Update on incorporation of KIVA Spirits and Company Limited as per details enclosed.

August 31, 2026 National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Block G, C/1, Bandra Kurla Phiroze Jeejeebhoy Towers Complex, Bandra (E), Mumbai – 400 051 Dalal Street, Mumbai – 400 001 Email: cmlist@nse.co.in Email: corp.relations@bseindia.com Symbol: VBL Security Code: 540180 Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Update on earlier disclosure dated August 25, 2026 Dear Sir / Madam, In continuation to our earlier disclosure dated August 25, 2026 wherein we informed that the Board of Directors of our Company had inter-alia approved the incorporation of a wholly-owned subsidiary company in India, we would like to update that “KIVA Spirits and Company Limited”, a wholly- owned subsidiary of our Company has been incorporated. (the above information was received today at 9:02 A.M. IST) The detailed disclosure as 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 had already been submitted in our earlier intimation dated August 25, 2026. You are requested to take the above on record. Yours faithfully, For Varun Beverages Limited Ravi Batra Chief Risk Officer & Group Company Secretary