Sundaram Finance Limited informed that, based on the recommendation of the Nomination, Compensation and Remuneration Committee, the Board of Directors, appointed the following persons in the Senior Management category: Appointed Mr. Mukund Raghavan as the Chief Risk Officer for a period of three (3) years w.e.f. 15th November 2024, in the place of Mr. N. Raman, who will be completing his term of office as Chief Risk Officer and retiring from the services of the Company as at the close of the business hours on 14 November 2024. Appointed Mr. Ajit Narasimhan as Head - Strategy & Planning w.e.f. 1 October 2024. Appointed Mrs. Bama Balakrishnan as Senior Vice President ­ Finance w.e.f. 7 th October 2024.

Brief profile of Mr. Mukund Raghavan, Date of Birth & Age; 15 June 1966 58 Years, Qualification; B.Com CAIIB, Experience; He has been with the SF Group for 28 years, including 26 years in the Company, with varied experience across multiple functions like leasing, SME financing, farm equipment financing and corporate financing, covering operations, credit and risk segments. Prior to that he has spent over 10 years at State Bank of India in their international banking and forex divisions. Brief profile of Mr. Ajit Narasimhan, Date of Birth & Age; 4 August 1982 42 years, Qualification; B.Com ­ University of Madras PGPM - Great Lakes Institute of Management, Chennai, Experience; He has been with the SF Group for nearly 15 years and has distinguished himself as an expert in marketing, products and digital.

He has played a crucial role in the business' growth and profitability of Sundaram Asset Management Company over the years. He has led a number of strategic initiatives for Sundaram Mutual, including customer marketing, distributor marketing and digital initiatives. Brief profile of Mrs. Bama Balakrishnan, Date of Birth & Age; 28 November 1975 49 years, Qualification; B.Com ­ University of Madras PGDM ­ Indian Institute of Management, Ahmedabad Grad.

CWA ­ Institute of Cost & Management Accountants of India Awarded CFA charter, Member of CFA Institute and CFA Society India, Experience; She has spent over 10 years at ICICI Bank in Chennai, Mumbai, New York and Singapore, handling various responsibilities. Thereafter, she has been associated with Northern Arc Capital Limited for 12 years as their Chief Risk Officer, Chief Financial Officer, and Executive Director & Chief Operating Officer.