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.53/2026-27 27.07.2026 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 July 27, 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 Ended June 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., July 27, 2026. The Board Meeting commenced at 12 noon and concluded at 01:30 P.M. Kindly take the information on record. Yours faithfully, For Tamilnad Mercantile Bank Limited Swapnil Yelgaonkar Company Secretary & Compliance Officer 1/'iV B TAMILNAD MERCANTILE BANK LIMITED Tamitnatl Mercantile Bank Ltd Be a step ahead In life REGD.OFFICE: 57 V E Road, Thoothukudi -628 002 (CIN:L65110TN1921PLC001908 ) www.tmb.b ank.i n UNAUDITED (Reviewed) FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026 (₹ in Lakhs) Quarter ended Year ended Particulars 30.06.2026 31.03.2026 30.06.2025 31.03.2026 Reviewed Audited # Reviewed Audited 1. Interest earned (a)+(b)+(c)+(d) 166,243 155,038 138,624 581,942 (a) Interest/discount on advances/bills 137,159 128,415 110,705 471,471 (b) Income on investments 27,780 25,453 26,154 104,917 (c) Interest on balances with Reserve 1,288 1,152 1,738 5,463 Bank of India and other inter bank funds (d) Others 16 18 27 91 2. Other income 23,836 24,176 23,123 87,707 3. TOTAL INCOME (1+2) 190,079 179,214 161,747 669,649 4. Interest expended 89,735 84,593 80,669 329,215 5. Operating expenses (i)+(ii) 39,237 42,390 39,852 154,911 (i) Employees cost 20,924 22,068 22,283 79,449 (ii) Other operating expenses 18,313 20,322 17,569 75,462 6. TOTAL EXPENDITURE (4+5) 128,972 126,983 120,521 484,126 (excluding provisions and contingencies) 7. OPERATING PROFIT (3-6) 61,107 52,231 41,226 185,523 (Profit before provisions and contingencies) 8. Provisions (other than tax) and 5,393 1,879 834 4,863 contingencies 9. Exceptional items - - - - 10. Profit from Ordinary Activities 55,714 50,352 40,392 180,660 before tax (7-8-9) 11. Tax expense 14,563 12,987 9,903 46,905 12. Net Profit from Ordinary 41,151 37,365 30,489 133,755 Activities after tax (10-11) 13. Extraordinary items (net of tax - - - - expense) 14. Net Profit for the period (12-13) 41,151 37,365 30,489 133,755 15. Paid up Equity Share Capital 15,835 15,835 15,835 15,835 (Face value 10/- per Equity Share) 16. Reserves excluding Revaluation 995,181 Reserve 17. Analytical Ratios and Other Disclosures: [/( ^L TAMILNAD MERCANTILE BANK LIMITED 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 ENDED JUNE 30, 2026 (₹ in Lakhs) Quarter ended Year ended Particulars 30.06.2026 31.03.2026 30.06.2025 31.03.2026 Reviewed Audited # Reviewed Audited Percentage of shares held by - - - - Government of India (ii) Capital Adequacy ratio (%) Under Basel III 32.33 33.73 31.55 33.73 (a) Common Equity Tier (CET) 1 ratio 31.30 32.27 29.99 32.27 (b) Additional Tier 1 ratio - - (iii) Earnings per Share EPS) (in ₹ ) (a) Basic EPS (before and after 25.99 23.60 19.25 84.47 extraordinary items) * (b) Diluted EPS (before and after 25.99 23.60 19.25 84.47 extraordinary items) * (iv) NPA Ratios a) Gross NPA 39,808 38,821 54,912 38,821 b) Net NPA 9,800 9,741 14,737 9,741 c) % of Gross NPA 0.69 0.73 1.22 0.73 d) % of Net NPA 0.17 0.18 0.33 0.18 (v) Return on Assets (%) 2.14 2.05 1.82 1.93 (vi) Net Worth 1,056,202 1,011,016 932,827 1,011,016 (vii) Outstanding Redeemable Preference Nil Nil Nil Nil Shares (viii) Capital Redemption Reserve Nil Nil Nil Nil (ix) Debenture Redemption Reserve Nil Nil Nil Nil (x) Debt - Equity Ratio ** 0.05 0.02 Nil 0.02 (xi) Total Debts