ESOP/ESOS/ESPS

September 8, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Bandra (East), Mumbai 400 001 Mumbai 400 051 BSE Scrip 500247, 974396, 974682, NSE KOTAKBANK, KMB29, KMB30 Code: 974924, 975387 Symbol: Dear Sirs, Sub.: Grant of Employee Stock Options Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby inform you that the Nomination and Remuneration Committee of the Bank has, on September 07, 2026 (“Grant Date”), granted, in aggregate, 7,14,080 Employee Stock Options under the Kotak Mahindra Equity Option Scheme, 2023 (“ESOP Scheme 2023”), to the eligible employee(s), as per the brief terms of grant, as under: Series Number of Vesting % Vesting Date(s) Exercise Options Period Granted* ESOP Scheme 7,14,080 25% September 10, 2027 Twelve Months 2023 – Series 13 25% May 18, 2028 from Vesting 25% May 18, 2029 Date 25% May 18, 2030 * Each Option entitles the Grantee to one Equity Share of the face value of Re. 1/-, subject to the provisions of the ESOP Scheme 2023. This intimation is also being made available on the Bank’s website https://www.kotak.bank.in/en/investor- relations/governance/sebi-listing-disclosures.html in terms of the Listing Regulations. This is for your information and appropriate dissemination. Thanking you. Yours faithfully, Kotak Mahindra Bank Limited Avan Doomasia Company Secretary Kotak Mahindra Bank Ltd. CIN: L65110MH1985PLC038137 Registered Office: 27 BKC, C 27, G Block, Bandra Kurla Complex, T +91 22 61660001 Bandra (E), Mumbai 400051, www.kotak.bank.in Maharashtra, India. This is a Confidential document.