Agreements

Jammu and Kashmir Bank Limited Corporate Headquarters T +91 (0)194 248 3775 W www.jkb.bank.in M A Road, Srinagar 190001 F +91 (0)194 248 1928 E board.sectt@jkbmail.com Kashmir, India CIN: L65110JK1938SGC000048 Board Secretariat Ref:-JKB/BS/F3652/2026/078 Date: 17th July, 2026 National Stock Exchange of India Limited The BSE Limited Exchange Plaza 5th Floor Phiroze Jeejeebhoy Towers Plot No. C/1 G-Block Dalal Street Bandra Kurla Complex Mumbai – 400 001 Bandra (E) Mumbai – 400 051 Scrip Code: 532209 Symbol: J&KBANK Sub:- Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sirs, In furtherance to our letter no. JKB/BS/F3652/2026/075 dated 14th July, 2026 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please be informed that the Bank has today i.e. 17th July, 2026 signed a Share Purchase Agreement (“SPA”) with MetLife International Holdings, LLC for sale of shares at a price of ₹117.20 per equity share, aggregating to ₹120,09,89,186/- . The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P /0155 dated November 11, 2024 are enclosed herewith. The same is also available on the website at: https://jkb.bank.in/sites/default/files/aGREEMENT.pdf This is for your information and appropriate dissemination. Thanking you Yours faithfully For Jammu and Kashmir Bank Limited (Mohammad Shafi Mir) Company Secretary Jammu and Kashmir Bank Limited Corporate Headquarters T +91 (0)194 248 3775 W www.jkb.bank.in M A Road, Srinagar 190001 F +91 (0)194 248 1928 E board.sectt@jkbmail.com Kashmir, India CIN: L65110JK1938SGC000048 Board Secretariat Details as required under the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 are given below: Sr.No. Particulars Details Name(s) of parties with whom the 1. MetLife International Holdings, LLC agreement is entered 2. Purpose of entering into the agreement Sale of shares The Bank does not have any shareholding in Shareholding, if any, in the entity with 3. the entity with whom the agreement is whom the agreement is executed. executed. Significant terms of the agreement (in The sale of 1,02,47,348 equity shares brief) special rights like right to appoint constituting 0.50% of the paid-up share directors, first right to share subscription capital of PNB MetLife to MetLife in case of issuance of shares, right to International Holdings, LLC at a price of restrict any change in capital structure ₹117.20 per equity share, aggregating to etc. ₹120,09,89,186/-. Whether, the said parties are related to No, the listed entity is not related to promoter/promoter group/group MetLife International Holdings, LLC, or to companies in any manner. If yes, nature PNB MetLife India Insurance Company of relationship. Limited Whether the transaction would fall within No, the transaction is not a related party 6. related party transactions? If yes, whether transaction. the same is done at “arm’s length”. Fully paid-up equity shares, each having a In case of issuance of shares to the face value of INR 10 (Indian Rupees Ten 7. parties, details of issue price, class of Only) and carrying one vote per equity shares issued. share. Any other disclosures related to such agreements, viz., details of nominee on 8. the board of directors of the listed entity, None potential conflict of interest arising out of such agreements, etc. In case of termination or amendment of agreement, listed entity shall disclose additional details to the stock exchange(s): name of parties to the agreement; 9. Not applicable nature of the agreement; date of execution of the agreement; details of amendment and impact thereof or reasons of termination and impact thereof.