CRISIL Ltd. — Share Issue/Capital Change 2022

Jul 21, 2022

==> picture [561 x 79] intentionally omitted <==

July 21, 2022

Listing Department National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, 5[th] floor P J Towers Plot No. C/1, G Block Dalal Street Bandra-Kurla Complex Mumbai 400 001 Bandra (East) Mumbai 400 051

Dear Sirs

Sub: Allotment of shares under Employees Stock Option Schemes of the Company

This is to inform you that the Board of Directors of the Company has approved allotment of equity shares of CRISIL Limited of face value of Re. 1/- each to the employees of the Company as under:

• 22,208 (Twenty two thousand two hundred and eight only) equity shares pursuant to their exercising the stock options granted to them under the Employees Stock Option Scheme – 2014 (ESOS – 2014);

The details of the shares allotted pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 under ESOS – 2014 are given in Annexure A and Annexure B, respectively.

We request you to kindly take the same on record.

Yours faithfully, For CRISIL Limited

MINAL Digitally signed by MINAL AMIT AMIT BHOSALE Date: 2022.07.21 BHOSALE 21:16:00 +05'30' Minal Bhosale Company Secretary ACS 12999

Encl.: a/a

CRISIL Limited

Corporate Identity Number: L67120MH1987PLC042363

Registered Office: CRISIL House, Central Avenue, Hiranandani Business Park, Powai, Mumbai - 400076. Phone: +91 22 3342 3000 | Fax: +91 22 3342 3001 www.crisil.com

Annexure A

==> picture [561 x 79] intentionally omitted <==

Disclosures pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

==> picture [433 x 554] intentionally omitted <==

----- Start of picture text ----- Sr. Disclosures Particulars – ESOS 2014No.A. brief details of options granted The present instance is allotment of shares uponexercise of 22,208 options under ESOS – 2014.B. whether the scheme is in terms of SEBI(Share Based Employee Benefits andYesSweat Equity) Regulations, 2021 (ifapplicable)C. total number of shares covered by these 3,600,000 Equity Shares are covered under thisoptions scheme.The present disclosure is in respect of allotment of22,208 shares made on July 21, 2022.D. pricing formula (a) latest available closing price, prior to the dateof the meeting of the Board of Directors/Nomination and Remuneration Committee, inwhich the options are granted, on the stockexchange on which the shares of the Companyare listed. As the shares are listed on more thanone stock exchange, then the stock exchangewhere there is highest trading volume on thesaid date shall be considered.or(b) face value of shares.E. options vested Options granted would vest not less than one yearand not more than five years from the date of grantof such options.Under the scheme 19,74,797 options have vested.F. time within which option may be The Employee Stock Options granted can beexercised exercised with in a period of two years from thedate of vesting or such lesser period as may bedecided by the Nomination and RemunerationCommittee by submitting a written application tothe Company in such a manner and on execution ofsuch documents as prescribed by the Nominationand Remuneration Committee.G. options exercised22,208----- End of picture text -----

CRISIL Limited

Corporate Identity Number: L67120MH1987PLC042363

Registered Office: CRISIL House, Central Avenue, Hiranandani Business Park, Powai, Mumbai - 400076. Phone: +91 22 3342 3000 | Fax: +91 22 3342 3001 www.crisil.com

==> picture [561 x 79] intentionally omitted <==

==> picture [433 x 199] intentionally omitted <==

----- Start of picture text ----- Sr. Disclosures Particulars – ESOS 2014No.H. money realized by exercise of optionsRs. 3,93,15,528/-I. the total number of shares arising as a22,208result of exercise of optionJ. options lapsed22,24,710K. variation of terms of options N.A.L. brief details of significant terms Provided in Annexure CM. subsequent changes or cancellation orN.A.exercise of such optionsN. diluted earnings per share pursuant to issueN.A.of equity shares on exercise of options----- End of picture text -----

CRISIL Limited

Corporate Identity Number: L67120MH1987PLC042363

Registered Office: CRISIL House, Central Avenue, Hiranandani Business Park, Powai, Mumbai - 400076. Phone: +91 22 3342 3000 | Fax: +91 22 3342 3001 www.crisil.com

