J&K Bank AGM Addendum for Director Changes

Added Agenda Items

Ordinary Business - Item No. 4

Resolution to note the retirement by rotation of Mr. R. K. Chhibber (DIN: 08190084), Director of the Bank, at the ensuing AGM. The vacancy arising from his retirement will not be filled at this AGM.

Special Business - Item No. 5

Resolution to appoint Mr. Tsewang Tharchin, IA&AS (DIN: 11907418) as a Director of the Bank, liable to retire by rotation. This follows a notice received from the Administration of UT of Ladakh proposing his candidature.

Explanatory Statement

Item No. 4 - Retirement of Director

Mr. R. K. Chhibber retires by rotation in accordance with Companies Act, 2013 and Articles of Association. The Bank has not proposed his re-appointment, and the resultant vacancy will be filled by the Board subject to shareholder approval at a future date. The Board acknowledges Mr. Chhibber's significant contributions to the Bank's growth.

Item No. 5 - New Director Appointment

• Appointment process initiated by notice from UT of Ladakh Administration under Section 160 of Companies Act, 2013
• Nomination & Remuneration Committee conducted due diligence on August 29, 2026
• Board appointed Mr. Tharchin as Additional Director (Rotational category) on August 31, 2026
• Mr. Tharchin is not disqualified under Section 164 of Companies Act, 2013
• Currently serving as Commissioner/Secretary, Finance Department, UT of Ladakh (joined July 6, 2026)

Director Profile - Mr. Tsewang Tharchin, IA&AS

• DIN: 11907418
• Date of Birth: September 2, 1979
• Category: Non-Executive Non-Independent Director
• Qualifications: IA&AS, B.A., Diploma in Management, CISA (Certified Information Systems Auditor), CIA (Certified Internal Auditor)
• Expertise: Administration, Information Technology, Finance, Accountancy, Human Resources, Business Management
• Terms: Appointment as Director liable to retire by rotation
• Remuneration: None (full-time government employee)
• First Appointment: August 31, 2026
• Shareholding: Nil
• Previous Experience: 2007 batch IA&AS officer, served as Accountant General (Audit) J&K (Nov 2025-Jul 2026), various roles in audit and accounts departments, international audit experience with UN organizations

Voting Information

• Remote e-Voting period: September 19, 2026 (9:00 AM IST) to September 21, 2026 (5:00 PM IST)
• e-Voting agency: Bigshare Services Private Limited (https://ivote.bigshareonline.com)
• Documents available on bank website: www.jkb.bank.in

Additional Notes

• This addendum forms integral part of original AGM notice dated August 29, 2026
• All other agenda items and explanatory statements remain unchanged
• Date, time, and venue of AGM remain unchanged
• Relevant documents available for inspection during business hours until AGM date