Interim report
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USFB/CS/SE/2026-27/100 Date: October 16, 2026 To, National Stock Exchange of India Limited Listing Department Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai – 400 051 Symbol: UJJIVANSFB BSE Limited Listing Compliance P.J. Tower, Dalal Street, Fort, Mumbai – 400 001 Scrip Code: 542904 Dear Sir/Madam, Sub: Outcome of the meeting of the Board of Directors held on October 16, 2026– Approval of Financial Results Pursuant to Regulation 30 and 33 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and further to our letter bearing reference number USFB/CS/SE/2026- 27/93 dated October 07, 2026, we hereby inform that, further to the review by the Audit Committee, the Board of Directors of the Bank, in its meeting held today on October 16, 2026, has, inter alia, considered and approved the Unaudited Financial Results of the Bank for the quarter and half-year ended September 30, 2026 along with the Limited Review Report thereon issued by the Joint Statutory Auditors of the Bank, M/s. Deloitte Haskins and Sells and M/s. Abarna and Ananthan. A copy of aforesaid Unaudited Financial Results and Limited Review Report thereon are enclosed herewith. The press release and the investor presentation on financial and business performance of the Bank will be submitted through a separate announcement. The meeting of the Board of Directors commenced a t 11:00 A.M. and the agenda item relating to the financial results was approved at 01:35 P.M. This intimation shall also be available on the Bank’s website at www.ujjivansfb.bank.in. We request you to take note of the above. Thanking You, Yours faithfully, For UJJIVAN SMALL FINANCE BANK LIMITED Sanjeev Barnwal Company Secretary & Head of Regulatory Framework Encl: as mentioned above
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Deloitte Haskins & Sells 19th Floor, Shapath-V S.G. Highway Ahmedabad 380 015 Gujarat, India Tel: +91 79 6682 7300 Fax: +91 79 6682 7400 Abarna & Ananthan Chartered Accountants 521, 3rd Main Rd, 2nd Phase, 6th Block, Banashankari 3rd Stage, Bengaluru, Karnataka 560085 and half year ended September 30, 2026 of Ujjivan Small Finance Bank Limited pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. To The Board of Directors of Ujjivan Small Finance Bank Limited 1. We have reviewed the accompanying Statement of unaudited financial results of Ujjivan Small Finance Bank Limited and half year ended September 30, 2026 requirement of Regulation 33 of the Securities and Exchange Board of India (Listing . We have initialled the Statement for identification purposes only. 2. the Board of Directors, has been prepared in accordance with the recognition and relevant rules issued thereunder, in so far as they apply to Banks, the relevant provisions of the Banking Regulation Act, 1949, the circulars, guidelines and directions issued by the principles generally accepted in India, and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review India. A review of interim financial information consists of making inquiries, primarily of analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in AS 25 prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder, in so far as they apply to Banks, the RBI Guidelines and other accounting
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Deloitte Haskins & Sells 19th Floor, Shapath-V S.G. Highway Ahmedabad 380 015 Gujarat, India Tel: +91 79 6682 7300 Fax: +91 79 6682 7400 Abarna & Ananthan Chartered Accountants 521, 3rd Main Rd, 2nd Phase, 6th Block, Banashankari 3rd Stage, Bengaluru, Karnataka 560085 principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed or that it contains any material misstatement or that it has not been prepared in accordance with the relevant prudential norms issued by the Reserve and other related matters. For Deloitte Haskins & Sells Chartered Accountants (Firm Registration No. 117365W) G. K. Subramaniam Partner Membership No. 109839 UDIN: 26109839HLEXAS9360 Place: Mumbai Date: October 16, 2026 For Abarna & Ananthan Chartered Accountants (Firm Registration No. 000003S) R. Natarajan Partner Membership No. 035898 UDIN: 26035898UCFQPW4937 Place: Bengaluru Date: October 16, 2026
