ESOP transfer

Mahindra & Mahindra Financial Services Ltd. Mahindra Towers, 3rd Floor, Dr. G. M. Bhosale Marg, Worli, Mumbai 400 018 India Tel: +91 22 66526000 25th 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 to Eligible Person We hereby inform you that Mahindra & Mahindra Financial Services Limited Employees’ Stock Option Trust has today, i.e., on Friday, 25th September 2026, transferred 17,933 equity shares of the Company pursuant to the exercise of vested Stock Options under the Mahindra & Mahindra Financial Services Limited – Restricted Stock Units Plan 2023. The details of the aforesaid transfer are provided 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 Person No. of equity shares of the Company transferred by Sr. No. Name of the eligible person the Trust on exercise of vested stock options 1 Raul Rebello 17,933 17,933 Total Email id : company.secretary@mahindrafinance.com CIN : L65921MH1991PLC059642