PLEASE READ THIS DISCLAIMER CAREFULLY AND AGREE WITH THE TERMS AND CONDITIONS OF THIS DISCLAIMER BEFORE CONTINUING. IT APPLIES TO ALL PERSONS WHO VIEW THIS WEBSITE. PLEASE NOTE THAT THE DISCLAIMER SET OUT BELOW MAY BE ALTERED OR UPDATED. YOU SHOULD READ IT IN FULL EACH TIME YOU VISIT THE WEBSITE.THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS OUTSIDE INDIA. THE PROSPECTUS HAS BEEN MADE AVAILABLE ON OUR WEBSITE TO COMPLY WITH THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED). The following disclaimer applies to the Prospectus in relation to the proposed initial public offering in India of the equity shares (“Equity Shares”) of ESAF Small Finance Bank Limited (the “Bank”) (the “Offer”). You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Prospectus. By accessing the Prospectus, you agree to follow the following terms and conditions, including any modifications to them from time to time. No person outside India is eligible to bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Prospectus and the preliminary international wrap. The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold within the Unites States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares to be offered in the Offer shall be offered and sold only (i) outside the United States in reliance on Regulation S under the U.S. Securities Act and (ii) in the United States to qualified institutional investors (as that term is defined in Rule 144A under the U.S. Securities Act) in reliance on Section 4(a)(2) of the U.S. Securities Act with respect to the Bank and Rule 144A under the U.S. Securities Act with respect to the Selling Shareholders (as defined in the Prospectus). The copy of the Prospectus hosted on this website may not be distributed, directly or indirectly, outside India. You are hereby notified that any forwarding, delivery, distribution or reproduction of the Prospectus, in whole or in part, outside India is strictly prohibited. Failure to comply with this disclaimer may result in a violation of the applicable laws. If you access the Prospectus, you agree not to forward, deliver or distribute it, in whole or in part, to any person outside India. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” of the Prospectus. You are accessing this website at your own risk. None of the Bank, its directors or employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or resulting from the act or omission of any other party involved in making this website or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the website or these materials. The Bank shall not be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently none of the Bank, its directors or employees accepts any liability or responsibility whatsoever in respect of alterations or changes which may have taken place during the course of transmission of the Prospectus in electronic format. You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. If you are not in India, please exit this webpage. I Confirm that I am a Resident of India and I have read the above legal notice and am entitled to download the Prospectus

PLEASE READ THIS DISCLAIMER CAREFULLY AND AGREE WITH THE TERMS AND CONDITIONS OF THIS DISCLAIMER BEFORE CONTINUING. IT APPLIES TO ALL PERSONS WHO VIEW THIS WEBSITE. PLEASE NOTE THAT THE DISCLAIMER SET OUT BELOW MAY BE ALTERED OR UPDATED. YOU SHOULD READ IT IN FULL EACH TIME YOU VISIT THE WEBSITE.THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS OUTSIDE INDIA. THE RED HERRING PROSPECTUS HAS BEEN MADE AVAILABLE ON OUR WEBSITE TO COMPLY WITH THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED). The following disclaimer applies to the red herring prospectus (the “Red Herring Prospectus”) in relation to the proposed initial public offering in India of the equity shares (“Equity Shares”) of ESAF Small Finance Bank Limited (the “Bank”) (the “Offer”). You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Red Herring Prospectus. By accessing the Red Herring Prospectus, you agree to follow the following terms and conditions, including any modifications to them from time to time. No person outside India is eligible to bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap. The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold within the Unites States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares to be offered in the Offer shall be offered and sold only (i) outside the United States in reliance on Regulation S under the U.S. Securities Act and (ii) in the United States to qualified institutional investors (as that term is defined in Rule 144A under the U.S. Securities Act) in reliance on Section 4(a)(2) of the U.S. Securities Act with respect to the Bank and Rule 144A under the U.S. Securities Act with respect to the Selling Shareholders (as defined in the Red Herring Prospectus). The copy of the Red Herring Prospectus hosted on this website may not be distributed, directly or indirectly, outside India. You are hereby notified that any forwarding, delivery, distribution or reproduction of the Red Herring Prospectus, in whole or in part, outside India is strictly prohibited. Failure to comply with this disclaimer may result in a violation of the applicable laws. If you access the Red Herring Prospectus, you agree not to forward, deliver or distribute it, in whole or in part, to any person outside India. