AERT

Shares of Aeries Technology, Inc. AERT have gained 0.1% since the company reported its earnings for the quarter ended June 30, 2026. This compares with the S&P 500 index’s 0.3% decline over the same time frame. Over the past month, Aeries shares have advanced 11.9%, outperforming the S&P 500’s 1.5% increase. For the first quarter of fiscal 2027, Aeries reported earnings per share of 27 cents, which increased from 26 cents in the prior-year quarter. Revenues of $21.9 million denoted a 43% rise from $15.3 million in the year-ago quarter. Gross profit increased 69% to $6.4 million from $3.8 million, while gross margin expanded to 29.1% from 24.6%. Income from operations jumped 310% to $3.4 million from $0.8 million. Net income rose 32% to $2.2 million from $1.7 million, while net income attributable to Aeries shareholders increased 18% to $1.8 million. Aeries Technology, Inc. price-consensus-eps-surprise-chart | Aeries Technology, Inc. Quote Adjusted EBITDA increased to $4.1 million from $1 million in the prior-year quarter, while adjusted EBITDA margin expanded to 18.6% from 6.7%. Geographically, North American revenues increased to $18.6 million from $13.4 million in the prior-year period, while revenues from Asia Pacific and Other rose to $3.3 million from $1.9 million. Several engagements signed during fiscal 2026 progressed into steady-state operations during the quarter, contributing to revenue growth and strengthening client relationships across India and Mexico, according to management. Management said the quarter reflected progress in growth and profitability, market positioning and cash generation. CEO Ajay Khare attributed the improvement to the company’s operating model and its ability to translate revenue growth into stronger profitability and cash generation. Management also highlighted a shift in client demand beyond managed operations toward AI transformation, enterprise operations, automation and optimization initiatives. Aeries is positioning its AxAI agentic AI offering and AeriesOne AI-native enterprise operations platform as complementary capabilities spanning AI strategy, engineering, deployment, governance and managed operations. Management said enterprises are increasingly moving from AI experimentation toward production deployments, creating opportunities for broader engagements. The previously disclosed customer buyout contributed $2.7 million to revenues and profitability during the quarter, providing a meaningful boost to the reported 43% revenue increase. SG&A expenses increased just 2% to $3 million despite the substantial revenue growth and declined to 13.8% of revenues from 19.3% a year earlier, supporting operating leverage. Below the operating line, total other income swung to an expense of $0.3 million from income of $1.2 million a year ago. The prior-year period included a $1.3 million gain from the change in fair value of the forward purchase agreement put option liability. Income tax expense increased to $0.9 million from $0.3 million. Cash and cash equivalents increased to $6.1 million as of June 30, 2026, from $4.9 million at March 31, 2026. Total assets of $41.2 million denoted a decline from $41.9 million as of March 31, 2026. Long-term debt was $0.8 million, almost unchanged from the figure at March 31, 2026. Shareholders’ deficit was $2.8 million compared with a deficit of $3 million at the fiscal 2026-end level. Aeries generated $4.8 million in operating cash flow during the quarter, up 252% from $1.4 million a year earlier and marking its sixth consecutive quarter of positive operating cash flow. Aeries reaffirmed its fiscal 2027 outlook for revenues of $80 million to $84 million and adjusted EBITDA of $10 million to $12 million. Management said its confidence is supported by multiyear client engagements, expanding relationships with existing customers and programs transitioning into steady-state operations. During the quarter, Aeries repurchased more than 10% of its outstanding common stock and completed its previously announced 1-for-8 share consolidation. The company also continued settling legacy obligations associated with its business combination transaction and related costs. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Aeries Technology, Inc. (AERT): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Revenue increased 43% year over year to $21.9 million, with income from operations of $3.4 million, Net income of $ 2.2 million, and operating cash flow of $4.8 million. Reaffirms Fiscal Year 2027 guidance of $80 million to $84 million in revenue and $10 million to $12 million in Adjusted EBITDA. Expands AI transformation strategy with the launch of AxAI, an Agentic AI solution offering. NEW YORK, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (Nasdaq: AERT), a global provider of AI transformation and enterprise operations solutions, today announced financial results for the quarter ended June 30, 2026 (Q1, FY2027). The Company delivered a strong first quarter, reporting 43% year-over-year revenue growth to $21.9 million, significant improvements in profitability and cash generation, and continued operating discipline. During the quarter, Aeries continued advancing its AI transformation and enterprise operations strategy, expanding its capabilities to help enterprises create long-term value through AI-enabled business transformation and managed operations. First Quarter Fiscal 2027 Financial Highlights Revenue increased 43% year over year to $21.9 million* SG&A expenses remained well controlled, increasing 2% to $3.0 million, while improving to 13.8% of revenue from 19.3% in the prior-year quarter. Income from operations increased more than fourfold to $3.4 million*, from $0.8 million in the prior-year quarter. Net income increased to $2.2 million, compared to $1.7 million in the prior-year quarter. Adjusted EBITDA increased nearly fourfold to $4.1 million, with Adjusted EBITDA margin expanding to 18.6%* from 6.7% in the prior-year quarter. Operating cash flow increased more than threefold to $4.8 million, with cash and cash equivalents increasing to $6.1 million as of June 30, 2026. * The previously disclosed customer buyout was recognized as revenue during the quarter and contributed $2.7 million to the Company's revenue and profitability. Geographic Revenue Mix Revenue from North America increased to $18.6 million in the first quarter of fiscal 2027 from $13.4 million in the first quarter of fiscal 2026. Revenue from Asia Pacific and Other increased to $3.3 million from $1.9 million in the prior-year quarter. Financial Outlook The Company reaffirmed its fiscal year 2027 guidance: Revenue between $80 million and $84 million Adjusted EBITDA between $10 million and $12 million "This was an outstanding quarter for Aeries," said Ajay Khare, Chief Executive Officer of Aeries Technology. "Revenue increased 43% year over year to $21.9 million, income from operations increased more than fourfold to $3.4 million, Adjusted EBITDA nearly quadrupled to $4.1 million, and operating cash flow more than tripled to $4.8 million. These results reflect the disciplined operating model we have built over the past year and our ability to translate growth into stronger profitability and cash generation." "Just as importantly, our business continues to evolve. Clients increasingly engage Aeries to help transform enterprise operations through AI. We believe AI transformation will become one of the most significant drivers of enterprise value creation over the coming decade, and we are positioning Aeries as the partner enterprises can rely on to help realize that opportunity. The launch of AxAI, our agentic AI solution offering, marks an important milestone in that journey. Together with AeriesOne, our AI-native enterprise operations platform, we now provide an integrated capability that helps enterprises assess, build, deploy, and operate AI solutions at scale. By combining AI innovation with managed operations, we help clients move from AI experimentation to production, creating measurable business outcomes and long-term enterprise value." Strategic Progress During the quarter, Aeries continued expanding its client engagements beyond managed operations to include AI transformation, enterprise operations, automation and optimization initiatives. This reflects the Company's continued evolution into an AI transformation and enterprise operations provider, helping enterprises create long-term value through AI-enabled business transformation. On August 4, 2026, Aeries