Grant of Stock Options and Performance Stock Units. For more details, please refer attachment.

Embassy Developments Limited announced the grant of 2,72,935 Stock Options (SOs) and 1,65,887 Performance Stock Units (PSUs) to eligible employees under the company's Employee Stock Option Scheme 2025. The SOs are priced at INR 111.51 per option and the PSUs at INR 2 per unit (face value). Each SO converts into one equity share of face value INR 2. The SOs vest uniformly over 4 years (25% each year), while PSU vesting is tied to achievement of prescribed performance milestones. Vested options can be exercised within 5 years of vesting or 7 years from the grant date, whichever is earlier. The scheme is compliant with SEBI (SBEB) Regulations, 2021 and has received necessary approvals from NSE and BSE.