UPL Limited — Capital/Financing Update 2025

May 28, 2025

UPL Limited , Uniphos House, C.D. Marg, 11[th] Road, Madhu Park, Khar (West), Mumbai – 400052, India

w: www.upl-ltd.com e: contact@upl-ltd.com t: +91 22 6856 8000

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28[th] May, 2025

BSE Limited Mumbai

National Stock Exchange of India Ltd Mumbai

SCRIP CODE: 512070/890209

SYMBOL: UPL/UPLPP1

Sub: Update on Redemption of USD 400 Million Perpetual Subordinated Capital Securities (“Bonds”) issued by UPL Corporation Limited, Mauritius, a wholly owned subsidiary .

Dear Sir/Madam,

Further to our letter dated 15[th] May, 2025, we wish to inform you that we have today received an intimation from UPL Corporation Limited, Mauritius (“UPL Corp”), a wholly owned subsidiary of the Company that it has redeemed all the Bonds aggregating to USD 400 Million. The redemption price was equal to the principal amount together with any interest accrued to but excluding the Redemption Date (including any Arrears of Interest)

We request you to take the above information on records.

Thanking you,

Yours Faithfully,

For UPL Limited

Sandeep Digitally signed by Sandeep Mohan Mohan Deshmukh Date: 2025.05.28 Deshmukh 10:34:34 +05'30' Sandeep Deshmukh Company Secretary and Compliance Officer (ACS – 10946)

Registered Office: 3-11, GIDC, Vapi, Valsad - 396 195, Gujarat, India. P +91 260 2432716 CIN: L24219GJ1985PLC025132