launched AxAI, its agentic AI solution offering built around its Forward Deployed Engineering (FDE) model, expanding its capabilities across the enterprise AI lifecycle.. Together with AeriesOne, the Company's AI-native enterprise operations platform, AxAI extends Aeries' ability to help enterprises design, deploy, and operate production-ready AI solutions while strengthening its AI transformation portfolio. This integrated approach supports customers across the AI lifecycle, from strategy and engineering to deployment, governance and managed operations. Capital Allocation The Company's strong operating cash flow enabled it to continue executing its disciplined capital allocation strategy during the quarter. In addition to strengthening the balance sheet and continuing to settle legacy obligations associated with its business combination transaction and related costs, the Company repurchased more than 10% of its outstanding common stock, reflecting management's confidence in the Company's long-term strategy and future growth prospects. The Company also completed its previously announced 1-for-8 share consolidation during the quarter. About Aeries Technology Aeries Technology, Inc. (Nasdaq: AERT) helps organizations worldwide create enterprise value through AI transformation and managed operations. Through its portfolio, including AxAI and AeriesOne, Aeries combines AI innovation, engineering expertise, business process knowledge, and managed global operations to help customers transform business functions and improve operational performance. Founded in 2012, Aeries serves global enterprises through delivery centers in India and Mexico. For more information, visit www.aeriestechnology.com. Conference Call DetailsThe Company will host a conference call to discuss its financial results on Monday, August 10, 2026, at 8 AM ET. The call will be accessible by telephone at 1-877-407-0792 (domestic) or 1-201-689-8263 (international). The call transcript will also be available on the Company’s investor relations website at https://ir.aeriestechnology.com/ Non-GAAP Financial Measures The Company uses non-GAAP financial information and believes it is useful to investors because it provides additional information to facilitate comparisons of historical operating results, identify trends in its underlying operating results, and provide additional insight and transparency into how it evaluates the business. The Company uses non-GAAP financial measures to budget, make operating and strategic decisions, and evaluate its performance. The Company has detailed the non-GAAP adjustments it makes in the non-GAAP definitions below. These adjustments generally fall within the categories of non-cash items. The Company believes the non-GAAP measures presented herein should always be considered alongside, and not as a substitute for or superior to, the related GAAP financial measures. In addition, similarly titled items used by other companies may not be comparable due to variations in how they are calculated and how terms are defined. For further information, see “Reconciliation of Non—GAAP Financial Measures” below, including the reconciliations of these non-GAAP measures to their most directly comparable GAAP financial measures. The Company defines Adjusted EBITDA as net income (loss) before interest, income taxes, depreciation, and amortization, further adjusted to exclude stock-based compensation, M&A transaction-related costs, and changes in the fair value of derivative liabilities. Adjusted EBITDA is a key performance indicator the Company uses in evaluating its operating performance and in making financial, operating, and planning decisions. The Company believes this measure is useful to investors in evaluating Aeries’ operating performance, as such information is used by the Company’s management for internal reporting and planning procedures, including aspects of its consolidated operating budget and capital expenditures. Adjusted EBITDA has some limitations in that it does not reflect: (i) cash expenditures or future requirements for capital expenditures or contractual commitments; (ii) foreign exchange gains or losses; (iii) changes in, or cash requirements for, working capital; (iv) significant interest expense or the cash requirements necessary to service interest or principal payments on the Company’s outstanding debt; (v) payments made or future requirements for income taxes; (vi) cash requirements for future replacement or payment of depreciated or amortized assets; (vii) stock-based compensation costs; and (viii)  changes in the fair value of derivative liabilities. The Company defines Adjusted EBITDA Margin as Adjusted EBITDA divided by Revenue. The Company does not provide a reconciliation of forward-looking non-GAAP financial measures to the most directly comparable financial measures calculated and reported in accordance with GAAP, as the Company is unable to estimate significant non-recurring or unusual items without unreasonable effort. The amounts and timing of these items are uncertain and could be material to the Company's results calculated in accordance with GAAP. Forward-Looking Statements All statements in this release that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as “anticipate,” “believe,” “continue,” “could,” “estimate”, “expect”, “hope”, “intend”, “may”, “might”, “should”, “would”, “will”, “understand” and similar words are intended to identify forward-looking statements. These forward-looking statements include but are not limited to statements regarding our future operating results, outlook, guidance and financial position, our business strategy and plans, our objectives for future operations, potential acquisitions and macroeconomic trends. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of Aeries and its subsidiaries, which could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to: our ability to continue as a going concern; our ability to retain and expand our client base; changes in the business, market, financial, political and legal conditions in India, Singapore, the United States, Mexico, the Cayman Islands and other countries, including developments with respect to inflation, interest rates and the global supply chain, including with respect to economic and geopolitical uncertainty in many markets around the world, the potential of decelerating global economic growth and increased volatility in foreign currency exchange rates; the potential for our business development efforts to maximize our potential value; the ability to maintain the listing of our Class A ordinary shares and our public warrants on Nasdaq, and the potential liquidity and trading of our securities; changes in applicable laws or regulations and other regulatory developments in the United States, India, Singapore, Mexico, the Cayman Islands and other countries; our ability to maintain effective internal controls; our success in retaining or recruiting, or changes required in, our officers, key employees or directors; our financial performance; our ability to make acquisitions, divestments or form joint ventures or otherwise make investments and the ability to successfully complete such transactions and integrate with our business; the period over which we anticipate our existing cash and cash equivalents will be sufficient to fund our operating expenses and capital expenditure requirements; geopolitical instability, armed conflicts, trade restrictions, tariffs and other international events that may adversely affect global economic conditions, customer spending and business operations, and any restrictive actions that have been or may be taken by the U.S. and/or other countries in response thereto, such as sanctions or export controls; risks related to cybersecurity and data privacy; the impact of inflation; and the fluctuation of economic conditions, inflation and other global events on Aeries’ results of operations and global supply chain constraints. Further information on risks, uncertainties and other factors that could affect our financial results are included in Aeries’ periodic and current reports filed with the U.S. Securities and Exchange Commission. Furthermore, Aeries operates in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. The forward-looking statements contained in this release are made as of the date hereof and Aeries disclaims any intention to, and undertakes no obligation to, update or revise forward-looking statements. Contact: [email protected] Source: Aeries Technology, Inc.

