Allotment of 1,25,500 Equity shares pursuant to the exercise of vested stock options by the employees under the Employees Stock Options schemes of the Company

FSN E-Commerce Ventures Limited (Nykaa) has allotted 125,500 equity shares to employees who exercised their vested stock options under the company's Employee Stock Option Scheme. The Nomination and Remuneration Committee approved this allotment on May 8, 2026. Following this allotment, the company's issued and paid-up share capital has increased. The newly allotted shares will rank equally with existing equity shares in all respects. This disclosure is made under SEBI's Listing Obligations and Disclosure Requirements Regulations.