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UJJIVAN SMALL FINANCE BANK LIMITED CIN:165110KA2016PLC142162 Registered and Corporate Office: Grape Garden, No. 27, 3rd "A" Cross, 18th Main, 6th Block, Koramangala, Bengaluru - 560095, Karnataka Website: www.tdlivansfb.in Phone: +91 80 4071 2121 Statement of Unaudited Financial Results for the quarter and half year ended September 30, 2026 (Rs. In Lakh) Quarter ended Half year ended Year ended SI No. Particulars September 30, June 30, September 30, September 30, September 30, March 31, 2026 2026 2025 2026 2025 2026 (Unaudited) (Unaudded) (Unaudited) (Unaudded) (Unaudited) (Audited) 1 Interest earned (a)+(b)+(c)+(d) 2,15,336 2,02,492 1,68,231 4,17,828 3,30,115 6,93,145 a) Interest{ discount on advances{ bills 1,91,488 1,79,211 1,47,270 3,70,699 2,87,154 6,07,747 b) Income on Investments 22,393 22,217 20,301 44,610 41,487 83,033 c) Interest on balances with Reserve Bank of India and other Interbank funds 1,299 890 457 2,189 1,056 1,600 d) Others 156 174 203 330 418 765 2 Other income (Refer note 7) 29,558 25,601 25,635 55,159 50,534 1,10,752 3 Total income (1)+(2) 2,44,894 2,28,093 1,93,866 4,72,987 3,80,649 8,03,897 4 Interest expended 90,495 83,757 76,063 1,74,252 1,52,352 3,06,045 5 Operating expenses (i)+(ii) 95,030 89,530 78,279 1,84,560 1,52,725 3,26,839 (i) Employees cost 51,228 50,356 43,546 1,01,584 84,721 1,79,097 (II) Other operating expenses 43,802 39,174 34,733 82,976 68,004 1,47,742 6 Total expenditure (4)+(5) [excluding provisions and contingencies] 1,85,525 1,73,287 1,54,342 3,58,812 3,05,077 6,32,884 7 Operating profit before provisions and contingencies (3)-(6) 59,369 54,806 39,524 1,14,175 75,572 1,71,013 8 Provisions (other than tax) and contingencies (Refer note 9) 10,297 12,732 23,496 23,029 45,990 79,910 9 Exceptional items • - - • - • 10 Profit from ordinary activities before tax (7)-(8)-(9) 49,072 42,074 16,028 91,146 29,582 91,103 11 Tax expense 12,567 10,420 3,856 22,987 7,088 21,840 12 Net profit from ordinary activities after tax (10)-(11) 36,505 31,654 12,172 68,159 22,494 69,263 13 Extraordinary items (net of tax expense) - . . - - - 14 Net profit for the period/ year (12)-(13) 36,505 31,654 12,172 68,159 22,494 69,263 15 Paid up equity share capital (Face value of Rs. 10/- each) 1,95,106 1,94,526 1,93,715 1,95,106 1,93,715 1,94,271 16 Reserves excluding revaluation reserves 4,87,296 17 Analytical ratios and other disclosure (I) Percentage of shares held by Government of India NIL NIL NIL NIL NIL NIL (II) Capital Adequacy Ratio (Refer note 8) 20.69% 20.36% 21.36% 20.69% 21.36% 21.14% (Iii) Earnings per share (before and after extraordinary items, net of tax expenses) (Face value of Rs. 10/- each) 2 Basic EP5 (Rs) 1,87 1.63 0.63 3.50 1.16 3.57 Diluted EPS (Rs) 1.8.4 1.60 0.62 3.44 1.15 3.51 (iv) NPA Ratios (a) Gross NPAs 95,510 92,365 84,311 95,510 84,311 91,671 (b) Net NPAs 14,035 14,166 22,500 14,035 22,500 17,044 (c) % of Gross NPAs to Gross advances 2.10% 2.16% 2.45% 2.10% 2.45% 2.26% (d) % of Net NPAs to Net advances' 0.31% 0.34% 0.67% 0.31% 0.67% 0.43% (v) Return on assets (average)2 0.59% 0.53% 0.25% 1.12% 0.47% 1.37% (vI) Debt- equity ratio 0.28 0.26 0.26 0.28 0.26 0.28 (vii) Total debt to total assets' 4.83% 6.27% 5.97% 4.83% 5.97% 6.49% (viii) Net worth 7,53,191 7,14,426 6,32,320 7,53,191 6,32,320 6,81,568 1 Refer note 9 2 Figures for the quarter/ half year ended are not annualised. 3 Total debt represents total borrowings of the Bank. Total assets as per Balance sheet. o E. N/14, mP c FR 0 0* 000003S BANGALORE ":" lit 0 ACCT 4, CHAWRED O— ACCOVANTS co x‘p.SK/4,4, 9°
