Communication to Shareholders with respect to TDS on dividend is attached.

Ref: PNBHFL/SE/EQ/FY2026-27/46 July 30, 2026 The BSE Limited The National Stock Exchange of India Limited Listing Department, Listing Department Phiroze Jeejeebhoy Towers, “Exchange Plaza” Dalal Street, Bandra Kurla Complex, Mumbai – 400001 Bandra (E), Mumbai – 400051 Scrip Code: 540173 Symbol: PNBHOUSING Dear Sir/Madam, Sub: Communication to Shareholders with respect to Tax Deduction at Source (TDS) on Dividend In accordance with the provisions of the Income-tax Act, 2025, as amended from time to time ("Act"), dividend declared and paid by the Company is taxable in the hands of its Shareholders and the Company is required to deduct tax at source ("TDS") from dividend paid to the Shareholders at the applicable rates. In this regard, a communication regarding deduction of tax at source on dividend, explaining the process on withholding tax from the proposed dividend to be paid to the shareholders, together with the relevant annexures, has been sent to those shareholders whose e-mail IDs are registered with the Company, the RTA or the Depositories. Payment of dividend is subject to the approval of Shareholders at the ensuing Annual General Meeting to be held on August 17, 2026, The said TDS Communication is also enclosed herewith for ready reference of the shareholders and is also being made available on the website of the Company at www.pnbhousing.com The above intimation is submitted pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. This is for your information and records. Thanking You, Yours faithfully, For PNB Housing Finance Limited Veena G Kamath Company Secretary Encl: As above Regd. Office: 9th Floor, Antriksh Bhawan, 22 K G Marg, New Delhi – 110001 Phone: 011-66030500, E-mail: investor.services@pnbhousing.com, Website: www.pnbhousing.com CIN: L65922DL1988PLC033856 PNB Housing Finance Limited Registered Office: 9th Floor, Antriksh Bhawan, 22 K G Marg, New Delhi-110001 Tel. No.: 011 - 66030500, E-mail: investor.services@pnbhousing.com CIN: L65922DL1988PLC033856, Website: www.pnbhousing.com July 29, 2026 Dividend for the Financial Year 2025-26- Tax Deduction at Source (TDS) on Dividend Dear Shareholder, We are pleased to inform you that the Board of Directors at its Meeting held on Monday, April 20, 2026 have recommended payment of final dividend of Rs.8/- (Rupees Eight only) per equity share for the financial year ended March 31, 2026, subject to approval of the shareholders of the Company at its forthcoming Annual General Meeting (AGM) scheduled on Monday, August 17, 2026. As per the Income Tax Act, 2025 (the Act), dividend paid and distributed by a Company is taxable in the hands of shareholders. The Company shall, therefore, be required to deduct taxes at source (TDS) at the time of making payment of the dividend, if approved by the Shareholders at the forthcoming AGM. Shareholders are requested to ensure that their bank account details in their respective demat accounts/physical folios are updated, to enable the Company to make timely credit of dividend in their bank accounts. The tax deduction rates would vary depending on the residential status of the shareholders, documents submitted by the shareholders and accepted by the Company. This communication provides a brief of the applicable Tax Deduction at Source (TDS) provisions under the Act for Resident and Non-Resident Shareholder categories. A. For Resident Shareholders Tax will be deducted at source ("TDS") under Section 393(1) read with 393(4) of the Act at the rate of 10% on the amount of dividend where Shareholders have registered their valid Permanent Account Number (PAN). In case, Shareholders do not have PAN/invalid PAN/PAN not linked with Aadhaar, TDS at the rate of 20% shall be deducted under Section 397(2) of the Act. However, in case of individuals, TDS would not apply if the aggregate of total dividend paid to them by the Company during FY 2026-27 does not exceed Rs.10,000. Tax deduction will be subject to the requirements below: The TDS will be applied by the Company unless exempt under the provisions of the Act and subject to furnishing of the following self-certified documents: Category of Tax Deduction Rate Exemption Applicability / shareholders Documents required For Resident Shareholders Resident No tax will be deducted if: Form 121 needs to be Individuals 1. If dividend amount to be received during the Tax Year furnished only if dividend (TY) 2026-27 does not exceed Rs. 10,000. amount exceeds Rs. 2. The Shareholder provides Form 121, provided that all the 10,000. required eligibility conditions are met. Please note that all fields are mandatory to be filled up and the Company (Format of Form 121 is may at its sole discretion reject the form, if it does not annexed as Annexure 1). fulfil the prescribed requirement under the Act. Exemption certificate is issued by the Income-tax Department, if any. Category of shareholders Tax Deduction Exemption Applicability/ Documents required Rate Resident – Other than Individuals Insurance Companies Documentary evidence (PAN and registration certificate) Nil along with self- declaration that the provisions of section 393(4) of the Act are applicable to them (self-attested by the competent authority with affixed stamp). (Format of declaration form is annexed as Annexure 2). Mutual Funds Documentary evidence to prove that the mutual fund is a mutual fund specified under Section 11 read with Schedule VII of the Act. (Format of declaration form is annexed as Annexure 2). Alternative Investment Fund Self- declaration that its dividend income is not chargeable under the head 'Profit and Gains of Business or Profession' and exempt under section 11 read with Schedule V of the Act and they are established as Category I or Category II AIF under the SEBI regulations. (Format of declaration form is annexed as Annexure 2). Entities Exempt under In case of resident non-individual shareholders, if the Section 11 of the Act: income is exempt under the Act, the authorized signatory shall submit the declaration duly signed with stamp affixed for the purpose of claiming exemption from TDS (Format of declaration form is annexed as Annexure 2); Corporation established by Documentary evidence that the person is covered under or under a Central Act Section 393(5) of the Act. Beneficial ownership As applicable In case of equity share(s) held in the Company as a beneficiary; and are not subject to TDS under Section 393(5) of the Act, the person shall submit self-attested copy of the documentary evidence supporting the exemption status along with self-attested copy of PAN card (Format of declaration form is annexed as Annexure 2). Benefit under Rule 203: In case where shares are held by intermediaries/ stock brokers and TDS is to be applied by the Company in the PAN of the beneficial shareholders then intermediaries/ stockbrokers and beneficial shareholders will have to provide a declaration. (Format of declaration is annexed as Annexure 4). It may be noted that the dividend will be paid to the account in which shares are held and TDS will be deducted as per the category of the account. Where a shareholder furnishes a valid Nil or lower tax rate deduction certificate under Section 395(1) of the Act, TDS will be applied as per the rates prescribed in such certificate. B. For Non-Resident Shareholders: 1. As per Domestic Tax Law: Tax is required to be withheld in accordance with the provisions of Section 393(2) of the Act at applicable rates in force. As per the provisions of the Act, the tax shall be withheld @ 20% (plus surcharge and cess, as applicable) on the amount of dividend payable. 2. As per Double Tax Avoidance Agreement (DTAA): As per Section 159 of the Act, a non-resident shareholder has an option to be governed by the provisions of the Double Taxation Avoidance Agreement (‘DTAA’) between India and the country of tax residence of the shareholder, if such DTAA provisi [Showing first 8,000 characters — download PDF for full document]