General Updates

July 2, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Bandra (East), Mumbai 400 001 Mumbai 400 051 BSE Scrip 500247, 958687, 974396, NSE Symbol: KOTAKBANK, KMBL, Code: 974682, 974924, 975387 KMB26, KMB29, KMB30 Dear Sirs, Sub.: Update on acquisition by the Bank, by way of direct assignment, of the loan portfolio from Kotak Mahindra Investments Limited We refer to our disclosure dated May 30, 2026, intimating the stock exchanges about the proposed acquisition by the Bank, by way of direct assignment, of the loan portfolio and non-treasury investments (collectively aggregating to an outstanding amount of Rs. 10,639 crore as on March 31, 2026), in one or more tranches, from Kotak Mahindra Investments Limited (“KMIL”), a wholly-owned subsidiary of the Bank. In this regard and pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the loan portfolio of KMIL, aggregating to an outstanding amount of Rs. 9,587.62 crore as on July 1, 2026, stand directly assigned to the Bank, with effect from the same date. The aforesaid direct assignment has been effected in furtherance of the decision of the Bank (which was intimated to the stock exchanges on March 24, 2026) to conduct the business activities of KMIL departmentally within the Bank on and from April 1, 2026, in compliance with the provisions of the Reserve Bank of India (Commercial Banks - Undertaking of Financial Services) Directions, 2025 and in the interest of group simplification and to drive operations synergies. We request you to take the above information on record and disseminate the same on your website. This intimation is also being made available on the Bank’s website at: https://www.kotak.bank.in/en/investor-relations/governance/sebi-listing-disclosures.html Thanking you, Yours faithfully, Kotak Mahindra Bank Limited Avan Doomasia Company Secretary Kotak Mahindra Bank Ltd. CIN: L65110MH1985PLC038137 Registered Office: 27 BKC, C 27, G Block, Bandra Kurla Complex, T +91 22 61660001 Bandra (E), Mumbai 400051, www.kotak.bank.in Maharashtra, India.