Outcome of Board Meeting

Reference No.: SEC/ SE/ 69/ 2026 - 27 Date: June 23, 2026 BSE Limited National Stock Exchange of India International Phiroze Jeejeebhoy Towers India Limited Exchange (IFSC) Ltd Dalal Street 5th Floor, Exchange Plaza 1st Floor, Unit No. 101, The Mumbai- 400001 Bandra (East) Signature, Scrip Code: 531213 Mumbai – 400 051 Building no. 13B, Road 1C, Scrip Code: MANAPPURAM Zone 1, GIFT SEZ, GIFT City, Gandhinagar, Gujarat – 382355 Dear Madam/ Sir(s), Subj: Outcome of the Meeting of the Board of Directors of Manappuram Finance Limited held on June 23, 2026 Ref: Our intimation bearing reference no. SEC/SE/63/2026-27, dated June 18, 2026 Pursuant to Regulation 30, 51 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that the Board of Directors of Manappuram Finance Limited (“Company”), at its meeting held today, i.e., June 23, 2026, inter alia, considered and approved the following: 1. Grant of stock options under Manappuram Finance Limited – Employee Stock Option Scheme 2025 (ESOP 2025) to eligible employees of the Company, based on the recommendations of the Nomination, Compensation and Corporate Governance Committee (“Committee”) as per the details given below: Sr No. Particulars Details a. Brief details of the 4,28,568 options to eligible employees of the Company and options granted its subsidiaries under Employee Stock Option Scheme, 2025. b. Whether the scheme Yes is in terms of Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2021 c. Total number of 4,28,568 Equity Shares shares covered by these Options d. Pricing The Exercise Price per Option as determined by the formula/exercise Committee subject to a maximum discount of up to 20% on price the Market Price of the Shares on the date of Grant, in compliance with the Manappuram Finance Limited – Employee Stock Option Scheme 2025. e. Options vesting The Options granted under the Scheme would Vest not period/vesting earlier than the minimum Vesting Period of 1 (One) year schedule and not later than the maximum Vesting Period of 5 (Five) years from the Grant Date. f. Time within which The Exercise Period for Vested Options shall be a option may be maximum of 5 (Five) years commencing from the date of exercised each Vesting. g. Options exercised Not Applicable h. Money realized by exercise of options i. The total number of shares arising as a result of exercise of option j. Options lapsed k. Variation of terms of options l. Brief details of The Scheme shall be administered by the Committee. All significant Terms questions of interpretation of the Scheme shall be determined by the Committee, and such determination shall be final and binding upon all persons having an interest in this Scheme The Shares arising out of Exercise of Vested Options shall not be subject to any lock in period from the date of allotment of such Shares. m. Subsequent changes Not Applicable cancellation or exercise of such options n. Diluted earnings per share pursuant to issue of equity shares on exercise of options 2. The raising of funds, including by way of issuance of listed Non-Convertible Debentures/Bonds and Commercial Papers, as part of the proposed enhancement of the borrowing limits of the Company to Rs.1,00,000 Crore, under Section 180(1)(c) of the Companies Act, 2013, subject to the approval of the shareholders of the Company at the Annual General Meeting. The Board deferred the said agenda item and decided to consider the same at a subsequent Board Meeting. 3. The changes in the Senior Management Personnel (SMP) effective June 23, 2026, as detailed below: Sl. Employee Name Designation Department Reason 1 Mr. Manikandan T.G Head Information The individual Information Technology is not being Technology classified as an Department SMP, as the Group CTO has now been designated as the SMP, and Manikandan T.G. is currently reporting to the Group CTO. 2 Mr. Satheesh Kumar Head Administration The individual M. Administration is not being classified as an SMP due to a departmental realignment, pursuant to which the Administration function will henceforth report to the CHRO. The details pertaining to item no. 3 as required under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the relevant Circulars issued thereunder is in the enclosed Annexure A. The Meeting of the Board of Directors of the Company on June 23, 2026, commenced at 11:30 a.m. and concluded at 12.35 p.m. This intimation is also being uploaded on the Company’s website at https://www.manappuram.com/ You are requested to kindly note the same. This is for your information. Yours faithfully, For Manappuram Finance Limited Aparna Menon Company Secretary Enclosure: as above Annexure A Sl. Particulars Name of Senior Management Person No. Mr. Manikandan T.G. Mr. Satheesh Kumar M. 1 Reason for change viz. Internal Reporting Internal Reporting appointment, re- Realignment Realignment appointment, resignation, removal, death or otherwise 2 Date of 23.06.2026 23.06.2026 appointment/re- appointment/ cessation (as applicable) & terms of appointment/re- appointment 3 Brief profile (in case of NA NA appointment); 4 Disclosure of NA NA relationships between directors (in case of appointment of a director).