HDFC Bank CEO Sashidhar Jagdishan Not Seeking Reappointment

Date: August 29, 2026

Mr. Sashidhar Jagdishan (DIN: 08614396), Managing Director & Chief Executive Officer (MD&CEO) of the Bank, has conveyed his decision to not seek re-appointment
The Board of Directors took note of Mr. Jagdishan's communication at its meeting held on August 29, 2026
Despite persuasion, Mr. Jagdishan reiterated his decision to not seek reappointment
He shall retire from the services of the Bank upon the close of business hours on October 26, 2026
The Board acknowledged his commitment, leadership, contribution to the growth and stability of the Bank, and his role in the successful completion of one of the largest mergers in corporate India
The Board decided to fast-track the process for selection and appointment of his successor well within time

This disclosure is made under Regulation 30 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
The disclosure was signed by Ajay Agarwal, Company Secretary & Group Head – Secretarial & Group Oversight