• Binding term sheet signed with Nova Global Opportunities Fund for A$72M investment
• Funds to support expansion of ATM network and digital payments ecosystem in India
• Board renewal with two new directors with deep experience in banking, payments and corporate finance

Findi Limited (ASX: FND) has announced that its Indian subsidiary, Transaction Solutions International (India) Private Limited ('TSI'), has entered into a binding term sheet with Nova Global Opportunities Fund PCC ('Nova Global') to invest up to INR 418 crore (A$72 million) to fund further growth. The investment will be made in tranches, with the first tranche of INR 150 crore (A$26 million) to be paid on or before 15 February 2026 upon completion and execution of the long-form documentation. The remainder of the funds will be payable in tranches with timelines agreed between TSI and Nova Global. Proceeds from the investment will be applied primarily to fund ongoing capital expenditure for Brown Label and White Label ATM deployments and long-term working capital requirements. This strategic investment materially strengthens TSI's capital base and supports Findi's long-term strategy to scale its ATM footprint and digital payments ecosystem throughout India. The company has also announced a Board renewal process, with the appointment of two new Non-Executive Directors, Stephen Benton and Tineyi Matanda, who bring extensive experience in the banking, payments and corporate finance sectors to support Findi's transition toward becoming a Payments Bank and listed Indian entity.

The investment by Nova Global of up to INR 418 crore (A$72 million) will primarily fund ongoing capital expenditure for Brown Label and White Label ATM deployments and long-term working capital requirements for Findi's Indian operations.

The strategic investment from Nova Global will significantly strengthen TSI's balance sheet, support rapid scaling of both Findi's ATM and digital businesses, and reinforce confidence in the company's long-term vision.