Omaxe Ltd. announced that in its ordinary course of business had participated in the bid, as Lead Member of the consortium and declared as a successful bidder by Uttar Pradesh State Road Transport Corporation (UPSRTC) on 16 Feb, 2024 for the development of 2 Bus Terminals, one at Amausi, Lucknow on land area of 20170 sq. mts. and the other at Ayodhya Dham on land area 36426 sq.

mts. These Bus Terminals will be developed under the Design, Build, Finance, Operate and Transfer (DBFOT) model on PPP basis. The Letter lntents (LOis) shall be issued by UPSRTC in favour of M/s Omaxe Ltd. being Lead Member of the consortium, in due course of time.

Name of the entity awarding the order(s)/contract(s); Consortium of following Companies: 1. Omaxe Ltd. (Lead Member) 2. M/s Be Together Developers Pvt. Ltd. 3. M/s Radhika Buildwell Pvt. Ltd. The bus terminals will be evolved using world class new construction technologies and with a glimpse of local culture and architecture.

The Bus Terminal Project to be developed, in pursuance of the Concession Agreements which are to be executed at later date. Pursuant to the Concession Agreements and subject to the terms & conditions, the concessionaire, inter-alia, shall have exclusive right, license and authority to construct, operate and maintain the Commercial Complex and Bus Terminal Commercial Assets for a period of 90 years and Bus Terminal Project Facilities for a period of 35 years from Appointed Date.