We hereby inform that the Nomination and Remuneration Committee, through Circular Resolution, approved the allotment of 70,545 equity shares under the "Avalon ESOP Scheme 2022" on August 29, 2026

To: To: BSE Limited The Manager Corporate Relationship Department Listing Department PJ Towers, The National Stock Exchange of India Limited Dalal Street, “Exchange Plaza”, Bandra – Kurla Complex, Mumbai -400001 Bandra (EAST), Mumbai – 400051 BSE SCRIP CODE: 543896 NSE SYMBOL: AVALON Sir/Madam, Sub: - Allotment of Equity Shares pursuant to exercise of Employee Stock Options Ref: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to the above-mentioned SEBI Regulations, we would like to inform you that on Saturday, August 29, 2026, the Nomination and Remuneration Committee, through Circular Resolution, allotted 70,545 equity shares to the employees, consequent upon exercise of their ESOPs, at an exercise price of INR 20/- & INR 700/- as determined under the “AVALON - Employee Stock Option Plan 2022”. In terms of the aforesaid allotment of equity shares, the paid-up capital of the Company stands increased from INR 13,36,23,510 comprising of 6,68,11,755 equity shares to INR 13,37,64,600 comprising of 6,68,82,300 equity shares of Face Value Rs. 2/- each. You are requested to take the above information on your record. For Avalon Technologies Limited Name of the Person: Mr. Ajay Shukla Designation: Company Secretary & Compliance Officer Membership Number: A36992 Date: August 29, 2026