Nuvama Wealth Management Limited

₹986

Annexure1 For Immediate Publication Nuvama Wealth Management Limited FY25 Operating PAT grows to ₹986 Cr o Operating PAT grew by 65% YoY o Announces dividend of ₹ 69 per share Mumbai, 28th May 2025: N

65%

ion Nuvama Wealth Management Limited FY25 Operating PAT grows to ₹986 Cr o Operating PAT grew by 65% YoY o Announces dividend of ₹ 69 per share Mumbai, 28th May 2025: Nuvama Wealth Management Limited

₹ 69

imited FY25 Operating PAT grows to ₹986 Cr o Operating PAT grew by 65% YoY o Announces dividend of ₹ 69 per share Mumbai, 28th May 2025: Nuvama Wealth Management Limited (NSE, BSE: NUVAMA), one of India

₹4.3

Nuvama Group: Consolidated Performance 1. 2. 3. 4. Client assets: As at end of FY25, stood at ₹4.3 trillion, grew by 24% YoY Revenues: Q4 FY25 stood at ₹771 Cr, grew by 29% YoY and FY25 at ₹2,901 Cr

24%

ted Performance 1. 2. 3. 4. Client assets: As at end of FY25, stood at ₹4.3 trillion, grew by 24% YoY Revenues: Q4 FY25 stood at ₹771 Cr, grew by 29% YoY and FY25 at ₹2,901 Cr, grew by 41% YoY Op

₹771

ient assets: As at end of FY25, stood at ₹4.3 trillion, grew by 24% YoY Revenues: Q4 FY25 stood at ₹771 Cr, grew by 29% YoY and FY25 at ₹2,901 Cr, grew by 41% YoY Operating Profit After Tax (PAT): Q4 FY2

29%

t end of FY25, stood at ₹4.3 trillion, grew by 24% YoY Revenues: Q4 FY25 stood at ₹771 Cr, grew by 29% YoY and FY25 at ₹2,901 Cr, grew by 41% YoY Operating Profit After Tax (PAT): Q4 FY25 stood at ₹255

₹2,901

at ₹4.3 trillion, grew by 24% YoY Revenues: Q4 FY25 stood at ₹771 Cr, grew by 29% YoY and FY25 at ₹2,901 Cr, grew by 41% YoY Operating Profit After Tax (PAT): Q4 FY25 stood at ₹255 Cr, grew by 41% YoY and

41%

grew by 24% YoY Revenues: Q4 FY25 stood at ₹771 Cr, grew by 29% YoY and FY25 at ₹2,901 Cr, grew by 41% YoY Operating Profit After Tax (PAT): Q4 FY25 stood at ₹255 Cr, grew by 41% YoY and FY25 at ₹986 C

₹255

29% YoY and FY25 at ₹2,901 Cr, grew by 41% YoY Operating Profit After Tax (PAT): Q4 FY25 stood at ₹255 Cr, grew by 41% YoY and FY25 at ₹986 Cr, grew by 65% YoY Strong performance across business segment

20%

ce across business segments for Q4: o Wealth and Asset Management: Steady growth, revenues grew by 20% YoY o Asset Services: Breakout year, revenues grew by 85% YoY o Capital Markets: Revenues grew by

85%

agement: Steady growth, revenues grew by 20% YoY o Asset Services: Breakout year, revenues grew by 85% YoY o Capital Markets: Revenues grew by 16% YoY Particulars - ₹ Cr Q4 FY24 Q4 FY25 YoY %

“+91 22 6620 3030 Annexure 2 NUVAMA Investor Presentation Q4 FY25 and FY25 1 Contents 1 2 3 4 5 About Us Industry Overview Year Gone By Performance Update Strategy 2 Contents Summary 1.”

“Emissions stood at 2,667 tCO2e for FY25 o Waste reduced to 199 MT in FY25 (segregation practices implemented) o All e-waste is disposed via certified vendors o Water saving initiatives undertaken like sensors and aerators in taps, dual flush system, etc.”

“ABOUT US ▪ Revenues: Q4 FY25 stood at ₹ 771 Cr, grew by 29% YoY and FY25 at ₹ 2,901 Cr, grew by 41% YoY 2.”

“INDUSTRY OVERVIEW ▪ Operating PAT: Q4 FY25 stood at ₹ 255 Cr, grew by 41% YoY and FY25 at ₹ 986 Cr, grew by 65% YoY 3.”

“MPIS: Managed Products & Investment Solutions 40 Nuvama Wealth: Performance Metrics Closing Client Assets (₹ Cr and YoY) Client Assets Composition (₹ Cr) MPIS Net New Money (₹ Cr and YoY) +20% 93,846 77,930 MPIS Loan Broking Others 23,018 3,117 29,768 +29% 2,806 4,969 +30% 6,460 50,720 60,241 1,075 FY24 1,030 FY25 FY24 FY25 FY24 1.00% FY25 0.88% Yield on average assets 1.”

