Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Investor Presentation for Q2 FY'27

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Thankinygo u, Youfraist hfully, FoSrB CIa radnsd P aymeSnetrv icLeism ited PayMailt tCahlh abra ChiCeofm pliOaffincceear n dC ompaSneyc retary Dataen dT imoefe ven-Otc:t ob2e32r,0 2a6t 2 :21PM Encl:.aa SBCIa radnsPd a ymeSnetr viLcteds. DLIFn fiTnoiwteTyro sw,Ce ,r Te1l8.0:0 1801290 RegisOtfefriecde : 12th Flo2o,Br u,i l3Bd,li oncgk Emaciuls:t omercare@sbUinc4ia0tr&1 d4 .0c24o,tFm hl oAogrg,a rMwialll eTnonwieurm, DLCFy ber City•1, 2 2G0u0r2uW,ge rbasmsi btiec:a rd.com E1 ,2N,e3t,Sa ujbih PalsahWc aez,i rNpeuwDr e,l• h1 i1 0034 Haryana, India CI•NL 6599199D9L8 PLC093849 INVESTOR PRESENTATION Q2 – 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 Q2 FY27 Key Highlights foGrN PQA 3bFelYow2 32%, New Accounts crossed 1.1Mn+ 11.06 lacs 2.32 Cr ₹ 110,689 Cr ₹ 58,376 Cr New A/cs  18% YoY CIF  8% YoY Spends  3% YoY Receivables  2% YoY  8%QoQ  3% QoQ  7% QoQ -- QoQ ₹ 778 Cr Cost to 58.7% 4.4% 18.4% PAT  75% YoY  193 bps YoY ROAA  180 bps YoY ROAE  631 bps YoY Income  17% QoQ  5 bps QoQ  54 bps QoQ  196 bps QoQ ssenisuB ecnalaB ytilibatiforP semuloV teehS 5.6% 1.90% 0.77% 26.5% GCL%  342 bps YoY GNPA  95 bps YoY NNPA  52 bps YoY CAR  393 bps YoY  98 bps QoQ  14 bps QoQ  6 bps QoQ  83 bps QoQ Portfolio Growths Key Business Metrics New Accounts (Lacs) Cards-in-force (Cr) Receivables (₹ Cr) 18% YOY 2% YOY 8% QOQ 8% YOY --% QOQ 3% QOQ 11.06 10.23 9.36 8.64 9.17 59,845 2.32 58,269 58,376 2.26 2.15 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Retail Spends (₹ Cr) 6% YOY 1% QOQ 89,611 91,962 89,786 94,033 95,299 Q2 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q1 FY27 Q2 FY27 Key Insights: Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27  ~1 Mn+ new accounts sourced in Q1 & Q2, grew 18 % YoY Corporate Spends (₹ Cr)  Retail Spends higher- broad based across categories 12% YOY 37% QOQ  IBNEA at ~55% of Receivables. 22,739 25,564 24,442 17,452 15,390 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Portfolio Growth Spend per Card (₹ ‘000) Receivable per Card (₹) 27,832 212 210 212 26,233 25,806 201 194 25,762 25,203 168 170 164 168 167 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Ret+Corp Ret Receivables(₹ Cr)/Mix % 30-day Retail spend active rate % 59,845 57,213 56,926 58,269 58,376 Interest Earning Receivables 56% 55% 55% 34% 34% 32% 33% 33% 53% 53% 53% 53% 22% 23% 22% 22% 22% 44% 44% 46% 45% 45% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Transactor Revolver EMI RReettaaiill SSppeennddss IInnssiigghhttss Online Spend % % Growth^ Spends Categories Total Spends POS Spends Online Spends 62.8% 62.5% Category 1 Departmental Stores, Health, Utilities, 6% 17% 11% Rental, Education & Direct Marketing 58.9% 57.9% Category 2 56.9% Consumer durables, Furnishing & 16% 5% 34% Hardware, Apparel & Jewelry Category 3 Travel Agents, Hotels, Airline, Railways, 14% 24% 11% Entertainment & Restaurant FY23 FY24 FY25 FY26 YTD FY27 ^Q2 FY27 Over Q2 FY26 | Category analysis excludes Fuel & Automotive Service category UPI Spends on Rupay Cards UPI Active CIF UPI Spends Avg. UPI Spend/Account/month Tier 1 26% 23% Rs. 18.9K Tier 2+ 74% 77% Rs. 21.5K • Q2 FY27 vs Q1 FY27 – Over 17% growth in UPI spends • Top 5 Categories for UPI Spends : Departmental Stores & Grocery | Fuel | Utilities | Electronics | Apparel *Active UPI users on Rupay Card Base of Sep’26. Data for UPI Retail spends only. Financial Update Key Financials ((AAllll ffiigguurreess