Investor Presentation

August 13, 2026 BSE Limited National Stock Exchange of India Limited P.J. Towers, Exchange Plaza, 5th Floor, Plot No. C/1, G Dalal Street, Block, Bandra - Kurla Complex, Mumbai- 400 001 Bandra (E), Mumbai - 400 051 (Scrip Code: 543386) (Symbol: FINOPB) Dear Sir/Madam, Sub: Investor Presentation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Pursuant to Regulation 30 of SEBI Listing Regulations, enclosed herewith the Investor Presentation on Un-audited Financial Results for the first quarter ended June 30, 2026 of Fino Payments Bank Limited (“Bank”). The said presentation will also available on the Bank’s website i.e. www.fino.bank.in Kindly take the same on record. Thanking You Yours faithfully, For Fino Payments Bank Limited Basavraj Loni Company Secretary & Compliance Officer Place: Navi Mumbai Encl: a/a Fino Payments Bank Limited Registered Office: Mindspace Juinagar, Plot No Gen 2/1/F, Tower 1, 8th Floor, TTC Industrial Area, MIDC Shirwane, Juinagar, Navi Mumbai - 400 706 | CI N: L65100MH2007PLC171959 | Tel: (+91 22) 7104 7000 | Website: www.fino.bank.in | Email: cs@fino.bank.in On Our Journey to Become a Small Finance Bank Inve stor Pre se n tati on Q1 FY’ 27 Table of Conte nt 01 Key Business Updates 02 Financial Highlights 03 Product Performance Key Business Updates Key Highlights of Q1’27 Highest Quarterly Net Revenue Margin of 42.8% led by higher contribution from CASA business segment Rising Deposit Base – Average total deposits for Q1’27 increased by 12% YoY to ₹ 2,772 crores Continued Retail Digital Expansion – 22% YoY growth in digitally active users; led by higher activeness on FinoPay – 8.4 lakh users (38% YoY growth) Healthy Loan Referral Traction – Referral loans disbursals surged 214% YoY amounting to ₹ 628 crores in Q1’27, ~50% of total referral loans disbursed in FY’26 SFB Readiness – SFB preparation and implementation progressing on track with LOS & LMS identified; partnered with consultant for SFB transition #Towards Small Finance Bank… 4 Performance At a Glance – Q1’27 (YoY) Operational Highlights Financial Highlights Liability Franchise Digital Footprint Total Throughput Revenue CASA Accounts* Digital Throughput ₹ 111.0k Cr ₹ 306.9 Cr 1.83 Cr ₹ 63.4k Cr 10% 32% 22% 7% Transaction Net Revenue Average Total Digitally Active Count Margin Deposits Customers# 94.7 Cr 42.8% ₹ 2,772 Cr 64.6 lakh 3% 925 bps 12% 22% Loan Referral EBITDA Average CASA Balance UPI Throughput Disbursement ₹ 43.1 Cr ₹ 1,280 ₹ 60.1k Cr ₹ 628 Cr 30% 3% 14% 214% Cost of Funds Digital Transactions Employee Count* PAT 1.4 % 87.9 Cr 2,889 ₹ (13.7) Cr 66 bps 1% *As on 30th June’26 #In June’26 #Towards Small Finance Bank… 5 Performance At a Glance – Q1’27 (QoQ) Operational Highlights Financial Highlights Liability Franchise Digital Footprint Total Throughput Revenue CASA Accounts* Digital Throughput ₹ 111.0k Cr ₹ 306.9 Cr 1.83 Cr ₹ 63.4k Cr 3% 10% 5% 3% Transaction Net Revenue Average Total Digitally Active Count Margin Deposits Customers# 94.7 Cr 42.8% ₹ 2,772 Cr 64.6 lakh 1% 275 bps 3% 3% Loan Referral EBITDA Average CASA Balance UPI Throughput Disbursement ₹ 43.1 Cr ₹ 1,280 ₹ 60.1k Cr ₹ 628 Cr 23% 1% 2% Cost of Funds Digital Transactions Employee Count* PAT 1.4 % 87.9 Cr 2,889 ₹ (13.7) Cr - 1% *As on 30th June’26 #In June’26 #Towards Small Finance Bank… 6 Revenue Quality Improves, Despite Near-Term Headwinds Net Revenue Margin (%) CASA Contribution to Revenue Mix (%) EBITDA Margin (%) 42.8 54.1 14.0 13.6 33.5 34.0 Q1'26 Q1'27 Q1'26 Q1'27 Q1'26 Q1'27 +925 bps YoY +8% YoY Revenue Growth +44 bps YoY Q1’27 Highlights ₹ 2,772 Cr 64.6 Lakh ₹ 628 Cr 1.83 Cr Average Total Deposits, Digitally Active Customers, Referral Loan Disbursals, CASA Accounts, +12% YoY +22% YoY +214% YoY +22% YoY #Towards Small Finance Bank… 7 Operational Efficiency 1,358 Daily Average 1,263 1,271 Throughput (₹ Cr) 1,220 1,198 No. of 2,893 2,903 2,755 2,903 2,889 Employees FY'22 FY'23 FY'24 FY'25 FY'26 Q1'26 Q4'26 Q1'27 Throughput