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Mahindra & Mahindra Financial Services Ltd. Mahindra Towers, 3rd Floor, Dr. G. M. Bhosale Marg, Worli, Mumbai 400 018 India Tel: +91 22 66526000 21st September 2026 BSE Limited National Stock Exchange of India Ltd. (Scrip Code: 532720) (Symbol: M&MFIN) Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, "G" Block, Dalal Street, Fort, Bandra - Kurla Complex, Bandra (East), Mumbai - 400 001 Mumbai - 400 051 Dear Sir/Madam, Sub: Intimation for transfer of Equity Shares from Mahindra & Mahindra Financial Services Limited Employees’ Stock Option Trust We hereby inform you that Mahindra & Mahindra Financial Services Limited Employees’ Stock Option Trust has today i.e., on Monday, 21st September 2026 transferred 48,549 equity shares of the Company, in aggregate, to the eligible persons, pursuant to the exercise of the vested Stock Options by them, under the Mahindra & Mahindra Financial Services Limited – Employees’ Stock Option Scheme – 2010 and Mahindra & Mahindra Financial Services Limited – Restricted Stock Units Plan 2023. The details of the Eligible Persons to whom the equity shares of the Company have been transferred are given in ‘Annexure I’ to this letter. You are requested to take the same on record. Thanking you, For Mahindra & Mahindra Financial Services Limited Brijbala Batwal Company Secretary FCS No.: 5220 Encl: a/a Regd. office: Gateway Building, Apollo Bunder, Mumbai 400 001, India | Tel: +91 22 68975500 Website : www.mahindrafinance.com | Email: company.secretary@mahindrafinance.com | CIN: L65921MH1991PLC059642 Page 2 Annexure – I Details of Eligible Persons No. of equity shares of the Company transferred by Sr.No. Name of the eligible persons the Trust on exercise of vested stock options 1 Ajith Kumar KS 574 2 Animesh Chatterjee 4,153 3 Ashish Devdhe 642 4 Ashok Kumar 402 5 Chanpreet Singh 980 6 Hari Haranath Rongala 235 7 Khuswant Yadav 994 8 Kshama Mane 422 9 Mahesh Rajaraman 32,109 10 Pravin Kadam 476 11 Sachin Thamke 400 12 Sapna Jain 3,264 13 Shadab Khan 802 14 Shuvendu Nayak 466 15 Subroto Sarkar 518 16 Vinod Jain 1,596 17 Vishwanath Bangera 516 48,549 Total Email id : company.secretary@mahindrafinance.com CIN : L65921MH1991PLC059642