Disclaimer

NOT FOR ACCESS IN OR BY, OR DISTRIBUTION OR TRANSMISSION IN, INTO OR TO, DIRECTLY OR INDIRECTLY, THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS), ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA (THE “UNITED STATES”) OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DO SO.

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

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

The following disclaimer applies to the audio visual film of Brigade Hotel Ventures Limited (the “Company”)
dated November 6, 2024 (the “IPO AV”), each in relation to the initial public offering of the equity shares of
face value of ₹ 10 each (“Equity Shares”) of the Company (“Issue”). The Company is proposing, subject to
receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its
Equity Shares and has filed a draft red herring prospectus dated October 30, 2024 (“DRHP”) with the Securities
and Exchange Board of India (“SEBI”), the BSE Limited and the National Stock Exchange of India Limited
(“Stock Exchanges”). The DRHP is available on the website of SEBI at www.sebi.gov.in, as well as on the
websites of the Stock Exchanges i.e. BSE and NSE at www.bseindia.com and www.nseindia.com, respectively,
on the website of the Company at https://bhvl.in/investors/draft-red-herring-prospectus; and on the website of the
BRLMs, i.e. JM Financial Limited and ICICI Securities Limited at www.jmfl.com and www.icicisecurities.com,
respectively.

THE IPO AV IS BEING MADE AVAILABLE ON THIS WEBSITE IN ACCORDANCE WITH CIRCULAR
ON “AUDIOVISUAL (AV) PRESENTATION OF DISCLOSURES MADE IN PUBLIC ISSUE OFFER
DOCUMENTS” DATED MAY 24, 2024, ISSUED BY THE SECURITIES AND EXCHANGE BOARD OF
INDIA.
You are advised to read this disclaimer carefully before reading, accessing or making any other use of
the IPO AV. In accessing the IPO AV, you agree to be bound by the following terms and conditions, including
any modifications to them from time to time. The IPO AV is directed at, and is intended for distribution to, and
use by, residents of India only. The information in the IPO AV, is not intended for, and may not be accessed in
or by, or distributed or transmitted in, into or to, directly or indirectly, the United States of America (including its
territories and possessions), any state of the United States and the District of Columbia (the “United States”) or
any other jurisdiction where it is unlawful to do so. All persons residing outside of the United States who wish to
access the IPO AV contained on the following page of this website should first ensure that they are not subject to
local laws or regulations that prohibit or restrict their right to access this website or require registration or
approval for any acquisition of securities by them. No part of the contents of the IPO AV shall be copied or
duplicated in any form by any means or redistributed.

The IPO AV do not constitute an offer to sell, or the solicitation of an offer to purchase or acquire, any securities
of the Company in the United States or in any other jurisdiction in which such offer or solicitation would be
unlawful prior to registration or qualification under the securities laws of such jurisdiction. The Equity Shares
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 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 United States state securities laws. Accordingly, the
Equity Shares are being offered and sold only (i) within India, to Indian institutional, non-institutional and retail
investors in compliance with the SEBI ICDR Regulations, and (ii) outside the United States to eligible investors
in “offshore transactions” as defined in, and in reliance on, Regulation S (“Regulation S”) under the U.S.
Securities Act and the applicable laws of the jurisdiction where those offers and sales occur. No public offering
of the Equity Shares or other securities is being made in the United States.

The IPO AV does not constitute, and should not be construed as, “general solicitation” or “general advertising”
as defined under Regulation D of the U.S. Securities Act, or “directed selling efforts” under Regulation S.

The Company, and JM Financial Limited and ICICI Securities Limited (collectively, the “Book Running Lead
Managers
”) and their respective affiliates, directors, officers, agents, representatives, advisers and employees do not accept any liability whatsoever, direct or indirect, that may arise from the use of the information contained
on this website. The information in the IPO AV is as of the date thereof and neither the Company, the Promoter,
the Book Running Lead Managers nor their respective affiliates, directors, officers, agents, representatives,
advisers or employees are under any obligation to update or revise the IPO AV to reflect circumstances arising
after the date thereof. You are reminded that documents transmitted in electronic form may be altered or changed
during the process of transmission and consequently, neither the Company, the Book Running Lead Managers
nor any of their respective affiliates, directors, officers, agents, representatives, advisers or employees accepts
any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the
course of transmission of the IPO AV in electronic format.

Investors are advised not to rely on any other document, content or information provided in respect to the Issue
on the internet/ online websites/ social media platforms/ micro-blogging platforms and by
influencers/finfluencers since the same is not authorized/ approved/ commissioned/ paid by the Company or its
Promoter/Directors/KMPs or SMPs in any manner. Any such posts, including on social media platforms, may be
illegal in certain jurisdictions and only certain categories of persons may be authorized to access such
information. Such posts, including on social media platforms, do not constitute an offer or solicitation of an
offer, or any advice or recommendation to purchase, sell or transact in any of the Company’s securities.

Any potential investor should note that investment in equity shares involves a high degree of risk and for details
relating to such risks, see the section titled “Risk Factors” of the Red Herring Prospectus when available.
Potential investors should also refer to the Prospectus which will be filed with the Registrar of Companies,
Karnataka at Bengaluru (“RoC”) and SEBI in the future, including the section titled “Risk Factors”. The IPO
AV provides only the salient features of the Issue and accordingly, potential investors should not rely on the IPO
AV. Any decision on whether to invest in the equity shares must be made solely on the basis of the Red Herring
Prospectus when available.

You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it
is free from viruses. Neither the Company, Promoter, the Book Running Lead Managers nor their respective
affiliates, directors, officers, agents, representatives, advisers or 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 this website or the IPO AV.

Failure to comply with this disclaimer may result in a violation of the applicable laws of India and other
jurisdictions. Any other information contained in, or that can be accessed via this website does not constitute a
part of the IPO AV.

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, by pressing on the button marked “I Confirm”, that at the time of
access, you are located in India. If you cannot make this confirmation, you must press the button marked “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 Company in the
United States or in any other jurisdiction, including without limitation, India.

Q
You are not permitted to view the materials in this section of the website.