Five-Star Business Finance Appoints Sreeram Iyer Independent Director

Nature of change: Appointment of Mr. Sreeram Ranganathan Iyer (DIN: 00472961) as Additional Director, designated as Non-Executive Independent Director
Effective date and tenure: July 25, 2026 for a term of 5 (five) consecutive years
Approval process: Approved by the Board of Directors based on recommendations of the Nomination & Remuneration Committee, subject to approval of shareholders at ensuing Annual General Meeting
Director status: Not liable to retire by rotation

Brief Profile and Qualifications:

Sreeram Ranganathan Iyer has over 33 years of experience in international banking
Most recently served as global Chief Operating Officer of a leading international bank for Corporate and Institutional Banking business, overseeing operations across approximately 25 countries
Held strategic leadership roles covering India, Middle East, Asia, Pacific, Australia, and New Zealand
Former CEO of Scope International, where he established and scaled up Standard Chartered's global shared services operations in India and other markets
Led the Bank's Global Capability Centres in India and Manila, comprising approximately 12,000 employees
Qualifications: MBA, CFA, Company Secretary, and Cost Accountant
Executive learnings from MIT and London Business School
Expertise in digital transformation, customer experience enhancement, and sustainable value creation through emerging technologies

Regulatory Compliance:

Mr. Iyer confirmed that he meets the criteria of independence under Section 149 of the Companies Act, 2013, and Regulation 16 of the SEBI LODR Regulations
Not debarred from holding the office of Director by virtue of any SEBI Order or any other Authority
Disclosure made pursuant to Regulation 30 read with Part A of Schedule III of SEBI LODR Regulations read with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated January 30, 2026
No relationships between directors disclosed (marked as Not Applicable)

Company Details:

Scrip Symbol/Code: FIVESTAR (NSE), 543663, 974905, 975246, 975598 (BSE)
Date of Disclosure: July 25, 2026
Board Meeting Date: July 25, 2026
Compliance Officer: Vigneshkumar SM, Company Secretary & Compliance Officer
Disclosure Availability: Available on company website at Compliances – Five-Star Group (https://fivestargroup.in/compliances/)