VIVO COLLABORATION SOLUTIONS LIMITED

Report on the Audit of the Financial Statements

Opinion

We have audited the accompanying financial statements of VIVO COLLABORATION SOLUTIONS LIMITED ("the Company"), which comprise the Balance Sheet as at March 31. 2026. the Statement of Profit and Loss, change in equity and Cash flow Statement for the year ended on that date, and a summary of the significant accounting

policies and other explanatory information (hereinafter referred to as "the financial statements”).

In our opinion and to the best of our information and according to the explanations given to us. the aforesaid financial statements give the information required by the Companies Act. 2013 (the "Act") in the manner so required and give a true and lair view m conformity with the Indian Accounting Standards prescribed under section 133 of the Act read with the Companies (Indian Accounting Standards) Rules. 2015. as amended. ("Ind AS ) and other accounting principles generally accepted in India, of the state of affairs of the Company as at March 31, 2026, the profit and total comprehensive income, chances in equity and its cash flows for the year ended on that date.

Basis for Opinion

We conducted our audit of the financial statements in accordance with the Standards on Auditing (“SA”s) specified under section 143(10) of the Act. Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India ("ICAI") together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act and the Rules made thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAI’s Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our audit opinion on the financial

Key Audit Matters

Key audit matters are those matters that in our professional judgement were of most significance in our audit of the Financial Statements for the financial year ended March 31 2026. These matters were addressed in the context of our audit of the Financial Statements as a whole and in forming our opinion thereon and we do not provide a separate opinion on these matters. For each matter below our description of how our audit addressed the matter is provided in that context.

We have determined the matters described below to be the key audit matters to be communicated in our report. We have fulfilled the responsibilities described in the Auditors responsibilities for the audit of the Financial Statements section of our report including in relation to these matters. Accordingly, our audit included the performance of procedures designed to respond to our assessment of the risks of material misstatement of the Financial Statements. The results of our audit procedures including the procedures performed to address the matters below provide the basis for our audit opinion on the accompanying Financial Statements.

Informudort Other than the Mnanelal Minimi'ol¹ nml Auditor'¹ Ueport I hereon

lh« Company's I hum I of Director¹ I¹ responsible for i he preparation nt dw oil hi information, I lie oilier Information Comprises the Information Included in the Managemerd Discussion ml Analysis, Hoard's Uepon Ineludlntt Annemim to Hoard's Ueport, limdnm Haaponalhlllly Ac Huetalnuhlllly Uepon, Corporate (mmininm ml

shareholder's In formation, but doe# not I delude the Ihmelal statement¹ nod mo auditor ¹ report thereon,

Our opinion on the financial statament¹ dim mil cover the other Information and we do mo express any form of assurance conclusion thereon,

In connection with our audit of the financial statements, our responsibility I¹ to nod tin

other Information mid, In doing no, eamtlder whether the other Information h materially

Inconsistent with the financial statements or our knowledge obtained during the etwee

id out audit or otherwise appears to he materially misstated,

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If, based on the work we have performed, we eonelude that there is u muterial misstatement of this other Information; wc m required to report that tael, We have no thing to report In fh Is regard,

Management's Heeponelhlllty for the Financial Httilenwit¹

Ihe Company’¹ Hoard of Director# Is responsible lor the matters slated In Scclnai 1142011 (“the Act”) with respect to the preparathai<>| these llnaneial statements that give a true and fair view of the financial position , tlmmcial perl.,finance, Including other comprehensive Income, change In equity and cash lluws „l die Torn puny hi accordance with the accounting principles generally accepted in India, including the Accounting Htmlnrde specified under Section 131 of the Act. read with Uufe / ol the Companle¹ (Accounts; Hide#. 2014, This responsibility also Includes maintenance ol adequate accounting records In accordance with the (irovlsimis ami estimates that are reasonable and pri/denl; and design, Implementation and maintenance ol adequate internal llnaneial controls, lhal were operating dlculvelv lot ensuring the accuracy and completeness of ilte accounting records, relevant to die preparation and presentation ol ihe financial slfttemetils dial give a Hue m„i inn _Vjvw add are tree horn material misstatement, whether due to fraud or error, / /

In preparing the financial statements, management is responsible for assessing the Company s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Boaid of Diiectors are also responsible for overseeing the Company's financial reporting process.

Auditor’s Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are fiee from material misstatement, whether due to fraud or error, and to issue an auditor s report that includes our opinion. Reasonable assurance is a high level of assuiance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

As part of an audit in accordance with SAs, we exercise professional judgement and maintain professional skepticism throughout the audit. We also:

Identify and assess the risks of material misstatement of the Financial Statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of • internal control.

