General Updates

2nd July 2026 BSE Limited (Scrip Code: 532720) National Stock Exchange of India Limited (Symbol: M&MFIN) Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, "G" Block, Dalal Street, Fort Bandra - Kurla Complex, Bandra (East), Mumbai - 400 001. Mumbai - 400 051. Dear Sir/Madam, Sub: Mahindra & Mahindra Financial Services Limited - Updates for Q1 FY2027 You are requested to take note of the following updates for Q1 FY27: In Q1 FY27, we estimate the overall disbursement at approximately Rs. 15,560 crore, YoY growth of ~21% over previous year (excluding finance lease). Business Assets at approximately Rs. 1,37,300 crore grew by ~12% over June 2025. The Collection Efficiency (“CE”) is estimated at 95% for Q1 FY27 (In Q1 FY26, CE was 95%). As at June 30, 2026, Stage-3 is estimated in the range of 3.4% to 3.5% (vs. 3.4% as at March 31, 2026, and 3.8% as at June 30, 2025) and Stage-2 is estimated in the range of 4.9 % to 5.0% (vs. 4.8% as at March 31, 2026, and 5.9% as at June 30, 2025). The Company continued to enjoy a comfortable liquidity position on its Balance Sheet, with a liquidity chest of over Rs. 14,600 crore. Thanking you, For Mahindra & Mahindra Financial Services Limited Brijbala Batwal Company Secretary FCS: 5220