LLOYDS ENGINEERING WORKS LIMITED : STAKE IN SUBSIDIARY DILUTED

• Lloyds Engineering Works Limited stake in Lloyds Advance Defence Systems Limited diluted by 15% to 85% • Ladsl became a subsidiary of Lloyds Engineering Works Limited from a wholly-owned subsidiary • Dilution follows private placement of equity shares to its holding company and two other investors • Ladsl's Extraordinary General Meeting approved the private placement on June 24, 2026 • Ladsl's Board approved the allotment of equity shares on June 29, 2026 Impact: Neutral (Update on subsidiary shareholding dilution)

Lloyds Enterprises Limited

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