Outcome of Board Meeting

Ref. No. AAVAS/SEC/2026-27/2817 Date: June 21, 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, Subject: Disclosure under Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”) Pursuant to the provisions of Regulation 30 and 51 of SEBI LODR, this is to inform you that, the Board of Directors of the Company at its meeting held on June 21,2026, has considered the following: 1. Based on the recommendation of the Nomination and Remuneration Committee, approved the appointment of Mr. Ghanshyam Gupta as the Interim Chief Financial Officer, Key Managerial Personnel (“KMP”) of the Company, with effect from June 22, 2026. 2. Based on the recommendation of the Nomination and Remuneration Committee, approved the appointment of Mr. Punit Purushottam Agarwal as the Interim Chief Risk Officer, Senior Management Personnel (“SMP”) of the Company for a period of one year, with effect from June 22, 2026. 3. Taken note of, and accepted, the Resignation of Mr. Ghanshyam Rawat, President and Chief Financial Officer and Mr. Ashutosh Atre, President and Chief Risk Officer from their respective positions, with effect from September 21,2026. The details as required under Regulation 30 of SEBI LODR, read with Schedule III of the SEBI LODR and SEBI Master Circular having reference HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are set out in the enclosed Annexures. The above information will also be made available on the website of the Company and can be accessed at https://www.aavas.in/. Please note that the Board Meeting commenced at 02:15 P.M. and concluded at 02:32 P.M. You are requested to take the above on record. Thanking You, For AAVAS FINANCIERS LIMITED SAURABHSHARMA COMPANY SECRETARY & COMPLIANCE OFFICER (ACS-60350) AAVAS FINANCIERS LIMITED CIN NO.: L65922RJ2011 PLC034297 Regd. & Corp. Office: 201-202, 2nd Floor, Southend Square, Mansarover Industrial Area, Jaipur - 102020 Tel: +91 141 001 8888 I E-Mail: into@aavas.in, Website: www.aavas.in Annexure A Appointment of Mr. Ghanshyam Gupta as the Interim Chief Financial Officer. Sr. Particulars Description 1. Reason for change viz. appointment, re- Appointment as Interim Chief Financial Officer, Key Managerial Personnel (“KMP”) or otherwise 2. Date of appointment / re-appointment / with effect from June 22, 2026 appointment / re-appointment 3. Brief Profile (in case of appointment) Mr. Ghanshyam Gupta is a qualified Chartered Accountant with 18+ years of experience, including 9+ years at Aavas. Expertise in financial planning & strategy, budgeting, MIS, investor relations, and business growth initiatives. Strategic partner to leadership, driving profitability and performance improvement. He has been associated with Aavas, since 2017. Prior to Aavas he was associated with Vaibhav Global, Tata Technologies Limited and Capgemini India Private Limited. 4. Disclosure of relationships between Not applicable directors (in case of appointment of a director). Annexure B Appointment of Mr. Punit Purushottam Agarwal as the Interim Chief Risk Officer. Sr. Particulars Description 1. Reason for change viz. appointment, re- Appointment as Interim Chief Risk Officer, Senior Management Personnel (“SMP”) or otherwise 2. Date of appointment / re-appointment / with effect from June 22, 2026, for a period of one year appointment / re-appointment 3. Brief Profile (in case of appointment) Mr. Punit Purushottam Agarwal is a qualified Chartered Accountant with 13 years of experience, including 9 years at Aavas. Experience across credit risk, market risk, sales, and risk management in retail lending—home loans, construction loans, and LAP. Known for balancing business growth with strong risk frameworks and governance. Prior to Aavas he was associated with Aditya Birla Capital, HDFC Bank and ICICI Bank. 4. Disclosure of relationships between Not applicable directors (in case of appointment of a director). AAVAS FINANCIERS LIMITED CIN NO.: L65922RJ2011 PLC034297 Regd. & Corp. Office: 201-202, 2nd Floor, Southend Square, Mansarover Industrial Area, Jaipur - 102020 Tel: +91 141 661 8888 I E-Mail: info@aavas.in, Website: www.aavas.in ANNEXURE C Resignation by Ghanshyam Rawat as President and Chief Financial Officer Sr. Particulars Description 1. Reason for change viz. appointment, re- Resignation from the position of President and Chief appointment,—resignation, removal,—death—or Financial Officer otherwise 2. Date of appointment / re-appointment / with effect from September 21, 2026 cessation (as applicable) & term of appointment / re-appointment 3. Brief Profile (in case of appointment) Not applicable. 4. Disclosure of relationships between directors (in Not applicable. case of appointment of a director). Annexure D Resignation by Mr. Ashutosh Atre as President and Chief Risk Officer Sr. Particulars Description 1. Reason for change viz. appointment,—re- Resignation from the position of President and Chief appointment, resignation, removal,—death—or Risk Officer otherwise 2. Date of appointment /- re-appointment / with effect from September 21, 2026 cessation (as applicable) & term of appointment / re-appointment 3. Brief Profile (in case of appointment) Not applicable. 4. Disclosure of relationships between directors (in Not applicable. case of appointment of a director). AAVAS FINANCIERS LIMITED CIN NO.: L65922RJ2011 PLC034297 Regd. & Corp. Office: 201-202, 2nd Floor, Southend Square, Mansarover Industrial Area, Jaipur - 102020 Tel: +91 141 661 8888 I E-Mail: info@aavas.in, Website: www.aavas.in Annexure-E CONFIDENTIAL 2±[jLj2&L d **■. The Board of Directors Aavas Financiers Limited 201-202, 2nd Floor, Southend Square, Mansarovar Industrial Area, Jaipur, Rajasthan, 302020 Subject: Resignation from the Position of President and Chief Financial Officer Dear Sir / Madam, After consideration of my personal and professional commitments, I, Mr. Ghanshyam Rawat, would like to transition from my current role as the President and Chief Financial Officer of Aavas Financiers Limited (the “Company"), with effect from the close of business hours on September 21,2026. Accordingly, I hereby tender my resignation from the position of President and Chief Financial Officer of the Company, with effect from the close of business hours on September 21, 2026. I shall be on garden leave from June 21, 2026, to September 21, 2026. It has been a privilege to lead the Company and contribute to its growth and transformation over the years. Thanking You, Yours faithfully, Mr. Ghanshyam Rawat Annexure-F CONFIDENTIAL Date: I fo & l The Board of Directors Aavas Financiers Limited 201-202, 2nd Floor, Southend Square, Mansarovar Industrial Area, Jaipur, Rajasthan, 302020 Subject: Resignation from the Position of President and Chief Risk Officer Dear Sir / Madam, After consideration of my personal and professional commitments, I, Mr. Ashutosh Atre, would like to transition from my current role as the President and Chief Risk Officer of Aavas Financiers Limited (the “Company"), with effect from the close of business hours on September 21,2026. Accordingly, I hereby tender my resignation from the position of President and Chief Risk Officer of the Company, with effect from the close of business hours on September 21, 2026. I shall be on garden leave from June 21, 2026, to September 21, 2026. It has been a privilege to lead the Company and contribute to its growth and transformation over the years. Thanking You, Yours faithfully, Mr. Ashutosh Atre