Grant of Employee Stock Options under the Leela Employee Stock Option Scheme 2024

LEELA PALACES HOTELS & RESORTS LIMITED (formerly known as Schloss Bangalore Limited) Registered Office: The Leela Palace, Diplomatic Enclave, Africa Avenue, Netaji Nagar New Delhi South Delhi 110023 Tel No. +91 (11) 39331234 Email Id: cs@theleela.com CIN: L55209DL2019PLC347492 Website: www.theleela.com Ref No. THELEELA/2026-27/025 Date: July 21, 2026 To To Sr. General Manager Sr. General Manager Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex Mumbai – 400001 Bandra (E), Mumbai – 400 051 Scrip Code- 544408 Symbol- THELEELA ISIN - INE0AQ201015 ISIN - INE0AQ201015 Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III, we would like to inform that, the Nomination and Remuneration Committee (“NRC”), by way of a circular resolution passed on July 21, 2026, has approved the grant of 21,61,729 employee stock options to the eligible employees under the Leela Employee Stock Option Scheme 2024 (“ESOP Scheme”) of the Company. The required information, in compliance with Para B of Part A of Schedule III to the SEBI Listing Regulations read with the SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure A. The above information will also be available on the website of the Company at www.theleela.com/investors. We request you to kindly take the above on record. Thanking you, For Leela Palaces Hotels & Resorts Limited (formerly known as Schloss Bangalore Limited) Jyoti Maheshwari Company Secretary and Compliance Officer Membership No.: A24469 Encl.: as Above LEELA PALACES HOTELS & RESORTS LIMITED (formerly known as Schloss Bangalore Limited) Registered Office: The Leela Palace, Diplomatic Enclave, Africa Avenue, Netaji Nagar New Delhi South Delhi 110023 Tel No. +91 (11) 39331234 Email Id: cs@theleela.com CIN: L55209DL2019PLC347492 Website: www.theleela.com ANNEXURE-A Details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sl. No. Particulars Details 21,61,729 Options were granted to eligible employees by Nomination & Remuneration 1 Brief details of stock options granted Committee under The Leela Employee Stock Option Scheme 2024. Whether the scheme is in terms of SEBI (Share Based 2 Employees Benefits and Sweat Equity) Regulations, Yes 2021 21,61,729 Options (Each stock option is 3 Total number of shares covered by these options convertible into one fully paid-up equity share having a face value of INR 10 each). The Exercise Price is INR 435/- (Four Hundred and 4 Pricing formula (Exercise Price) Thirty-Five) per option. 5 Options vested Not applicable The exercise period shall be maximum 5 (five) years 6 Time within which option may be exercised; from the date of vesting subject to the terms and conditions of the Scheme. 7 Options exercised Not Applicable 8 Money realized by exercise of Options Not Applicable The total number of shares arising as a result of exercise 9 Not Applicable of Options 10 Options lapsed Not Applicable 11 Variation in terms of Options Not Applicable The Grant shall be governed by the terms and conditions of the ESOP Scheme and the Grant Letter, including, without limitation, the provisions relating to the vesting and exercise of the Options and the treatment of the Options upon the 12 Brief details of significant terms occurrence of events such as death, permanent incapacity, resignation, termination of employment, retirement, or any other circumstances specified under the ESOP Scheme. The Grant is personal to the Grantee and shall not be transferable. Subsequent changes or cancellation or exercise of such 13 Not Applicable Options Diluted earnings per share pursuant to the issue of 14 Not Applicable equity shares on exercise of Options