Finbud Financial Services Limited · NSE:FINBUD

Finbud Financial Services — H1 FY2026 Earnings Presentation

38 slides from Finbud Financial Services's earnings presentation, Dec 2, 2025

1. Slide 1: NSE filing cover letter for investor presentation

   ” FINBUD FINANCIAL SERVICES LIMITED v #10, 1st Floor, 9th Cross, éth main, Jeevan Bheema Nagar, HAL 3rd Stage, Bangalore - 560 075 +91-080-40904156 www.financebuddha.com Email: Info@financebuddha.com FINANCE BUDDHA CIN # U67190KA2012PLC064767 GST # 29AACCF0339C1Z1 To, 2nd December, 2025 Listing Comp

2. Slide 2: Finbud Financial Services Ltd - Corporate Presentation H1 FY2026

   S Finance Buddha Finbud Financial Services Ltd India’s Hybrid Loan Aggregator Corporate Presentation H1 FY 2026 - December 2025

3. Slide 3: Disclaimer

   This presentation and the accompanying slides (the “Presentation”), which have been prepared by Finbud Financial Services Ltd (“Finbud”, The Company) solely for information purposes and do not constitute any offer, recommendation orinvitation to purchase or subscribe for any securities, and shall no

4. Slide 4: Table of Contents

   '\ 4 AY Table of Contents '\ 4 Av @ Avoutthe company ll ' Half yearly Performance ' Key Growth Strategies ' Annexure

5. Slide 5: About the Company

   About the Company

6. Slide 6: Finance Buddha NSE Listing Ceremony

   [ .l (" I||H'"\ Finance Buddha NSE Listing Ceremony

7. Slide 7: Finance Buddha Got Listed on NSE SME Platform

   O D@? Finance Buddha Got Listed on NSE SME Platform On Nov 13,2025 (%) L—4 Finance Buddha

8. Slide 8: Finbud Financial Services Ltd - At a Glance

   c Dg Finbud Financial Services Ltd (Finbud - At a Glance) & Incorporated in 2012, led by a Retail loan aggregation platform -/ The only major player to have a Capital efficient business model seasoned founding team in India that helps people get hybrid business model - with low operating costs, aids

9. Slide 9: Business Model - Integrated Growth Engine (1/2)

   ;3 Business Model - Integrated Growth Engine : From Agent Engine > Data Intelligence [S> - Digital Scaling > Multi - Product Cross - Sell (1/2) Finance Buddha > Agent Engine - Data Lake - Digital Business — The Core Acquisition Built From Agent — High-Margin Flywheel Backbone (86% of Business) Led V

10. Slide 10: Business Model - Integrated Growth Engine (2/2)

    @S Business Model - Integrated Growth Engine : From Agent Engine > Data Intelligence IS> - Digital Scaling » Multi - Product Cross - Sell (2/2) IPO to fund technology, customer insights and analytics and growth Product Portfolio Mix H1 FY 26 Revenue Mix- Channel 1.78% 0.71% = Personal Loans 85.46% 8

11. Slide 11: Finbud's End-to-End Business Process

    D@? Finbud’s End-to-End Business Process — Creating Value at Every Step Lead Generation Leads sourced via agent network and digital marketing (SEO, paid ads, app, website). Customer Retention & Cross - Sell Strategy Use initial loan data to upsell top-ups, credit cards, Customer expresses loan inten

12. Slide 12: Unique Competitive Positioning

    o D@? Unique Competitive Positioning - Why This Isn't Just Another Loan Aggregator L Finance Buddha No direct comparable - hybrid model with structural advantages Seate (DiSbursalS) CAG Ecenomics NEFe Strategy With Low Offline DSAs 1L+ Cr . d No Franchisees Margin Digital ~X¥28 k Cr to 30k Cr Full H

13. Slide 13: Key Financial and Operating Metrics

    D@? Key Financial and Operating Metrics Capital Efficiency Metrics 8° 49.90% q} %) 32.10% 24.90% 230 Mar-23 Mar-24 Mar-25 ¥ Revenue (X Cr) uPAT(XCr) ~&— ROE ROCE EBITDA Growth Profitability Margins Fy22 FY25 Mar-23 Mar-24 Mar-25 FY23 Fy24 FY25 W EBITDA (XCn) = Disbursal Volume (in Crores) —e—EBITDAM

14. Slide 14: Half Yearly Performance

    Half Yearly Performance

15. Slide 15: Key Financial Performance Highlights

    D%S Key Financial Performance highlights Total Revenue 3139Cr 36% YoY PAT X5.1Cr * 34% YoY Total Revenue X223Cr ™17.4% YoY PAT X8.5Cr 1 50% YoY

