General Updates

BCC:ISD:118:16:484 21.09.2026 The Vice-President, The Vice-President, B S E Ltd., National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 BSE CODE-532134 CODE-BANKBARODA Madam/Dear Sir, Re: Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 In furtherance to letter no. BCC:ISD:118:16:219 dated 06.05.2026, we inform that Bank of Baroda has incorporated a Subsidiary named “BOB PENSION FUND MANAGEMENT COMPANY LIMITED” and received certificate of incorporation from Registrar of Companies, Ministry of Corporate Affairs. Details of the above, subsidiary in terms of SEBI Master Circular is attached as Annexure -I We request you to take note of the above pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 and upload the information on your website. Yours faithfully, S Balakumar Company Secretary बडौदा कॉप(cid:574)रेट स(cid:581)टर, सी-26, जी-(cid:222) लॉक, बा(cid:219)(cid:289)ा कुला(cid:91) कॉ(cid:224) (cid:220) ले(cid:200) स, मुंबई 400 051, भारत. Baroda Corporate Centre, Bandra Kurla Complex, Mumbai 400 051, India फोन / Ph : 91 22 6698 5812 ई मेल / E Mail : companysecretary.bcc@bankofbaroda.bank.in वेब Web : www.bankofbaroda.bank.in Annexure – I Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015: a. Name of the target entity, details in brief such as Bank of Baroda is the initial subscriber of size, turnover etc. “BOB PENSION FUND MANAGEMENT COMPANY LIMITED” which is set up under Section 8 of the Companies Act 2013 on 21 September 2026. Corporate Identity Number (CIN): U65300MH2026PLC475895 Size: Authorized Share Capital: INR100.00 Crore Turnover: Not applicable (Yet to commence business) b. Whether the acquisition would fall within related NA party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” c. Industry to which the entity being acquired Pension Fund Management belongs d. Objects and impact of acquisition (including but Acting as a Pension Fund Manager and not limited to, disclosure of reasons for acquisition carrying on the business of receiving of target entity, if its business is outside the main contributions, accumulating, investing, line of business of the listed entity) managing and administering pension assets and making payments or disbursements to subscribers or beneficiaries. e. Brief details of any governmental or regulatory Letter of appointment as sponsor of the approvals required for the acquisition proposed pension fund dt 05/05/2026 has been obtained from PFRDA. Approval dt 10/07/2026 has been obtained from RBI for incorporation of new subsidiary to undertake Pension fund management business being sponsor of the Company with holding of 80.10%. f. Indicative time period for completion of the 31/12/2026 acquisition g. Consideration - whether cash consideration or Cash consideration share swap or any other form and details of the same h. Cost of acquisition and/or the price at which the Total proposed acquisition cost is INR shares are acquired 80,09,99,500/- by subscribing to 8,00,99,950 equity shares of INR 10/- each बडौदा कॉप(cid:574)रेट स(cid:581)टर, सी-26, जी-(cid:222) लॉक, बा(cid:219)(cid:289)ा कुला(cid:91) कॉ(cid:224) (cid:220) ले(cid:200) स, मुंबई 400 051, भारत. Baroda Corporate Centre, Bandra Kurla Complex, Mumbai 400 051, India फोन / Ph : 91 22 6698 5812 ई मेल / E Mail : companysecretary.bcc@bankofbaroda.bank.in वेब Web : www.bankofbaroda.bank.in i. Percentage of shareholding / control acquired and Proposed shareholding is 80.10% with / or number of shares acquired 8,00,99,950 number of shares j. Brief background about the entity acquired in Date of incorporation: 21/09/2026 terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, Products / line of business: The Company country in which the acquired entity has presence aims to act as a pension fund management and any other significant information (in brief). company regulated by PFRDA. Historical financial information: Not applicable as the Company is recently incorporated and is yet to commence commercial operations. बडौदा कॉप(cid:574)रेट स(cid:581)टर, सी-26, जी-(cid:222) लॉक, बा(cid:219)(cid:289)ा कुला(cid:91) कॉ(cid:224) (cid:220) ले(cid:200) स, मुंबई 400 051, भारत. Baroda Corporate Centre, Bandra Kurla Complex, Mumbai 400 051, India फोन / Ph : 91 22 6698 5812 ई मेल / E Mail : companysecretary.bcc@bankofbaroda.bank.in वेब Web : www.bankofbaroda.bank.in