Future Consumer Limited announced that the company has been unable to service its obligations towards payment of amount of principal and interest due on unlisted Non-Convertible Debentures issued by the Company to CDC Emerging Markets Limited. Type of instrument with ISIN: Secured, Redeemable, Non-Convertible Debentures (Unlisted) ISIN: INE220J07121; ISIN: INE220J07139, Number of investors in the security as on date of default: 1 (One), Date of default: February 15, 2024, Current default amount (break-up of principal and interest in INR crore): The current default is towards payment of principal and interest as per details mentioned below: Interest Amount of INR 329.7 million (Deferred Coupon interest Rs.16 million, May quarter interest INR 47 million, August quarter interest INR 44.3 million November quarter Interest INR 44.3 million, February quarter interest INR 44.3 million, May Quarter interest INR 44.3 million, August Quarter Interest INR 44.3 million, Nov23 Quarter Interest INR 44.3 million and Feb. 24 Quarter Interest INR 44.3 million.) Principal Amount of INR 1,000 million (Deferred installment of INR 176 million, May installment INR 117.6 million, August installment INR 117.6 million, November installment INR 117.6 million, February installment INR 117.6 million, May Installment INR 117.6 million, August Installment INR 117.6 million, November Installment INR 117.6 million and February Installment INR 117.6 million).

Details of the obligation (amount issued, tenure, coupon, secured/unsecured, redemption date etc.): Amount Issued: INR 2,000 million Tenure /Redemption: 7 years from the date of allotment that is February 15, 2018. Coupon Rate: 11.07% p.a Secured. Total amount issued through debt securities INR 2,000 million Current Outstanding as on January 31, 2022, is INR 1,589 million.

Total financial indebtedness of the listed entity including short-term and long-term debt INR 4,789.9 million (As at December 31, 2023).