Please find attached the monitoring agency report for the quarter ended June 30, 2026.

Ref: SEC/ SE/ 107/ 2026-27 August 13, 2026 BSE Limited National Stock Exchange of India International Exchange (IFSC) Phiroze Jeejeebhoy Towers India Limited Ltd Dalal Street 5th Floor, Exchange Plaza 1st Floor, Unit No. 101, The Signature, Mumbai- 400001 Bandra (East) Building no. 13B, Road 1C, Zone 1, GIFT Scrip Code: 531213 Mumbai – 400 051 SEZ, GIFT City, Gandhinagar, Gujarat – Scrip Code: MANAPPURAM 382355 Sub: Monitoring Agency Report for the quarter ended June 30, 2026 Ref: Regulation 32(1) and 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Regulation 162A of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 Dear Madam/Sir, Pursuant to Regulation 32(1) and 32(6) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 read with Regulation 162A of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, we hereby confirm that there are no deviations in the utilisation of proceeds from the preferential issue. We are enclosing herewith Monitoring Agency Report issued by Crisil Ratings Limited, acting as the Monitoring Agency, for the quarter ended June 30, 2026, in respect of the utilization of proceeds from the Preferential Issue of the Company. The above is for your information and record. Thanking You. For Manappuram Finance Limited Aparna Menon Company Secretary Monitoring Agency Report for Manappuram Finance Limited for the quarter ended June 30, 2026 CRL/MAR/ MANLEAF/2026-27/1877 August 12, 2026 Manappuram Finance Limited IV/470A (old) W/638A (new), Manappuram House, Valappad, P.O. Valappad, Thrissur, Kerala - 680567 Dear Sir, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Preferential Issue (“PI”) of Manappuram Finance Limited (“the Company”) Pursuant to Regulation 162A of SEBI (lssue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”) and Monitoring Agency Agreement dated December 03, 2025, enclosed herewith the Monitoring Agency Report, issued by Crisil Ratings Limited, Monitoring Agency, as per Schedule XI of the SEBI ICDR Regulations towards utilization of proceeds of PI for the quarter ended June 30, 2026. Request you to kindly take the same on records. Thanking you, For and on behalf of Crisil Ratings Limited Shounak Chakravarty Director, Ratings (LCG) Report of the Monitoring Agency (MA) Name of the issuer: Manappuram Finance Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency: Crisil Ratings Limited (a) Deviation from the objects: Not applicable (b) Range of Deviation: Not applicable Declaration: We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensation for its ratings and certain credit-related analyses. We confirm that we do not perceive any conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer. We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, where applicable. There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the Issuer’s Management / Audit Committee of the Board of Directors subsequent to the MA submitting their report to the issuer and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA takes no responsibility for such comments of the issuer’s Management/Board. Signature: Name and designation of the Authorized Signatory: Shounak Chakravarty Designation of Authorized person/Signing Authority: Director, Ratings (LCG) 1) Issuer Details: Name of the issuer: Manappuram Finance Limited Names of the promoter: Mr. Nandakumar V P Ms. Sushama Nandakumar Ms. Jyothy Prasannan Mr. Suhas Nandan Mr. Sooraj Nandan Dr. Sumitha Nandan Ms. Shelly Ekalavian BC Asia Investments XXV Limited BC Asia Investments XIV Limited BC Asia Investments XXIV Limited Industry/sector to which it belongs: Non-Banking Financial Company 2) Issue Details Issue Period: March 27, 2026 Type of issue (public/rights): Preferential Issue (PI) Type of specified securities: Equity shares and Warrants convertible into equity shares Issue Grading, if any: NA Issue size: Issue proceeds - Rs. 4,384.94 crore (assuming conversion of all the Warrants into equivalent number of Equity Shares, and receipt of the money on such conversion) - (Refer note 1) *Crisil Ratings shall be monitoring the issue proceeds. Note 1: The issue size comprises Rs. 2,192.47 crores from preferential issue of equity shares and Rs. 2,192.47 crores from preferential issue of warrants, convertible into equity shares. 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information/ Comments of the Comments of the certifications considered Particulars Reply Monitoring Board of by Monitoring Agency Agency Directors for preparation of report Statutory Auditor Proceeds certificate^, utilized Management towards Whether all utilization is as per the disclosures undertaking, onward lending Yes No Comments in the Offer Document? Notice to EGM dated by the March 20, 2025, and Company and Corrigendum to EGM its subsidiaries, dated April 16, 2025 repayment of Source of information/ Comments of the Comments of the certifications considered Particulars Reply Monitoring Board of by Monitoring Agency Agency Directors for preparation of report (Hereinafter referred loans by its as “Offer document”), subsidiary Bank Statements availed from multiple banks Whether shareholder approval has been obtained in case of material deviations from NA No Comments No Comments expenditures disclosed in the Offer Document? Whether the means of finance for the disclosed No No Comments No Comments objects of the issue has changed? Is there any major deviation observed over the No No Comments No Comments earlier monitoring agency reports? Whether all Government/statutory approvals NA No Comments No Comments related to the object(s) have been obtained? Whether all arrangements pertaining to technical assistance/collaboration are in NA No Comments No Comments Management operation? undertaking@ Are there any favorable events improving the No No Comments No Comments viability of these object(s)? Are there any unfavorable events affecting the No No Comments No Comments viability of the object(s)? Is there any other relevant information that may materially affect the decision making of No Refer note 2 No Comments the investors? NA represents Not Applicable @The Monitoring Agency has relied solely on the management undertaking as the Statutory Auditor has not expressed an opinion on these aspects. Note 2: The Company has issued warrants at a price of Rs. 236/- per share (as per Notice of EGM dated M [Showing first 8,000 characters — download PDF for full document]