Investor Presentation

Classified as Internal Listing Department Department of Corporate Service National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, G Block, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai - 400 051. Mumbai - 400 001. Symbol: ANGELONE Scrip Code: 543235 Dear Sirs/ Ma’am, Sub: Investor(s) Presentation With reference to above captioned subject, please find attached Investor presentation. The Presentation will be uploaded on the Company's website at www.angelone.in Request you to kindly take the same on record. Thanking you, For Angel One Limited Naheed Patel Company Secretary and Compliance Officer ACS: 22506 Date: October 15,2026 Place: Mumbai Encl: As above Corporate & Regd Office: Angel One Limited 601, 6th Floor, Ackruti Star, Central Road, MIDC, CIN: L67120MH1996PLC101709, Andheri (E), Mumbai - 400093. SEBI Registration No Stock Broker:INZ000161534, T: (022) 4000 3600 CDSL: IN-DP-384-2018, PMS:INP000001546, F: (022) 4000 3609 Research Analyst: INH000000164, Investment Advisor: INA000008172, E: support@angelone.in AMFI Regn. No. ARN–77404, PFRDA, Regn. No.-19092018. www.angelone.in Classified as Public Classified as Internal One Platform For Every Financial Journey Of India From a first investment to a family's wealth — one ecosystem for every stage of life 40.0 Mn 1.5 Mn ₹ 1.7 Trn users gross acquisitions assets under custody Q2 ‘27 | Investor Presentation 15th October 2026 Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Angel One Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the broking industry in India, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections. C H A P T E R 1 A generational opportunity A billion-person economy becoming digital — under-penetrated in finance and compounding for decades Large population Significantly under served Rising incomes Increasing financial needs Digital-led fulfilment 1. OPPORTUNITY 2. PLATFORM 3. ENGINES 4. ABOUT US 5. PERFORMANCE 6. ANNEXURE A billion people market, sustained runway of growth RISING INCOME à RISING SAVINGS à RISING INVESTMENTS INDIA POPULATION FUNNEL · HIGHLY UNDERPENETRATED EQUITY + MF SHARE OF HOUSEHOLD GROSS FINANCIAL ASSETS (FY26) ~1.5 Bn Total population · median age ~29 yrs 13.2% Flows of Equity + MF ~1.0 Bn Working-age population WITHIN HOUSEHOLD SAVINGS (FY25) >135 Mn Unique demat accounts on NSE (Aug’26) 11.8% Financial Savings Rate (% of GNDI) >46 Mn NSE active clients (Sep’26) INDIA’S GDP – DOUBLED IN LAST 10 YEARS 3.2% equity penetration of total population · Structural multi-decadal compounding opportunity ~US$ 4.5 Trn Economic Engine DIGITAL INFRASTRUCTURE ENABLING THE SHIFT Smartphone penetration Rural 76% Cost of data, per GB Internet connections 97% 4.3x 2025 (for 15+ years of age) Urban 86% ₹ 308 (Mar’14) à ₹ 8 (Mar’26) 252 Mn (Mar’14) à 1,093 Mn (Mar’26) 4 Source: RBI, United Nations (Population Division), NSE, IMF, MOSPI, TRAI, PIB Wealth and Credit: Large and growing pool INDIA’S WEALTH MANAGEMENT INDUSTRY DIGITAL NBFCs ENABLING CREDIT ACCESS CAGR Expected: 25-30% over 10 years Personal Loan Sanction Value (₹ Trn) ₹ 2.6 Trn at 2.1 Q1‘27 run rate 2.4x US$ 1.1 trn 1.5 FY24 TRIPLE MULTIPLIER GROWTH DRIVERS FY23 FY24 FY25 FY26 Q1 '27 Growing HNI base Asset appreciation Incremental savings STRATEGIC SUCCESS DRIVERS ADOPTION - LED BY YOUNGER & BEYOND METRO BORROWERS • Portfolio approach 58% 68% • Tech enabled delivery – Scalable, Low-cost model • Broaden access to professional, institutional-level advice Q1’27 sanction value <35 years Q1’27 share from Tier 2 and beyond Source: Deloitte: Financial wealth management services in India: A US$1.6 trillion AUM growth opportunity over FY24–29, FACE: Digital Personal LoansApr-Jun 2026 5 (1) Numbers are rounded off to the nearest number / decimal C H A P T E R 2 One ecosystem, every journey Win the user once, then serve every financial need across their lifetime, leveraging technology Starting out Building Establishing Accumulating Preserving 1. OPPORTUNITY 2. PLATFORM 3. ENGINES 4. ABOUT US 5. PERFORMANCE 6. ANNEXURE Angel One platform’s engagement flywheel One user · Many financial journeys · Compounding lifetime value The platform moat User scale Acquire Large, fast-growing base = distribution advantage at scale High engagement Grow Engage wallet share frequently Multiple touchpoints create more interactions ANGEL ONE PLATFORM Data advantage User · Data · Engagement Every trade, SIP, login & transaction sharpens insight Expand Capture Built-in intelligence product adoption first-party data AI lifts engagement, servicing & retention Personalise Multi-product depth with AI Enabling cross sell across the entire lifecycle of the user ↻ Higher engagement → richer data → smarter AI → more profitable monetisation Revenue compounds from deeper relationships, not just new users. 3.7 Mn 40.0 Mn ₹ 1.7 Trn High Compounding MF ever users, of which >39% were users on the platform users assets held on the platform operating leverage from second year LTV for every cohort over time activated by MF (1) Numbers are rounded off to the nearest number / decimal Partner for every stage of life As user’s life evolves, their financial needs diversify — Angel One has the right offering for every stage Illustrative product engagement across various stages of life Early career Building up Family & assets Peak wealth Preservation • First SIP • Equities & commodities • Investing • Domestic & global investing • Fixed income • Cash equity • Mutual funds • Credit • Wealth products • Bonds • Personal loans • Insurance • Fixed income • Advisory • FDs • Wealth onboarding • Credit • Estate & legacy CONSIST [Showing first 8,000 characters — download PDF for full document]