Updates

Oracle Financial Services Software Limited Oracle Park phone +91 22 6718 3000 Off Western Express Highway fax +91 22 6718 3001 Goregaon (East) oracle.com/financialservices Mumbai, Maharashtra 400063 India August 5, 2026 To, To, Asst. Vice President Asst. General Manager Listing & Compliance Listing & Compliance National Stock Exchange of India BSE Ltd. Limited 1st Floor, Phiroze Jeejeebhoy Towers, Exchange Plaza Dalal Street, Bandra-Kurla Complex Mumbai 400 001 Bandra (East) Mumbai 400 051 Scrip Code – 532466 Scrip Code – OFSS Dear Sir, Sub: Transcript of the 37th Annual General Meeting held on Thursday, July 23, 2026 Please find enclosed the transcript of the 37th Annual General Meeting (AGM) of the Company held on Thursday, July 23, 2026 at 3:00 P.M. IST. This is for your reference and records. The above document will also be uploaded on the Company’s website. Yours sincerely, For Oracle Financial Services Software Limited Onkarnath Banerjee Company Secretary & Compliance Officer Membership No. ACS8547 Encl: a/a Registered Office: Oracle Park, Off Western Express Highway, Goregaon (East), Mumbai, Maharashtra 400063, India CIN: L72200MH1989PLC053666 Transcript of 37th Annual General Meeting of Oracle Financial Services Software Limited Thursday, July 23, 2026 Moderator Welcome to the 37th Annual General Meeting of Oracle Financial Services Software Limited. My name is Shalaka and I'm your moderator for the meeting. This meeting is now live. I request Ms. Jane Murphy, the Chairperson of the Board, to commence the meeting. Jane Murphy Good afternoon, dear shareholders. It is my pleasure to welcome you to this 37th Annual General Meeting of Oracle Financial Services Software Limited. My name is Jane Murphy. I am the Chairperson of the Board. I am also the Chairperson of the Stakeholders Relationship Committee and a member of the Audit Committee, Nomination and Remuneration Committee, and Corporate Social Responsibility Committee. I would now request my fellow directors who are personally present here in Mumbai to introduce themselves. First, Mrugank. Mrugank Paranjape Hello. My name is Mrugank Paranjape, independent director and chairperson of the Audit Committee, Nomination and Remuneration Committee, Risk Management Committee, and ESOP Allotment Committee of the Board. Jane Murphy Thank you. Next, Kavita. Kavita Venugopal Thank you, Jane. Hello and good afternoon, everybody. I'm Kavita Venugopal, independent director of your company. I'm also a member of the Audit Committee, the Risk Management Committee, and the ESOP Allotment Committee of the Board. Jane Murphy I will now request our non-executive and non-independent directors to introduce themselves. First, I welcome Simon, who has joined the Board recently in February 26, and this is his first OFSS AGM he is joining. Simon? Simon de Montfort Walker Thanks, Jane. Good afternoon. My name is Simon de Montfort Walker. I'm a non-executive, non-independent director of the company. I'm a member of the Nomination and Remuneration Committee as well. I am a 8-year veteran at Oracle, and I manage our industry applications businesses. Jane Murphy Thank you, Simon. Kimberly. Kimberly Woolley Good afternoon. I'm Kimberly Woolley. I am a non-executive, non-independent director of your company. I'm the Chairperson of the Corporate Social Responsibility Committee, and I'm a member of the Stakeholders Relationship Committee of the Board. It's my pleasure to be here. Thank you. Jane Murphy Thank you. Nick? Nian Nian Yuan Good afternoon. My name is Nian Nian Yuan. I'm a non-executive, non-independent director of the company. Thank you. Jane Murphy Thank you. Gopala? Gopala Ramanan Balasubramaniam Good afternoon. My name is Gopala Ramanan. I'm a non-independent and non-executive director of the company. I'm a member of the ESOP Allotment Committee. Jane Murphy Thank you. And now let me welcome Andrew, who was appointed on the Board yesterday and has joined the AGM through video conference from the US. Andrew? Andrew Morawski Good afternoon. My name is Andrew Morawski. I am a non-executive, non-independent additional director of the company. This is my first OFSS AGM, and I'm joining the meeting from the US through video conference. Thank you. Jane Murphy Thank you, Andrew. Now let me go to the executives. I have with me Mak, or Makarand Padalkar, Managing Director and Chief Executive Officer of your company, and Avadhut Ketkar, also known as Vinay, the Chief Financial Officer. I would like to begin by sharing an important update regarding leadership changes which we announced yesterday. I believe many of you have already had the opportunity to review these announcements along with our Q1 results. First, Mak has decided to not take up any extension or reappointment to his original tenure as part of his retirement plans. Furthermore, to make way for a smooth transition, he will step down as the Managing Director and CEO of the company with effect from end of day today, 23rd July, after his distinguished tenure leading the company. He will continue to be with us for some time to assist the new management. On behalf of the Board of Directors and all of the shareholders, I would like to place on record our deep appreciation for his invaluable leadership, commitment, and significant contributions to the company's growth and success. We thank him sincerely for his dedicated service and wish him the very best in his future endeavours. Next, I'm also pleased to inform you that the Board has appointed Vinay Ketkar as a successor to Mak. Vinay is currently our CFO and will assume the office of Managing Director and CEO with effect as from tomorrow, 24th of July. Vinay has been an integral part of the company's leadership team and brings with him deep knowledge of our business, strong financial and strategic acumen, and extensive experience in the financial services technology industry. On behalf of the Board, I extend our warm welcome to Vinay and wish him every success in his new role. And finally, I'm also pleased to let you know that another veteran, Mr. Manish Bhandari, our current Chief Accounting Officer, will assume the position of Chief Financial Officer and take over from Vinay effective tomorrow. I wish Mak a happy retirement and congratulate Vinay and Manish for their new roles. Before I move on, let me request Mak and Vinay to speak a few words. Mak? Makarand Padalkar Thank you, Jane, for those kind words. I'm going to miss all of you, the board members and the management team. And I wish company all the success and wish Vinay and Manish and the new management team all the very best. I'm sure the company will continue to grow under your stewardship. So, Vinay, would you like to say a few words? Avadhut Ketkar Thank you, Mak. Thank you, Jane. And I thank all the board members for entrusting this big responsibility and the recognition. I'm hugely humbled by this opportunity, so thank you. And I'll do my best to serve all the stakeholders of the company. I look forward to engaging with every one of you. At the same time, I take this opportunity to thank Mak for his contributions to the company, his vision, and his stewardship. So, wish Mak all the best for the future, and thank you. Jane Murphy Thank you, Vinay, and welcome to your new role. Now let me call Onkar our Company Secretary, and also request him to confirm the quorum for the meeting. Onkarnath Banerjee Thank you, Jane. Good afternoon, dear shareholders. I'm Onkarnath Banerjee, Company Secretary and Compliance Officer of the company, joining from Mumbai. I'm pleased to confirm that the necessary quorum for the meeting is present. Thanks, Jane. Jane Murphy Thank you, Onkar. We shall now commence the proceedings of the meeting. Quorum being present, I call the meeting to order and declare this 37th Annual General Meeting of Oracle Financial Services Software Limited open. This meeting is being conducted virtually in compliance with the regulatory guidelin [Showing first 8,000 characters — download PDF for full document]