Outcome of the Board Meeting - SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations')

YBL/CS/2026-27/115 October 17, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Corporate Relations Department Plot no. C/1, G Block, P.J. Towers, Dalal Street Bandra - Kurla Complex Mumbai – 400 001 Bandra (E), Mumbai - 400 051 BSE Scrip Code: 532648 NSE Symbol: YESBANK Dear Sir / Madam, Sub.: Outcome of the Board Meeting - SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Ref.: Reg. 30, 33, 52, 54 and other applicable provisions of the Listing Regulations This is further to our intimation dated October 05, 2026, wherein the Bank had informed the exchanges that the meeting of the Board of Directors of YES Bank Limited (“the Bank”) will be held on Saturday, October 17, 2026, inter alia, to consider and approve Un-Audited Standalone and Consolidated Financial Results of the Bank for the Quarter (Q2) and Half Year ended September 30, 2026. In terms of Regulation 33 read with Regulation 52 and other applicable provisions of the Listing Regulations, if any, the Board of Directors of the Bank at its meeting held on Saturday, October 17, 2026 had inter alia, considered and approved Un-Audited Standalone and Consolidated Financial Results of the Bank for the Quarter (Q2) and Half Year ended September 30, 2026, together with line items as specified under Regulation 52(4) of the Listing Regulations, as applicable. Accordingly, we enclose herewith the Un-Audited Standalone and Consolidated Financial Results of the Bank for the Quarter (Q2) and Half Year ended September 30, 2026, along with Limited Review Report of the Joint Statutory Auditors of the Bank. The Joint Statutory Auditors have issued the Audit Report with modified opinion on the standalone and consolidated financial results of the Bank for the Quarter (Q2) and Half Year ended September 30, 2026. Pursuant to Regulation 52(7) of the Listing Regulations, we confirm that the issue proceeds of the non-convertible debt securities had been fully utilized and that there were no deviations in the use of the said proceeds from the objects stated in the Information Memorandum(s)/Disclosure Document(s). Further, the Bank has no outstanding secured listed non-convertible debt securities as on September 30, 2026, and accordingly, the disclosure requirements in terms of Regulation 54 of the Listing Regulations are not applicable with respect to the extent and nature of security created and maintained and the security cover available. The Board Meeting commenced at 10:00 AM, the agenda for consideration of financial results commenced at 04:30 PM and the aforementioned financial matters concluded at 07:10 PM. The weblink of BSE Limited and National Stock Exchange of India Limited providing the above information is being hosted on the Bank’s website www.yes.bank.in pursuant to Listing Regulations, as amended. You are requested to take the same on record and acknowledge the receipt. Thanking you, Yours faithfully, For YES BANK LIMITED Sanjay Abhyankar Company Secretary Encl.: As above C N K B: Associates LLP M S KA B: Associates LLP (formerly known as M S KA B: Associ"tes) Chartered Accountants Chartered Accountants 3rd Floor, Mistry Bhavan, 602, Floor 6, Raheja Titanium Dinshaw Vachha Road, Western Express Highway, Geetanjali, Churchgate, Railway Colony, Ram Nagar, Goregaon (E),. Mumbai 400 020 Mumbai 400 063, INDIA Tel: +91 22 6974 0200 Independent Auditor's Review Report on unaudited standalone financial results for the quarter and half year ended Septemb_er 30, 2026 of YES BANK Limited pu_rsuant to the Regulation 33 and Regulation 52 read with Regulation 63(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The Board of Directors of YES BANK Limited 1. We have reviewed the accompanying statement of unaudited standalone financial results of YES BANK Limited (the 'Bank') for the quarter and half year ended September 30, 2026 (the 'Statement') attached herewith, being submitted by the Bank pursuant to the requirements of Regulation 33 and Regulation 52 read with Regulation 63(2) of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 as amended ('the Listing Regulations'). 2. This Statement, which is the responsibility of the Bank's Management and approved by the Bank's Board of Directors, has been prepared in accordance with the recognition and measurement principles-laid down in Accounting Standard 25 'Interim Financial Reporting' ('AS 25') prescribed under section 133 of the Companies Act, 2013 (' the Act') read with relevant rules issued thereunder in so far as they apply to the Banks, the relevant provisions of the Banking Regulation Act, 1949, the circulars, guidelines and directions issued by the Reserve Bank of India (the 'RBI') from time to time (the 'RBI Guidelines'), other recognized accounting principles generally accepted in India and in compliance with the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information P~rformed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement are free of material misstatement. A review consists of making inquiries primarily of persons responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in . accordance with Standards on Auditing under section 143(10) of the Act and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 4. Basis for_Qualified Conclusion: We draw attention to Note 9 to the Statement, which describes the Bank's position on the judgment pronounced by Honorable Supreme Court dated October 15, 2026. As per the order, Hon'ble Supreme Court of India, has upheld the judgment of the Hon'ble Bombay High Court and dismissed the appeal filed by the Bank relating to the write down of Additional Tier 1 (AT1) Bonds amounting to ~8,415 crore. The Bank is presently evaluating the consequential implications of the judgment, including the decisions and actions required to give effect to it, the manner and timing of implementation, and the resulting financial and accounting implications. '•" '· • .-,d :,':-, ge 1 of 2 C N K & Associates LLP M S KA ft Associates LLP (formerly known as M S KA & Associates) Chartered Accountants Chartered Accountants Consequently, the Statement does not reflect the resultant financial impact of the aforesaid judgement. Had such impact been recognized, the reported financial position and financial performance of the Bank may have been materially different as stated in Note 9 to the Statement. 5. Based on our review as stated in paragraph 3 above and with the exception of the matter described in the paragraph 4 and the effects thereon, nothing has come to our attention that causes us to believe that the accompanying Statement prepared in accordance with the recognition and measurement principles laid down in AS 25, prescribed under Section 133 of the Act, read with relevant rules issued thereunder, the RBI Guidelines and other accounting principles generally accepted in India has not disclosed the information required to be disclosed in terms of the Listing Regulations including the manner in which it is to be disclosed or that it contains material misstatement or that it has not been prepared in accordance with the relevant prudential norms issued by the RBI in respect of income recognition, asset cl [Showing first 8,000 characters — download PDF for full document]