Max Estates Limited

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Company Secretary & Compliance Officer Encl: a/a Max Estates Limited Corporate Office: Max Towers, L-20, C-001/A/1, Sector-16B, Noida-201301, Uttar Pradesh, India, | P: +91 120-4743222 Regd. Office: M

Rs. 14,000

tal GDV sold and project under implementation – Rs. • Total GDV acquired and yet to be launched – Rs. 14,000 Cr 7,379 Cr • GDV to be acquired to achieve Rs. 21,000 Cr in next 3 years – Rs. • Rs. 9,500 Cr

Rs. 21,000

tal GDV acquired and yet to be launched – Rs. 14,000 Cr 7,379 Cr • GDV to be acquired to achieve Rs. 21,000 Cr in next 3 years – Rs. • Rs. 9,500 Cr launches planned in H2FY26 7000 Cr • Collection of Rs. 3

Rs. 9,500

– Rs. 14,000 Cr 7,379 Cr • GDV to be acquired to achieve Rs. 21,000 Cr in next 3 years – Rs. • Rs. 9,500 Cr launches planned in H2FY26 7000 Cr • Collection of Rs. 360 Cr in Q1FY26 (efficiency 95%+) • Ma

Rs. 360

,000 Cr in next 3 years – Rs. • Rs. 9,500 Cr launches planned in H2FY26 7000 Cr • Collection of Rs. 360 Cr in Q1FY26 (efficiency 95%+) • Max Square 100% leased out with 23% area leased to Adobe • ~100%

95%

Rs. 9,500 Cr launches planned in H2FY26 7000 Cr • Collection of Rs. 360 Cr in Q1FY26 (efficiency 95%+) • Max Square 100% leased out with 23% area leased to Adobe • ~100% leasing across all CRE asse

100%

es planned in H2FY26 7000 Cr • Collection of Rs. 360 Cr in Q1FY26 (efficiency 95%+) • Max Square 100% leased out with 23% area leased to Adobe • ~100% leasing across all CRE assets at 20-25% premium

23%

7000 Cr • Collection of Rs. 360 Cr in Q1FY26 (efficiency 95%+) • Max Square 100% leased out with 23% area leased to Adobe • ~100% leasing across all CRE assets at 20-25% premium to micro-market

25%

Square 100% leased out with 23% area leased to Adobe • ~100% leasing across all CRE assets at 20-25% premium to micro-market 2. Execution • Estate 128: 19th Floor slab completed. Completion on

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28; • Estate 128 Phase II: Piling work completed, raft foundation in process • Estate 360: Towers 1, 4, 5 & 6 rafts completed; Tower 2 & 3 raft reinforcement ongoing; Basement 2 slab work in progress

Rs. 711

Tower AB • Max Square Two – Basement works in progress • Acquired Sector 105, Noida: 2.5mn SBUA | Rs. 711 Cr cost (deferred payment) | GDV: Rs. 3,000+ Cr | Annuity: Rs. 140+ Cr • Acquired Delhi One, Noid

Rs. 3,000

in progress • Acquired Sector 105, Noida: 2.5mn SBUA | Rs. 711 Cr cost (deferred payment) | GDV: Rs. 3,000+ Cr | Annuity: Rs. 140+ Cr • Acquired Delhi One, Noida: 2.5mn SBUA | Rs. 1,400 Cr capital commit

“227 Cr towards CCD (including interest accrued) of New York Life FY24 Highlights 39 Summary: Financial Highlights for Q1 FY26 • Consolidated Revenue stood at INR 52 Crore in Q1 FY26, a growth of 27% on a YoY basis • Consolidated EBITDA stood at INR 14 Crore in Q1 FY26 • Consolidated PBT stood at INR 17 Crore and PAT stood at INR 12 Crore in Q1 FY26 • Total Leased Area as on 30th June 2025 stood at 1.2 mn sq.”

“• Lease Rental Income (Max Towers + Max House + Max Square) up by 33% YOY basis to INR 34 Crore in Q1 FY26 • Max Asset Services Revenue stood at INR 13 Crore in Q1 FY26, a growth of 52% on a YoY basis • Debt as on June 2025 stood at INR 1,406 Crore, including LRDs of INR 886 Crore • Cash & Cash Equivalents as on June 2025 stood at INR 1,578 Crore 40 Max Estates – Operational Metrics Total Leased Area (in Sq.”

“Mn.) 1,229,109 916,926 373 485 662 1,104 400,563 407,286 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 Total Leased Area (in Sq.”

“Noida Expressway 100% Leased1 Designed around a central forest Marquee tenant profile NDTV, Adobe, AML, Cloud angels, Hero Cycles, General Atomics, Moody’s, Unicharm etc IGBC Platinum certified for Green and pre certified for Health & Wellbeing 52 Central Forest Courtyard 53 Food Court 54 Estate 128 – Our first luxury residential project in NCR Max Estates’ Portfolio Leasable Area ~10 acres Rectangular & contiguous Abutting Noida Gr.”

“Noida Expy Frontage of ~340 m on expressway ~ 7 acres of gardens/ lawns IGBC Platinum pre- certified for Green Homes Representational image The Project is being developed by Max Estates 128 Pvt.”

“The Project is registered with the UPRERA bearing registration no.”

“No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.”

“The Project is registered with the UKRERA bearing registration no.”

“Please refer to project details on the website of http://ukrera.org.in prior to making any decision.”

“The Project is registered with the UPRERA bearing registration no UPRERAPRJ12475 https://www.up- rera.in/projects.”

Events

2

Events

LP Retreat Gurugram A Seat at the Table 2.0 FOS RnR Event 5 Upcountry Events: Dehradun Jaipur Mumbai Moradabad Chandigarh 3 International

Events

Hong Kong Dubai Singapore National Association of Realtors Event 60+ vendors 350+ LiveWell Partners 55+ WorkWell Partners Engaged Engaged Engaged 36 Strong Brand Equity Awards and recognition Execution Enablers Non exhaustive High-end Residential Project of the Year- ET Realty Commercial Project of the Year – ET Realty Best Realty Brands – ET Now Best Organisation for Women – ET Now Best Commercial Project – CNBC International Safety Award – British Safety Council Commercial Project of the Year – RICS Facility Management Team of the Year – RICS Themed Project of the year – Realty+ Real Estate Company of the year – North – Construction Week 37 1 2 3 4 5 6 About Max Estates Project wise update Growth outlook Execution enablers Q1 FY 26 financials Experience WorkWell & LiveWell at Max Estates www.maxestates.in 38 Max Estates Limited –Q1FY26 Performance Highlights Key Highlights Total Leased Area as on date ~1.2 mn sq. Ft. Lease Rental Incomes Q1 FY26 – Rs. 39.3 Cr Total Revenue Q1 FY26 –