DISCLAIMER

YOU MUST READ THE FOLLOWING DISCLAIMER BEFORE CONTINUING.

THESE MATERIALS ARE BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH THE SECURITIES AND EXCHANGE BOARD OF INDIA (INFRASTRUCTURE INVESTMENT TRUSTS) REGULATIONS, 2014, AS AMENDED, AND CHAPTER 7 OF THE MASTER CIRCULAR ISSUED BY THE SECURITIES AND EXCHANGE BOARD OF INDIA BEARING NUMBER SEBI/HO/DDHS-POD-2/P/CIR/2025/102 DATED JULY 11, 2025, AS AMENDED.

INVESTING IN THE UNITS DESCRIBED IN THE PLACEMENT DOCUMENT PRESENTED HEREIN INVOLVES RISKS AND YOU SHOULD NOT INVEST ANY FUNDS IN THE UNITS UNLESS YOU ARE PREPARED TO RISK LOSING ALL OR PART OF YOUR INVESTMENT. YOU ARE ADVISED TO CAREFULLY READ THE SECTION ENTITLED “RISK FACTORS” AND THE OTHER INFORMATION CONTAINED IN THE PLACEMENT DOCUMENT PRESENTED HEREIN BEFORE MAKING AN INVESTMENT DECISION. YOU ARE ADVISED TO CONSULT YOUR OWN ADVISORS ABOUT THE PARTICULAR CONSEQUENCES OF INVESTING IN THE UNITS DESCRIBED IN THE PLACEMENT DOCUMENT.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing. The following disclaimer applies to the Placement Document of IRB InvIT Fund (“IRB InvIT” or “Issuer”) dated September 28, 2026 (the “Placement Document”) filed with the BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE” and together with BSE, the "Stock Exchanges") and hosted on this website.

These materials are being made available in connection with the proposed institutional placement by IRB InvIT (“Issue”), to eligible investors in accordance with applicable laws. This Issue is being made pursuant to the provisions of Chapter 7 on “Guidelines for preferential issue and institutional placement of units by listed InvITs” of the Master Circular for Infrastructure Investment Trusts (InvITs) dated July 11, 2025, as amended from time to time, issued by the Securities and Exchange Board of India (the “SEBI Institutional Placement Guidelines”) read with the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014, together with any amendments, notifications, clarifications, circulars and guidelines issued thereunder (the “InvIT Regulations”) and other applicable laws.

The Placement Document may contain statements about future events and expectations that constitute forward-looking statements. There can be no assurance that the results and events contemplated by the forward-looking statements contained therein will in fact occur. IRB InvIT, the Investment Manager of IRB InvIT, the Sponsor of the IRB InvIT, the Trustee of the IRB InvIT and the lead managers appointed for the Issue (“Lead Managers”) and their respective affiliates do not make any representation or warranty, express or implied, as to, and do not accept any responsibility or liability with respect to, the fairness, accuracy, completeness or correctness of any such information or opinion in the Placement Document.

The Placement Document has not been and will not be approved by any regulatory authority in India, including the SEBI or any stock exchange in India. The Placement Document may not be accessed in any jurisdiction where the delivery of such materials may not be permitted by law. You must satisfy yourself that you are not subject to any local requirements which prohibit or restrict you from accessing these materials. For taking an investment decision, investors must rely on their own examination of the Issuer and the Issue, including the risks involved.

In accessing the Placement Document, you agree to be bound by the following terms and conditions, including any modifications to them from time to time. The information in this portion of our website, including the Placement Document, is not for publication or distribution, directly or indirectly, in or into the United States. No part of the contents of the Placement Document shall be copied or duplicated in any form by any means, or redistributed. The Placement Document has been hosted on this website as prescribed under Paragraph 7.8.6 of the SEBI Institutional Placement Guidelines. In connection with the Issue, no offer is being made to the public or to any other category of investors. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently, neither IRB InvIT, the Sponsor, the Investment Manager, the Project Manager, the Trustee nor any of their affiliates accept any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data. The Placement Document does not constitute an offer to sell or an invitation to subscribe to the securities offered in any jurisdiction to any person to whom it is unlawful to make an offer or invitation in such jurisdiction 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) IRB InvIT, the Sponsor, the Investment Manager, the Project Manager, the Trustee or any of their affiliates would by virtue of such distribution become subject to new or additional registration, licensing or other regulatory requirements. The Units offered in the Issue have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any other applicable law of the United States and, unless so registered, 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 applicable state securities laws. Accordingly, the Units are being offered and sold (i) outside the United States in “offshore transactions” (as such term is defined in the U.S. Securities Act), in reliance on Regulation S under the U.S. Securities Act (“Regulation S”), and (ii) within the United States only to persons reasonably believed to be “qualified institutional buyers” as defined in Rule 144A under the U.S. Securities Act (“U.S. QIBs”) pursuant to section 4(a)(2) of the U.S. Securities Act or another applicable exemption from registration thereunder.

Any person into whose possession the Placement Document comes is required to inform himself or herself about and to observe any such restrictions. Neither IRB InvIT, the Sponsor, the Investment Manager, the Project Manager, the Trustee 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. IRB InvIT, the Sponsor, the Investment Manager, the Project Manager, the Trustee and their affiliates cannot and do not guarantee the accuracy, timeliness or completeness of the information being made available to you in the Placement Document beyond the date of the Placement Document. IRB InvIT, the Sponsor, the Investment Manager, the Project Manager, the Trustee 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 IRB InvIT, the Sponsor, the Investment Manager, the Project Manager, the Trustee 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.