Bazel International Ltd — Important, 06-08-2026: Company Update

Bazel International's Nomination and Remuneration Committee has approved the grant of 14,500 Employee Stock Options to eligible employees under its 2022 ESOP Plan. Each option, upon vesting and exercise, converts into one equity share. The exercise price for these options is ₹18.42 per option. The options will vest over three years, with 30% after the first year, 30% after the second, and 40% after the third year. This initiative is designed to align employee incentives with the company's performance and long-term shareholder value.