Investor Presentation

ZAGGLE/26-27/62 August 14, 2026 To To Listing Department The Corporate Relations Department NATIONAL STOCK EXCHANGE OF INDIA LIMITED BSE LIMITED Exchange Plaza, Plot No C/1, G Block Phiroz Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), 25th Floor, Dalal Street, Mumbai -400 051, Maharashtra Mumbai -400 001, Maharashtra Company Symbol: ZAGGLE Company Scrip Code: 543985 Dear Sir / Madam, Sub: Investors Presentation for the quarter ended on June 30, 2026 Pursuant to the Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements Regulations, 2015, we enclose herewith Investors Presentation for the quarter ended on June 30, 2026. The same is also being uploaded on the website of the Company viz. https://ir.zaggle.in/wp- content/uploads/2026/08/Q1FY26-27-investor-presentation.pdf We request you to kindly take the same on record. Thanking you Yours faithfully, For Zaggle Prepaid Ocean Services Limited Hari Priya Company Secretary and Compliance Officer Encl: as above Investor Presentation ZZZaaaggggggllleee PPPrrreeepppaaaiiiddd OOOccceeeaaannn SSSeeerrrvvviiiccceeesss LLLiiimmmiiittteeeddd August 2026 Safe harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Zaggle Prepaid Ocean Services Limited (the “Company”), havebeenpreparedsolelyforinformationpurposesanddonotconstituteanyoffer,recommendationorinvitationtopurchaseorsubscribeforanysecurities, andshall notform the basis orbe reliedoninconnectionwith anycontractorbindingcommitment whatsoever.No offeringofsecurities ofthe Companywill bemadeexceptbymeansofastatutory offeringdocumentcontainingdetailed informationabouttheCompany. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representationorwarranty,expressorimplied,whatsoever,andnorelianceshallbeplacedon,thetruth,accuracy,completeness,fairnessandreasonableness ofthecontentsofthisPresentation.ThisPresentationmaynotbe allinclusiveandmaynot containallofthe information thatyoumayconsidermaterial. Any liability inrespectofthecontentsof,oranyomissionfrom,thisPresentationisexpresslyexcluded. This presentation contains certain forward-looking statements concerning the Company’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth,competition(bothdomesticandinternational),economicgrowthinIndiaandabroad,abilitytoattractandretainhighlyskilledprofessionals,timeand cost over runs on contracts, our ability to manage our international operations, government policies and actions regulations, interest and other fiscal costs generally prevailing in the economy. The Company does not undertake to make any announcement in case any of these forward-looking statements become materiallyincorrectinfutureorupdate anyforward-lookingstatementsmadefromtimetotimebyoronbehalfoftheCompany. From the Founder’s desk… "Q1 FY27 marks an important inflection point for Zaggle as we move from a decade of profitable growth into a phase of transformation through consolidation. Our focus is now firmly on optimizing core operations, scaling AI across our platforms, and integrating our recent acquisitions - all while calibrating our capitalization and instilling greater cash flow discipline to position the company for higher-margin growthintheyearsahead. WehavecompletedtheinvestmentofRs.80MninUnobancPrivateLimited,asubsidiaryofHopFinancial Solutions Limited, which holds an Authorised Dealer Category II licence from RBI. This investment strengthensourcapabilitiesincross-borderpayments,forexcardsandremittances,enablingustoexpand ourfinancial solutions forbothcorporateandretailcustomers. From Dice, we have already brought marquee enterprise clients including Hindalco, Bajel, Trident Group, IDFC First Bank, Lenskart, Nephroplus and XpressBees into our fold. Beyond the client base, Dice's technicalexpertiseisacceleratingourAIroadmapacrossSaveandZoyer,strengtheningautomatedspend