Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Investor Presentation for Q1 FY'27

Jul2y4 2,0 26 TheB SEL imited TheN atioSntaolcEx kc hangoefI ndia CorpoRrealtaet ionship DepLaritmmietnetd PhirJoezeej eeTbohwoeyr s, ExchanPglea zCa-,1B ,l oGc,k DalalS treet, Bandra-CKoumrpllae x. Mumba-4i0 00 01 Bandr(aE M)u,m bai-4 000 51 SCRICPO DE5:4 3066 SYMBOSLB:I CARD SECURIETqYu:i Sthya res/DebenStEuCrUeRsI ETqYu:i Sthya res DearS irs, Re:D isclousnudreeRr e gula3t0io ofSn E B(IL istOibnlgi gatainodDn iss closure RequiremeRnetgusl)a tio2n0s1,5- Copyo f Presentamtaidoenfo r Analysts/IonnvF eisntaonrRcsei saull ts Inc ompliwainttchhe pe r ovisioofRn esgu lat3i0ro ena wdi tShc hedIuIPlIae rA to fS EBI (ListOibnlgi gaantdi oDniss cloRseuqruei remReengtusl)a t2i0o1n5ws,e, e nclose herewaic tohpo yfp resentmaatdfoiero A nn alysts/InovnFe isntaonrRcsei salu olftt hse Companfoyr t hqeu aretnedreJ du n3e0 2,0 26. Thes amei sal sob eiunpgl oaodnet dhw ee bsoiftt heCe o mpanaytw ww.sbicard.. com Kindtlakyet hsea moen r ecord. Thankiynogu , Yourfsai thfully, FoSr BIC ardasn dP aymeSnetrv icLeism ited PayMailt taClh habra CheifC ompliaOffinccee&r CompanSye cretary Dat&e T imeo fe ven-tJ :u l2y4 2,0 2a6t 0 4:0P4M Encl:.aa SBCIa radnsPd a ymeSnetr viLcteds. DLIFn fTionwietTryos w,Ce ,r Te1l8.0:0 1801290 RegisOtfefriecde : 12tFhl oBolro2,c,B k u il3d,i ng Emaciuls:t omercare@sUbni4ic0t&a1 4 r 0d24.,tcF hol moA ogrg,a Mriwlalle Tnonwieurm, DLCFy bCeirtG yu,r ug-1r2a2m0 02W,e bssibtiec,a rd.com E1 ,2N,e3tS,au jbih PalsaWhca ez,i NrepwuD re,l-1 h1i0 034 HaryIanndai,a CI-NL 6599199D9L8 PLC093849 INVESTOR PRESENTATION Q1 – FY 2026-27 INDEX 1 Key Highlights 2 Portfolio Growth 3 Financial Update 4 Asset Quality 5 Borrowings & Capital Adequacy 6 ESG 7 Shareholders Summary 8 Annexures Key Highlights Key Highlights for Q1 FY27 Key HighligGhrtoss sf oCrr eQdit3 cFoYst2 b3elow 7%, New Accounts Crossed 1Mn+ 10.23 lacs 2.26 Cr ₹ 118,475 Cr ₹ 58,269 Cr New A/cs CIF Spends Receivables  17% YoY  7% YoY  27% YoY  3% YoY  11%QoQ  2% QoQ  3% QoQ  2% QoQ ₹ 664 Cr 58.7% 3.9% 16.5% Cost to PAT 20%YoY  846 bps YoY ROAA  51 bps YoY ROAE 72 bps YoY Income  9% QoQ 149 bps QoQ  26 bps QoQ  89 bps QoQ ssenisuB ecnalaB ytilibatiforP semuloV teehS 6.5% 2.04% 0.83% 25.6% GCL%  301 bps YoY GNPA  102 bps YoY NNPA  59 bps YoY CAR  242 bps YoY  116 bps QoQ  36 bps QoQ  21 bps QoQ  18 bps QoQ Portfolio Growth Key Business Metrics New Accounts (Lacs) Cards-in-force (Cr) Receivables (₹ Cr) 17% YOY 3% YOY 11% QOQ 7% YOY 2% QOQ 2% QOQ 10.23 8.73 9.36 8.64 9.17 2.26 2.21 56,926 58,269 56,607 2.12 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Retail Spends (₹ Cr) 14% YOY 5% QOQ 89,611 91,962 89,786 94,033 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 82,404 Key Insights: Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 ▪ ~1Mn+ New accounts sourced Corporate Spends (₹ Cr) ▪ Retail Spends higher broad based across categories 125% YOY 4% QOQ ▪ Receivables grew ~3% YoY and IBNEA at ~55% of Overall 25,564 22,739 24,442 Receivables. 17,452 10,840 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Portfolio Growth Spend per Card (₹ ‘000) Receivable per Card (₹) 27,832 26,710 212 210 212 26,233 201 25,762 25,806 168 170 164 168 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Ret+Corp Ret Receivables(₹ Cr)/Mix % 30-day Retail spend active rate % 56,607 59,845 57,213 56,926 58,269 Interest Earning Receivables 60% 54% 55% 53% 53% 52% 53% 36% 34% 34% 32% 33% 24% 22% 23% 22% 22% 40% 44% 44% 46% 45% Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Transactor Revolver EMI Retail Spends Insights Online Spend % % Growth^ Spends Categories Total Spends POS Spends Online Spends 63.0% 62.5% Category 1 Departmental Stores, Health, Utilities, 10% 5% 14% Rental, Education & Direct Marketing 58.9% Category 2 57.9% Consumer durables, Furnishing & 25% 15% 42% 56.9% Hardware, Apparel & Jewelry Category 3 Travel Agents, Hotels, Airline, Railways, 87% 7% 112% Entertainment & Restaurant FY23 FY24 FY25 FY26 Q1FY27 ^Q1 FY27 Over Q1 FY26 | Category