The Phoenix Mills Ltd. — Earnings Release 2025

Apr 30, 2025

Corp. Office: Shree Laxmi Woolen Mills Estate, 2nd Floor, R.R. Hosiery, Off Dr. E. Moses Rd. Mahalaxmi, Mumbai - 400 011 Tel: (022) 3001 6600 Fax: (022) 3001 6601 CIN No. : L17100MH1905PLC000200

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April 30, 2025

BSE Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Dalal Street, Fort, Mumbai- 400 001 Mumbai- 400051 Security code: 503100 Symbol: PHOENIXLTD

National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex, Bandra East, Mumbai- 400051

Dear Sir(s)/Madam(s),

- Sub: Outcome of the Board Meeting Disclosure under Regulation 30 and other applicable regulations of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Further to our intimations dated April 23, 2025 & April 25, 2025 and pursuant to applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (‘Listing Regulations’) , we wish to inform you that the Board of Directors of The Phoenix Mills Limited (‘Company’) at its meeting held today viz. Wednesday, April 30, 2025, have inter alia approved the following:

1. Audited Standalone & Consolidated Financial Results for the quarter and financial year ended March 31, 2025

Pursuant to Regulation 33(3)(d) of the Listing Regulations, the Company hereby confirms and declares that the Statutory Auditors, D T S & Associates LLP, have issued their Audit Reports with an unmodified opinion in respect of the Audited Standalone and Consolidated Financial Results of the Company for the quarter and financial year ended March 31, 2025.

In this regard, please find enclosed the following documents required in compliance with Listing Regulations and SEBI Circulars, as applicable:

• a. Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2025; and

• b. Unmodified Audit Reports on the said Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2025 issued by D T S & Associates LLP, Statutory Auditors of the Company.

2. Recommendation of a final Dividend

Recommended a final dividend of Rs. 2.50/- per equity share of face value of Rs. 2/- each (125%) for the financial year ended March 31, 2025.

Regd. Office: The Phoenix Mills Ltd., 462 Senapati Bapat Marg, Lower Parel, Mumbai 400 013. Tel: (022) 2496 4307 / 8 / 9 Fax: (022) 2493 8388 E-mail: info@thephoenixmills.com www.thephoenixmills.com

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Corp. Office: Shree Laxmi Woolen Mills Estate, 2nd Floor, R.R. Hosiery, Off Dr. E. Moses Rd. Mahalaxmi, Mumbai - 400 011 Tel: (022) 3001 6600 Fax: (022) 3001 6601 CIN No. : L17100MH1905PLC000200

The dividend payout is subject to the Member’s approval at the ensuing Annual General Meeting of the Company.

3. Re-appointment of Internal Auditors of the Company

Re-appointment of N. A. Shah Associates LLP, Chartered Accountants as Internal Auditor of the Company for financial year 2025-26.

4. Appointment of Secretarial Auditor of the Company

Appointment of Rathi & Associates, Company Secretaries as Secretarial Auditors of the Company for a period of five consecutive years commencing from FY 202526 till FY 2029-30, subject to the approval of Shareholders at the ensuing Annual General Meeting.

The meeting of the Board of Directors of the Company commenced at 04:15 p.m. (IST) and concluded at 05:00 p.m. (IST)

The intimation along with the aforesaid Financial Results and Unmodified Audit Report are also being uploaded on the Company’s website at -Results. https://www.thephoenixmills.com/investors/FY2025/Financial

You are requested to take the aforesaid information on record.

Thanking you,

Yours Faithfully,

For The Phoenix Mills Limited

BHAVIK Digitally signed by MANILAL BHAVIK MANILAL GALA Date: 2025.04.30 GALA 18:46:52 +05'30'

_____ Bhavik Gala Company Secretary Mem. No. F8671

Enclosures: As above

Regd. Office: The Phoenix Mills Ltd., 462 Senapati Bapat Marg, Lower Parel, Mumbai 400 013. Tel: (022) 2496 4307 / 8 / 9 Fax: (022) 2493 8388 E-mail: info@thephoenixmills.com www.thephoenixmills.com