JANA SMALL FINANCE BANK : PREFERENTIAL ISSUE OF WARRANTS

• Allotment of 88,43,000 warrants, each carrying a right to subscribe to 1 fully paid-up equity share, approved by the board. • Investors include Singularity Large Value Fund III, ICM Finance Private Limited, 2i Capital PCC, Capri Global Ventures Private Limited and Utpal Hemendra Sheth. • Total warrants allotted to these investors: 10,20,923 to Capri Global Ventures, 55,25,000 to 2i Capital PCC, 10,20,923 to ICM Finance, 10,20,923 to Singularity Large Value Fund III, and 2,55,231 to Utpal Hemendra Sheth. • GWC Family Fund Investments Pte. Ltd. has applied to RBI for approval to subscribe to 68,29,909 warrants. • Investors have paid an amount of ₹102,76,00,818.00 to the Company. • The equity shares issued upon conversion will be listed on BSE and NSE. Impact: Neutral (Preferential allotment of warrants to existing investors and an application for warrants from a new entity)

Jana Small Finance Bank Limited

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