iinn ₹₹ CCrr )) Revenue from operations PAT Trend 4,961 5,127 4,935 5,041 5,141 4% YOY 75% YOY 2% QOQ 44% YOY 17% QOQ 1,442 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 1,001 Interest Cost 664 4% YOY 760 785 714 745 787 6% QOQ Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27 Operating Cost Key Insights: 7% YOY 2,484 2,597 2,561 2,620 2,649 1% QOQ  PAT higher 17% QoQ and Revenue from operations grew ~2% QoQ Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27  Operating cost in line with previous quarter; Cost to Income @ Impairment on financial Instruments* 58.7% Credit Cost 1,293 1,222 1,097 948 819 37% YOY  Credit cost significantly lower @5.6% GWO 1,281 1,220 1,145 14% QOQ 1,013 849 12 (32) Provision (47) (65) Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 *Includes Gross Credit cost and impairment on other financial assets 10 P&L Summary (All figures in ₹ Cr ) Q2 FY27 Q1 FY27 QoQ YoY H1 FY27 YoY Revenue from operations(₹ Cr) Total Income 5,302 5,205 2% 3% 10,505 3% (Composition Mix %) -Revenue from Operations 5,141 5,041 2% 4% 10,181 3% -Interest Income 2,511 2,421 4% 1% 4,932 -1% -Fees & Other Revenue 2,630 2,620 0% 6% 5,249 8% 4,961 5,041 5,141 -Other Income 161 165 -2% -8% 324 -2% 6% 6% 6% 1,532 -3% Interest Cost 787 745 6% 4% 18% 17% 16% 5,268 14% Operating Cost 2,649 2,620 1% 7% Earning Before Credit Cost 1,865 1,841 1% -1% 3,705 -7% 26% 29% 29% Impairment on Financial 819 948 -14% -37% 1,766 -33% Instruments PBT 1,046 893 17% 74% 1,939 44% 50% 48% 49% PAT 778 664 17% 75% 1,442 44% Q2 FY26 Q1 FY27 Q2 FY27 Key Metrics Interest Income Spend Based Yield 16.1% 16.0% 16 bps -34 bps 16.0% -65 bps Instance Based & Others Subscription Based COF 6.6% 6.5% 8 bps 18 bps 6.6% -19 bps NIM 10.8% 10.8% -1 bps -42 bps 10.8% -40 bps Cost to Income 58.7% 58.7% -5 bps 193 bps 58.7% 516 bps Credit Cost 5.6% 6.5% -98 bps -342 bps 6.1% -321 bps ROA 4.4% 3.9% 54 bps 180 bps 4.2% 117 bps Asset Quality (All figures in ₹ Cr ) Asset Quality Receivables (₹ Cr) (Composition Mix %) Q2 FY27 Q1 FY27 QoQ YoY H1 FY27 YoY 59,845 58,269 58,376 Gross Credit Cost (A) 816 948 -14% -37% 1,764 -33% 2.8% 2.0% 1.9% 4.2% 3.6% 3.7% -Gross Write off 849 1,013 -16% -34% 1,862 -27% -Provision (32) (65) 51% -379% (98) -217% 93.0% 94.4% 94.4% Recoveries (B) 159 157 1% -6% 316 -3% Net Credit Cost (A-B) 657 791 -17% -41% 1,448 -38% Q2 FY26 Q1 FY27 Q2 FY27 Stage 1 Stage 2 Stage 3 Provision(₹ Cr) Gross Credit Cost % 5.6% 6.5% -98 bps -342 bps 6.1% -321 bps (% of NEA) -Gross Write off % 5.8% 7.0% -121 bps -312 bps 6.4% -258 bps 1,989 1,877# 1,844^ -Provision % -0.2% -0.5% 23 bps -30 bps -0.3% -63 bps ## ## 55.4% 59.9% 59.8% Net Credit Cost % 4.5% 5.5% -98 bps -332 bps 5.0% -315 bps PCR % 59.8% 59.9% -12 bps 433 bps 59.8% 433 bps ## ## 22.6% 21.7% 22.0% ECL % 3.0% 3.1% -11 bps -34 bps 3.0% -34 bps 0.9% 1.2%## 1.1%## Q2 FY26 Q1 FY27 Q2 FY27 GNPA % 1.90% 2.04% -14 bps -95 bps 1.90% -95 bps Stage 1 Stage 2 Stage 3 NNPA % 0.77% 0.83% -6 bps -52 bps 0.77% -52 bps # Includes additional provision of Rs 70 Cr as of 30th June 2026 ^includes additional provision of Rs.100 Cr as on 30th Sep 2026 Stage 2: 30-89 DPD and High Risk, Overlimit and Linked Accounts. ## Rates as per the ECL model Stage 3: 90-179 DPD andSettled, Restructured, Deceased and Linked Accounts. 1133 Portfolio Insight New Accounts Salaried Category 32% 21% 29% 45% 36% 30% 20% 19% 47% SBI Open Market Govt/PSU Cat A Cat B Under 30 31-45 >45 Tier 1 Tier 2 Tier 3 Others 42% 34% Govt/P [Showing first 8,000 characters — download PDF for full document]