Capital First Investor Presentation September 2018

e. Legacy High Cost Borrowings Section 5: Deposits & Borrowings Bank continues to successfully run down the legacy high cost long term borrowings Balance In US$ Million Rol (%) As on Jun-22 As on Jun-23 FY24 FY25 FY26 Beyond FY26 Infrastructure Bonds 970 842 112 627 103 0 8.91% Long Term Legacy Bonds 808 750 160 150 440 0 9.11% Other Bonds 360 140 47 15 37 41 8.96% Refinance 594 227 113 113 0 0 8.25% Total 2,732 1,958 432 905 580 41 8.91% Because we have a DFI background, the legacy borrowings are costing the bank 8.91%. To simulate, if the Bank had replaced all high-cost legacy borrowings with the current cost of funds, the return on equity (annualized) for Q1-FY24 would be higher by ~100 bps. 27 IDFC FIRST Bank

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