Intimation attached.

November 3, 2026 BSE Limited National Stock Exchange of India Limited Mumbai 400 001 Mumbai 400 051 BSE Scrip Code: 500247, 974396, 974682, NSE Symbol: KOTAKBANK, KMB29, KMB30 974924, 975387 India International Exchange (IFSC) Limited NSE IFSC Limited Gandhinagar – 382050 Gandhinagar – 382050 India INX Scrip Code: 500082 NSE IX Symbol: KMBL 5.478 Dear Sirs, Sub.: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Update on acquisition of Deutsche Bank AG’s Retail Banking, Private Banking and Wealth Management Business in India We refer to our earlier letter dated June 30, 2026 intimating, inter alia, about execution by the Bank of a business transfer agreement with Deutsche Bank Aktiengesellschaft (acting through its branch in India) (“DBAG”) (“BTA”) for the acquisition of DBAG’s retail banking, private banking and wealth management business in India (“Business Undertaking”) as a going concern on a slump sale basis, subject to requisite approvals and the fulfilment of conditions specified in the BTA. We now wish to update you that the Competition Commission of India (CCI) has, vide its letter dated November 3, 2026 (received by the Bank on November 3, 2026 at 5:49 p.m. (IST)), conveyed its approval to the Bank for the aforesaid acquisition, which shall be completed upon fulfilment of conditions specified in the BTA and receipt of any remaining approvals from statutory/regulatory authorities. We request you to take the above update on record and disseminate the same on your website. This intimation is also being made available on the Bank’s website at https://www.kotak.bank.in/en/investor- relations/governance/sebi-listing-disclosures.html Thanking you. Yours faithfully, Kotak Mahindra Bank Limited Avan Doomasia President & Company Secretary Kotak Mahindra Bank Ltd. CIN: L65110MH1985PLC038137 Registered Office: 27 BKC, C 27, G Block, Bandra Kurla Complex, T +91 22 61660001 Bandra (E), Mumbai 400051, www.kotak.bank.in Maharashtra, India. Corporate e-mail: KotakBank.Secretarial@kotak.com This is a Confidential document.