Press release on the financial results of the Bank for the quarter and half year ended 30.09.2026

Investor Services Department Corporate Office: Montclaire, 134/1, Baner- Pashan Link Road, Pashan, Pune 411021 E-mail: investor_services@bankofmaharashtra.bank.in Phone nos - 020-71658139 www.bankofmaharashtra.bank.in AX1/ISD/STEX/81/2026-27 Date: 26th Oct., 2026 The Vice President The Vice President BSE Ltd., National Stock Exchange of India Ltd., P.J Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Mumbai-400 001 Bandra (East), Mumbai-400 051 BSE Scrip Code: 532525 NSE Scrip Code: MAHABANK Dear Sir/ Madam, Sub: Press Release on Performance of the Bank for the Quarter and Half- year ended 30th September, 2026. Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find herewith the enclosed copy of Press Release with regard to the Financial Results of the Bank for the Quarter and Half-year ended 30th September, 2026. A copy of the Press release is also uploaded on the Bank's website i.e. www.bankofmaharashtra.bank.in Kindly take the same on your records. Thanking you Yours faithfully, For Bank of Maharashtra (Vishal Sethia) Company Secretary & Compliance Officer Encl : As above Restricted PRESS RELEASE Date: 26th October 2026 FINANCIAL RESULTS FOR THE QUARTER/HALF-YEAR ENDED 30TH SEPTEMBER 2026 RESULTS AT A GLANCE Quarter ended 30th September 2026 vis a vis Quarter ended 30th September 2025  Total Global Business grew by 25.16% to ₹ 7,05,766 crore  Total Global Deposits increased by 21.50% to ₹ 3,76,407 crore  Gross Global Advances increased by 29.61% to ₹ 3,29,359 crore  Overseas Deposit stood at Rs.721 crore  Domestic Credit - Deposit (CD) Ratio stood at 82.85%  Gross NPA declined to 1.25%  Net NPA reduced to 0.12%  Provision Coverage Ratio improved to 98.53%  Operating profit grew by 30.86% to ₹ 3,369 crore  Net Profit increased by 41.42% to ₹ 2,310 crore  Net Interest Income increased by 21.76% to ₹ 3,954 crore  Domestic Net Interest Margin (NIM) improved to 3.97%  Global NIM stood at 3.86%  Return on Assets (ROA) improved to 2.02%  Return on Equity (ROE) improved to 26.98%  CRAR improved to at 18.51% of which Tier I is 16.37% Page 1 of 4 Profitability (Quarter Ended 30th September 2026):  Net Profit increased by 41.42% to ₹ 2,310 crore in Q2 FY27 on Y-o-Y basis as against ₹ 1,633 crore for Q2 FY26. The same is increased by 14.33% on a Q-o-Q sequential basis.  Operating Profit has shown a growth of 30.86% on Y-o-Y basis to ₹3,369 crore for Q2 FY27 as against ₹ 2,574 crore for Q2 FY26.The same has improved by 8.07% on a Q-o-Q basis.  Net Interest Income (NII) grew by 21.76% on Y-o-Y basis to ₹3,954 crore in Q2 FY27 as against ₹ 3,248 crore for Q2 FY26. The same is increased by 4.89% on a Q-o-Q sequential basis.  Cost to Income Ratio improved to 33.73% for Q2 FY 27 as against 37.10% for Q2 FY26. The same was 35.04 % for the quarter ended 30.06.2026.  Return on Assets (ROA) improved to 2.02 % for Q2 FY27 against 1.82% for Q2 FY26. Profitability (Half Year Ended September 30th, 2026)  Net Profit has shown growth of 34.22% to ₹ 4,330 crore on Y-o-Y basis for half year ended 30.09.2026 against ₹ 3,226 crore for the half year ended 30.09.2025.  