Investor Presentation on the financial results 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/80/2026-27 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: Investor Presentation. Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find herewith the enclosed copy of Investor Presentation with regard to the Financial Results of the Bank for the quarter and half-year ended on 30th September, 2026. A copy of the Investor Presentation will also be made available 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 Financial Results For Quarter / Half-Year Ended, 30th September 2026 www.bankofmaharashtra.bank.in /mahabank Contents Page 1. Macro Economic Highlights 3 2. Major Highlights 4 3. Business Performance 5 - 7 4. Financial Performance 8 – 19 5 Asset Quality 20 - 25 6. Capital 26 - 27 7. Digital Banking 28 - 30 8. Financial Inclusion 31 9. Expanding Footprints 32 10. Other Information 33 - 35 www.bankofmaharashtra.bank.in /mahabank Macro-Economic Highlights GROWTH DRIVERS KEY CHALLENGES GDP Growth Monetary Policy GST Collections External Sector Risks 1 2 3 01 Geopolitical tensions, crude oil price volatility and Real GDP growth is projected RBI raised the repo rate by 25 GST collections stood at at 7.1% for FY 2026-27, bpsto5.50%,whileshiftingits ₹12.46 lakh crore during H1- rupee depreciation may increase import costs and widen external-sector pressures. indicating sustained economic stance from ‘Neutral’ to FY27, registering 11.6% y-o-y momentum. ‘CalibratedTightening’. growth. Global & Domestic Uncertainty Slower global demand, export-market uncertainty and uneven monsoon conditions could weigh on exports, Inflation Strong Forex Reserves Export Surge agricultural output and overall growth. 4 5 6 CPI inflation is projected at Forex reserves stood at US$ Exports increased by 13.84% 5.2% for FY 2026-27, 726.03 billion as of 9th year-on-year to US$ 476.20 Inflationary Pressures remaining within the RBI’s October2026. billionduringH1-FY27. 03 Rising food and fuel prices could push inflation higher, toleranceband. impacting household purchasing power and consumption. INDIA — FY 2026-27 GDP GROWTH FORECAST REVISIONS World Bank Earlier estimate Revised estimate OECD Major institutions have raised their growth outlook following stronger than expected economic momentum. 3 Data Source: RBI, PIB, IMF, Bloomberg, World Bank, ADB, OECD www.bankofmaharashtra.bank.in /mahabank Major Business Financial Asset Quality Capital Highlights Performance Performance Q2 FY 26-27 vs Q2 FY 25-26 PROFITABILITY Net Profit Operating Profit Net Interest Income Return on Assets +41.42% +30.86% +21.76% 2.02 (1.82) BUSINESS & ASSET QUALITY Total Business Total Deposits CASA Deposits Term Deposits +25.16% +21.50% +11.92% +31.22% Gross Advances Retail Advances Agri Advances MSME Advances +29.61% +20.91% +33.56% +24.69% RAM Advances Gross NPA % Net NPA % PCR % +24.69% 1.25 (1.72) 0.12 (0.18) 98.53 (98.34) www.bankofmaharashtra.bank.in /mahabank Major Business Financial Asset Quality Capital Highlights Performance Performance Total Business 25.16 % (Y-o-Y) ( ₹ in Crore ) (%) 8,00,000 100 7,05,766 7,00,000 6,42,531 6,50,457 5,95,163 94 6,00,000 5,63,909 5,00,000 4,00,000 3,00,000 2,00,000 1,00,000 0 70 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Global Deposit 3,09,791 3,21,661 3,50,564 3,44,493 3,76,407 Domestic Advances 2,53,230 2,69,986 2,85,825 2,97,858 3,11,264 Overseas Advances 888 3,517 6,142 8,106 18,095 Global Advances 2,54,118 2,73,502 2,91,967 3,05,964 3,29,359 Total Business 5,63,909 5,95,163 6,42,531 6,50,457 7,05,766 Global C/D Ratio (%) 82.03 85.03 83.28 88.82 87.50 www.bankofmaharashtra.bank.in /mahabank Major Business Financial Asset Quality Capital Highlights Performance Performance Total Deposit Global Advances 21.50 % (Y-o-Y) 29.61 % (Y-o-Y) ( ₹ in Crore ) (%) ( ₹ in Crore ) (%) 4,00,000 3,76,407 100 3,50,000 3,29,359 100 3,05,964 3,50,564 3,44,493 2,91,967 90 3,50,000 3,21,661 3,00,000 2,73,502 3,09,791 2,54,118 80 3,00,000 2,50,000 70 2,00,000 2,50,000 60 50 1,50,000 2,00,000 50 40 40 1,00,000 30 1,50,000 30 50,000 1,00,000 10 50,000 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Retail Sector 78,226 83,418 85,857 89,661 94,582 0 0 Agriculture Sector 33,249 36,770 40,212 42,290 44,408 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 MSME Sector 46,553 51,197 53,547 55,386 58,049 Term Deposits 1,53,812 1,62,298 1,66,477 1,77,618 2,01,831 Corporate & Others 95,201 98,601 1,06,209 1,10,521 1,14,225 Current Deposits 39,612 42,313 57,801 38,403 48,584 Overseas Advances 888 3,517 6,142 8,106 18,095 Savings Deposit 1,16,367 1,17,050 1,26,287 1,28,472 1,25,992 Domestic Advances 2,53,230 2,69,986 2,85,825 2,97,858 3,11,264 Total Deposits 3,09,791 3,21,661 3,50,564 3,44,493 3,76,407 Global Advances 2,54,118 2,73,502 2,91,967 3,05,964 3,29,359 CASA 1,55,979 1,59,363 1,84,087 1,66,875 1,74,576 RAM % to Domestic CASA % 50.35 49.54 52.51 48.51 46.47 62.41 63.48 62.84 62.89 63.30 Advances www.bankofmaharashtra.bank.in /mahabank Major Business Financial Asset Quality Capital Highlights Performance Performance Investments ( ₹ in Crore ) 3.11 % (Y-o-Y) M Duration (Total) 1,20,000 4.27 4.25 1,03,961 1,02,207 1,01,149 1,00,121 4.16 4.16 97,104 1,00,000 3.93 80,000 60,000 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 40,000 M Duration (AFS+HFT) 20,000 3.89 3.84 3.81 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 3.78 HTM 57,788 56,156 57,370 58,156 57,489 3.73 AFS 35,139 43,637 41,606 40,294 37,519 FVTPL / HFT 3,416 3,406 2,469 1,937 4,351 JV & Subsidiaries 762 762 762 762 762 Gross Investment 97,104 1,03,961 1,02,207 1,01,149 1,00,121 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 www.bankofmaharashtra.bank.in /mahabank Major Business Financial Asset Quality Capital Highlights Performance Performance Profitability (Quarterly) (Quarterly) ( ₹ in Crore ) ( ₹ in Crore ) NII: 21.76 % (Y-o-Y) Operating Profit: 30.86 % (Y-o-Y) Net Profit: 41.42 % (Y-o-Y) 3,954 3,702 3,770 3,117 3,369 3,116 3,292 3,248 3,422 2,736 2,946 2,807 2,943 2,520 2,570 2,574 2,202 2,303 2,310 2,014 2,020 1,779 1,327 1,406 1,493 1,593 1,633 3.98 3.98 4.01 3.95 3.85 3.87 3.95 3.85 3.97 3.86* Sept`24 Dec`24 Mar`25 Jun`25 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Sept`24 Dec`24 Mar`25 Jun`25 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Operating Profit Net Profit NET Interest Income NIM % (Domestic) *NIM % (Global) (Half-Yearly) (Half-Yearly) ( ₹ in Crore ) Operating Profit: 26.08 % (Y-o-Y) Net Profit: 34.22 % (Y-o-Y) ( ₹ in Crore ) NII: 18.12 % (Y-o-Y) 6,486 7,724 6,539 5,144 5,606 4,496 4,330 4,772 3,784 3,226 3,573 2,664 2,620 1,802 3.88 3.98 3.90 3.93 3.41 3.85* Sept`22 Sept`23 Sept`24 Sept`25 Sept`26 Sept`22 Sept`23 Sept`24 Sept`25 Sept`26 Operating Profit Net Profit NET Interest Income NIM % (Domestic) *NIM % (Global) www.bankofmaharashtra.bank.in /mahabank Major Business Financial Asset Quality Capital Highlights Performance Performance Statement of Income and Expenditure ( ₹ in Crore ) Quarter Ended Half - Year Ended Year Ended Particulars Sept`25 Jun`26 Sept`26 Y-o-Y (%) Sept`25 Sept`26 Y-o-Y (%) Mar`26 Total Income 7 ,974 9 ,063 9 ,736 22 1 5,852 1 8,799 19 3 2,823 Interest Income 7 ,128 8 ,035 8 ,607 21 1 4,182 1 6,641 17 2 9,282 Non-Interest Income 8 45 1 ,029 1 ,129 34 1 ,670 2 ,158 29 3 ,541 Total Expenses 5 ,399 5 ,946 6 ,367 18 1 0,708 1 2,313 15 2 1,997 Interest Expenses 3 ,881 4 ,265 4 ,652 20 7 ,643 8 ,917 17 1 5,618 Operating Expenses 1 ,519 1 ,681 1 ,715 [Showing first 8,000 characters — download PDF for full document]