to Total Assets 0.02 0.01 Nil 0.01 (xii) Operating Margin 32.15% 29.14% 25.49% 27.70% (xiii) Net Profit Margin 21.65% 20.85% 18.85% 19.97% # Refer note no.18 * not annualised ** Debt represents the borrowings with residual maturity of more than one year. Place: Thoothukudi Salee S Nair Date: July 27, 2026 Managing Director & CEO DEN : 09231 101 TAB TAMILNAD MERCANTILE BANK LIMITED Tamilnad Mercantile 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 ENDED JUNE 30, 2026 Statement of Assets and Liabilities is given below: (Rs in lakhs) As At As At As at Particulars 30.06.2026 30.06.2025 31.03.2026 Reviewed Reviewed Audited CAPITAL AND LIABILITIES Capital 15,835 15,835 15,835 Reserves and Surplus 1,040,367 916,992 995,181 Deposits 6,440,869 5,380,320 6,171,235 Borrowings 154,021 53,538 70,000 Other Liabilities and Provisions 327,513 381,107 277,709 Total 7,978,605 6,747,792 7,529,960 ASSETS Cash and Balances with Reserve 270,405 281,948 252,061 Bank of India Balance with Banks and Money at 136,874 127,152 169,433 Call and Short Notice Investments 1,620,227 1,531,268 1,569,268 Advances 5,704,050 4,473,257 5,312,266 Fixed Assets 31,209 27,473 31,056 Other Assets 215,840 306,694 195,876 Total 7,978,605 6,747,792 7,529,960 Place: Thoothukudi Salee S Nair Date: July 27 , 2026 Managing Director & CEO DIN : 09231101 T/ B TAMILNAD MERCANTILE BANK LIMITED M araaniite Bank Ltd Be a step ahead in life REGD.OFFICE: 57 V E Road, Thoothukudi -628 002 (CIN:L65110TN1921PLC001908 ) www.tmb.bank.in SEGMENT REPORTING FOR THE QUARTER ENDED JUNE 30, 2026 (fin Lakhs) Quarter ended Year ended Particulars 30.06.2026 31.03.2026 30.06.2025 31.03.2026 Reviewed Audited # Reviewed Audited Segment Revenue: Treasury 31,794 28,435 35,455 128,075 Corporate/Wholesale Banking 16,098 15,799 14,666 58,176 Retail Banking 142,187 134,980 111,626 483,398 Other Banking operations - - - - Unallocated - - - - Total Revenue 190,079 179,214 161,747 669,649 Less: Inter Segment Revenue - - - - Income from Operations 190079 179,214 161,747 669,649 Segment Results (net of provisions): Treasury 6,424 5,222 10,873 30,022 Corporate/Wholesale Banking 5,013 4,741 3,428 16,182 Retail Banking 44,277 40,389 26,091 134,456 Other Banking operations - - - - Unallocated - - - - Profit before tax 55,714 50,352 40,392 180,660 Tax Expenses 14,563 12,987 9,903 46,905 Net Profit after Tax 41,151 37,365 30,489 133,755 Segment Assets: Treasury 1,744,513 1,711,984 1,639,606 1,711,984 Corporate/Wholesale Banking 837,436 762,010 674,823 762,010 Retail Banking 5,310,940 4,940,731 4,244,425 4,940,731 Other Banking operations - - - - Unallocated 85,716 115,235 188,938 115,235 Total 7,978,605 7,529,960 6,747,792 7,529,960 Segment Liabilities: Treasury 1,874,315 1,860,388 1,614,932 1,860,388 Corporate/Wholesale Banking 500,147 484,237 461,359 484,237 Retail Banking 4,417,671 4,023,636 3,511,405 4,023,636 Other Banking operations - - - - Unallocated 130,270 150,683 227,269 150,683 Total 6,922,403 6,518,944 5,814,965 6,518,944 Tamitnad TAMILNAD MERCANTILE BANK LIMITED Mercantile Bank Ltd Be a step ahead in life REGD.OFFICE: 57 V E Road, Thoothukudi -628 002 (CIN:L65110TN1921PLC001908 ) www.tmb.bank.in SEGMENT REPORTING FOR THE QUARTER ENDED JUNE 30, 2026 (₹ in Lakhs) Quarter ended Year ended Particulars 30.06.2026 31.03.2026 30.06.2025 31.03.2026 Reviewed Audited # Reviewed Audited Capital Employed: (Segment Assets - Segment Liabilities) Treasury (129 [Showing first 8,000 characters — download PDF for full document]