General Updates

June 27. 2026 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Bandra (East), Mumbai 400 001 Mumbai 400 051 BSE Scrip 500247, 958687, 974396, NSE Symbol: KOTAKBANK, KMBL, Code: 974682, 974924, 975387 KMB26, KMB29, KMB30 Dear Sirs, Sub.: Update We wish to inform you that Mr. Ashok Vaswani, Managing Director & CEO of the Bank, has informed the Board of the Bank that, for personal reasons, he does not wish to seek re-appointment upon completion of his current term on December 31, 2026. The Board has, at its meeting held today, respected his decision and has initiated the process for the appointment of a new Managing Director & CEO. The process will be completed within applicable regulatory timelines. We request you to take the above information on record and disseminate the same on your website. This intimation is also being made available on the Bank’s website at: https://www.kotak.bank.in/en/investor-relations/governance/sebi-listing-disclosures.html Thanking you, Yours faithfully, Kotak Mahindra Bank Limited Avan Doomasia Company Secretary Kotak Mahindra Bank Ltd. CIN: L65110MH1985PLC038137 Registered Office: 27 BKC, C 27, G Block, Bandra Kurla Complex, T +91 22 61660001 Bandra (E), Mumbai 400051, www.kotak.bank.in Maharashtra, India.