Effect(s) on listed entity due to changed regulatory framework applicable

September 15, 2026 BSE Limited National Stock Exchange of India Limited Department of Corporate Services The Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 543396 Symbol: PAYTM Sub.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) - Introduction of MDR on UPI P2M transactions above ₹2,000 Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI Listing Regulations we wish to inform you that the National Payments Corporation of India (“NPCI”), an organization authorized by the Reserve Bank of India under the Payment and Settlement Systems Act, 2007, for operating retail payment systems in India, including the Unified Payments Interface (“UPI”), has, vide its circular no. NPCI/UPI/OC-No.237/2026-27 dated September 15, 2026 (“NPCI Circular”), introduced a Merchant Discount Rate of upto 0.4% on UPI Person-to-Merchant (P2M) transactions exceeding ₹2,000. The NPCI Circular shall be effective from October 15, 2026. This will generate additional revenue from the merchant business for many of the payment transactions that were free earlier. As per the NPCI Circular, no charge is levied on customers for UPI payments, which shall continue to remain free of charge for them. The Company will make further disclosure(s), if required, once the circular becomes effective and its impact is ascertained. This disclosure will also be hosted on the Company's website viz. https://ir.paytm.com/. Kindly take the same on record. Thanking you, Yours Sincerely, For One 97 Communications Limited Sunil Kumar Bansal Company Secretary and Compliance Officer FCS 4810 One 97 Communications Limited Corporate Office - One Skymark, Tower-D, Plot No. H-10B, Sector-98, Noida-201304 compliance.officer@paytm.com T: +91120 4770770 F: +91120 4770771 CIN: L72200DL2000PLC108985 www.paytm.com Registered Office - 136, First Floor, Devika Tower, Nehru Place, New Delhi-110019