Kfin Technologies Limited

rs,

Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Symbol: KFINTECH Scrip Code: 543720 Sub. : Investor

51%

definitive agreement with Ascent Fund Services Pte. Ltd (“Ascent”) to acquire controlling stake of 51% for US$ 34.7 million, with a path to 100% ownership over the next five years. Post this transactio

34.7 million

greement with Ascent Fund Services Pte. Ltd (“Ascent”) to acquire controlling stake of 51% for US$ 34.7 million, with a path to 100% ownership over the next five years. Post this transaction, KFintech will beco

100%

vices Pte. Ltd (“Ascent”) to acquire controlling stake of 51% for US$ 34.7 million, with a path to 100% ownership over the next five years. Post this transaction, KFintech will become the sole promoter

49%

e years. Post this transaction, KFintech will become the sole promoter of Ascent, and the residual 49% stake will be acquired in three equal tranches of 16.33% each after the end of fiscal year 2028, 2

16.33%

he sole promoter of Ascent, and the residual 49% stake will be acquired in three equal tranches of 16.33% each after the end of fiscal year 2028, 2029, and 2030 respectively. The transaction is subject to

24 billion

rving 260 global alternative asset managers managing 576 funds, across all asset-classes, with US$ 24 billion assets under administration. The Company is backed by strong pedigree of founding team and senior

12 billion

into the fast growing and large market of global fund administration industry having more than US$12 billion annual revenue pool. Ascent will help KFintech to gain an immediate and scaled access to global fu

13.3 million

domain expertise backed by an experienced management team. ▪ With FY241 and 6MFY251 revenue of US$ 13.3 million (32% y/y growth) and US$8.5 million (40% y/y growth) respectively, the Company services ~US$ 24 b

32%

se backed by an experienced management team. ▪ With FY241 and 6MFY251 revenue of US$ 13.3 million (32% y/y growth) and US$8.5 million (40% y/y growth) respectively, the Company services ~US$ 24 billio

8.5 million

nced management team. ▪ With FY241 and 6MFY251 revenue of US$ 13.3 million (32% y/y growth) and US$8.5 million (40% y/y growth) respectively, the Company services ~US$ 24 billion assets under administration a

40%

nt team. ▪ With FY241 and 6MFY251 revenue of US$ 13.3 million (32% y/y growth) and US$8.5 million (40% y/y growth) respectively, the Company services ~US$ 24 billion assets under administration across

“Transaction Details ▪ Post the immediate investment, KFintech and the three Ascent co-founders will be the shareholders of Ascent with KFintech becoming the sole promoter with board control.”

“▪ Subsequent Investment – Residual 49% stake will be acquired over the next 5 years in 3 equal tranches of 16.33% each after the end of FY281, FY291, FY301 respectively.”

About Ascent Fund Services Pte. Ltd

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Disclaimer

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About Ascent Fund Services Pte. Ltd

Ascent Fund Services Pte. Ltd (“Ascent”), founded in 2019 and headquartered in Singapore, is one of the fastest growing independent fund administrators in the world. The Company specialises in offering fund solutions, corporate solutions, and fintech solutions comprising of fund setup, fund accounting incl. NAV calculation, and transfer agency services, corporate solutions, digital onboarding, e-KYC, KYW screening, AML/PML, FATCA, etc. The Company has been co-founded by three experienced industry professionals with 20+ years of average experience. Ascent operates through 23 offices across 13 countries to provide regional expertise and direct interaction with clients and respective local regulators backed by requisite licenses in Singapore, Hong Kong, Abu Dhabi, Dubai, Mauritius, and Gift City (India). Their end clients are domiciled across 18 countries and includes hedge funds, fund of funds, HFT funds, private equity, venture capital, digital asset funds, real estate investment trusts

Disclaimer

Certain statements that may be made or discussed in this release may be forward-looking statements and/or based on management’s current expectations and beliefs concerning future developments and their potential effects upon KFin Technologies Limited. The forward-looking statements are not a guarantee of future performance and involve risks and uncertainties and there are important factors that could cause actual results to differ, possibly materially, from expectations reflected in such forward-looking statements. KFin Technologies Limited does not intend, and is under no obligation, to update any forward-looking statement made in this release. KFin Technologies Ltd Acquisition of Ascent Fund Services Investor Presentation April 2025 1 KFin Technologies Ltd to acquire Ascent Fund Services (Singapore) Pte. Ltd Overview Ascent Overview ▪ Founded in 2019, Ascent Fund Services (Singapore) Pte. Ltd. (Ascent) is an independent full-suite global fund administrator, servicing alternative inve