Outcome of Board Meeting

Oracle Financial Services Software Limited Oracle Park phone +91 22 6718 3000 Off Western Express Highway fax +91 22 6718 3001 Goregaon (East) oracle.com/financialservices Mumbai, Maharashtra 400063 India July 22, 2026 To, To, Asst. Vice President Asst. General Manager Listing & Compliance Listing & Compliance National Stock Exchange of India Limited BSE Ltd. Exchange Plaza, Bandra-Kurla Complex 1st Floor, Phiroze Jeejeebhoy Towers, Bandra (East) Mumbai 400 051 Dalal Street, Mumbai 400 001 Scrip Code – OFSS Scrip Code – 532466 Sub: Decisions taken at the Board Meeting held today Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company hereby wishes to notify the decisions of the Board of Directors of the Company taken in its meeting held today: 1. Approved appointment of Mr. Andrew Mark Morawski (DIN: 11775252) as an Additional Director of the Company, based on the recommendation of the Nomination and Remuneration Committee, with effect from July 22, 2026, in the capacity of Non-Executive, Non-Independent Director, liable to retire by rotation, subject to approval of the Shareholders of the Company. 2. Approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. In this regard, we enclose herewith the unaudited standalone and consolidated financial results of the Company for the quarter ended June 30, 2026, along with the Limited Review Reports thereon issued by M/s. S R Batliboi & Associates LLP, Chartered Accountants, Statutory Auditors of the Company, as enclosed as Annexure A. 3. Mr. Makarand Padalkar (DIN: 02115514), Managing Director and Chief Executive Officer of the Company tendered his resignation today which will be effective from of the end of the day of July 23, 2026. Consequently, he shall cease to be the Chairperson/member of respective Board committees. Mr. Padalkar will continue with the Company for some time to ensure a smooth handover. The Board of Directors of the Company has accepted his resignation in its meeting held today and placed on record its appreciation for the contributions made by Mr. Padalkar during his tenure with the Company. Registered Office: Oracle Park, Off Western Express Highway, Goregaon (East), Mumbai, Maharashtra 400063, India CIN: L72200MH1989PLC053666 4. Approved appointment of Mr. Avadhut Ketkar (DIN: 02353654), currently the Chief Financial Officer, as an Additional Director in the capacity of the Managing Director and Chief Executive Officer of the Company, liable to retire by rotation, based on the recommendation of the Nomination and Remuneration Committee, for a term of three consecutive years from July 24, 2026 up to July 23, 2029, subject to approval of the shareholders. 5. Approved appointment of Mr. Manish Bhandari as the Chief Financial Officer (Key Managerial Personnel), based on the recommendation of the Nomination and Remuneration Committee and the Audit Committee, with effect from July 24, 2026. 6. Approved reconstitution of following Committees of the Board, effective July 24, 2026 as below: Committee Composition effective July 24, 2026 Risk Management Mrugank Paranjape Chairperson Committee Avadhut Ketkar Member Kavita Venugopal Member Manish Bhandari Member Corporate Social Kimberly Woolley Chairperson Responsibility Committee Jane Murphy Member Avadhut Ketkar Member Stakeholders Relationship Jane Murphy Chairperson Committee Kimberly Woolley Member Avadhut Ketkar Member Audit Committee Mrugank Paranjape Chairperson Jane Murphy Member Kavita Venugopal Member Gopala Ramanan Balasubramaniam Member The relevant details as per the requirement of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular SEBI/HO/CFD/CFD- PoD-1/P/CIR/2023/123 dated July 13, 2023 are given in the enclosed Annexure B and a copy of the resignation letter received from Mr. Makarand Padalkar is enclosed as Annexure C. The above documents will also be uploaded on the Company’s website. The Board meeting commenced at 16:30 hours (IST) and concluded at 17:27 hours (IST). Thanking you, Yours sincerely, For Oracle Financial Services Software Limited Onkarnath Banerjee Company Secretary & Compliance Officer Membership No. ACS8547 Encl: as above Annexure A Oracle Financial Services Software Limiled Registered Office : Oracle Park, Off Western Express Highway, Goregaon (East), Mumbai 400 063 Tel:+ 91226718 3000 Fax:+ 9122 6718 3001 CIN: L72200MH1989PLC053666 Website: www.oracle.comlfinancialservices E-mail: investors-vp-ofss_in_grp@oracle.com Unaudited standalone financial results for the three month period ended June 30, 2026 ( t in million except per share data) Three month period ended Year ended Particulars June 30, 2026 March 31, 2026 Jnne 30, 2025 March 31, 2026 Unaudited Audited Unaudited Audited I INCOME . (a) Revenue from operations 25,669 15,663 13,968 57,167 (b) Other income 623 4,901 712 6,800 Total income 26,292 20,564 14,680 63,967 2 EXPENSES (a) Employee benefit expenses 7,061 5,345 5,558 22,678 (b) Travel related expenses 155 182 212 830 (c) Professional fees 383 414 354 1,579 (d) Finance cost 7 5 6 22 ( e) Depreciation and amortization 122 133 153 563 (t) Other expenses 354 487 487 2,184 Total expenses 8,082 6,566 6,770 27,856 3 Profit before tax 18,210 13,998 7,910 36,111 4 Tax expense (a) Current tax 4,418 2,987 2,124 8,709 (b) Deferred tax 156 (100) (86) (344) Total tax expense 4,574 2,887 2,038 8,365 5 Net profit for the period 13,636 11,111 5,872 27,746 6 Other comprehensive (loss) I income {a) Items that will not be reclassified subsequently to pro.fit or loss {i) Remeasurement (losses) I gains of defined benefit plan (6) 86 (21) 163 (ii) Income tax effect 2 (21) 6 (41) (b) Items that wlll be reclassified subsequently to profit or loss (i) Exchange differences on translation of financial statements of foreign branches (I) (I) 2 Total olher comprehensive (loss) I income for the period, net of tax (5) 64 (15) 124 7 Total comprehensive income for the period, net of tax 13,631 11,175 5,857 27,870 8 Paid up equity share capital (face value t 5 each, fully paid) 435 435 435 435 9 Reserve excluding Revaluation Reserves as per balance sheet 69,710 10 Earnings per equity share (face value t 5 each, fully paid) (a) Basic (in?) 156.63 127.68 67.58 319.10 (b) Diluted (int) 155.99 127.20 67.25 317.60 See accompanying notes to the financial results * Represents amount less than t 0.50 million. Noles to financial results : The unaudited standalone financial results for the three month period ended June 30, 2026 have been reviewed by the Audit Committee and approved by the Board of Directors of tl1e Company at its meeting held on July 22, 2026. The statutory auditors have expressed an unmodified review conclusion on these results. 2 TI1ese financials results have been prepared in accordance with the recognition and measurement principles laid down in the Ind AS 34 -Interim FiJ1ancial Reporting as prescribed under Section 133 of the Companies Act, 2013 (the 'Act') read with relevant rules of the Companies (Indian Accounting Standards) Rules, 2015 (as amended) and the other accounting principles generally accepted in India. 3 The figures for the three month period ended March 31, 2026 are the balancing figures between audited figures in respect of the full financial year ended March 31, 2026 and unaudited published year-to-date figures up to December 31, 2025, being the end of the third quarter of the financial year, which was subjected to limited review. 4 During the three month period ended June 30, 2026, the Company allotted 37,006 equity shares, of face value on 5 each on exercise of stock options by the eligible employees under the prevailing Employee Stock Option Plan ('ESOP') schemes of the Company. 5 During the three month period ended June 30, 2026, tl1e Company entered into an agreement with an existing customer for licensing of software products, [Showing first 8,000 characters — download PDF for full document]