NUVAMA WEALTH MANAGEMENT LIMITED : DISCLOSURE UNDER REGULATION 31(1) OF SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVER) REGULATIONS, 2011

• Disclosure pertains to encumbrances created by PAGAC Ecstasy Pte. Ltd. on shares of Nuvama Wealth Management Limited (NWM). • This is an additional disclosure regarding reasons for encumbrances due to increase in underlying amounts of facilities secured by existing encumbrances. • No further pledge or encumbrances created on additional equity shares of NWM since the last disclosure on December 20, 2024. • Amounts secured by encumbrances increased from USD 265,000,000 to USD 450,000,000 per the facility agreement. Impact: Neutral (Procedural disclosure on existing encumbrance update)

Nuvama Wealth Management Limited

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