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Investor Presentaiton

Expected Growth for Next 2 Decades Card Penetration - Steadily rising FY40e For Card Issuers, providing lounge access to their Consumers at Airport is increasingly becoming a key aspect of their customer acquisition and loyalty program # No. of Credit Card (mn) # No. of Debit Card (mn) Airport Lounge Access through Credit/Debit Card (mn) FY30e 339 FY23 85 ~33x 2278 FY40e Monthly Credit Cards Outstanding (in Mn) FY30e 1586 FY23 945 85.3 83.4 82.5 80.3 80.6 81.2 78.7 79.4 76.9 75.2 t 78.0 77.7 Apr May June July Aug Sep Oct Nov Dec Jan Feb Mar Source: Frost & Sullivan Report; RBI Data ~4x FY40e 3488 FY30e 130 FY21e 57 ~10x 516 DreamFolks Both Debit & Credit Card Base is expected to ascend at Global Average • Rising Disposable Income • • Digital Penetration Favorable Demographic Low, but steadily increasing Credit Card Penetration Increase in standard of Living 18
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