Shares of Aeries Technology, Inc. AERT have declined 15.6% since the company reported results for the fiscal year ended March 31, 2026, underperforming the S&P 500’s 1.7% decline over the same period. Over the past month, Aeries shares have declined 5.2% compared with a 3.1% decline for the broader market, reflecting weaker investor sentiment despite the company’s return to profitability. Aeries reported earnings per share of 5 cents for fiscal 2026 against a loss per share of 49 cents in fiscal 2025. Revenues of $70 million remained essentially flat compared with $70.2 million in fiscal 2025. Net income was $3.5 million, a sharp turnaround from a net loss of $21.6 million in the prior year. Income from operations improved to $4.5 million from an operating loss of $28.8 million a year earlier. Adjusted EBITDA reached $8.3 million compared with a negative $4.7 million in fiscal 2025, while adjusted EBITDA margin expanded to 11.9% from a negative 6.6%. Aeries Technology, Inc. price-consensus-eps-surprise-chart | Aeries Technology, Inc. Quote Gross profit increased 3% year over year to $17.3 million from $16.7 million, while gross margin improved to 25% from 24%. Selling, general and administrative expenses declined 72% to $12.8 million from $45.5 million, contributing significantly to the improvement in profitability. Operating cash flow totaled $6.8 million compared with cash used in operations of $1 million in fiscal 2025, marking the fourth consecutive quarter of positive operating cash flow. Cash and cash equivalents increased 77% year over year to $4.9 million. The company ended fiscal 2026 with more than 40 clients across industries, including e-commerce, telecommunications, healthcare and engineering. Chief executive officer Ajay Khare described fiscal 2026 as a year of “meaningful operational progress,” highlighting profitability improvements, cash generation and expansion of the company’s Global Capability Center (GCC) platform. Management emphasized gains from automation-enabled productivity initiatives and the expansion of multi-year GCC engagements across North America, India and Mexico. The company also noted progress in deepening relationships within the private-equity ecosystem, a core target market. In a follow-up statement, management said demand for AI-enabled GCC operating models is accelerating as private-equity-backed and mid-market companies increasingly seek technology-driven operating structures. The company believes this trend is creating opportunities for further GCC expansion and transformation engagements. The improvement in earnings was driven primarily by lower operating expenses, increased operating leverage and automation-led productivity enhancements. The steep decline in SG&A expenses, combined with stable revenue, helped restore profitability and expand margins. The launch of the AeriesOne A1 GCC Platform, which integrates AI-enabled automation into GCC operations, was cited as a key strategic initiative supporting efficiency, scalability and real-time decision-making across client engagements. At the same time, the company disclosed risks related to client concentration and contract renewals. In its annual report, Aeries noted that it received non-renewal notices from two significant customers, representing an expected annual revenue impact of approximately $4 million and $5.7 million, respectively. Aeries reiterated its fiscal 2027 outlook, projecting revenue between $80 million and $84 million and adjusted EBITDA between $10 million and $12 million. Adjusted EBITDA target suggests continued margin expansion. Management said the forecast is supported by signed contracts, ongoing client expansions and continued demand for GCC-led transformation initiatives. During fiscal 2026, Aeries launched the AeriesOne A1 GCC Platform, expanding its AI-enabled capabilities across GCC operations. The company also continued to scale its Mexico delivery presence to support multi-country GCC strategies and nearshore-offshore operating models for North American clients. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Aeries Technology, Inc. (AERT): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Reports Full-Year Revenue of $70 Million and Adjusted EBITDA of $8.3 Million, Exceeding Increased Adjusted EBITDA Guidance Range; Fourth Consecutive Quarter of Positive Operating Cash Flow; FY2027 Outlook Reiterated NEW YORK, June 10, 2026 (GLOBE NEWSWIRE) -- Following its recently reported fiscal year 2026 results, Aeries Technology, Inc. (Nasdaq: AERT) (“Aeries” or the “Company”), a global leader in AI-powered business transformation and Global Capability Center (“GCC”) services, today highlighted the significance of its financial progress and strategic positioning at a critical market inflection point. The Financial Turnaround With $70 million in revenue, Aeries delivered substantial improvements in profitability and cash generation. The Company returned to profitability, reporting net income of $3.5 million, compared with a net loss of $(21.6) million in fiscal year 2025. This represents an improvement of more than $25 million year over year. Adjusted EBITDA reached $8.3 million, exceeding the Company's increased guidance range of $7.0 million to $8.0 million. The Adjusted EBITDA margin expanded by 18.5 percentage points to 11.9%, up from (6.6)% in the prior year. Importantly, these results were achieved while the Company continued to invest in AI-enabled capabilities, client expansion, and platform innovation. Operating cash flow improved to $6.8 million, up from $(1.0) million used in operations in fiscal year 2025, marking the fourth consecutive quarter of positive operating cash flow. SG&A expenses declined 72% year-over-year to $12.8 million from $45.5 million, reflecting a significantly leaner and more scalable operating structure. Positioned in an Accelerating Market Private equity sponsors and mid-market enterprises are rapidly adopting GCC operating models that embed AI and automation as core design elements. Demand for AI-embedded GCC models is accelerating beyond pilot programs. Clients are asking: “How do we build a GCC that operates with AI as a native?” Management believes these forces are creating a significant opportunity for PE-backed enterprises evaluating GCC transformation partners. Aeries is positioned at the center of this inflection, with a portfolio of signed contracts and expanding client relationships. Fiscal 2026 Financial Highlights Revenue of $70.0 million Income from operations of $4.5 million, compared to a loss from operations of $(28.8) million in fiscal year 2025 Net income of $3.5 million, compared to a net loss of $(21.6) million in fiscal year 2025 Adjusted EBITDA of $8.3 million, exceeding the Company's increased guidance range of $7.0 million to $8.0 million Adjusted EBITDA margin of 11.9%, compared to (6.6)% in fiscal year 2025 Operating cash flow of $6.8 million, compared to cash used in operations of $(1.0) million in fiscal year 2025 Fourth consecutive quarter of positive operating cash flow SG&A expenses declined 72% year-over-year to $12.8 million from $45.5 million Fiscal Year 2027 Outlook – Accelerating Growth Aeries is reiterating its previously announced fiscal year 2027 guidance, reflecting strong growth momentum entering the new fiscal year: Revenue between $80 million and $84 million (approximately 17% growth) Adjusted EBITDA between $10 million and $12 million (approximately 32% growth) Ajay Khare, Chief Executive Officer, Aeries Technology, commented, “Fiscal 2026 was a defining year for Aeries. We delivered $70 million in revenue, exceeded our increased Adjusted EBITDA guidance, generated positive operating cash flow for four consecutive quarters, and returned to profitability, all while continuing to invest in AI-enabled capabilities and client expansion. “What excites us most is what we're seeing in the market right now. Private equity sponsors are actively evaluating GCC transformation partners. Demand for AI-embedded GCC models is accelerating. Clients are moving beyond pilots and asking how to build AI-native operating models. This is the inflection point we've been building for. “We are entering fiscal 2027 with stronger client relationships, expanding AI-enabled capabilities, improving operating leverage, a portfolio of signed contracts, and confidence in our ability to drive the next phase of growth and shareholder value creation. The combination of strong profitability, positive cash generation, and accelerating market demand positions Aeries well to benefit from the continued adoption of GCC-led transformation initiatives across the private equity and mid-market landscape.” About Aeries TechnologyAeries Technology (Nasdaq: AERT) is a global leader in AI-enabled value creation, business transformation, and Global Capability Center (GCC) delivery for private equity-backed enterprises. Leveraging advanced technologies, automation, and scalable global delivery models, Aeries provides tailored GCC and transformation solutions designed to support long-term operational efficiency and enterprise value creation. Founded in 2012, Aeries