In furtherance of our letter dated October 19, 2019 and April 15, 2024, we wish to inform you that the Finance Committee of the Board of Directors of Muthoot Finance Limited ("Company') at its meeting held on April 18, 2024 has approved the update of the existing GMTN Programme aggregating to US$ 2,000,000,0000. The Company has also approved the Offering Circular and the Programme Agreement and other Transaction Documents to be executed with respect to the GMTN Programme.