analytics, approval workflows and predictive expense management thereby creating a very strong launchpad forourgrowthoverseas. Raj P Narayanam Looking ahead, our various acquisitions along side our card initiatives and international foray all strengthen ourplatformforthenextphaseofscale.” Founder and Executive Chairman Performance Highlights Quarterly financial highlights - Consolidated 27.5% 15.4% 4.0% 4,233 1,895 334 347 1,642 3,320 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Revenue from operations (₹ Mn) Gross Profit(₹ Mn) Adjusted EBITDA* (₹ Mn) * Adjusted EBITDA is after reducing the ESOP expenses and adding EBITDA share of associate 5 Quarterly revenue contribution - Consolidated Around 40% of our revenue comes in the first 2 quarters with around 60% coming in the last 2 quarters 6,179 5,255 4,233 4,322 4,121 3,320 3,369 3,026 2,734 2,522 1,995 1,842 Revenue 1,185 from operations (₹ Mn) Q1 Q2 Q3 Q4 Revenue 15.3% 19.3% 17.4% 23.8% 23.2% 22.7% 25.7% 25.8% 27.5% 35.2% 31.6% 32.4% Contribution YoY growth 33.7% 112.9% 31.6% 27.5% 41.4% 64.2% 42.9% 35.1% 68.9% 56.0% 46.0% 50.8% 49.9% FY24 FY25 FY26 FY27 FY24 FY25 FY26 FY27 FY24 FY25 FY26 FY27 FY24 FY25 FY26 FY27 FY24 FY25 FY26 FY27 Key operational performance indicators Total customers catered to (number) Revenue per customer (in INR mn) Aggregate users on the platform (million) 14.2% 3% 18.6% 4,065 4.02 3,559 0.96 3.39 KPIs (Standalone) 0.93 Q1FY26 Q1FY27 CatQ e1 gF oY r2 y6 1 CaQ t1 eF gY o27 ry 2 Q1FY26 Q1FY27 Software Fees Program fees Propel platform revenue 42.5% 2,507 10.0% Revenue 1,600 1,455 1,759 (Consolidated) (₹ Mn) 18.0% Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY267 Revenue mix – Net Reporting - Consolidated We guide our investors to look at our revenue numbers on a Net basis after deducting cost of point redemption / gift cards onPropel Q1’ FY27 Q1’ FY26 FY26 FY25 (₹ Mn) Software Program Propel Software Program Propel Software Program Propel Software Program Propel Fees Fees Points Fees Fees Points Fees Fees Points Fees Fees Points Revenue For period 4,233 3,320 19,076 13,037 (Gross) Revenue from 125 1,600 2,507 106 1,455 1,759 479 7,523 11,074 362 5,456 7,218 operations Cost of point redemption / - - 2,330 - - 1,675 - - 10,505 - - 6,781 gift cards Net Revenue 125 1,600 177 106 1,455 84 479 7,523 569 362 5,456 437 Net Revenue 1,903 1,644 8,571 6,256 For period AdjEBITDA % 8.2% 10.1% 10.2% 9.5% at Gross AdjEBITDA % 18.3% 20.35% 22.7% 19.8% at Net Note: Propel points are reported on a gross basis as per Ind AS. Other Key operational metrics GTV for Program Fees Split across key business units Propel GTV Redemption split* Revenue per employee (in INR mn) (standalone) (standalone) (Consolidated) 26.1% 10% 9.4 33% 43% 7.5 Metrics Analysis (Q1 FY27) Zoyer Propel Save Network Cards Propel Points CatQ e1 gF oY r2 y6 1 CaQ t1 eF gY o2 r7 y 2 Cashback 68% 67% 67% as a % of 67% 66% Program 66% Fees (Cons.) Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Cashback % Note: Propel points accrue as channel incentive. Redemption can happen through either network cards (where revenue will fall under program fees) and brand vouchers (where revenue will fall under Propel points) Profit and loss statement - Consolidated Particulars (₹ Million, unless stated otherwise) Q1FY27 Q1FY26 YoY Q1FY27–KeyHighlights Revenue from operations: 4,232.7 3,319.7 27.5% Cost of point redemption / gift cards 2,330.1 1,675.5  Propel Margin improved on the back of a Consumption of cards 7.7 2.4 strongperformancefromGreenedgeaswellas Gross Profit 1,894.9 1,641.8 15.4% overridingcommissionsreceivedintheQuarter Gross Profit Margin 44.8% 49.5%  Incentive and Cashback as a % of Revenue Emplo [Showing first 8,000 characters — download PDF for full document]