“Client assets stood at ₹ 93,846 Cr as at end of Q4 FY25, grew by 20% YoY led by MPIS NNM and MTM gains on other assets 2.”

“MPIS client assets, stood at ₹ 29,768 Cr as at end of Q4 FY25, grew at 29% YoY, NNM contributed 96% 3.”

“FY25 NNM from MPIS remains strong at ₹ 6,460 Cr, being 28% of the opening assets, led by sustained healthy flows in annuity products 1.”

“Q4 revenues grew by 24% YoY, FY25 revenues grew by 18% YoY after absorbing impact of the change in AIF revenue recognition 2.”

“Client assets stood at ₹ 1,99,452 Cr as at end of Q4 FY25, grew by 17% YoY, led by healthy growth in ARR assets and MTM 2.”

Nuvama Asset Services and Capital Markets

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Investor Relations Advisors

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Email

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Improved market share

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DISCLAIMER

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NOTES

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Investor Relations Advisors

Strategic Growth Advisors Private Limited Name: Mr. Rahul Agarwal / Mr. Abhishek Shah Contact: +91 98214 38864 / +91 99306 51660

Email

rahul.agarwal@sgapl.net abhishek.shah@sgapl.net Nuvama Wealth Management Limited Corporate Identity Number: L67110MH1993PLC344634 Registered Office: 801- 804, Wing A, Building No. 3, Inspire BKC, G Block, Bandra Kurla Complex, Bandra East, Mumbai 400051 • Tel No. +91 22 6620 3030 Annexure 2 NUVAMA Investor Presentation Q4 FY25 and FY25 1 Contents 1 2 3 4 5 About Us Industry Overview Year Gone By Performance Update Strategy 2 Contents Summary 1. ABOUT US ▪ Strong institutional ownership: PAG (promoter of company), one of the largest Asia-based alternative investment managers 2. INDUSTRY OVERVIEW ▪ Integrated wealth management platform with exhaustive suite of offerings 3. YEAR GONE BY ▪ Only established player with proven execution across Affluent, HNI and UHNI client segments 4. PERFORMANCE UPDATE 5. STRATEGY ▪ High growth company with diversified and superior quality of earnings 3 ABOUT Nuvama Wide Presence 3,400+ employees across 100+ offices Strong Governance Experienced board and m

Improved market share

~20% of relevant new clients in our select segments c) Won accolades: Recognized by global industry bodies as ‘The leading custodian’ and won many other awards WM: Wealth Management, AM: Asset Management, AS: Asset Services and CM: Capital Markets 52

Nuvama Asset Services and Capital Markets

Journey over years CLIENT ASSETS - ASSET SERVICES REVENUES - ASSET SERVICES 4Y CAGR 47% 1,26,046 91,156 4Y CAGR 41% 38,708 43,532 27,056 167 171 158 655 329 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 REVENUES - CAPITAL MARKETS 4Y CAGR 23% 759 336 389 331 476 FY21 FY22 FY23 FY24 FY25 53

Nuvama Asset Services and Capital Markets

Performance Metrics Revenue - Asset Services (₹ Cr and YoY) Revenue - Capital Markets (₹ Cr and YoY) Profit Before Tax (₹ Cr and YoY) +99% 655 +59% 759 476 127% 855 329 +85% 198 107 +16% 163 140 63% 216 133 376 Q4 FY24 Q4 FY25 FY24 FY25 Q4 FY24 Q4 FY25 FY24 FY25 Q4 FY24 Q4 FY25 FY24 FY25 1. Asset Services Q4 revenues grew by 85% YoY, driven by continued momentum from both FII and DII client segments 2. Capital Markets Q4 revenues grew by 16% YoY a) Equity markets witnessed some softness in Q4 FY25 b) Continued to sustain market share in IE and IB deal pipeline continues to remain strong 54 Contents Summary 1. ABOUT US ▪ Necessary fundamentals in place 2. INDSUTRY OVERVIEW ▪ Adequately capitalized to achieve future goals ▪ Well defined trajectory for each segment 3. YEAR GONE BY 4. PERFORMANCE UPDATE 5. STRATEGY 55 Our STRATEGIC ADVANTAGE Strong promoter with experienced management team PAG, promoter of the company, a leading investment firm, with AUM of ~USD 57 billion Management team

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 Nuvama Wealth Management Limited or any of its subsidiaries, associate companies and joint ventures (“Nuvama”). 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 Nuvama as well as the ability to implement its strategy. The information contained herein is as of the date referenced and Nuvama does not undertake any obligation to update these statements. Nuvama has obtained all market data and other information from sources believed to be reliable or are its internal estimates unless ot