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UDIVAN SMALL FINANCE BANK LIMITED CIN: L65110K42016PLC142162 Registered and Corporate Office: Grape Garden, No. 27, 3rd "A" Cross, 18th Main, 6th Block, Koramangala, Bengaluru - 560095, Karnataka Webslte: www.ufilvansfb.ln Phone: +91 80 0071 2121 Segment information In accordance with the RBI guidelines and Accounting Standard on Segment Reporting (AS-17) of the operating segment of the Bank Is as under: (Rs. In Lakh) Quarter ended Half year ended Year ended SI No. Particulars September 30, June 30, September 30, September 30, September 30, March 31, 2026 2026 2025 2026 2025 2026 (Unauditedl (unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1 Segment revenue (a) Treasury 25,073 23,737 23,251 48,810 50,070 93,608 (b) Retail banking 2,12,621 1,98,010 1,65,192 4,10,631 3,19,164 6,87,696 (c) Wholesale banking 7,200 6,346 5,423 13,546 11,415 22,593 (d) Unallocated - - • - - - Less: Inter-segment revenue - - • • - - Total income 2,44,894 2,28,093 1,93,866 4,72,987 3,80,649 8,03,897 2 Segment results (a) Treasury 2,182 1,656 3,230 3,838 9,085 12,839 (b) Retail banking 48,100 41,378 9,132 89,478 17,818 71,259 (c) Wholesale banking 215 684 4,984 899 5,414 12,541 (d) Unallocated (1,425) (1,644) (1,318) (3,069) (2,735) (5,536) Total profit before tax 49,072 42,074 16,028 91,146 29,582 91,103 3 Segment assets (a) Treasury 16,08,462 16,93,348 14,22,480 15,08,462 14,22,480 16,12,761 (5) Retail banking 42,70,098 40,20,451 32,59,314 42,70,098 32,59,314 38,16,586 (c) Wholesale banking 3,58,099 3,26,553 2,47,245 3,58,099 2,47,245 2,98,888 (d) Unallocated 26,870 25,370 32,354 26,870 32,354 25,886 Total assets 62,63,529 60,65,722 49,61,393 62,63,529 49,61,393 57,54,121 4 Segment liabilities (a) Treasury 14,15,044 14,93,904 12,41,188 14,15,044 12,41,188 14,21,731 (b) Retail banking 37,56,618 35,46,919 28,43,920 37,56,618 28,43,920 33,64,517 (c) Wholesale banking 3,15,037 2,88,091 2,15,734 3,15,037 2,15,734 2,63,485 (d) Unallocated 23,639 22,382 28,231 23,639 28,231 22,820 Total liabilities 55,10,338 53,51,296 43,29,073 55,10,338 43,29,073 50,72,553 5 Capital employed (a) Treasury 1,93,418 1,99,443 1,81,292 1,93,418 1,81,292 1,91,030 (b) Retail banking 5,13,480 4,73,533 4,15,394 5,13,480 4,15,394 4,52,069 (c) Wholesale banking 43,062 38,462 31,511 43,062 31,511 35,403 (d) Unallocated 3,231 2,988 4,123 3,231 4,123 3,066 Total 7,53,191 7,14,426 6,32,320 7,53,191 6,32,320 6,81,568 Business Segments have been identified and reported taking into account the target customer profile, the nature of products and services, the differing risks and returns, the organisation structure and guidelines prescribed by the RBI and in compliance with the Accounting Standard 17 - "Segment Reporting". The business operations of the Bank are in India and for the purpose of segment reporting as per Accounting Standard -17 (Segment reporting) the Bank is considered to operate only in domestic segment. A) Treasury: The Treasury Segment primarily consists of net interest earnings from the Bank's Investment portfolio, money market borrowing and lending, gains or losses on Investment operations/ foreign exchange trading and a portion of income/loss from sale/purchase of Priority Sector Lending Certificates ("PSLC"). B) Retail Banking: The Retail Banking Segment serves retail customers through a branch network and other delivery channels. Retail Banking includes lending to and deposits from retail customers and identified earnings and expenses of the segment. This segment raises