Credo Brands Marketing Limited — Others, 31-07-2025: ESOP/ESOS/ESPS

Credo Brands' Nomination and Remuneration Committee has cancelled 30,000 unvested Stock Options after an employee ceased to be eligible under the company's Credo Stock Option Plan 2020. This is a standard operational adjustment in managing the company's equity incentives. Importantly, these cancelled options will be added back to the general stock option pool. This ensures they remain available for future grants, maintaining the company's flexibility in compensating and incentivizing its workforce under the existing plan.