Technology supports clients through its India and Mexico delivery operations and continues to focus on scalable GCC-led transformation programs for private equity-backed and mid-market enterprises. Non-GAAP Financial Measures The Company uses non-GAAP financial information and believes it is useful to investors as it provides additional information to facilitate comparisons of historical operating results, identify trends in its underlying operating results and provide additional insight and transparency on how it evaluates the business. The Company uses non-GAAP financial measures to budget, make operating and strategic decisions, and evaluate its performance. The Company has detailed the non-GAAP adjustments that it makes in the non-GAAP definitions below. The adjustments generally fall within the categories of non-cash items. The Company believes the non-GAAP measures presented herein should always be considered along with, and not as a substitute for or superior to, the related GAAP financial measures. In addition, similarly titled items used by other companies may not be comparable due to variations in how they are calculated and how terms are defined. For further information, see “Reconciliation of Non—GAAP Financial Measures” below, including the reconciliations of these non-GAAP measures to their most directly comparable GAAP financial measures. The Company defines Adjusted EBITDA as net income (loss) before interest, income taxes, depreciation and amortization, further adjusted to exclude stock-based compensation, M&A transaction-related costs, severance pay, and changes in fair value of derivative liabilities. 1612879829.1 Adjusted EBITDA is a key performance indicator the Company uses in evaluating our operating performance and in making financial, operating, and planning decisions. The Company believes this measure is useful to investors in the evaluation of Aeries’ operating performance as such information was used by the Company’s management for internal reporting and planning procedures, including aspects of our consolidated operating budget and capital expenditures. Adjusted EBITDA as a measure has some limitations in that it does not reflect: (i) our cash expenditures or future requirements for capital expenditures or contractual commitments; (ii) foreign exchange gain/loss; (iii) changes in, or cash requirements for, working capital; (iv) significant interest expense or the cash requirements necessary to service interest or principal payments on our outstanding debt; (v) payments made or future requirements for income taxes; (vi) cash requirements for future replacement or payment in depreciated or amortized assets; (vii) stock based compensation costs, (viii) severance pay, (ix) Business Combination and M&A transaction related costs, which represent non-recurring legal, professional, personnel and other fees and expenses incurred in connection with potential mergers and acquisitions related activities, and (x) change in fair value of derivative liabilities. We define Adjusted EBITDA Margin as Adjusted EBITDA divided by Revenue. The Company does not provide a reconciliation of forward-looking non-GAAP financial measures to the most directly comparable financial measures calculated and reported in accordance with GAAP, as the Company is unable to estimate significant non-recurring or unusual items without unreasonable effort. The amounts and timing of these items are uncertain and could be material to the Company's results calculated in accordance with GAAP. Forward-Looking Statements All statements in this release that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as “anticipate,” “believe,” “continue,” “could,” “estimate”, “expect”, “hope”, “intend”, “may”, “might”, “should”, “would”, “will”, “understand” and similar words are intended to identify forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding our future operating results, outlook, guidance, and financial position, our business strategy and plans, our objectives for future operations, potential acquisitions, and macroeconomic trends. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of Aeries and its subsidiaries, which could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, our ability to continue as a going concern; our ability to retain and expand our client base; changes in the business, market, financial, political and legal conditions in India, Singapore, the United States, Mexico, the Cayman Islands and other countries, including developments with respect to inflation, interest rates and the global supply chain, including with respect to economic and geopolitical uncertainty in many markets around the world, the potential of decelerating global economic growth and increased volatility in foreign currency exchange rates; the potential for our business development efforts to maximize our potential value; the ability to maintain the listing of our Class A ordinary shares and our public warrants on Nasdaq, and the potential liquidity and trading of our securities; changes in applicable laws or regulations and other regulatory developments in the United States, India, Singapore, Mexico, the Cayman Islands and other countries; our ability to develop and maintain effective internal controls, including our ability to remediate the material weakness in our internal controls over financial reporting; our success in retaining or recruiting, or changes required in, our officers, key employees or directors; our financial performance; our ability to make acquisitions, divestments or form joint ventures or otherwise make investments and the ability to successfully complete such transactions and integrate with our business; the period over which we anticipate our existing cash and cash equivalents will be sufficient to fund our operating expenses and capital expenditure requirements; the conflicts between Russia and Ukraine, and Israel and Hamas, and between the United States and Iran, and the tensions between China and Taiwan, and any restrictive actions that have been or may be taken by the U.S. and/or other countries in response thereto, such as sanctions or export controls; risks related to cybersecurity and data privacy; the impact of inflation; and the fluctuation of economic conditions, global conflicts, inflation and other global events on Aeries’ results of operations and global supply chain constraints. Further information on risks, uncertainties and other factors that could affect our 1612879829.1 financial results are included in Aeries’ periodic and current reports filed with the U.S. Securities and Exchange Commission. Furthermore, Aeries operates in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. Aeries disclaims any intention to, and undertakes no obligation to, update or revise forward-looking statements. Contact [email protected]

Reports Full-Year Revenue of $70 Million and Adjusted EBITDA of $8.3 Million, Exceeding Increased Adjusted EBITDA Guidance Range; Fourth Consecutive Quarter of Positive Operating Cash Flow NEW YORK, June 08, 2026 (GLOBE NEWSWIRE) --  Aeries Technology, Inc. (“Aeries” or the “Company”) (Nasdaq: AERT), a global leader in Global Capability Center (“GCC”) services and business transformation solutions for private equity-backed enterprises, today announced financial results for the fiscal year ended March 31, 2026. Fiscal Year Ended March 31, 2026 (Fiscal Year 2026) Financial Highlights Revenue: Revenue for fiscal year 2026 was $70 million. Income from Operations: Income from operations for fiscal year 2026 was $4.5 million, compared to $(28.8) million for fiscal year 2025. Net Income: Net income for fiscal year 2026 was $3.5 million, compared to $(21.6) million for fiscal year 2025. Adjusted EBITDA: Adjusted EBITDA for fiscal year 2026 was $8.3 million, with an Adjusted EBITDA margin of 11.9%, above the Company's increased guidance range of $7 million to $8 million, compared to $(4.7) million and a margin of (6.6)% for fiscal year 2025. Operating Cash Flow: The Company generated $6.8 million in cash from operating activities during fiscal year 2026, compared to $(1.0) million used in operations in fiscal year 2025, and reported positive operating cash flow for the fourth consecutive quarter. Financial Outlook The Company is reiterating its previously stated guidance for fiscal year 2027: Revenue between $80 million and $84 million Adjusted EBITDA between $10 million and $12 million Ajay Khare, Chief Executive Officer of Aeries, commented: "Fiscal year 2026 was a year of meaningful operational progress for Aeries. We delivered revenue of $70 million and Adjusted EBITDA of $8.3 million, exceeding our increased guidance range of $7 million to $8 million, with Adjusted EBITDA margin expanding to 11.9% from (6.6)% in fiscal year 2025. We generated $6.8 million in cash from operating activities, reported our fourth consecutive quarter of positive operating cash flow, and returned to net income of $3.5 million. During the year, we continued to improve operating leverage through disciplined execution, automation-enabled productivity initiatives, and expansion of multi-year GCC engagements