Allotment of 5,23,900 Equity shares pursuant to exercise of vested stock options by the employees under Employee Stock Option Scheme of the Company

Nykaa's Nomination and Remuneration Committee allotted 5,23,900 equity shares on June 23, 2025, following the exercise of vested stock options by employees under the company's ESOP. The newly issued shares will rank equally with existing equity shares of the company. This is a routine disclosure made under SEBI Listing Regulations to inform the exchanges about the share issuance from stock option exercises.