Outcome of Board Meeting

o SBI FUNDS SBI Funds Management Limited A joint venture between SBI & AMUNDI ff,l.ft M A N A G E M ENT LIMITED (CIN - L65990MH1992PLC065289) Ref. No.: FM/CS/2026/475 Date: October 23, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza Plot No. C/1 Phiroze Jeejeebhoy Towers G Block Bandra – Kurla Complex Dalal Street Bandra East Mumbai – 400 051. Mumbai – 400 001. Scrip Symbol: SBIFUNDS Scrip Code: 544829 Sub: Outcome of the Board Meeting Dear Sir / Madam, Pursuant to Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“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 23, 2026, has, inter-alia, considered and approved: 1. on the recommendation of the Audit Committee, the Un-Audited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026 (“Financial Results”), which have been subject to limited review by the Statutory Auditors of the Company in terms of Regulation 33 of the SEBI Listing Regulations. A copy of the Financial Results along with the Limited Review Reports issued by the Statutory Auditor is enclosed. 2. the Postal Ballot Notice for seeking approval of members for appointment of Mr. Giridhar Sanjeevi as the Independent Director of the Company. Details of cut-off date, remote e-voting period and Postal Ballot Notice will be intimated in due course in compliance with applicable laws. 3. a. the request received from State Bank of India, Promoter of Company, seeking reclassification of Indian Digital Payment Intelligence Corporation (an entity forming part of promoter group) from the ‘Promoter Group’ category to ‘Public’ category of the Company. b. the request received from Amundi Asset Management, Promoter of Company, seeking removal/reclassification of AIXIGO TR YAZILIM LIMITED SIRKETI (an entity forming part of promoter group) from the ‘Promoter Group’ category of the Company, consequent to its voluntary winding up/dissolution. The Board noted that the reclassification/removal request received from Indian Digital Payment Intelligence Corporation and AIXIGO TR YAZILIM LIMITED SIRKETI is compliant with the conditions specified in Regulation 31A (3)(b) of the SEBI Listing Regulations and instructed the Company to seek no objection(s) from concerned regulatory authorities including Stock Exchanges/ SEBI, if any required. It was also noted that, since the aforesaid entities do not hold any shares in the Company, the re‐classification does not require approval of shareholders of the Company. Regd. Office: 9th Floor, Crescenzo, Plot C-38 & 39, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400051. Tel: +91 22 6179 3000 I Fax: +91 22 6742 5688 I Website: https.//sbifunds.com I E-mail: companysecretary@sbimf.com MUTUAL FUNDS I OFFSHORE FUNDS I PORTFOLIO MANAGEMENT SERVICES I ALTERNATIVE INVESTMENT FUNDS o SBI FUNDS SBI Funds Management Limited ol.o A joint venture between SBI & AMUNDI MANAGEMENT LIMITED (CIN - L65990MH1992PLC065289) 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 03:26 p.m. (IST) and concluded at 05:03 p.m. (IST). You are requested to take note of the above and disseminate on your websites. Thanking you, 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. Tel: +91 22 6179 3000 I Fax: +91 22 6742 5688 I Website: https.//sbifunds.com I E-mail: companysecretary@sbimf.com MUTUAL FUNDS I OFFSHORE FUNDS I PORTFOLIO MANAGEMENT SERVICES I ALTERNATIVE INVESTMENT FUNDS Of ---gokhale & sathe LLP chartered accountants (formerly known as gokhale & sathe) IND IA 304/308/309/3 !l ,udyog mandir no. I, 7-c, bhagoji keer marg,mahim, mumbai -400 016,maharashtra,india. Limited Review Report on unaudited standalone financial results of SBI Funds Management Limited for the quarter and half year ended September 30, 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The Board of Directors SBI Funds Management Limited 1- We have reviewed the accompanying statement of unaudited standalone financial results of SBI Funds Management Limited (hereinafter referred to as "the Company") for the quarter and half year ended September 30, 2026 ("the Statement") being submitted by the Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations, 2015"), including relevant circulars issued by the Securities and Exchange Board of India ("SEBI") from time to time. We have initialled the Statement for identification purposes only. 2. The Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, ("Ind AS 34") "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 (the "Act") as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. The Statement has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on this 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 Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial information 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 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. Accordingly, we do not express an audit opinion. Our firm was converted from Gok/111/e & Snthe, a partnership firm bearing registration no. B-192888, into a limited liabilihJ partnership (LLP identification no. ADB-6482) with effect from August 27, 2026. Tel.(off). : +91 022 4348 4242 I Email : office@gokhalesathe.in I Website : www.gokhalesathe.com G4( - ------~ gokhale-& sathe LLP chartered accountants (formerly known as gokhale & sathe) I N D I A 4. Based on our review conducted as above, 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 the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. The Statement includes comparative figures for the year ended March 31, 2026 and the quarter ended June 30, 2026 which have been audited and reviewed, respectively, by the predecessor auditor, who expressed unmodified opinions and conclusions respectively thereon vide their reports dated April 27, 2026 and August 03, 2026 respectively. The comparative figures for the quarter and half year ended September 30, 2025 included in the Statement, were not required to be reviewed under Regulation 33 of Listing Regulations, 2015. Our conclusion on the Statement is not modified in respect [Showing first 8,000 characters — download PDF for full document]