Route Mobile Limited — M&A Activity 2024

Apr 12, 2024

Morgan Stanley

Date : 12 April 2024 To,

Morgan Stanley India Company Private Limited 18th Floor, Tower 2 One World Center, Plot-841 Jupiter Textile Mill Compound Senapati Bapat Marg, Lower Parel Mumbai 400013

tel +91 22 6118 1000 fax +91 22 6118 1011

www morganstanley.com/1nd1a

National Stock Exchange of India Limited Exchange Plaza, Plot no. C/1, G Block, Bandra Kurla Complex, Bandra E Mumbai- 400 051

Dear Sir/Madam, Subject : Disclosure of the number of Equity Shares tendered in connection with the open offer to the Public Shareholders of Route Mobile Limited by Proximus Opal ( “ Open Offer ”).

This intimation is being made in connection with the Open Offer. Please note that in relation to the Open Offer:

(i) 14,560,164 Equity Shares have been tendered in the Escrow Demat Account (with The Hongkong and Shanghai Banking Corporation Limited (HSBC), bearing depository participant identification number: IN300142 and the client identification number: 10795815), as per the Escrow Demat Account statement received by the Manager from The Hongkong and Shanghai Banking Corporation Limited (HSBC) as of 13:04:55 IST on 12[th] April 2024; and

(ii) 0 Equity Shares have been tendered by the Public Shareholders holding Equity Shares in the physical form with the Registrar to the Offer, as per the email received by the Manager from the Registrar to the Offer as of 13:04:55 IST on 12[th] April 2024.

It is hereby expressly clarified that the above disclosure reflects, (i) the Equity Shares in dematerialized form tendered by the Public Shareholders in the Escrow Demat Account as per the Escrow Demat Account statement received by the Manager from The Hongkong and Shanghai Banking Corporation Limited (HSBC); and (ii) physical Equity Shares received by the Registrar, communicated to the Manager by Registrar via email.

For avoidance of doubt, the Equity Shares tendered by the Public Shareholders shall be subject to validation and verification of submission of complete set of documents, as applicable. The Equity Shares “validly tendered” in the Open Offer shall be accepted in accordance with the SEBI (SAST) Regulations and the Letter of Offer dated March 15, 2024 (“ LoF ”). The above mentioned number of Equity Shares tendered by the Public Shareholders may differ from the number of Equity Shares which will be accepted by the Acquirer in the Open offer.

Capitalized terms used herein and not specifically defined shall have the same meaning as ascribed to them in the LoF.

We request you to kindly disseminate the aforementioned information on your website.

CIN U22990MH1998PTC115305 SEBI Stock Broker Registration No: INZ00024-4438 I Compliance Officer: Tejarshi Hardas Tejarshi.Hardas@morganstanley.com +9l 2261182051

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