Press Release

Date: 15th October 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G Bandra Kurla Complex, Dalal Street, Fort, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 BSE Scrip Code: 544179 NSE Symbol: GODIGIT Subject: Intimation under Regulation 30 of the SEBI Listing Regulations – Press Release by promoter Dear Sir/Madam, Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), this is to inform that Go Digit General Insurance Limited (the “Company”) is in receipt of the news release issued by Fairfax Financial Holdings Limited, the parent of the Company’s promoter, FAL Corporation, on 14 October 2026 titled “Fairfax Declared ‘Strategic Buyer’ in Auction to Acquire Interest in IDBI Bank; Plans to Contribute Digit Insurance and IIFL Capital to IDBI Bank” (the “Release”). A copy of the Release is enclosed as Annexure A. The above information is being made available on the Company’s website at www.godigit.com/investor- relations. This is for your information. We request you to kindly take the same on record. Thanking you. Yours sincerely, For Go Digit General Insurance Limited Tejas Saraf Company Secretary & Compliance Officer Encl.: as above Go Digit General Insurance Limited | Registered Office: 1 to 6 Floors Ananta One (AR One), Pride Hotel Lane, Narveer Tanaji Wadi, City Survey No. 1579, Shivajinagar Pune - 411005 Maharashtra | CIN: L66010PN2016PLC167410 | IRDAI Reg. No: 158 Website www.godigit.com Email Id: hello@godigit.com Toll free 1800-258-5956 FAIRFAX News Release TSX Stock Symbol: FFH and FFH.U FAIRFAX INDIA News Release TSX Stock Symbol: FIH.U TORONTO, October 14, 2026 Fairfax Declared “Strategic Buyer” in Auction to Acquire Interest in IDBI Bank; Plans to Contribute Digit Insurance and IIFL Capital to IDBI Bank Fairfax Financial Holdings Limited (“FFHL”) (TSX: FFH and FFH.U) and Fairfax India Holdings Corporation (“FIH”, and together with FFHL, collectively, “Fairfax”) (TSX: FIH.U) jointly announce today that the Government of India has declared a wholly-owned subsidiary of FFHL (the “Fairfax Purchaser”) the “Strategic Buyer” for a 60.72% equity stake in IDBI Bank Limited (“IDBI Bank”) pursuant to the Government of India’s proposed strategic disinvestment of IDBI Bank. Under the terms of its bid, the Fairfax Purchaser (or an affiliate of it) would acquire the equity stake in IDBI Bank (the “Purchase Transaction”) at a price of INR 81 per share for a total of approximately INR 528.78 billion (approximately US$5.6 billion), representing a premium to the book value of IDBI Bank as of June 30, 2026, as measured pursuant to Indian Accounting Standards, of approximately 23%. “We are very excited to be selected by the Government of India to be the purchaser of the Government’s interest in IDBI Bank,” said Prem Watsa, Chairman and Chief Executive Officer of FFHL. “We thank Prime Minister Narendra Modi and his team for undertaking a highly transparent and competitive process before selecting us as the buyer. We assure the Government of India that we are committed to building the world’s finest financial institution from India. This transaction represents a once-in-a-lifetime opportunity to purchase a majority interest in a bank in one of the world’s fastest growing economies and to combine it with a successful and growing insurance company and an established provider of investment banking and wealth management services in the same jurisdiction. We intend to support India’s journey toward Viksit Bharat and a US$30+ trillion economy, and our ambition is to play a critical role in the Prime Minister’s vision of India as a developed economy by 2047. We believe a successful IDBI Bank can transform the lives of average Indian citizens, and our vision is to help enhance India’s credit-to-GDP ratio. Combining IDBI Bank, Digit, and IIFL Capital would create an entity that is well-positioned to participate in the continued growth and success of Indian markets, and we expect it will provide meaningful and significant benefits to Indian consumers and businesses, as well as to IDBI Bank, Digit, IIFL Capital and to Fairfax for many decades to come. We believe that a unified financial services company that can offer a one-stop solution for the financial needs of Indians will be of significant benefit to India and its economy and represents an incredible opportunity for IDBI Bank and Fairfax to benefit from the continued growth of an emerging market with a growing middle class. We expect bank assets and deposits in India to continue to grow, and we feel that a newly-revitalized IDBI Bank that can also offer clients insurance products through Digit and investment banking and wealth management services through IIFL Capital would be in a very competitive position to take advantage of this growth.” Fairfax’s objective in buying the 60.72% interest in IDBI Bank is to make it, over time, a leading global Indian bank headquartered in India. To assist in achieving this objective, Fairfax proposes to contribute all of FFHL’s interests in Go Digit Life Insurance Limited and Go Digit General Insurance Limited (collectively, “Digit”) and all of FIH’s interest in IIFL Capital Services Limited (“IIFL Capital”) to IDBI Bank. As a leading unified Indian financial services company, IDBI Bank would have the ability to become a leading provider of not just banking services in India, playing a critical role in enhancing India’s credit-to-GDP ratio, but also property and casualty insurance services, investment banking and wealth management services, and has the potential to significantly transform the lives of average Indian citizens. Among other necessary approvals, the approval of the Reserve Bank of India will be required in connection with the proposed contribution of Digit (the “Digit Contribution”) and the proposed contribution of IIFL Capital (the “IIFL Capital Contribution”, and together with the Digit Contribution, the “Contribution Transactions”) and Fairfax’s plan to create a leading Indian global bank. “We are very excited about the prospect of combining Digit with IDBI Bank as it would significantly strengthen Digit’s distribution footprint, allowing us to continue our growth and service offerings for the benefit of all Indians,” said Kamesh Goyal, Founder and Chairman of Digit. “This partnership would create a unique opportunity for IIFL Capital to accelerate growth across investment banking, institutional equities, wealth and asset management,” said Nirmal Jain, Founder of IIFL Group. “By combining our capital markets expertise with the scale and customer reach of a leading bank, we can bring a broader range of investment and wealth solutions to millions of customers. Given the significant under-penetration of wealth and asset management in India, we believe this combined platform would be exceptionally well positioned for long-term growth.” Fairfax currently expects the purchase price for the Purchase Transaction to be satisfied through a combination of cash on hand or otherwise available to Fairfax through existing credit sources and potential asset sales. In connection with the Contribution Transactions, Digit and IIFL Capital would be contributed to IDBI Bank at their respective market prices, all in accordance with all applicable law and regulation. In addition to the approval of the Reserve Bank of India and all other necessary legal and regulatory approvals, each of the Contribution Transactions will be subject to the review and the approval of the Securities and Exchange Board of India, and the Digit Contribution will be subject to the approval of the Insurance Regulatory and Development Authority of India. Following the consummation of the proposed Purchase Transaction and Contribution Transactions, Fairfax expects that the operations of the newly combined company would co [Showing first 8,000 characters — download PDF for full document]