Allotment of 25,00,00,000 equity shares upon conversion of 25,00,00,000 warrants allotted on preferential basis

October 30, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Plot No. C/1, G Block, Bandra-Kurla Complex, Mumbai 400 001 Bandra (East), Mumbai 400 051 Scrip Code: 543940 Trading Symbol: JIOFIN Dear Sirs, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Allotment of 25,00,00,000 equity shares upon conversion of 25,00,00,000 warrants allotted on preferential basis This is further to the following disclosures dated: (a) September 3, 2025, intimating the allotment of 25,00,00,000 warrants each to Sikka Ports & Terminals Limited and Jamnagar Utilities & Power Private Limited, members of the promoter group of the Company on preferential basis; and (b) April 21, 2026, intimating allotment of 12,50,00,000 equity shares each to Sikka Ports & Terminals Limited and Jamnagar Utilities & Power Private Limited upon conversion of warrants held by them. The Stakeholders’ Relationship Committee of the Board of Directors of the Company, at its meeting held today, has allotted 12,50,00,000 equity shares of face value of Rs. 10/- each of the Company at a premium of Rs. 306.50/- per equity share each to Sikka Ports & Terminals Limited and Jamnagar Utilities & Power Private Limited upon conversion of the balance warrants held by them. The details of shareholding pre-allotment and post-allotment are as under: Sr. No. Particulars Pre-allotment Post-allotment 1 Paid-up equity shares of face 660,31,41,623 685,31,41,623 value of Rs. 10/- each 2 Paid-up equity share capital (Rs.) 6603,14,16,230 6853,14,16,230 3 % holding of Sikka Ports & 2.93% 4.65% Terminals Limited 4 % holding of Jamnagar Utilities & 3.84% 5.52% Power Private Limited 5 % holding of promoter and 49.13% 50.98% promoter group Jio Financial Services Limited Registered Address: 1st Floor, Building 4NA, Maker Maxity, Bandra Kurla Complex, Bandra East, Mumbai - 400051, India +91 22 3555 4094 | www.jfs.in | investor.relations@jfs.in | CIN: L65990MH1999PLC120918 The meeting of the Stakeholders’ Relationship Committee concluded at 10:10 a.m. (IST). This is for information and records. Yours faithfully, For Jio Financial Services Limited Mohana V Group Company Secretary and Compliance Officer Jio Financial Services Limited Registered Address: 1st Floor, Building 4NA, Maker Maxity, Bandra Kurla Complex, Bandra East, Mumbai - 400051, India +91 22 3555 4094 | www.jfs.in | investor.relations@jfs.in | CIN: L65990MH1999PLC120918