Renew Energy Global offers eligible departing employees cash option for vested replacement awards

• Renew Energy Global amended replacement award terms under its New Incentive Plan, effective October 28, 2026.
• Participants leaving within 12 months of the Effective Date qualify unless departure involves fraud or gross misconduct.
• Eligible participants can retain vested replacement awards exercisable until December 31, 2035, or elect cash settlement.
• Cash payments equal underlying vested shares multiplied by transaction Consideration, less aggregate exercise price, payable as soon as practicable following departure.
• Vesting follows original schedules, excluding transaction-related acceleration; remaining replacement awards lapse immediately upon departure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Renew Energy Global plc published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-435204), on October 28, 2026, and is solely responsible for the information contained therein.