across North America, India, and Mexico. We also continued to deepen our relationships within the private equity ecosystem and expand client engagements across our GCC delivery model. This included the launch of our AeriesOne A1 GCC Platform, which embeds AI-enabled automation across our delivery model and represents an important step in how we deliver value for clients. Based on our current portfolio of signed contracts and ongoing client expansions, we are reiterating our previously stated fiscal year 2027 outlook. We remain focused on profitable growth, operational discipline, and continued execution across our GCC platform." Strategic and Operational Highlights Launched the AeriesOne A1 GCC Platform, integrating AI-enabled automation into GCC operations to enable improved efficiency, scalability, and real-time decision-making across client engagements Continued momentum in transformation programs and automation-enabled delivery initiatives Sustained focus on governance, operational efficiency, and scalable delivery execution Demand for GCC-led operating models remained strong throughout the year, particularly among private equity-backed and mid-market enterprises seeking scalable, technology-enabled global operating structures. Aeries further scaled its Mexico delivery presence during the year, supporting multi-country GCC strategies and nearshore-offshore operating models for North American clients. Conference Call Details The Company will host a conference call to discuss its financial results on Monday, June 8, 2026, at 8 AM ET. The call will be accessible by telephone at 1-877-407-0792 (domestic) or 1-201-689-8263 (international). The call transcript will also be available on the Company’s investor relations website at https://ir.aeriestechnology.com/ About Aeries Technology Aeries Technology (Nasdaq: AERT) is a global leader in AI-enabled value creation, business transformation, and Global Capability Center (GCC) delivery for private equity-backed enterprises. Leveraging advanced technologies, automation, and scalable global delivery models, Aeries provides tailored GCC and transformation solutions designed to support long-term operational efficiency and enterprise value creation. Founded in 2012, Aeries Technology supports clients through its India and Mexico delivery operations and continues to focus on scalable GCC-led transformation programs for private equity-backed and mid-market enterprises. Non-GAAP Financial Measures The Company uses non-GAAP financial information and believes it is useful to investors as it provides additional information to facilitate comparisons of historical operating results, identify trends in its underlying operating results and provide additional insight and transparency on how it evaluates the business. The Company uses non-GAAP financial measures to budget, make operating and strategic decisions, and evaluate its performance. The Company has detailed the non-GAAP adjustments that it makes in the non-GAAP definitions below. The adjustments generally fall within the categories of non-cash items. The Company believes the non-GAAP measures presented herein should always be considered along with, and not as a substitute for or superior to, the related GAAP financial measures. In addition, similarly titled items used by other companies may not be comparable due to variations in how they are calculated and how terms are defined. For further information, see “Reconciliation of Non—GAAP Financial Measures” below, including the reconciliations of these non-GAAP measures to their most directly comparable GAAP financial measures. The Company defines Adjusted EBITDA as net income (loss) before interest, income taxes, depreciation and amortization, further adjusted to exclude stock-based compensation, M&A transaction-related costs, severance pay, and changes in fair value of derivative liabilities. Adjusted EBITDA is a key performance indicator the Company uses in evaluating our operating performance and in making financial, operating, and planning decisions. The Company believes this measure is useful to investors in the evaluation of Aeries’ operating performance as such information was used by the Company’s management for internal reporting and planning procedures, including aspects of our consolidated operating budget and capital expenditures. Adjusted EBITDA as a measure has some limitations in that it does not reflect: (i) our cash expenditures or future requirements for capital expenditures or contractual commitments; (ii) foreign exchange gain/loss; (iii) changes in, or cash requirements for, working capital; (iv) significant interest expense or the cash requirements necessary to service interest or principal payments on our outstanding debt; (v) payments made or future requirements for income taxes; (vi) cash requirements for future replacement or payment in depreciated or amortized assets; (vii) stock based compensation costs, (viii) severance pay, (ix) Business Combination and M&A transaction related costs, which represent non-recurring legal, professional, personnel and other fees and expenses incurred in connection with potential mergers and acquisitions related activities, and (x) change in fair value of derivative liabilities. We define Adjusted EBITDA Margin as Adjusted EBITDA divided by Revenue. The Company does not provide a reconciliation of forward-looking non-GAAP financial measures to the most directly comparable financial measures calculated and reported in accordance with GAAP, as the Company is unable to estimate significant non-recurring or unusual items without unreasonable effort. The amounts and timing of these items are uncertain and could be material to the Company's results calculated in accordance with GAAP. Forward-Looking Statements All statements in this release that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as “anticipate,” “believe,” “continue,” “could,” “estimate”, “expect”, “hope”, “intend”, “may”, “might”, “should”, “would”, “will”, “understand” and similar words are intended to identify forward looking statements. These forward-looking statements include but are not limited to, statements regarding our future operating results, outlook, guidance and financial position, our business strategy and plans, our objectives for future operations, potential acquisitions and macroeconomic trends. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of Aeries and its subsidiaries, which could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, our ability to continue as a going concern; our ability to retain and expand our client base; changes in the business, market, financial, political and legal conditions in India, Singapore, the United States, Mexico, the Cayman Islands and other countries, including developments with respect to inflation, interest rates and the global supply chain, including with respect to economic and geopolitical uncertainty in many markets around the world, the potential of decelerating global economic growth and increased volatility in foreign currency exchange rates; the potential for our business development efforts to maximize our potential value; the ability to maintain the listing of our Class A ordinary shares and our public warrants on Nasdaq, and the potential liquidity and trading of our securities; changes in applicable laws or regulations and other regulatory developments in the United States, India, Singapore, Mexico, the Cayman Islands and other countries; our ability to develop and maintain effective internal controls, including our ability to remediate the material weakness in our internal controls over financial reporting; our success in retaining or recruiting, or changes required in, our officers, key employees or directors; our financial performance; our ability to make acquisitions, divestments or form joint ventures or otherwise make investments and the ability to successfully complete such transactions and integrate with our business; the period over which we anticipate our existing cash and cash equivalents will be sufficient to fund our operating expenses and capital expenditure requirements; the conflicts between Russia and Ukraine, and Israel and Hamas, and between the United States and Iran, and the tensions between China and Taiwan, and any restrictive actions that have been or may be taken by the U.S. and/or other countries in response thereto, such as sanctions or export controls; risks related to cybersecurity and data privacy; the impact of inflation; and the fluctuation of economic conditions, global conflicts, inflation and other global events on Aeries’ results of operations and global supply chain constraints. Further information on risks, uncertainties and other factors that could affect our financial results are included in Aeries’ periodic and current reports filed with the U.S. Securities and Exchange Commission. Furthermore, Aeries operates in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. Aeries disclaims any intention to, and undertakes no obligation to, update or revise forward-looking statements. Contact [email protected] Source: Aeries Technology, Inc.

