AMBER: INDIA STEP-DOWN SUBSIDIARY ACQUIRES 100%

AMBER: INDIA STEP-DOWN SUBSIDIARY ACQUIRES 100% EQUITY SHARES OF ASCENT CIRCUITS

• IL JIN Electronics (India) Ltd, a material subsidiary of Amber, signs a share swap agreement on 18 Oct 2026 to buy 23,401 equity shares or 1.50% fully diluted stake in Ascent Circuits • Consideration is non-cash: 13,120 CCPS A2 of face value ₹10 each at ₹10,000 per share (including ₹9,990 premium), totalling ~₹13.12 Cr; no cash consideration payable • IL JIN already holds 98.50%, so Ascent Circuits becomes a wholly owned subsidiary of IL JIN and Amber; completion within 10 business days, with no governmental or regulatory approvals required • Ascent Circuits makes single, double, multi-layer and RF PCBs for aerospace, defence, medical, auto, telecom and data centre segments; FY26 turnover ₹401.87 Cr v ₹325.17 Cr in FY25 Impact: Positive (Consolidates ownership of a growing PCB business through a cash-efficient share swap, though the acquired stake is only 1.50%)