Quarterly Business Updates for the quarter ended June 30, 2026.

CIN: L65921TN1994PLC029317 (Office) +91-8043570129 info@stucred.com, info@kreon.in www.stucred.com, www.kreon.in To July 29, 2026 The Bombay Stock Exchange Limited, Corporate Relations Department, P.J. Towers, Dalal Street, Mumbai, 400001, Maharashtra, India. Dear Sir / Madam, Sub: Business updates for Q1 FY27 Ref: Regulation 30 of the SEBI (LODR) Regulations, 2015 Scrip Code: 530139 With reference to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the copy of business updates for the quarter ended June 30, 2026. The business update shall be available on the website of the Company at www.kreon.in. Kindly take the above on records. Thanking You. For KREON FINNANCIAL SERVICES LIMITED (NIHARIKA GOYAL) Chief Compliance Officer Encl: as above StuCred A Division Of KREON FINNANCIAL SERVICES LIMITED #26, 22nd Street, Rathinam Nagar, Thiruvanmiyur, Chennai - 600041 CIN: L65921TN1994PLC029317 (Office) +91-8043570129 info@stucred.com, info@kreon.in www.stucred.com, www.kreon.in FOR IMMEDIATE RELEASE Beyond Student Loans How Kreon is Building India's Student Financial Technology Platform From Campus to Career. One Platform. Endless Possibilities. Chennai | July 28, 2026 India is home to one of the world's largest student populations. Yet, while education has rapidly embraced digital transformation, student finance remains fragmented, complex and underserved. Kreon Finnancial Services Limited believes that this gap presents one of the most significant opportunities in Indian fintech. Kreon has transformed itself from a conventional financial services company into a technology-driven fintech enterprise focused on building the digital financial infrastructure that will empower the next generation of students. At the heart of this transformation is StuCred—Kreon's flagship technology platform— which is evolving beyond digital lending into a comprehensive financial ecosystem designed to support students throughout their journey from campus to career. StuCred A Division Of KREON FINNANCIAL SERVICES LIMITED #26, 22nd Street, Rathinam Nagar, Thiruvanmiyur, Chennai - 600041 CIN: L65921TN1994PLC029317 (Office) +91-8043570129 info@stucred.com, info@kreon.in www.stucred.com, www.kreon.in Kreon's ambition is clear: To build India's Student Financial Technology Platform—where technology, artificial intelligence, responsible finance and innovation converge to create lifelong value for students. This technology-first strategy is supported by strong financial performance. For the quarter ended 30 June 2026, Kreon reported: Particulars Q4 FY 2025–26 Q1 FY 2026–27 Growth Revenue from operations ₹10.13 crore ₹14.79 crore 46.0% Total income ₹11.76 crore ₹15.80 crore 34.4% Profit before tax ₹0.82 crore ₹5.85 crore 613.4% Profit after tax ₹0.36 crore ₹4.75 crore 1,219.4% Earnings per share ₹0.18 ₹2.18 1,205.6% Revenue from operations increased by 46.0%, from ₹10.13 crore in Q1 FY 2025–26 to ₹14.79 crore in Q1 FY 2026–27. Total income increased by 34.4%, from ₹11.76 crore to ₹15.80 crore during the same period. Profit before tax increased from ₹0.82 crore to ₹5.85 crore, while profit after tax increased from ₹0.36 crore to ₹4.75 crore. Earnings per share consequently increased from ₹0.18 to ₹2.35. The improvement in profitability reflects the combined impact of business growth, higher transaction volumes, operating leverage and the accounting impact of the change in the Company’s Expected Credit Loss process during the quarter. These results reflect disciplined execution, scalable technology and the growing acceptance of StuCred's digital-first model. StuCred A Division Of KREON FINNANCIAL SERVICES LIMITED #26, 22nd Street, Rathinam Nagar, Thiruvanmiyur, Chennai - 600041 CIN: L65921TN1994PLC029317 (Office) +91-8043570129 info@stucred.com, info@kreon.in www.stucred.com, www.kreon.in (cont.) Since the launch of StuCred, cumulative gross disbursements since launch extended through the platform has crossed ₹1,100 crore as