Investor Presentation

Ref : GAJA/CS/15/2026-27 Date: September 10, 2026 To, To, National Stock Exchange of India Limited BSE Limited (“BSE”) (“NSE”) Listing Department Listing Department Corporate Relationship Department Exchange Plaza, C-1 Block G, Bandra Kurla Phiroze Jeejeebhoy Towers, Complex Bandra [E], Mumbai – 400051 Dalal Street, Fort, Mumbai - 400 001 NSE Scrip Symbol: GAJA BSE Scrip Code: 544885 ISIN: INE18UN01038 ISIN: INE18UN01038 Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") – Investor Presentation on the Un-audited Financial Results for the quarter ended June 30, 2026 Dear Sir/Ma’am, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Investor Presentation on the Un-audited Financial Results (Consolidated and Standalone) for the quarter ended June 30, 2026, to be made at the conference call scheduled on Thursday, September 10, 2026, at 04:00 p.m IST. This disclosure and the Investor Presentation will also be hosted on the Company’s website at: https://gajacapital.com/investor-relations/reports-and-publications Kindly take the same on records and arrange to bring this to the notice of all concerned. The details are also posted on the company’s website at www.gajacapital.com Thanking You, For Gaja Alternative Asset Management Limited Ishu Jain Company Secretary and Compliance Officer Membership No.: F10679 Address: 1402 Tower 2B One World Center,S.B. Marg Lower Parel, Mumbai- 400013 GAJA ALTERNATIVE ASSET MANAGEMENT LIMITED Corporate Office :1402, Tower 2B, One World Center, Registered Office: 302, 3rd Floor, Kanchenjunga S.B. Marg, Lower Parel, Mumbai –400013 Building 18, Barakhamba Road, New Delhi 110001 Tel: 91-22-2421 2280 | Email: Compliance@gajacapital.com | CIN: U67190DL1999PLC099260 | Website: www.gajacapital.com Gaja Alternative Asset Management Limited Investor Presentation Q1 FY27 What’s inside? 01 Executive Summary 02 Company Overview 03 Board & Leadership Key financial and business highlights Gaja Capital at a glance Experience, oversight and continuity 04 Business Model & Value Creation 05 Fund Strategy & Investor Franchise 06 Industry Opportunity Platform economics and sponsor alignment Fund vintages, portfolio strategy and LP base Growth of India’s alternatives market Operating Updates & Growth 07 08 Financial Performance 09 Definitions & Disclosures Priorities Fund updates, Fund V and Eastgate Secondaries Earnings and financial parameters Key definitions and safe harbour Key Highlights | Q1FY27 & LTM June’26 ➢Total Income for Q1 FY 26 -27 grew 26% YoY (148% QoQ) to INR 51.8 Cr ➢Total Income for the LTM period ended June 2026 grew 39% YoY (7% QoQ) to INR 168.4 Cr ➢PAT for Q1 FY 26 -27 grew 35% YoY (678% QoQ) to INR 27.2 Cr ➢PAT for the LTM period ended June 2026 grew 38% YoY (9% QoQ) to INR 89.1 Cr ➢ Company has declared final dividend of 15% (INR 0.75 per share) for the Financial Year 2025 -26 ➢ Received approval from SEBI for the launch of Fund V - an INR 2,500 Cr CAT -II AIF ➢ In August 2026, completed INR 550 Cr IPO – raising INR 450 Cr of primary capital for growth ➢ PwC India to be appointed as statutory auditors for the company on account of mandatory auditor rotation Gaja Capital: At a glance Track record Leadership stability Financial progression 22 years Since inception Earnings growth supported by strong margins and net -worth accretion 23.2% 35.3% 51.9% 100 % 68%+ Total Income CAGR PAT CAGR FY26 PAT margin Economics from the funds Team ownership 1 captured by the AMC Key Financials ( ₹ crore) 52% 17.2% 50% 16.5% 3.8x 7.1% 158 14.5% 607 Avg. MOIC across Avg . sponsor commitment mature Funds 2 (Skin in the game) 123 104 389 ₹1,050 Cr 16.5% Net Worth FY26 RoE (Post -IPO) FY24 FY25 FY26 FY24 FY25 FY26 Total Income PAT PAT Margin Net Worth RoE 1 Includes extended team and advisors; 2Includes Fund I, Fund II and Fund III A Board highly experienced in regulation, markets and institution -building Upendra Kumar Sinha Prithvi Pal Singh Haldea