Grant of Stock Options

AXIS/CO/CS/510/2026-27 October 31, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, P. J. Towers, Plot No. C/1, “G” Block Dalal Street Bandra-Kurla Complex Fort, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 NSE Symbol: AXISBANK BSE Scrip Code: 532215 Dear Sir/Madam, REF.: DISCLOSURE UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 SUB.: GRANT OF STOCK OPTIONS/UNITS This is to inform you that the Nomination and Remuneration Committee (“NRC”) at its meeting held today i.e., October 31, 2026, has granted 1,05,460 stock options at an exercise price of Rs. 1,217.00/- per option under the Axis Bank Employees Stock Option Scheme 2000-01 to the eligible employee(s) of the Bank. Disclosures as required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure A. The meeting commenced at 8:30 am (IST) and concluded at 9:00 am (IST). This is for your information and records. Thanking you. With warm regards, For Axis Bank Limited Sandeep Poddar Company Secretary London Stock Exchange Singapore Stock Exchange Annexure A Grant under Axis Bank Employees Stock Sr. No. Particulars Option Scheme 2000-01 (a) Brief details of options/units granted 1,05,460 options. (b) Whether the scheme is in terms of Yes SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (c) Total number of shares covered by 1,05,460 equity shares of Rs. 2/- each of the these options/units Bank. (d) Pricing Formula Granted at the latest available closing price prevailing on NSE being the Stock Exchange which recorded the highest trading volume in the equity shares of the Bank on October 30, 2026, i.e., being the previous trading day immediately preceding the date on which the grant of options was approved by the NRC. (e) Option Vested The said options shall vest, as under: - At the end of 1 year from the date of grant - 30% of granted options. - At the end of 2 years from the date of grant - 30% of granted options. - At the end of 3 years from the date of grant - 40% of granted options (f) Time within which option/units may The said options can be exercised by the be exercised grantees, within a period of 5 years from the date of respective vesting.