Updates

SEC/161/2026 July 22, 2026 BSE Limited, National Stock Exchange of India Ltd., Corporate Relationship Department Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal Street, Bandra-Kurla Complex, Mumbai 400001. Bandra (E), Mumbai 400051. Scrip code: 542867 Symbol: CSBBANK Dear Sir/Madam, Grant of Stock options under CSB Employee Stock Option Scheme 2019 ---------------------------------------------------------------------------------------------------------------------------------------- Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that the Nomination & Remuneration Committee (“Committee”) of the Board of Directors of the CSB Bank Limited (the “Bank”), in its meeting held on July 22, 2026, has approved grant of 61,565 stock options (“Options”) to an eligible employee of the Bank under CSB Employee Stock Option Scheme 2019 (“Scheme”), exercisable into not more than 61,565 equity shares of face value of Rs. 10/- each fully paid-up of the Bank, at an exercise price of Rs. 370.00 (Rupees Three hundred and seventy Only) per equity share. The disclosures required as per the SEBI Regulations, read with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, are given below: a) Brief details of stock options granted 61,565 Options to an eligible employee of the Bank. b) Whether the scheme is in terms of SEBI The Scheme has been formulated and approved (Share Based Employee Benefits and by the Shareholders of the Bank pursuant to the Sweat Equity) Regulations, 2021 provisions of the SEBI (Share Based Employee [Erstwhile SEBI (Share Based Employee Benefits) Regulations, 2014 which has been Benefits) Regulations, 2014]. (if replaced by the SEBI (Share Based Employee applicable); Benefits and Sweat Equity) Regulations, 2021. c) Total number of shares covered by these 61,565 fully paid-up equity shares of the Bank of Options; face value of Rs. 10/- each. d) Exercise Price The exercise price per option is Rs. 370.00 e) Pricing formula Granted at the latest available closing price prevailing on the National Stock Exchange of India Limited (“NSE”) being the Stock Exchange which recorded the highest trading volumes in the equity shares of the Bank on Tuesday, July 21, 2026, i.e. being the previous trading day immediately preceding the date on which the grant of options was approved by the Committee. f) Options vested; The said options shall vest, as under: (i) 25% of the options granted (rounded off to the nearest 100) shall vest on completion of 12 months from the grant date i.e. on July 22, CSB Bank Limited Regd. Office: CSB Bhavan, St. Mary's College Road, Thrissur – 680020, Kerala, India. Tel: +91 487–2333020 | Fax: +91 487–2338764 | Website: www.csb.bank.in | Email: secretarial@csb.bank.in |CIN: L65191KL1920PLC000175 2027; (ii) 25% of the options granted (rounded off to the nearest 100) shall vest on completion of 24 months from the grant date i.e. on July 22, 2028; (iii) 25% of the options granted (rounded off to the nearest 100) shall vest on completion of 36 months from the grant date i.e. on July 22, 2029; (iv) Balance options granted shall vest on completion of 48 months from the grant date i.e. on July 22, 2030; g) Time within which Option may be Exercise period while continuing employment/ exercised; service will be within 3 years from the date of vesting. Exercise period in case of separations will be as per the Scheme. h) Brief details of significant terms; All other terms are as per the Scheme. The meeting of the Nomination and Remuneration Committee of the Board of Directors of the Bank commenced at 08.30 a.m. and concluded at 08.55 a.m. This intimation is also made available on the website of the Bank at www.csb.bank.in. Kindly take the same on records. Thanking You, Yours faithfully, Sijo Varghese Company Secretary CSB Bank Limited Regd. Office: CSB Bhavan, St. Mary's College Road, Thrissur – 680020, Kerala, India. Tel: +91 487–2333020 | Fax: +91 487–2338764 | Website: www.csb.bank.in | Email: secretarial@csb.bank.in |CIN: L65191KL1920PLC000175