ONMOBILE GLOBAL Q2 FY27 CONCALL: TARGETS 15–20% GAMING SUBSCRIPTION GROWTH IN FY27; ONMO+ REVENUE EXPECTED TO SCALE IN FY28, PLANS FUNDRAISING FOR GLOBAL EXPANSION

• FY27 Gaming Revenue Guidance: Management reiterated its target of 15–20% YoY growth in the gaming subscription business, compared with approximately 30% growth last year. • Entertainment & Communication Guidance: Management targets 2–5% revenue growth in its traditional entertainment and communication business. • EBITDA Margin Targets: Management aims for approximately 25% EBITDA margin in entertainment and communication services and 20–25% in gaming subscriptions, compared with around 10% currently in gaming subscriptions. • ONMO+ Long-Term Margin Outlook: Management indicated a potential EBITDA margin range of 15–25% for the smart console business, depending on expansion scale and marketing investments. • ONMO+ Revenue Outlook: Management expects some ONMO+ revenue recognition during H2 FY27, with a more significant contribution anticipated in FY28. • Spain Launch: ONMO+ Smart Console is scheduled for launch in Spain during November 2026, targeting the Black Friday shopping period. • Spain Retail Expansion: Management expects ONMO+ consoles to be available in more than 350 retail stores in Spain during the initial launch. • India Distribution Expansion: Company signed a distribution agreement with Savex to expand ONMO+ availability across physical retail, e-commerce and quick-commerce channels. • Poorvika Partnership: ONMO+ consoles are already available in approximately 70 Poorvika stores, with further expansion planned through retail partners. • E-Commerce Expansion: Management expects availability through additional platforms, including Amazon, and plans to launch direct sales through its own website. • ONMO+ Pricing: The introductory console package is priced at ₹4,999 in India and €59 in Spain, including a controller and three months of gaming access. • Future Pricing Strategy: Management plans to gradually increase ONMO+ pricing in Spain during 2027 as brand awareness and market adoption improve. • ONMO+ Product Offering: Company is also introducing longer-duration gaming packages, including a proposed €240 package in Spain with 48 months of access and two controllers. • Global B2B Expansion: Management is in advanced discussions with telecom and broadband operators across Southeast Asia, the Middle East, Africa and Europe for ONMO+ partnerships. • Deal Conversion Outlook: Management expects potential deal closures across business segments over the next 3–5 months, subject to customer negotiations and trials. • Fundraising Plans: Management confirmed that additional capital will be required to support ONMO+'s global expansion and expects to approach investors in the coming months. • Fundraising Structure: Company is evaluating raising funds either at the OnMobile Global level or through regional subsidiaries. No transaction or amount has been finalized. • Profitability Outlook: ONMO+ marketing and international launch expenses are expected to weigh on consolidated EBITDA and PAT in the near term, with management seeking improved margins as revenue scales. • Gaming Subscriber Growth: Active gaming subscribers increased 5.4% QoQ to approximately 1.45 crore, supported by growth across Asia and other markets. • Gaming Subscription Strategy: Management is prioritizing profitability and cash generation over aggressive subscriber acquisition in markets with weaker marketing returns. • Legacy Business Expansion: Company is preparing new telecom launches in Brazil and Ecuador and upgrading its tones platform to improve operational efficiency. • Buzzmo Expansion: Management is in advanced discussions with telecom operators in Africa, with potential launches in the coming quarter. • Q2 Revenue Performance: Consolidated revenue increased 3.4% QoQ to ₹128 Cr. • Segment Revenue: Entertainment and communication revenue increased 3.5% QoQ to ₹87.7 Cr, while gaming revenue grew 3.2% to ₹40.7 Cr. • Q2 Profitability: Gross margin improved to 52.9% from 51.7% QoQ, while EBITDA increased to ₹2.4 Cr from ₹1.5 Cr in Q1. • Key Challenges: High ONMO+ marketing costs, additional funding requirements, uncertain console adoption, lengthy B2B sales cycles and continued pressure on consolidated profitability remain important factors.

ONMOBILE GLOBAL LTD.

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