Change in Director / Key Managerial Personnel

Nature of change: Appointment of Chief Compliance Officer

Name and DIN of the individual: Mr. V. N. Srivatsan (DIN not provided in disclosure)

Effective date and tenure: Assumed office effective November 6, 2026. Term of appointment is 3 (three) years from the date of joining. He will be a full-time employee of the Bank.

Brief profile and relevant qualifications: 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. Prior to joining HDFC Bank, he served 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. His responsibilities have included oversight of regulatory compliance, handling regulatory inspections, designing and implementing compliance frameworks and policies, and working closely with senior management, the Audit Committee, the Board and regulators.

Confirmation of eligibility: The appointment was made as per the provisions of the Reserve Bank of India (Commercial Banks- Compliance Function) Directions, 2026. The appointment was approved by the Board of Directors based on the recommendations of the Audit Committee and the Governance, Nomination and Remuneration Committee at their meeting held on September 30, 2026.

Relationship with other directors: Not disclosed in the document.

Previous KMP: The disclosure does not mention who held the Chief Compliance Officer position previously or what happened to their tenure.

Potential financial impact: The disclosure does not provide specific information about the financial impact of this change. Mr. Srivatsan's extensive experience in compliance and regulatory inspection suggests strengthened regulatory oversight capabilities.

Key Financial or Operational Approvals

Not applicable to this disclosure. The document solely concerns the appointment of a Key Managerial Personnel.

Strategic or Business Context

Not applicable to this disclosure. The document does not contain business outlook commentary, segment insights, or strategic changes.

Any Other Material Information

The appointment 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, and references SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Mr. Srivatsan becomes part of Senior Management Personnel of the Bank effective November 6, 2026.

The disclosure was signed by Ajay Agarwal, Company Secretary & Group Head – Secretarial & Group Oversight, on November 6, 2026.