Scrutinizer''s Report along with results of e-voting of the 10th AGM of the Bank.

August 05, 2026 BSE Limited National Stock Exchange of India Limited Scrip Code: 543942, 975790, 959644, Symbol: UTKARSHBNK 976203 Dear Sir/Madam, Sub: Scrutinizer’s Report and Results of e-voting and remote e-voting on the resolutions as set out in the Notice of 10th Annual General Meeting (“AGM”) of Utkarsh Small Finance Bank Limited (“Bank”) held on Tuesday, August 04, 2026 Pursuant to Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Scrutinizer's Report dated August 05, 2026 along with the voting results of the remote e-voting and e-voting conducted during the 10th Annual General Meeting (“AGM”) of the Bank held on August 04, 2026 through Video Conferencing/ Other Audio Visual Means. All the resolutions set out in the Notice convening the AGM were passed by the Members with the requisite majority. The aforesaid disclosure is also available on the Bank’s website i.e. www.utkarsh.bank.in. This is for your information and record. Thanking You. For Utkarsh Small Finance Bank Limited Muthiah Ganapathy Company Secretary & Compliance Officer Encl: a/a - - -- - = =-= - - ~ -= Associates Company Secretaries CONSOLIDATED REPORT FROM THE SCRUTINIZER ON THE REMOTE E-VOTING & E-VOTING CONDUCTED AT THE TENTH (10TH) ANNUAL GENERAL MEETING Of UTKARSH SMALL FINANCE BANK LIMITED HELD THROUGH VIDEO CONFERENCING ("VC")/ OTHER AUDIO-VISUAL MEANS ("OVAM") ON TUESDAY, AUGUST 04, 2026 The Chairman Utkarsh Small finance Bank Limited Utkarsh Tower, NH-31 (Airport Road), Sehmalpur, Kazi Sarai, Harhua, Varanasi, Uttar Pradesh, PIN-221105 Dear Sir, Sub: Consolidated Report of Scrutinizer on Remote E-voting and E- voting during the Tenth (10th) Annual General Meeting ("AGM") of Utkarsh Small finance Bank Limited held on Tuesday, August 04, 2026 at 02:30 p.m. (1ST) through Video Conferencing ("VC")/ Other Audio-Visual Means ("OAVM'1 I, Avinash Bagu], Partner of M/s. BNP and Associates, Company Secretaries, had been appointed as a Scrutinizer by the Board of Directors of Utkarsh Small Finance Bank Limited (hereinafter referred to as the "the Bank'1 at their meeting held on June 20, 2026 to scrutinize the remote e-voting process and e-voting process conducted at the 10th Annual General Meeting ('AGM') of the Bank held on Tuesday, August 04, 2026 at 02:30 P.M. (1ST) by means of Video-Conferencing (VC), in a fair and transparent manner, pursuant to the provisions of Section 108 of the Companies Act, 2013 ("Act") read with Rule 20 of the Companies (Management and Administration) Rules, 2014 as amended and in accordance with Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"). I say, I am familiar and well versed with the concept of electronic voting system as prescribed under the said Rules. Report on Scrutiny: • The AGM is held in compliance with the Ministry of Corporate Affairs, Government of India ("MCA") vide its Circular No. 3/2025 dated September 22, 2025 (in continuation with the Circulars issued earlier in this regard) ("MCA Circulars'1 and the Securities and Exchange Board of India ("SEBI") vide various circulars issued in this regard ("SEBI Circulars") has permitted companies to hold Annual General Meetings through VC or OAVM, without physical presence of the Members at a common venue and provided relaxation for the manner in which the AGM shall be held a_nd conducted including the manner of sending the Notices and Annual Reports to the shareholders and the manner of voting at the meeting. ( collectively referred to as "Applicable Circulars"). • The Bank has appointed National Securities Depository Limited ("NSDL'1 as Service Provider for the purpose of extending the facility of Remote e-voting to the Members of the Bank and for voting electronically at the meeting. • KFin Technologies Limited., the Registrar and Share Transfer Agents('RTA') of the Bank • NSD I,. had provided a system for recording the votes of the Members