Intimation of change in composition of Board and selection of next chairperson

Ref. No.: UTI/AMC/CS/SE/2026-27/0694 Date: 22nd July, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza Plot No. C/1 Phiroze Jeejeebhoy Towers G Block Bandra – Kurla Complex Dalal Street Bandra East Mumbai – 400 051. Mumbai – 400 001. Scrip Symbol: UTIAMC Scrip Code / Symbol: 543238 / UTIAMC Sub: Intimation of change in composition of Board and selection of next Chairperson Dear Sir / Madam, Pursuant to Regulation 30 read with Schedule III Part A Para A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the SEBI Listing Regulations) read with relevant SEBI circulars and SEBI Master circulars, we are disclosing that, Mr. Deepak Kumar Chatterjee (DIN: 03379600), will complete his term as Non- Executive Independent Director on 28th July, 2026. Accordingly, Mr. Deepak Kumar Chatterjee will cease to be Non-Executive Independent Director, Chairperson of the Board and member of Risk Management Committee, Stakeholders Relationship Committee, Unitholder Protection Committee and FINCON Governance Committee w.e.f. closure of business hours on 28th July, 2026. The Board and the Company placed on record his valuable contributions and guidance provided during his association with the Company. The Board of Directors has, in its meeting held on 22nd July, 2026, selected Ms. P. V. Bharathi (DIN: 06519925), Non-Executive Independent Director as Chairperson w.e.f. 29th July, 2026. The requisite disclosures as required under Regulation 30 of the SEBI Listing Regulations read along with relevant SEBI circulars and SEBI Master circulars is enclosed herewith as ‘Annexure- A’. and ‘Annexure-B’. The Board meeting started at 1400 hrs IST and concluded at 1745 hrs IST. This disclosure is also available on the Company’s website i.e www.utimf.com in compliance with Regulation 46 of the SEBI Listing Regulations. Thanking you, For UTI Asset Management Company Limited Arvind Patkar Company Secretary and Compliance Officer Membership No.: ACS 21577 Annexure-A Information required as per Regulation 30 – Part A of Para A of Schedule III of the SEBI Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January, 2026 Sr. Name of the Director Mr. Deepak Kumar Chatterjee 1. Reason for change viz. Completion of 2nd term of Mr. Deepak Kumar appointment, re- Chatterjee (DIN: 03379600) as Non Executive appointment, resignation, Independent Director of the Company from removal, death or closure of business hours on 28th July, 2026. otherwise (Completion of Term) 2. Date of appointment/re- Closure of business hours on 28th July, 2026. appointment/cessation (as applicable) & term of appointment/re- appointment 3. Brief Profile (in case of Not Applicable appointment) 4. Disclosure of Not Applicable relationships between directors (in case of appointment of a director) Annexure-B Information required as per Regulation 30 – Part A of Para A of Schedule III of the SEBI Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January, 2026 Sr. Name of the Director Mr. P. V. Bharathi 1. Reason for change viz. Ms. P. V. Bharathi (DIN: 06519925), Non- appointment, re- Executive Independent Director has been appointment, resignation, selected as Chairperson of the Board and the removal, death or Company with effect from 29th July, 2026. otherwise (change in designation) 2. Date of appointment/re- Selected as Chairperson of the Board with effect appointment/cessation from 29th July, 2026. (as applicable) & term of appointment/re- appointment (change in designation) 3. Brief Profile (in case of Ms. P V Bharathi is an Independent Director of appointment) the Company. She has 37 years of professional Banking experience. She started her Career as a Probationary Officer in Canara Bank in December 1982 and rose to the position of Executive Director (WTD) of the Bank in September 2016. Ms. P V Bharathi has worked in rural, semi- urban, urban and metro branches across the country. She has served in the different levels of administrative offices – Regional Office, Circle Office and at the Head Office of the Bank. Ms. P V Bharathi had also worked at the Hong Kong Branch of the Bank and handled International Operations. As Executive Director, she was responsible for monitoring of the Bank’s International Operations, conducting road shows for raising funds from abroad and meeting the Regulators of the different countries where the Bank had its branches. As a Chief Risk Officer of the Bank. She was the main proponent in drawing up and implementing the blueprint for Canara Bank’s move over to Advanced Approaches in Credit risk, Market Risk and Operational Risk. She authored the Road Map for the implementation of the Enterprise – wide Integrated Risk Management Architecture for the Bank. As the MD & CEO of Corporation Bank, brought the Bank out of Prompt Corrective Action and developed strategies to build up the business of the Bank. New strategies were formed, motivated the people to bring back the lost business. After the announcement of merger of Andhra Bank with the Union Bank of India, held Town Hall Meetings jointly with both banks and paved way for the staff and the customers to have a smooth continuity of their working and business environment. Ms. P V Bharathi was a recipient of Jhansi Rani Award for Banking. She was awarded Aryabhata International Award 2017 in recognition of excellent contribution, talent and service in the field of Banking. She holds a degree in Bachelor of Science from Daulat Ram College, Delhi, followed by B. Ed from the Central Institute of Education, and completed her Master of Arts in Economics from the University of Rajasthan. She is a Certified Associate of the Indian Institute of Bankers (CAIIB) and has completed advanced banking and finance programs through the Indian Institute of Banking & Finance (IIBF) and the National Institute of Bank Management (NIBM). 4. Disclosure of Ms. P. V. Bharathi is not related to any other relationships between Director of the Company. directors (in case of appointment of a director) 5. Information as required Ms. P. V. Bharathi is not debarred from holding under BSE circular the office of Director pursuant to any SEBI Number Order or Order of any such authority. LIST/COM/14/2018-19 and NSE circular no. NSE/CML/2018/24 dated June 20, 2018 *****