16. Slide 16: Operational Highlights H1 2026

    e =553 ional Highli Operational Highlights H1 2026 < S H1FY26 Operational Performance Metrics © H1-26 Disbursals < 4247 Cr () + Annualised Expected FY 26 DISBURSALS ~ < 9700 Cr Network Expansion (=) * Added 350 new masteragents and onboarded ~7500+ last- mile agents, strengthening reach across Tier-

17. Slide 17: Strategic Highlights H1 2026 (1/2)

    Strategic Highlights H1 2026 (1/2) A Finance Buddha Introduction of New Products - Gold Loan & Wellness Products Muthoot Finance @ Rolled out gold loans with Muthoot Finance and DBS /‘-\ « Scaled rapidly to ¥50 Cr+ monthly disbursals { 01 within ~6 months. = ; Zero incremental CAC - entirely driven

18. Slide 18: Strategic Highlights H1 2026 (2/2)

    n\%? Strategic Highlights H1 2026 (2/2) A ) Finance Buddha Successful IPO Listing — Performance Overview The company completed a successful SME IPO ¢) listing, reflecting strong investor confidence in the o - hybrid loan-aggregation model. Listed ata 10.56% premium to issue price, supported by healt

19. Slide 19: Consolidated Profit & Loss - H1FY26

    ® D'\b@/; Consolidated Profit & Loss - H1FY26 - Unaudited L Financ Particulars (Rs Mn) H1FY26 H1FY25 % Change Revenue From Operation 139.0 102.4 Other Income 0.1 0.0 Totallncome 139.1 102.4 35.8% Employee Benefit Expenses 13.7 10.4 Other Expenses 116.2 85.3 EBITDA 9.1 6.6 37.0% EBITDA Margin 6.5% 6.

20. Slide 20: Consolidated Balance Sheet

    D@? Consolidated Balance Sheet in Crores EQUITY AND LIABILITIES ASSETS 1. Shareholders' Funds 1. Non-current Assets (a) Share Capital 14.00 14.00 0.02 0.02 (a) Property, Plant & (b) Reserves and Surplus 27.25 22.13 1077 6.11 Equipment 3.06 2.80 2.43 2.18 Total Shareholders' — Gk SSUS Uikd Gk (b) Int

21. Slide 21: Growth Outlook - FY26 and Beyond

    ® D'\b@/; Growth Outlook - FY 26 and Beyond , 9, Total Disbursals %7200 Cr ~%9700 Cr Revenue 222 Cr ~%300 Cr+ Digital Mix 15% ~15% EBITDA Margins 6.7% (blended) ~6.7% (blended) Customer Base (Cumulative) 4 Cr+ ~4.5Cr + Agent Network 2,500+ master agents 3000+ master agents Company Expected to grow b

22. Slide 22: Key Growth Strategies

    Key Growth Strategies

23. Slide 23: Vision 2030 - India's #1 Hybrid Financial Services Aggregator

    DS_@//: VISION 2030- INDIA’S # 1 HYBRID FINANCIAL SERVICES AGGREGATOR Shift from 85% Agent /15% Digital > 70% / 30% mix [ 02 * High margin Cross sell: Gold Loans, CarLoans, by FY30. Health & Wellness Plans, Housing Loans, Loans Higher proportion of pre-approved programs, Against Property, Cards etc.

24. Slide 24: LTCV Credit (Finbud's NBFC arm) - Strategic Value Unlocking

    o Dg; LTCV Credit (FinBud’s NBFC arm) “Strategic Value Unlocking” j L= The NBFC arm serves a dual purpose - (1) optionality value and (2) improved funnel conversion - by acting as a controlled fallback engine, funnel optimization and enabling FinBud to capture deeper lifecycle monetisation from its

25. Slide 25: Annexures

    Annexures

26. Slide 26: The Problem Statement - Consumers, Agents and Banks

    O D% The problem statement — We are Addressing Across Consumers, Agents and Banks Borrowers’ Pain Points : - vantage /\ * Limited options when approaching a single bank f( - Loy e Multi-lender access (100+ partners) with policy-based ) = Highrejection rates for many matchmaking, increasing approval

27. Slide 27: Long-Standing Partnerships with 100+ Banks, NBFCs and Fintechs

    ® D@? Long-Standing Partnerships with 100+ Banks NBFCs and Fintechs L Finance Buddha Total Lending Partners 100+ Major Banks : ee v e RN cici Bank xS Banx Top NBFCs: Wt P | TATA CAPITAL Fintech Partners: - ?Ib@ ‘ KreditBee n-l navi

28. Slide 28: Key Milestones of Finbud Financial Services Ltd

    D@S Key Milestones of Finbud Financial Services Ltd Finance Buddha 2015 2016 2022 2023 2024 2025 Entered multiple Equity investment Invested significantly Significant revenue Company became Surpassed geographies; opened received from The in building digital and growth of 54% in profitable with ¥593.

