Embassy Office Parks REIT has informed the Exchange regarding Credit rating obtained on 26/08/2026

August 27, 2026 To, To, The Corporate Relations Department, The Corporate Relations Department, The National Stock Exchange of India Limited, Department of Corporate Services, Exchange Plaza, 5th Floor, BSE Limited, Plot No. C/1, G-Block, Bandra-Kurla Complex, Bandra (East), 25th Floor, Phiroze Jeejeebhoy Towers, Mumbai − 400051. Dalal Street, Mumbai − 400001. Re: Scrip Symbol “EMBASSY” Scrip Code 542602 Dear Sir/ Madam, Subject: Disclosure under Regulation 23(5) of the SEBI (Real Estate Investment Trusts) Regulations, 2014, in respect of Credit Rating letter received by Embassy Office Parks REIT (“Embassy REIT”) We wish to inform you that CARE Ratings Limited (“CARE”) has assigned the credit rating of CARE AAA/ Stable for the non-convertible debentures proposed to be issued by Embassy REIT. Please see enclosed, as Annexure I, the rating letter along with rationale issued by CARE. Thanking you, For and on behalf of Embassy Office Parks REIT acting through its Manager, Embassy Office Parks Management Services Private Limited Vinitha Menon Head - Company Secretary and Compliance Officer A25036 Encl: As above Embassy Office Parks Management Services Private Limited (acting as the Manager to Embassy Office Parks REIT) Registered Office: 12th Floor, Pinnacle Tower, Embassy One, 8, Bellary Road, Ganganagar, Bengaluru, Karnataka, India – 560 032 T: (080) 69354864 E: secretarial@embassyofficeparks.com CIN: U70100KA2014PTC073362 Website of Embassy Office Parks REIT: www.embassyofficeparks.com Annexure I No. CARE/PRO/RL/2026-27/1119 Shri Sudarsan Balasubramaniam EMBASSY OFFICE PARKS REIT Embassy One, Pinnacle Tower, 12th Floor, Bellary Road, Ganga Nagar, Bengaluru Karnataka 560032 August 26, 2026 Confidential Dear Sir, Credit rating for proposed Non-Convertible Debenture issue Please refer to your request for rating of proposed medium term Non-convertible Debenture (NCD) issue aggregating to Rs.1600 crore of your Trust. The proposed NCDs would have tenure of 3 to 5 years with bullet repayment at the end of last year 2. The following ratings have been assigned by our Rating Committee: Amount Sr. No. Instrument Rating1 Rating Action 1. Non Convertible Debentures 1,600.00 CARE AAA; Stable Assigned 3. Please arrange to get the rating revalidated, in case the proposed issue is not made within a period of six months from the date of our initial communication of rating to you (that is February 20, 2027). 4. In case there is any change in the size or terms of the proposed issue, please get the rating revalidated. 5. Please inform us the below-mentioned details of issue immediately, but not later than 7 days from the date of placing the instrument: Name and Issue Coupon contact Details Instrument Size Coupon Terms of Redemption ISIN Payment details of of top 10 type (Rs Rate Redemption date Dates Debenture investors Trustee 6. Kindly arrange to submit to us a copy of each of the documents pertaining to the NCD issue, including the offer document and the trust deed. 1Complete definitions of the ratings assigned are available at www.careratings.com CARE Ratings Limited 9th Floor, Pride Kumar Senate, Plot No. 970, Corporate Office :4th Floor, Godrej Coliseum, Bhamburda, Senapati Bapat Road, Shivaji Nagar, Somaiya Hospital Road, Off Eastern Express Pune -411016 Highway, Sion (E), Mumbai -400 022 Phone: +91-20-4000 9000 Phone: +91-22- CIN-L67190MH1993PLC071691 Page 1of 3 7. The rating report for the rating will be communicated to you separately. A write-up (press release) on the above rating is proposed to be issued to the press shortly, a draft of which is enclosed for your perusal as Annexure 2. We request you to peruse the annexed document and offer your comments if any. We are doing this as a matter of courtesy to our clients and with a view to ensure that no factual inaccuracies have inadvertently crept in. Kindly revert as early as possible. In any case, if we do not hear from you by August 26, 2026, we will proceed on the basis that you have no any comments to offer. 