Update regarding judgment of the Hon''ble Supreme Court of India in relation to Additional Tier-1 Bonds

YBL/CS/2026-27/124 October 24, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relations Department Exchange Plaza, Plot no. C/1, G Block, P.J. Towers, Dalal Street Bandra - Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai - 400 051 BSE Scrip Code: 532648 NSE Symbol: YESBANK Dear Sir/Madam, Sub: Disclosure – Update regarding judgment of the Hon’ble Supreme Court of India in relation to Additional Tier-1 Bonds Ref: Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”). We refer to the prior disclosures made by YES BANK Limited (“Bank”) on 15 October 2026 and 16 October 2026, which were submitted to both BSE Limited and National Stock Exchange of India Limited, and disclosure dated 18 October 2026 which was submitted on the debt segment of BSE Limited, regarding the judgment delivered by the Hon’ble Supreme Court regarding the Tier 1 (AT-1) Bonds issued to the Bank. As previously disclosed, the Bank is examining the judgment in detail, including evaluating all available options and suitable actions/ steps going forward in respect of the judgement. While the Bank continues assessing all available options and suitable actions/ steps going forward in respect of the judgement, the Bank hereby informs that under the terms of the AT- 1 Bonds (as disclosed in their respective Information Memoranda), the Bank retains the right to exercise coupon discretion in respect of the Bonds. As a separate matter, the Bank hereby discloses that it has also been receiving queries from certain bondholders inquiring about payment of the coupon on its AT-1 Bonds. Further, as per the terms of the Information Memorandum dated October 17, 2017, the 9% YBL AT-1 Bonds had a coupon payment date of 18 October 2026. Given that the Bank has not completed the evaluation and assessment, the Bank will communicate its decision, if any, on whether or not exercise of coupon discretion is required in respect of the AT-1 Bonds after it has completed the evaluation and assessment, which it expects to complete in due course. The Bank will make further disclosures on this matter, as may be required under the Listing Regulations, once it has completed its assessment. The Bank hereby assures that YES BANK's day-to-day operations and customer services continue seamlessly across all branches and digital channels without interruption. 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 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The above information is being submitted for your information and record. Kindly take note of the above. Thanking you, Yours faithfully, For YES BANK LIMITED Sanjay Abhyankar Company Secretary