Press Release on listing of SBI Funds Management Limited

The Listing Department, The Listing Department, BSE Limited, National Stock Exchange of India Limited, Phiroje Jeejeebhoy Towers, Exchange Plaza, 5th Floor, C / 1, ‘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/2026-27/370 21.07.2026 Madam / Sir, Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 Press Release: Listing of SBI Funds Management Limited Pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit the press release on listing of SBI Funds Management Limited. Yours faithfully, (Aruna N Dak) DGM (Compliance & Company Secretary) Encl: A/a PRESS RELEASE State Bank of India and Amundi announce the successful listing of SBI Funds Management Ltd Mumbai | 21 July 2026 SBI Funds Management Limited (“SBI Funds”), India’s leading asset management company, today marked a historic milestone with the successful listing of its equity shares on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE). The listing marks the beginning of a new chapter in the Company’s nearly four-decade journey of serving millions of investors and creating long-term wealth through disciplined investing. The Initial Public Offering (IPO) received an overwhelming response across investor categories and was subscribed 41.66 times, reflecting strong confidence in SBI Funds’ business model, governance standards, investment capabilities and long-term growth prospects. Robust participation from domestic and international institutional investors, retail investors, shareholders and employees underscores the investment community’s confidence in both SBI Funds and India’s long-term growth story. Speaking on the occasion, Shri Challa Sreenivasulu Setty, Chairman, State Bank of India, and Chairman, SBI Funds Management Limited said: “The listing of SBI Funds Management marks a defining milestone in the Company’s journey and reflects the trust that millions of investors have placed in us over the years. We are deeply grateful for the overwhelming confidence shown by investors across all categories. As a listed company, SBI Funds enters a new phase of responsibility and accountability. Guided by the highest standards of governance and transparency, we remain committed to creating long-term value for our shareholders while helping millions of Indians achieve their financial aspirations through disciplined investing. Backed by the enduring partnership between State Bank of India and Amundi, SBI Funds is well positioned to deepen investor participation, expand access to investment solutions and continue contributing to India’s growing financial savings ecosystem. “ Ms. Valérie Baudson, Chief Executive Officer of Amundi, commented: “The successful listing of SBI Funds Management Ltd., is a remarkable achievement for the company, and a powerful illustration of the strength and relevance of our long-standing partnership with SBI. Over the years, SBI and Amundi have built the leading asset management platform in India, combining SBI’s exceptional distribution strength and market positioning with Amundi’s global expertise in asset management. I am convinced that the IPO of SBI Funds is a major milestone and will support the company’s growth ambitions as it enters a new phase of expansion. As long-term shareholders, we are fully committed to contributing to this growth, and our partnership with SBI will remain central to the future development of SBI Funds Management Ltd.” About SBI Funds Management Limited SBI Funds Management Limited is India’s largest asset management company and one of the country’s most trusted investment institutions. Established through the partnership of State Bank of India and Amundi, the Company manages investments across a broad range of equity, debt, hybrid and passive investment solutions, serving millions of investors across India Disclaimer This press release does not, and shall not, in any circumstances constitute a public offer nor an offer to subscribe or designed to solicit interest for purposes of an offer to the public. This press release and its contents are not intended to be an “offer letter”, “offering circular”, “offering document”, “information memorandum”, “private placement offer cum application letter”, “draft red herring prospectus”, “red herring prospectus”, “invitation”, “advertisement” or "prospectus" (as defined under the Companies Act, 2013, as amended, together with the rules, regulations, notifications, guidelines and clarifications issued thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, and any other applicable law in India). This is not intended to be an advertisement and does not constitute or form part of, and should not be construed as, an offer or invitation or solicitation of an offer, from the public or any class of investors, to subscribe for or purchase any securities, and neither this press release nor anything contained herein shall form the basis of or be relied on in connection with or act as an inducement to enter into any contract or commitment whatsoever. This press release does not express and shall not be construed to express, any opinion or advice or make any recommendation with respect to an investment in any securities. No communication and no information in respect of the contemplated transaction or in respect of SBIFM, SBI or any Amundi entities may be distributed to the public in any jurisdiction where a registration or approval is required. The subscription for, or the purchase of, equity shares involves risk and may be subject to specific legal or regulatory restrictions in certain jurisdictions. Amundi, SBI or SBIFM assumes no responsibility for any violation of any such restrictions by any person.