Please find attached Annual Report for the Financial Year 2025-26

JSFB/SEC/2026-27/79 04th September 2026 National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai 400051. Mumbai 400001. Sub: Annual Report 2025-26 Ref: Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir/Madam, In continuation to our letter JSFB/SEC/2026-27/78 dated 04th September 2026, we are submitting herewith the Annual Report of the Bank for the Financial Year 2025-26. Shareholders may also access the Annual Report for the Financial Year 2025-26 which has been uploaded on the Bank’s website at www.jana.bank.in You are requested to kindly take the same on your record and oblige. Thank you Yours faithfully For Jana Small Finance Bank Limited Lakshmi R N Company Secretary & Compliance Officer JAMA KARO, JANA KARO Registered Office: Jana Small Finance Bank Limited T +91 80 4602 0100 The Fairway Business Park, # 10/1, 11/2 & 12/2B, Off E info@janabank.com D omlur, Koramangla Inner Ring Road, Next to Embassy Golf W www.janabank.com Links, Challaghatta, Bengaluru -560071. CIN No. L65923KA2006PLC040028 Empowering Progress. Enabling Possibilities. A N N UA L RE P O R T 2025 - 2026 Annual Report 2025-26 1 Annual Report 2025-26 ACROSS THE REPORT 1 Key Highlights for the Year 4 2 Our Growth Journey 5 3 Board of Directors 18 4 Leadership Team 19 5 CSR Initiatives 20 6 Notice of Annual General Meeting 21 7 Directors’ Report 36 8 Report on Corporate Governance 50 9 Management Discussion and Analysis Report 96 10 Business Responsibility & Sustainability Reporting Format 111 11 Independent Joint Auditor’s Report 158 12 Financial Statements 160 Annual Report 2025-26 3 Annual Report 2025-26 KEY HIGHLIGHTS FOR THE YEAR Assets Liabilities Asset Quality Capital Structure ADVANCES1 / GROWTH (YOY) DEPOSITS / GROWTH (YOY) GROSS NPA* BOOK VALUE PER SHARE Rs 36,289 CRS / 22.8% Rs 35,784 CRS / 22.9% 2.3% [2.5%] Rs 424 [Rs 392] DISBURSEMENTS / GROWTH (YOY) RETAIL DEPOSITS# NET NPA* CRAR Rs 26,926 CRS / 35.8% 62.6% [58.8%] 0.9% [0.9%] 19.4% [20.7%] SHARE OF SECURED ADVANCES1 COST OF FUNDS PROVISION COVERAGE RATIO TIER I CAPITAL ADEQUACY RATIO 73% [70%] 7.7% [8.1%] 63% [66%] 17.5% [19.8%] Operational Metrics Ratios P&L Metrics BANKING OUTLETS RETURN ON ASSETS (ROA) NET INTEREST INCOME (NII) 822 [802] 0.8% [1.5%] Rs 2,593 CRS [2,355 CRS] PRESENCE IN STATES/UTs RETURN ON EQUITY (ROE) PRE-PROVISION OPERATING PROFIT (PPOP) 23/2 [23/2] 7.6% [13.0%] Rs 1,166 CRS [1,188 CRS] ACTIVE CUSTOMERS NET INTEREST MARGIN (NIM) PROFIT AFTER TAX (PAT) 4.3 MN [4.2 MN] 6.7% [7.6%] Rs 326 CRS [501 CRS] 1 Advances includes IBPC & Securitisation Book. # Retail Deposits includes term deposits with value less than Rupees Three crores * Advances for the purpose of GNPA/NNPA calculation includes Securitization and Direct Assignment book. Figures in [ ] represents FY25 data GROWTH JOURNEY Assets Liabilities Asset Quality Capital Structure ADVANCES1 / GROWTH (YOY) DEPOSITS / GROWTH (YOY) GROSS NPA* BOOK VALUE PER SHARE FY2026 Rs 36,289 CRS / 22.8% Rs 35,784 CRS / 22.9% 2.3% Rs 424 FY2025 Rs 29,545 CRS / 19.4% Rs 29,120 CRS / 29.0% 2.5% Rs 392 FY2024 Rs 24,746 CRS / 24.9% Rs 22,571 CRS / 38.2% 2.0% Rs 342 FY2023 Rs 19,808 CRS / 29.8% Rs 16,334 CRS / 20.6% 3.6% Rs 278 FY2022 Rs 15,241 CRS / 19.9% Rs 13,540 CRS / 9.3% 5.0% Rs 204 FY2021 Rs 12,706 CRS / 15.7% Rs 12,386 CRS / 28.3% 6.7% Rs 193 DISBURSEMENTS / GROWTH (YOY) RETAIL DEPOSITS# NET NPA* CRAR FY2026 Rs 26,926 CRS / 35.8% 62.6% Bulk = 3cr and above 0.9% 19.4% FY2025 Rs 19,830 CRS / 12.6% 58.8% Bulk = 3cr and above 0.9% 20.7% FY2024 Rs 17,605 CRS / 18.9% 61.0% Bulk = 2cr and above 0.5% 20.3% FY2023 Rs 14,812 CRS / 27.8% 70.2% Bulk = 2cr and above 2.4% 15.6% FY2022 Rs 11,586 CRS / 52.0% 75.9% Bulk = 2cr and above 3.4% 15.3% FY2021 Rs 7,624 CRS / (23.7)% 73.5% Bulk = 2cr and above 4.8% 15.5% SHARE OF SECURED ADVANCES1 COST OF FUNDS PROVISION COVERAGE RATIO TIER I CAPITAL ADEQUACY RATIO FY2026 73% 7.7% 63% 17.5% FY2025 70% 8.1% 66% 