PLEASE READ THIS NOTICE CAREFULLY

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA. THESE MATERIALS ARE BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH THE SECURITIES AND EXCHANGE BOARD OF INDIA (INFRASTRUCTURE INVESTMENT TRUSTS) REGULATIONS, 2014, AND THE CIRCULARS, CLARIFICATIONS, NOTIFICATIONS AND GUIDELINES ISSUED THEREUNDER, EACH AS AMENDED (THE “InvIT REGULATIONS”).

IMPORTANT: You must carefully read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the draft offer document of the NDR InvIT Trust (the “Trust”) dated August 10, 2026 (the “Draft Offer Document”), filed with the Securities and Exchange Board of India (the “SEBI”) in connection with the proposed conversion of the Trust from a privately listed infrastructure investment trust to a publicly listed infrastructure investment trust by way of a public offer of units representing an undivided beneficial interest in the Trust (the “Units”, and such offering, the “Offer”) and hosted on this website in connection with the public offering of securities. ICICI Securities Limited, Ambit Private Limited and Axis Capital Limited (collectively, the “Book Running Lead Managers”) are associated with as Book Running Lead Managers and hosted on this website. You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Draft Offer Document. By accessing the Draft Offer Document, you agree to be bound by the following terms and conditions, including any modifications to them from time to time.

The Draft Offer Document is directed at, and is intended for distribution to, and use by, residents of India only. Residents of countries other than India are not authorized to view or use the information in this portion of our website. The information in this portion of our website, including the Draft Offer Document, is not for publication or distribution, directly or indirectly, in or into the United States. Please note that because of restrictions imposed by law on soliciting offers of securities in various jurisdictions, subscription to the Offer will not be permitted to residents of certain jurisdictions. The contents of the Draft Offer Document are for your information only and you agree not to forward the Draft Offer Document on to any other person, internal or external to your company, in whole or in part, or otherwise provide access via e-mail or otherwise to any person. No part of the contents of the Draft Offer Document shall be copied or duplicated in any form by any means, or redistributed.

The Draft Offer Document has been hosted on this website as prescribed under the InvIT Regulations and the Master Circular for Infrastructure Investment Trusts dated July 11, 2025, as amended from time to time, issued by the SEBI.

You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently none of the Trust, NDR Invit Managers Private Limited (the “Investment Manager”), their respective affiliates, or their respective directors, officers and employees (together, the “Affiliates”), accepts any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data.

The Draft Offer Document does not constitute an offer to sell or an invitation to subscribe to the securities offered in any jurisdiction to any person and is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where (a) distribution or use of such information would be contrary to law or regulation; or (b) the Trust, the Investment Manager or any of their Affiliates would by virtue of such distribution become subject to new or additional registration, licensing or other regulatory requirements.

NOTHING HEREIN CONSTITUTES AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DO SO. THE UNITS OFFERED IN THE OFFER HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “U.S. SECURITIES ACT”) AND MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES, EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE U.S. SECURITIES ACT AND ACCORDINGLY, THE UNITS ARE BEING OFFERED AND SOLD ONLY OUTSIDE THE UNITED STATES IN “OFFSHORE TRANSACTIONS” AS DEFINED IN AND IN RELIANCE UPON REGULATION S UNDER THE U.S. SECURITIES ACT AND THE APPLICABLE LAWS OF THE JURISDICTIONS WHERE THOSE OFFERS AND SALES OCCUR.

Potential investors should not rely on the draft offer document filed in connection with the Offer for any investment decision. Any potential investor should note that investment in the securities involves a high degree of risk. For details, potential investors should refer to the Draft Offer Document, including the section titled “Risk Factors”.

Neither the Trust or the Investment Manager nor any of their affiliates will be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website. The Trust, the Investment Manager and their affiliates cannot and do not guarantee the accuracy, timeliness or completeness of the information being made available to you in the Draft Offer Document beyond the date of the Draft Offer Document. The Trust, the Investment Manager and their affiliates will not be responsible for any loss to any person or entity caused by any shortcoming, defect or inaccuracy which may have inadvertently or otherwise crept into the website. Neither the Trust, the Investment Manager nor any of their directors, officers and employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or resulting from the act or omission of any other party involved in making this website or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the website or these materials.

If you are not permitted to view the materials on this website or are in any doubt as to whether you are permitted to view these materials, please exit this webpage.

To access this information, you must confirm below that, at the time of access, you are located in India, by selecting “I confirm”. If you cannot make this confirmation, you must select “I do not confirm”.

The documentation contained in these pages is posted solely to comply with Indian legal and regulatory requirements. Making the information contained herein available in electronic format does not constitute an offer to sell, the solicitation of an offer to buy, or a recommendation to buy or sell securities of the Trust in the United States or in any other jurisdiction.