Outcome of Board Meeting

Ref. No.: FM/CS/2026/431 Date: September 29, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza Plot No. C/1 Phiroze Jeejeebhoy Towers G Block Bandra – Kurla Complex Bandra Dalal Street East Mumbai – 400 051. Mumbai – 400 001. Scrip Symbol: SBIFUNDS Scrip Code: 544829 Sub: Outcome of the Board Meeting Dear Sir / Madam, Pursuant to Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the SEBI Listing Regulations”), we wish to inform you that the Board of Directors of SBI Funds Management Limited (“the Company”), at its meeting held today, i.e., September 29, 2026, inter-alia considered the following: a) noted retirement of Mr. Inderjeet Ghuliani, as the Chief Financial Officer and Key Managerial Personnel of the Company attaining the age of superannuation w.e.f. the close of business hours on September 30, 2026. b) approved the appointment of Mr. Amol Joshi as the Chief Financial Officer and Key Managerial Personnel of the Company w.e.f. October 1, 2026, based on the recommendation of Nomination and Remuneration Committee and Audit Committee. Accordingly, pursuant to provisions of Regulation 30(5) of the SEBI Listing Regulations, please note below the revised list of Key Managerial Personnels authorized for the purpose of determining materiality of an event or information and for making disclosures to the Stock Exchanges with effect from October 1, 2026: Name Designation Email ID Contact No. Mr. Debasish Mishra Managing Director and Chief Executive Officer Mr. Denys Charles Jean Executive Director and Marie Fougeroux De Deputy Chief Campigneulles Executive Officer 022-6179- companysecretary@sbimf.com 3000 Mr. Amol Joshi Chief Financial Officer Ms. Vinaya Datar Chief Compliance Officer, Company Secretary and Head Legal The details as required under Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed herewith as Annexure - I Regd. Office: 9th Floor, Crescenzo, Plot C-38 & 39, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400051. Tel: +91 22 6179 3000 I Fax: +91 22 6742 5688 I Website: https.//sbifunds.com I E-mail: companysecretary@sbimf.com This intimation is also available on the Company’s website at https://sbifunds.com in compliance with Regulation 46 of the SEBI Listing Regulations. The Board Meeting commenced at 4:00 p.m. (IST) and concluded at 5:34 p.m. (IST) You are requested to take note of the above and disseminate on your websites. For SBI Funds Management Limited Vinaya Datar Chief Compliance Officer, Company Secretary and Head Legal Membership No.: ACS 15527 Encl: As above Regd. Office: 9th Floor, Crescenzo, Plot C-38 & 39, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400051. Tel: +91 22 6179 3000 I Fax: +91 22 6742 5688 I Website: https.//sbifunds.com I E-mail: companysecretary@sbimf.com Annexure – I Details as required under Regulation 30 read with Schedule III of the SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Cessation of Mr. Inderjeet Ghuliani as the Chief Financial Officer and Key Managerial Personnel Sr. Particulars Details 1. Reason for change viz. appointment, re- Cessation from the position of Chief Financial appointment, resignation, removal, death or Officer and Key Managerial Personnel of the otherwise; Company on account of superannuation. 2. Date of appointment/re-appointment/cessation With effect from the close of business hours on (as applicable) & term of appointment/re- September 30, 2026. appointment. Term: Not Applicable 3. Brief Profile (In case of appointment) Not Applicable 4. Disclosure of relationships between Directors Not Applicable (in case of appointment of a Director) Appointment of Mr. Amol Joshi as Chief Financial Officer and Key Managerial Personnel Sr. Particulars Details 1. Reason for change viz. appointment, re- Appointment as the Chief Financial Officer and appointment, resignation, removal, death or Key Managerial Personnel of the Company. otherwise; 2. Date of appointment/re-appointment/cessation With effect from October 1, 2026. (as applicable) & term of appointment/re- appointment. Term: Full-time employment 3. Brief Profile (In case of appointment) Mr. Amol Joshi has around 32 years of work experience. He has led the finance function, ensuring strong governance, regulatory compliance, and financial discipline in a listed- entity environment. Mr. Joshi served as the CFO of TransUnion CIBIL Limited. Earlier in his tenure at he gained extensive experience working with reputed organisations including IndoStar Capital Finance, L&T Financial Services, Standard Charted Bank, American Express Bank, Oracle Financial Services etc. 4. Disclosure of relationships between directors Not Applicable (in case of appointment of a director) Regd. Office: 9th Floor, Crescenzo, Plot C-38 & 39, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400051. Tel: +91 22 6179 3000 I Fax: +91 22 6742 5688 I Website: https.//sbifunds.com I E-mail: companysecretary@sbimf.com