Outcome of Board Meeting

August 24, 2026 BSE Limited National Stock Exchange of India Limited P.J. Towers, Exchange Plaza, 5th Floor, Dalal Street, Plot No. C/1, G Block, Mumbai- 400 001 Bandra - Kurla Complex, Bandra (E), (Scrip Code: 543386) Mumbai - 400 051 (Symbol: FINOPB) Dear Sir/Madam, Sub: Outcome of the Board Meeting and Intimation under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) - Change in Director / Key Management Personnel (“KMP") / Senior Management Personnel. In continuation of our letter dated March 07, 2026 and May 26, 2026 and pursuant to Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”), we hereby inform you that based on the recommendation of the Nomination & Remuneration Committee, the Board of Directors of Fino Payments Bank Limited (“Bank”) at its meeting held today i.e. Monday, August 24, 2026 has inter-alia considered and approved the extension of tenure of Mr. Ketan Merchant as Interim Chief Executive Officer (‘Interim CEO’) of the Bank, subject to approval of Reserve Bank of India (“RBI”) for a period not exceeding 3 months effective from August 27, 2026. Pursuant to the said extension, he shall continue to be the Key Managerial Personnel and Senior Managerial Personnel of the Bank. The requisite details as required pursuant to Regulation 30 of SEBI Listing Regulations read with SEBI Master circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated July 11, 2023 (updated on January 30, 2026) are enclosed herewith as Annexure - I. The meeting of the Board of Directors of the Bank commenced at 02:00 p.m. (IST) and concluded at 02:24 p.m. (IST). The disclosure will also be available on the Bank’s website at www.fino.bank.in Kindly take the same on record. Thank you Yours Faithfully, For Fino Payments Bank Limited Basavraj Loni Company Secretary & Compliance Officer Place: Navi Mumbai 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 | CIN: L65100MH2007PLC171959 | Tel: (+91 22) 7104 7000 | Website: www.fino.bank.in | Email: cs@fino.bank.in Particulars Details Name Mr. Ketan Merchant Reason for change Extension of a tenure of Mr. Ketan Merchant as an Interim CEO of the Bank for a period not exceeding 3 months effective from August 27, 2026, subject to approval of RBI. Date of appointment/ re-appointment/ For a period not exceeding 3 months effective cessation and term of appointment/ re- from August 27, 2026, subject to approval of appointment RBI. Disclosure of relationship between NA Directors/ Auditors inter-se Brief Profile Mr. Ketan Merchant has more than 27 years of banking experience, besides spearheading Finance, Balance Sheet management in the Bank, is a pivotal pillar in formulation of strategy of the Bank. He joined the Bank in 2018. Since the formative years of the Bank, he has been instrumental in building a sustainable model in a dynamic and changing banking landscape. His career prior to the Bank majorly spans across stints in HSBC, Standard Chartered and Barclays Group across retail banking and balance sheet management. His main area of focus is accelerating growth- oriented strategies for the Bank and he has played a key role in listing the Bank in the year 2021. Under his stewardship the Bank has adopted three-pronged strategy of DDD (Data, Distribution and Digital) for Fino 2.0 vision. He is currently serving as the Interim CEO of the Bank effective February 27, 2026. 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 | CIN: L65100MH2007PLC171959 | Tel: (+91 22) 7104 7000 | Website: www.fino.bank.in | Email: cs@fino.bank.in