Change in Auditors

Karnataka Bank Ltd. Your Family Bank. Across India. Regd. & Head Office Phone : 0824-2228222 Post Box No.599, Mahaveera Circle E-Mail : comsec@ktk.bank.in Kankanady Website : www.karnatakabank.bank.in Mangaluru – 575 002 CIN : L85110KA1924PLC001128 SECRETARIAL DEPARTMENT HO:SEC:164:2026-27 Date: 22.09.2026 The Manager The Manager Listing Department Corporate Relationship Department National Stock Exchange of India Limited BSE Limited Exchange Plaza,C-1, Block G Phiroze Jeejeebhoy Towers Bandra-Kurla Complex, Bandra (E) Dalal Street MUMBAI - 400051 MUMBAI - 400001 NSE Scrip Code: KTKBANK BSE Scrip Code: 532652 Sub: Intimation under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Appointment of joint Statutory Auditors of the Bank Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we inform that the members of the Bank at the 102nd Annual General Meeting (AGM) of the Bank held today, i.e., on September 22, 2026 have approved the appointment of M/s. Batliboi & Purohit, Chartered Accountants, Mumbai (ICAI Firm Reg. No. 101048W), as Statutory Auditors of the Bank jointly to hold the office for a period of 3 (Three) years, from the conclusion of this 102nd Annual General Meeting until the conclusion of the 105th Annual General Meeting and fixed their remuneration, along with the existing Joint Statutory Auditors, M/s. R.G.N. Price & Co., Chartered Accountants (Firm Registration No. 002785S), Chennai who will continue to hold office till the conclusion of the One Hundred and Third (103rd) Annual General Meeting. The Reserve Bank of India had conveyed its approval for their appointment vide its letter CO.DOS.RPD.No.: S3635/08.11.005/2026-27 dated August 11, 2026. The Brief Profile of M/s. R.G.N. Price & Co., Chartered Accountants and M/s. Batliboi & Purohit, Chartered Accountants, is furnished in the annexure. This is for your kind information and dissemination. Yours faithfully, Sham K Company Secretary & Compliance Officer Annexure 1. Brief Profile of M/s. R.G.N. Price & Co., Chartered Accountants: M/s R.G.N. Price & Co. (RGNP), a firm of Chartered Accountants, has over 35 years of extensive experience in the audit profession (of Banks/NBFCs). The firm comprises 17 partners and a team of more than 57 professionals, including experienced personnel holding professional certifications such as CIA, CISA, and CFE. The firm has, over the years, developed expertise in various areas like Taxation, Financial Compliance matters, Sarbanes Oxley Advisory, IT Advisory, Due Diligence Reviews and Business Valuations apart from specialized services in relation to Ind AS Transition, setting up Internal Control Framework, Cost reduction strategies, Mergers and Acquisition assistance, financial performance health check, and SOX Testing Support. 2. Brief Profile of M/s. Batliboi & Purohit, Chartered Accountants: M/s. Batliboi & Purohit has over 42 years of experience in the field of audit and assurance services. The Firm has 15 Partners and a strong team of 155 professionals and staff, comprising Chartered Accountants, MBAs, DISA and CIA (USA) professionals, Forensic Auditors, Cyber Security and Information Systems Auditors, Cost and Management Accountants, Company Secretaries, and retired Government and Banking officials, among others. The firm provides a comprehensive range of professional services, including Statutory Audits, Internal Audits, Tax Audits, Risk Advisory, Business Systems Studies, Social Audits, CSR Impact Studies, Information Technology Reviews, Due Diligence Reviews, and Direct and Indirect Tax Consultancy. With its diverse team of experienced professionals and multidisciplinary expertise, the firm is well equipped to undertake complex audit, assurance, advisory, and consultancy assignments.