Price movement

Date: September 28, 2026 To, To, The Manager The Manager Lis(cid:415)ng Department Lis(cid:415)ng Department BSE Limited (“BSE”) Na(cid:415)onal Stock Exchange of India Limited (“NSE”) Phiroze Jeejeebhoy Towers, “Exchange Plaza”, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai—400 001 Mumbai - 400 051 BSE Scrip Code: 544799 NSE Symbol: TURTLEMINT Subject: Clarifica(cid:415)on on price movement — Turtlemint Fintech Solu(cid:415)ons Limited Ref: Your e-mail(s) dated September 28,2026 bearing reference to BSE ref. no. L/SURV/ONL/PV/SJ/ 2026-2027 / 4311 and NSE ref. no. NSE/CM/Surveillance/17615 seeking clarifica(cid:415)on on the movement in the price and volume of the Company’s equity shares Dear Sir/Madam, 1. We refer to your communica(cid:415)on(s) noted above seeking clarifica(cid:415)on on the significant movement in the price and volume of the equity shares of Turtlemint Fintech Solu(cid:415)ons Limited (the “Company”). 2. The Company confirms that the movement in the price and volume of its shares is market-driven. The Company has no control over the price at which its shares trade and is not in a posi(cid:415)on to a(cid:425)ribute the movement to any single factor. 3. We draw your a(cid:425)en(cid:415)on to the following publicly available development. On September 24, 2026, the Insurance Regulatory and Development Authority of India (“IRDAI”) released a public consulta(cid:415)on paper (cid:415)tled “Recalibra(cid:415)ng Economics of Insurance Distribu(cid:415)on”, in two parts, invi(cid:415)ng comments and feedback from stakeholders by October 25, 2026. Among other ma(cid:425)ers, the paper proposes changes to the expenses of management framework and to commission limits applicable to insurers and insurance distribu(cid:415)on en(cid:415)(cid:415)es. The paper has received wide coverage in the media and by market analysts. 4. The paper is at the consulta(cid:415)on stage. It represents proposals on which IRDAI has invited views and is not a final regula(cid:415)on or order, and the framework that IRDAI eventually adopts, if any, may differ from what is proposed. The Company is therefore not in a posi(cid:415)on to state what effect, if any, the proposals may have on its business, and will make the disclosures required under applicable law when there is a material development. 5. The Company is studying the proposals and intends to submit its comments to IRDAI within the s(cid:415)putated consulta(cid:415)on period. 6. The Company confirms that, as on the date of this le(cid:425)er, (a) all informa(cid:415)on required to be disclosed under Regula(cid:415)on 30 of the SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015 has been disclosed to Turtlemint Fintech Solutions Limited (formerly known as Turtlemint Fintech Solutions Private Limited and Fintech Blue Solutions Private Limited) Registered O(cid:431)ice: The ORB Sahar, 4 and 4A, 1st Floor, A wing, Marol Village, Andheri East, Mumbai 400 099, Maharashtra, India CIN: L74999MH2015PLC263315 | Email: companysecretary@turtlemint.com | Website: www.turtlemint.com | Contact No.: 022-68387400 the Exchanges, and (b) there is no undisclosed unpublished price sensi(cid:415)ve informa(cid:415)on, event or announcement pending with the Company that requires disclosure under Regula(cid:415)on 30 and that may explain the movement in the price or volume of its shares. 7. The Company will con(cid:415)nue to comply with its disclosure obliga(cid:415)ons under the Lis(cid:415)ng Regula(cid:415)ons and will promptly inform the Exchanges of any material event or informa(cid:415)on. Kindly take the above on record. Thanking you, Yours Faithfully, For Turtlemint Fintech Solu(cid:415)ons Limited (Formerly known as Turtlemint Fintech Solu(cid:415)ons Private Limited and Fintech Blue Solu(cid:415)ons Private Limited) Prashant Saini Company Secretary & Compliance Officer Membership No. A23769 Turtlemint Fintech Solutions Limited (formerly known as Turtlemint Fintech Solutions Private Limited and Fintech Blue Solutions Private Limited) Registered O(cid:431)ice: The ORB Sahar, 4 and 4A, 1st Floor, A wing, Marol Village, Andheri East, Mumbai 400 099, Maharashtra, India CIN: L74999MH2015PLC263315 | Email: companysecretary@turtlemint.com | Website: www.turtlemint.com | Contact No.: 022-68387400