Date: August 18, 2026

To: All Shareholders

We are pleased to inform you that the Securities Board of Nepal (SEBON) has formally included our company in its official pipeline list for the upcoming Initial Public Offering (IPO).

This step marks a significant milestone in our growth trajectory as we prepare to offer shares to the public. The details regarding total issue shares, price, and capital structure submitted to SEBON are summarized below:

• Number of Shares: 8,75,000

• Issue Price: Rs. 100 per share

• Sector: Mfg. & Processing

• Issue Manager: Muktinath Capital Ltd.

We will continue to update our valued investors and stakeholders as the approval process progresses. Thank you for your continued support and trust in our company.

Sincerely,

Management Team

Indreni Mushroom Farm Ltd.