We wish to inform the Exchange that the Finance Committee ('the Committee') of the Board of Directors ('the Board') of the Company at its Meeting held on Wednesday, September 16, 2026 has, inter-alia, approved the allotment of 6,53,980 Equity Shares to those Option Grantees who had exercised their Options under various 'Motilal Oswal Financial Services Limited - Employees Stock Option Scheme' ('ESOP Scheme') of the Company.

September 16, 2026 BSE Limited National Stock Exchange of India Limited P. J. Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E), Mumbai – 400001 Mumbai – 400051 Security code: 532892 Symbol: MOTILALOFS Sub.: Allotment of Equity Shares pursuant to exercise of Employee Stock Options Dear Sir/Madam, Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended from time to time), we wish to inform the Exchanges that the Finance Committee (“the Committee”) of the Board of Directors (“the Board”) of the Company at its Meeting held on Wednesday, September 16, 2026 has, inter-alia, approved the allotment of 6,53,980 Equity Shares to those Option Grantees who had exercised their Options under the following “Motilal Oswal Financial Services Limited – Employees Stock Option Scheme” (“ESOP Scheme”) of the Company: Sr. No. Name of the Scheme No. of Shares allotted 1. ESOP Scheme VI 77,000 2. ESOP Scheme VII 31,200 3. ESOP Scheme VIII 1,69,500 4. ESOP Scheme IX 2,03,700 5. ESOP Scheme X 1,72,580 Total 6,53,980 The said Equity Shares will rank pari-passu with the existing Equity Shares of the Company in all respects. The Committee Meeting commenced at 01:15 p.m. concluded at 02:10 p.m. Kindly take the same on record. Thanking you, Yours faithfully, For Motilal Oswal Financial Services Limited Kailash Purohit Company Secretary & Compliance Officer