One 97 Communications Limited

rs,

May 23, 2023 BSE Limited Department of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001 National Stock Exchange of India Limited The Listing Depar

INR 2

totaling anomalies in the numbers. ₹ amounts converted to $ using exchange rate of 1 USD = 82.18 INR 2 To bring Half-a-Billion Indians to the Mainstream Economy through Technology-led Financial Service

rs 34

Distribute + Collect Loans Payments Services Two-Sided Ecosystem 90 Mn Monthly Transacting Users 34 Mn Merchants Commerce Services § Brand § Distribution § Insights § Technology Loan Distribut

51%

s have scaled multifold, while improving profitability Q4 FY 2023 Revenues2 of $284 Mn, growth of 51% YoY Q4 FY 2023 EBITDA before ESOP2 of $28 Mn, improved by $73 Mn YoY 2.9 x $972 Mn EBITDA bef

2%

efore ESOP EBITDA before ESOP Margin 185 187 600 $605 Mn 134 53 418 $341 Mn 16 84 241 (2%) $(21) Mn (31%) Margin Improvement of +57% (59%) $(201) Mn $(185) Mn FY 2021 FY 2022 FY 2

31%

DA before ESOP Margin 185 187 600 $605 Mn 134 53 418 $341 Mn 16 84 241 (2%) $(21) Mn (31%) Margin Improvement of +57% (59%) $(201) Mn $(185) Mn FY 2021 FY 2022 FY 2023 FY 2021 FY

57%

7 600 $605 Mn 134 53 418 $341 Mn 16 84 241 (2%) $(21) Mn (31%) Margin Improvement of +57% (59%) $(201) Mn $(185) Mn FY 2021 FY 2022 FY 2023 FY 2021 FY 2022 FY 2023 1 Payments F

59%

$605 Mn 134 53 418 $341 Mn 16 84 241 (2%) $(21) Mn (31%) Margin Improvement of +57% (59%) $(201) Mn $(185) Mn FY 2021 FY 2022 FY 2023 FY 2021 FY 2022 FY 2023 1 Payments Financi

9 bps

(Mn) 8.5 x 6.8 2.9 0.8 Ma r-21 Ma r-22 Ma r-23 • We make payment processing margin of 7 to 9 bps on GMV, of which UPI is 3 to 4 bps and other instruments is 15 to 18 bps • Since UPI is growing

4 bps

Ma r-22 Ma r-23 • We make payment processing margin of 7 to 9 bps on GMV, of which UPI is 3 to 4 bps and other instruments is 15 to 18 bps • Since UPI is growing faster than other instruments, we

18 bps

rocessing margin of 7 to 9 bps on GMV, of which UPI is 3 to 4 bps and other instruments is 15 to 18 bps • Since UPI is growing faster than other instruments, we expect blended margin to stabilize at 5

7 bps

Since UPI is growing faster than other instruments, we expect blended margin to stabilize at 5 to 7 bps Subscription Revenues • We earn ₹100 to ₹500 ($1.2 to $6) per month subscription per active dev