MUTUAL NONDISCLOSURE AGREEMENT

This Nondisclosure Agreement (“NDA”) is made by and between Ray Business Technologies Pvt. Ltd.,
(herein after referred to as “RBT”), having its principal place of business at Plot No. 204, Block B, Kavuri
Hills, Madhapur, Hyderabad - 500 033 Telangana, India and Ahex Technologies Private Limited, (herein
after referred to as “Partner”), having its principal place of business at P.No-1367 to 1370, 100 ft road, VIP
Hills, Silicon Valley, Madhapur, Hyderabad - 500081, Telangana India.. This NDA is effective as of the later
of the dates below and governs all disclosures of the subject matter herein described made since that date
until this NDA is terminated as provided herein.

In consideration of the promises and covenants of this NDA, the parties agree as follows:

1. It is acknowledged that each party hereto desires to furnish to the other party certain
information that the party furnishing such information regards as proprietary, including any third
party confidential and proprietary information rightfully in the possession of either party.
Hereinafter such information is referred to as “Confidential Information”.

Confidential Information may be furnished in any tangible or intangible form, including

but not limited to writings, drawings, computer files, other electronic media, and verbal
communications. Any Confidential Information furnished in tangible form shall be conspicuously
marked as such and the content of any verbal communication will be reduced to a writing which
identifies the Confidential Information for the record within 30 days of the disclosure of the
Confidential Information with a copy of such writing furnished within such time period to the
party receiving such Confidential Information.

2. All Confidential Information furnished pursuant to this NDA is done solely for the
purpose of evaluation and study. No other right, license or authorization to use is granted and
each party agrees to be so limited with respect to all Confidential Information hereby received.
In addition, neither party makes any warranty as to the accuracy of any Confidential Information.

3. Each party agrees that it will restrict the access of all Confidential Information to only
those of its employees or agents who have a need to be informed of the Confidential Information
solely for the purposes stated in Section 2 of this NDA. No Confidential Information shall be
disclosed to any third parties or non-employees without written consent.

Page 1
 4. The obligations of confidentiality and limitations of use shall continue beyond the
termination of this NDA. Neither party shall be liable for any disclosure of Confidential
Information or further restriction on use where:
I. The same information was in public domain at the time it was disclosed or later
comes within the public domain, except through the acts or omissions of the
receiving party; or
II. The same information was known to the receiving party at the time of its
disclosure as evidence by business records of the receiving party; or
III. The same information is approved for the release by written authorization of the
disclosing party; or
IV. The same information becomes known to the receiving party from a source other
than the disclosing party or any of its employees, without breach of this NDA by
the receiving party; or
V. The same information is disclosed to third parties by disclosing party without
restriction; or
VI. The same information is independently developed by the receiving party by
persons who have no access to the Confidential Information; or
VII. More than Two (2) years has elapsed from the date of disclosure of the
Confidential Information to the receiving party.

5. Upon request by the disclosing party, all items containing Confidential Information
shall be returned to the disclosing party or destroyed.

6. Both Parties agree and stipulate that any cause of legal action arising from the
relationship between the RBT and the partner including but not limited to the interpretation and
enforcement of this Agreement shall be construed in accordance with the laws in India. The RBT
and the partner hereby unconditionally stipulate to the exclusive jurisdiction of Hyderabad
courts. In addition, it is acknowledged and agreed that since a breach of the obligations of this
NDA is likely to cause irreparable harm to the disclosing party and that money damages alone
would be inadequate as a remedy for a breach of such obligations, the receiving party agrees that
it will not object to the disclosing party seeking injunctive relief in the event of such breach. In
the event either party seeks injunctive relief of any provision of this NDA, the party against whom
such relief is sought agrees to waive and hereby does waive any requirement that the party
seeking the injunctive relief post a bond or any other security.

7. Non-Solicitation and Non-Hire: The Partner and the RBT agree not to hire or solicit any
employee of the Other Party during the term of this Agreement and for a period of

Page 2
two years thereafter. During the Period of the engagement and for the two year period following
the Date of Termination of the agreement, the partner agrees to not to make public statements
or communications that disparage the RBT, its business, services, products or its affiliates or its
or their current, former or future directors or executive officers (in their capacity as such), or
with respect to any current or former director or executive officer or shareholder of the RBT or
its affiliates (in their capacity as such). This agreement prohibits you to post or communicate any
negative statements, reviews, comments, or feedback, whether written or oral, for the period of
24 months from the date of completion.

8. This NDA is the final, entire, and exclusive agreement between the parties with respect
to its subject matter. No modification or waiver of any provision of this NDA shall be effective
unless in writing and signed by both parties. The provisions of this NDA, which by their nature
have effect beyond the termination or expiration of the NDA, shall survive its termination or
expiration.

This NDA has been signed by the duly authorized representatives’ parties hereto in
identical counterparts, all of which compromise but one agreement on the subject matter hereof.

Ray Business Technologies Pvt. Ltd. Ahex Technologies Private Limited

Name: Mohsin Khan Name: SanjayVerma

Title: Sr. Manager Strategic Alliance Title: CFO
Date: 17th April 2024 Date:17April2024

Page 3