of the end of Q1 FY 2026–27. During FY 2025–26, StuCred disbursed loans aggregating ₹357 crore. In Q1 FY 2026–27 alone, the platform disbursed ₹109 crore, demonstrating continued growth in credit demand and platform activity. Quarterly disbursements increased from ₹92 crore in Q4 FY 2025–26 to ₹109 crore in Q1 FY 2026–27, representing sequential growth of approximately 18.5%. During this period, StuCred extended credit to 1,70,871 students in Q4 FY 2025–26, compared with 2,03,527 students in Q1 FY 2026–27, an increase of 19.1%. StuCred A Division Of KREON FINNANCIAL SERVICES LIMITED #26, 22nd Street, Rathinam Nagar, Thiruvanmiyur, Chennai - 600041 CIN: L65921TN1994PLC029317 (Office) +91-8043570129 info@stucred.com, info@kreon.in www.stucred.com, www.kreon.in Building Technology. Not Just Lending. Kreon believes that the future of financial services will belong to technology platforms rather than standalone lending institutions. Accordingly, the Company is strategically investing in proprietary technology, artificial intelligence, advanced analytics and digital infrastructure to create a seamless financial experience for students. The number of credit transactions processed by the Company increased from 7.75 lakh in Q4 FY 2025–26 to 9.57 lakh in Q1 FY 2026–27, representing sequential growth of approximately 23.5%. This increase reflects sustained customer engagement and continued adoption of the Company’s digital lending platform. While Kreon operates within the regulatory framework applicable to an NBFC, its vision extends far beyond conventional lending. Technology is the Company's primary differentiator, with finance serving as the application layer through which that technology creates value. StuCred has therefore been conceived not merely as a lending platform, but as a digital financial ecosystem designed to accompany students throughout every stage of their educational and professional journey. StuCred A Division Of KREON FINNANCIAL SERVICES LIMITED #26, 22nd Street, Rathinam Nagar, Thiruvanmiyur, Chennai - 600041 CIN: L65921TN1994PLC029317 (Office) +91-8043570129 info@stucred.com, info@kreon.in www.stucred.com, www.kreon.in From Student Loans To Student Life For decades, student finance has focused almost exclusively on loans. Kreon believes tomorrow's students require much more. The Company is building a platform that seeks to simplify every important financial interaction in a student's life through intelligent technology, seamless digital experiences and responsible financial solutions. The long-term objective is to become the trusted financial platform that supports students from their first financial decision on campus through their transition into employment, entrepreneurship and financial independence. StuCred A Division Of KREON FINNANCIAL SERVICES LIMITED #26, 22nd Street, Rathinam Nagar, Thiruvanmiyur, Chennai - 600041 CIN: L65921TN1994PLC029317 (Office) +91-8043570129 info@stucred.com, info@kreon.in www.stucred.com, www.kreon.in Artificial Intelligence Meets Responsible Finance Technology remains the foundation of Kreon's strategy. The Company continues to strengthen its platform through investments in: •⁠ ⁠Artificial Intelligence-driven underwriting •⁠ ⁠Machine Learning-based risk assessment •⁠ ⁠Real-time decision engines •⁠ ⁠Advanced fraud detection •⁠ ⁠Digital customer onboarding •⁠ ⁠Intelligent analytics •⁠ ⁠Scalable cloud infrastructure •⁠ ⁠Responsible lending and governance frameworks The Company is progressively incorporating artificial intelligence across selected areas of its business. The Company’s approach is centred on responsible adoption, with appropriate safety measures, governance standards, human oversight and operational guardrails. AI initiatives are being evaluated for their ability to improve customer service, operational efficiency, risk management, collections and internal decision-support processes. The Company intends to scale these capabilities [Showing first 8,000 characters — download PDF for full document]