General Updates

September 10, 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: India International Exchange (IFSC) NSE IFSC Limited Limited Unit No.1201, Brigade International Financial 1st Floor, Unit No. 101, The Signature, Building Centre, 12th floor, Block-14, Road 1C, Zone -1, GIFT no. 13B, Road 1C, Zone 1, GIFT SEZ, GIFT City, SEZ, Gandhinagar, Gujarat - 382050 Gandhinagar, Gujarat – 382050 India INX Scrip Code: 500082 NSE IX Symbol: KMBL 5.478 Dear Sirs, Sub.: Change in Senior Management Personnel 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 Mr. Manish Kothari, Group President and Head – Commercial Bank and a Senior Management Personnel of the Bank has tendered his resignation from the services of the Bank, effective from the close of the day on September 30, 2026. A copy of the letter dated September 10, 2026, received from Mr. Manish Kothari in this regard, is enclosed herewith and is self-explanatory. The Bank has initiated a planned transition and has integrated the Commercial Bank portfolio handled by Mr. Kothari, into the Retail and Institutional business segments. 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 President & 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. Manish Kothari 10th September 2026 Mr Ashok Vaswani MD&CEO Kotak Mahindra Bank Ltd Mumbai 400 051. Dear Ashok, Sub: Resignation as Group President & Head, Commercial Bank This has reference to our conversation a few months back wherein I had discussed with you regarding my interest in pursuing a journey outside of Kotak (possibly an entrepreneurial one). I truly wantto thank you and the firm for accommodating my request and giving me the time and space to seamlessly transition the various businesses and responsibilities that I was carrying. Over the last few months, I have worked closely with the WTDs and with all my Business Heads to ensure a strong handover of the various businesses and, as things stand today, I am personally quite satisfied with the outcome. Hence, with the above context and with a deep sense of reflection and emotion, I now write to formally resign from my position as Group President & Head, Commercial Bank. Basis our earlier conversation and understanding, I would look for 30th Sep'26 to be my last working day at l<otak. Ashok, thirty-one years is a long time; long enough for an organization to become a part of your identity. And truly, Kotak has been much more than a workplace to me; it has been a source of continuous learning and a place to fulfil collective aspirations and build enduring relationships. I have been truly privileged to work alongside exceptional colleagues, mentors, and teams who have continuously inspired me with their passion and brilliance. Most importantly, the trust placed by l<otak in me over the years, to build and lead diverse businesses, has been truly humbling and made me what I am today-and I will always carry with me a deep sense of gratitude for that. And, to say the least, it has been profoundly fulfilling and joyful to personally witness and contribute to Kotak's remarkable evolution from a small NBFC into a leading financial services conglomerate. While I step down for personal reasons, I do so with immense pride in what we have collectively built at Kotak. I am sure that the strength of Kotak's values and leadership will take it to even greater heights. I take this opportunity to offer my heartfelt gratitude to Uday & you, as well as to all my colleagues, for the trust, support, and camaraderie I have experienced throughout my journey. Time for the next best phase of my lifel Thank you! Manish l<othari Group President & Head, Commercial Bank This is an Internal document.