Appointment

CIN: L65920MH1994PLC080618 HDFC Bank Limited, Email: shareholder.grievances@hdfc.bank.in Sandoz House, Website: www.hdfc.bank.in Shivsagar Estate, Dr. Annie Besant Road, Worli, Mumbai – 400018 Tel. No.:022-66521000 Ref. No. SE/2026-27/61 June 29, 2026 BSE Limited National Stock Exchange of India Limited Dept of Corporate Services The Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza Dalal Street, Fort, Bandra Kurla Complex, Mumbai 400 001 Mumbai 400 051 Scrip code: 500180 Scrip code: HDFCBANK Dear Sir/Madam, Sub: Disclosure under Regulation 30 read with Clause 7 of Paragraph A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) This is in addition to the intimation made by the Bank to the stock exchanges, earlier today. We wish to inform you that the Board of Directors of the Bank at its meeting held today i.e. on June 29, 2026, additionally took the following decisions: (i) Based on the recommendations of the Audit Committee and Governance, Nomination and Remuneration Committee, approved the appointment of Mr. Puneet Sharma as the Chief Financial Officer - Designate (CFO-Designate) w.e.f. September 1, 2026 and as Chief Financial Officer w.e.f. December 1, 2026; and (ii) Based on the recommendations of the Governance, Nomination and Remuneration Committee, approved the appointment of Mr. Jigar Shah as the General Counsel – Designate (GC- Designate), effective August 20, 2026 and as the General Counsel, effective October 1, 2026. Both, Mr. Puneet Sharma and Mr. Jigar Shah would be part of Senior Management Personnel of the Bank with effect from their date of joining the Bank as CFO-Designate and GC-Designate, respectively. Further, Mr. Puneet Sharma would be a Key Managerial Person of the Bank under Section 203 of the Companies Act, 2013, upon his assumption of office as Chief Financial Officer, i.e. effective December 1, 2026. He satisfies the qualifications/ conditions prescribed under the Reserve Bank of India (Commercial Banks - Governance) Directions, 2025, for appointment of a chief financial officer. The details as required in terms of disclosure under Regulation 30 read with Clause 7 of Paragraph A of Part A of Schedule III to the SEBI Listing Regulations read with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed herewith as Annexure I. Regd. Office: HDFC Bank Limited, HDFC Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai – 400 013 The Board Meeting at which the above decision was taken, commenced at 7:15 p.m. and ended at 8:10 p.m. You are requested to kindly take the above on your record. Thank you. Yours faithfully, For HDFC Bank Limited Ajay Agarwal Company Secretary Group Head – Secretarial & Group Oversight Annexure I Sr. Particulars Description Description 1. Reason for Change viz. Appointment of Mr. Puneet Appointment of Mr. Jigar Shah as appointment, Sharma as the Chief Financial the General Counsel-Designate reappointment, Officer-Designate (CFO- (GC-Designate) and consequently, a resignation, removal, death Designate) and consequently, a Senior Management Person of the or otherwise; Senior Management Person of the Bank. Bank. 2. Date of appointment/ The effective date of appointment The effective date of appointment is reappointment/ cessation is September 1, 2026 August 20, 2026 (as applicable) & term of appointment/re- Term- Full-time employment Term- Full-time employment appointment; 3. Brief profile (in case of Mr. Puneet Sharma brings over 26 Mr. Jigar Shah has over three appointment); years of experience cutting across decades of experience across legal, banking, financial services and compliance, governance and strategy. He has been the Group regulatory matters in the banking Executive and Chief Financial and financial services sector. Officer of Axis Bank Limited and He has been associated with was responsible for Axis Bank's Elmcroft Consulting Services, finance function along with where he led complex asset Investor Relations, Legal, workout, restructuring and recovery Secretarial and other key corporate mandates for a leading NBFC functions. platform. Prior to Axis Bank, Mr. Puneet Prior to Elmcroft Consulting Sharma was Chief Financial Services, Mr. Jigar Shah was the Officer at Tata Capital Limited, Managing Director at KKR India, where he played a pivotal role in where he served as Head of Legal & strengthening the finance function, Compliance and was a member of driving strategic initiatives, the India Leadership Team. He was managing Board and regulatory also a Whole-Time Executive interactions, and supporting the Director and Business Leader for organization's growth and KKR India Financial Services. transformation agenda. Prior to KKR India, Mr. Shah was Earlier in his career, he held Managing Director and Head of leadership roles at Citibank and Legal – India at JPMorgan Chase The Boston Consulting Group, Bank and held various senior legal gaining extensive experience leadership roles at Deutsche Bank across banking, treasury, strategy, across India, Hong Kong and financial management and London. He began his legal career in business operations. the United Kingdom, working with Throughout his career, he has built leading international law firms deep expertise across financial Regd. Office: HDFC Bank Limited, HDFC Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai – 400 013 planning, capital management, before moving into financial financial reporting, investor services. relations, governance, and regulatory engagement. He brings Mr. Jigar Shah holds an LLB significant experience in working (Hons.) degree from the University with Boards, regulators, investors, of Leicester, United Kingdom, and other key stakeholders. completed his Law Society Finals Mr. Puneet Sharma is a Chartered from The College of Law, Accountant and holds a Post Guildford, and is admitted as a Graduate Programme in Solicitor in England and Wales. Management from the Indian Over the course of his career, he has School of Business, Hyderabad. been recognized among India's leading in-house legal professionals and has contributed to several industry and regulatory initiatives. 4. Disclosure of relationships Not applicable Not applicable between directors (in case of appointment of a director).