29. Slide 29: Key Investment Highlights

    D@S Key Investment Highlights Finance Buddha NG o N o / \ A\ / s Proven Track S A Compounding R ] . Record with Borrower- TZ'?:"":"%V ) i (=50 Extensive Agent Taf:,'.,?:i”;fifi,,g Network with experienced Intelligence and Analytics Fulfillment Multi-Year Retail Reach PAN founders Flywheel Driving Cred

30. Slide 30: Macro Momentum: Expanding Credit, Rising Digital Engagement

    @? Macro Momentum : Expanding Credit, Rising Digital Engagement, Strong Disbursal [X> Growth India is a large Consumer Credit Market With an increasing share India continues to be one of the world’s most underpenetrated credit markets of Digital* Retail creditin India, covering housing, vehicles, go

31. Slide 31: Proven Track Record with Experienced Founders

    D@? Proven Track Record with experienced founders Finance Buddha Parth Pande Parag Agarwal Vivek Bhatia (Whole-Time Director) (Whole-Time Director& Chief Financial Officer) (Whole-Time Director) Ex-VP at Citibank, 18+ years 18+ years of experience in investment life cycles; 20+ years of experience a

32. Slide 32: The Hidden Engine: A Borrower-Intelligence Flywheel

    @0 The Hidden Engine : A Borrower-Intelligence Flywheel Transforming Finbud Into a Data- 6 03> Led Lending Powerhouse Findhce BOAN Memory Bank “Accuracy = Margin Expansion” Finbud’s hybrid engine (agent + digital) has created a dynamic As the Borrower Graph deepens, borrower graph with : Finbud’s :

33. Slide 33: Technology and Analytics - Our Backbone

    @2 =553 Technology and Analytic- s — Our Backbone o (%) A Finance Buddha Technology Roadmap: Digital Lending | =] (e fi . )))_fi_ )))_fl_ »)__ »>__ »)_E Data Lake Data Platform App Embedded Web 3.0 Fintech Creation Enrichment Upgradation Transformation Credit Platform Launch Development Establishing a

34. Slide 34: End to End Fulfillment Model

    ) D@S End to End Fulfillment Model A& Finance Buddha Most peers are : Either conventional lenders with no digital lifecycle management Or pure digital players with high CAC and thin margins even after multiple years of existence Finbud’s Hybrid Approach : * Agent model focuses on reaching a large nu

35. Slide 35: Extensive Agent Network with PAN Reach

    @O 5 5 (] > Extensive Agent Network with PAN Reach L IS— Finance Buddha ® Others Haryana & Delhi Karnataka : 29% Maharashtra : 16% Telangana : 12.9% ° ; i 4 Tamil Nadu : 8% Agent distribution ° Delhi: 7% spans all major regions, . > demonstrating Finance Uttar Pradesh : 3.2% Buddha’s PAN-India Harya

36. Slide 36: Summary Of Financial Information

    IIIS@/; Summary Of Financial Information Revenue from Operations 223.28 190.24 Other Income 0.22 0.04 0.09 TotallIncome 223.50 190.28 135.57 Expenses Employee Benefit Expenses 22.54 18.15 14.45 Finance Costs 141 115 0.98 Depreciation and Amortization Expenses 57 1.45 0.90 Other Expenses 186.08 161.5

37. Slide 37: Consolidated Cash Flow

    D'\b@/; Consolidated Cash Flow in Crores CASH FLOW STATEMENT Net Cash (Used in)/Generated from Operating Activities -5.10 -13.33 -2.09 2.69 Net Cash (Used in)/Generated from Investing Activities -1.11 -1.46 -1.66 -1.46 Net Cash (Used in)/Generated from Financing Activities 15.21 20.37 3.87 0.83 Net

38. Slide 38: Thank You

    N — 4 Finance Buddha Thank You Address:- No. 10, 1st Floor, 6th Main, 9th Cross Jeevan Bhima Nagar, Bangalore, Karnataka, India, 560075 cs@financebuddha.comid Raashi Khatri Aakanksha Gupta Go India Advisors Go India Advisors raashi@GolndiaAdvisors.com aakanksha@GolndiaAdvisors.com

Finbud Financial Services — H1 FY2026 Earnings Presentation on 6ix