Analysts/Institutional Investor Meet/Con. Call Updates

trITY UNItrN BeNr LIvIITED CIN : 16511OTN1904P1c001287 trUB Regd. Office : 149, T.S.R. (Big) Street, Kumbakonam - 612 001. Thanjavur District. Tamil Nadu. Telephone No : 0435 - 2492322 nuSrAN0 ExcEttEltcE 6tilcE teot E-mail : shares@cityunionbank.com Website : www.cityunionbank.bank.in C. O/Sh a res/ LR- 5 I 2026-27 November 02,2026 National Stock Exchange of India Ltd., BSE Ltd., Exchange Plaza, 5th Floor, DCS - CRD, Plot No.C/l, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, 25th Floor, Dalal Street, Bandra (E), Mumbai 400 001 Mumbai4O0 051 Scrip Code: CUB Scrip Code: 532210 Sir / Madam, Sub: Transcript of the Earnings Conference Call - Q2 & Hl FY 2027 Pursuant to Regulation 46 of SEBI Listing Regulations, 20t5 as amended, the Bank has hosted in its website the transcript of Earnings Conference Call, with regard to the Standalone Un- Audited Financial Results of the Bank for the Quarter and Half Year ended September 30,2026, as approved by the Board of Directors of the Bank, on October 28, 2026. The weblink is given below: https ://citvun ion ban k. bank. in/fi lemanaqer/Oct26/Ambit C U B 28 1 02026. pdf Kindly take the same on record. Thanking you Yours faithfully for CITY UNION BANK UMITED Venkataramanan S Company Secretary & Compliance Officer 'NARAYANA" Administrative Office, No.24-8, Gandhi Nagar, Kumbakonam - 612 001 Phone:0435 -2402322 “City Union Bank Limited 2QFY27 Earnings Conference Call” October 28, 2026 MANAGEMENT: MR. R. VIJAY ANANDH – MANAGING DIRECTOR – CHIEF EXECUTIVE OFFICER – CITY UNION BANK LIMITED MR. V. RAMESH – EXECUTIVE DIRECTOR – CITY UNION BANK LIMITED MR. J. SADAGOPAN – CHIEF FINANCIAL OFFICER – CITY UNION BANK LIMITED MODERATOR: MR. JIGNESH SHIAL – AMBIT CAPITAL Page 1 of 24 City Union Bank Limited October 28, 2026 Moderator: Good evening, and welcome to the City Union Bank Limited 2QFY27 Earnings Conference Call hosted by Ambit Capital Private Limited. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this call is being recorded. I now hand the conference over to Mr. Jignesh Shial from Ambit Capital. Thank you, and over to you. Jignesh Shial: Yes. Thank you, Yashashri, and good evening, everyone. On behalf of Ambit Capital, I welcome you all to 2QFY27 Earnings Call of City Union Bank. We have along with us Mr. R. Vijay Anandh, MD and CEO; Mr. V. Ramesh, Executive Director; and Mr. J. Sadagopan, CFO. We are thankful to the management for providing us with the opportunity. I would now hand over the call to Mr. R. Vijay Anandh, MD and CEO of Union Bank for his opening remarks. Over to you, sir. R. Vijay Anandh: Thanks, Jignesh. Good evening, everyone. Hearty welcome to all of you for this con call to discuss the unaudited financial results of City Union Bank for 2Q-1HFY27. The Board approved the results today, and I hope you all have received the copies of the results and the presentation. Our bank has crossed the milestone of INR 150,000 crores in total business during the current quarter. We had crossed the INR 120,000 crores in 2QFY26, coinciding with the celebration of our Bank's 120th year in last year, and we had reached this figure in the span of four quarters. During last con call, we had shared with you our expectations for the current financial year as below. We are very conscious with improving our credit growth through secured lending while venturing into other avenues to achieve the credit growth of 2%, 3% above the industry. Page 2 of 24 City Union Bank Limited October 28, 2026 Our deposit growth is aligning with the credit growth, which is helping us to maintain the desired CD ratios, expecting the NIM to hover around 3.7% to 3.75%. ROA is expected to remain at our current level of 1.55% plus. Our PAT growth will continue with business growth and better asset quality. For the current quarter, half yearly year ended, our performance is in tune with our expectations. And probably in some parameters, we have exceeded our expectations as well. We had registered 26% advance growth in 2QFY27 year-on-year, and our advance have increased to INR 72,442 crores from INR 57,561 crores in 2QFY26. The positive momentum in growth achieved during the start of FY24, '25 had geared up and we had achieved double-digit growth in all the four quarters of FY25 and also up to 1HFY26. In this Q2 alone, our advances have grown by over INR 4,800 crores which is over 7% in a single quarter. We have achieved 25% credit growth for the last three quarters consecutively. Our core strength, MSME, has increased by INR 2,600 crores, that is, from INR 40,262 crores to INR 42,862 crores. And the new segment, secured retail loans, increased by INR 1,134 crores, that is, from INR 6,668 crores to INR 7,802 crores. The gold loan has also increased by INR 1,062 crores during the quarter, from INR 20,715 crores to INR 21,777 crores. We have been coming across various news reports regarding the gold loans and various practices adopted. Hence, we would like to spend 2, 3 minutes on this to cover elaborately on such practices adopted by our bank, particularly on delinquency and LTV norms. Jewel loans are secured lending products, which is serving both agri and non-agri financing needs. Agri loan, which is income generation classification requires appropriate evidence of eligible underlying activity, while non-agricultural lending is completely a consumption purpose, which requires suitable purpose of end use. Bank prioritizes to maintain clear agri and non-agri based on Page 3 of 24 City Union Bank Limited October 28, 2026 the purpose of the loan, documents evidencing the proof, proper credit assessments and the end-use control. This is aligned with RBI's revised lending against gold and silver collateral directions effective 1st April 2026. In terms of LTV, under the RBI's harmonized directions applicable to banks from April 1, 2026. The earlier uniform 75% LTV cap has been replaced with a structure based on the loan amount and consumption loans. That is loan amount up to INR 2.5 lakhs, we can go up to 85% LTV, INR 2.5 lakhs to INR 5 lakhs, 80% LTV, above INR 5 lakhs is 75% LTV. Please note, these are only maximum regulatory limits for consumption loans under the harmonized directions and not recommended lending targets. Generally, consumption loans are considered with the LTV range of 60% to 65% at the time of on-boarding, though the permitted LTV is on the higher side and the daily LTV will be calculated on the last 30 days average gold rate of India Bullion and Jewellers Association. While calculating the LTV on a day-to-day basis, the entire interest payable over the loan tenure up to the maturity to be considered upfront, along with the outstanding value of the account. So prior to the new regulatory guidelines, which is applicable from 1st April, the consumption loan will be classified as an NPA if the account reaches the threshold limit of 75%. However, as per the current regulation, when the LTV has breached the regulatory requirement, the bank has introduced the SMA flagging of accounts and the event of the breach of the prescribed LTV, the account will be classified as an NPA on 91st day. Generally, we keep 5% cushion for the margin call. That is 70% for the customers exposure above INR 5 lakhs for the maturity balance -- above 5 lakhs, 75% for the maturity balance from INR 2.5 lakhs to INR 5 lakhs and 80% for INR 2.5 lakhs. As discussed, whenever the LTV has crossed, the entire list of accounts will be coming under the exceptional item of the client balance of the branches concerned for necessary follow-up. The customer is contacted Page 4 of 24 City Union Bank Limited October 28, 2026 for margin calls, notices are sent for interest payment and for loan closures. If [Showing first 8,000 characters — download PDF for full document]