KPIL : SWEDISH STEP-DOWN SUBSIDIARY LINJEMONTAGE LISTED ON NASDAQ STOCKHOLM

• Linjemontage i Grästorp AB (LMG) listed on Nasdaq Stockholm under ticker LMGAB. • KPIL retains approx. 65.9% stake in LMG post-listing. • KPTS to receive gross consideration of SEK ~711.5 Million. • IPO priced at SEK 46 per equity share, valuing LMG at SEK 2,357 million. • Impact: Strategic listing to accelerate growth in Nordic EPC power infrastructure market.

Kalpataru Projects International Limited

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