Appointment of Mr. Sreeram Ranganathan Iyer as Additional Director, designated as a Non - Executive Independent Director, with effect from July 25, 2026

Date: July 25, 2026 The National Stock Exchange of India Limited, BSE Limited Exchange Plaza, Listing department, Bandra-Kurla Complex, First floor, PJ Towers, Bandra (E), Mumbai 400 051 Dalal Street, Fort Mumbai 400 001 Symbol: FIVESTAR Scrip code: 543663,974905,975246,975598 Sub: - Intimation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, (“SEBI LODR Regulations”) Dear Sir/ Madam In terms of the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, (“SEBI LODR Regulations”), this is to inform that the Board of Directors of the Company at its meeting held today i.e, Saturday, July 25, 2026, has inter-alia, considered and approved the following: 1. Based on recommendations of the Nomination & Remuneration Committee and subject to approval of shareholders, the Board of Directors approved the appointment of Mr. Sreeram Ranganathan Iyer (DIN:00472961) as Additional Director, designated as a Non-Executive Independent Director, not liable to retire by rotation, for the first term of 5 (five) consecutive years effective today i.e July 25, 2026. Mr. Sreeram Ranganathan Iyer has confirmed that he meets the criteria of independence under Section 149 of the Companies Act, 2013, and Regulation 16 of the SEBI LODR Regulations. Disclosure required under Regulation 30 read with Part A of Schedule III of SEBI LODR Regulations read with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated January 30, 2026, is enclosed as Annexure I This disclosure is also available on the website of the Company at Compliances – Five-Star Group. Kindly take the above information on record. For Five-Star Business Finance Limited Vigneshkumar SM Company Secretary & Compliance Officer Annexure I Disclosure under Regulation 30 Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular no. HO/49/14/14(7)2025-CFD- POD2/l/3762/2026 dated January 30, 2026, as updated S.No. Particulars Information of such events 1 Reason for change Appointment of Mr Sreeram Ranganathan Iyer (DIN: 00472961) as an Additional Director in the capacity of Non – Executive Independent Director of the Company for a period of 5 years with effect from July 25, 2026, subject to approval of shareholders at ensuing Annual General Meeting. 2 Date of appointment 5 (Five) years, Effective from July 25, 2026 Term of Appointment 3 Brief Profile Sreeram Ranganathan Iyer a global banker and a business leader with over 33 years of experience in international banking. Until recently, he served as the global Chief Operating Officer of a leading international bank, for the Corporate and Institutional Banking business, overseeing operations across approximately 25 countries. During his career, he held several strategic leadership roles covering India, the Middle East, Asia, Pacific, Australia, and New Zealand. Notably, he also led the Bank's Global Capability Centres in India and Manila, comprising a workforce of about 12,000 employees. Over decades, he has instigated change within organisations through large investments to deploy emerging technologies for digital transformation, to enhance customer experience and to create value sustainably. As the former CEO of Scope International, he established and scaled up Standard Chartered's global shared services operations in India and other markets. Sreeram is a qualified MBA, CFA, Company Secretary and Cost Accountant, with executive learnings from MIT and London Business School. Disclosure of relationships Not Applicable between directors (in case of appointment of a director) Information as required Mr. Sreeram Ranganathan Iyer (DIN: 00472961) is not debarred pursuant to BSE Circular from holding the office of Director by virtue of any SEBI Order with ref. no. or any other such Authority LIST/COMP/14/2018- 19 and the National Stock Exchange of India Ltd with ref. no. NSE/CML/2018/24, dated June 30, 2018