CREDITACCESS GRAMEEN LIMITED

rs,

timates, targets, opinions, contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein and, accordingly, none of the Company, its advisors and

INR 683

% PAR 90+ % ECL Provisioning % NNPA (GL: 60+ dpd, RF: 90+ dpd) % CRAR % * Excluding the impact of INR 683 Cr write-offs Q2 FY26 25,904 YoY% 3.1%/ 5.8%* 44.40 -10.0%/-6.7%* +32.9% 5,322 QoQ% -0.6%/ 2.0%*

3.1%

+ dpd, RF: 90+ dpd) % CRAR % * Excluding the impact of INR 683 Cr write-offs Q2 FY26 25,904 YoY% 3.1%/ 5.8%* 44.40 -10.0%/-6.7%* +32.9% 5,322 QoQ% -0.6%/ 2.0%* -2.7%/ 0.9%* -2.5% 94.5% (94.9% in Sep

5.8%

RF: 90+ dpd) % CRAR % * Excluding the impact of INR 683 Cr write-offs Q2 FY26 25,904 YoY% 3.1%/ 5.8%* 44.40 -10.0%/-6.7%* +32.9% 5,322 QoQ% -0.6%/ 2.0%* -2.7%/ 0.9%* -2.5% 94.5% (94.9% in Sep-25) 9

10.0%

% CRAR % * Excluding the impact of INR 683 Cr write-offs Q2 FY26 25,904 YoY% 3.1%/ 5.8%* 44.40 -10.0%/-6.7%* +32.9% 5,322 QoQ% -0.6%/ 2.0%* -2.7%/ 0.9%* -2.5% 94.5% (94.9% in Sep-25) 94.9% (95.3% in

6.7%

% * Excluding the impact of INR 683 Cr write-offs Q2 FY26 25,904 YoY% 3.1%/ 5.8%* 44.40 -10.0%/-6.7%* +32.9% 5,322 QoQ% -0.6%/ 2.0%* -2.7%/ 0.9%* -2.5% 94.5% (94.9% in Sep-25) 94.9% (95.3% in Sep-2

32.9%

xcluding the impact of INR 683 Cr write-offs Q2 FY26 25,904 YoY% 3.1%/ 5.8%* 44.40 -10.0%/-6.7%* +32.9% 5,322 QoQ% -0.6%/ 2.0%* -2.7%/ 0.9%* -2.5% 94.5% (94.9% in Sep-25) 94.9% (95.3% in Sep-25) 3.65%

0.6%

of INR 683 Cr write-offs Q2 FY26 25,904 YoY% 3.1%/ 5.8%* 44.40 -10.0%/-6.7%* +32.9% 5,322 QoQ% -0.6%/ 2.0%* -2.7%/ 0.9%* -2.5% 94.5% (94.9% in Sep-25) 94.9% (95.3% in Sep-25) 3.65% 2.50% 4.06% 1.26%

2.0%

R 683 Cr write-offs Q2 FY26 25,904 YoY% 3.1%/ 5.8%* 44.40 -10.0%/-6.7%* +32.9% 5,322 QoQ% -0.6%/ 2.0%* -2.7%/ 0.9%* -2.5% 94.5% (94.9% in Sep-25) 94.9% (95.3% in Sep-25) 3.65% 2.50% 4.06% 1.26% 26.1%

2.7%

r write-offs Q2 FY26 25,904 YoY% 3.1%/ 5.8%* 44.40 -10.0%/-6.7%* +32.9% 5,322 QoQ% -0.6%/ 2.0%* -2.7%/ 0.9%* -2.5% 94.5% (94.9% in Sep-25) 94.9% (95.3% in Sep-25) 3.65% 2.50% 4.06% 1.26% 26.1% (Tier

0.9%

e-offs Q2 FY26 25,904 YoY% 3.1%/ 5.8%* 44.40 -10.0%/-6.7%* +32.9% 5,322 QoQ% -0.6%/ 2.0%* -2.7%/ 0.9%* -2.5% 94.5% (94.9% in Sep-25) 94.9% (95.3% in Sep-25) 3.65% 2.50% 4.06% 1.26% 26.1% (Tier 1: 25.

