Quint Digital Limited has formally announced its strategic investment in Lee Enterprises Inc., marking a significant expansion into the US media market. The company filed a regulatory intimation with BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirming the Board of Directors' approval of this definitive stock purchase agreement during a meeting held on December 30, 2025, from 4:00 PM to 4:30 PM IST.

Investment Transaction Details

The investment involves Quint Digital's participation in a private placement offering by Lee Enterprises, a Delaware corporation listed on NASDAQ. The transaction demonstrates the strategic nature of this cross-border partnership:

About Lee Enterprises Inc.

Lee Enterprises Inc. operates as a major subscription and advertising platform, serving as a leading provider of local news and information across the United States. Founded in 1890 and headquartered in Davenport, Iowa, the company has established itself as an industry leader with comprehensive digital and traditional media offerings.

Financial Performance Overview

Lee Enterprises has demonstrated substantial revenue generation in recent years:

Business Operations and Market Presence

The company maintains a strong presence in the media and publishing industry through:

• Daily newspapers and rapidly growing digital products
• Nearly 350 weekly and specialty publications
• Coverage across 72 markets in 25 states
• Full suite of digital marketing services and content management solutions
• Pioneering computer-based newspaper production since 1973

Strategic Investment Framework

The private placement is structured as a strategic investment led by anchor investor David Hoffmann, who has committed approximately $35.00 million. This investment structure includes participation from existing investors alongside Quint Digital Limited. Lee Enterprises plans to utilize the $50.00 million gross proceeds for working capital and general corporate purposes, including payment of customary transaction fees.

Regulatory Compliance and Disclosure

The transaction remains subject to customary closing conditions and stockholder approval. This announcement fulfills disclosure requirements under Regulation 30 of the Securities and Exchange Board of India regulations, with the information made available on Quint Digital Limited's website at www.quintdigital.in . The filing confirms this is not a related party transaction and requires no specific governmental or regulatory approvals for completion.

Quint Digital Media , a prominent digital media company, has issued an urgent warning to investors and the public regarding a sophisticated email scam that misuses the company's name and reputation.

Fraudulent Email Details

The company has reported that malicious actors are sending out fraudulent emails falsely claiming to be from Quint Digital's Board of Directors. These deceptive communications attempt to lure recipients into becoming "signing partners" for a non-existent agreement, potentially exposing them to financial or identity theft risks.

Company's Response

Quint Digital has taken swift action to address this security threat:

1. The company has explicitly stated that it is not a party to any such agreement mentioned in these emails.
2. Quint Digital's technical team has implemented enhanced security protocols and preventive measures immediately upon discovering the incident.
3. A thorough investigation is currently underway to identify the source and extent of the fraudulent activity.
4. The company is executing containment and remediation measures to mitigate any potential risks.

Impact Assessment

Quint Digital has assured stakeholders that this incident has not compromised the company's core systems, data, or operations. This statement aims to alleviate concerns about the potential for broader cybersecurity vulnerabilities within the organization.

Investor Guidance

In light of this incident, investors and stakeholders are advised to:

• Exercise caution when receiving any unexpected communications claiming to be from Quint Digital.
• Verify the authenticity of any requests for personal information or partnership offers directly with the company through official channels.
• Report any suspicious emails or communications to Quint Digital's investor relations department.

Broader Implications

This incident highlights the increasing sophistication of cyber scams targeting corporate entities and their stakeholders. It serves as a reminder for investors and companies alike to remain vigilant against such fraudulent activities that can potentially harm both financial interests and reputational standing.

Quint Digital's prompt disclosure and response to this issue demonstrate the company's commitment to transparency and proactive risk management in the face of evolving cyber threats.

As the investigation continues, Quint Digital has pledged to keep its stakeholders informed of any significant developments related to this security incident.