Outcome of Board Meeting

Classification | REGULATORS IRC: F48: 159: 357: 2026 15th October 2026 The Manager, The Manager, National Stock Exchange of India Ltd, BSE Limited, Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Plot No. C-1, ‘G’ Block, Dalal Street, Bandra- Kurla Complex, Mumbai – 400001 Bandra (East), Mumbai – 400051 Scrip Code: KARURVYSYA Scrip Code: 590003 Dear Sir/Madam, Sub: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Outcome of the Board Meeting ***** Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR), we inform that Board of Directors (Board) at its meeting held today (i.e. 15th October 2026) has inter-alia, considered and approved allotment of 14,442 Equity Shares of face value of ₹ 2 each to Senior Management Personnel of the Bank under KVB ESOS 2018 Scheme, as a part of his non-cash component of variable pay for the performance period FY 2022-23 in terms of his compensation structure. Board meeting commenced at 12.30 P.M. and concluded at 4.45 P.M. Kindly take the same on record. Yours faithfully, Srinivasarao Maddirala Company Secretary & Compliance Officer