FND October 2025 Business Update Presentation

• Findi bridges the gap between traditional and digital banking, offering ATM solutions and inclusive financial services
• Large market opportunity with India remaining largely underbanked and cash-centric
• Robust BLA business with long-term contracts and high profitability

Findi is a leading fintech company in India that bridges the gap between traditional and digital banking. The company offers a range of solutions, including ATM services, Domestic Money Transfer, Aadhaar Enabled Payment System, Micro ATM, bill payments, recharges, travel services, and insurance services. Findi has a nationwide presence across 36 states and union territories, with over 175,000 ATM and payment locations. The company operates a robust BLA (Brown Label ATM) business with long-term contracts and high profitability, as well as a fast-growing digital banking solutions marketplace through its FindiPay platform. Findi is also pursuing the acquisition of Sphere, a banking-grade loyalty and reward platform, to enhance its offerings. The company has a strong track record of profitability and is well-positioned to benefit from the large market opportunity in India, which remains largely underbanked and cash-centric. Findi is on a clear path to become a 'Payments Bank' and plans to list on the Bombay Stock Exchange during FY27, providing a liquidity event for its shareholders.

Findi expects its operating revenue to exceed $100 million in FY26, driven by the recently acquired WLA and Digital business units. The company's operating EBITDA is expected to be between $10 million and $12 million in FY26, with an annualized run-rate of over $30 million by the end of the year as the BLA roll-out recovers and the WLA portfolio reset is completed.

Findi is focused on executing its WLA and Payments Bank strategies, and continues to pursue targeted bolt-on expansions, including the proposed acquisition of Sphere. The company is on a clear path to become a 'Payments Bank' and plans to list on the Bombay Stock Exchange during FY27, providing a liquidity event for its shareholders.