Operating Profit has shown a growth of 26.08% to ₹ 6,486 crore on Y-o-Y basis for half year ended 30.09.2026 against ₹ 5,144 crore for the half year ended 30.09.2025.  Net Interest Income (NII) grew by 18.12% on Y-o-Y basis to ₹ 7,724 crore for the half year ended 30.09.2026 as against ₹ 6,539 crore for the half year ended 30.09.2025.  Fee based income increased by 3.54% on Y-o-Y basis to ₹ 866 crore for the half year ended 30.09.2026 as against Rs. 836 crore for the half year ended 30.09.2025.  Cost to Income Ratio improved to 34.37% for the half year ended 30.09.2026 as against 37.34% for the half year ended 30.09.2025.  Return on Assets (ROA) improved to 1.96% for the half year ended 30.09.2026 as against 1.81% for the half year ended 30.09.2025.  Return on Equity (ROE) improved to 25.29% for the half year ended 30.09.2026 against 22.30% for the half year ended 30.09.2025. Assets & Liabilities (As on September 30th, 2026):  Total Global Business grew by 25.16% to ₹ 7,05,766 crore.  Total Global Deposits increased by 21.50% to ₹3,76,407 crore.  Gross Global Advances increased by 29.61% to ₹ 3,29,359 crore.  Net Advances grew by 30.16% on Y-o-Y basis to ₹ 3,25,641 crore. Page 2 of 4  RAM (Retail, Agri. & MSME) Business grew by 24.69% on Y-o-Y basis. Retail advances grew by 20.91% to ₹ 94,582 crore on Y-o-Y basis. MSME advances grew by 24.69% on Y-o-Y basis to ₹ 58,049 crore. Capital Adequacy: (As on 30th September 2026):  Total Basel III Capital adequacy ratio improved to 18.51% with Common Equity Tier 1 ratio of 15.61%. Asset quality: (As on 30th September 2026):  Gross NPA improved to 1.25% as on 30.09.2026 against 1.72% as on 30.9.2025. The same was 1.45% as on 30.06.2026.  Net NPA improved to 0.12% as on 30.09.2026 against 0.18% as on 30.09.2025. The same was 0.13% as on 30.06.2026.  Provision Coverage ratio improved to 98.53% as on 30.09.2026 as against 98.34% as on 30.09.2025. The same was 98.55% as on 30.06.2026. Top Line Business (₹ in crore) As on Growth (%) Particulars Sept. 25 Sept. 26 Y-o-Y Total Business 5,63,909 7,05,766 25.16 Deposits 3,09,791 3,75,687 21.27 of which CASA 1,55,979 1,74,576 11.92 CASA Share (%) -Domestic 50.35 46.47 Gross Advances 2,54,118 3,29,359 29.61 Profitability (₹ in crore) Quarter Ended Change (%) Particulars Sept. 25 June 26 Sept. 26 Y-o-Y Q-o-Q Total Income 7,974 9,063 9,735 22.10 7.42 Total Expenses 5,399 5,946 6,367 17.92 7.07 Operating Profit 2,574 3,117 3,369 30.86 8.07 Provisions & Contingencies 941 1097 1059 12.54 (0.03) Net Profit 1,633 2,020 2,310 41.42 14.33 Page 3 of 4 Balance Sheet (₹ in crore) As on LIABILITIES Sept. 25 Sept. 26 Capital 7,692 7,692 Reserves and Surplus 23,915 29,712 Deposits 3,09,791 3,76,407 Borrowings 24,924 47,890 Other Liabilities & Provisions 7,407 6,826 TOTAL 3,73,729 4,68,526 ASSETS Cash and Balances with Reserve Bank of India 17,276 32,185 Balances with Banks and Money at Call & Short Notice 662 2,322 Investments 96,422 99,483 Advances (Net) 2,50,188 3,25,641 Fixed Assets 2,904 2,960 Other Assets 6,276 5,935 TOTAL 3,73,729 4,68,526 A presentation for investor is being separately placed on the Banks website www.bankofmaharashtra.bank.in Corporate office: 134/1, Montclaire, Baner Pashan link Road, Pashan, Pune -21, TELE:020-71658358 Email:cmmedia@bankofmaharashtra.bank.in Page 4 of 4