The resolutions, proposed for shareholder approval via remote e-voting only, were deemed passed on July 03, 2026, the last date of the e-voting period.

Resolution 1: Ordinary Resolution - Appointment of Mr. Munish Gupta as a Director

This resolution for the appointment of Mr. Munish Gupta (DIN: 09350096) as a Director of the company was passed as an Ordinary Resolution.

Voting Results Breakdown:

  • Promoter & Promoter Group: 13,535,548 shares voted; 100% (13,409,774 votes) in favor.
  • Public - Institutions: 9,372,285 shares held; 8,086,564 votes polled (86.28% turnout). 99.76% (8,067,093 votes) in favor; 0.24% (19,471 votes) against.
  • Public - Non-Institutions: 3,849,860 shares held; 6,464 votes polled (0.17% turnout). 95.61% (6,180 votes) in favor; 4.39% (284 votes) against.
  • Total: 26,757,693 shares outstanding; 21,502,802 votes polled (80.36% turnout). 99.91% (21,483,047 votes) in favor; 0.09% (19,755 votes) against.

Resolution 2: Special Resolution - Appointment of Mr. Munish Gupta as Whole-time Director (Executive Director & CFO)

This resolution for the appointment of Mr. Munish Gupta (DIN: 09350096) as a Whole-time Director with the functional designation of Executive Director and Chief Financial Officer for a period of three years with effect from May 12, 2026, along with the payment of remuneration, was passed as a Special Resolution.

Voting Results Breakdown:

  • Promoter & Promoter Group: 13,535,548 shares voted; 100% (13,409,774 votes) in favor.
  • Public - Institutions: 9,372,285 shares held; 8,086,564 votes polled (86.28% turnout). 99.81% (8,070,832 votes) in favor; 0.19% (15,732 votes) against.
  • Public - Non-Institutions: 3,849,860 shares held; 6,464 votes polled (0.17% turnout). 95.34% (6,163 votes) in favor; 4.66% (301 votes) against.
  • Total: 26,757,693 shares outstanding; 21,502,802 votes polled (80.36% turnout). 99.93% (21,486,769 votes) in favor; 0.07% (16,033 votes) against.

The scrutinizer's report, prepared by Jaspreet Singh Dhawan (FCS 9372; CP 8545) of M/s Jaspreet Dhawan & Associates, confirms the process. The total number of shareholders on the record date (cut-off date: May 29, 2026) was 38,277.

The e-voting period commenced on June 04, 2026, at 9:00 AM IST and ended on July 03, 2026, at 5:00 PM IST. The votes were unblocked on the e-voting website of KFIN Technologies Limited at 5:11 PM IST on July 03, 2026, in the presence of witnesses Nitika Goel and Karan Kakkar.

The postal ballot notice was sent electronically to members whose email IDs were registered as of May 29, 2026. An advertisement was published in the Financial Express (English) and Himachal Times, Shimla (Hindi) on June 03, 2026. The notice is available on the company's website at www.ethoswatches.com.

The report is countersigned by Yashovardhan Saboo, Chairman and Whole-time Director of Ethos Limited (DIN: 00012158).