Nuvama Wealth Management Limited

₹264

nnexure 1 For Immediate Publication Nuvama Wealth Management Limited records quarterly profit of ₹264 Cr o Operating PAT grew by 19% YoY o Client assets stood at ₹ 4.6 trillion, grew by 19% YoY Mumb

19%

on Nuvama Wealth Management Limited records quarterly profit of ₹264 Cr o Operating PAT grew by 19% YoY o Client assets stood at ₹ 4.6 trillion, grew by 19% YoY Mumbai, 13th Aug 2025: Nuvama Wealth

₹ 4.6

ted records quarterly profit of ₹264 Cr o Operating PAT grew by 19% YoY o Client assets stood at ₹ 4.6 trillion, grew by 19% YoY Mumbai, 13th Aug 2025: Nuvama Wealth Management Limited (NSE, BSE: NUVAMA

₹770

g 30th June 2025. Nuvama Group: Consolidated Performance 1. 2. 3. Revenues: Q1 FY26 stood at ₹770 Cr, grew by 15% YoY Operating Profit After Tax (PAT): Q1 FY26 stood at ₹264 Cr, grew by 19% YoY De

15%

Nuvama Group: Consolidated Performance 1. 2. 3. Revenues: Q1 FY26 stood at ₹770 Cr, grew by 15% YoY Operating Profit After Tax (PAT): Q1 FY26 stood at ₹264 Cr, grew by 19% YoY Delivered strong

18%

ith momentum in Q1 FY26: o Wealth and Asset Management: Sustained robust growth, revenues grew by 18% YoY o Asset Services: Revenues grew by 46% YoY, driven by scale up of existing and addition of ne

46%

Management: Sustained robust growth, revenues grew by 18% YoY o Asset Services: Revenues grew by 46% YoY, driven by scale up of existing and addition of new clients Particulars - ₹ Cr Q1 FY25 Q

41%

Q1 FY25 Q1 FY26 YoY % FY24 FY25 YoY % Revenues 668 770 15% 2,063 2,901 41% Costs 374 421 13% 1,279 1,590 24% Operating Profit Before Tax (PBT) 293 349 1

13%

% FY24 FY25 YoY % Revenues 668 770 15% 2,063 2,901 41% Costs 374 421 13% 1,279 1,590 24% Operating Profit Before Tax (PBT) 293 349 19% 784 1,311 67% O

24%

Y % Revenues 668 770 15% 2,063 2,901 41% Costs 374 421 13% 1,279 1,590 24% Operating Profit Before Tax (PBT) 293 349 19% 784 1,311 67% Operating Profit After

67%

1 13% 1,279 1,590 24% Operating Profit Before Tax (PBT) 293 349 19% 784 1,311 67% Operating Profit After Tax (PAT) 221 264 19% 597 986 65% Nuvama Wealth Management L

65%

349 19% 784 1,311 67% Operating Profit After Tax (PAT) 221 264 19% 597 986 65% Nuvama Wealth Management Limited Corporate Identity Number: L67110MH1993PLC344634 Registered Of

“+91 22 6620 3030 NUVAMA Investor Presentation Q1 FY26 Annexure 2 1 Contents 1 2 3 4 About Us Industry Overview Performance Update Strategy 2 Contents Summary 1.”

“All figures are as on 30th June 2025 18 Business Summary: Q1 FY26 All figures are in ₹ Cr STRONG FINANCIAL PERFORMANCE DELIVERING QUALITY OUTCOMES REVENUES 770 668 YoY 15 % COST TO INCOME 56% 55% Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 OPERATING PAT 264 221 YoY 19 % RETURN ON EQUITY 29.4% 30.3% Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 YoY 1 % YoY 1 % 19 Key Highlights: Q1 FY26 ▪ Client Assets: Q1 FY26 stood at ₹ 4,62,727 Cr, grew by 19% YoY o Nuvama Wealth client assets stood at ₹ 1,05,716 Cr, grew by 20% YoY.”

