General Updates

September 05, 2026 The BSE Limited The National Stock Exchange of Corporate Relationship Department. India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra-Kurla Complex. Mumbai - 400 001 Bandra (E), Mumbai - 400 051 SCRIP CODE: 543066 SYMBOL: SBICARD SECURITY: Equity Shares/Debentures SECURITY: Equity Shares Dear Sirs, Re: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 -ESG Rating Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that SES ESG Research Private Limited (a SEBI Registered ESG Rating Provider), vide its report dated September 04, 2026 has assigned an Environmental, Social, and Governance (ESG) Score (Adjusted) of 80.2 for SBI Cards and Payment Services Limited based on the data pertaining to FY 2025-26. The said report is attached herewith. Further, the ESG Score for FY 2024-25 was 79.7, reflecting an improvement of +0.5 year-on-year. The same is also being uploaded on the website of the Company at www.sbicard.com. Kindly take the same on record. Thanking you, Yours faithfully, For SBI Cards and Payment Services Limited Payal Mittal Chhabra Chief Compliance Officer & Company Secretary Date & Time of Event: - September 04, 2026 at around 10:21 PM Enclosed: As above SBI Cards and Payment Services Ltd. DLF Infinity Towers, Tower C, Tel.: 18001801290 Registered Office, 12th Floor, Block 2, Building 3, Email: customercare@sbicard.com Unit 401 & 402, 4th Floor, Aggarwal Millennium Tower, DLF Cyber City, Gurugram - 122002, Website: sbicard.com E 1,2,3, Netaji Subhash Place, Wazirpur, New Delhi - 110034 Haryana, India CIN - L65999DL1998PLC093849 SES I COMMUNITY MEMBER SES Group Services: Proxy Advisory ESG BRSR Tool E-Ballot SES AIMS CGS & Research SES ESG Research Pvt. Ltd. (SES ESG) is registered with SEBI as an ESG Rating Provider under Category II SEBI REGISTRATION #: SES ESG is a wholly owned subsidiary of Stakeholders Empowerment Services, a not for profit organisation IN/ERP/Category-II/0002 ESG REPORT Rating based on FY 2025-26 Data SBI CARDS AND PAYMENT SERVICES LIMITED 2026 Last updated: 4th Sept, 2026 About: SBI Cards and Payment Services Limited (“The Company” or “SBIC”) is engaged in the business of www.sbicard.com issuing credit cards to consumers in India. The Company also acts as corporate insurance agent for selling BRSR Reporting Standalone insurance policies to credit card customers. BRSR (FY 2025-26) Weblink # of Plants 0 INDUSTRY CLASSIFICATION Finance (Basic: Non-Banking Financial Company (NBFC)) # of Offices 23 Assurance (Core) Yes SES ESG SCORE (ADJUSTED) FOOTPRINT HIGH MEDIUM LOW A+ A B+ B C D E 2025 2026 YOY Change RATING 90-100 80-90 70-80 60-70 50-60 40-50 0-40 79.7 80.2  0.5 RISK LOW MEDIUM HIGH Note: Scoring is out of 100 | For Scoring explana tion – Refer Annexure Note: Wherever you see “Red” think of future improvement RATIONALE PILLARS (Adjusted Scores & Weight) The ESG score improved primarily due to improved Environmental and Governance ■ 2025 ■ 2026 performance, while Social performance remained broadly stable. Environmental pillar improved due to lower non-renewable energy consumption and Scope 1 and Scope 2 emissions, increased renewable energy usage, and approximately 93% waste recovery. However, the score was moderated by increased Scope 3 75 76 80 80 81 82 emissions and waste intensity remaining above the industry benchmark. Social pillar remained constrained by non-coverage of 87% of the workforce for skill development and Health & Safety training, a material gender pay gap, limited disclosure on benefits for non-permanent employees, two sexual harassment Environment Social Governance complaints, and over one lakh customer complaints. These concerns were partly 16.5% 38.5% 45% offset by 39.3% representation of women in the workforce, zero work-related fatalities, and no data breaches. WEIGHT Note: Industry Risk (IR) / Controversy Adjusted Score Governance pillar improved due to greater Board