Edelweiss Financial Services Limited

rs,

EW/Sec/2023-24/205 November 10, 2023 BSE Limited P J Towers, Dalal Street, Fort, Mumbai – 400 001. National Stock Exchange of India Limited Exchange Plaza,

18%

Mn Ex-Insurance PAT $18 Mn BVPS $0.5 (FV $0.1) Net Debt $1,832 Mn Liquidity as a % of Debt 18% 4 Diversified with seven high-quality businesses Edelweiss Financial Services Ltd (EFSL) Altern

100%

Company Ltd) Edelweiss Tokio Life Insurance Company Ltd (ETLI) Equity: $78 Mn EFSL Stake: 100% Equity: $27 Mn EFSL Stake: 100% Equity: $356 Mn EFSL Stake: 60% Equity: $451 Mn EFSL Stake

60%

Equity: $78 Mn EFSL Stake: 100% Equity: $27 Mn EFSL Stake: 100% Equity: $356 Mn EFSL Stake: 60% Equity: $451 Mn EFSL Stake: 100% Equity: $97 Mn EFSL Stake: 100% Equity: $25 Mn EFSL Stake

75%

Equity: $97 Mn EFSL Stake: 100% Equity: $25 Mn EFSL Stake: 100% Equity: $75 Mn EFSL Stake: 75% PAT: $22 Mn PAT: $5 Mn PAT: $39 Mn PAT: $16 Mn PAT: $2 Mn PAT: $(17) Mn PAT: $(20) Mn

55%

Performance highlights – quarter ended Sep 23 1 Healthy profitability across businesses: MF PAT 55% YoY and Alts PAT 42% YoY 2 Listing of Nuvama Wealth Management on Sep 26, 2023 3 Robust growth

42%

hts – quarter ended Sep 23 1 Healthy profitability across businesses: MF PAT 55% YoY and Alts PAT 42% YoY 2 Listing of Nuvama Wealth Management on Sep 26, 2023 3 Robust growth in asset management a

30%

asset management and insurance businesses Alternatives AUM at $6 Bn milestone; MF equity AUM grew 30% YoY Gross premium for life insurance business increased by 18% YoY 4 Customer reach increased by

27%

YoY Gross premium for life insurance business increased by 18% YoY 4 Customer reach increased by 27% YoY to 6.3 Mn; assets crossed $24 Bn mark 5 Strong balance sheet with well capitalised businesse

15%

18 16 5 2 10 9 4 1 Sep 22 Sep 23 Sep 22 Sep 23 Sep 22 Sep 23 Sep 22 Sep 23 15% YoY 42% YoY 55% YoY 8% YoY 8 1 Earnings distribution across businesses Business Alternative

8%

4 1 Sep 22 Sep 23 Sep 22 Sep 23 Sep 22 Sep 23 Sep 22 Sep 23 15% YoY 42% YoY 55% YoY 8% YoY 8 1 Earnings distribution across businesses Business Alternative Asset Management Mutual F

63%

e value creation journey for shareholders Operating PAT Return on Equity Cost to Income $29 Mn 63% YoY 20.3% 547 bps YoY 65% 707 bps YoY 11 3 Robust growth across businesses Alternative Asse

Equity

7

EFSL Stake

7

PAT

7

DISCLAIMER

1

PAT

$(20) Mn Annualised PAT basis half year ended Sep 23 5 Performance Highlights Performance highlights – quarter ended Sep 23 1 Healthy profitability across businesses: MF PAT 55% YoY and Alts PAT 42% YoY 2 Listing of Nuvama Wealth Management on Sep 26, 2023 3 Robust growth in asset management and insurance businesses Alternatives AUM at $6 Bn milestone; MF equity AUM grew 30% YoY Gross premium for life insurance business increased by 18% YoY 4 Customer reach increased by 27% YoY to 6.3 Mn; assets crossed $24 Bn mark 5 Strong balance sheet with well capitalised businesses and comfortable liquidity 7 1 Healthy profitability across businesses EFSL ex-Insurance Alternative Asset Management Mutual Fund Asset Reconstruction PAT for the quarter in $ Mn 18 16 5 2 10 9 4 1 Sep 22 Sep 23 Sep 22 Sep 23 Sep 22 Sep 23 Sep 22 Sep 23 15% YoY 42% YoY 55% YoY 8% YoY 8 1 Earnings distribution across businesses Business Alternative Asset Management Mutual Fund Asset Reconstruction NBFC Housing Finance Gen

DISCLAIMER

This presentation and the discussion may contain certain words or phrases that are forward - looking statements, which are tentative, based on current expectations of the management of Edelweiss Financial Services Ltd. or any of its subsidiaries and associate companies (“Edelweiss”). Actual results may vary from the forward-looking statements contained in this presentations due to various risks and uncertainties. These risks and uncertainties include the effect of economic and political conditions in India and outside India, volatility in interest rates and in the securities market, new regulations and Government policies that may impact the businesses of Edelweiss as well as the ability to implement its strategy. The information contained herein is as of the date referenced and Edelweiss does not undertake any obligation to update these statements. Edelweiss has obtained all market data and other information from sources believed to be reliable or are its internal estimates unless oth