Purple Finance Ltd — Important, 01-06-2026: Company Update

Purple Finance Limited's Board has approved key changes to its independent director lineup. Mr. Sriram Kalyanaraman, a veteran with over 36 years in banking and financial services, will join as an Independent Director for a three-year term, bringing deep expertise in lending, risk governance, and digital initiatives. The Board also approved the re-appointment of Ms. Sumeet Sandhu as an Independent Director for another three-year term, retaining her valuable experience in product, portfolio, and sales management. Both appointments are subject to shareholder approval, strengthening board expertise and strategic oversight.