2.5%

Q2 FY26 25,904 YoY% 3.1%/ 5.8%* 44.40 -10.0%/-6.7%* +32.9% 5,322 QoQ% -0.6%/ 2.0%* -2.7%/ 0.9%* -2.5% 94.5% (94.9% in Sep-25) 94.9% (95.3% in Sep-25) 3.65% 2.50% 4.06% 1.26% 26.1% (Tier 1: 25.2%) Key

“On-Book Loan Portfolio (non-annualised) www.creditaccessgrameen.in 13 Discussion Summary Key Business Highlights Asset Quality & Business Overview Financial Results Overview Liability Strategy Investment Rationale www.creditaccessgrameen.in 14 Q2 FY26: Key Performance Highlights GLP INR 25,904 Cr (3.1% YoY) Disbursements INR 5,322 Cr (32.9% YoY) NIM 13.3% Wgtd.”

“H1 FY25: INR 54.2 Cr) Bad debt recovery was INR 16.4 Cr in Q2 FY26 (vs.”

“Q2 FY25: INR 7.3 Cr) and INR 24.6 Cr in H1 FY26 (vs.”

Key Highlights

2

Unique Borrowers

2

Provisioning

2

Understanding PAR Impact

1

JLG Benefits

1

Diverse product suite

1

Loan size flexibility

1

Repayment flexibility

1

High touch-high tech delivery model

1

For Further Queries

1

Key Highlights

Sep-25 / Jun-25 / Aug-24 CA Grameen + 1 CA Grameen + 2 8.5% 9.5% 4.4% 11.6% 34.0% 50,000 to <= 1,00,000 10.8% 8.6% 3.4% 7.2% 30.0% 5.2% 5.5% 2.1% 5.0% 17.8% 1,00,000 to <=1,50,000 6.2% 10.9% 4.8% 12.5% 34.4%

Unique Borrowers

CA Grameen + 3 1.4% 1.5% 0.6% 1.5% CA Grameen + >=4 0.6% 0.5% 0.2% 0.7% 4.9% 2.0% 1,50,000 to <=2,00,000 2.1% 4.5% 2.4% 9.0% 18.0% GLP %: 41.3% / 36.4% / 26.6% >2,00,000 1.0% 1.8% 1.0% 3.5% 7.2% Borrowers %: 37.0% / 33.0% / 26.3% Total % 26.3% 27.6% 12.3% 33.8% 100.0% Total 26.3% 27.6% 12.3% 33.8% 100.0% Total Indebtedness = MFI + Unsecured Retail Finance Borrowers % - Sep-25 Borrower Vintage with CA Grameen Borrowers % - Sep-25 Borrower Vintage with CA Grameen Lender Overlap 0-2 years 2-4 years 4-6 years >6 Years Total % Total Unsecured Indebtedness (INR) 0-2 years 2-4 years 4-6 years >6 years Total % Unique 14.2% 8.8% 3.8% 10.2% 37.0% <=50,000 11.7% 4.4% 1.6% 3.7% 21.4% CA Grameen + 1 11.5% 8.5% 3.5% 8.2% 31.7% 50,000 to <= 1,00,000 14.3% 9.0% 3.3% 6.7% 33.2% CA Grameen + 2 7.7% 5.9% 2.1% 4.2% 19.9% 1,00,000 to <=1,50,000 7.7% 8.3% 3.2% 7.6% 26.7% CA Grameen + 3 2.8% 2.4% 0.7% 1.5% CA Grameen + 4 >= 1.5% 1.3% 0.3% 0.9% 7.4% 4.0% 1,50,000 to <=2,00,000 2.6% 3.4% 1.5% 4.6% 12.0% >2,00,

Understanding PAR Impact

Borrowers with 4 lenders: PAR 15+: 15.1% / 14.3% / 6.1% Breakup of PAR 15+ of 5.2%: • Unique Borrowers: 1.1% • • • • Borrowers with 2 lenders: 1.4% Borrowers with 3 lenders: 1.2% Borrowers with > 3 lenders: 1.4% Borrowers with > INR 2 Lakh unsecured indebtedness: 0.7% Borrowers with > 4 lenders: PAR 15+: 30.2% / 31.1% / 12.2% Borrowers with > 3 lenders account for ~26% of overall PAR 15+ Borrowers with > INR 2 Lakh unsecured indebtedness: PAR 15+: 9.7% / 11.3% / 5.7% Source: CRIF Highmark. The data is as of 15th September 2025 www.creditaccessgrameen.in 11 Sustained PAR Reduction Across All Operating Geographies 6.8% 4.9% 5.1% 3.3% 2.4% 1.7% 3.8% 2.6% PAR Trend 6.9% 5.5% 4.3% 5.9% 4.9% 4.1% 3.3% 3.3% 4.7% 3.7% 3.1% 2.5% Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Top 5 States % GLP PAR 0+ PAR 90+ PAR 0+ PAR 90+ Jun-25 Sep-25 Karnataka Maharashtra Tamil Nadu Madhya Pradesh Bihar Others Total 30.5% 21.9% 18.5% 8.3% 4.6% 16.2% 100.0% 9.2% 2.7% 5.8% 3.3% 8.5% 4.5% 5.9% 4.4% 5.1% 1.2% 3.4% 1.6%

