October 28, 2022

National Stock Exchange of India Limited

BSE Limited

Exchange Plaza, Bandra Kurla Complex,

Phiroze Jeejeebhoy Towers

Bandra (East)

Dalal Street, Mumbai - 400 001

Mumbai - 400 051

Name of Scrip: LEMONTREE

BSE Scrip Code: 541233

Ref: Disclosure under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

Sub: Signing of License Agreement

Dear Sir

With reference to the captioned subject, we would like to inform you that the Company has signed a License Agreement for a 50 room hotel in Haridwar, Uttarakhand under the Company's brand "Lemon Tree Hotel". The hotel is expected to be operational by end of CY 2024.

Carnation Hotels Private Limited, a wholly owned subsidiary and the hotel management arm of the Company will be operating this hotel.

Please find attached herewith the copy of the press release in above regard.

Please take the above intimation on record.

Thanking you,

For Lemon Tree Hotels Limited

Digitally signed by Nikhil Sethi DN: c=IN, o=Personal,

Nikhil Sethi 2.5.4.20=ae9580dd81b25cc21dafdadd6050c1e576b37 97a5820c8183d929d51e618cfff, postalCode=110015, st=Delhi, serialNumber=095c8ada187fec0f77f9becb63f7323b82 981eb37891f2cafa895971d52a63c6, cn=Nikhil Sethi Date: 2022.10.28 19:05:14 +05'30'

Nikhil Sethi

AVP Legal & Group Company Secretary

And Compliance Officer

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Lemon Tree Hotels Ltd. published this content on 28 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2022 14:09:09 UTC.