deposits from customers and provides loans and other services to customers. Revenues of the Retail Banking Segment are derived from interest earned on retail loans, processing fees earned, other related incomes and a portion of income/loss from sale/purchase of Priority Sector Lending Certificates ("PSLC"). Expenses of this segment primarily comprises of interest expense on deposits and borrowings, infrastructure and premises expenses for operating the branch network and other delivery channels, personnel costs, other direct overheads and allocated expenses. C) Wholesale Banking: The Wholesale Banking Segment provides loans to Corporates and Financial Institutions. Revenues of the Wholesale Banking Segment consist of interest earned on loans made to customers. The principal expenses of the segment consist of interest expense on funds borrowed from external sources and other internal segments, premises expenses, personnel costs, other direct overheads and allocated expenses of delivery channels, specialist product groups, processing units and support groups. AN, F 000003S .its, BANGALORE; 15/. ACC°\). CHAVED ACC ANTS Co
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Notes: 1) Statement of Assets and Liabilities as at September 30, 2026 Is given below: (Rs. In Lakh) Particulars As at September 30, 2026 (Unaudited) As at September 30, 2025 (Unaudited) As at March 31, 2026 (Audited) CAPITAL AND LIABILITIES Capital 1,95,106 1,93,715 1,94,271 Employees stock options outstanding 9,472 9,266 9,738 Reserves and surplus 5,48,613 4,29,339 4,77,559 Deposits 50,64,301 39,21,091 45,66,833 Borrowings 3,02,553 2,96,167 3,73,601 Other liabilities and provisions 1,43,484 1,11,815 1,32,119 Total 62,63,529 49,61,393 57,54,121 ASSETS Cash and balances with Reserve Bank of India 2,91,101 2,37,380 3,10,967 Balances with Banks and money at call and short notice 7,084 31,213 33,400 Investments 13,12,576 11,60,348 12,72,425 Advances 44,75,326 33,80,759 39,76,055 Fixed assets 53,443 48,991 49,307 Other assets 1,23,999 1,02,702 1,11,967 Total _ 62,63.529 49,61,393 57,54,121 2) Statement of Cashflow as at September 30, 2026 is given below: Rs. In Lakh Particulars For the period ended September 30, 2026 (Unaudited) For the period ended September 30, 2025 (Unaudited) For the year ended March 31, 2026 (Audited) Cash Flow from Operating Activities Profit before tax 91,146 29,582 91,103 Adjustments for : Depreciation on Bank's Property 8,014 7,037 14,464 (Profit)/Loss on sale of Land, Building & Other assets (net) (3) (7) 104 Expense on employee stock option 973 893 1,905 Provision for Non Performing Assets ( incl. loans written off) 20,398 44,889 76,022 Provision for Standard Assets 2,628 1,097 3,867 Other provisions and contingencies 4 - (Profit)/Loss on Revaluation of Investments (net) (114) (2,786) 279 (Profit)/Loss en sale of Investments other than HTM securities (1,167) (1,864) (4,248) Amortisation of premium on investments 2.075 1,844 3,553 Operating Profit before working capital changes 1,23,954 80,685 1,87,049 Adjustments for : Decrease/(Increase) In Advances (5,19,669) (2,86,647) (9,13,076) Decrease/(Increase) in Investments in other than HTM securities 28,544 1,45,179 1,30,862 Decrease/fincrease) in Other assets (13,650) (5,713) (7,795) (Decrease)/Increase In Deposits 4,97,467 1,58,043 8,03,785 (Decrease)/Increase in Other liabilities and provisions 12.243 (2,272) 15,261 Cash Flow from Operating Activities 1,28,889 89,275 2,16,086 Direct taxes paid (net of refunds) (24,877) (9,832) (31,766) Net Cash Flow generated from Operating Activities (A) 1,04,012 79.443 1,84,320 Cash Flow from Investing Activities Proceeds from sale of Fixed assets 133 82 174 Investment In HTM securities (net) (69,488) (1,29,734) (2,29,883) Deposits (created)/encashed with Banks