Paul Merchants Ltd — Important, 08-01-2026: Company Update

Paul Merchants Limited confirmed, based on its Registrar and Share Transfer Agent's report, that during the recent quarter ending December 31, 2025, no physical shares were received for dematerialization into electronic form. Consequently, the specific certification process for such requests was not required. The company also certified that all its shares currently held in dematerialized form are actively listed on stock exchanges. This update provides stakeholders assurance regarding the proper handling of share records and the listing status of electronic shares.