Outcome of Board Meeting

August 25, 2026 To To Listing Department Listing Department BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal Street, Fort, Plot no. C/1, G Block, Mumbai - 400 001 Bandra Kurla Complex, Bandra(E), Mumbai - 400 051 Scrip Code: 539658 Scrip Code: TEAMLEASE Dear Sir/Ma’am, Sub: TeamLease Services Limited (TeamLease/the Company) - Outcome of Board Meeting held on August 25, 2026 Ref: Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015 With reference to the captioned subject and pursuant to Regulation 30 of the SEBI LODR Regulations, 2015, we wish to inform you that meeting of Board of Directors of the Company commenced today at 08:30 A.M. IST and concluded at 09:45 A.M. IST. Pursuant to Regulation 30 read with Part A of Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby inform that based on the recommendation of Nomination and Remuneration Committee (“Committee”), the Board of Directors of the Company, subject to the approval of the Shareholders’ of the Company and such other regulatory/statutory approvals as may be required, has approved the formulation and implementation of employee stock option plan titled “TeamLease Services Limited Employee Stock Options and Restricted Stock Units Scheme 2026” (“ESOS 2026” or the “Scheme”), in accordance with the provisions of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. In compliance with Regulation 30 of SEBI LODR Regulations, 2015 and SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, please find enclosed herewith the required disclosures in Annexure A. Kindly take the above information on record as per SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 and oblige. TeamLease Services Limited, CIN: L74140KA2000PLC118395 Registered Office: Infinix Square, B-4, B-5, B-6, HAL Industrial Estate, HAL GB Quarters, Vibhutipura, Bengaluru, Karnataka – 560037 Ph: (91-80) 6824 3333 Fax: (91-80) 6824 3001 Email ID: corporateaffairs@teamlease.com Website: https://group.teamlease.com Business Portal: https://www.teamlease.com Thanking You. Yours faithfully, For TeamLease Services Limited Alaka Chanda Company Secretary and Compliance Officer Encl: As above TeamLease Services Limited, CIN: L74140KA2000PLC118395 Registered Office: Infinix Square, B-4, B-5, B-6, HAL Industrial Estate, HAL GB Quarters, Vibhutipura, Bengaluru, Karnataka – 560037 Ph: (91-80) 6824 3333 Fax: (91-80) 6824 3001 Email ID: corporateaffairs@teamlease.com Website: https://group.teamlease.com Business Portal: https://www.teamlease.com Annexure A Details under Regulation 30 of the SEBI LODR Regulations, 2015 read along with SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 S. No Particulars Details No grants have been made as on date, since ESOS 2026 is subject to Shareholders’ approval. Under the scheme, a pool of 1,79,515 (One Lakh Seventy-Nine Thousand Five Hundred and Fifteen only) employee stock 1 Brief details of options granted options (“Options”) and 76,935 (Seventy-Six Thousand Nine Hundred and Thirty-Five only) restricted stock units (“RSUs”) is proposed to be created. Each Option/RSU shall be convertible into or exercisable for one fully paid-up equity share of the Company having a face value of ₹10 (Rupees Ten only) each. Whether the scheme is in terms of Yes, ESOS 2026 is in compliance with Securities and Exchange SEBI (Share Based Employee 2 Board of India (Share Based Employee Benefits and Sweat Equity) Benefits and Sweat Equity) Regulations, 2021. Regulations, 2021 2,56,450 (Two Lakhs Fifty-Six Thousand Four Hundred and Fifty Total number of shares covered 3 only) equity shares of face value of Rs. 10/- (Rupees Ten only) by these Options each fully paid-up. The Exercise Price for each category of equity instrument shall be determined as follows: i. Options: The exercise price per Option shall be determined by the Committee, subject to a maximum discount of up to 40% (Forty percent) on the market price 4 Pricing Formula of the equity share on the grant date. ii. For RSUs: The exercise price per RSU shall be equal to the face value of the equity share of the Company as on the grant date. However, in all cases, the exercise price shall not be less than the face value of the equity share of the Company. 5 Options Vested Not applicable at this stage. Time within which options may be Vested Options/RSUs may be exercised within a maximum period exercised of four years from the respective vesting date. 7 Options exercised Not applicable at this stage. Money realized by exercise 8 Not applicable at this stage. of options The total number of shares 9 arising as a result of exercise Not applicable at this stage. of options TeamLease Services Limited, CIN: L74140KA2000PLC118395 Registered Office: Infinix Square, B-4, B-5, B-6, HAL Industrial Estate, HAL GB Quarters, Vibhutipura, Bengaluru, Karnataka – 560037 Ph: (91-80) 6824 3333 Fax: (91-80) 6824 3001 Email ID: corporateaffairs@teamlease.com Website: https://group.teamlease.com Business Portal: https://www.teamlease.com 10 Options lapsed Not applicable at this stage. 11 Variation of terms of options Not applicable at this stage. The significant terms of ESOS 2026 shall be disclosed in the 12 Brief details of significant terms explanatory statement forming part of the Postal Ballot Notice and will also be made available on the Company’s website. Subsequent changes or 13 cancellation or exercise of such Not applicable at this stage. options Diluted earnings per 14 share pursuant to issue of equity Not applicable at this stage. shares on exercise of options ***** TeamLease Services Limited, CIN: L74140KA2000PLC118395 Registered Office: Infinix Square, B-4, B-5, B-6, HAL Industrial Estate, HAL GB Quarters, Vibhutipura, Bengaluru, Karnataka – 560037 Ph: (91-80) 6824 3333 Fax: (91-80) 6824 3001 Email ID: corporateaffairs@teamlease.com Website: https://group.teamlease.com Business Portal: https://www.teamlease.com