Outcome of Board Meeting

Ref. No.: FM/CS/2026/451 Date: October 13, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza Plot No. C/1 Phiroze Jeejeebhoy Towers G Block Bandra – Kurla Complex Bandra Dalal Street East Mumbai – 400 051. Mumbai – 400 001. Scrip Symbol: SBIFUNDS Scrip Code: 544829 Sub: Outcome of the Board Meeting Dear Sir / Madam, Pursuant to Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the SEBI Listing Regulations”), we wish to inform you that the Board of Directors of SBI Funds Management Limited (“the Company”), at its meeting held today, i.e., October 13, 2026, based on the recommendation of Nomination and Remuneration Committee inter-alia approved appointment of Mr. R.S. Srinivas Jain as the Joint Chief Executive Officer and Key Managerial Personnel of the Company w.e.f. October 13, 2026. Accordingly, pursuant to provisions of Regulation 30(5) of the SEBI Listing Regulations, please note below the revised list of Key Managerial Personnels authorized for the purpose of determining materiality of an event or information and for making disclosures to the Stock Exchanges with effect from October 13, 2026: Name Designation Email ID Contact No. Mr. Debasish Mishra Managing Director and Chief Executive Officer Mr. Denys Charles Jean Executive Director and Marie Fougeroux De Deputy Chief Campigneulles Executive Officer Mr. R.S. Srinivas Jain Joint Chief Executive 022-6179- companysecretary@sbimf.com Officer 3000 Mr. Amol Joshi Chief Financial Officer Ms. Vinaya Datar Chief Compliance Officer, Company Secretary and Head Legal The details as required under Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed herewith as Annexure – I. Regd. Office: 9th Floor, Crescenzo, Plot C-38 & 39, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400051. I I I Tel: +91 22 6179 3000 Fax: +91 22 6742 5688 Website: https.//sbifunds.com E-mail: companysecretary@sbimf.com This intimation is also available on the Company’s website at https://sbifunds.com in compliance with Regulation 46 of the SEBI Listing Regulations. The Board Meeting commenced at 06:54 p.m. (IST) and concluded at 07:15 p.m. (IST) You are requested to take note of the above and disseminate on your websites. For SBI Funds Management Limited Vinaya Datar Chief Compliance Officer, Company Secretary and Head Legal Membership No.: ACS 15527 Encl: As above Regd. Office: 9th Floor, Crescenzo, Plot C-38 & 39, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400051. I I I Tel: +91 22 6179 3000 Fax: +91 22 6742 5688 Website: https.//sbifunds.com E-mail: companysecretary@sbimf.com Annexure – I Details as required under Regulation 30 read with Schedule III of the SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Appointment of Mr. R.S. Srinivas Jain as the Joint Chief Executive Officer and Key Managerial Personnel of the Company. Sr. Particulars Details 1. Reason for change viz. appointment, re- Appointment of Mr. R.S. Srinivas Jain as the appointment, resignation, removal, death or Joint Chief Executive Officer and Key otherwise; Managerial Personnel of the Company w.e.f. October 13, 2026. 2. Date of appointment/re- With effect from October 13, 2026. appointment/cessation (as applicable) & term of appointment/re-appointment. Term: Full-time employment 3. Brief Profile (In case of appointment) Mr. R. S. Srinivas Jain is Executive President, serving as the Chief of Strategy, Digital & Technology, Marketing and Head of Investor Relations at SBIFML. He is associated with our company from 7th May 2001, (more than 25 years) during his tenure he handled various function including Strategy, Information Technology, Digital, Marketing, Investor Relations, Products, International Business & overall Sales He has an overall experience of more than 34 years in the BFSI sector including 27 years in the Mutual Fund industry. He holds bachelor’s degree in commerce from Vijaya Evening College, affiliated to Bangalore University and passed the intermediate examination of Institute of Cost and Works Accountants of India. He holds a certificate of “NISM Continuing Professional Education for Mutual Fund Distributors – Level 1” from National Institute of Securities Markets. He has also completed the management development programme on Regd. Office: 9th Floor, Crescenzo, Plot C-38 & 39, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400051. I I I Tel: +91 22 6179 3000 Fax: +91 22 6742 5688 Website: https.//sbifunds.com E-mail: companysecretary@sbimf.com “creative, problem solving and decision making” from XLRI, Jamshedpur and Business Leadership Programme from ISB. He is now elevated from the position of Chief of Strategy, Digital and Technology, Marketing and Head- Investor Relation & Senior Management Personnel to Joint Chief Executive Officer and Key Managerial Personnel of the Company. 4. Disclosure of relationships between Directors Not Applicable (in case of appointment of a Director) Regd. Office: 9th Floor, Crescenzo, Plot C-38 & 39, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400051. I I I Tel: +91 22 6179 3000 Fax: +91 22 6742 5688 Website: https.//sbifunds.com E-mail: companysecretary@sbimf.com