Satin Creditcare Network Limited informed that the Working Committee of the Board of Directors of the Company, in its meeting held on May 08, 2024, has inter-alia, considered and approved the terms and conditions for issuance of 33,200 (thirty three thousand and two hundred) Senior, Secured, Rated, Listed, Taxable, Redeemable, Transferable, Non-Convertible Debentures denominated in Indian Rupees (?INR?), having a face value of INR 1,00,000 (Indian Rupees One Lakh) each and an aggregate face value of INR 332,00,00,000 (Indian Rupees Three Hundred and Thirty-Two Crore only) being the notional equivalent of USD 40,000,000 (United States Dollars Forty Million) (?Debentures? or ?NCDs?) on a private placement basis (the ?Issue?). Tenure of Instrument: Date of Allotment: The Debentures are proposed to be issued on May 22, 2024 (?Deemed Date of Allotment?).

Date of Maturity: May 22, 2029, being 60 (sixty) months from the Deemed Date of Allotment (?Final Redemption Date?). Tenure: 60 (sixty) months from the Deemed Date of Allotment. Coupon/interest offered, schedule of payment of coupon/interest and principal Coupon/Interest offered: 3.60% per annum plus the Base Rate and the Cost of Funds Spread payable semi-annualy (?Interest Rate?).

Schedule of payment of coupon/interest: The interest on the Debentures shall be payable on semi-annualy basis on each interest payment date in accordance with the debenture trust deed to be executed between the Company and the debenture trustee (?DTD?). Schedule of payment of principal: The Debentures shall be redeemed on a pari passu basis by the Company by making the payment of the outstanding principal amounts on a yearly basis on the redemption dates and the Final Redemption Date as set out in the DTD.