Muthoot Fincorp Limited

• Augmenting the Company’s Tier I capital base to meet its future capital requirements, including onward lending, arising out of the growth and expansion of its business, including its digital platform and diversified lending portfolio

The DRHP states that as on the date of the DRHP, there are no other outstanding criminal proceedings, actions taken by regulatory authorities, claims related to direct and indirect taxes, or other litigations involving the Relevant Parties, Key Managerial Personnel, and Senior Management, except for those disclosed in the section. A consolidated disclosure is included below for specific criminal cases and complaints filed by Labour Inspectors. Further, there are no disciplinary actions by SEBI or recognized stock exchanges against the Promoters in the last five Fiscals.

• If our customers default in their repayment obligations, we may be unable to control the level of NPAs in our portfolio. As of March 31, 2026, our GNPA and NNPA were 1.61% and 0.74%, respectively. Any inability to control the level of NPAs in our portfolio or improve our provisioning coverage ratio, could adversely affect our business, results of operations, financial condition and cash flows.(Asset Quality and Credit Risk)

• As of March 31, 2026, ₹493,312.01 million aggregating to 67.17% of AUM was attributable to our gold loans. We are exposed to volatility in gold prices, which may adversely affect our business, results of operations, financial condition and cash flows.(Concentration Risk)

• Our business is significantly dependent on our gold loan portfolio, which constitutes 67.17% of our AUM, as of March 31, 2026. As a result of this concentration, we are exposed to risks specific to the gold loan segment as well as fluctuations in gold prices.(Concentration Risk)

• Gold prices are inherently volatile and influenced by macroeconomic conditions, global demand-supply dynamics, wars, currency movements and investor sentiment, which are beyond our control.(Market Risk)

• While we maintain loan-to-value ratios within applicable regulatory limits and our internal risk thresholds, including through portfolio monitoring, automated triggers and customer communications, there can be no assurance that such measures will be sufficient in all circumstances.(Operational Risk)

• The applicable regulatory framework prescribes loan-to-value requirements for loans, and any significant or sudden decline in gold prices may cause the loan-to-value ratios of certain loans in our portfolio to increase and, in some cases, exceed applicable regulatory limits or our internal thresholds.(Regulatory Risk)

• Any such breach of applicable loan-to-value requirements may require us to take corrective actions, including seeking additional collateral, partial repayment or loan recall, and may also expose us to regulatory scrutiny, penalties or other action, which could adversely affect our reputation, operations and financial condition.(Regulatory Risk)

• Further, if gold prices decline between the time of loan origination and the auction of pledged assets, we may be unable to recover the full outstanding amount, including accrued interest and charges, which could result in higher credit losses and increased provisioning requirements.(Credit Risk)

Each bar is a fixed formula applied to the figures shown above, scored 0–100. This is a reading of what the company disclosed — not a recommendation to apply or avoid, not a price target, and not a prediction of listing performance. Dimensions that could not be extracted are excluded rather than assumed, so coverage varies between documents.