Appointment of Independent Director

AXIS/CO/CS/424/2026-27 September 23, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, P. J. Towers, Plot No. C/1, “G” Block Dalal Street Bandra-Kurla Complex Fort, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 NSE Symbol: AXISBANK BSE Scrip Code: 532215 Dear Sir/Madam, REF.: DISCLOSURE UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 (“SEBI LISTING REGULATIONS”) SUB: APPOINTMENT OF ARVIND SUBRAMANIAN AS AN ADDITIONAL INDEPENDENT DIRECTOR OF AXIS BANK LIMITED (“BANK”) Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors has today appointed Arvind Subramanian (DIN: 02551935) as an additional independent director of the Bank for a period of four years with effect from September 23, 2026 up to September 22, 2030 (both days inclusive), subject to approval of shareholders. In terms of Section 149(13) of the Companies Act, 2013, he shall not be liable to retire by rotation during his tenure as an independent director of the Bank. Arvind Subramanian is not related to any of the Directors or Key Managerial Personnel of the Bank. Please note that Arvind Subramanian is not debarred from holding the office of director by virtue of any order of SEBI or any other statutory authority. The details required pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed as Annexure A. Thanking you, With warm regards, For Axis Bank Limited Sandeep Poddar Company Secretary Encl: as above CC: London Stock Exchange Singapore Stock Exchange Annexure A Sr Particulars Arvind Subramanian 1 Reason for change Appointed as additional independent director of the Bank. 2 Date of appointment/ Four years with effect from September 23, 2026 up to September cessation and term of 22, 2030 (both days inclusive). appointment 3 Disclosure of Arvind Subramanian is not related to any other directors of the relationship Bank. between directors 4 Brief Profile Arvind Subramanian, age 53 years, has over three decades of experience across strategy consulting, operating leadership, and enterprise growth. His career spans business services, technology, industrials, consumer, and real estate, giving him a broad perspective on how organisations create value, adapt to disruption and sustain competitive advantage. He currently serves as Executive Vice President and Managing Director at Iron Mountain India Pvt. Ltd., where he leads the company’s India business and has global responsibility for Enterprise Strategy and Incubation. He spent nearly fifteen years with Boston Consulting Group, spanning corporate strategy, digital transformation, growth agendas, organisation design, and large-scale change across multiple industries and as Managing Director & Partner, he led the Technology, Media & Telecommunications practice in India. He was also Managing Director & CEO of Mahindra Lifespace Developers Limited, a listed company within the Mahindra Group. Arvind has a B. Tech degree in Electrical & Electronics Engineering from the Indian Institute of Technology, Madras and a Post Graduate Diploma in Management from the Indian Institute of Management, Ahmedabad.