ZYDUS LIFESCIENCES : ACQUISITION OF STERLING BIOTECH LIMITED'S API BUSINESS CLOSING DATE EXTENDED

• The company has mutually agreed to extend the closing date for the acquisition of Sterling Biotech Limited's API business. • The new closing date is now September 30, 2026. • The original expected completion date was December 31, 2024. • An extension was previously agreed upon to June 30, 2026. • Sterling Biotech Limited is still in the process of completing certain conditions precedents of the Business Transfer Agreement. Impact: Neutral (Extension of closing date for API business acquisition)

Zydus Lifesciences Ltd

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