“MPIS: Managed Products & Investment Solutions 30 Nuvama Wealth: Performance Metrics Closing Client Assets (₹ Cr and YoY) Client Assets Composition (₹ Cr) MPIS Net New Money (₹ Cr and YoY) +20% 1,05,716 87,842 MPIS Loan Broking Others 24,960 2,747 32,474 +30% 3,252 1,384 +64% 2,276 58,968 68,936 1,167 Q1 FY25 1,054 Q1 FY26 Q1 FY25 Q1 FY26 Q1 FY25 0.92% Q1 FY26 0.89% Yield on average assets 1.”

“Client assets stood at ₹ 1,05,716 Cr as at end of Q1 FY26, grew by 20% YoY led by MPIS NNM and MTM gains on other assets 2.”

“MPIS client assets, stood at ₹ 32,474 Cr as at end of Q1 FY26, grew at 30% YoY, NNM contributed 98% 3.”

“Q1 FY26 NNM from MPIS remains strong at ₹ 2,276 Cr, led by sustained healthy flows in annuity products 1.”

“Platform continues to attract and retain talent, with RM headcount on a steady growth trajectory 35 Nuvama Private: Performance Metrics Closing Client Assets (₹ Cr and YoY) Client Assets Composition (₹ Cr) 1 Recurring NNM (₹ Cr and YoY) +17% 2,17,868 ARR Earning Assets Transactional Assets 1,86,282 38,667 48,245 +25% Q1 FY25 Q1 FY26 1,23,163 1,48,640 Q1 FY25 0.91% Q1 FY26 0.87% Yield on average ARR assets 4,684 -38% 2,884 Q1 FY25 Q1 FY26 1.”

“Client assets stood at ₹ 2,17,868 Cr as at end of Q1 FY26, grew by 17% YoY, led by healthy growth in ARR assets and MTM 2.”

“ARR earning assets stood at ₹ 48,245 Cr as at end of Q1 FY26, grew by 25% YoY, driven by managed product new flows 3.”

“ARR NNM remained strong at ₹ 2,884 Cr for Q1 FY26 at 6.5% of opening assets 1.”

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 NUVAMA Investor Presentation Q1 FY26 Annexure 2 1 Contents 1 2 3 4 About Us Industry Overview 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 suite of offerings ▪ Integrated wealth management platform with exhaustive 3. PERFORMANCE UPDATE 4. STRATEGY ▪ Only established player with proven execution across Affluent, HNI and UHNI client segments ▪ 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 management team Client-first foundation S

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 42

Nuvama Asset Services and Capital Markets

Journey over years CLIENT ASSETS - ASSET SERVICES REVENUES - ASSET SERVICES 4Y CAGR 47% 1,26,046 91,156 19% 1,27,333 1,07,225 38,708 43,532 27,056 4Y CAGR 41% 655 329 167 171 158 46% 193 132 FY21 FY22 FY23 FY24 FY25 Q1 FY25 Q1 FY26 FY21 FY22 FY23 FY24 FY25 Q1 FY25 Q1 FY26 REVENUES - CAPITAL MARKETS 4Y CAGR 23% 759 389 336 331 476 10% 180 199 FY21 FY22 FY23 FY24 FY25 Q1 FY25 Q1 FY26 43

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) +46% 193 132 199 -10% 180 +17% 225 192 Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 1. Asset Services Q1 revenues grew by 46% YoY, driven by scale up of existing and addition of new clients, across both - international and domestic client segments 2. Capital Markets Q1 revenues decreased by 10% YoY o Market momentum improved in Q1, revenues grew 10% QoQ o Fixed income markets continue to grow, driven by improved client coverage and growth in volumes 44 Doing it right ! Driving growth, earning recognition Recognized with prestigious awards for excellence o Best Specialist Private Bank-India - Global Private Banking Innovation Awards, 2025 o Best Specialist Private Bank for UHNW Clients – Global Private Banking Innovation Awards, 2025 o Online Lead Generation Campaign of the year 2025 – 5th edition of BFSI Digital Stallions Forum's The Great Indian BFSI

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