Intimation of allotment of 685 Equity Shares pursuant to exercise of Employee Stock Options under the SBI Card-Employee Stock Option Plan 2023 (ESOP Plan 2023)

September 25, 2026 The BSE Limited The National Stock Exchange of India Corporate Relationship Department. Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra-Kurla Complex. Mumbai - 400 001 Bandra (E), Mumbai - 400 051 SCRIP CODE: 543066 SYMBOL: SBICARD SECURITY: Equity SECURITY: Equity Shares Shares /Debentures Dear Sirs, Re: Intimation of allotment of 685 Equity shares pursuant to exercise of Employee Stock Options under the SBI Card - Employee Stock Option Plan 2023 (ESOP Plan 2023) We hereby inform that Nomination and Remuneration Committee of the Board vide its resolution dated September 24, 2026 has approved allotment of 685 Equity shares of face value of Rs. 10/- each to the eligible Participants of the Company pursuant to the exercise of options under the SBI Card - Employee Stock Option Plan 2023 (ESOP Plan 2023) at the exercise price of Rs. 10 per share. We further inform that, post allotment, the paid-up capital of the Company has increased from Rs. 9,51,64,30,980/- consisting of 95,16,43,098 equity shares of face value of Rs. IO/ each to Rs. 9,51,64,37,830/- consisting of 95,16,43,783 equity shares of face value of Rs. 10/- each. The same is also being uploaded on the website of the Company at www.sbicard.com. Kindly take the same on record. Thanking you, Yours faithfully, For SBI Cards and Payment Services Limited Payal Mittal Chhabra Chief Compliance Officer and Company Secretary Date & Time of event: - September 24, 2026 at around 11 :59 PM SBI Cards and Payment Services Ltd. DLF Infinity Towers, Tower C, Tel. 18001801290 Registered Office: 12th Floor, Block 2, Building 3, Email: customercare@sbicard.com Unit 401 & 402, 4th Floor, Aggarwal Millennium Tower, DLF Cyber City, Gurugram -122002, Website: sbicard.com E 1,2,3, Netaji Subhash Place, Wazirpur, New Delhi -110034 Haryana, India CIN -L65999DL1 998PLC093849