Soleos Energy Limited

• Funding capital expenditure requirement for setting up battery energy storage systems manufacturing facility with an installed capacity of 2.20 GWh (BESS Project)₹114 Cr
• Repayment and/or prepayment, in full of part, of certain outstanding borrowings availed by our Company₹20.0 Cr
• General corporate purposes

Except as disclosed in this section, there are no outstanding (i) criminal proceedings including such matters which are at the FIR stage even if no/some cognizance has been taken by any court or any other judicial authority; (ii) actions (including all penalties and show cause notices) taken by regulatory or statutory authorities (including any judicial, quasi-judicial, administrative authorities or enforcement authorities);(iii) any other pending litigation/arbitration proceeding which has been determined to be material pursuant to the Materiality Policy (as disclosed herein below); (iv) claims related to direct and indirect tax matters (disclosed in a consolidated manner, giving details of the number of cases and total amount involved in such cases) each involving our Company, its Subsidiaries, Directors, and Promoters (collectively, the “Relevant Parties”). Further, except as disclosed in this section, there are (a) no disciplinary actions including penalties imposed by SEBI or any of the stock exchanges against our Promoters in the last five financial year preceding the date of this Draft Red Herring Prospectus, including any outstanding action; or (b) no criminal proceedings including such matters which are at the FIR stage even if no/ some cognizance has been taken by any court or any other judicial authority, involving key managerial personnel and senior management of our Company or (c) no actions (including all penalties and show cause notices) by regulatory and statutory authorities against the key managerial personnel and senior management of our Company, or (c) no pending litigation involving our Group Companies which may have a material impact on our Company in the opinion of our Board.

• We derive a significant portion comprising 75.09% of our revenue from operations from our top ten customers.(Customer Concentration)

• Our business, results of operations, cash flows and financial condition could suffer, and the trading price of the Equity Shares could decline, if any or a combination of the risks mentioned in this section actually occur.(General Business Risk)

• Our actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors, including but not limited to the considerations described below.(Forward-Looking Statements)

• The manner of calculation and presentation of some of the operational and financial performance indicators, and the assumptions and estimates used in such calculation, may vary from that used by other companies in India and other jurisdictions.(Financial Reporting)

• Industry and market data used in this section has been derived from the industry report titled 'Industry Report on Solar Power Generation Sector (Global, Europe, Africa and India) Battery Energy Storage System' dated September 30, 2026 (the 'D&B Report') prepared and issued by Dun & Bradstreet Information Services India Private Limited.(Third-Party Data Reliance)

• Any reliance on such information for making an investment decision in the Offer is subject to inherent risks.(Third-Party Data Reliance)

• We are not in a position to quantify the financial or other implication of any of the risks mentioned in this section.(Quantification of Risks)

• Our Company is incorporated under the laws of India and is subject to a legal and regulatory environment which may differ in certain respects from that of other countries.(Regulatory Environment)

Each bar is a fixed formula applied to the figures shown above, scored 0–100. This is a reading of what the company disclosed — not a recommendation to apply or avoid, not a price target, and not a prediction of listing performance. Dimensions that could not be extracted are excluded rather than assumed, so coverage varies between documents.