ESOP/ESOS/ESPS

Ref/No/HDFCAMC/SE/2026-27/47 Date - October 15, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot C/1, Block G, Sir PJ Towers, Bandra Kurla Complex, Bandra (East) Dalal Street, Mumbai – 400051 Mumbai – 400001 Kind Attn: Head – Listing Department Kind Attn: Sr. General Manager – DCS Listing Department Dear Sir/Madam, Sub: Grant of Employees Stock Options and Performance-linked Stock Units under Employees Stock Options and Performance-linked Stock Units Scheme – 2025 of the Company Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable circulars, we wish to inform you that the Nomination & Remuneration Committee (‘NRC’) of the Board of Directors of the Company at its meeting held today i.e. on October 15, 2026 has approved grant of 53,925 (Fifty Three Thousand Nine Hundred Twenty Five Only) Employees Stock Options (‘Options’) and 14,925 (Fourteen Thousand Nine Hundred Twenty Five Only) Performance-linked Stock Units (‘PSUs’) representing 68,850 (Sixty Eight Thousand Eight Hundred Fifty Only) Equity Shares in aggregate of Rs. 5/- each to the eligible employees of the Company, under Employees Stock Options and Performance-linked Stock Units Scheme – 2025 (‘ESOP & PSU Scheme – 2025’) at a grant price of Rs. 2,296.90 per Option and Rs. 5/- per PSU. The details of grant of the Options and PSUs as per ESOP & PSU Scheme – 2025 and SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, are provided below: Sr. Particulars Employees Stock Options (‘Options’) granted Performance-linked Stock Units (‘PSUs’) No. granted a. Brief details of 53,925 (Fifty Three Thousand Nine Hundred 14,925 (Fourteen Thousand Nine Hundred Options and PSUs Twenty Five Only) Options granted to the Twenty Five Only) PSUs granted to the granted eligible employees of the Company, as approved eligible employees of the Company, as by the NRC. approved by the NRC. Each Option, upon exercise, would be entitled for Each PSU, upon exercise, would be entitled allotment of one Equity Share of Rs. 5/- each of for allotment of one Equity Share of Rs. 5/- the Company. each of the Company. b. Whether the Yes Scheme is in terms of SEBI (Share Based Employees Benefits and Sweat Equity) Regulations, 2021 c. Total number of A grant of 68,850 (Sixty Eight Thousand Eight Hundred Fifty Only) Equity Shares of Rs. 5/- each shares covered by of the Company, in aggregate, i.e. 53,925 (Fifty Three Thousand Nine Hundred Twenty Five these Options and Only) Options and 14,925 (Fourteen Thousand Nine Hundred and Twenty Five Only) PSUs to PSUs the eligible employees of the Company. Registered Office : “HDFC House”, 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400 020. Tel.: 022 - 6631 6333 Website: www.hdfcfund.com d. Pricing Formula The Options have been granted at Rs. 2,296.90 per The PSUs have been granted at Rs. 5/- per Option, being the latest available closing price of PSU, being the face value of the Equity the Equity Shares of the Company on National Shares of the Company. Stock Exchange of India Limited, the Stock Exchange which recorded the highest trading volume in the Equity Shares of the Company on October 14, 2026, the trading day immediately preceding the date on which grant of Options was approved by the NRC. e. Options / PSUs Subject to the fulfilment of the conditions as Subject to the fulfilment of the conditions as vested specified in ESOP & PSU Scheme – 2025, the specified in ESOP & PSU Scheme – 2025, the vesting of Options shall commence after the vesting of PSUs shall commence after the expiry of one year from the grant date and shall expiry of one year from the grant date and vest over a period of four years as given below: shall vest over a period of four years as given below: Year of Vesting/Vesting % of vesting Year of Vesting/Vesting % of vesting Schedule Schedule 1st Anniversary from the 0 1st Anniversary from the 10 date of grant date of grant 2nd Anniversary from 0 2nd Anniversary from the 20 the date of grant date of grant 3rd Anniversary from 30 3rd Anniversary from the 30 the date of grant date of grant 4th Anniversary from the 70 date of grant 4th Anniversary from the 40 date of grant f. Time within which All the vested Options will have to be exercised All the vested PSUs will have to be Options /PSUs by the eligible employees within four years from exercised by the eligible employees within a may be exercised the date of the respective vesting. period of one year from the date of the respective vesting. This is for your kind information and records. Thanking you, Yours faithfully, For HDFC Asset Management Company Limited Sonali Chandak Company Secretary Registered Office : “HDFC House”, 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400 020. Tel.: 022 - 6631 6333 Website: www.hdfcfund.com