Change in Director / Key Managerial Personnel

Nature of change: Appointment of new Chief Compliance Officer following completion of previous officer's tenure.

Outgoing Officer: Mr. Rakesh Kumar Rajput completed his tenure as Chief Compliance Officer from the close of business hours on September 30, 2026. He was appointed for a period of 3 years with effect from October 1, 2023 till September 30, 2026. He holds a B.Sc. (Honours) degree, is a Certified Associate of the Indian Institute of Bankers, and has an Advanced Diploma in Business Management. He will continue to be a full-time employee of the Bank.

Incoming Officer: Mr. V. N. Srivatsan appointed as the new Chief Compliance Officer with effect from his date of joining, proposed to be January 4, 2027. He will be a full-time employee of the Bank with a term of 3 years from the date of joining.

Brief profile: Mr. V. N. Srivatsan has approximately 34 years of overall professional experience, including around 25 years in the BFSI sector and close to 10 years of direct experience in Compliance and Regulatory Inspection. He currently serves as Head – Compliance: Overseas Banking and Subsidiaries & Data Privacy Officer at ICICI Bank Limited. He holds a Post Graduate degree in Business Administration from PSG College of Technology and a Bachelor of Technology (B. Tech) from Sri Venkateshwara University. He has previously led Retail Banking Compliance and Regulatory Inspection for more than 8 years, with responsibilities including oversight of regulatory compliance, handling regulatory inspections, designing and implementing compliance policies and frameworks, and working closely with senior management, the Audit Committee, the Board and regulators.

Interim Arrangement: During the intervening period (September 30, 2026 to January 3, 2027), Mr. Venkateswaran L, currently Compliance Head - Credit, Asset Product & Regulatory Reporting, shall hold the responsibility as the Chief Compliance Officer.

Regulatory Compliance: The appointment is made as per the provisions of the Reserve Bank of India (Commercial Banks- Compliance Function) Directions, 2026. The disclosure is made under Regulation 30 read with Clause 7 of Paragraph A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Key Financial or Operational Approvals

The Board of Directors of the Bank at its meeting held on September 30, 2026 (commenced at 10:00 a.m. and concluded at 3:00 p.m.) approved the appointment based on the recommendations of the Audit Committee and the Governance, Nomination and Remuneration Committee.

Any Other Material Information

The disclosure was signed by Ajay Agarwal, Company Secretary and Group Head – Secretarial & Group Oversight on September 30, 2026 at 17:10:41 +05'30'. The communication was copied to New York Stock Exchange (11, Wall Street, New York NY 10005, USA) and Singapore Exchange Securities Trading Limited (2 Shenton Way 068804 # 02-00 SGX Centre 1 Singapore).