and other forward- information, please visit: looking statements may not prove to be accurate. Readers are cautioned not to place undue https://www.nw18.com/ reliance on forward-looking statements as several factors could cause assumptions, actual future results and events to differ materially from those expressed in the forward-looking Or simply scan the QR code statements. Accordingly, this document is subject to the disclaimer and qualified in its entirety by the assumptions, qualifications and risk factors referred to in the Management Discussion and Analysis section of this Annual Report. DESIGNED FOR EVERY KIND OF MOMENT Across India, dramatic images of Operation Sindoor are still etched in the minds of people. Visuals from many notable moments of the elections held in several states of India during the year served as a reminder of how elections shape the future of world’s largest democracy. Elaborate coverage of the impact of the tariff wars underlined 22 the global macroeconomic linkages in the TV Channels inter-connected world of today. And more recently, videos emanating from the West Asian region demonstrated the geopolitical fragility under which the world lives. Network18 has been at the forefront of capturing all these moments, and many more. By recording every significant moment through the lens of credibility and authenticity, we continue to build cohesive and engaging narratives to communicate important information and news to audiences Digital seeking a clear discourse, beyond mere reporting. We disseminate these destinations narratives in the language of the people, in ways they understand, to drive meaningful and engaging conversations. We have built a reputation for forceful and fearless media coverage by not following the trending media behavior but by shaping new trends. Our focus on real-time reporting, data-driven content dissemination, and digital-first journalism – at both, the national and hyperlocal scale – has made us one of India’s most trusted media networks. Our unmatched reach, diverse portfolio spanning television and digital, Languages and a future-focused strategy has positioned us as a powerful media powerhouse, driving national conversations, accelerating financial literacy, and delivering hyperlocal news in over a dozen regional languages. 2 Annual Report 2025-26 Corporate Overview | Statutory Reports | Financial Statements Designed for Every Kind of Moment PG-2-3 Digital Assets Television Assets Strategic Stakes in Media Ventures Network18 Media & Investments Limited 3 ONE NETWORK FOR EVERY INDIAN Across markets, genres, platforms, and a seamless connect with our audiences. languages, Network18 stands out as the It satiates their hunger for news and preferred destination for every Indian. information instantaneously, without delay, From breaking news to debates, from driving a growing viewer engagement. It lends financial coverage to business insights, from us a distinctive position across genres and entertainment to sports, from global to media platforms, reflected in our leadership domestic reporting, and from documentaries rankings and in the numbers that define our to explainers and digital creator collaborations increasing audience connect. – we are there for our viewers in every way. Our multi-media approach, blending broadcast, digital and social media, ensures 4 Annual Report 2025-26 Corporate Overview | Sta [Showing first 8,000 characters — download PDF for full document]