Statement of deviation(s) or variation(s) under Reg. 32

The Listing Department, The Listing Department, BSE Limited, National Stock Exchange of India Limited, Phiroje Jeejeebhoy Towers, Exchange Plaza, 5th Floor, ‘G’ Block, 25th Floor, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai – 400001 Mumbai – 400051 BSE SCRIP Code: 500112 NSE SCRIP Code: SBIN CC/S&B/AND/2026-27/503 03.11.2026 Madam / Sir, Disclosure under Regulation 32 and 52(7)/(7A) of SEBI (LODR) Regulations, 2015 for the quarter ended 30.09.2026 We submit the statement of deviation / variation in use of issue proceeds, in terms of Regulation 32 and Regulation 52(7)/(7A) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the quarter ended 30.09.2026. Yours faithfully, Aruna N. Dak DGM (Compliance & Company Secretary) Encl: A/a rrrrftq€d+m' qr€lq*t+, STATE BANK OF INDIA STATEMENT OF DEVIATION / VARIATION IN UTILISATION OF FUNDS RAISED lAs per Requlation 32 (1) of SEBI (LODR) Reoulations. 20151 Name of listed entity State Bank of lndia Mode of Fund Raising (Public lssue/Rights lssue/ Preferential lssue/ QIP/ Others) Nil for Q2 2026-27 Date of Raising Funds Not Applicable Amount Raised Not Applicable Report filed for Quarter 30.09.2026 Monitoring Agency Not Applicable Monitoring Agency Name, if applicable Not Applicable ls there a Deviation / Variation in use of funds raised? Not Applicable lf yes, whether the same is pursuant to change in terms of a contract or objects, Not Applicable which was approved by the shareholders lf Yes, Date of shareholder Approval Not Applicable Explanation for the Deviation/ Variation Not Applicable Comments of the Audit Committee after review Not Applicable Comments of the auditors, if any Not Applicable Objects for which funds have been raised and where there has been a deviation, Not Applicable in the following table Amount Original Modified Original Modified Funds of Remarks if any Subject Object if Allocation allocation Utilised DeviationA/ari any ation for the quarter according to applicable object (lNR Rs. crore and in %) Not Applicable Deviation or Variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised; or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed; or (c) Change in terms of a contract referred to in the fund raising documents i.e. prospectus, letter of offer etc. 0 Nov 2021 Chief Financial Officer jono @ sbi.bank.in 6l FR ??7403s6 E frt.deptfAsbi.co.in Rq\f4.rqFr ffiqftnffrG Financial Reporting & *sBt T T IG FOA RS X S Sl 2 2 2 22 2 2 27 7 7 74 4 4 40 0 0 03 3 1 14 6 5 97 3 2 s E B E E t tg ca d fs x sst (. ..f d ffr rrst t( t (b (O aii s. ss c b bb o ii i.. . .ic c cno oo. ..i in i nn o 6 31- ft 1r- r3 1 tEfl t6 rc eR Ib I,o <f *if eut iT orT .rc< 6 o rtT-( {c- ff t ut te|r o+(g E ,r *fr etr tr oret T C 3ra o dx r pa Fot li oo r oan rt ,e D Se C tap e ta n er t rt Bm e ae nkn t Bhavan E ifc.frt(dsbi.co.in qrqlq 6IqIlts qKIqilCICFf Madame Cama Road B ifrs(Dsbi.co.in Tftcrdfc cniE Nariman Point ff looozr fr nooozr Mumbai 400021 qltrq€d qrtrq*tfi STATE BANK OF INDIA STATEMENT OF DEVIATION / VARIATION IN THE USE OF THE PROCEEDS OF ISSUE OF LISTED NON-CONVERTIBLE DEBT SECURITIES FOR THE QUARTER ENDED 30.09.2026 lAs per Requlation 52 (7)/(7A) of SEBI (LODR) Reoulations. 20151 Statement of utilization of issue Name ISIN Mode of fund Type of Date of Amount Fund Any lf 8 is Yes, Rem of the raising instrument raising fund raised utilized deviation then arks lssuer (Public issue / (? in (? in (Yes/No) specify private Crore) Crore) the placement) purpose of funds utilization State INE062A Private Basel lll 30.07.2026 4,69'1.00 4,691.00 No NA Nil Bank of 08504 Placement compliant lndia AdditionalTier Bonds Statement of deviation / variation in use of issue Name of listed entity State Bank of lndia Mode of Fund Raisinq Private Placement Type of lnstruments Non-convertible, Taxable, Perpetual, Subordinated, Unsecured, Fully Paid-up Basel lll compliant Additional Tier 1 Bonds in the nature of debentures Date of Raising