Appointment and Re-appointment of Directors of the Bank

Karnataka Bank Ltd. Your Family Bank. Across India. Regd. & Head Office Phone : 0824-2228222 Post Box No.: 599, Mahaveera Circle E - M a i l : c o m s e c @ k tk . b a n k . i n Kankanady Website : www.karnatakabank.bank.in Mangaluru – 575 002 CIN : L85110KA1924PLC001128 SECRETARIAL DEPARTMENT HO:SEC:165:2026-27 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 Madam / Dear Sir, Reg.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 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 Karnataka Bank Limited have approved the following resolutions pertaining to appointment / re-appointment of Directors at the 102nd Annual General Meeting of the Bank held on September 22, 2026. 1. Resolution No.: 03 - Re-appointment of Mr. Balebail Rajagopal Ashok (DIN: 00415934), as a Non–Executive, Non-Independent Director of the Bank, who retired by rotation. 2. Resolution No.: 05 - Appointment of Mrs. Biji Sreekrishnavilas Sankaranarayanan (DIN: 11534526), as the Executive Director of the Bank. 3. Resolution No.: 06 - Appointment of Dr. M Aruna Shyam (DIN: 11789970), as a Non-Executive Independent Director of the Bank. 4. Resolution No.: 07 - Appointment of Mr. Parthasarathi Periaswamy (DIN: 08507318), as a Non-Executive Independent Director of the Bank. As required by the BSE Circular No. LIST/COMP/14/2018-19 dated June 20, 2018, and NSE Circular No.: NSE/CML/2018/24 dated June 20, 2018, it is hereby confirmed that Mrs. Biji Sreekrishnavilas Sankaranarayanan, Mr. Balebail Rajagopal Ashok, Dr. M Aruna Shyam and Mr. Parthasarathi Periaswamy have not been debarred from holding the office of a Director by virtue of any order passed by the SEBI or any other such authority. Further, in terms of the SEBI Master Circular No.: SEBI/HO/49/14/14(7) 2025-CFD- POD2/I/3762/2026 dated January 30, 2026, the details of the Directors are furnished in the Annexure. This is for your kind information and dissemination. Yours faithfully, Sham K Company Secretary & Compliance Officer Annexure Sl. Name Reason for Date of Term of Brief profile (in case of appointment); Disclosure of No. change viz. appointment appointment relationship appointment, / cessation between resignation, (as directors (in removal, death applicable) case of or otherwise; appointment of a director) 1 Mr. Balebail Re-appointment 22.09.2026 Maximum Mr. Balebail Rajagopal Ashok, FCA, aged 64 years, is Not related to Rajagopal Ashok – (Retirement tenure up to a Fellow Member of the Institute of Chartered any of the by Rotation) and inclusive Accountants of India (ICAI), a professional member Directors in of August 26, of the Indian Institute of Insolvency Professionals of the Bank 2027. ICAI (IIIPI), a 1st Rank holder in the post qualification Diploma Course on Information Systems Audit conducted by the ICAI in December 2002 and has successfully qualified the online Proficiency Self-Assessment Test for Independent Director’s Databank conducted by the Indian Institute of Corporate Affairs in March 2020. He qualified as a Chartered Accountant in the year 1984, having over 41 years of experience in practice, and his areas of expertise include statutory central audit of banks, statutory audit of insurance companies, corporates, including public sector undertakings, NGOs and other entities, besides advisory, consultancy and taxation assignments. He also has expertise in the fields of statutory-related attestation services, consultancy in direct taxes and FEMA, management advisory services and representation before various adjudicating authorities up to the Tribunal level in income tax. Mr. Balebail Rajagopal Ashok is a Director on the Board of the Bank since August 27, 2019. 2 Mrs. Biji Appointment 15.07.2026 For a period Mrs. Biji S S is a Strategic Banking Leader with 31 Not related to Sreekrishnavilas of three years years of end-to-end experience across corporate any of the Sankaranarayanan w.e.f. July 15, banking, retail & branch banking, liabilities, secured Directors in 2026 assets, transformation and digital modernization. the Bank Proven track-record in steering nationwide banking networks (950) as independent profit centres, scaling corporate banking verticals, strengthening risk frameworks, improving asset quality, enhancing customer acquisition models and architecting digital / operational turnaround journeys. Focused on accelerating enterprise-wide profitability, strengthening compliance architecture, building high-performance leadership pipelines and shaping the next phase of organisational growth through strategic vision, execution discipline and transformation-oriented banking leadership. Mrs. Biji S S is a Postgraduate in Mathematics, MBA in HR and has a Professional Certification in Management of Social Initiatives (IIMK). 3 Dr. Aruna Shyam Appointment 18.07.2026 For a period Dr. M Aruna Shyam is a qualified postgraduate in Not related to of four years Business Law and holds a doctorate in Law any of the w.e.f. July 18, (Constitution & Criminal Law). Directors in 2026 the Bank Since year 2004 he has been in active legal practice, appearing before Civil Courts, various Tribunals, Debt Recovery Tribunals, the National Company Law Tribunal, the High Court of Karnataka and the Hon'ble Supreme Court of India. Over the course of more than two decades, he has acquired extensive experience across diverse branches of Law, including Civil, Criminal, Constitutional, Co-operative, Corporate, Banking, Labour, Insurance and Service Laws. He also served as the Additional Advocate General for the State of Karnataka from the year 2020 to 2023, representing the State in several important constitutional, statutory and public law matters before the High Court and other judicial forums. He was designated as a Senior Advocate by the Honourable High Court of Karnataka on December 14, 2021. He has been appearing as a Senior Advocate before various High Courts and other Courts across the country, advising and representing clients in complex and high-stake litigations. 4 Mr. Parthasarathi Appointment 29.07.2026 For a period Mr. Parthasarathi Periaswamy is a seasoned Not related to Periaswamy of four years technology and cybersecurity leader with over three any of the w.e.f. July 29, decades of experience at the highest levels of India’s Directors in 2026 financial sector. As former Chief Information Security the Bank Officer and Chief General Manager (IT) at the Reserve Bank of India, he has played a pivotal role in shaping national cybersecurity frameworks, modernizing mission critical infrastructure and strengthening resilience across the banking ecosystem. He has served as Chief Technology Officer at the Institute for Development and Research in Banking Technology (IDRBT), where he directed IT infrastructure, trust services and the national threat intelligence platform (IB CART). His leadership extended to convening the CISO Forum and organizing national cyber drills, fostering collaboration and preparedness among banks. Beyond central banking, Mr. Parthasarathi has advised leading private sector banks on cybersecurity governance, policy reviews and crisis management. He was formerly a Consultant to the Reserve Bank Innovation Hub, guiding projects on cybersecurity in the financial sector. Further, he was a Board Member of Indian Financial Technology and Allied Services (IFTAS), an RBI subsidiary, for the period 2019 – 2021, where he had overseen technology governance and sector wide IT initiatives. Widely respected for his ability to bridge technology, regulation and strategy, M [Showing first 8,000 characters — download PDF for full document]