Allotment of 4,26,599 Equity shares pursuant to exercise of vested stock options by the employees under Employee Stock Option Schemes of the Company

Nykaa's Nomination and Remuneration Committee allotted 4,26,599 equity shares on May 20, 2025, following the exercise of vested stock options by employees under the company's ESOP schemes. The newly issued shares will rank equally with existing equity shares in all respects. The disclosure has been made under SEBI's Listing Obligations and Disclosure Requirements (Regulation 30). This is a routine corporate action tied to employee compensation.