Agreements

Jammu and Kashmir Bank Limited Corporate Headquarters T +91 (0)194 248 3775 W www.jkb.bank.in M A Road, Srinagar 190001 F +91 (0)194 248 1928 E board.sectt@jkbmail.com Kashmir, India CIN: L65110JK1938SGC000048 Board Secretariat Ref:-JKB/BS/F3652/2026/063 Date: 02nd July, 2026 National Stock Exchange of India Limited The BSE Limited Exchange Plaza 5th Floor Phiroze Jeejeebhoy Towers Plot No. C/1 G-Block Dalal Street Bandra Kurla Complex Mumbai – 400 001 Bandra (E) Mumbai – 400 051 Scrip Code:532209 Symbol: J&KBANK SUB:- CORPORATE AGENCY AGREEMENT WITH SBI LIFE INSURANCE COMPANY LIMITED AND HDFC LIFE INSURANCE COMPANY LIMITED Dear Sirs, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please be informed that the Bank has today i.e. July 02, 2026 signed Corporate Agency Agreement with SBI Life Insurance Company Limited and HDFC Life Insurance Company Limited for servicing and soliciting their insurance products through our Bank Branch Network. The said agreement shall be operational/effective from July 02, 2026. The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P /0155 dated November 11, 2024 are enclosed herewith. This is for your information and appropriate dissemination. Yours faithfully For Jammu and Kashmir Bank Limited (Mohammad Shafi Mir) Company Secretary Jammu and Kashmir Bank Limited Corporate Headquarters T +91 (0)194 248 3775 W www.jkb.bank.in M A Road, Srinagar 190001 F +91 (0)194 248 1928 E board.sectt@jkbmail.com Kashmir, India CIN: L65110JK1938SGC000048 Board Secretariat Details as required under the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 are given below: Requirement Response Response Name(s) of parties with 1. whom the agreement is SBI Life Insurance Company Limited HDFC Life Insurance Company Limited entered Servicing and soliciting the insurance Servicing and soliciting the insurance Purpose of entering into the products of SBI Life Insurance 2. products of HDFC Life Insurance agreement Company Limited through our Company Limited through our branches branches Shareholding, if any, in the 3. entity with whom the agreement is executed This is a Corporate Agency This is a Corporate Agency Agreement/Service Level Agreement Significant terms of the Agreement/Service Level Agreement for for servicing and soliciting the agreement (in brief) special servicing and soliciting the insurance insurance products of SBI Life rights like right to appoint products of HDFC Life Insurance Insurance Company Limited through directors, first right to share Company Limited through the branches 4. the branches of Jammu and Kasmir subscription in case of of Jammu and Kasmir Bank Limited. Bank Limited. There are no rights to issuance of shares, right to There are no rights to appoint directors, appoint directors, share subscription restrict any change in capital share subscription in case of issuance of in case of issuance of shares and structure etc. shares and restrict any change in capital restrict any change in capital structure. structure. Whether, the said parties are related to promoter/promoter group/ Nil group companies in any manner. If yes, nature of relationship Whether the transaction would fall within related Does not fall under related party Does not fall under related party 6. party transactions? If yes, transactions. However, Arm's length transactions. However, Arm's length will whether the same is done at will be maintained. be maintained. “arm’s length In case of issuance of shares 7. to the parties, details of issue No Shares have been issued. No Shares have been issued. price, class of shares issued Any other disclosures related to such agreements, viz., details of nominee on 8. the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc.