PDS LIMITED : STEP-DOWN SUBSIDIARY DIVESTS 26% STAKE IN ASSOCIATE

• Nobleswear (Private) Limited, Sri Lanka, has ceased to be a step-down associate of PDS Limited. • This follows the divestment of the entire 26% equity stake by PDS's step-down subsidiary, Nor Lanka Manufacturing Limited, Hong Kong. • The transaction, effective June 5, 2026, was informed to the company on July 10, 2026. • The consideration received from the sale/disposal was ~₹95.31 (USD 1). • The buyer is Nobles (Private) Limited, Company Number: PV 2617, located in Sri Lanka. • The transaction is not a related-party transaction. Impact: Neutral (Standard corporate action with no immediate financial impact disclosed)

PDS Ltd

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