Fino Payments Bank has informed that the matter is sub-judice, the Bank is limiting its responses to factual clarifications only. Clarifications: Regarding the alleged expansion of probe to PMLA/ED: This is non-factual and speculative. As consistently disclosed, the Bank is currently not subject to any investigation by any authority other than the Directorate General of GST Intelligence (“DGGI”), Hyderabad, in connection with this matter; Scope of current investigation: As previously disclosed, the ongoing investigation by the DGGI pertains to certain program manager(s) and merchants associated with multiple banks including the Bank and not to the GST compliance of the Bank itself; Clarification regarding court proceedings: Rejection of bail by the court is completely incorrect reference in the media article; No involvement in gaming or betting activities: The Bank reiterates that it does not directly or indirectly engage in or promote any gaming or betting activities through any platform, website or channel. The Bank remains committed to the highest standards of governance, regulatory compliance and transparency expected of a regulated financial institution and continues to fully cooperate with the relevant authorities. The Bank will continue to engage constructively with regulators and stakeholders and will make appropriate disclosures in accordance with applicable laws and regulatory requirements. This disclosure will also be available on the Bank’s website at www.fino.bank.in.

The above information is a part of company’s filings submitted to BSE.