General Updates

AXIS/CO/CS/208/2026-27 June 29, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, P. J. Towers, Plot No. C/1, “G” Block Dalal Street Bandra-Kurla Complex Fort, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 NSE Symbol: AXISBANK BSE Scrip Code: 532215 Dear Sir/Madam, REF.: DISCLOSURE UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 (“SEBI LISTING REGULATIONS”) CHANGE IN SENIOR MANAGEMENT: Puneet Sharma, Chief Financial Officer of the Bank has tendered his resignation on June 28, 2026 to pursue next phase of his professional journey. He will be relieved from the services of the Bank at the close of business on August 31, 2026 and shall cease to be the key managerial personnel and a part of senior management of the Bank with effect from that date. A copy of the resignation letter as required under Schedule III, Part A, Para A (7C) of is attached as Annexure A. The Bank places on record its appreciation for Puneet Sharma’s contribution during his tenure and wishes him the very best in his future endeavours. RE-APPOINTMENT OF DIRECTORS: Based on the recommendations of the Nomination and Remuneration Committee, the Board of Directors of the Bank at its meeting held today i.e. June 29, 2026 has approved the following: a) Re‑appointment of CH S S Mallikarjunarao (DIN: 07667641) as an Independent Director of the Bank for second term of four years with effect from February 1, 2027 up to January 31, 2031 (both days inclusive), subject to approval of the members of the Bank. b) Re‑appointment of Munish Sharda (DIN: 06796060) as Whole-Time Director (designated as Executive Director) of the Bank for a further period of three years with effect from February 27, 2027 up to February 26, 2030 (both days inclusive), subject to approval of the Reserve Bank of India and the members of the Bank. Please note that CH S S Mallikarjunarao and Munish Sharda are not debarred from holding the office of director by virtue of any order of SEBI or any other statutory authority. The details required pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 are enclosed as Annexure B. The meeting commenced at 2.00 pm (IST) and concluded at 4.00 pm (IST). Thanking You. Yours faithfully, For Axis Bank Limited Sandeep Poddar Company Secretary CC: London Stock Exchange Singapore Stock Exchange Annexure A Resignation of Puneet Sharma, Chief Financial Officer of the Bank Annexure B Sr Particulars CH S S Mallikarjunarao Munish Sharda Puneet Sharma 1 Reason for Re‑appointed as an Re‑appointed as Whole- Resignation change Independent Director of Time Director the Bank. (designated as Executive Director) of the Bank. 2 Date of Four years with effect Three years with effect Date of reappointment from February 1, 2027, up from February 27, 2027, cessation: Close and to January 31, 2031 (both up to February 26, 2030 of business on term of days inclusive). (both days inclusive). August 31, 2026. reappointment 3 Disclosure of CH S S Mallikarjunarao is Munish Sharda is not NA relationship not related to any other related to any other between directors directors or key directors or key managerial personnel of managerial personnel of the Bank. the Bank. 4 Brief Profile CH S. S. Mallikarjuna Rao, Munish Sharda, aged 55 NA aged 64 years, is a years, has more than 34 professional banker with years of experience more than 37 years of across banking, experience. insurance, consumer goods, and engineering. He started his banking As an Executive Director career as a probationary of the Bank, he is officer in Bank of responsible for Maharashtra in 1985. He overseeing a retired as Managing comprehensive portfolio Director & CEO (MD & that includes retail CEO) of Punjab National assets, retail liabilities, Bank (PNB) in January branch banking, and the 2022. Prior to assuming commercial banking the position of MD & CEO group. of PNB, he was MD & CEO of Allahabad Bank Before joining the Bank, from September 2018 to Munish Sharda was the September 2019. Before Managing Director & this, he served as CEO of Future Generali Executive Director of India Life Insurance. Syndicate Bank since Earlier in his career, he 2016. He has also held spent more than a various positions in decade with Citibank Oriental Bank of India (Global Consumer Commerce including as Bank) across General Manager, Chief geographies and Financial Officer, Head product lines. He has of Information also held roles at Blow Technology, Digital Plast Limited and Larsen Banking and Risk & Toubro Limited, giving Department, etc. him a uniquely broad, cross-sector perspective.