SBI Cards and Payment Services Limited has allotted 685 equity shares with a face value of ₹10 each to eligible participants under the SBI Card - Employee Stock Option Plan 2023 (ESOP Plan 2023). The exercise price for these shares was ₹10 per share.

The allotment was approved by the Nomination and Remuneration Committee of the Board through a resolution dated September 24, 2026.

Post this allotment, the company's paid-up share capital has increased from ₹951,64,30,980 (consisting of 95,16,43,098 equity shares of ₹10 each) to ₹951,64,37,830 (consisting of 95,16,43,783 equity shares of ₹10 each).

The newly allotted shares will rank pari-passu with the existing equity shares of the company. The intimation has been uploaded on the company's website at www.sbicard.com.

Additional Announcements:

No additional corporate announcements were included in this filing beyond the ESOP allotment details.