AGS Transact Technologies Limited

rs,

November 4, 2023 To, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400001 To, National Stock Exchange of India Limited, Exchange Plaz

Rs 3,886

1 FY24 Performance 3 33 Management Commentary “During the quarter, we reported total income of Rs 3,886 with adjusted EBITDA margin of 24.1%. In Q2FY24, our revenue from services increased to 98% in line

24.1%

ommentary “During the quarter, we reported total income of Rs 3,886 with adjusted EBITDA margin of 24.1%. In Q2FY24, our revenue from services increased to 98% in line with our strategy to move away from

98%

of Rs 3,886 with adjusted EBITDA margin of 24.1%. In Q2FY24, our revenue from services increased to 98% in line with our strategy to move away from value- dilutive businesses. During this semi-annual pe

Rs 395

ns for certain ageing receivables that had accumulated during covid. We have also provisioned about Rs 395 mn towards a one- time commitment fee which we are confident to reverse in the next few quarters, an

29.4%

airman & Managing Director Performance Highlights – Q2 & H1 FY24 Total Income ₹ Mn Adj EBITDA 29.4% 24.2% 24.1% 4.5% PAT -3.5% 0.2% • In Q2FY24, the total income decreased by 2% on QoQ basis

24.2%

& Managing Director Performance Highlights – Q2 & H1 FY24 Total Income ₹ Mn Adj EBITDA 29.4% 24.2% 24.1% 4.5% PAT -3.5% 0.2% • In Q2FY24, the total income decreased by 2% on QoQ basis 6 0 2

4.5%

rector Performance Highlights – Q2 & H1 FY24 Total Income ₹ Mn Adj EBITDA 29.4% 24.2% 24.1% 4.5% PAT -3.5% 0.2% • In Q2FY24, the total income decreased by 2% on QoQ basis 6 0 2 , 4 4 9 7 ,

3.5%

ormance Highlights – Q2 & H1 FY24 Total Income ₹ Mn Adj EBITDA 29.4% 24.2% 24.1% 4.5% PAT -3.5% 0.2% • In Q2FY24, the total income decreased by 2% on QoQ basis 6 0 2 , 4 4 9 7 , 3 6 8 8 , 3

0.2%

e Highlights – Q2 & H1 FY24 Total Income ₹ Mn Adj EBITDA 29.4% 24.2% 24.1% 4.5% PAT -3.5% 0.2% • In Q2FY24, the total income decreased by 2% on QoQ basis 6 0 2 , 4 4 9 7 , 3 6 8 8 , 3 5 3

2%

dj EBITDA 29.4% 24.2% 24.1% 4.5% PAT -3.5% 0.2% • In Q2FY24, the total income decreased by 2% on QoQ basis 6 0 2 , 4 4 9 7 , 3 6 8 8 , 3 5 3 2 , 1 0 3 0 , 1 7 0 2 Q1FY24 Q2FY24 • In Q2

24%

5 3 2 , 1 0 3 0 , 1 7 0 2 Q1FY24 Q2FY24 • In Q2FY24, Adjusted EBITDA witnessed a decline of 24% YoY, 8 3 9 Q2FY23 6 Q2FY23 Q1FY24 Q2FY24 Q2FY23 Q1FY24 Q2FY24 Total Income ₹ Mn Adj EBI

“3 FY21-22 FY22-23 FY23-24E FY24-25E FY25-26E FY26-27E FY27-28E Transaction Value of Cards (in Rs.”

“0 2 FY21-22 FY22-23 FY23-24E FY24-25E FY25-26E FY26-27E FY27-28E Source: The Indian Payments Handbook 2023-2028 – PwC; NPCI Research; Chiratae-EY Analysis 2 .”

“0 1 FY21-22 FY22-23 FY23-24E FY24-25E FY25-26E FY26-27E FY27-28E Transaction Value of PPIs (in Rs.”

Changes in working capital

2

Three Major business Segments

1

Changes in working capital

Decrease / (increase) in inventories (Increase) / decrease in trade receivables Decrease / (increase) in loans and other financial assets (Increase) / decrease in other current assets Decrease in other non-current assets Increase in trade payables Increase in other current liabilities (Decrease) / increase in other non-current liabilities Increase in provisions Cash generated from operations Direct taxes paid (net) Net cash flow generated from operating activities (A) (B) Cash flow from investing activities Net cash (used in) investing activities (B) (C) Cash flow from financing activities Net cash (used in) / generated from financing activities (C) Net increase / (decrease) in cash and cash equivalents (A+B+C) Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year September 2023 September 2022 -702 2,155 1,453 69 41 87 -102 9 -10 -107 -2 7 1,445 -105 1,340 117 -1042 415 158 573 512 1,853 2,365 -167 -361 11 122 33 -637 -195 -14 -14 1,141

Three Major business Segments

1) Payment Solutions Prepaid Cards, Ongo ecosystem, switching transactions, AFC & Toll solutions Equipment provision, Cash management, Monitoring & Incident management and Second Line maintenance Cash management, DCV services, doorstep banking, maintenance, cash processing and vaulting 2) Banking Automation Solutions 3) Other Automation Solutions ATM/CRM, currency technology solutions, self-service kiosks Billing terminals and automation software to customers across multiple sectors Group Companies Business Overview Omni-channel Ongo & Fastlane One of the largest integrated omni-channel payment solutions providers catering to banks & corporates across industries Built digital payment solutions - Ongo & Fastlane; One of the largest deployers of POS terminals at petroleum outlets in India In-house Tech Track record Leadership Dedicated in-house infrastructure & technology capabilities with ability to innovate and offer customized payment solutions Established track record of delivering r

Changes in working capital

Decrease / (increase) in inventories (Increase) / decrease in trade receivables Decrease / (increase) in loans and other financial assets (Increase) / decrease in other current assets Decrease in other non-current assets Increase in trade payables Increase in other current liabilities (Decrease) / increase in other non-current liabilities Increase in provisions Cash generated from operations Direct taxes paid (net) Net cash flow generated from operating activities (A) (B) Cash flow from investing activities Net cash (used in) investing activities (B) (C) Cash flow from financing activities Net cash (used in) / generated from financing activities (C) Net increase / (decrease) in cash and cash equivalents (A+B+C) Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year FY23 FY22 FY21 575 3,981 4,557 (96) (256) 114 128 10 (473) (1,063) (13) (10) 2,896 (404) 2,493 (666) 5,159 4,494 48 (1,175) 56 (269) 22 828 (318) (62) (17) 3,608 (362) 3,246 8