Aditya Birla Real Estate Limited — Important, 07-03-2025: General Updates

The Nomination and Remuneration Committee has approved the grant of 18,961 stock options to an eligible employee of Birla Estates Private Limited under the CTIL Employee Stock Option Scheme 2023. The options will vest in three tranches over three years: 1/3 each on March 7, 2026, March 7, 2027, and March 7, 2028. The performance-linked portion will vest only upon achieving specified performance milestones by June 21, 2028. The exercise price is set at Rs. 758.55 per option, which is based on the average purchase price of shares acquired by the Trust on the stock exchange. This initiative aims to incentivize employee performance and align their interests with shareholder value enhancement.