Outcome of Board Meeting

Secretarial Section Head Office, 57- V.E. Road, Thoothukudi – 628 002. ☏: 0461-2325136 e-mail : secretarial@tmb.bank.in CIN: L65110TN1921PLC001908 Ref.No.TMB.SE.82/2026-27 26.10.2026 The Manager The Manager National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, 5th Floor, Plot No. C/1, Phiroze Jeejeebhoy Towers, 'G' Block, Bandra - Kurla Complex, Dalal Street, Bandra (East), Mumbai - 400 051. Mumbai – 400 001. Ref: Symbol: TMB / Scrip Code: 543596 Dear Sir/Madam, Sub: Outcome of the Board Meeting held on October 26, 2026 Pursuant to Regulation 30, 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, we enclose herewith the Unaudited Financial Results of the Bank for the quarter and half-year ended September 30, 2026, along with the Limited Review Report issued by the Joint Statutory Central Auditors of the Bank, which were reviewed and recommended by the Audit Committee of the Board and duly approved by the Board of Directors at their respective meetings held today i.e., October 26, 2026. The Board Meeting commenced at 12:05 P.M. and concluded at 01:35 P.M. Kindly take the information on record. Yours faithfully, For Tamilnad Mercantile Bank Limited Swapnil Yelgaonkar Company Secretary & Compliance Officer '1,IL\1 B TAMILNAD MERCANTILE BANK LIMITED Tartr nad Mercan titc BanK Ltd Be a step ahead in life REGD.OFFICE: 57 V E Road, Thoothukudi -628 002 (CIN:L65110TN1921PLC001908 ) www.tmb.bank.in UNAUDITED (Reviewed) FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 (Rs. in lakhs) Quarter ended Half Year ended Year ended Particulars 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited 1. Interest earned (a)+(b)+(c)+(d) 182,016 166,243 141,339 348,259 279,963 581,942 (a) Interest/discount on advances/bills 149,335 137,159 112,651 286,494 223,356 471,471 (b) Income on investments 31,600 27,780 27,128 59,380 53,282 104,917 (C) Interest on balances with Reserve 1,067 1,288 1,534 2,355 3,272 5,463 Bank of India and other inter bank funds (d) Others 14 16 26 30 53 91 2. Other income 23,224 23,836 20,807 47,060 43,930 87,707 3. TOTAL INCOME (1+2) 205,240 190,079 162,146 395,319 323,893 669,649 4. Interest expended 101,299 89,735 81,626 191,034 162,295 329,215 5. Operating expenses (i)+(ii) 39,786 39,237 35,277 79,023 75,129 154,911 (i) Employees cost 19,309 20,924 17,584 40,233 39,867 79,449 (ii) Other operating expenses 20,477 18,313 17,693 38,790 35,262 75,462 6. TOTAL EXPENDITURE (4+5) 141,085 128,972 116,903 270,057 237,424 484,126 7. OPERATING PROFIT (3-6) 64,155 61,107 45,243 125,262 86,469 185,523 8. Provisions (other than tax) and 3,342 5,393 2,001 8,735 2,835 4,863 contingencies 9. Exceptional items - - - - - - 10. Profit from Ordinary Activities 60,813 55,714 43,242 116,527 83,634 180,660 before tax 11. Tax expense 15,699 14,563 11,491 30,262 21,394 46,905 12. Net Profit from Ordinary 45,114 41,151 31,751 86,265 62,240 133,755 Activities after tax 13. Extraordinary items (net of tax - - - - - - expense) 14. Net Profit for the period (12-13) 45,114 41,151 31,751 86,265 62,240 133,755 15. Paid-Up Equity Share Capital 15,835 15,835 15,835 15,835 15,835 15,835 (Face value 10/- per Eouity Share) 16. Reserves excluding Revaluation Reserve (as per Balance Sheet of 995,181 previous accounting year) 17. Analytical Ratios and Other Disclosures: Percentage of shares held by - - - - - - Government of India (ii) Capital Adequacy ratio (%) Under Basel III 32.39 32.33 30.96 32.39 30.96 33.73 (a) Common Equity Tier (CET) 1 ratio 31.36 31.30 29.40 31.36 29.40 32.27 (b) Additional Tier 1 ratio - - - - - - TAMILNAD MERCANTILE BANK LIMITED T x nte Merca niit Bank Ltd Be a step ahead In life REGD.OFFICE: 57 V E Road, Thoothukudi -628 002 (CIN:L65110TN1921PLC001908 ) www.tmb.bank.in UNAUDITED (Reviewed) FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 (Rs. in lakhs) Quarter ended Half Year ended