and financial institutions (net) (23,750) - Purchase of Fixed Assets including Capital work in progress (12,281) (10,413) (18,358) Net Cash Flow used In Investing Activities (8) (81,636) (1,63,815) (2,48,057) Cash Flow from Financing Activities Proceeds from issue of equity shares 2,490 605 2,070 Increase/(Decrease) in Borrowings (net) (71,049) 11,630 89.065 Net Cash Flow generated from Financing Activities (C) (68,559) 12,235 91,135 Net Increase/(Decrease) In Cash and Cash Equivalents (44B,C) (46,183) (72.137) 27,388 Cash and Cash Equivalents at the beginning of the year 3,43,085 3,15,697 3,15,697 Cash and Cash Equivalents at the end of the year • 2,96,902 2,43,560 3,43,085 * Exclusive of Fixed Deposits under Llen of Rs. 1,283 (in lakh) as at September 30, 2026, Rs.25,033 (in lakh) as at September 30, 2025 and Rs.1,283 (in lakh) as at March 31, 2026. 'C. 0 vp F,ris ED ACC FR I No 000003S BANGALORE ,(\ p,SK/ 4/ F- A( NTS CO 4 7.1 .111 a/ 7O 6
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Notes : 3) The above financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on October 16, 2026. The financial results for the quarter and half year ended September 30, 2026, were subjected to a limited review by the Joint Statutory Auditors (Deloitte Haskins & Sells, Chartered Accountants and Abarna & Ananthan, Chartered Accountants) who have issued an unmodified report thereon. 4) The Bank has applied its significant accounting policies in the preparation of these financial results consistent with those followed in the annual financial statement for the year ended March 31, 2026, except for accounting of forfeiture of vested options, which have been transferred to General Reserve instead of through the profit and loss account. The same does not have a material impact on the financial results. 5) The above financial results have been prepared in accordance with the recognition and measurement principles laid down in the applicable Accounting Standard ("Accounting standards") prescribed under Section 133 of the Companies Act, 2013 (the "Act"), in so far as they apply to the Banks, the relevant provisions of the Banking Regulation Act, 1949 and the circulars, the guidelines and directions issued by the Reserve Bank of India ("RBI") from time to time (the "RBI Regulations") and other accounting principles generally accepted in India and the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 6) As at September 30, 2026, the Bank has granted 17,78,22,813 options under the approved Employee Stock Option Plan (ESOP) 2019. Out of the same, 6,21,47,586 options was cancelled, 2,58,63,540 options was exercised, 4,58,91,879 options had vested and are yet to be exercised and 4,39,19,808 options remains unvested. During the half year ended September 30, 2026, the Bank has allotted 83,41,928 equity shares pursuant to the exercise of stock options under the approved Employee Stock Option Plan (ESOP) 2019. 7) Other income includes processing fees, profit/(loss) on sale of investments, profit/(loss) on revaluation of investments, non-fund based income such as commission earned from guarantees, selling of third party products, recovery from loans written off, income from dealing in PSLC, foreign exchange income, etc. 8) The Capital Adequacy Ratio ("CAR") has been computed as per the RBI Circular No.RBI/DOR/2025-26/182 DOR.CAP.REC.101/21-01-002/2025-26 (Reserve Bank of India (Small Finance Banks — Prudential Norms on Capital Adequacy) Directions, 2025) dated November 28, 2025 as amended from time to time. 9) As at September 30, 2026 the Bank carries a floating provision of Rs. 18,067 lakh, of which Rs. 13,000 lakh is used for calculation of net NPA and provision coverage ratio. Also, Rs. 3,000 lakh is considered as Tier II capital and Rs. 2,067 lakh is unutilized. Had the Bank reckoned the remaining Rs. 2,067 lakh for calculating the Net NPA, the Net NPA would be 0.27% and the Provision Coverage Ratio would increase from 85.31% to 87.47% as at September 30, 2026. (!)' • F. 0 • 000003S ti▪ BANGALORE Ac O J 4./ CH. TERED - ACC NTS rj Ji