Shailesh V. Haribhakti UK PP SV Non-executive Chairman Non-executive Director Independent Director 38+ years | Public policy & markets 35+ years | Capital markets 30+ years | Governance & audit He has been associated with public policy and financial markets He is the founder, chairman and Whole -time Director of Praxis He holds the Global Competent Boards Designation and has for over 38 years. He has held senior positions in the Ministry of Consulting and Information Services, creator of Prime Database. cleared the final examination of the Institute of Cost and Works Finance. He has also served as Chairman of SEBI and as He has served on boards and committees constituted by the Accountants of India. He serves on the boards of several leading Chairman and Managing Director of UTI AMC and Chairman of Ministry of Finance, SEBI, MCA, NSE and BSE, among others. companies and brings over 30 years of professional experience. AMFI. Manish Sabharwal Arindam K. Bhattacharya Shital Mehra MS AK SM Non-executive Director Independent Director Independent Director 30+ years | Human capital 40+ years | Strategy & consulting 20 years | Leadership & people Co-founder of TeamLease Services and has served on the He was associated with The Boston Consulting Group for over She has authored two books on leadership and business Board of the Reserve Bank of India and the Advisory Board of 20 years, serving as senior partner, managing director and etiquette. She brings 20 years of experience as a corporate the Comptroller and Auditor General of India. He is also the managing partner of the India business . trainer and executive presence coach. managing trustee of the New India Foundation . The Board complements executive investment experience with independent perspectives on regulation, governance, strategy, fina nce and human capital. Leadership aligned to create enduring value Gopal Jain Ranjit Jayant Shah Imran Jafar GJ RJ IJ Managing Director & CEO Executive Vice -Chairman Executive Director 34+ years | Financial markets 46+ years | Strategy & PE 26+ years | Investment leadership Co-founder, he has been on the Board since inception and leads Co-founder and vice chairman of the Company, serving on the Board Co-founder and responsible for investment activities, overall strategy and operations. He is a member of the since 2005. He spearheads the Company's new initiatives, and drives operational oversight and team development. He brings over 26 Executive Committee of IVCA and has previously served on stakeholder engagement. He brings over 46 years of experience, years of professional experience, including more than 20 years SEBI’s Alternative Investment Policy Advisory Committee. He including 20 years in private equity, with deep investment expertise in private equity. brings over 34 years of experience in financial markets and strategic insight. IIT Delhi | B.Tech., Electrical Engineering IIT Bombay | B.Tech., Electrical Engineering; University of BITS Pilani | M.S., Software Engineering; IIM Bangalore | MBA Michigan | MBA Sushane Chopra Dheeraj Prasad Devata Abhinav Jain SC DP AJ Partner Partner Chief Financial Officer 17+ years | Consumer, Tech & EEE 16+ years | SaaS, BFSI & EEE 18+ years | Finance & Operations Associated with us since 2011 and as a Partner since 2022, he is Associated with us since 2018 and as a Partner since 2024, he is Associated with us since 2008, he became Chief Financial responsible for work across the consumer, technology and EEE responsible for work across enterprise software and SaaS, Officer in 2024 and is responsible for finance & operations, sectors. He brings over 17 years of experience across private banking and financial services, and the EEE sector. He brings investor relations, deal execution and portfolio management. equity and consulting. over 16 years of financial services experience. IIT Madras | B.Tech., Me [Showing first 8,000 characters — download PDF for full document]