19.8% FY2024 60% 7.8% 74% 19.0% FY2023 56% 7.0% 34% 13.0% FY2022 50% 7.4% 32% 11.8% FY2021 40% 8.6% 28% 11.8% Operational Metrics Ratios P&L Metrics BANKING OUTLETS RETURN ON ASSETS (ROA) NET INTEREST INCOME (NII) FY2026 822 0.8% Rs 2,593 CRS FY2025 802 1.5% Rs 2,355 CRS FY2024 808 2.4% Rs 2,127 CRS FY2023 754 1.1% Rs 1,660 CRS FY2022 715 0.1% Rs 1,390 CRS FY2021 619 0.5% Rs 1,263 CRS PRESENCE IN STATES/UTs RETURN ON EQUITY (ROE) PRE-PROVISION OPERATING PROFIT (PPOP) FY2026 23/2 7.6% Rs 1,166 CRS FY2025 23/2 13.0% Rs 1,188 CRS FY2024 22/2 26.9% Rs 1,193 CRS FY2023 22/2 16.8% Rs 1,000 CRS FY2022 22/2 1.5% Rs 587 CRS FY2021 20/2 6.5% Rs 439 CRS ACTIVE CUSTOMERS NET INTEREST MARGIN (NIM) PROFIT AFTER TAX (PAT) FY2026 4.3 MN 6.7% Rs 326 CRS FY2025 4.2 MN 7.6% Rs 501 CRS FY2024 5.4 MN 8.0% Rs 670 CRS FY2023 4.6 MN 7.8% Rs 256 CRS FY2022 3.7 MN 7.3% Rs 5 CRS FY2021 3.1 MN 8.4% Rs 84 CRS 1 Advances includes IBPC & Securitisation Book. # Retail Deposits includes term deposits with value less than Rupees Three crores * Advances for the purpose of GNPA/NNPA calculation includes Securitization and Direct Assignment book. Annual Report 2025-26 5 Annual Report 2025-26 Message from the Chairperson FY 2025–26 Dear Shareholders, FY 2025–26 was a year that tested our resolve and rewarded our discipline. We navigated a complex operating environment, marked by persistent stress in the microfinance sector, evolving regulatory priorities and broader macroeconomic pressures and emerged with a Chitra Talwar business that is fundamentally stronger, more resilient and Part-Time Chairperson and better positioned for the years ahead. I am proud to share Independent Director the story of this year with you. External environment and financial performance: A Year of Resilience and Momentum FY 2025–26 unfolded against a complex external environment. While the Indian economy remained one of the fastest-growing globally, the financial services sector navigated a period of heightened regulatory focus, evolving customer expectations, tighter liquidity conditions in parts of the banking system and a more cautious credit environment, particularly in the microfinance segment. Across the industry, lenders prioritised portfolio quality, strengthened underwriting standards and recalibrated growth in response to emerging risks. Against this backdrop, our focus remained firmly on disciplined execution, prudent risk management and building a stronger, more resilient franchise. The numbers this year are a testament to our resilience, strategic focus and continued progress across the business. For FY 2025–26, Jana Small Finance Bank recorded a Profit After Tax (PAT) of ₹326 crore. While the full-year performance reflects the weight of elevated provisioning in the earlier quarters, the trajectory of recovery through the year was clear and consistent. Q4 FY26 PAT stood at ₹140 crore, our strongest quarter of the year with Return on Assets at 1.3% and Return on Equity at 12.8%, demonstrating the earnings capacity of our model as credit costs normalised. The Bank’s total revenue grew 17% year-on-year. Net Interest Margin expanded to 7.22% in Q4, up from 6.61% in Q3, while our cost of funds declined to 7.46%. These are encouraging structural improvements rather than one-off effects, giving us confidence in the sustainability of our profitability trajectory. They also reflect the benefits of our continued focus on portfolio quality, funding optimisation and disciplined execution, positioning the Bank well to capture future growth opportunities while maintaining financial resilience. Business Growth: Quality over Velocity Our Gross Loan Portfolio closed the year at ₹36,289 crore, a 23% increase year-on-year. Q4 FY26 saw our highest-ever quarterly disbursement of ₹7,894 crore up 16% over Q3 a testament to the momentum we have built and the trust our customers place in us. Importantly, the shape of [Showing first 8,000 characters — download PDF for full document]