NAZARA

- Nazara Technologies infused USD 77.00 million (~₹734.35 Crores) into its wholly-owned subsidiary, Nazara UK, via equity subscription on October 29, 2026. - Nazara UK paid USD 77.00 million as the second tranche towards the total acquisition consideration of USD 303.02 million (~₹2990 Crores) for Bluetile Games, S.L. and Bestplay Systems, S.L. - Bluetile and Bestplay continue to be wholly-owned subsidiaries of Nazara UK and step-down subsidiaries of Nazara Technologies.

Financial Performance - Q2 FY27 Consolidated Revenue ₹803Cr vs ₹525Cr (▲53% YoY) - EBITDA ₹120Cr vs ₹62Cr (▲93% YoY) - PAT ₹35Cr vs -₹34Cr (▲N/A YoY) - EBITDA Margin 14.9% vs 11.8% (▲311bps) Business Updates & Outlook - Gaming segment contributed 82% of consolidated revenue and effectively all EBITDA before corporate costs. - Bluetile and BestPlay contributed ₹329Cr in their first two months of consolidation. - Management highlighted focus on qualitative growth, expanding AI-driven centers of excellence (COEs), and scaling both organically and inorganically.

- Nazara Technologies Limited informed the exchanges about the availability of the audio recording for the earnings call on Q2 FY27 and H1 FY27 results. - The earnings call took place on Tuesday, October 27, 2026, at 12:00 Noon IST. - The audio link has been made accessible on the company's investor relations website.

Nazara Technologies reported strong financial performance for Q2 FY27 with consolidated revenue of ₹803 Crores (up 53% YoY) and EBITDA of ₹120 Crores (up 93% YoY). - Gaming segment revenue surged 122% YoY to ₹656 Crores, contributing 82% to group revenue and 100% to group EBITDA pre-corporate costs. - The company announced key leadership changes including Raymond A. Stauffer as CEO, Mithun Sacheti as Executive Director, and Arun Agarwal as CFO. - Successful integration of Bluetile, contributing significantly to growth with AI-driven marketing and technical capabilities.

Q2 FY27 Consolidated Revenue ₹803.15 Cr vs ₹526.46 Cr (▲52.6% YoY) EBITDA ₹89.43 Cr vs ₹59.80 Cr (▲49.5% YoY) PAT ₹35.36 Cr vs -₹33.93 Cr (Turnaround YoY) EBITDA Margin 11.1% vs 11.4% (▼30bps)

Nazara reports record Q2FY27: revenue up 53% to INR 803 crore, EBITDA up 93% to INR 120 crore • First quarter with Bluetile and BestPlay; gaming now 82% of revenue at a 21.5% EBITDA margin • H1FY27 revenue of INR 1,232 crore (up 20%) and EBITDA of INR 166 crore (up 52%) at a 13.5% margin • Organic growth of 11% in revenue and 17% in EBITDA in the gaming segment in Q2FY27

Q2 FY27 Consolidated Revenue ₹803.15 Cr vs ₹526.46 Cr (▲53% YoY) EBITDA ₹112.89 Cr vs ₹59.80 Cr (▲89% YoY) PAT ₹35.36 Cr vs -₹33.93 Cr (Turnaround YoY) EBITDA Margin 14.1% vs 11.4% (▲270bps)

Concall Schedule Concall Date: October 27, 2026 Concall Time: 12:00 Noon (IST)