FRACTAL ANALYTICS LIMITED

IPO Objectives

1. Investment in one of our Subsidiaries, Fractal USA, for pre-payment and/ or scheduled repayment, in full or in part, of its borrowings;

2. Purchase of laptops;

3. Setting-up new office premises in India;

4. Investment in (a) research and development; and (b) sales and marketing under Fractal Alpha; and

5. Funding inorganic growth through unidentified acquisitions and other strategic initiatives, and generalcorporate purposes