Max Estates Gurgaon Limited a 100% wholly owned subsidiary of Max Estates Limited, proposed to develop a Group Housing Project on the land admeasuring 11.80 acres, located in village Harsaru, Sector 36-A, Sub-Tehsil Harsaru, District Gurugram, Haryana. It also proposes 33% of the available FAR for the said project, translating to approximately 6.07 lakh sq. ft.

to be allocated for development of senior living units and associated facilities/amenities including any club for the said senior living development for which Antara Senior Living Limited ("ASLL") has been engaged byMEGL. The Binding Terms sheet between the two Companies has been signed. This will be one of the first intergenerational project at scale in Gurugram.

Scope of Antara Senior Living Limited (ASLL): ASLL shall be responsible to provide its expertise and advisory services for design, conceptualization, training and development of Project personnel, and expert advice on marketing and sales for the Senior Living Project. Commercial Agreement: ASLL shall be entitled to a fee of 9.5% of the Net Sales Revenue plus taxes as collectedbyMEGL from purchasers of Senior Living Project, towards the scope of ASLL as mentioned above. In addition to same, ASLL shall also be entitled to an additional fee based on performance of the Senior Living Project.

ASLL shall also pay INR 330 million in tranches to the Developer as Refundable Performance Deposit.