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10) Details of resolution plan implemented under the Resolution Framework for COVID-19-related Stress as per RBI circulars dated August 06, 2020 (Resolution Framework 1.0) and May 05, 2021 (Resolution Framework 2.0) is given below: (Rs. in Lakh) Type of borrower Exposure to accounts classified as Standard consequent to implementation of resolution plan— Position as at the end of the previous half- year, i.e., March 31, 2026 (A) Of (A), aggregate debt that slipped into NPA during the half- year ended September 30, 2026 Of (A) amount written off during the half-year ended September 30, 2026 Of (A) amount paid by the borrowers during the half- year ended September 30, 2026 Exposure to accounts classified as Standard consequent to implementation of resolution plan — Position as at the end of this half-year, i.e., September 30, 2026 Personal Loans 1,102 205 - 118 780 Corporate persons* - Of which MSMEs - - Others 483 186 1 75 222 Total 1,585 391 1 193 1,002 * As defined in Section 3(7) of the Insolvency and Bankruptcy Code, 2016 11) Details of loans not in default and stressed loans acquired and transferred during the quarter and half year ended September 30, 2026 as per the Master Direction RBI (Small Finance Banks — Transfer and Distribution of Credit Risk) Directions, 2025, dated November 28, 2025 and as amended from time to time, are given below: a) During the quarter and half year ended September 30, 2026, the Bank has not acquired/transferred any "Loans not in default" through assignment of Loans. b) During the quarter and half year ended September 30, 2026, the Bank has not acquired/transferred any Stressed Loans (Non Performing Asset and Special mention account). c) Details of Security Receipts (SRs) outstanding as on September 30, 2026 are given below: (Rs. in Lakh) Ratings Rating agency Recovery Rating Gross Value of Outstanding SRs* RR1 India Ratings 150% 2 Total 2 * The same has been fully provided for in the books. 12) As per the Master Direction RBI (Small Finance Banks - Financial Statements: Presentation and Disclosures) Directions, 2025, dated November 28, 2025 as amended from time to time, for the purpose of disclosure under Accounting Standard 17, Segment reporting, 'Digital Banking' has been identified as a sub-segment under Retail Banking by Reserve Bank of India (RBI). However, as the proposed Digital Banking Unit (DBU) of the Bank has not yet formulated and having regard to the discussions of the DBU Working Group formed by Indian Banks' Association (IBA) (which include representatives of the Bank and the RBI), held on July 14, 2022, reporting of Digital Banking as a separate sub- segment of Retail Banking Segment will be implemented by the Bank based on the decision of the DBU Working Group. 13) The Bank does not have any exposure to Project Finance, hence the disclosure as per 'Reserve Bank of India (Small Finance Banks - Financial Statements: Presentation and Disclosures) Directions, 2025' dated November 28, 2025 and as amended from time to time, on Project Finance is not applicable for the period ended September 30, 2026. 14) Figures of the previous periods/year have been regrouped/reclassified, wherever considered necessary to conform to the current year's presentation. By order of the Board Small Finance Bank Limited a Bengaluru October 16, 2026 vc F * * 000oo s * I-- c's BANGALORE z iZr. 9 Pi . A'Elo AC CHAVERED ACCPRTANTS co C co teri cP Furtado d Whole-Time Director DIN: 07587305