per 64.7 2.5x times 159.9 179.4* 148.5* 153.7* Employee (₹ Cr) *Annualised Operational efficiency maintained through Q1 FY’27 #Towards Small Finance Bank… 8 Geographical Presence (in 000’s) Himachal Pradesh 5.7 Jammu & Kashmir 4.4 Punjab 50.4 Meghalaya 2.3 Uttarakhand 11.0 Haryana 53.4 Branches & Merchants* Assam 41.1 Sikkim 2.5 (‘000) CSPs Delhi 38.3 Uttar Pradesh 341.1 Merchant / Mix Count / Mix Tripura 6.6 Rajasthan 137.7 Bihar 274.1 2,000 / 100% 126 / 100% Gujarat 62.7 Madhya Pradesh 199.3 West Bengal 149.4 East 680 / 34% 35 / 28% Dadra & Nagar 11.6 Chhattisgarh 51.7 Jharkhand 81.9 Maharashtra 150.2 West 564 / 28% 21 / 17% Orissa 63.8 Goa 1.7 Telangana 38.3 North 505 / 25% 60 / 47% Karnataka 64.8 Andhra Pradesh 66.7 South 251 / 13% 10 / 8% Kerala 15.6 Tamil Nadu 64.7 * Includes Own & Open Banking #Towards Small Finance Bank… 9 SFB Timeline • Senior and middle- • Identified senior management team leadership positions – fully onboarded Discussions underway Go Live • End-to-end credit • Development of internal technology stack API integrations development and progressing on track CBS integration Q2’27 Q4’27 1 2 3 4 5 Q1’27 Q3’27 Q1’28 End-to-end process Finalisation of System validation and readiness Required Documents, assessment Product Notes and Credit Submission of Policy Frameworks Final Readiness to the RBI #Towards Small Finance Bank… 10 Financial Highlights Bank Level Profit & Loss Particulars (₹ Cr) Q1’26 Q4’26 Q1’27 YoY (%) QoQ (%) FY’26 Revenue 453.5 340.0 306.9 (32%) (10%) 1,587.9 Product Cost 301.6 204.0 175.7 42% 14% 1,003.5 Net Revenue 151.9 136.0 131.2 (14%) (4%) 584.4 Net Revenue Margin % 33.5% 40.0% 42.8% 925 bps 275 bps 36.8% Operating Cost 90.3 80.0 88.1 2% 10% 341.2 EBITDA 61.6 56.0 43.1 (30%) (23%) 243.2 Other Fin. Cost & Depreciation 37.0 50.6 56.8 53% 12% 171.4 PBT (Before exceptional item) 24.6 5.4 (13.7) 71.8 Exceptional item* - 1.3 - 4.4 PBT (After exceptional item) 24.6 4.1 (13.7) - - 67.4 PAT^ 17.8 7.1 (13.7) - - 52.5 EBITDA Margin 13.6% 16.5% 14.0% 15.3% PBT Margin 5.4% 1.2% - 4.2% Cost to Income# 19.9% 23.5% 28.7% 21.5% #Cost to Income calculated as Operating Cost/Revenue; ^Tax Credit of ~₹ 3 Cr in Q4’26; *Impact of New Labour Code #Towards Small Finance Bank… 12 Financial Highlights - Quarterly Revenue (₹ Cr) EBITDA (₹ Cr) 453.5 61.6 56.0 340.0 306.9 43.1 13.6% 16.5% 14.0% Q1'26 Q4'26 Q1'27 Q1'26 Q4'26 Q1'27 PBT (₹ Cr) Cost-to-Income (%) 24.6 28.7% 23.5% 19.9% (13.7) 5.4% 1.2% Q1'26 Q4'26 Q1'27 Q1'26 Q4'26 Q1'27 Note: EBITDA margins mentioned inside the bars of the EBITDA charts; PBT margins mentioned inside the bars of the PBT charts #Towards Small Finance Bank… 13 Product Revenue Mix ( ₹ Cr) YoY - (32%) 1,587.9 453.5 9%, 137.6 7%, 32.8 9%, 142.2 8%, 35.8 8%, 34.4 340.0 7%, 115.5 306.9 11%, 36.6 18%, 290.0 20%, 90.1 11%, 36.9 13%, 40.7 6%, 20.6 11%, 33.1 17%, 272.9 15%, 51.9 7%, 21.7 23%, 106.3 15%, 45.0 12%, 40.5 0%, 0.5 40%, 629.7 54%, 165.9 34%, 154.0 45%, 153.5 FY'26 Q1'26 Q4'26 Q1'27 CASA Digital Payment Services Transaction Business CMS BC Banking Treasury & Others Contribution of high-margin, annuity-led liability business rises to 54% Note: CASA revenue includes float income on CASA deposits #Towards Small Finance Bank… 14 Product Portfolio – Growth & Margins Q1’27 Revenue QoQ Growth YoY Growth Q1’27 Margin Revenue Mix Product (₹ Cr) (%) (%) (%) (%) CASA* 165.9 8% 8% 52% 54% Digital Payment 0.5 (99%) (100%) 20% 0% Services CMS 21.7 5% (37%) 30% 7% BC Banking 33.1 (10%) (8%) 19% 11% DMT 21.3 (8%) (55%) 4% 7% Micro ATM + 23.7 (18%) (45%) 22% 8% AEPS * Includes float income on CASA deposits #Towards Small Finance Bank… 15 Product Performance Customer Acquisition to Ownership Q1’26 Q4’26 Q1’27 New CASA Accounts Opened (in lakh) 6.8 6.9 8.4 Rural 4.2 4.6 5.0 Semi-Urban 1.4 1.3 1.8 Urban 1.2 1.0 1.6 No. of CASA Accounts (in lakh) 149.9 174.6 183.0 YoY (%) 27% 22% 22% Accounts Opened per Day 7,514 7,650 9 [Showing first 8,000 characters — download PDF for full document]