Resilient Proposes 4.98% Paytm Block Trade

Date: August 17, 2026

Transaction Disclosure

Resilient Asset Management B.V. ("Resilient") has informed the Company that it proposes to undertake a "Block Market Trade" to sell up to 4.98% shareholding in One 97 Communications Limited ("Paytm"). This transaction is being executed under Resilient's existing Optionally Convertible Debenture ("OCD") agreement with Antfin (Netherlands) Holding B.V. ("Antfin").

The economic value to be received by Resilient from this block trade will be retained by Antfin under the terms of the OCD agreement. This arrangement is consistent with the previous disclosure made on August 7, 2023, where Resilient had acquired an approximately 10.20% equity stake in Paytm from Antfin against OCDs issued to Antfin, with the economic interest continuing to belong to Antfin.

Company Position

The Company explicitly states that it is not a party to this transaction. There is no change in the Founder's direct shareholding in Paytm as a result of this proposed block trade.