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Mahindra & Mahindra Financial Services Ltd. Mahindra Towers, 3rd Floor, Dr. G. M. Bhosale Marg, Worli, Mumbai 400 018 India Tel: +91 22 66526000 28th August 2026 BSE Limited National Stock Exchange of India Ltd. (Scrip Code: 532720) (Symbol: M&MFIN) Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, "G" Block, Dalal Street, Fort, Bandra - Kurla Complex, Bandra (East), Mumbai - 400 001 Mumbai - 400 051 Dear Sir/Madam, Sub: Intimation for transfer of Equity Shares from Mahindra & Mahindra Financial Services Limited Employees’ Stock Option Trust We hereby inform you that Mahindra & Mahindra Financial Services Limited Employees’ Stock Option Trust has today i.e., on Friday, 28th August 2026 transferred 40,495 equity shares of the Company, in aggregate, to the eligible persons, pursuant to the exercise of the vested Stock Options by them, under the Mahindra & Mahindra Financial Services Limited – Employees’ Stock Option Scheme – 2010 and Mahindra & Mahindra Financial Services Limited – Restricted Stock Units Plan 2023. The details of the Eligible Persons to whom the equity shares of the Company have been transferred are given in ‘Annexure I’ to this letter. You are requested to take the same on record. Thanking you, For Mahindra & Mahindra Financial Services Limited Brijbala Batwal Company Secretary FCS No.: 5220 Encl: a/a Regd. office: Gateway Building, Apollo Bunder, Mumbai 400 001, India | Tel: +91 22 68975500 Website : www.mahindrafinance.com | Email: company.secretary@mahindrafinance.com | CIN: L65921MH1991PLC059642 Page 2 Annexure – I Details of Eligible Persons No. of equity shares of the Company transferred by Sr.No. Name of the eligible persons the Trust on exercise of vested stock options 1 Chanpreet Singh 2,550 2 Deepa Ranjeet 32,109 3 Navin Das 2,048 4 Rahul Pitale 3,788 40,495 Total Email id : company.secretary@mahindrafinance.com CIN : L65921MH1991PLC059642