Provisioning

4.06% Write-off INR 683 Cr CRAR Total 26.1% CRAR Tier 1 25.2% Branches 2,209 (+8.8% YoY) 96 New Branches Opened Total Equity INR 7,164 Cr D/E Ratio 2.8 GNPA*: 3.65% NNPA*: 1.26% PAR 90+: 2.50% Employees 21,701 (+10.9% YoY) Active Borrowers 44.40 Lakh* (-10.0% YoY) * GNPA & NNPA recognition policy (GL: 60+ dpd, RF: 90+ dpd) * 8.50 lakh new borrower addition, offset by 5.86 lakh borrowers written-off www.creditaccessgrameen.in 15 H1 FY26: Key Performance Highlights GLP INR 25,904 Cr (3.1% YoY) Disbursements INR 10,780 Cr (27.1% YoY) NIM 13.1% Wgtd. Avg. COB 9.7% Cost/Income Ratio 33.0% Opex/GLP Ratio 5.1% PPOP INR 1,348 Cr (-2.4% YoY) PAT INR 186 Cr (-68.1% YoY) ROA 1.3% ROE 5.3% Collection Efficiency (Excl. Arrears) 93.9%

Provisioning

4.06% Write-off INR 1,375 Cr * GNPA & NNPA recognition policy (GL: 60+ dpd, RF: 90+ dpd) CRAR Total 26.1% CRAR Tier 1 25.2% Branches 2,209 (+8.8% YoY) 150 New Branches Opened www.creditaccessgrameen.in Total Equity INR 7,164 Cr D/E Ratio 2.8 GNPA*: 3.65% NNPA*: 1.26% PAR 90+: 2.50% Employees 21,701 (+10.9% YoY) Active Borrowers 44.40 Lakh (-10.0% YoY) 16 Q2 & H1 FY26: P&L Statement Profit & Loss Statement (INR Cr) Interest Income - Interest on Loans 1 - Interest on Deposits with Banks and FIs Income from Direct Assignment Finance Cost on Borrowings Net Interest Income Non-interest Income & Other Income 2 Total Net Income Employee Expenses Other Expenses Depreciation, Amortisation & Impairment Pre-Provision Operating Profit Impairment of Financial Instruments Profit Before Tax Total Tax Expense Profit After Tax Key Ratios Portfolio Yield Cost of Borrowings Interest Spread NIM Cost/Income Ratio Opex/GLP Ratio Q2 FY26 Q2 FY25 1,414.1 1,396.6 17.5 41.3 479.5 975.9 53.5 1,029.5 219.3 99.6 1

JLG Benefits

✓ Strong group bonding ✓ Mutual support – both financial & emotional ✓ Guidance, grievance resolution, building awareness ✓ Formulation of Board approved policies ✓ Process modifications ✓ Underwriting changes ✓ Technology changes in Core Banking System ✓ High quality customer - good behaviour & strong credit discipline ✓ Training to all the employees JLG Mechanism allows Multiple Layers of Checks before and after the Disbursement of a Loan Group Formation Data Validation & CB Check Group Confirmation Kendra Meetings Loan Applications Loan Evaluation Loan Sanction & Disbursal Loan Repayment Loan Utilisation • 3-days CGT by • Weekly / Fortnightly meetings • New LA is captured in Tab • Self-chosen group within 500m radius • Mutual reliance • Group: 5-10 members • Kendra: 2-6 groups • Digital process to capture KYC & household income details in Tab • Data validation at RPCs • KYC verification by RPCs • Complete CB check for all earning family members • Eligibility check confirmation throu