diversity, ESG-linked Refer ESG Scorecard for details remuneration, the absence of regulatory penalties, and zero bribery cases. For SES ESG Evaluation Methodology – Click here However, the score was moderated by SES concerns regarding prolonged director associations, and non-disclosure of individual Independent Directors' fees. For further details on pillar wise information – Read more ESG RATING RELATIVE POSITION INDUSTRY RISK EXPOSURE (as per SASB/IFRS) Industry Company v. Industry Industry Company v. Industry Pillars Company Median Median Ratio Max Max Ratio Low Medium High ESG 80 76 1.06 83 0.97 Risk Risk Risk E 76 57 1.32 77 0.98 Company's S 80 77 1.04 84 0.95 Industry Risk G 82 81 1.01 89 0.93 Note: Industry Score is based on FY 2024-25 data of companies covered by SES (780) PARIVARTAN SCORE (Transition) RATING SENSITIVITY [Based only on quantitative parameters) % WEIGHT FACTORS OUT OF 100 2026 Air Emissions E 4.40 Waste Management E 4.40 Cyber Security & Data Privacy S 12.71 Customer Orientation & Welfare S 8.66 Audit & Financial Reporting G 11.25 Board Independence & Diversity G 9.00 Note: Rating Sensitiveness refers to top two categories in a Pillar that could have the potential to Weight: 10.5% impact the ESG profile of the entity. (Read More) Analyses y-o-y change on key quantitative parameters Note: ESG ratings / scores do not constitute recommendations to buy, hold or sell any securities 1 | P A GE SBI CARDS AND PAYMENT SERVICES LIMITED 2026 ESG REPORT ESG SCORECARD – ADJUSTMENTS ESG ADJUSTMENTS SECTOR AGNOSTIC AS PER SES MODEL (Year: 2026) AS PER (Year: 2026) ESG PILLARS CONTROVERSY CE ADJUSTED INDUSTRY RISK IR RAW SCORE EXPOSURE (CE) SCORE EXPOSURE (IR) ADJUSTED SCORE (A) (B) (C) (A*B) (D) (C*D)^ ESG 82.9 - 82.9 - 80.2 ENVIRONMENT 78.0 - 78.0 68.4 75.6 SOCIAL 85.7 - 85.7 61.4 79.6 GOVERNANCE 82.4 - 82.4 - 82.4 Note: For Score Adjustments – Refer to the explanation in the Annexure | ^Adjusted Score is calculated based on 75% (C) Score & 25% Risk Exposure (D) ESG SCORECARD SNAPSHOT (UNADJUSTED) ESG SCORECARD ESG SCORE DISCLOSURES SCORE PERFORMANCE SCORE COMPLIANCE NO CONTROVERSY SCORE (Governance: Legal requirements) (100%= No controversy) 2026 2026 2026 2026 2026 82 96 80 99 100 83 81 94 98 100 2025 2025 2025 2025 2025 Analyses facts, Represents overall Analyses company’s performance, outcomes & Analyses company’s Analyses whether any unadjusted ESG score disclosures level yoy change etc Governance Compliance Negative Controversy ESG Scores are result of disclosures as well as performance, scored separately. The above scores are based on overall ESG parameters. Detailed breakup E, S & G pillar wise score is given on subsequent pages. CORE CORE PARAMETERS ESG RATING HISTORY Core Score is based exclusively on SEBI BRSR Core parameters and is presented separately from DATE ESG RATING CHANGE the overall SES ESG Score. 04-09-2026 80.2  Assurance Applicability Yes 26-08-2025 79.7  Provider Name SGS India Pvt. Ltd 21-08-2024 78.3  Type of Assurance Reasonable Assurance Note: Details of ESG Ratings as provided SCORE BASED ON DATA: by SES ESG Research Private Limited. PARTICULARS FULLY PARTIALLY UNASSURED ASSURED ASSURED CORE ESG SCORE 100 NA NA [Disclosure of Core Parameters] [Weight: 20%] CORE PARIVARTAN SCORE 64 NA NA [y-o-y change / transition] [Weight: 80%] CORE COMBINED SCORE 71 NA NA [combination of Core ESG & Core Parivartan Score] Impact on Scores (weightage): 7.0% NA NA For detailed indicator-level analysis, refer to the detailed analysis section. Comments: SCIB has obtained reasonable assurance for BRSR Core parameters in FY 2025-26. © SES ESG RESEARCH PVT. LTD. | ALL RIGHTS RESERVED 2 | P A GE SBI CARDS AND PAYMENT SERVICES LIMITED 2026 ESG REPORT CONTROVERSY CONTROVERSY SES ESG evaluates controversies at both Category and Pillar levels. Category-level controversies are assessed based on their [Showing first 8,000 characters — download PDF for full document]