Business Responsibility and Sustainability Report along with Reasonable Assurance Report for the Financial Year 2025-26.

Ref. No. AAVAS/SEC/2026-27/3108 Date: August 24, 2026 To, To, The National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Mumbai – 400051 Mumbai – 400001 Scrip Symbol: AAVAS Scrip Code: 541988 Dear Sir /Madam, Sub: Business Responsibility and Sustainability Report for the Financial Year 2025-2026. Pursuant to Regulation 34(2)(f) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, please find enclosed the Business Responsibility and Sustainability Report of the Company for Financial Year 2025-2026, along with the Reasonable Assurance Statement, on the BRSR core indicators of the Company. The Business Responsibility and Sustainability Report and Annual Report for the Financial Year 2025-26 will also be made available on the website of the Company and can be accessed at https://www.aavas.in/investor-relations/annual-reports. You are requested to take the same in your record. Thanking You, For AAVAS FINANCIERS LIMITED SAURABH SHARMA COMPANY SECRETARY & COMPLIANCE OFFICER (ACS-60350) Encl: As above Business Responsibility & Sustainability Report Annexure-10 BUSINESS RESPONSIBILITY & SUSTAINABILITY REPORT SECTION A: GENERAL DISCLOSURES I. DETAILS OF THE LISTED ENTITY 1. Corporate Identity Number (CIN) of the Listed L65922RJ2011PLC034297 Entity: 2. Name of the Listed Entity: Aavas Financiers Limited 3. Year of incorporation: 2011 4. Registered office address: 201-202, 2nd Floor, Southend Square, Mansarovar Industrial Area, Jaipur - 302020, Rajasthan, India 5. Corporate address: 201-202, 2nd Floor, Southend Square, Mansarovar Industrial Area, Jaipur - 302020, Rajasthan, India 6. E-mail: info@aavas.in 7. Telephone: 0141 - 4659239 8. Website: www.aavas.in 9. Financial year for which reporting is being done: FY 2025-26 10. Name of the Stock Exchange(s) where shares Equity shares are listed on National Stock Exchange of India are listed: Limited (NSE) & Bombay Stock Exchange Limited (BSE) 11. Paid-up Capital: ₹79,28,27,430/- as on March 31, 2026 12. Name and contact details of the person who Mr. Sharad Pathak may be contacted in case of any queries on the Designation: Chief Compliance Officer BRSR report: Email: investorrelations@aavas.in 13. Reporting boundary: The disclosures made in this report are on a standalone basis and pertains to Aavas Financiers Limited only. 14. Name of assessment or assurance provider: Grant Thornton Bharat LLP 15. Type of assessment or assurance obtained: Reasonable Assurance II. PRODUCTS/SERVICES 16. Details of business activities (accounting for 90% of the turnover): S. No. Description of Main Activity Description of Business Activity % of Turnover of the entity 1. Financial Services Other Financial Activities 100% 17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover): S. No. Product/Service NIC Code % of total Turnover contributed 1. The Company’s primary business is providing home loans for the 64910 100% purchase, construction, renovation and repair of residential properties. It also offers mortgage-backed MSME loans and home equity loans. Aavas Financiers Limited Annual Report 2025-26 III. OPERATIONS 18. Number of locations where plants and/or operations/offices of the entity are situated: Location Number of plants Number of offices Total National N.A.* 442 442** International - - *The Company is a Non-Banking Financial Company - Housing Finance Company (NBFC HFC) and does not undertake any manufacturing activities. **The Company operates within India with a total of 435 branches across 13 States and 2 Union Territories (including Delhi and Chandigarh), along with 7 offices, aggregating to a total of 442 locations as on March 31, 2026. The Company does not have any foreign offices, branches, assets, or lending operations outside India. 