Margin Expansion, Operating Leverage and Multi-Year GCC Momentum Drive Increased Visibility NEW YORK, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (NASDAQ: AERT) (“Aeries” or the “Company”), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, today announced financial results for its third quarter of fiscal 2026, ended December 31, 2025. Based on performance through the third quarter and continued execution momentum, Aeries is increasing the current full-year fiscal 2026 adjusted EBITDA guidance to a range of $7 million to $8 million, compared to the prior guidance of $6 million to $8 million. For fiscal 2027, which runs from April 2026 through March 2027, and based on our current portfolio of signed contracts and active program expansions already underway, Aeries expects revenue in the range of $80 million to $84 million, with an adjusted EBITDA range of $10 million to $12 million. The company delivered another quarter of solid performance driven by strong execution across India and Mexico, increasing adoption of transformation programs, and continued expansion of multi-year GCC engagements. Aeries also generated positive operating cash flow for the third consecutive quarter, reflecting improved operating leverage and cost discipline. Financial Highlights (unaudited) For the quarter ended December 31, 2025, (Q3 FY2026) Revenue of $17.5 million Net Income of $1.2 million Adjusted EBITDA of $2.5 million and 14.1% margin Operating cash flow positive for the third consecutive quarter, at approximately $2.4 million. These results reflect continued progress in building a more predictable and efficient operating model, supported by automation-driven productivity gains, improved delivery utilization, and disciplined execution across client programs. The quarter was marked by continued activity across GCC engagements. During the quarter, Aeries continued to advance its automation and AI delivery initiatives and was recognized by industry analysts for its GCC setup and expansion capabilities. Demand from private equity portfolio companies and mid-market enterprises remained strong, contributing to increased client expansions and improved forward visibility. To support continued scaling of client programs, Aeries has also strengthened its talent acquisition capabilities through a strategic partnership with a leading global recruitment firm, enhancing its ability to ramp GCC operations efficiently and support accelerated client onboarding across geographies. Third Quarter Highlights Third consecutive quarter of positive operating cash flow Meaningful year-over-year improvement in adjusted EBITDA and margins Continued expansion of multi-year GCC engagements across India and Mexico “Aeries continued to make solid progress this quarter, with stable revenue, improved adjusted EBITDA performance, and positive operating cash flow,” said Ajay Khare, Chief Executive Officer of Aeries Technology. “Based on our performance through the third quarter and increased visibility from signed and in-flight programs, we are increasing our current full-year fiscal 2026 adjusted EBITDA guidance to a range of $7 million to $8 million, compared to our prior guidance of $6 million to $8 million. and are providing an initial view into fiscal 2027, reflecting continued momentum in revenue growth and profitability. As more client programs reach steady state through our GCC engagement models, we are enabling more predictable and sustainable value creation for private equity-backed and mid-market enterprises.” Aeries’ third quarter results reflect improving operating fundamentals, deeper client relationships, and continued progress in profitability and cash generation. The expanding contribution of automation, scaled GCC delivery, and multi-year program ramps supports increasing confidence in the Company’s medium- and long-term growth outlook. Conference Call Details The company will host a conference call to discuss its financial results on February 9, 2026, at 08:00 AM ET. The call will be accessible by telephone at 1-877-407-0792 (domestic) or 1-201-689-8263 (international). The call transcript will also be available on the company’s investor relations website at https://ir.aeriestechnology.com. About Aeries Technology Aeries Technology (NASDAQ: AERT) is a global leader in AI-enabled value creation, business transformation, and Global Capability Center (GCC) delivery for private-equity (PE) portfolio companies, supporting scalable, technology-driven execution. Founded in 2012, its commitment to workforce development has earned it the Great Place to Work Certification for three consecutive years. Non-GAAP Financial Measures The Company uses non-GAAP financial information and believes it is useful to investors as it provides additional information to facilitate comparisons of historical operating results, identify trends in its underlying operating results and provide additional insight and transparency on how it evaluates the business. The Company uses non-GAAP financial measures to budget, make operating and strategic decisions, and evaluate its performance. The Company has detailed the non-GAAP adjustments that it makes in the non-GAAP definitions below. The adjustments generally fall within the categories of non-cash items. The Company believes the non-GAAP measures presented herein should always be considered along with, and not as a substitute for or superior to, the related GAAP financial measures. In addition, similarly titled items used by other companies may not be comparable due to variations in how they are calculated and how terms are defined. For further information, see “Reconciliation of Non—GAAP Financial Measures” below, including the reconciliations of these non-GAAP measures to their most directly comparable GAAP financial measures. The Company defines Adjusted EBITDA as net income from operations before interest, income taxes, depreciation and amortization, further adjusted to exclude stock-based compensation, M&A transaction-related costs, and changes in fair value of derivative liabilities. Adjusted EBITDA is a key performance indicator the company uses in evaluating our operating performance and in making financial, operating, and planning decisions. The Company believes this measure is useful to investors in the evaluation of Aeries’ operating performance as such information was used by the Company’s management for internal reporting and planning procedures, including aspects of our consolidated operating budget and capital expenditures. Adjusted EBITDA as a measure has some limitations in that it does not reflect: (i) our cash expenditures or future requirements for capital expenditures or contractual commitments; (ii) foreign exchange gain/loss; (iii) changes in, or cash requirements for, working capital; (iv) significant interest expense or the cash requirements necessary to service interest or principal payments on our outstanding debt; (v) payments made or future requirements for income taxes; (vi) cash requirements for future replacement or payment in depreciated or amortized assets; (vii) stock based compensation costs, (viii) severance pay, (ix) Business Combination and M&A transaction related costs, which represent non-recurring legal, professional, personnel and other fees and expenses incurred in connection with potential mergers and acquisitions related activities, and (x) change in fair value of derivative liabilities. We define Adjusted EBITDA Margin as Adjusted EBITDA divided by Revenue. The Company does not provide a reconciliation of forward-looking non-GAAP financial measures to the most directly comparable financial measures calculated and reported in accordance with GAAP, as the Company is unable to estimate significant non-recurring or unusual items without unreasonable effort. The amounts and timing of these items are uncertain and could be material to the company's results calculated in accordance with GAAP. Forward-Looking Statements All statements in this release that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as “anticipate,” “believe,” “continue,” “could,” “estimate”, “expect”, “hope”, “intend”, “may”, “might”, “should”, “would”, “will”, “understand” and similar words are intended to identify forward looking statements. These forward-looking statements include but are not limited to, statements regarding our future operating results, outlook, guidance and financial position, our business strategy and plans, our objectives for future operations, potential acquisitions and macroeconomic trends. