Summary of Proceedings

The 37th Annual General Meeting (AGM) of Oracle Financial Services Software Limited was held on Thursday, July 23, 2026 at 3:00 PM IST through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The meeting was conducted in compliance with circulars from the Ministry of Corporate Affairs (MCA) and SEBI, and in accordance with the Companies Act, 2013 and related Rules.

Meeting Attendance and Leadership

Ms. Jane Murphy, Chairperson of the Board, chaired the AGM. All Directors of the Company attended the meeting, along with the Chief Financial Officer and Company Secretary. The Statutory Auditors, Secretarial Auditors, and Scrutinizer also joined the meeting.

Leadership Changes

The Chairperson announced leadership changes that were communicated the previous day. The company acknowledged the contributions of Mr. Makarand Padalkar, who stepped down as Managing Director and Chief Executive Officer. Mr. Avadhut Ketkar was welcomed as the new Managing Director and Chief Executive Officer, and Mr. Manish Bhandari was introduced as Chief Financial Officer.

Business Update

Mr. Simon Walker provided a brief update on the company's AI transformation initiatives.

Notice and Documentation

The Notice of the AGM dated June 10, 2026 was taken as read. The notice was sent via email on June 27, 2026 to shareholders with registered email addresses. For shareholders without email registration, a letter with a web-link to the Annual Report for FY 2025-26 and Notice of AGM was sent. The Statutory Auditors' Report and Secretarial Auditor's Report were taken as read as they contained no qualifications.

Resolutions Considered

The following resolutions from the AGM notice were explained by the Chairperson:

1. Ordinary Resolution: To receive, consider and adopt the Audited Financial Statements (including consolidated financial statements) for the financial year ended March 31, 2026, along with Reports of the Board of Directors and Auditors.

2. Ordinary Resolution: To confirm the payment of 1st interim dividend of ₹130 per equity share and 2nd interim dividend of ₹270 per equity share (already paid) as the final dividend for FY ended March 31, 2026.

3. Ordinary Resolution: To appoint a Director in place of Kimberly Woolley (DIN: 07741017) who retires by rotation and offers herself for re-appointment.

4. Ordinary Resolution: To appoint a Director in place of Gopala Ramanan Balasubramaniam (DIN: 02785489) who retires by rotation and offers himself for re-appointment.

5. Special Business - Ordinary Resolution: To approve payment of commission to Directors (excluding Managing Director and Whole-time Director) not exceeding 1% of net profits per financial year for five years from April 1, 2027 to March 31, 2032.

Voting Process

Remote e-voting was available to all members from July 18, 2026 (9:00 AM IST) to July 22, 2026 (5:00 PM IST). Members who had not voted earlier were provided voting facilities during the AGM.

Shareholder Interaction

Registered speakers among members were invited to speak during the meeting. The Managing Director & Chief Executive Officer and Chief Financial Officer responded to questions and queries raised by members.

Meeting Conclusion and Results

The AGM concluded at 4:31 PM IST, including the 15-minute e-voting period after the meeting. The combined results of remote e-voting and e-voting at the AGM, along with the Scrutinizer's Report, will be communicated to NSE and BSE. The results will also be placed on the company's website and NSDL website within statutory timelines.