Meesho Limited Grants 8,370 Stock Options to Eligible Employees Under ESOP 2024 Plan

Meesho Limited has announced the grant of 8,370 Stock Options to eligible employees under its Employee Stock Option Plan, 2024 (ESOP 2024 Plan). The grant was approved by the company's Nomination and Remuneration Committee (NRC) through a circular resolution passed on May 04, 2026, and has been disclosed to stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Stock Option Grant

The disclosure, filed in accordance with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, outlines the material terms of the grant. The following table summarises the key parameters as disclosed:

Parameter: Details Number of Stock Options Granted: 8,370 Equity Shares Covered (per Option): 49 fully paid-up equity shares of face value Re. 1/- each Total Equity Shares Covered: 4,10,130 equity shares of face value Re. 1/- each Exercise Price: Re. 1/- per stock option SEBI (SBEB) Regulations, 2021 Compliant: Yes Grant Date: May 04, 2026

Exercise and Vesting Conditions

The stock options granted under the ESOP 2024 Plan are exercisable at any time after the applicable vesting period, provided the option grantee remains in employment with the company. In the event of cessation of employment, all vested options as on the last working day may be exercised within 6 (Six) months from the date of cessation.

The ESOP 2024 Plan also provides for the manner in which stock options would be dealt with in cases of death, permanent incapacity, resignation, termination, and retirement. Notably, equity shares allotted pursuant to the exercise of stock options would not be subject to any lock-in period.

Regulatory Compliance

The grant has been confirmed to be in terms of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The total number of shares covered includes requisite adjustments pursuant to corporate actions as provided under the ESOP 2024 Plan. The disclosure was signed by Rahul Bhardwaj, Company Secretary & Compliance Officer (Membership No.: A41649), and the information is also available on the company's investor relations website at https://investor.meesho.com/announcements .

Meesho Limited has allotted 1,39,13,282 equity shares of face value Re. 1/- each to its eligible employees, pursuant to the exercise of vested options under the company's Employee Stock Option Plan, 2024 ("ESOP 2024 Plan"). The allotment was approved by the Nomination and Remuneration Committee of the Board of Directors through a circular resolution passed on May 04, 2026, and has been disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ESOP Allotment Details

The allotted equity shares carry a face value of Re. 1/- each and shall rank pari-passu with the existing equity shares of the company in all respects. The key details of the allotment are summarised below:

Parameter: Details Date of Allotment: May 04, 2026 Number of Shares Allotted: 1,39,13,282 equity shares Face Value per Share: Re. 1/- Plan: ESOP 2024 Plan Approved By: Nomination and Remuneration Committee Mode of Approval: Circular Resolution

Impact on Share Capital

Following the allotment, the issued, subscribed, and paid-up equity share capital of Meesho Limited has been revised. The table below captures the change in share capital:

Metric: Before Allotment After Allotment Total Paid-up Capital (Rs.): Rs. 4,57,35,34,576 Rs. 4,58,74,47,858 Number of Equity Shares: 4,57,35,34,576 4,58,74,47,858 Face Value per Share: Re. 1/- Re. 1/-

The disclosure was made to both the National Stock Exchange of India Limited and BSE Limited in compliance with applicable listing regulations. The company has also indicated that the information will be made available on its investor relations website at https://investor.meesho.com/announcements . The allotment was signed off by Rahul Bhardwaj, Company Secretary & Compliance Officer (Membership No.: A41649), on behalf of Meesho Limited.

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