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of Aeries and its subsidiaries, which could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, our ability to continue as a going concern; our ability to retain and expand our client base; changes in the business, market, financial, political and legal conditions in India, Singapore, the United States, Mexico, the Cayman Islands and other countries, including developments with respect to inflation, interest rates and the global supply chain, including with respect to economic and geopolitical uncertainty in many markets around the world, the potential of decelerating global economic growth and increased volatility in foreign currency exchange rates; the potential for our business development efforts to maximize our potential value; the ability to maintain the listing of our Class A ordinary shares and our public warrants on Nasdaq, and the potential liquidity and trading of our securities; changes in applicable laws or regulations and other regulatory developments in the United States, India, Singapore, Mexico, the Cayman Islands and other countries; our ability to develop and maintain effective internal controls, including our ability to remediate the material weakness in our internal controls over financial reporting; our success in retaining or recruiting, or changes required in, our officers, key employees or directors; our financial performance; our ability to make acquisitions, divestments or form joint ventures or otherwise make investments and the ability to successfully complete such transactions and integrate with our business; the period over which we anticipate our existing cash and cash equivalents will be sufficient to fund our operating expenses and capital expenditure requirements; the conflicts between Russia and Ukraine, and Israel and Hamas, and the tensions between China and Taiwan, and any restrictive actions that have been or may be taken by the U.S. and/or other countries in response thereto, such as sanctions or export controls; risks related to cybersecurity and data privacy; the impact of inflation; and the fluctuation of economic conditions, global conflicts, inflation and other global events on Aeries’ results of operations and global supply chain constraints. Further information on risks, uncertainties and other factors that could affect our financial results are included in Aeries’ periodic and current reports filed with the U.S. Securities and Exchange Commission. Furthermore, Aeries operates in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. Aeries disclaims any intention to, and undertakes no obligation to, update or revise forward-looking statements. Contact [email protected] AERIES TECHNOLOGY, INC. AND SUBSIDIARIES RECONCILIATION OF NON-GAAP FINANCIAL MEASURES For the three and nine months ended December 31, 2025 and 2024 (in thousands of United States dollars, except percentages)

Early implementation outcomes demonstrate measurable improvements ahead of phased rollout. NEW YORK, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (NASDAQ: AERT), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, today shared results from early implementations of its Engineering Management Framework (EMF) across select client programs. EMF was tested in active engagements throughout 2025 and is now entering phased rollout based on validated outcomes. EMF is Aeries’ governance led system that standardizes how enterprises measure and manage engineering performance across global delivery hubs. The framework converts engineering, automation, and monitoring data into executive ready insights that strengthen delivery predictability, improve engineering effectiveness, and reduce operational risk. Early programs that highlight EMF delivered measurable gains, including: Up to 30% faster development cycles through AI enabled engineering practices Up to 30% reduction in data reconciliation timelines with improved reliability Delivery of AI powered content automation for higher content throughput and reduced manual effort Faster migration cycles and improved system stability across multi hub engineering environments “These results show how a governance first engineering approach strengthens delivery predictability, improves release reliability, and gives leaders actionable visibility into global engineering operations,” said Unni Nambiar, CTO at Aeries Technology. “The pilot programs validate the impact of disciplined engineering practices and AI enabled insights, which gives us confidence as EMF begins phased adoption across all GCC engagements.” Clients increasingly prioritize transparency, predictability, and scalable governance in their global engineering models. These needs are shaping the future of the GCC market, which industry sources estimate will exceed $100 billion by 2030. EMF positions Aeries to meet this demand with a proven operating model that strengthens long term client value and supports sustainable growth. About Aeries Technology Aeries Technology (NASDAQ: AERT) is a global leader in AI-enabled value creation, business transformation, and Global Capability Center (GCC) delivery for private-equity (PE) portfolio companies, supporting scalable, technology-driven execution. Founded in 2012, its commitment to workforce development has earned it the Great Place to Work Certification for two consecutive years. Media Contact [email protected] Forward-Looking Statements This press release contains forward-looking statements, including statements regarding product launches, leadership strategy, business expansion plans, initiatives, and operational transformation. These statements are subject to risks and uncertainties as detailed in the Company's filings with the U.S. Securities and Exchange Commission, which are incorporated herein by reference. Actual results may differ materially. The Company disclaims any obligation to update forward-looking statements except as required by law.

Leadership Highlights Disciplined Growth Momentum Following Two Consecutive Profitable Quarters. NEW YORK, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (NASDAQ: AERT) (“Aeries” or the “Company”), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, today announced that it held its Second Quarter Fiscal Year 2026 Earnings Call earlier in the week. Chief Executive Officer Ajay Khare and Chief Financial and Investment Officer Daniel Webb reviewed quarterly performance, operational progress, and the Company’s Fiscal Year 2026 outlook during the call. Q2 FY2026 (quarter ended September 2025) Earnings Call Highlights Two consecutive profitable quarters and positive operating cash flow for the first half of FY2026 — the strongest start in Company history. Revenue of $17.36 million in Q2 FY2026, up 3% year-over-year. Net income of $0.64 million and Adjusted EBITDA of $2.55 million with 14.7% EBITDA margin. Operating cash flow of $2.39 million for the first half of FY2026. Management reaffirmed FY2026 Adjusted EBITDA guidance of $6 million to $8 million. Leadership underscored operating from a position of strength via operational excellence, focused execution and AI-led delivery. Strategic and Operational Progress During the call, management outlined continued momentum across its AI-led GCC and automation initiatives: Turnaround complete; entering disciplined growth with AI platforms and a dual-shore India–Mexico model. Planned 500+ delivery hires over 12 months to support client demand. Expanded PE-ecosystem engagements; new portfolio clients in tech, healthcare, and software. New AI partnership expanding automation footprint and capabilities. Sponsor flywheel: successful engagements open new opportunities within PE networks. FY2027 impact: Current contracts are in early ramp, with full contribution expected as they mature over 4–6 months. Executive Commentary “Q2 marks the completion of our turnaround and the beginning of our next phase,” said Ajay Khare, Chief Executive Officer. “Profitability, expanding PE sponsor relationships, and the compounding effect of our AI and GCC models position us to pursue scale with continued financial discipline. As we grow, we are investing in systems, tools, and leadership talent to drive speed, consistency, and delivery excellence for better client outcomes and sustained efficiency.” “Our first-half profitability and positive operating cash flow reflect a durable model,” added Daniel Webb, Chief Financial and Investment Officer. “We’re balancing investment in automation with operating discipline. We expect new contracts currently in ramp-up to begin contributing more meaningfully through FY2027. We reaffirm FY2026 Adjusted EBITDA of $6 million to $8 million.” Looking Ahead With the turnaround complete, Aeries is now operating from a position of strength—executing a disciplined growth playbook centered on AI platforms, an integrated India–Mexico delivery model, and sponsor-led expansion across the private equity ecosystem. Q2 also saw multiple new enterprise client additions across diversified end-markets, reflecting rising demand for GCC builds, AI-led modernization, and automation at scale. The Company anticipates closing additional client opportunities in Q3. Conference Call Transcript A transcript of the earnings call is available on the Investor Relations section of Aeries’ website at https://ir.aeriestechnology.com. About Aeries Technology Aeries Technology (NASDAQ: AERT) is a global leader in AI-enabled value creation, business transformation, and Global Capability Center (GCC) delivery for private-equity (PE) portfolio