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Faze Three Ltd. Capital/Financing Update 2023

May 23, 2023

62686_rns_2023-05-23_cbe53012-853c-4a1b-986a-316f43d59cb2.pdf

Capital/Financing Update

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==> picture [102 x 44] intentionally omitted <==

May 23, 2023

To,

BSE Limited National Stock Exchange of India Limited Department of Corporate Services, Listing Compliance Department, P. J. Towers, Dalal Street, Exchange Plaza, Plot No. C/ 1, G Block, Mumbai – 400 001. Bandra Kurla Complex, Bandra (E), Mumbai – 400 051. Scrip Code: 530079 Symbol: FAZE3Q

Dear Sir/Ma’am,

Sub: Intimation of Board Meeting to consider the Proposal for buyback of equity shares of the Company

Pursuant to Regulation 29 of the Securities and Exchange Board of India (‘SEBI’) (Listing Obligations and Disclosure Requirements) Regulations, 2015, notice is hereby given that, a meeting of the Board of Directors of the Company is scheduled to be held on Monday, May 29, 2023 , inter alia , to consider a proposal for buyback of fully paid-up equity shares of the Company in accordance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended, applicable provisions of the Companies Act, 2013 and other applicable laws, if any. (“Buyback Proposal”).

Further, pursuant to the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct, the Trading Window for dealing in the Securities of the Company by all the directors, promoters and promoter group, designated persons, all connected persons and their immediate relatives shall further remain closed till 48 (forty-eight) hours after the declaration of the outcome of the Board Meeting to consider the Buyback Proposal.

You are requested to kindly take the same on record and bring it to the notice of your constituents.

Thanking you,

Yours Sincerely,

For Faze Three Limited

SAMRUDDHI Digitally signed by SAMRUDDHI SANJEEV SANJEEV VARADKAR VARADKAR Date: 2023.05.23 18:44:06 +05'30'

Samruddhi Varadkar Company Secretary & Compliance Officer M. No.: A57168

FAZE THREE LIMITED

(CIN: L99999DN1985PLC000197) Regd. Office: Survey 380/1, Khanvel Silvassa Road, Dapada, Silvassa – 396 230, UT of D&NH Corporate Office: 63/64, 6[th] Floor, Wing C, Mittal Court, Nariman Point, Mumbai - 400021. Tel. : 91 (22) 43514444, 66604600 * Fax : 91 (22) 24936811 * E-mail : [email protected] * Website : www.fazethree.com