electronically through remote e-voting as well as e-voting conducted during the AGM on all the items of the business (both Page 1 of13 101, 1st Floor, Bholenath Chogle Residency. Babhai Naka. Near Ram Mandir. Borivali (West). Mumbai -400 092. E-mail: support@bnpassociates.in • Web: www.bnpassociates.in & Associates E-mail: support@bnpassociates.in Web: www.bnpassociates.in Ordinary and Special businesses) sought to be transacted at the 10th AGM of the Bank, which was conducted on Tuesday, August 04, 2026. • NSDL had set up electronic voting facility on their website, www.evoting.nsdl.com. The AGM Notice was hosted on the Bank's website, NSDL and the Stock Exchanges viz., BSE Limited and National Stock Exchange of India Limited to facilitate the Members of the Bank to cast their vote electronically through e-voting. • The Management of the Bank is responsible for ensuring compliance with the requirements of the Act and the Rules framed thereunder as well as SEBI Listing Regulations. • My responsibility as Scrutinizer of the voting process (through E-voting), is restricted to scrutinize the E-voting process (Remote E-voting and E-voting during the 10th AGM), in a fair and transparent manner and to prepare a Scrutinizer's Report of the votes cast in favour and against the resolutions stated in the Notice of 10th AGM, based on the reports generated from the E-voting system provided by NSDL, the Service Provider and render a consolidated scrutinizer's report on the voting to the Chairman or Managing Director & CEO or Company Secretary on the said resolutions. • The cut-off date to determine the shareholders entitled to receive the Notice of the AGM was July 03, 2026 and as on that date, there were 2,85,519 members of the Bank. As mentioned in the Applicable Circulars, NSDL had sent the Notice of the AGM along with Annual Report for the Financial Year 2025-26 and E-voting details by email to 2,80,230 members constituting 98.15% of the total members, whose email ids are registered with the Bank, RTA or Central Depository Services (India) Limited ("CDSL") / NSDL" (collectively CDSL and NSDL be referred as "Depositories") and has also been uploaded on the website of the Bank. Further, the Bank, in terms of Regulation 36 (1) of the SEBl Listing Regulations, had also sent a letter to the Members, whose e-mail address was not registered with their respective Depository Participant or RTA, stating the web-link and the navigation path to access the Annual Report • The Notice sent through e-mail contained the detailed procedure to be followed by the Members who were desirous of casting their votes electronically as provided in the Rule 20 of the Companies (Management and Administration) Rules, 2014 as amended and as provided in the Applicable Circulars. • The Bank had completed the dispatch of the notices by email to the members on Friday, July 10, 2026. • The Cut-off date for the purposes of identifying the Members who will be entitled to vote on the resolutions placed for approval of the members was Tuesday, July 28, 2026. • As prescribed in the aforesaid Rules, the Remote e-voting facility was kept open for 3 (three) days from Saturday, August 01, 2026 at 9.00 AM. (1ST) to Monday, August 03, 2026 at 5.00 P.M.(IST). • As prescribed in clause IV of the circular dated May 05, 2020 issued by MCA, which is forming part of the Applicable Circulars, the Bank had released an advertisement prior to sending Notice to the Shareholders which was published in English in "Financial Express" newspaper having country wide circulation dated Wednesday, July 08, 2026 and in Hindi in Jansatta and Aaj newspaper dated Page 2 of13 & Associates E-mail: support@bnpassociates.in Web: www.bnpassociates.in Wednesday, July 08, 2026. The Notice contained the required information as provided under clause IV (a) to (f) of the said circular. • As prescribed in clause (v) of sub rule 4 [Showing first 8,000 characters — download PDF for full document]