AvenuesAI Limited

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INFIBEAMfM AVENUES January 31, 2022 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai• 400 001 National Stock Exchange of India Limited Exchange Plaza, Ba

INR 75,430

pshot – Q3 FY22 Total TPV Gross Revenue Net Revenue (NR) Net Take Rate ➢ Gross Revenue Review INR 75,430 cr * $ 10.2 bn 17 % QoQ 90 % YoY INR 397 cr $ 53.3 mn 28 % QoQ 74 % YoY INR 70 cr $ 9.4 mn 14 %

17 %

Gross Revenue Net Revenue (NR) Net Take Rate ➢ Gross Revenue Review INR 75,430 cr * $ 10.2 bn 17 % QoQ 90 % YoY INR 397 cr $ 53.3 mn 28 % QoQ 74 % YoY INR 70 cr $ 9.4 mn 14 % QoQ 15 % YoY EBITD

90 %

venue Net Revenue (NR) Net Take Rate ➢ Gross Revenue Review INR 75,430 cr * $ 10.2 bn 17 % QoQ 90 % YoY INR 397 cr $ 53.3 mn 28 % QoQ 74 % YoY INR 70 cr $ 9.4 mn 14 % QoQ 15 % YoY EBITDA INR 38

INR 397

Revenue (NR) Net Take Rate ➢ Gross Revenue Review INR 75,430 cr * $ 10.2 bn 17 % QoQ 90 % YoY INR 397 cr $ 53.3 mn 28 % QoQ 74 % YoY INR 70 cr $ 9.4 mn 14 % QoQ 15 % YoY EBITDA INR 38 cr $ 5.1 mn

28 %

e Rate ➢ Gross Revenue Review INR 75,430 cr * $ 10.2 bn 17 % QoQ 90 % YoY INR 397 cr $ 53.3 mn 28 % QoQ 74 % YoY INR 70 cr $ 9.4 mn 14 % QoQ 15 % YoY EBITDA INR 38 cr $ 5.1 mn 10 % QoQ -5 % YoY

74 %

Gross Revenue Review INR 75,430 cr * $ 10.2 bn 17 % QoQ 90 % YoY INR 397 cr $ 53.3 mn 28 % QoQ 74 % YoY INR 70 cr $ 9.4 mn 14 % QoQ 15 % YoY EBITDA INR 38 cr $ 5.1 mn 10 % QoQ -5 % YoY PAT INR

INR 70

enue Review INR 75,430 cr * $ 10.2 bn 17 % QoQ 90 % YoY INR 397 cr $ 53.3 mn 28 % QoQ 74 % YoY INR 70 cr $ 9.4 mn 14 % QoQ 15 % YoY EBITDA INR 38 cr $ 5.1 mn 10 % QoQ -5 % YoY PAT INR 24 cr $ 3.2

14 %

430 cr * $ 10.2 bn 17 % QoQ 90 % YoY INR 397 cr $ 53.3 mn 28 % QoQ 74 % YoY INR 70 cr $ 9.4 mn 14 % QoQ 15 % YoY EBITDA INR 38 cr $ 5.1 mn 10 % QoQ -5 % YoY PAT INR 24 cr $ 3.2 mn 35 % QoQ 89 %

15 %

$ 10.2 bn 17 % QoQ 90 % YoY INR 397 cr $ 53.3 mn 28 % QoQ 74 % YoY INR 70 cr $ 9.4 mn 14 % QoQ 15 % YoY EBITDA INR 38 cr $ 5.1 mn 10 % QoQ -5 % YoY PAT INR 24 cr $ 3.2 mn 35 % QoQ 89 % YoY 6.2

INR 38

Q 90 % YoY INR 397 cr $ 53.3 mn 28 % QoQ 74 % YoY INR 70 cr $ 9.4 mn 14 % QoQ 15 % YoY EBITDA INR 38 cr $ 5.1 mn 10 % QoQ -5 % YoY PAT INR 24 cr $ 3.2 mn 35 % QoQ 89 % YoY 6.2 bps 6.0 bps in Q2’2

10 %

cr $ 53.3 mn 28 % QoQ 74 % YoY INR 70 cr $ 9.4 mn 14 % QoQ 15 % YoY EBITDA INR 38 cr $ 5.1 mn 10 % QoQ -5 % YoY PAT INR 24 cr $ 3.2 mn 35 % QoQ 89 % YoY 6.2 bps 6.0 bps in Q2’22 ▪ Increasing

“mn 4,927 18,158 30,364 5 year CAGR % 58% 30% 13% Avg monthly Digital Payments Vol.”

CPGS growth drivers

1

CPGS growth drivers

➢ High volume ➢ Per transaction fee; No pass thru ➢ Assured growth; as digital transactions increase ➢ No PG required ➢ Geography agnostic; international focus ➢ Controlled from India; cost advantage International focus; revenue and profitability driver 22 BillAvenue (Bill Payments thru Bharat BillPay System) Steep growth in bill payments business Bill Payments Volume (in nos. mn) ➢ Built on the BBPS1 infrastructure, BillAvenue is a unified, 61 interoperable, online payments platform for Indian citizens ➢ Among select non-bank private players licensed by the RBI to operate as a BBPOU2 25 4 8 ➢ Exclusive processors for IOCL, BPCL & HPCL for LPG cylinders ➢ 90%+ market share of total billers on BBPS as of Dec 2021. We are a TSP to majority of them. ➢ Annualised run-rate run-rate: 93 mn ➢ In India, 20+ mn bills3 get generated everyday; there are 1+ mn FY19 FY20 FY21 9m22 billers across the country ➢ Repeat business4: 100% 350+ Agent Institution 800,000 Agents 2,600 Indian cities & towns 1