Paytm Q2 FY 2024 Financial Performance

Expected ESOP charges (as disclosed in December 2022) Paytm Total ESOP Cost (Cr) Q1 Q2 Q3 Q4 As of Sep 2022 In Mn Basic shares outstanding 648.9 FY 2023 376 370 ESOPS vested and unexercised 3.5 FY 2024 363 363 343 340 ESOPs granted and unvested 33.1 FY 2025 331 273 230 178 ESOPs available for distribution 10.6 FY 2026 148 147 72 71 FY 2027 66 99 595 65 5 CT Estimated Fully Diluted shares 695.0 Note: 1. The above table illustrates expected ESOP cost for all ESOPs granted so far, as of November 2022 2. Above cost assuming all granted ESOPs are vested and no new ESOPs are granted 3. For any lapses of unvested ESOPs, normally on attrition, the cost of unvested ESOP recorded so far is reversed in that quarter 45 4. Actual charges might be different based on incremental issuances as well as lapses 5. 6. For new ESOP grants, the total estimated charge would be number of options granted times the fair value per share, which is based on the share price on the day of the grant, among other factors. The charge is front-ended with approximately 38% in Year 1, 28% in Year 2, 18% in Year 3, 11% in Year 4 and 5% in Year 5 Movements of share price after the date of the grant do not affect the ESOP charge for already granted ESOPS 15

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