Press Release

Karnataka Bank Ltd. Your Family Bank. Across India. Regd. & Head Office Phone : 0824-2228222 Post Box No.599, Mahaveera Circle E-Mail : comsec@ktk.bank.in Kankanady Website : www.karnatakabank.bank.in Mangaluru – 575 002 CIN : L85110KA1924PLC001128 SECRETARIAL DEPARTMENT HO:SEC:107:2026-27 Date: 31.07.2026 The Manager The Manager Listing Department Corporate Relationship Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra-Kurla Complex, Bandra (E) Dalal Street MUMBAI - 400051 MUMBAI - 400001 NSE Scrip Code: KTKBANK BSE Scrip Code: 532652 Madam / Dear Sir, Sub: Press Release – Karnataka Bank appoints Mr. Parthasarathi Periaswamy as Additional Director Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith a copy of the press communiqué released by the Bank on 31.07.2026 on the subject matter. This is for your kind information and dissemination. Yours faithfully, Sham K Company Secretary & Compliance Officer Regd. & Head Office Phone :0824-2228515 P. B. No.599, Mahaveera Circle E-Mail : pr@ktk.bank.in Kankanady Website : www.karnatakabank.bank.in Mangaluru - 575 002 CIN : L85110KA1924PLC001128 MEDIA MARKETING & PUBLIC RELATIONS DEPARTMENT HO/MM&PR/PR/No.11/OR.No.491 /2026-27 Date: 31-07-2026 PRESS RELEASE KARNATAKA BANK APPOINTS SHRI. PARTHASARATHI PERIASWAMY AS ADDITIONAL DIRECTOR The private sector lender, The Karnataka Bank Ltd has appointed Shri. Parthasarathi Periaswamy as Additional Director (Non-Executive, Independent) of the Bank for a period of four years, with effect from July 29, 2026. The appointment is subject to the approval of the shareholders of the Bank as per the SEBI (LODR) Regulations, 2015 and applicable provisions of the Companies Act, 2013. Mr. Parthasarathi Periaswamy is a seasoned technology and cybersecurity leader with over three decades of experience at the highest levels of India's financial sector. As former Chief Information Security Officer and Chief General Manager (IT) at the Reserve Bank of India, he has played a pivotal role in shaping national cybersecurity frameworks, modernizing mission critical infrastructure and strengthening resilience across the banking ecosystem. He has served as Chief Technology Officer at the Institute for Development and Research in Banking Technology (IDRBT), where he directed IT infrastructure, trust services and the national threat intelligence platform (IB CART). His leadership extended to convening the CISO Forum and organizing national cyber drills, foste~in on and =---=c:::::;;;. • preparedness among banks. Beyond central banking, Mr. Parthasarathi has advised leading private sector banks on cybersecurity governance, policy reviews and crisis management. He was formerly a Consultant to the Reserve Bank Innovation Hub, guiding projects on cybersecurity in the financial sector. Further, he was a Board Member of Indian Financial Technology and Allied Services (IFTAS), an RBI subsidiary, for the period 2019 - 2021, where he had overseen technology governance and sector wide IT initiatives. Widely respected for his ability to bridge technology, regulation and strategy, Mr. Parthasarathi is passionate about advancing organizational resilience, regulatory technology and cybersecurity governance. His career reflects a commitment to strengthening trust in financial systems and preparing institutions for the challenges of a digital future. Shri Parthasarathi Periaswarny' s vast leadership experience at the highest levels of India's financial sector in Information Technology and allied areas like cyber security will help strengthen the digital initiatives of Karnataka Bank. 1 C. Pallavi T.S CHIEF MANAGER & PUBLIC RELATIONS OFFICER