SPAN DIVERGENT LTD.: ARBITRAL AWARD ISSUED AGAINST COMPANY

• Arbitration award for ₹24.56 lakh along with simple interest @ 12% per annum from 09-08-2019 till 02-07-2026 received against the company. • The award was issued by The Gujarat High Court Arbitration Centre, Sola, Ahmedabad, on 02-07-2026. • The matter pertains to an employment agreement between Pareshkumar Prabhudas Patel and M/s Span Divergent Limited, M/s. Aranya Agri Biotech LLP and Viral Pradipkumar Desai. • The arbitral award is adverse to the Company and the Company is considering appropriate legal remedies. • The award has not attained finality and is subject to further legal recourse.

Span Divergent Ltd-$

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