Investor Presentation

Ref No: 17/SE/CS/OCT/2026-27 Date: October 29, 2026 Listing Department L i s t i n g & Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor Dalal Street, Mumbai – 400001 Plot No. C/1, “G” Block Bandra- Kurla Complex Bandra(E), Mumbai- 400051 BSE Scrip Code: 544020 NSE Symbol: ESAFSFB Dear Sir/ Madam, SUB: INVESTOR PRESENTATION FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 Pursuant to Regulation 30 of the of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (''Listing Regulations"), we enclose herewith a copy of the presentation to be made by the Bank with the Investors and analysts on the business and financial performance of the Bank for the quarter and half year ended September 30, 2026. The copy of the disclosure is also being made available on the website of the Bank at https://www.esaf.bank.in/investor-relation/?id=presentation-and-concall-transcript. Requesting you to take the same on records. Thanking you Yours Faithfully, For ESAF Small Finance Bank Limited Ranjith Raj. P Company Secretary and Compliance Officer Investor Presentation | Q2 FY2027 October 2026 Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by ESAF Small Finance Bank Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the Company’s ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cashflows, the Company's market preferences and its exposure to market risks, as well as other risks. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections. All Maps used in the Presentation are not to scale. All data, information and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness. Key Highlights – Q2 FY2027 Total Business * Net Interest Income Operating Profit Net profit Net NPA ₹ 53,450 Crore ₹ 643 Crore ₹ 362 Crore ₹ 160 Crore 0.3% Gross Advances Yield on Advances GNPA RoA/RoE ₹ 23,934 Crore 17.5% ₹ 679 Crore 1.5%/26.5% ₹ 19,137 Crore (Q2 FY26) 15.4% (Q2 FY26) ₹ 1,635 Crore (Q2 FY26) (1.5)%/(21.3)% (Q2 FY26) Deposits Cost of Deposits NNPA CRAR ₹ 28,466 Crore 7.0% ₹ 80 Crore 24.1% ₹ 22,894 Crore (Q2 FY26) 7.3% (Q2 FY26) ₹ 696 Crore (Q2 FY26) 22.4% (Q2 FY26) CASA NIM PCR Cost to Income ₹ 6,645 Crore 8.2% 94.0% 57.7% ₹ 6,046 Crore (Q2 FY26) 5.9% (Q2 FY26) 74.4% (Q2 FY26) 81.7% (Q2 FY26) * Total Business includes IBPC Deposits 25,475 Deposit Profile (1/2) Total Deposits (₹ Crs) CASA and Term Deposit (₹ Crs) 26.4% 25.1% 23.9% 23.4% 23.3% 28,466 26,924 21,821 25,850 20,627 19,670 24,006 17,976 22,894 16,848 6,046 6,030 6,181 6,297 6,645 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Term Deposits CASA CASA % • Total Deposits grew by 24% YoY and 6% over the previous quarter • CASA at ₹ 6,645 crore grew by 10% YoY and CASA ratio stood at 23.3% • Term Deposit growth of 30% YoY was driven by increase in both retail and bulk deposits • Retail share of deposits stands at 89%. Retail deposits have crossed ₹25,000 crore this quarter to reach ₹25,475 crore Deposit Profile (2/2) Cost of Funds and Cost of Deposits (%) State Wise Deposit Mix (September-26) Kerala 71% 7.4 Maharashtra 5% 7.2 7.2 7.1 Tamil Nadu 5% New Delhi 5% 7.0 7.0 Madhya Pradesh 3% Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Others 11% Cost of Funds Cost of Deposits Retail Deposits (₹ Crs) and contribution to Total Deposits (%) NRE/NRO Deposits (₹ Crs) and contribution to Total Deposits (%) 25,475 24,487 5,823 23,674 5,445 5,249 22,426 4,966 4,982 22,082 (96%) (93%) (92%) (91%) (89%) (22%) (21%) (20%) (20%) (20%) Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 6 Advances Total Gross Advances Mix Total Gross Advances Mix (₹ Crs) 24.3 26.2 27.9 28.3 28.8 • Total Gross Advances grew by 25% on YoY basis and 19,137 20,679 22,426 23,216 23,934 3% on QoQ basis • Secured Advances grew by 32% YoY and make up 64% 1,704 2,366 551 of the portfolio as of September 2026 3,206 • MARG portfolio comprising of MSME, Agriculture, 3,721 867 7,740 Retail and Gold Loans has grown by 38% YoY and 8% 4,844 862 7,347 (32%) 6,421 (32%) QoQ. 4,582 (29%) (22%) 3,314 • Emerging Household portfolio comprising of small (17%) ticket loans provided to individuals, small entrepreneurs etc. has grown by 134% YoY and 5% 13,938 QoQ 12,909 11,514 11,932 (58%) 10,133 (56%) (56%) (53%) • Micro Finance comprising of group loans have (53%) declined by 65% YoY and 28% QoQ. This is in line with the Bank’s strategy of graduating eligible microfinance Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 customers to the Emerging Household (EH) segment. Corporate Loans Emerging Household Gross Advances/Branch (₹ Crs) Micro Finance MARG Loans Total Gross Advances (₹ Crs) Gross Advances segments are based on internal classifications and are realigned as per the bank strategy M.A.R.G Strategy – Road towards sustainable growth with a de-risked business Gross Advances of MARG portfolio (₹ Crs) and its contribution (%) Total GNPA (%) of MARG portfolio 22% 43% 53% 58% 0.2 0.2 0.2 13,938 11,932 Mar-24 Mar-25 Mar-26 Sep-26 7,996 Yield on Advances (%) of MARG portfolio 4,055 13.4% 13.9% 12.9% 12.5% Mar-24 Mar-25 Mar-26 Sep-26 Mar-24 Mar-25 Mar-26 Sep-26 M – MSME, A – Agriculture, R – Retail, G – Gold MARG represents our core secured lending pillars that drive responsible expansion while balancing risk and profitability. M.A.R.G – Gold and Retail contributing steady growth Gross Advances (₹ Crs) Asset Quality (₹ Crs) 10,133 11,514 11,932 12,909 13,938 61 69 56 55 54 GNPA 628 407 600 381 2,326 393 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 452 2,172 2,080 441 1,881 1,085 1,741 SMA 0 SMA 1 294 272 196 187162 9,728 10,456 110105 26 85 29 25 102 46 48 SMA 2 8,669 8,858 7,500 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Yield on Advances (%) [Showing first 8,000 characters — download PDF for full document]