E2E Networks Limited — Capital/Financing Update 2021

May 10, 2021

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E2E Networks Limited

Low Latency Hosting in India CIN NUMBER - L72900DL2009PLC341980

Regd. Office : Awfis, First Floor, A-24/9, Mohan Cooperative Industrial Estate, Mathura Road, Saidabad, New Delhi-110044, Phone +91-11-411-33905 Email : cs@e2enetworks.com, Website https://www.e2enetworks.com/

May 10, 2021

The National Stock Exchange of India Ltd Corporate Communications Department “Exchange Plaza”, 5[th] Floor, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051

Scrip Symbol: E2E

Subject: Statement giving details of deviation(s) and/or variation(s) in utilization of Funds received pursuant to Conversion of Share Warrants issued on Preferential Basis, pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for half year ended on March 31, 2021

Dear Sir/Madam,

Pursuant to the provisions of Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, please find enclosed herewith the Statement of Utilization of proceeds raised from Conversion of Share Warrants issued on Preferential basis for the half year ended on March 31, 2021.

Kindly take the same on your records and acknowledge the receipt for the same.

Thanking You, Yours Faithfully, For E2E Networks Limited

NEHA BAID

Digitally signed by NEHA BAID DN: c=IN, o=Personal, postalCode=110052, st=Delhi, 2.5.4.20=4405ef825482f87554543529ea41c651edf256da2c4b61605aefc0a3e1ada12b, serialNumber=3a81df6a442f63cb65f0a61204595b9938c1a0402b3e82fe83d72c3c7a43f569, cn=NEHA BAID Date: 2021.05.10 16:12:39 +05'30'

Neha Baid Company Secretary Cum Compliance Officer Membership No-A33753

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E2E Networks Limited

Low Latency Hosting in India CIN NUMBER - L72900DL2009PLC341980

Regd. Office : Awfis, First Floor, A-24/9, Mohan Cooperative Industrial Estate, Mathura Road, Saidabad, New Delhi-110044, Phone +91-11-411-33905 Email : cs@e2enetworks.com, Website https://www.e2enetworks.com/

(Amount in Rs. Lakhs)

Statement of Deviation / Variation in utilisation of funds raised

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----- Start of picture text ----- Name of listed entity E2ENETWORKSLIMITEDMode of Fund Raising Conversionof ShareWarrantsissued onPreferentialBasisDate of Raising Funds 10.02.2021Amount Raised (Rs. in Lakhs) 13.71Report filed for Half Year ended March 31,2021Monitoring Agency N.AMonitoring Agency Name, if applicable N.AIs there a Deviation / Variation in use of funds NoraisedIf yes, whether the same is pursuant to N.Achange in terms of a contract or objects,which was approvedby the shareholdersIf Yes, Date of shareholder Approval N.AExplanation for the Deviation / Variation N.AComments of the Audit Committee after N.AreviewComments of the auditors, if any N.AObjects for which funds have beenraised and where there has been adeviation, in the following tableOriginal Object Modified Original Modified Funds Amount of RemarksObject, if Allocation allocation, Utilised Deviation/ if anyany (Amount if any (Amount Variationin Rs. in Rs. for theLakhs) Lakhs) half yearaccordingtoapplicable objectTo meet long-term funding and working capital N.A 13.71 N.A 13.71 N.Arequirements of the Company and for othergeneral corporate purposes----- End of picture text -----

Yours Faithfully, For E2E Networks Limited

Digitally signed by NEHA BAID DN: c=IN, o=Personal, postalCode=110052, st=Delhi,

NEHA BAID

2.5.4.20=4405ef825482f87554543529ea41c651edf256

da2c4b61605aefc0a3e1ada12b, serialNumber=3a81df6a442f63cb65f0a61204595b9938c1a0402b3e82fe83d72c3c7a43f569, cn=NEHA BAID Date: 2021.05.10 16:13:28 +05'30'

Neha Baid Company Secretary Cum Compliance Officer Membership No-A33753