ESOP/ESOS/ESPS

November 11, 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.: Intimation of allotment of 4,67,180 equity shares upon exercise of Employee Stock Options under the Kotak Mahindra Equity Option Scheme 2015 / Kotak Mahindra Equity Option Scheme 2023 The Large Expenditure and Share Transfer and Other Matters Committee of the Bank has, on November 11, 2026, allotted 4,67,180 equity shares of Re. 1/- each, upon exercise of equivalent number of Employee Stock Options under the Kotak Mahindra Equity Option Scheme 2015 / Kotak Mahindra Equity Option Scheme 2023, as below: ESOP Scheme Series / Tranche No. of Equity Shares Allotted ESOP Scheme Series 2015/34 (4th Tranche) 1,72,775 ESOP Scheme Series 2015/39 (4th Tranche) 5,525 ESOP Scheme Series 2015/40 (3rd Tranche) 1,53,395 ESOP Scheme Series 2023/03 (2nd Tranche) 1,14,805 ESOP Scheme Series 2023/05 (1st Tranche) 16,500 ESOP Scheme Series 2023/07 (1st Tranche) 4,180 Total 4,67,180 Consequently, the Paid-up Share Capital of the Bank has increased, from 9,94,78,81,278 equity shares of Re. 1/- each to 9,94,83,48, 458 equity shares of Re. 1/- each. We request you to take the above on record and disseminate the same on your website. Thanking you. Yours faithfully, For 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.