Funds 30.07.2026 Amount Raised t 4,691 crore for Q2.2026-27 (Outstanding bonds as on 30 09.2026 is placed as Annexure 1) Report filed for Quarter ended 30.09.2026 ls there a DeviationA/ariation in use of funds raised? No Whether any approval is required to vary the objects of the Not Applicable issue stated in the prospectus/offer/document? lf yes, details of the approval so required? Not Applicable Date of approval Not Aoplicable Explanation for the DeviationA/ariation Not Applicable Comments of audit committee after review Not Applicable Comments of the auditors, if any Not Applicable Objects for which funds have been raised and where there has been a deviation, in the followinq table Original Subject Modified Original Modified Funds Amount of Re Object if Allocation allocation Utilised Deviation / mar any (t in Crore) (t in Crore) (t ln Variation for the ks if Crore) quarter according any to applicable object ({ crore and in %) Augmenting Additional Tier 1 Capital and Nit 4,691 Nit 4,691 Nit Nit overall capital of the Bank for strengthening its capital adequacy and for enhancing its long- term resources in accordance with RBI Guidelines. Deviation could mean: (a) Deviation in the objects or purpose for which the funds have been raised. (b) q9 Deviation in the amount of funds utilized as against what was originally disclosed 0 J NoV 2026 (Sunil{16mgopal Agrawal) Chief Financial Officer @ sbi.bank.in )on SBIo 6 I TF G A DSR X Sr 2 2 22 2 22 27 77 74 44 40 00 03 33 t54 6s 26 7 3 E B E f tg tr dat s. x std . ( .e f i fsr rp t tbft (a( i i.O ss c bbs o ib i . .. i cci n.c o oo . .i i. n nin f a sfi r fq +-qR tr cfq i +RtE -o <T tfe fl{r rfi .r I f dar -f 'tr d-q F €+R fl <i+ rqr ff efi {G Fr T CFi a on x ra pan otc io ria anl eDR e Cep p eo a nr r tt rti m eng e n& t tFRS 2274019s E cfs.frt(isbi.co.in 3{qtrdrr, €-efu r+r st{fus, €-eto q+t 3rd Floor, State Bank Bhavan I ifc.frt(isbi.co.in Irg omqr,t Madame Cama Road E ifrs(asbi.co.in {tT{qfdz TfrT{S'{z Nariman Point ff nooozr iffi looozr Mumbai 400021 q{€rq*,i-+. B .{I{trq*tfr STATE BANK OF INDIA Annexure List of Domestic Bond (Non-Convertible Debt Securities) raised by State Bank of lndia and Outstanding as on 30.09.2026 If8 is Type of Any Yes, then Funds o instrument- Date of Amount devia specify .l Sr. Mode of Fund utilized No. ISIN Raising conN veo rn t- ible r fa ui ns din sg (t R ina Cis re od re) C( rt (t Yio en s put rh pe ose t. E qE ) securities / No) of funds utilization 1 tNE062408231 Private Placement Tier 2 21-08-2020 8,931.00 8,931.00 No NA Nit 2 rNE062A08298 Private Placement ATl 18-10-2021 6,000.00 6,000.00 No NA Nil 3 tNE062A08306 Private Placement AT1 14-12-2021 3,974 00 3,974.00 No NA Nit 4 tNE062A08314 Private Placement AT1 09-09-2022 6,872.00 6,872.00 No NA Nit 5 rNE062408322 Private Placement Tier 2 23-09-2022 4,000.00 4,000.00 No NA Nit 6 tNE062A08330 Private Placement LTB 06-12-2022 10,000 00 10,000.00 No NA Nil 7 1NE062A08348 Private Placement LTB 19-01-2023 9,718.00 9,718.00 No NA Nit 8 tNE062A08355 Private Placement AT1 21-02-2023 4,544.00 4,544.00 No NA Nit rNE062408363 Private Placement AT1 09-03-2023 3,717.00 3,717.00 No NA Nit 10 1NE062A08371 Private Placement AT1 14-07-2023 3,101 .00 3,101 .00 No NA Nit 11 tNE062A08389 Private Placement LTB 01-08-2023 10,000 00 10,000.00 No NA Nit 12 rNE062A08397 Private Placement LTB 26-09-2023 10,000.00 10,000.00 No NA Nit 13 tNE062A08405 Private Placement fier 2 02-11-2023 10,000 00 10,000.00 No NA Nit 14 NE062A0841 3 Private Placement AT1 19-01-2024 5,000.00 5,000.00 No NA Nil 15 tNE062A08421 Private Placement LTB 27-06-2024 '10,000.00 10,000.00 No NA Nit 16 rNE062A08439 Private Placement LTB 11-07-2024 10,000 00 10,000.00 No NA Nit 17 rNE062408447 Private Placement Tier 2 29-08-2024 7,500.00 7,500.00 No NA Nit 18 tNE062A08454 Private Placement Tier 2 20-09-2024 7,500.00 7,500.00 No NA Nil 19 tNE062408462 Private Placement AT1 24-10-2024 5,000.00 5,000. 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