Recommendation of appointment of Joint Statutory Auditors effective from conclusion of 42nd Annual General Meeting (AGM)

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: - Recommendation of appointment of Joint Statutory Auditors effective from conclusion of 42nd Annual General Meeting (AGM) – Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/ Madam, Pursuant to RBI guidelines for Appointment of Statutory Auditors dated April 27, 2021 and based on recommendations of the Audit Committee, the Board of Directors has proposed the appointment of M/s Suri & Co, Chartered Accountants, Chennai (Firm Registration Number: 004283S and Peer Review Certificate No: 016670), as the Joint Statutory Auditors of the Company for a continuous period of three years from the conclusion of 42nd AGM up to the conclusion of 45th AGM, for approval of the shareholders. Disclosure 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 As per guidelines for appointment of Statutory Auditors issued by Reserve Bank of India (RBI), for entities with asset size of Rs 15,000 crore and above at the end of previous year, the statutory audit should be conducted under joint audit of minimun of two audit firms Consequently, based on recommendations of the Audit Committee, the Board has proposed to the shareholders, the appointment of M/s Suri & Co, Chartered Accountants (FRN: 004283S and Peer Review Certificate No: 016670) as the Joint Statutory Auditors of the company for a continuous period of three years from the conclusion of 42nd AGM up to the conclusion of 45th AGM. 2 Date of appointment 3 years, from the conclusion of ensuing 42nd AGM till the and conclusion of 45th AGM. Term of Appointment 3 Brief Profile M/s Suri & Co, Chartered Accountants was constituted in 1939 and is registered with the Institute of Chartered Accountants of India (ICAI) with Registration No. 004283S having Peer Review Certificate No: 016670. They have over 8 decades of experience in Statutory Audits, Risk Management, Advisory, Compliance, Technology etc. With a team of experienced partners and professionals across multiple offices in India, the firm has extensive experience in serving listed companies, banks, NBFCs, financial institutions, and other corporates across diverse industry sectors. The registered office of Suri & Co is 443 & 445, 4th Floor, Main Building, Guna Complex, Anna Salai, Teynampet, Chennai – 600018.