Year ended Particulars 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited (iii) Earnings per Share (EPS) (in ₹ ) (a) Basic EPS (before and after 28.49 25.99 20.05 54.48 39.31 84.47 extraordinary items) * (b) Diluted EPS (before and after 28.49 25.99 20.05 54.48 39.31 84.47 extraordinary items) * (iv) NPA Ratios a) Gross NPA 37,167 39,808 47,445 37,167 47,445 38,821 b) Net NPA 8,359 9,800 12,152 8,359 12,152 9,741 c) % of Gross NPA 0.61 0.69 1.01 0.61 1.01 0.73 d) % of Net NPA 0.14 0.17 0.26 0.14 0.26 0.18 (v) Return on Assets (%) 2.18 2.14 1.85 2.16 1.84 1.93 (vi) Net Worth 1,076,936 1,056,202 944,370 1,076,936 944,370 1,011,016 (vii) Outstanding Redeemable Nil Nil Nil Nil Nil Nil Preference Shares (viii) Capital Redemption Reserve Nil Nil Nil Nil Nil Nil (ix) Debenture Redemption Reserve Nil Nil Nil Nil Nil Nil 1"1 Debt - Equity Ratio ** 0.05 0.05 Nil 0.05 Nil 0.02 (xi) Total Debts to Total Assets 0.03 0.02 Nil 0.03 Nil 0.01 (xii) Operating Margin 31.26% 32.15% 27.90% 31.69% 26.70% 27.70% (xiii) Net Profit Margin 21.98% 21.65% 19.58% 21.82% 19.22% 19.97% * Not Annualised ** Debt represents the borrowings with residual maturity of more than one year Place: Thoothukudi Salee S Nair Date: October 26, 2026 Managing Director & CEO DIN :09231101 nad TAMILNAD MERCANTILE BANK LIMITED Mercrcae ntlla Banh Ltd Bee step eheed in life REGD.OFFICE: 57 V E Road, Thoothukudi -628 002 (CIN:L65110TN1921PLC001908 ) www.tmb.bank.in SEGMENT REPORTING FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 (Rs. in lakhs) Quarter ended Half Year ended Year ended 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 Particulars Unaudited Unaudited Unaudited Unaudited Unaudited Audited Segment Revenue: Treasury 38,784 31,794 33,791 70,578 69,246 128,075 Corporate/Wholesale Banking 17,881 16,098 13,244 33,979 27,910 58,176 Retail Banking 148,575 142,187 115,111 290,762 226,737 483,398 Other Banking operations - - - - - - Unallocated - - - - - - Total Revenue 205,240 190,079 162,146 395,319 323,893 669,649 Less: Inter Segment Revenue Income from Operations 205,240 190,079 162,146 395,319 323,893 669,649 Segment Results (net of provisions): Treasury 2,620 6,424 6,103 9,044 16,976 30,022 Corporate/Wholesale Banking 6,234 5,013 3,878 11,247 7,306 16,182 Retail Banking 51,959 44,277 33,261 96,236 59,352 134,456 Other Banking operations - - - - - - Unallocated - - - - - - Profit before tax 60,813 55,714 43,242 116,527 83,634 180,660 Tax Expenses 15,699 14,563 11,491 30,262 21,394 46,905 Net Profit after Tax 45,114 41,151 31,751 86,265 62,240 133,755 Segment Assets: Treasury 2,004,078 1,744,513 1,707,896 2,004,078 1,707,896 1,711,984 Corporate/Wholesale Banking 887,759 837,436 662,530 887,759 662,530 762,010 Retail Banking 5,601,002 5,310,940 4,444,261 5,601,002 4,444,261 4,940,731 Other Banking operations - - - - - - Unallocated 102,303 85,716 89,500 102,303 89,500 115,235 Total 8,595,142 7,978,605 6,904,187 8,595,142 6,904,187 7,529,960 Segment Liabilities: Treasury 2,293,725 1,874,315 1,847,316 2,293,725 1,847,316 1,860,388 Corporate/Wholesale Banking 530,759 500,147 436,302 530,759 436,302 484,237 Retail Banking 4,541,722 4,417,671 3,544,416 4,541,722 3,544,416 4,023,636 Other Banking operations - - - - - - Unallocated 152,000 130,270 131,783 152,000 131,783 150,683 Total 7,518,206 6,922,403 5,959,817 7,518,206 5,959,817 6,518,944 FrfO0G207S Chennai 600 0.8 B T~mllnaa TAMILNAD MERCANTILE BANK LIMITED Mercantile k' Bank Ltd Bea step ahead fn life REGD.OFFICE: 57 V E Road, Thoothukudi -628 002 (CIN:L65110TN1921PLC001908 ) www.tmb.bank.in SEGMENT REPORTING FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 (Rs. in lakhs) Quarter ended Half Year ended Year ended 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 Particulars Unaudited Unaudited Unaudited Unaudited Unaudited Audited Ca [Showing first 8,000 characters — download PDF for full document]