Angel One Limited

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ra (East), Mumbai - 400 051. Department of Corporate Service BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001. Symbol: ANGELONE Scrip Code: 543235 Dear Sir/ Madam, Sub: I

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egn. No.-19092018. Q4 ‘23 Investor Presentation 5x Growth in Net Revenue Over Last 3 Years 8x 10x Growth in Profits Over Last 3 Years 3-Yr

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Q4 ‘23 Investor Presentation 5x Growth in Net Revenue Over Last 3 Years 8x 10x Growth in Profits Over Last 3 Years 3-Yr Revenue / CoA at present, indicating strong

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Q4 ‘23 Investor Presentation 5x Growth in Net Revenue Over Last 3 Years 8x 10x Growth in Profits Over Last 3 Years 3-Yr Revenue / CoA at present, indicating strong annu

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ation 5x Growth in Net Revenue Over Last 3 Years 8x 10x Growth in Profits Over Last 3 Years 3-Yr Revenue / CoA at present, indicating strong annuity build-up 8x Growth in Client Base

8x

ofits Over Last 3 Years 3-Yr Revenue / CoA at present, indicating strong annuity build-up 8x Growth in Client Base Over Last 3 Years 100% Successful transition to Super App achiev

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oA at present, indicating strong annuity build-up 8x Growth in Client Base Over Last 3 Years 100% Successful transition to Super App achieved in Q4 ‘23 All the above data is rounded off. D

23 %

Financial Overview About Us Annexures 3 Financial Performance (₹ Mn) Net Revenue EBDAT Q4 '23 % Change QoQ % Change YoY FY23 % Change YoY 6,442 12.0% 26.9% 22,909 36.8% 3,705 19.6%

12.0%

ance (₹ Mn) Net Revenue EBDAT Q4 '23 % Change QoQ % Change YoY FY23 % Change YoY 6,442 12.0% 26.9% 22,909 36.8% 3,705 19.6% 32.6% 12,221 42.9% EBDAT Margin (%) 57.5% 363 bps 245 bp

26.9%

₹ Mn) Net Revenue EBDAT Q4 '23 % Change QoQ % Change YoY FY23 % Change YoY 6,442 12.0% 26.9% 22,909 36.8% 3,705 19.6% 32.6% 12,221 42.9% EBDAT Margin (%) 57.5% 363 bps 245 bps 53.3

36.8%

nue EBDAT Q4 '23 % Change QoQ % Change YoY FY23 % Change YoY 6,442 12.0% 26.9% 22,909 36.8% 3,705 19.6% 32.6% 12,221 42.9% EBDAT Margin (%) 57.5% 363 bps 245 bps 53.3% 227 bps Pro

19.6%

'23 % Change QoQ % Change YoY FY23 % Change YoY 6,442 12.0% 26.9% 22,909 36.8% 3,705 19.6% 32.6% 12,221 42.9% EBDAT Margin (%) 57.5% 363 bps 245 bps 53.3% 227 bps Profit After Tax

“Mgnt; Credit, Debt, Equity; Project Fin.; Business Strategy Former Exec.Dir & CIO UTI AMC, MD & CEO UTI International, Singapore, Dir.”

Cumulative

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Impact

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Investor Relations Advisors

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Cumulative

1.7x Growth Top 5 Digital Brokers: 2.2x Growth % Share of Top 5 Digital Brokers in Cumulative NSE Active Client Base Mar '21 Jun '21 Sep '21 Dec '21 Mar '22 Jun '22 Sep '22 Dec '22 Mar '23 47% 52% 54% 56% 58% 58% 59% 59% 60% 16 Source: NSE * Top 5 Digital Brokers based on NSE Active Client as of Mar’23. Historical data mapped for these Top 5 Digital brokers Regulations Have Strengthened Guardrails And Built Retail Confidence Recently Introduced Regulations Up-streaming Of Client Funds • Up-streaming of client funds to Clearing Corporations (CCs), to be implemented in two phases, from 1st July 2023 • Funds can be up-streamed in the form of: • Bank transfer of balances lying in the client denominated bank account • Converted into Fixed Deposits and then lien-marked to the CCs • Converted into units of Mutual Fund Overnight Schemes and then pledged to CCs

Impact

• Margin requirements emanating from our own funds is expected to be higher, resulting in incremental borrowings to fund the aforesaid • Incremental cost of such additional fund requirements estimated at approximately Rs 400 million for 9M FY24 Positive Impact Of Historical Regulatory Changes ASBA • While ASBA is likely to be implemented over time, its impact is difficult to estimate since its contours are not defined Growth 1.4x Demat | 2.2x ADTO Phase 1 of peak margin norms Phase 2 of peak margin norms Phase 3 of peak margin norms Phase 4 of peak margin norms 48.6 49.8 14.1 13.9 55.1 18.2 62.2 20.0 70.2 30.8 Margin segregation 94.8 44.2 Growth 1.2x Demat | 2.0x ADTO Quarterly payout of client funds 104.4 62.8 110.5 114.5 76.6 86.2 Nov-20 Mar-21 Jul-21 Nov-21 Mar-22 Jul-22 Nov-22 Mar-23 17 Demat Accounts (Mn) Retail Cash + F&O Turnover (Rs Trn) Growth In Trade Volumes De-linked To Market Cycles Consistent Improvement In NSE Trade Volumes Despite Market Volatility Over Last 16 Years FY

Investor Relations Advisors

Angel One Ltd. (Formerly Known as Angel Broking Limited) CIN – L67120MH1996PLC101709 Mr. Hitul Gutka – Head IR Email Id – hitul.gutka@angelbroking.com www.angelone.in Strategic Growth Advisors Pvt. Ltd. CIN - U74140MH2010PTC204285 Mr. Shogun Jain / Mr. Shrikant Sangani shogun.jain@sgapl.net / shrikant.sangani@sgapl.net +91 77383 77756 / +91 96195 95686 www.sgapl.net 44