Appointment

September 22, 2026 The BSE Limited The National Stock Exchange of India Corporate Relationship Department 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: Disclosure under Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirementsl Regulations, 2015 Pursuant to Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we wish to inform that M/s. V.K. Dhingra & Co., Chartered Accountants, (Registration No. 000250N) and M/s. S.P. Chopra & Co., Chartered Accountants, (Registration No. 000346N) vide their letters dated September 22, 2026 have given acceptance to their appointment as the Joint Statutory Auditors of the Company for the Financial Year 2026-27 w.e.f. September 22, 2026, pursuant to the letter No./CA. V / COY/CENTRAL GOVERNMENT, SBICRD(l)/ 124, dated September 07, 2026, issued by the office of the Comptroller and Auditor General of India (CAG}. Brief Profiles of M/s. V.K. Dhingra & Co. and M/s. S.P. Chopra & Co. are annexed herewith. The same is also being uploaded on the website of the Company 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 22, 2026 at around 12:46 PM SBI Cards and Payment Services Ltd. DLF Infinity Towers, Tower C, Tel.: 18001801290 Registered Office: 12th Floor, Block 2, Building 3, Email: cus1omercart@sbicard.~om Unit 101 & 402, 4th Floor, Aggarwal Mil!ennium Tower, DLF Cyber City, Gurugram -122002, Website: sbicard.com E 1,2,3. NetaJi Subhash Place, Wazirpur, Ne,•, Oelh1 -110034 Haryana, India CIN -L65999DL 1998PLC093849 V.K. DHINGRA & CO. PROFILE TABLE OF CONTENTS PAGE NO. 1.0 Background, Aims and Objectives. 1 2.0 Infrastructure 2 2.1 Office Layout 2 2.2 Manpower 2 2.3 Consultants on Panel 2 3.0 Clients and Assignments 3 4.0 Empanelment and Membership 5 4.1 Empanelment 5 4.2 Memberships 6 5.0 Services 6 5.1 Audit, Assurance and Accounting 6 5.2 Tax Advisory Services 7 5.3 Corporate Advisory Services 8 5.4 Management Consultancy Services 10 5.5 Human Resource Development 11 5.6 Secretarial and Legal Services 11 ANNEXURES I. List of Partners JULY 2026 1.0 BACKGROUND, AIMS AND OBJECTIVES Established in 1973 by Mr. Vinod Kumar Dhingra at New Delhi, India, the firm expanded with several partners joining the firm later and the present strength of partners is thirteen with combined experience of all the partners in the firm for over 250 years (excluding prior experience before joining the firm). The firm was established with the object of carrying on the profession of practicing Chartered Accountants and is amongst the top professional firms in India. The firm's main objective is to provide service of global standards by maintaining high standards of professionalism, integrity and personal relationship with the clients. The wide range of expertise provided by our partners, professional staff and panel of associates and experts enable us to find the best possible solutions and specialised opinion for our clients. In other words, our staff matches the specialised needs of our clients. This is reflected in the diversity of qualifications and experience attained by our partners and staff. Many of them have acquired specialised knowledge and skill of multi disciplinary nature. To meet the high expectations of our clients and to provide highest standards of services. We believe in imparting training and continuous education for professional development to our Partners and staff on ongoing basis. JULY 2026 2.0 INFRASTRUCTURE 2.1 Office Layout The firm is located at New Delhi i.e., the capital of India having modern air-conditioned office at 1-E/15, Jhandewalan Extn., New Delhi-110055 in an area of about 2800 Sq. Feet with all modern office facilities including computerised environment, own power back-up and library. Besides we have provision for over 10,000 sq. feet in Gurugram (Haryana). 2.2 Manpower The strength of the firm in terms of manpower includes the following personnel: a) Partners : Thirteen b) Qualified Chartered Accountants : Four c) Semi Qualified : Twenty d) Other Professionals (MBA, CS, LLB etc.) : Two e) Articled Clerks : Forty f) Other Subordinate Staff : Twelve 2.3 Consultants on Panel We have consultants/experts on our panel, and their services are availed at any time according to the requirement. JULY 2026 3.0 CLIENTS AND ASSIGNMENTS We provide wide range of services covering inter alia, the following: -  Financial & Cost Accounting  Auditing – Risk Based Internal, Statutory, Concurrent, Process and Special Purpose.  Direct Tax – National & Cross Border  Goods & Service Tax (GST)  Commercial & Legal Consultancy  Human Resource Development  Business Start-ups  Due Diligence for business acquisitions, mergers and takeovers (M&A Transaction Advisory)  Sale and Purchase Negotiations  Personal Financial Planning  Business Plans and Cash flow forecasts  Investigations and Reports  Banking Arrangements  Computer Consultancy  Business Advisory Services JULY 2026 The clients include: -  Big Corporate Entities  State Owned Enterprises  Banking and Financial Institutions including Non_Banking Financial Companies (NBFCs  Foreign Companies/Organizations  Non-Residents  Charitable or Religious Trusts  Multi State/ Central Level Societies and Institutions  Autonomous Bodies  Firms and Individuals The product range or the services in which the above referred clients are engaged include mainly: -  Automobile & Automotive Air Conditioning Systems  Iron and Steel  Fertilizers & Chemicals  Banking, Non-Banking Finance, CIC  EPC (Engineering, Procurement & Construction) & Consultancy Organisation  Apparels & Textiles  Pharmaceuticals & Surgicals  Oil, Gass and Petro Products  Internet, Telecommunication & Artificial Intelligence (AI)  Internet Service Providers (I S P) JULY 2026  Special Economic Zones  Hospitality - Hotels & Restaurants  Infrastructure & Highways  Containerization & Transportation Facilities  Education  Hospital  Professionals  Packaging  Road and Railway Infrastructure 4.0 EMPANELMENT AND MEMBERSHIP The firm is presently empanelled with various National and International agencies and trade, commercial and professional bodies: 4.1 Empanelment a) CAG : Comptroller and Auditor General of India b) RBI : Reserve Bank of India c) UNIDO: United Nations Industrial Development Organization d) Registrar of Co-Operative Societies, New Delhi. e) Ministry of Cooperation, Government of India, Central Registrar of Cooperative Societies. f) IRDA : Insurance Regulatory and Development Authority. g) LIC : Life Insurance Corporation of India h) IDBI : Industrial Development Bank of India. i) NHAI: National Highway Authority of Indi JULY 2026 j) 4.2. Memberships a) The Institute of Chartered Accountants of India b) Indian Merchant’s Chambers c) The Council of EU Chambers of Commerce in India d) Indo German Chamber of Commerce e) Indo American Chamber of Commerce f) Association of Certified Fraud Examiners, Austin, Texas, U.S.A. 5.0 SERVICES The range of services in which the firm is engaged are briefed under the following heads: 5.1 Audit, Assurance and Accounting Statutory Audits of annual financial statements of incorporated public and private companies, Banks, Financial Institutions and all business entities and charities. We carry out audits of our clients in different segments and we place emphasis on audit procedures and report with our expertise. We render business advisory services and give information for organization and business practices. Audit & Assurance  Statutory Audit and Certifications under Indian GAPP and IndAS.  Risk Ba [Showing first 8,000 characters — download PDF for full document]