FSN E-COMMERCE VENTURES LIMITED : NYKAA & L'ORÉAL JOIN FORCES TO EMPOWER INDIAN BEAUTY ENTREPRENEURS

• Nykaa and L'Oréal's corporate venture fund, BOLD, will jointly invest in high-growth Indian beauty and personal care brands. • The collaboration will involve taking minority stakes, ensuring founders retain full operational and creative control. • The partnership aims to combine capital with strategic mentorship, global beauty expertise, and local insights. • This intimation is submitted pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

FSN E-Commerce Ventures Limited

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