Latent View Analytics Limited — Capital/Financing Update 2024

Jun 26, 2024

June 26, 2024

BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Mumbai-400 001. Bandra Kurla Complex Bandra East, Scrip Code: 543398 Mumbai 400 051 Scrip Symbol: LATENTVIEW

Dear Sir/Madam,

Ref: Intimation dated March 28, 2024, regarding the Board approval for the acquisition of Decision Point Private Limited.

Sub: Intimation for extension of timeline for completion of 1[st] Tranche of acquisition.

This is in continuation to our intimation dated March 28, 2024, regarding the Board approval for acquisition of up to 100% of the equity share capital in multiple tranches and the subsequent execution of Share Purchase Agreement (“SPA”) and Shareholders Agreement (“SHA”) (hereinafter referred to as “Transaction Documents”) between Latent View Analytics Limited, Decision Point Private Limited (hereinafter referred to as the “Target”) and its selling shareholders (hereinafter referred to as the “Parties”).

Pursuant to the Transaction Documents, it was agreed that the first tranche, i.e. the acquisition of 70% of the outstanding equity share capital on a fully diluted basis of the Target, was to be completed within 90 days (“Long Stop Date”) of the execution of the Transaction Documents unless mutually extended by the Parties.

We would like to inform you that, through a Letter of Understanding executed today i.e. June 26, 2024, the Parties have agreed to mutually extend the Long Stop Date to 120 days from the execution date of the Transaction Documents.

All other terms referred to in the Transaction Documents remain unchanged.

This is for your information and records.

Thanking you,

For Latent View Analytics Limited

PARTHASAR Digitally signed by PARTHASARATHY ATHY SRINIVASAN SRINIVASAN Date: 2024.06.26 21:30:02 +05'30'

P. Srinivasan

Company Secretary and Compliance Officer