Affle 3i Ltd.

Affle (India) has received approval for raising of funds by way of further issue of securities including warrants and bonds (whether convertible or non-convertible) or any combination thereof through a preferential issue and/or Qualified Institutions Placements by the Company (QIP) or through any other permissible mode or any combination thereof, for an aggregate amount not exceeding Rs 1080 crore, subject to applicable laws and necessary shareholder / regulatory approvals, as applicable. The board of directors at its meeting held on February 27, 2021 has approved the same.

In furtherance to the above, the Board has decided to convene an Extraordinary General Meeting of the members of the Company on March 24, 2021 to seek the approval of the members for the proposed fund-raising.

Affle (India) is a leading global technology company with a proprietary consumer intelligence platform that delivers consumer acquisitions, engagements and transactions through relevant mobile advertising.