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Ref: SD: 182/183/11/12:2026-27 17.07.2026 The Vice President The Vice President BSE Limited Listing Department Phiroze Jeejeebhoy Towers National Stock Exchange of India Ltd Dalal Street Exchange Plaza Mumbai - 400 001 Bandra-Kurla Complex, Bandra [E] Scrip Code: 532483 Mumbai - 400051 Scrip Code: CANBK Dear Sir/Madam, Sub: Ratings by Fitch and Moody’s Ref: Disclosure under SEBI (LODR) Regulations, 2015 The Stock Exchanges are hereby informed that Fitch (Rating Agency) has assigned rating as under:  Senior Unsecured Long-Term Rating at ‘BBB-’  Senior Unsecured Long-Term (XGS) Rating at ‘BB(xgs)’ Further, the Moody's Ratings (“Moody’s”) has assigned a Baa3 rating with a stable outlook. Copies of the rating action commentary issued by Fitch & Moody's Ratings are enclosed herewith. This is for your information and records. Thanking You, Santosh Kumar Barik Company Secretary (cid:366)धान काया(cid:330)लय Head Office F +91 80 22248831 112, जे सी रोड, ब(cid:336)गलू(cid:348) - 560002 112 J C Road, Bengaluru - 560002 T +91 80 22100250 E-Mail - hosecretarial@canarabank.com www.canarabank.bank.in d67ca9093f08dc384862a4da488fd7ee Mr. Abhay Kumar Canara Bank Overseas Banking Division International Operations Vertical, CC & IO Wing 2nd Floor, Head Office 2nd Cross, Gandhinagar Bengaluru 560009 India 17 July 2026 Dear Mr. Kumar, Re: Rating Confirmation regarding ratings of Canara Bank’s USD 500 Million 4.896% Senior Unsecured Notes due 11 September 2029 This letter is provided in response to a request for confirmation of the ratings with respect to Canara Bank’s tap issuance of U.S.$200,000,000 4.896% due 2029 to be consolidated and form a single series with the existing U.S.$300,000,000 4.896% Notes due 2029 to amount to U.S.$500,000,000 4.896% due 2029 with reference to the pricing supplement dated 16 July 2026 provided by the issuer. Fitch (see definition below) hereby confirms that, based on the information provided to Fitch, the tap issuance will not result in a withdrawal or downgrade on the ratings assigned by Fitch to Canara Bank as listed on Fitch’s public website under: https://www.fitchratings.com/entity/canara-bank-80360488 • Senior Unsecured Long-Term Rating at ‘BBB-’ • Senior Unsecured Long-Term (XGS) Rating at ‘BB(xgs)’ This ratings confirmation only addresses the effect of tap issuance on the current ratings assigned by Fitch to Canara Bank’s USD 500 Million Senior Unsecured Notes. This ratings confirmation does not address whether the tap issuance is permitted by the terms of the documents. This ratings confirmation does not address whether the tap issuance is in the best interests of, or prejudicial to, some or all of the holders of the USD 500 Million Senior Unsecured Notes. The ratings assigned by Fitch are based on the documents and information provided to us by the issuer and other parties and are subject to receipt of final closing documents. In issuing and maintaining its ratings, Fitch relies on factual information it receives from issuers and underwriters and from other sources Fitch believes to be credible. Fitch conducts a reasonable investigation of the factual information relied upon by it in accordance with its ratings methodology, and obtains reasonable verification of that information from independent sources, to the extent such sources are available for a given security or in a given jurisdiction. Page 1 of 4 Fitch Ratings Ltd, 30 North Colonnade, Canary Wharf, London E14 5GN T +44 20 3530 1000 | F +44 20 3530 1000 | www.fitchratings.com Registered in England and Wales No. 1316230 Internal d67ca9093f08dc384862a4da488fd7ee The manner of Fitch’s factual investigation and the scope of the third-party verification it obtains will vary depending on the nature of the rated security and its issuer, the requirements and practices in the jurisdiction in which the rated security is offered and sold and/or the issuer is located, the availability and nature of relevant public information, access to the management of the issuer and its advisers, the availability of pre-existing third-party verifications such as audit reports, agreed-upon procedures letters, appraisals, actuarial reports, engineering reports, legal opinions and other reports provided by third parties, the availability of independent and competent third-party verification sources with respect to the particular security or in the particular jurisdiction of the issuer, and a variety of other factors. Users of Fitch’s ratings should understand that neither an enhanced factual investigation nor any third- party verification can ensure that all of the information Fitch relies on in connection with a rating will be accurate and complete. Ultimately, the issuer and its advisers are responsible for the accuracy of the information they provide to Fitch and to the market in offering documents and other reports. In issuing its ratings Fitch must rely on the work of experts, including independent auditors with respect to financial statements and attorneys with respect to legal and tax matters. Further, ratings are inherently forward- looking and embody assumptions and predictions about future events that by their nature cannot be verified as facts. As a result, despite any verification of current facts, ratings can be affected by future events or conditions that were not anticipated at the time a rating was issued or affirmed. Fitch seeks to continuously improve its ratings criteria and methodologies, and periodically updates the descriptions on its website of its criteria and methodologies for securities of a given type. The criteria and methodology used to determine a rating action are those in effect at the time the rating action is taken, which for public ratings is the date of the related rating action commentary. Each rating action commentary provides information about the criteria and methodology used to arrive at the stated rating, which may differ from the general criteria and methodology for the applicable security type posted on the website at a given time. For this reason, you should always consult the applicable rating action commentary for the most accurate information on the basis of any given public rating. Ratings are not a recommendation or suggestion, directly or indirectly, to you or any other person, to buy, sell, make or hold any investment, loan or security or to undertake any investment strategy with respect to any investment, loan, or security of any issuer. Ratings do not comment on the adequacy of market price, the suitability of any investment, loan or security for a particular investor (including without limitation, any accounting and/or regulatory treatment), or the tax-exempt nature or taxability of payments made in respect of any investment, loan or security. Fitch is not your advisor, nor is Fitch providing to you or any other party any financial advice, or any legal, auditing, accounting, appraisal, valuation or actuarial services. A ratings confirmation should not be viewed as a replacement for such advice or services. Ratings are based on established criteria and methodologies that Fitch is continuously evaluating and updating. Therefore, ratings and rating confirmations are the collective work product of Fitch and no individual, or group of individuals, is solely responsible for a rating or rating confirmation. All Fitch reports have shared authorship. Individuals identified in a Fitch report were involved in, but are not solely responsible for, the opinions stated therein. The individuals are named for contact purposes only. Page 2 of 4 Fitch Ratings Ltd, 30 North Colonnade, Canary Wharf, London E14 5GN T +44 20 3530 1000 | F +44 20 3530 1000 | www.fitchratings.com Registered in England and Wales No. 1316230 Internal d67ca9093f08dc384862a4da488fd7ee A rating confirmation by Fitch does not constitute consent by Fitch to the use of its name as an expert in connection with any registration statement or other filings under US, UK or any other relevant [Showing first 8,000 characters — download PDF for full document]