Dear Sir/Madam, Kindly find enclosed here with resignation letter tendered by Ms. Vandana Kalokhe DIN : 11757001,

Date: 31/08/2026 The Manager The BSE Limited 25th Floor, PJ Towers, Dalal Street Fort, Mumbai- 400 001 SUBJECT: INTIMATION OF RESIGNATION BY INDEPENDENT DIRECTOR – REGULATION 30 OF SEBI (LODR), 2016 REF: EXPLICIT FINANCE LIMITED SCRIP CODE 530571 Dear Sir/Madam, Pursuant to regula(cid:415)on 30 of the SEBI (LODR), 2015, we wish to inform you that the board of Directors of the company has received resigna(cid:415)on tendered by Ms. Vandana Kalokhe (DIN: 11757001) as an Addi(cid:415)onal Director (Non-Execu(cid:415)ve Independent Category) of the company on 31st August, 2026 with immediate effect. The disclosure requirement for above men(cid:415)oned cessa(cid:415)on of Director as required under Regula(cid:415)on 30 of SEBI (LODR) Regula(cid:415)ons, 2015, read with H0/49/14/14(7)2025-CFD- POD2/1/3762/2026 dated 30 January, 2026, are enclosed as Annexure I. You are requested to take the same on record. The resigna(cid:415)on is due to her pre occupa(cid:415)on and there is no other reason for the resigna(cid:415)on. Thanking You. ANNEXURE I Disclosure as required under SEBI’s circular no. CIR/CFD/ CMD/4/2015 dated 9th September 2015 are as under: Ms. Vandana Kalokhe (DIN: 11757001) has been appointed as an addi(cid:415)onal director (Non- Execu(cid:415)ve Independent category) of the Company. Par(cid:415)culars Details Name Ms. Vandana Kalokhe Date of Appointment Appointment w.e.f. 16th June 2026 Subject to Shareholders Approval. Reason of Change Ms. Vandana Kalokhe is appointed as addi(cid:415)onal director (non-execu(cid:415)ve independent category) Term of Appointment Subject to Shareholders Approval, Ms. Vandana Kalokhe shall hold office as an addi(cid:415)onal Director (Non-execu(cid:415)ve independent Category) for a term of five years w.e.f. 16th June, 2026 for a term of five years ending on 15th June, 2031. Brief Profile Ms. Vandana Kalokhe designated as additional director (Non-executive independent category) has expertise accounting and finance. She has worked on consultancy basis for NBFC and other entity(ies) Disclosure of rela(cid:415)onships between She is not related to any director/ KMP of the directors company. Informa(cid:415)on as required pursuant to BSE Ms. Vandana Kalokhe is not debarred from holding circular no. LIST/COMP/14/2018-19 dated the office of the director by virtue of any order June 20,2018 from SEBI or any authority. The Brief profile of Addi(cid:415)onal Director (Non-execu(cid:415)ve Independent Category) appointed at this Board Mee(cid:415)ng are as under: Ms. Vandana Kalokhe: S.NO Par(cid:415)culars Details 1 Name Ms. Vandana Kalokhe 2 DIN 11757001 3 Date of Birth 19th August 2000 4 Educa(cid:415)on Qualifica(cid:415)ons Ms. Vandana Kalokhe is commerce graduate from the University of Mumbai with a B.com degree. 5 Exper(cid:415)se She has exper(cid:415)se in accoun(cid:415)ng and finance. 6 Work Experience Worked as an accountant in Oil and Natural Gas Corpora(cid:415)on for 01 year and opera(cid:415)on execu(cid:415)ve at Revopedia Hospitality. Now working as a free- lancer accountant and consultant for NBFC and other en(cid:415)ty(ies). Date:31-08-2025 The Board of Directors EXPLICIT FINANCE LIMITED 305, Sohan Commercial Plaza, Vasai (E), Opp. Shivsena Office, Palghar, Maharashtra, 4012LO Sub: Resignation from the office of Directorship of the Companf" Dear Sir(s), I hereby tender my resignation from lhe Directorship of the Company with effect from 31't August, 2026 due to pre occupation of work. Kindly accept this resignation with immediate effect and relieve me from my duties. Kindly acknowledge the receipt of this resignation letter and arrange to submit the necessary forms with the office of the Registrar of Companies, to that effect. Thanking You, Yours Faithfully '$bl"M VANDANA SANTOSH KATOKHE DIN:11757001