ZENTEC

Management Update

Defence Orders & Operations - Emergency procurement contracts under Operation Sindoor were prioritized in first half (H1) - Orders expected to normalize and rebound strongly in second half (H2) - Management views the overall defence ecosystem as very favourable - Confident that the next two years will be very strong for the company Strategic Focus – Naval Simulation & R&D - Dominance in naval simulation is a key growth agenda moving forward - Acquisition of ARI Simulation is proving beneficial amid growth in the maritime sector - Company is increasing R&D investments to support long-term expansion and innovation