Disclosure under Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Outcome of Board Meeting - Change(s) in Senior Management

SBI Cards and Payment Services Ltd announced the appointment of Mr. Chander Kant as Executive Vice President & Head - Internal Audit for a three-year term, effective July 1, 2026. Mr. Kant, with over 32 years of experience in banking operations, audit, compliance, and human resources, will replace Mr. Ved Prakash, who will demit office on June 30, 2026. This appointment, approved by the Board based on committee recommendations, ensures continuity in a key governance role.