Prestige Estates Projects Limited — Capital/Financing Update 2022

Mar 26, 2022

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Date: 26-03-2022

To,

The General ManagerDept. of Corporate ServicesNational Stock Exchange of India LimitedBandra Kurla ComplexBandra (E)Mumbai-400051NSE Scrip code: PRESTIGE	The ManagerDept of Corporate ServicesBSE LimitedFloor 25, P J TowersDalal StreetMumbai – 400 001BSE Scrip code: 533274

Dear Sir / Madam,

Ref: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

We refer to our disclosure dated March 1, 2022 (“ Initial Disclosure ”), made in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“ SEBI LODR ”), wherein we had informed you that Prestige Estates Projects Limited (“ Company ") has signed definitive documents with CPP Investment Board Private Holdings (4) Inc., an affiliate of Canada Pension Plan Investment Board for investing in, and/ or acquiring 51% of the rights and interest held by the Company in the below mentioned completed commercial asset (“ Proposed Transaction ”):

Name of the entity	Name of the asset	Details of the asset
Prestige City EstatesPrivateLimited(“Target Entity”)	Prestige RMZ StarTech(“TargetAsset”)	Commercial project viz., Prestige RMZ StarTechsituatedatMunicipalNo.140,Koramangala,Industrial Area,Bengaluru

In furtherance of the Initial Disclosure, this is to inform you that the Company has consummated the Proposed Transaction.

This is for your information and records.

Thanking you.

Yours faithfully,

For, Prestige Estates Projects Limited.

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Venkat Narayana K Chief Executive Officer

Prestige Estates Projects Limited , Prestige Falcon Towers, No 19 Brunton Road, Bangalore - 560 025. Phone : +91 80 25591080 Fax : +91 80 25591945 E-mail : properties@prestigeconstructions.com www.prestigeconstructions.com CIN : LO7010KA1997PLC022322