Appointment

Investor Services Department Corporate Office: Montclaire, 134/1, Baner- Pashan Link Road, Pashan, Pune 411021 E-mail: investor_services@bankofmaharashtra.bank.in Phone no - 020-71658139 www.bankofmaharashtra.bank.in AX1/ISD/STEX/61/2026-27 Date : 11.09.2026 The Vice President The Vice President BSE Ltd., National Stock Exchange of India Ltd., P.J Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Mumbai-400 001 Bandra (East), Mumbai-400 051 BSE Scrip Code: 532525 N S E S crip Code: MAHABANK Dear Sir/ Madam, Sub: Appointment of Shri Saurabh Kumar as GOI Nominee Director on the Board of the Bank In terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we have to inform that Department of Financial Services (DFS) vide notification no. eF. No. 6/2(i)/2022-BO.l dated 10th September 2026 has notified that in exercise of the powers conferred by clause (b) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, the Central Government has nominated Shri Saurabh Kumar (Joint Secretary, Government of India, Ministry of Finance, Department of Financial Services) as Director on the board of Bank with immediate effect and until further orders, vice Shri Abhijit Phukon. Brief profile of Shri Saurabh Kumar is attached herewith. We request you to consider the above information pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Thanking you. Yours faithfully, For Bank of Maharashtra (Vishal Sethia) Company Secretary & Compliance Officer Encl: As above Restricted Brief Profile of Shri Saurabh Kumar, GOI Nominee Director Name of the Director Saurabh Kumar Age 42 Years Education Qualification B.Tech (Electronics) Date of Appointment 10.09.2026 Appointment clause Clause (b) of Sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 Tenure Appointed with effect from the date of issuance of notification dated 10.09.2026 until further orders. Brief profile Shri Saurabh Kumar is presently serving as Joint Secretary, Government of India, Ministry of Finance, Department of Financial Services. He is a 2009-batch Indian Administrative Service (IAS) officer of Chhattisgarh cadre. Shri Saurabh Kumar holds a Bachelor of Technology (Electronics) degree. Professionally, he brings over 17 years of experience in administration. He has extensive experience in district administration, urban development, revenue administration and policy related matters. He has also served as Director in the Department of Revenue, Government of India. Relationship with Shri Saurabh Kumar is not related to any of the existing existing Directors Director of Bank of Maharashtra Declaration Shri Saurabh Kumar is not debarred from holding the office of Director by virtue of any SEBI order or any other regulatory/statutory authority (ies) Restricted