• Obtain an understanding of internal financial controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances. I inder section ¹43(3)0) of the Act, we are also responsible for expressing our opinion on whether the company has adequate internal financial controls with reference to financial statement in place and the operating effectiveness of such controls.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors ¹

disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. I tovvever. future events or conditions may cause the Company to cease to continue as a going concern.

• Evaluate the overall presentation, structure and content of the Financial Statements, including the disclosures, and whether the Financial Statements represent the underlying transactions and events in a manner that achieves fair presentation.

Materiality is the magnitude of misstatements in the financial statements that, individually 01 in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the financial statements may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identilied misstatements in the financial statements.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings. including an\ significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

Report on Other Legal and Regulatory Requirements

1. As required by Section 143 (3) of the Act, we report that:

(a) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purposes of our audit.

(b) In'our opinion proper books of account as required by law have been kept b> the Company so far as it appears from our examination of those books;

(c) The balance sheet, the statement of profit and loss. Statement of Changes in Equity and the cash flow statement dealt with by this Report are in agreement with the books of account;

(d) In our opinion, the aforesaid financial statements comply with the Ind AS specified under Section 133 of the Act read with relevant rules thereunder.

(e) On the basis of the written representations received from the Directors as on 31 March 2026 taken on record by the Board of Directors, none of the directors is disqualified as on 31 March 2026 from being appointed as a director in terms of Section 164 (2) of the Act;

(0 With respect to the adequacy of the internal financial controls over financial reporting ol the Company and the operating effectiveness of such controls, refer to our separate Report in "Annexure A”. Our report expresses an unmodified opinion on the adequacy and operating effectiveness of the Company’s internal financial controls over financial reporting.

(g) With respect to the other matters to be included in the Auditor's Report in accordance with the requirements of section 197(16) of the Act, as amended:

In our opinion and to the best of our information and according to the explanations given to us, the remuneration paid or provided by the company to its directors during the year is in accordance with the provisions of section 197 of the Act

(h) with respect to the other matters to be included in the Auditor's Report in accordance with Rule 11 of the Companies (Audit and Auditors) Rules, 2014. in our opinion and to the best of our information and according to the explanations given to us:

I. 'The Company does not have any pending litigations which would impact its financial position;

II. The Company did not have any long-term contracts including derivatives contracts for which there were any material foreseeable losses:

III. There were no amounts which were required to be transferred to the Investor Education and Protection Fund by the company. The question of delay in transferring such sums does not arise.

IV. (a) The management has represented that, to the best of it's knowledge and belief, other than as disclosed in the notes to the accounts, no funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the company to or in any other person or entity including foreign entities ("Intermediaries”), with the understanding, whether recoided in writing or otherwise, that the Intermediary shall, whether, directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the company ("Ultimate Beneficiaries") or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries-

(b) The management has represented, that, to the best of it’s knowledge and beliel, other than as disclosed in the notes to the accounts, no funds have been received by the company from any person or entity, including foreign entities (“Funding Parties”), with the understanding, whether recorded in writing or otherwise, that the company shall, whether, directly or indirectly, lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (“Ultimate Beneficiaries”) or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries; and

(c) Based on our audit procedures we considered these reasonable and appropriate in the circumstances and nothing has come to our notice that has caused us to believe that the representations under sub-clause (a) and (b) contain any material mis-statement.

V. No Dividend has been declared or paid by the company during the year.

VI. Based on our examination, which included test checks, the Company has used accounting software systems for maintaining its books of account for the financial year ended March 31, 2026 which have the feature of recording audit trail (edit log) facility and the same has operated throughout the year for all relevant transactions recorded in the software systems. Further, during the course of our audit we did not come across any instance of the audit trail feature being tampered with and the audit trail has been preserved by the Company as per the statutory requirements for record retention.

2. As required by the Companies (Auditor's Report) Order, 2020, (“the Order”) issued

by the Central Government in terms of Section 143 (11) of the Act, we give in

“Annexure- B” a statement on the matters specified in paragraphs 3 and 4 of the Order

For GAUR & ASSOCIATES

Chartered Accountants

FRN: 005354C

-^X ^|U^35ACj |] \

S. K. Gupta

Partner —

M. No. 016746 Place: New Delhi

UDIN: 26016746IHTONT1331 Date: 18/05/2026

1

Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and. based on the audit evidence obtained, whether a

. material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Company to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention/^GT^ auditor’s report to the related disclosures in the Financial Statement or WLdtiL,-/,

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