NAZARA : BOARD APPROVES RS 76.94 CR PREFERENTIAL ALLOTMENT, RS 76.94 CR UK SUBSIDIARY INVESTMENT

• Board approved preferential allotment of ~2.39 Cr equity shares at ₹306/share, aggregating ~₹730.78 Cr, to named individual allottees. • Board approved infusion of up to USD 77.00 million (~₹742.72 Cr) into wholly owned Nazara Technologies UK by subscribing to equity shares, to fund second tranche consideration for Bluetile Games S.L. and Bestplay Systems S.L. • Board approved conversion of ~₹129.35 Cr inter-corporate loan into equity of Smaaash and GBP 23.00 million (~₹294.40 Cr) loan into equity of Nazara UK, both wholly owned subsidiaries. • Leadership change: Nitish Mittersain re-designated from Managing Director to Founder and Non-Executive Director; Mithun Sacheti re-designated as Whole-time Director/Executive Director. • Rohit Sharma resigned as Whole-time Director effective January 11, 2027; CFO Rakesh Shah resigned effective October 15, 2026; Arun Agrawal appointed CFO from October 16, 2026. • Post-allotment paid-up capital rises from ₹76.94 Cr to ₹81.72 Cr (38.47 Cr to 40.86 Cr shares). Impact: Neutral (large capital raise and subsidiary funding support acquisitions, but preferential dilution and senior management transitions add near-term uncertainty)

Nazara Technologies Ltd

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