Annexure B

==> picture [561 x 79] intentionally omitted <==

Disclosures pursuant to Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021

==> picture [475 x 556] intentionally omitted <==

----- Start of picture text ----- Sr. Disclosures Particulars - ESOS 2014No.A. Company name and address of Registered CRISIL LimitedOffice CRISIL House, Central Avenue,Hiranandani Business Park, Powai,Mumbai 400076B. Name of the Stock Exchanges on which theBSE Limited (BSE)company’s shares are listedNational Stock Exchange of India Limited (NSE)C. Filing date of the statement referred inregulation 10(b) of the SEBI (Share Based July 28, 2014Employee Benefits and Sweat Equity) July 19, 2017Regulations, 2021 with Stock ExchangeD. Filing Number, if any BSE: DCS/IPO/JS/ESOP-IP/340/2014-15DCS/IPO/MS/ESOP-IP/2066/2017-18NSE: NSE/LIST/250132-CE. Title of the Scheme pursuant to which sharesCRISIL Employees Stock Option Scheme – 2014are issued, if anyF. Kind of security to be listedEquity SharesG. Par value of the sharesRe. 1/-H. Date of issue of shares21/07/2022I. Number of shares issued22,208J. Share Certificate No., if applicable N.A.K. Distinctive number of the share, if applicable 74444382 to 74466589L. ISIN Number of the shares if issued in DematINE007A01025M. Exercise price per share For 9,374 shares - Rs 1568.85 per optionFor 4,366 shares - Rs 1841.35 per optionFor 134 shares - Rs 1969.45 per optionFor 8,334 shares - Rs 1956.55 per optionN. Premium per share For 9,374 shares - Rs 1567.85 per optionFor 4,366 shares - Rs 1840.35 per optionFor 134 shares - Rs 1968.45 per optionFor 8,334 shares - Rs 1955.55 per optionO. Total issued shares after this issue7,30,44,657/-P. Total issued share capital after this issueRs. 7,30,44,657/------ End of picture text -----

CRISIL Limited

Corporate Identity Number: L67120MH1987PLC042363

Registered Office: CRISIL House, Central Avenue, Hiranandani Business Park, Powai, Mumbai - 400076. Phone: +91 22 3342 3000 | Fax: +91 22 3342 3001 www.crisil.com

==> picture [561 x 79] intentionally omitted <==

==> picture [475 x 152] intentionally omitted <==

----- Start of picture text ----- Sr. Disclosures Particulars - ESOS 2014No.Q. Details of any lock-in on the shares N.A.R. Date of expiry of lock-in N.A.S. Whether shares identical in all respects toAll shares of the Company allotted consequent toexisting shares if not, when will they becomeexercise of options shall rank pari passu with theidentical?existing shares of the Company.T. Details of listing fees, if payableN.A.----- End of picture text -----

CRISIL Limited

Corporate Identity Number: L67120MH1987PLC042363

Registered Office: CRISIL House, Central Avenue, Hiranandani Business Park, Powai, Mumbai - 400076. Phone: +91 22 3342 3000 | Fax: +91 22 3342 3001 www.crisil.com

Annexure C

==> picture [561 x 79] intentionally omitted <==

Brief details of significant terms

==> picture [497 x 224] intentionally omitted <==

----- Start of picture text ----- ESOS 2014Purpose of the plan: To reward the employees for their past association and performance as well as to motivatethem to contribute to the growth and profitability of the Company. The Company also intendsto use these schemes to attract and reward talent and performance in the organization.Vesting of Options: Options would vest not less than one year and not more than five years from the date of grantof such options.Exercise Price: Exercise price under ESOS 2014 is the latest available closing price, prior to the date of granton the recognised Stock Exchange on which the Shares of the Company are listed or face valueof shares.If the shares are listed on more than one recognised Stock Exchange, then for grants given onmarket price, the Stock Exchange where there is highest trading volume on the said date shallbe considered.Exercise period and Stock options granted can be exercised with in a period of two years from the date of vestingprocess of exercise: or such lesser period as may be decided by the Nomination and Remuneration Committee bysubmitting a written application to the Company.----- End of picture text -----

CRISIL Limited

Corporate Identity Number: L67120MH1987PLC042363

Registered Office: CRISIL House, Central Avenue, Hiranandani Business Park, Powai, Mumbai - 400076. Phone: +91 22 3342 3000 | Fax: +91 22 3342 3001 www.crisil.com