Mannai Corporation: Complimentary Disclosure Pursuant to (Article 2.3) of the Merger and Acquisition Rules on the Disposal of Damas Business Assets (the “disposal”)

Following the announcements of 20th July 2025 and 21st July 2025, Damas International Limited, a wholly owned subsidiary of Mannai incorporated in the Dubai International Financial Centre, UAE, has agreed to dispose of 67% of its holdings in its UAE based subsidiary namely Signature Jewellery Holding Limited, subject to satisfying certain conditions including the approval of the concerned authorities and the shareholders of Mannai. a. The name of the subsidiary, the degree of dependency and the direct or indirect ownership percentage held by the Listed Company in this subsidiary. Name of Subsidiary: Signature Jewellery Holding Ltd. Dependency: wholly owned subsidiary of Mannai Ownership: Mannai owns 100% indirectly b. The activity nature of the subsidiary and any previous business. Holding Company for all subsidiary companies engaged in the Damas Jewellery business. c. The Offeror’s name, its nationality and address. Offeror Company: Titan Holdings International FZCO. Nationality: United Arab Emirates. Address: P.O. Box No: 371304, Unit No. 747, Building-4WB, Dubai Airport Free Zone, Dubai, UAE. d. The name of the Offeror Company, its headquarters, objectives, capital, address, names of Top Management members, Major Shareholders and the shareholding percentage of each of them in the Offeree Company. Offeror Company: Titan Holdings International FZCO. Headquarters: P.O. Box No: 371304, Unit No. 747, Building-4WB, Dubai Airport Free Zone, Dubai, UAE. Objectives: the sale of jewellery and watches. Capital (paid-up): AED 36,701,000 Address: PO Box No: 371304, Unit No. 747, Building-4WB, Dubai Airport Free Zone, Dubai, UAE Top Management: Kuruvilla Markose (CEO, Titan International Business) Ashok Sonthalia (CFO, Titan Company Limited) Major Shareholders: Titan Company Limited. Shareholding percentage in the Offeree prior to the acquisition: 0% e. The Offeree Company’s name, its headquarters, objectives, capital and address, names of Top Management members, Major Shareholders and the shareholding percentage of each of them in the Offeror Company, if applicable. Offeree Company: Signature Jewellery Holding Limited. Headquarters: Unit C1404, Level 14, Burj Daman, DIFC, Dubai, UAE. Objectives: Holding Company for all subsidiary companies engaged in the Damas Jewellery business. Capital: USD 1,000,000 (unpaid). Address: Unit C1404, Level 14, Burj Daman, DIFC, Dubai, UAE. Names of Top Management: Keith Higley. Major Shareholders: Damas International Limited, a wholly-owned subsidiary of Mannai. Shareholding percentage in the Offeror prior to the Disposal: 0% f. Statement of the number of shares owned by the Offeror in the Offeree. The Offeror owns no shares in the Offeree prior to the Disposal.