Notice of Postal Ballot

CIN: L65920MH1994PLC080618 HDFC Bank Limited, Email: shareholder.grievances@hdfc.bank.in HDFC House, Website: www.hdfc.bank.in H T Parekh Marg, 165-166 Backbay Reclamation, Churchgate, Mumbai- 400 020 Tel. No.:022-66316000 Ref. No. SE/2026-27/120 October 7, 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 Symbol: HDFCBANK Dear Sir, Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) - Notice of Postal Ballot Pursuant to Regulation 30 of the SEBI Listing Regulations and in furtherance to our intimation dated October 1, 2026 please find enclosed herewith a copy of the Postal Ballot Notice dated October 1, 2026 (“Notice”) together with the Explanatory Statement thereto, seeking approval of the Members of HDFC Bank Limited (“the Bank”) on the resolution specified therein, by means of electronic voting (remote e-voting) in compliance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. In compliance with the applicable circulars, the Notice is being sent to all Members whose names appear in the Register of Members / Register of Beneficial Owners maintained by the Depositories viz. National Securities Depository Limited (“NSDL”) and Central Depository Services (India) Limited as on Friday, October 2, 2026 (cut- off date) and whose e-mail addresses are registered with Depository Participants and / or Datamatics Business Solutions Limited, Registrar & Transfer Agents of the Bank. The Bank has engaged NSDL for facilitating remote e-voting to enable the Members to cast their votes electronically. The period for remote e-voting on the resolution set out in the Notice shall commence on Thursday, October 8, 2026 at 10:00 A.M. (IST) and end on Friday, November 6, 2026 at 5:00 P.M. (IST). The Notice is being uploaded on the Bank’s website at https://www.hdfc.bank.in/about-us/corporate-governance/postal-ballot and on the website of NSDL at https://www.evoting.nsdl.com This is for your information and appropriate dissemination. Yours faithfully, For HDFC Bank Limited Ajay Agarwal Company Secretary Group Head – Secretarial & Group Oversight Encl.: a/a cc: New York Stock Exchange Singapore Exchange Securities Trading Limited 11, Wall Street, 2 Shenton Way New York, # 02-00 SGX Centre 1 NY 10005 Singapore 068804 Regd. Office: HDFC Bank Limited, HDFC Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai – 400 013 HDFC Bank Limited Registered Office: HDFC Bank House, Senapati Bapat Marg, Lower Parel (W), Mumbai 400 013 CIN: L65920MH1994PLC080618 E-Mail: shareholder.grievances@hdfc.bank.in Website: www.hdfc.bank.in Tel No.: 022 66316000 POSTAL BALLOT NOTICE [Pursuant to Sections 108 and 110 of the Companies Act, 2013 read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014] Dear Member(s), NOTICE is hereby given that pursuant to the provisions of Sections 108, 110 and all other applicable provisions, if any, of the Companies Act, 2013 (the “Act”) read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014, and in compliance with the applicable guidelines / circulars / rules issued by the Ministry of Corporate Affairs (“MCA”) inter alia including General Circular Nos. 14/2020 dated April 8, 2020, 17/2020 dated April 13, 2020 and the latest being No. 03/2025 dated September 22, 2025, issued by MCA, read with other relevant circulars, issued from time to time, Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Secretarial Standard on General Meetings issued by the Institute of Company Secretaries of India, and other applicable laws and regulations, if any, including any statutory amendment(s), modification(s), variation(s) or re-enactment(s) thereto, for the time being in force, the following special business is proposed to be passed by the Members of HDFC Bank Limited by way of Postal Ballot through voting by electronic means (“remote e-voting”) only. Special Business: Resolution No. 1: Appointment of Mr. Anup Bagchi (DIN: 00105962) as a Director and as the Managing Director & Chief Executive Officer of the Bank, on the terms and conditions relating to the said appointment, including remuneration, as approved by the Reserve Bank of India To consider and if thought fit, to pass the following resolution, as an Ordinary Resolution: “RESOLVED THAT pursuant to Sections 149, 152, 196, 197, 203, Schedule V and other applicable provisions, if any, of the Companies Act, 2013 (“the Act”) and the relevant rules thereunder, Section 35B and other applicable provisions of the Banking Regulation Act, 1949, Reserve Bank of India (Commercial Banks - Governance) Directions, 2025, other relevant directions, guidelines, circulars and notifications issued by the Reserve Bank of India (“RBI”) from time to time, the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), any other relevant provisions of the applicable laws, and as each of the above is or may be amended, modified, varied, re-stated or re-enacted from time to time, the provisions of the Articles of Association of HDFC Bank Limited (“Bank”) and pursuant to the recommendation of the Governance, Nomination and Remuneration Committee and the Board of Directors of the Bank (hereinafter referred to as the “Board”, which term shall be deemed to include Governance, Nomination and Remuneration Committee of the Bank) and pursuant to the approval received from the RBI, Mr. Anup Bagchi (DIN: 00105962), who was originally appointed by the Board as an Additional Director of the Bank with effect from October 2, 2026 and as the Managing Director & Chief Executive Officer (the “MD & CEO”) of the Bank, for a period of 3 (three) years commencing from October 27, 2026 up to October 26, 2029, (both days inclusive), be and is hereby appointed as a Director and as the MD & CEO of the Bank for the aforesaid period, not liable to retire by rotation, upon the terms and conditions including remuneration as mentioned herein below, which are specifically hereby approved, with further authority to the Board to alter and vary the terms and conditions of the said appointment, remuneration and / or agreement including increments and revisions and / or any other components of the remuneration (including authority, from time to time to determine the amount of salary as also the type and amount of perquisites and other benefits payable to Mr. Anup Bagchi), as may be necessary from time to time during the tenure of Mr. Anup Bagchi as the MD & CEO of the Bank, subject to the approval of RBI: Particulars Amount in ` (annualized) PART-A: Fixed Pay (including perquisites): 1. Salary 3,31,86,378 2. Dearness allowance - 3. Retiral/Superannuation benefits: (a) Provident Fund 39,82,365 (b) Gratuity ^ 21,37,966 (c) Pension / NPS * 46,46,093 (d) Superannuation * 49,77,957 4. Leave Fare Concession/ Allowance 55,31,063 5. Other fixed allowances, if any (please specify)* 1,09,10,442 *Consolidated allowance, if any, to be given with details of heads it subsumes. 6. Perquisites: (details for each perquisite described below) (i) Free Furnished House and its maintenance / House Rent Allowance 1,65,93,189 Particulars Amount in ` (annualized) (ii) Conveyance Allowance/Free use of bank’s car for official and private purposes 54,00,000 (iii) Driver(s)’ salary - (iv) Club Membership(s) 3,72,880 (v) Loan perquisite 17,62,500 (vi) Medical Insurance Premium 1,73,442 (vii) Personal Accident Insurance Premium 69,384 Total Fixed pay (including perquisites) 8,97,43,659 Details of Perquisite [Showing first 8,000 characters — download PDF for full document]