companies, supporting scalable, technology-driven execution. Founded in 2012, its commitment to workforce development has earned it the Great Place to Work Certification for two consecutive years. Non-GAAP Financial Measures The Company uses non-GAAP financial information and believes it is useful to investors as it provides additional information to facilitate comparisons of historical operating results, identify trends in its underlying operating results and provide additional insight and transparency on how it evaluates the business. The Company uses non-GAAP financial measures to budget, make operating and strategic decisions, and evaluate its performance. The Company has detailed the non-GAAP adjustments that it makes in the non-GAAP definitions below. The adjustments generally fall within the categories of non-cash items. The Company believes the non-GAAP measures presented herein should always be considered along with, and not as a substitute for or superior to, the related GAAP financial measures. In addition, similarly titled items used by other companies may not be comparable due to variations in how they are calculated and how terms are defined. For further information, see “Reconciliation of Non—GAAP Financial Measures” below, including the reconciliations of these non-GAAP measures to their most directly comparable GAAP financial measures. The Company define Adjusted EBITDA as net income from operations before interest, income taxes, depreciation and amortization, further adjusted to exclude stock-based compensation, M&A transaction-related costs, and changes in fair value of derivative liabilities. Adjusted EBITDA is a key performance indicator the company uses in evaluating our operating performance and in making financial, operating, and planning decisions. The Company believes this measure is useful to investors in the evaluation of Aeries’ operating performance as such information was used by the Company’s management for internal reporting and planning procedures, including aspects of our consolidated operating budget and capital expenditures. Some of the limitations of Adjusted EBITDA include: this measure does not reflect (i) our cash expenditures or future requirements for capital expenditures or contractual commitments or foreign exchange gain/loss; (ii) changes in, or cash requirements for, working capital; (iii) significant interest expense or the cash requirements necessary to service interest or principal payments on our outstanding debt; (iv) payments made or future requirements for income taxes; (v) cash requirements for future replacement or payment in depreciated or amortized assets; (vi) stock based compensation costs, (vii) severance pay, (viii) Business Combination and M&A transaction related costs, which represent non-recurring legal, professional, personnel and other fees and expenses incurred in connection with potential mergers and acquisitions related activities, and (ix) change in fair value of derivative liabilities. Forward-Looking Statements All statements in this release that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as “anticipate,” “believe,” “continue,” “could,” “estimate”, “expect”, “hope”, “intend”, “may”, “might”, “should”, “would”, “will”, “understand” and similar words are intended to identify forward looking statements. These forward-looking statements include but are not limited to, statements regarding our future operating results, outlook, guidance and financial position, our business strategy and plans, our objectives for future operations, potential acquisitions and macroeconomic trends. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of Aeries and its subsidiaries, which could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, our ability to continue as a going concern; our ability to retain and expand our client base; changes in the business, market, financial, political and legal conditions in India, Singapore, the United States, Mexico, the Cayman Islands and other countries, including developments with respect to inflation, interest rates and the global supply chain, including with respect to economic and geopolitical uncertainty in many markets around the world, the potential of decelerating global economic growth and increased volatility in foreign currency exchange rates; the potential for our business development efforts to maximize our potential value; the ability to maintain the listing of our Class A ordinary shares and our public warrants on Nasdaq, and the potential liquidity and trading of our securities; changes in applicable laws or regulations and other regulatory developments in the United States, India, Singapore, Mexico, the Cayman Islands and other countries; our ability to develop and maintain effective internal controls, including our ability to remediate the material weakness in our internal controls over financial reporting; our success in retaining or recruiting, or changes required in, our officers, key employees or directors; our financial performance; our ability to make acquisitions, divestments or form joint ventures or otherwise make investments and the ability to successfully complete such transactions and integrate with our business; the period over which we anticipate our existing cash and cash equivalents will be sufficient to fund our operating expenses and capital expenditure requirements; the conflicts between Russia and Ukraine, and Israel and Hamas, and any restrictive actions that have been or may be taken by the U.S. and/or other countries in response thereto, such as sanctions or export controls; risks related to cybersecurity and data privacy; the impact of inflation; the impact of the COVID-19 pandemic and other similar pandemics and disruptions in the future; and the fluctuation of economic conditions, global conflicts, inflation and other global events on Aeries’ results of operations and global supply chain constraints. Further information on risks, uncertainties and other factors that could affect our financial results are included in Aeries’ periodic and current reports filed with the U.S. Securities and Exchange Commission. Furthermore, Aeries operates in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. Aeries disclaims any intention to, and undertakes no obligation to, update or revise forward-looking statements. Contact [email protected]

Back-to-back deals accelerate growth and reinforce Aeries’ AI-enabled GCC model NEW YORK, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (NASDAQ: AERT), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, said that two recently secured enterprise engagements are expected to drive a combined annualized revenue run-rate above $20 million by March 2026, based on current scope, with further growth anticipated. $8M+ AI deal (Sept. 18): A multi-year partnership with a global marketing and technology company to establish its India footprint and scale AI delivery. The engagement will build production-grade AI systems, intelligent data pipelines, and decisioning tools. $12M+ expansion (Sept. 24): A broadened engagement with a global enterprise client, expected to exceed $12 million annualized run-rate by fiscal year-end as scope expands across AI, technology, finance, and customer support, supported by Aeries’ hubs in India and Mexico. “These back-to-back deals highlight the scalability of our model and the trust we are building with global enterprises,” said Ajay Khare, CEO of Aeries Technology. “We are converting pilots into multi-function, multi-year partnerships and positioning Aeries for sustained, recurring growth.” Earlier this month, Aeries outlined plans to hire 500+ employees across India and Mexico to meet rising client demand. Right Place, Right Time, Right Product Global demand for digital transformation continues to surge, with worldwide spending forecast to approach $4 trillion by 2027 (IDC). Aeries’ AI-enabled GCC model is built for this moment, providing clients the global resources necessary to innovate and transform, and deliver measurable cost savings for sustainable long-term value. About Aeries Technology Aeries Technology (NASDAQ: AERT) is a global leader in AI‑enabled value creation, business transformation, and Global Capability Center (GCC) delivery for private‑equity (PE) portfolio companies, supporting scalable, technology‑driven execution. Founded in 2012, its commitment to workforce development has earned it the Great Place to Work Certification for two consecutive years. Media Contact [email protected] Forward-Looking Statements This press release contains forward-looking statements, including statements regarding product launches, leadership strategy, business expansion plans, initiatives, and operational transformation. These statements are subject to risks and uncertainties as detailed in the Company’s filings with the U.S. Securities and Exchange Commission, which are incorporated herein by reference. Actual results may differ materially. The Company disclaims any obligation to update forward-looking statements except as required by law.”