analysis excludes Fuel & Automotive Service category | Above data as per MCC data received from networks UPI Spends on Rupay Cards UPI Active CIF UPI Spends Avg. UPI Spend/Account/month Tier 1 24% 20% Rs. 17.8K Tier 2+ 76% 80% Rs. 21.4K • Q1 FY27 vs Q4 FY26 – Over 13% growth in UPI spends • Top 5 Categories for UPI Spends : Departmental Stores & Grocery | Fuel | Utilities | Restaurant | Apparel *Active UPI users on Rupay Card Base of Jun’26 Financial Update Key Financials (All figures in ₹ Cr ) Revenue from operations PAT Trend 4,877 4,961 5,127 4,935 5,041 3% YOY 20% YOY 2% QOQ 9% QOQ Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Interest Cost 556 557 8% YOY 813 760 785 714 745 4% QOQ Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Operating Cost Key Insights: 23% YOY 2,484 2,597 2,561 2,620 2,123 2% QOQ ▪ Higher PAT driven by improved credit cost Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Impairment on financial Instruments* ▪ Higher operating cost driven by Business growth Credit Cost 1,352 1,293 1,222 1,097 948 30% YOY ▪ Credit cost declines to 6.5% vs 7.7% in last quarter GWO 1,280 1,281 1,220 1,145 1,013 14% QOQ Provision 12 (47) (65) Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 *Includes Gross Credit cost and impairment on other financial assets 10 P&L Summary (All figures in ₹ Cr ) Q1 FY27 Q4 FY26 QoQ YoY Revenue from operations(₹ Cr) Total Income 5,205 5,187 0% 3% (Composition Mix %) -Revenue from Operations 5,041 4,935 2% 3% -Interest Income 2,421 2,382 2% -3% -Fees & Other Revenue 2,620 2,553 3% 10% 4,877 4,935 5,041 -Other Income 165 252 -35% 4% 6% 6% 6% Interest Cost 745 714 4% -8% 19% 18% 17% Operating Cost 2,620 2,561 2% 23% Earning Before Credit Cost 1,841 1,913 -4%^ -12% 24% 28% 29% Impairment on Financial Instruments 948 1,097 -14% -30% PBT 893 816 9% 19% 51% 48% 48% PAT 664 609 9% 20% Q1 FY26 Q4 FY26 Q1 FY27 Key Metrics Interest Income Spend Based Yield 16.0% 16.2% -20 bps -102 bps Instance Based & Others Subscription Based COF 6.5% 6.4% 13 bps -59 bps NIM 10.8% 11.1% -28 bps -41 bps Cost to Income 58.7% 57.2% 149 bps 846 bps Credit Cost 6.5% 7.7% -116 bps -301 bps ROA 3.9% 3.6% 26 bps 51 bps Note- Above Yield, COF,NIM, Credit cost and ROA are calculated upon four-point averages ^ Adjusted QoQ EBCC growth (excl. 1-offs in Mar’26 & Jun’26) ~4.6% 11 Asset Quality (All figures in ₹ Cr ) Asset Quality Receivables (₹ Cr) (Composition Mix %) Q1 FY27 Q4 FY26 QoQ YoY 56,607 56,926 58,269 Gross Credit Cost (A) 948 1,098 -14% -30% 3.1% 2.4% 2.0% -Gross Write off 1,013 1,145 -12% -21% 4.7% 3.7% 3.6% -Provision (65) (47) 38% -191% 92.2% 93.9% 94.4% Recoveries (B) 157 189 -17% 0% Net Credit Cost (A-B) 791 909 -13% -34% Q1 FY26 Q4 FY26 Q1 FY27 Stage 1 Stage 2 Stage 3 Provision(₹ Cr) Gross Credit Cost % 6.5% 7.7% -116 bps -301 bps (% of NEA) -Gross Write off % 7.0% 8.0% -104 bps -206 bps 1,978 1,942# 1,877^ -Provision % -0.5% -0.3% -12 bps -96 bps ## ## 54.3% 57.6% 59.9% Net Credit Cost % 5.5% 6.4% -91 bps -299 bps PCR % 59.9% 57.6% 230 bps 553 bps ## ## 22.0% 21.5% 22.2% ECL % 3.1% 3.0% 8 bps -39 bps ## ## 0.9% 0.9% 1.2% Q1 FY26 Q4 FY26 Q1 FY27 GNPA % 2.04% 2.41% -36 bps -102 bps Stage 1 Stage 2 Stage 3 NNPA % 0.83% 1.04% -21 bps -59 bps # Includes additional provision of Rs 220 Cr as of 31st March 2026 out of which 180 Cr has been utilized for Annual Review and Refresh Stage 2: 30-89 DPD and High Risk, Overlimit and Linked Accounts. of the ECL Model in Q1 FY’27. Stage 3: 90-179 DPD andSettled, Restructured, Deceased and Linked Accounts. ^Provision in Q1FY27 lower by 135 Cr on account of improved portfolio mix; of which 65 Cr written back and 70 Cr retained. 1133 # # Rates as per the ECL model , Portfolio Insight New Accounts Salaried Category 32% 21% 29% 45% 35% 30% 20% 20% 48% SBI Open Market Govt/PSU Cat A Cat B Under 30 31-45 >45 Tier 1 Tier 2 Tier 3 Others 42% 34% Govt/PSU Cat A Cat B gnicruoS 72YF Age Profile By City Tier 1.04 0.88 SBI Open Market ecroF -sdraC 1.02 1.02 0.80 19% 1 [Showing first 8,000 characters — download PDF for full document]