Muthoot Microfin Limited — Capital/Financing Update 2024

Jun 12, 2024

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Date: June 12, 2024

To,

BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Exchange Plaza, 5th Floor, 2nd Floor, New Trading Wing, Plot No. C/1, G Block, Rotunda Building, Bandra Kurla Complex, Bandra (E), P.J. Towers, Dalal Street, Mumbai 400 001 Mumbai 400 051 Scrip Code: 544055 Scrip Code: MUTHOOTMF

Dear Madam/Sir,

Sub: Press Release

Pursuant to Regulation 30 of SEBI (Listing Regulations and Disclosure Requirements), 2015, we hereby submit the Press Release with respect to the announcement of significant update on the recent External Commercial Borrowings Initiative.

The same is also available on the website of the company at www.muthootmicrofin.com

We request you to kindly take the above information on record.

Thanking you,

Yours faithfully,

For Muthoot Microfin Limited

NEETHU AJAY

Digitally signed by NEETHU AJAY Date: 2024.06.12 11:10:03 +05'30'

Neethu Ajay

Chief Compliance Officer and Company Secretary Membership No. A34822

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Muthoot Microfin’s USD 25 Million Greenshoe Option Oversubscribed, Announces Closure of USD 113 Million ECB

• The greenshoe option was oversubscribed from an initial amount of USD 25 Mn to USD 38 Mn

• The greenshoe portion was participated by Union Bank of India (DIFC Branch), Bank of Bahrain and Kuwait B.S.C., Bank of India (DIFC Branch, Dubai), Mega International Commercial Bank (Labuan Branch)

Kochi, June 12, 2024: Muthoot Microfin Limited (NSE: MUTHOOTMF, BSE: 544055), a leading Indian microfinance institution has announced a significant update to its recent External Commercial Borrowing (ECB) initiative. The greenshoe portion of the ECB was oversubscribed from USD 25 Mn to USD 38 Mn and was participated by Union Bank of India (DIFC Branch), Bank of Bahrain and Kuwait B.S.C., Bank of India (DIFC Branch, Dubai), Mega International Commercial Bank Co. Ltd. (Labuan Branch).

This expansion in the greenshoe option comes after the successful initial raise of USD 75 million, which was solely arranged by Standard Chartered Bank, acting also as the Social Loan Coordinator. The development underscores the strong confidence international investors have in Muthoot Microfin’s growth and mission.

Mr. Sadaf Sayeed, CEO of Muthoot Microfin Limited, stated, "We are delighted to receive an overwhelming response to our ECB paper in the international market. The increased greenshoe amount is a testament to the faith and trust that global financial institutions have in our business and the social impact it is making . We are glad to receive the offer from marquee international names; it will help us diversify our source of funds further. This will bolster our efforts in deepening financial inclusion agenda by providing microfinance loans across geographies, promoting entrepreneurship among women, and fostering inclusive growth."

About Muthoot Microfin Limited:

Muthoot Microfin Ltd. is a part of Muthoot Pappachan Group (also known as Muthoot Blue) and is one of the leading listed MFIs in India. It has inherited values, principles of integrity, collaboration, and excellence to take forward the legacy of 137 years. The microfinance operations of the Company are designed to promote entrepreneurship among women and inclusive growth. It provides financial assistance through micro loans such as income generating loans to women engaged in small businesses. It is involved in delivering financial services to masses including underprivileged and disadvantaged people, living in the rural sectors of the Indian society at affordable terms, in quick turnaround time and with hassle-free processing is the aim of our financial inclusion drive. As on 31[st] March 2024, the Company had 3.35 million active customers served through 1,508 branches spread across 19 states and 353 districts with a Gross Loan Portfolio (GLP) of 12,193.5 Cr. It is also part of S&P BSE Financial Services Index.

For more information, please contact:

|Mr. Rajat Gupta | AVP – Investor Relations||Ms. Neethu Ajay||
|---|---|---|---|
|Muthoot Microfin Ltd.||Muthoot Microfin Ltd.||
|Email:rajat.gupta@muthootmicrofin.com||Email:info@muthootmicrofin.com||
|www.muthootmicrofin.com||www.muthootmicrofin.com||
|||||

Caution Concerning Forward- Looking Statements:

This document includes certain forward-looking statements. These statements are based on management's current expectations or beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors. The Company is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.