PDS LIMITED — Notice of Dividend Amount 2022

Nov 7, 2022

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PDSL/SE/2022-23/184

November 7, 2022

Listing Department Corporate Relationship Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1 Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (E), Dalal Street, Mumbai -400 051 Mumbai- 400001 Scrip Symbol: PDSL Scrip Code: 538730

Re.: INE111Q01021

Sub: Press Release titled- PDS Limited’s Board Approves Interim Dividend of ₹2.50 per share

Dear Sir/ Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Press Release dated November 7, 2022 of the Company titled - PDS Limited’s Board Approves Interim Dividend of ₹2.50 per share.

We request you to kindly take the above information on record for the purpose of dissemination to the Shareholders of the Company.

Thanking you,

Yours faithfully, for PDS Limited (Erstwhile PDS Multinational Fashions Limited)

ABHISHEK Digitally signed by ABHISHEKH KANOI H KANOI Date: 2022.11.07 14:47:55 +05'30' Abhishekh Kanoi Head of Legal & Company Secretary ICSI Membership No.: F-9530

Encl.: a/a

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PDS Limited’s Board Approves Interim Dividend of ₹2.50 per share

7[th] November 2022: PDS Limited, the global fashion infrastructure company offering product development, sourcing, manufacturing, and supply chain management catering to leading global brands and retailers with a presence in over 22 countries.

The Board of Directors of the Company today has approved an Interim Dividend of ₹2.50 per share. The Company adopted a dividend distribution policy in FY2021. As per this policy, the endeavor of the Company would be to declare a Dividend of at least 25% of the profit after tax in a given year to the shareholders. The record date for determining the entitlement of shareholders for the Interim Dividend has been fixed as 18[th] November 2022.

The Company reported its first half of FY2022-23 financial results on 2[nd] November 2022. The consolidated Revenue from Operations of the Company increased by 38% to ₹5,262cr and EBITDA increased by 62% to ₹192cr. The Profit After Tax stood at ₹157cr with a basic EPS of ₹10.03 in the first half of FY2022-23. The Company has announced 25% EPS as a dividend translating into a payout of 125% of the ₹2 per share face value of the equity shares of the Company.

The Company had declared dividends consistently for the last two years, with ₹4.77 per share and ₹3.15 per share declared in FY22 and FY21 respectively (Adjusted for the stock split of the face value from ₹10 per share to ₹5 per share; pre-split the dividend was ₹23.85per share and 15.75 per share for the respective periods mentioned above).

About PDS Limited: (www.pdsmultinational.com)

PDS Limited is a global fashion infrastructure company offering product development, sourcing, manufacturing, and distribution for major brands and retailers worldwide. The Company operates a vast global network covering over 50 offices, 22 countries, and over 3,300 associates, and 6,500 factory associates worldwide. The Company reported consolidated revenues of ₹8,828cr in fiscal 2021-22, an increase of 1.8x over the last five years. Further, Profit after tax has increased at a 5-year CAGR of 50%, with a ROCE of 38% in 2021-22.

The Company is listed on the BSE Ltd. (538730) and the National Stock Exchange of India Ltd (PDSMFL).

For more information contact:

Ishita Mookherjee (Corporate Communications) PDS Limited Tel: +91 9819838566 E-mail: ishita.mookherjee@pdsltd.com

Kiwishka Prasad Concept Public Relations Tel: +91 7506861969 Email: kiwishka@conceptpr.in

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DISCLAIMER:

Certain statements that are made in the Press Release may be forward-looking statements. Such forwardlooking statements are subject to certain risks and uncertainties like significant changes in the economic environment in India and overseas, tax laws, inflation, litigation, etc. Actual results might differ substantially from those expressed or implied. PDS Limited. will not be in any way responsible for any action taken based on such statements and discussions and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

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