8. CARE Ratings Ltd. reserves the right to undertake a surveillance/review of the rating from time to time, based on circumstances warranting such review, subject to at least one such review/surveillance every year. 9. CARE Ratings Ltd. reserves the right to revise/reaffirm/withdraw the rating assigned as also revise the outlook, as a result of periodic review/surveillance, based on any event or information which in the opinion of CARE Ratings Ltd. warrants such an action. In the event of failure on the part of the entity to furnish such information, material or clarifications as may be required by CARE Ratings Ltd. so as to enable it to carry out continuous monitoring of the rating of the bank facilities, CARE Ratings Ltd. shall carry out the review on the basis of best available information throughout the life time of such bank facilities. In such cases the credit to publicize/disseminate all the afore-mentioned rating actions in any manner considered appropriate by it, without reference to you. 10. Our ratings do not factor in any rating related trigger clauses as per the terms of the facility/instrument, which may involve acceleration of payments in case of rating downgrades. However, if any such clauses are introduced and if triggered, the ratings may see volatility and sharp downgrades. 11. Users of this rating may kindly refer our website www.careratings.com for latest update on the outstanding rating. 12. Our ratings are notrecommendations to buy, sell or hold any securities. 13. If you need any clarification, you are welcome to approach us in this regard. We are indeed, grateful to you for entrusting this assignment to CARE Ratings Ltd. Thanking you, Yours faithfully, CARE Ratings Limited 9th Floor, Pride Kumar Senate, Plot No. 970, Corporate Office :4th Floor, Godrej Coliseum, Bhamburda, Senapati Bapat Road, Shivaji Nagar, Somaiya Hospital Road, Off Eastern Express Pune -411016 Highway, Sion (E), Mumbai -400 022 Phone: +91-20-4000 9000 Phone: +91-22- CIN-L67190MH1993PLC071691 Page 2of 3 Vatsalkumar Jain Sonal Bhageria Lead Analyst Associate Director vatsal.jain@careedge.in sonal.bhageria@careedge.in Encl.:As above Disclaimer e opinions on the likelihood of timely payment of the obligations under the rated instrument and are not recommendations to sanction, renew, disburse, or recall the concerned bank facilities or to buy, sell, or hold any security. Any opinions expressed herein are in good faith and are subject to change without notice. The rating reflects the opinions as on the date of the rating. A rating does not convey suitability or price for the investor. The rating agency does not conduct an audit on the rated entity or an independent verification of any information it receives and/or relies on for the rating exercise. CareEdge Ratings has based its ratings/outlook on the information obtained from reliable and credible sources. CareEdge Ratings does not, however, guarantee the accuracy, adequacy, or completeness of any information and is not responsible for any errors or omissions and the resultsobtained from the use of such information. The users of the rating should rely on their own judgment and may take professional advice while using the rating in any way. CareEdge Ratings shall not be liable for any losses that user may incur or any financial liability whatsoever to the user of the rating. The use or access of the rating does not create a client relationship between CareEdge Ratings and the user. CAREEDGE RATINGS DISCLAIMS WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR OTHER WARRANTIES OR CONDITIONS, TO THE EXTENT PERMITTED BY APPLICABLE LAWS, INCLUDING WARRANTIES OF MERCHANTABILITY, ACCURACY, COMPLETENESS, ERROR-FREE, NON- INFRINGEMENT, NON-INTERRUPTION, SATISFACTORY QUALITY, FITNESS FOR A PARTICULAR PURPOSE OR INTENDED USAGE. Most entities whose bank facilities/instruments are rated by CareEdge Ratings have paid a credit rating fee, based on the amount and type of bank faciliti [Showing first 8,000 characters — download PDF for full document]