OnMobile Global Ltd. — Capital/Financing Update 2019

Dec 21, 2019

onmobile

India ONMOBILE GLOBAL LIMITED Veerasandra Village, Attibele Hobli, Bangalore - 560100, Karnataka, Anekal Taluk, Electronic City Phase-l Tower #1, 94/1 C & 94/2,

Email - investors@onmobile.com P: +91 80 4009 6000 j F: +91 80 4009 6009 CIN - L64202KA2000PLC027860

www.onmobile.com

December 21, 2019

The Listing Department National Stock Exchange of India Limited Exchange Plaza, Plot No. Cl I, G Block, Bandra- Kurla Complex, Bandra (E), Mumbai - 400 051 To

Scrip Code: ONMOBILE

The Secretary Department of Corporate Services BSE Limited PJ Towers, Dalal Street, Mumbai - 400 00 I Scrip Code: 532944

Dear Sir/Madam,

Sub: Disclosure under regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015

Ref: Our Intimation dated September 14, 2019 and November 29, 2019

With reference to the above, we here by disclose to the Stock Exchanges that OnMobile Global Limited ('OGL' I 'the Company') has received the enclosed letter from OnMobile Systems Inc., Promoter of the Company ("OMS!") informing termination of Share Purchase Agreement with Jump Networks Limited ('JUMPNET').

Please take the same on record.

Thanking you,

Yours sincerely, For OnMobile Global Limited

P. V. Varaprasad Company Secretary ( p. \J v4" M�

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Encl: a/a

December 20, 2019

onmobile

OnMobile Systems Inc. 40, rue McGill, 5[th ] floor, Montreal, Canada

To, The Company Secretary, OnMobile Global Limited, Tower # 1, 94/1 C & 94/2, Veerasandra Village, Electronic City, Phase - 1, Bangalore - 5601 00, India.

Dear Sir,

Sub.: Sale of shares of OnMobile Global Limited

This is an update to the earlier intimations dated September 14, 2019 (the "September[14][th ] Intimation") and November 28, 2019 (the "November 28[th ] Intimation"), each by OnMobile Systems Inc. ("OMSI"), the promoter of OnMobile Global Limited ("ONMOBILE"), to ONMOBILE, regarding the sale of 19,000,000 equity shares of ONMOBILE (the "Sale Shares") at a price ranging from INR 75.50 per Sale Share to INR 78.00 per Sale Share (the "Sale Price Range", and such sale of the Sale Shares within the Sale Price Range, the "Sale").

As intimated to you in the September 14[th ] Intimation, OMSI had entered into a share purchase agreement dated September 13, 2019 (the "SPA Date") with Jump Networks Limited ("JUMPNET") for the sale of the Sale Shares within the Sale Price Range (the "Share Purchase Agreement"). The Sale, subject to the conditions set out in the Share Purchase Agreement, was expected to be conducted within 75 days from the SPA Date.

Thereafter, as intimated to you in the November 28[th ] Intimation, OMSI and JUMPNET mutually agreed to extend the time period, within which the Sale was expected to be conducted, to December 20, 2019. However, the Sale has not been undertaken as of December 20, 2019 and accordingly the Share Purchase Agreement stands terminated.

You are requested to communicate the above to the stock exchanges.

Yours faithfully, For OnMobile Systems Inc. �/� a �t, ( �RANCOIS-CHARLES SIROIS Chief Executive Officer

460 McGill Street, Suite 500 Montreal, Quebec H2Y-2H2 Canada