19. Markets served by the entity: a. Number of locations Location Number National (No. of States & UTs) 15* International (No. of Countries) 0 *The total count of 15 represents the aggregate of 13 States and 2 Union Territories. b. What is the contribution of exports as a percentage of the total turnover of the entity? The Company operates solely within India; therefore, exports do not contribute to its turnover. c. A brief on Types of Customers T he Company is committed to providing housing finance solutions to communities that have historically been underserved, unserved, or overlooked by traditional financial institutions. It strategically focuses on addressing the housing needs of low and middle income families, particularly in semi-urban and rural areas. By concentrating on this segment, the Company bridges a vital gap in the housing finance sector and facilitates access to homeownership for individuals who are often overlooked by larger lenders. The average ticket size is ₹10.2 Lakh and the average tenure of the loan is 15.3 years. Category % of AUM in FY 2025-26 Salaried Customers 38.5% Self-employed Customers 61.5% Category Income Per Annum % of AUM in FY 2025-26 Economically Weaker Section Up to ₹3 Lakh 19.7% Low Income Group More than ₹3 Lakh up to ₹6 Lakh 34.6% Middle Income Group More than ₹6 Lakh up to ₹18 Lakh 33.9% High Income Group More than ₹18 Lakh 11.8% Business Responsibility & Sustainability Report IV. EMPLOYEES 20. Details as at the end of Financial Year: a. Employees and Workers (including differently abled): S. No. Particulars Total (A) Male Female No. (B) % (B / A) No. (C) % (C / A) EMPLOYEES 1. Permanent (D) 7,649 7,224 94.45% 425 5.55% 2. Other than Permanent (E) 1,822 1,709 93.80% 113 6.20% 3. Total Employees (D+E) 9,471 8,933 94.32% 538 5.68% WORKERS 4. Permanent (F) NA NA NA NA NA 5. Other than Permanent (G) NA NA NA NA NA 6. Total Workers (F+G) NA NA NA NA NA b. Differently abled Employees and Workers: S. No. Particulars Total (A) Male Female No. (B) % (B/A) No. (C) % (C / A) DIFFERENTLY ABLED EMPLOYEES 1. Permanent (D) 3 3 100% 0 0% 2. Other than Permanent (E) 0 0 0% 0 0% 3. Total Differently Abled Employees (D+E) 3 3 100% 0 0% DIFFERENTLY ABLED WORKERS 4. Permanent (F) NA NA NA NA NA 5. Other than Permanent (G) NA NA NA NA NA 6. Total Differently Abled Workers (F+G) NA NA NA NA NA 21. Participation/Inclusion/Representation of Women: Particulars Total (A) No. and percentage of Females No. (B) % (B / A) Board of Directors (BOD) 8* 3 37.5% Key Management Personnel (KMP) 4 0 0% *Mr. Sachinderpalsingh Jitendrasingh Bhinder, Managing Director & CEO, has been classified in above table, under the Key Managerial Personnel (KMP) category, rather than being included under the Board of Directors (BOD) category. 22. Turnover rate for permanent employees and workers: Particulars FY 2025-26 FY 2024-25 FY 2023-24 (Turnover rate in current FY) (Turnover rate in previous (Turnover rate in the year FY) prior to the previous FY) Male Female Total Male Female Total Male Female Total Permanent Employees 51.65% 45.52% 51.32%* 50.87% 41.02% 50.40% 52.62% 34.55% 51.80% Permanent Workers NA NA NA NA NA NA NA NA NA *The same has been calculated as per the SEBI Guidance Note. Aavas Financiers Limited Annual Report 2025-26 V. HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES (INCLUDING JOINT VENTURES) 23. Names of holding / subsidiary / associate companies / joint ventures: S. No. Name of the Holding/ Indicate whether % of shares Does the entity indicated Subsidiary/ Holding/Subsidiary/ held at column A, participate in Associate Companies/ Associate/ by listed entity the Business Responsibility Joint Ventures (A) Joint Venture initiatives of the listed entity? (Yes/No) 1. Aquilo House Pte. Ltd. Holding Company 48.88% No (Promoter) VI. CSR DETAILS 24. (i) Whether CSR is applicable as per section 135 of Companies Act, 2013: Yes (ii) Turnover (in ₹): 2,684.83 Crore (iii) Net worth (in ₹): 5,050.85 Crore VII. TRANSPARENCY AND DISCLOSURES COMPLIANCES 25. Complaints/Grievances on any of the principles (Principles 1 to 9) u [Showing first 8,000 characters — download PDF for full document]