Reliance Industries Ltd — M&A Activity 2023

Aug 11, 2023

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August 11, 2023

BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Bandra-Kurla Complex, Mumbai 400 001 Bandra (East), Mumbai 400 051 Scrip Code: 500325 Trading Symbol: RELIANCE

Dear Sirs,

Sub: Media Release

This is further to the disclosure dated March 9, 2023, made by the Company in regards to a media release by Radisys Corporation, a subsidiary of the Company, titled “ Airspan Networks Holdings and Radisys Corporation ("Radisys”), a subsidiary of Jio Platforms Limited, announce signing of definitive agreements for sale of Mimosa Networks, Inc. to Radisys ”.

Please find attached a media release by Radisys Corporation, as an update to the aforesaid disclosure, titled “Radisys Acquires Mimosa to Accelerate Availability of Broadband Access for Advancing Societies”.

This is for your information and dissemination on your website.

Thanking you,

Yours faithfully, For Reliance Industries Limited

SAVITHRI Digitally signed by SAVITHRI PAREKH PAREKH Date: 2023.08.11 20:42:21 +05'30'

Savithri Parekh Company Secretary and Compliance Officer

Copy to: Luxembourg Stock Exchange 35A boulevard Joseph II L-1840 Luxembourg

Singapore Exchange Limited 2 Shenton Way, #02-02 SGX Centre 1 Singapore 068804

Regd. Office: 3[rd] Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, India Phone #: +91-22-3555 5000, Telefax: +91-22-2204 2268. E-mail: investor.relations@ril.com, Website: www.ril.com CIN- L17110MH1973PLC019786

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NEWS RELEASE

Radisys Acquires Mimosa to Accelerate Availability of Broadband Access for Advancing Societies

Portfolio Complements Radisys’ Open Access Portfolio

" ” HILLSBORO, OR, U.S. – August 11, 2023 – Radisys[®] Corporation ( Radisys ), a wholly owned subsidiary of Jio Platforms Limited and a global leader of open telecom solutions, today announced that it has completed the acquisition of Mimosa Networks, Inc. (“ Mimosa ”) from Airspan Networks Holdings Inc. (NYSE American: MIMO).

Mimosa brings a diverse portfolio of point-to-point and point-to-multi-point connectivity products leveraging unlicensed spectrum bands. These products enable the rapid rollout of multi-gigabitper-second Fixed Wireless Access networks and wireless backhaul connectivity for telecommunications systems. The Mimosa product suite complements Radisys Open Access (Connect Open RAN and Connect Open Broadband) portfolio.

Mimosa has become a wholly-owned subsidiary of Radisys.

About Radisys

Radisys is a global leader in open telecom solutions and services. Its disaggregated platforms and integration services leverage open reference architectures and standards combined with open software and hardware, enabling service providers to drive open digital transformation. Radisys offers an end-to-end solutions portfolio from digital endpoints, to disaggregated and open access and core solutions, to immersive digital applications and engagement platforms. Its worldclass and experienced network services organization delivers full lifecycle services to help service providers build and operate highly scalable and high-performance networks at optimum total cost of ownership. For more information, visit https://www.radisys.com/.

Radisys[®] is a registered trademark of Radisys. All other trademarks are the property of their respective owners.