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” of the Red Herring Prospectus. You are accessing this website at your own risk. None of the Bank, its directors or employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or resulting from the act or omission of any other party involved in making this website or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the website or these materials. The Bank shall not be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently none of the Bank, its directors or employees accepts any liability or responsibility whatsoever in respect of alterations or changes which may have taken place during the course of transmission of the Red Herring Prospectus in electronic format. You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. If you are not in India, please exit this webpage. I Confirm that I am a Resident of India and I have read the above legal notice and am entitled to download the Red Herring Prospectus

PLEASE READ THIS DISCLAIMER CAREFULLY AND AGREE WITH THE TERMS AND CONDITIONS OF THIS DISCLAIMER BEFORE CONTINUING. IT APPLIES TO ALL PERSONS WHO VIEW THIS WEBSITE. PLEASE NOTE THAT THE DISCLAIMER SET OUT BELOW MAY BE ALTERED OR UPDATED. YOU SHOULD READ IT IN FULL EACH TIME YOU VISIT THE WEBSITE.THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS OUTSIDE INDIA. THE DRAFT RED HERRING PROSPECTUS HAS BEEN MADE AVAILABLE ON OUR WEBSITE TO COMPLY WITH THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED). The following disclaimer applies to the draft red herring prospectus (the “Draft Red Herring Prospectus”) in relation to the proposed initial public offering in India of the equity shares (“Equity Shares”) of ESAF Small Finance Bank Limited (the “Bank”) (the “Offer”). You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Draft Red Herring Prospectus. By accessing the Draft Red Herring Prospectus, you agree to follow the following terms and conditions, including any modifications to them from time to time. The Draft Red Herring Prospectus does not constitute an offer of securities for sale in any jurisdiction, including India, and any potential investors should not rely on the Draft Red Herring Prospectus. The offer and sales of the Equity Shares to be offered in the Offer shall be made only pursuant to the Red Herring Prospectus (when available), if the investor is in India, or the Red Herring Prospectus and the accompanying preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India) if the investor is outside India. No person outside India is eligible to bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap. The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold within the Unites States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares to be offered in the Offer shall be offered and sold only (i) outside the United States in reliance on Regulation S under the U.S. Securities Act and (ii) in the United States to qualified institutional investors (as that term is defined in Rule 144A under the U.S. Securities Act) in reliance on Section 4(a)(2) of the U.S. Securities Act with respect to the Bank and Rule 144A under the U.S. Securities Act with respect to the Selling Shareholders (as defined in the Draft Red Herring Prospectus). The copy of the Draft Red Herring Prospectus hosted on this website may not be distributed, directly or indirectly, outside India. You are hereby notified that any forwarding, delivery, distribution or reproduction of the Draft Red Herring Prospectus, in whole or in part, outside India is strictly prohibited. Failure to comply with this disclaimer may result in a violation of the applicable laws. If you access the Draft Red Herring Prospectus, you agree not to forward, deliver or distribute it, in whole or in part, to any person outside India. You are accessing this website at your own risk. None of the Bank, its directors or employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or resulting from the act or omission of any other party involved in making this website or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the website or these materials. The Bank shall not be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently none of the Bank, its directors or employees accepts any liability or responsibility whatsoever in respect of alterations or changes which may have taken place during the course of transmission of the Draft Red Herring Prospectus in electronic format. You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. If you are not in India, please exit this webpage. I Confirm that I am a Resident of India and I have read the above legal notice and am entitled to download the Draft Red Herring Prospectus.