Change in Directorate

(Subsidiary of Punjab National Bank) August 7, 2026 The Manager – Listing The Manager – Listing National Stock Exchange of India Ltd. BSE Limited Exchange Plaza Phiroze JeeJeebhoy Towers Bandra Kurla Complex Dalal Street Bandra (E), Mumbai -400051 Mumbai- 400 001 Scrip Code: PNBGILTS Scrip Code: 532366 Subject: Outcome of the Board Meeting held on August 7, 2026 Ref: Intimation pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘the Listing Regulations’) Dear Sir / Madam, It is hereby informed that the Board of Directors of PNB Gilts Limited (“the Company”) in its meeting held today i.e. August 7, 2026 commenced at 03:15 PM. and concluded at 04:03 P.M. has, inter-alia, considered the following: 1. Upon the nomination request received from Punjab National Bank ("PNB” or “Promoter” or “Parent Bank" of PNB Gilts Limited i.e. the Company) and in accordance with the Reserve Bank of India (Non-Banking Financial Companies - Governance) Directions, 2025 read with Reserve Bank of India letters dated December 05, 2023, June 19, 2025, January 29, 2026 and March 13, 2026 and on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company subject to the approval of shareholders and Reserve Bank of India (“RBI”), has appointed Sh. Amit Kumar Srivastava (DIN:08099846), Executive Director- PNB, as (Non-Executive & Non-Independent) of the Company, with effect from the date of receipt of the approval from the RBI or shareholders of the Company, whichever is later, on such terms and conditions as may be conveyed by RBI/regulator/PNB, for a period upto the date of his holding the position of Executive Director in PNB or until further orders of Government of India, whichever is earlier. It is also confirmed that Sh. Amit Kumar Srivastava is not debarred from holding the office of Director pursuant to any SEBI order or any such authority. Relevant information in this connection as required under SEBI Circular no. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026 is annexed herewith as Annexure- A. 2. Approved the notice of 30th Annual General Meeting of the Company scheduled to be held on Monday, September 28, 2026 at 11.00 A.M. (IST) through VC/OAVM pursuant to applicable Circulars of Ministry of Corporate Affairs and Securities and Exchange Board of India. 3. Approved the Record Date to determine those members who will be eligible to receive the payment of final dividend for the financial year 2025-26, if declared by the members of the Company at the ensuing Annual General Meeting, as Monday, September 21, 2026. Dividend, if declared by the members at the ensuing Annual General Meeting, will be paid within thirty (30) days from the date of declaration. Any further information in this connection will be submitted with the exchange in due course. This is for your Information and records. Thanking You. Yours truly, For PNB Gilts Ltd (Monika Kochar) Company Secretary & Compliance Officer Regd. Office : 5, Sansad Marg, New Delhi-110 001. Ph. : 23325759, 23325779 Website : www.pnbgilts.com E-mail : pnbgilts@pnbgilts.com CIN : L74899DL1996PLC077120 (Subsidiary of Punjab National Bank) Annexure- A The detailed disclosure as per Regulation 30 read with Part A of Schedule III of Listing Regulation read with Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is mentioned below: S.No. Disclosure requirement Details 1. Reason for change viz. appointment, Appointment of Sh. Amit Kumar Srivastava re-appointment, resignation, removal, (DIN:08099846) as (Non-Executive & Non- death or otherwise; Independent) Director, subject to approval of Reserve Bank of India (“RBI”) and Shareholders of the Company. 2. Date of Date of appointment: with effect from the date of appointment/reappointment/cessation receipt of the approval from the RBI or (as applicable) & term of shareholders of the Company, whichever is later. appointment/re-appointment; Term of appointment: On such terms and conditions as may be conveyed by RBI/Regulator/PNB, for a period upto the date of his holding the position of Executive Director in PNB or until further orders of Government of India, whichever is earlier. 3. Brief profile (in case of appointment); He is Executive Director of PNB. He started his banking career in the erstwhile Oriental Bank of Commerce as an Officer in March 1994 and has illustrious career, serving the Banking industry across various verticals. He brings with him over 31 years of rich and multi-dimensional Banking experience. Shri Amit Kumar Srivastava, a post graduate in Computer Science from Banaras Hindu University, is also a Certified Associate Member of Indian Institute of Bankers (CAIIB) and holds various certifications in MSME, Risk in Financial Services, Professional Risk Manager, post graduate Diploma in Treasury & Forex Management (ICFAI University) and certification in Sustainability and Climate Risk (SCR) from GARP (USA). Prior to his appointment as Executive Director of PNB, his most recent assignment in PNB was as Group Chief Risk Officer. Presently, he is also Director of India Infrastructure Finance Company Limited (IIFCL) and Chairman on the Governing Board of National Institute of Banking Studies & Corporate Management (NIBSCOM). 4. Disclosure of relationships between He is not related to any other Director of the Directors (in case of appointment of a Company. Director). Regd. Office : 5, Sansad Marg, New Delhi-110 001. Ph. : 23325759, 23325779 Website : www.pnbgilts.com E-mail : pnbgilts@pnbgilts.com CIN : L74899DL1996PLC077120