Union Bank Elevates GM to Chief GM

Change in Director / Key Managerial Personnel

Nature of change: Elevation to the post of Chief General Manager of the Bank.

Name and designation: Shri Bhaskara Rao Chaganti Venkata Naga, elevated from General Manager to Chief General Manager.

Effective date: July 1st, 2026.

Brief profile and qualifications:

• Postgraduate in Commerce
• Holds MBA degree
• Certified with CAIIB1 and CAIIB2 qualifications
• Previous experience includes serving as Zonal Head
• Worked in MSME (Micro, Small & Medium Enterprises) division
• Currently heads the Stress Asset Management Vertical of the Bank at Central Office, Mumbai

Regulatory compliance: The disclosure is made in terms of Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Scrip Symbol / Code: UNIONBANK-EQ / 532477

Date: July 2, 2026