The 39th Annual General Meeting of the Company is scheduled to be held on Wednesday, September 23, 2026 at 3:00 PM IST.

Date: 01.09.2026 The Manager, Department of Corporate Services, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 001 Subject: Submission of 39th Annual Report for the Financial Year 2025-26 Scrip ID: WSFX Scrip Code: 511147 Dear Sir/ Madam, In compliance with the Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Annual Report of the Company for the FY 2025-26 including the Notice of 39th Annual General Meeting of the Company to be held on Wednesday, September 23, 2026 at 03:00 PM IST through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The Company would be availing E-voting Services of National Securities Depository Limited. The e-voting facility will be available during the following e-voting period: Particulars Prior to AGM During AGM Commencement of e-Voting Saturday, September 19, 2026, at Wednesday, September 23, 2026 9.00 AM (IST) End of e-Voting Tuesday, September 22, 2026 till 5.00 Wednesday, September 23, 2026 PM (IST) (Till 30 Minutes from the conclusion of AGM) (The e-voting module shall be disabled by NSDL for voting thereafter.) Cut-Off Date for determining September 16, 2026 eligibility to vote at AGM The said Annual Report including the Notice of 39th Annual General Meeting is also uploaded on the Company's website at www.wsfxglobalpay.com. Kindly take the same on your records. Thanking You, For WSFx Global Pay Limited Khushboo Doshi Company Secretary Encl: As above WSFx Global Pay Limited Registered Office: 6th Floor, C Wing, Corporate Avenue, Chakala, Andheri (East), Mumbai – 400 093 +91 22 62709600 | info@wsfxglobalpay.com | www.wsfxglobalpay.com | CIN No. L99999MH1986PLC039660 Annual Report 2026 WSFx Global Pay Limited At GlobalPay, our vision is to be a leading payment fintech, delivering secure, innovative, and reliable digital solutions in cross-border payments built on trust, transparency, and long-term value for our customers and stakeholders. To simplify and secure cross-border payments through technology-driven, customer-centric solutions that ensure compliance, transparency, and operational excellence, empowering individuals and businesses to transact globally with confidence. noissiM noisiV About GlobalPay Trusted Standard in Global Payments RBI AD II BSE 40+ years 1M+ Happy Authorized Listed of Trust Customers With our expanded AD II authorisation under FEMA 2026, we now offer: International Trade Remittances Family Maintenance Remittances Non-Trade Remittances Forex Correspondent Services Customer Segments Global Student Travellers Corporates B2B Partner Products & Services Portfolio Powering Global Payments with GLOBALPAY FOREX CARDS 30 Foreign Currencies Wallet India's Trusted Card for Global Payment INTERNATIONAL REMITTANCES Fast, Secure & Compliant International Money Transfers FOREIGN CURRENCY NOTES Buy & Sell In 30 Currencies GLOBALPAY APP India’s First Global Payments & Transit App GLOBAL SIM Seamless Global Connectivity TRAVEL INSURANCE Global Coverage for Every Journey CONTENTS Sr. No. Title Page 1 Company Profile 1 2 Company Information 3 3 Chairman’s Statement 4 4 Board of Directors 6 5 Senior Management 8 6 Notice 11 7 Directors’ Report 33 8 Corporate Governance Report 48 9 Management Discussion & Analysis Report 74 10 Financial Statements: - Independent Auditors’ Report 83 - Balance Sheet 92 - Profit & Loss Account 93 - Cash Flow Statement 94 - Statement of Changes In Equity 96 - Notes to Accounts 98 COMPANY PROFILE WSFx Global Pay Limited (GlobalPay) RBI-authorised AD Category-II | BSE-listed | Four decades of foreign exchange and cross-border payments expertise Who we are WSFx Global Pay Limited (“GlobalPay” or “the Company”) is a technology-led foreign exchange and cross-border payments company headquartered in Mumbai. The Company is authorised by the Reserve Bank of India as an Authorised Dealer Category-II and is listed on BSE Limited. Built on four decades of regulatory experience, customer trust and foreign exchange expertise, GlobalPay has evolved from a traditional forex enterprise into a digital-first, omni-channel payments fintech. It serves students, international travellers, corporates, retail customers and institutional partners through an integrated portfolio of forex cards, outward remittances, currency exchange and embedded payment solutions. Following renewal under the revised regulatory framework, the Company’s AD Category-II authorisation has been granted in perpetuity with an expanded scope. This provides GlobalPay with a durable regulatory foundation from which to pursue opportunities across eligible trade payments, non-trade current-account remittances and partner-led forex distribution. Six capabilities. One integrated platform. Core capability Role in the GlobalPay ecosystem RBI-authorised AD Category-II operations supported by established governance and Regulation compliance systems. Digital onboarding, workflow automation, APIs, mobile servicing and transaction Technology tracking. Treasury Foreign-exchange pricing, sourcing, settlement and risk-management capability. Visa principal membership and direct control over card-product design, issuance and Cards servicing. Payments Infrastructure Reusable processing and operating components for customers and eligible partners. Distribution Digital, branch, corporate, B2B, education and institutional channels. A Digital-First Global Payments Ecosystem GlobalPay’s digital architecture connects its Consumer, Corporate, Agent and institutional-partner businesses through common technology, compliance and transaction-processing infrastructure. 70% of the Company’s Gross Transactional Output is digitally originated or processed, reflecting its continuing transition towards scalable, automated and platform-led fulfilment. • GlobalPay Consumer App and Web Portal — integrated access to forex cards, outward remittances, currency exchange, education payments and travel-related services, supported by digital onboarding, electronic A2-form processing, video-based customer identification and transaction tracking. • Smart Corporate Platform — workflow-led foreign exchange ordering and transaction management for enterprises. • Smart Agent Platform — digital onboarding, order origination, servicing and transaction tracking for B2B partners. • GlobalPay FPaaS — co-branded, API-enabled forex and remittance infrastructure through which eligible partners can embed GlobalPay-powered services within their own customer ecosystems. • GlobalPay Connect - Forex Distribution Platform — designed to expand India’s Forex distribution ecosystem to extend the infrastructure to Banks, Ad-II institution & FFMC’s. GlobalPay Card Franchise As a Principal Member of Visa, GlobalPay owns and operates its prepaid card-issuance programme, providing greater control over product design, customer experience, servicing and innovation. Card proposition Positioning GlobalPay Single- and Multi-Currency Cards Cards for corporate, student and leisure segments. Smart Switch Forex Card Enables customers to transition from single-currency to multi- currency functionality on the same card. Xplorer Metal Card A premium prepaid metal card combining global-spending functionality with travel and lifestyle services. Uni-Z Digital Card Designed for eligible pre-admission and pre-departure student payments. Applicable card propositions support up to 30 international currencies and offer app-based controls, remote loading and reloading, transaction visibility and global acceptance, subject to the respective product terms. Remittances and Currency Solutions GlobalPay facilitates outward remittances under the Liberalised Remittance Scheme for permitted purposes, including overseas education, medical expenses, gifts and family maintenance. Its specialised Student Payments franchise supports university fee remittances, forex cards, Guaranteed Investment Certificate requirements [Showing first 8,000 characters — download PDF for full document]