Change in Director(s)

Ref No: 08/SE/CS/AUG/2026-27 Date: August 14, 2026 Listing Department L i s t i n g & Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor Dalal Street, Mumbai – 400001 Plot No.C/1, “G” Block Bandra- Kurla Complex Bandra(E), Mumbai- 400051 BSE Scrip Code: 544020 NSE Symbol: ESAFSFB Dear Sir / Madam, Sub: Intimation regarding change in Directors Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI (LODR)"), and in continuation to our letter dated July 20, 2026 we wish to inform you that the shareholders of the Bank in the 10th Annual general Meeting of the Bank held on Friday, August 14, 2026 have approved the following: 1. Appointment of Shri. Hari Velloor (DIN: 11650530) as Non-Executive Director of the Bank for a period of three (3) consecutive years with effect from September 1, 2026, whose office shall be liable to retire by rotation. The disclosures as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, in connection with appointment/ retirement of Directors is given as Annexure - I. 2. Appointment of Shri. Ashok Tukaram Dhamankar (DIN: 03066552) as Non – Executive Independent Director of the Bank for a period of three (3) consecutive years with effect from September 1, 2026, whose office shall not be liable to retire by rotation. The disclosures as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, in connection with appointment/ retirement of Directors is given as Annexure - II. 3. Re-appointment of Prof. Biju Varkkey (DIN: 01298281), Non- Executive Independent Director of the Bank for a period of three (3) consecutive years with effect from August 17, 2026, whose office shall not be liable to retire by rotation. The disclosures as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, in connection with appointment/ retirement of Directors is given as Annexure - III. The intimation is also made available on the website of the Bank at https://www.esaf.bank.in/investor-relation/?id=disclosure-to-stock-exchanges-2026-27/. Requesting you to take the same into your records. Thanking you, Yours Faithfully For ESAF Small Finance Bank Limited Ranjith Raj. P Company Secretary and Compliance Officer Annexure – I Disclosures required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sl. No. Details of events that needs to be Information of such event(s) provided 1 Name of the Director Shri. Hari Velloor 2 DIN 11650530 Reason for change viz. Appointment as Non- Executive Director for a Appointment, resignation, period of three (3) consecutive years with removal, death or otherwise; effect from September 1, 2026. Retirement September 1, 2026 Date of Appointment and term of 4 Appointment is for a period of three (3) appointment consecutive years with effect from September 1, 2026 up to August 31, 2029. Shri. Hari Velloor is a seasoned banking professional with over 30 years of experience in the banking and financial services industry. He possesses extensive expertise in retail banking, branch operations, distribution management, customer acquisition, and channel development. He has previously served as Executive Vice President and National Head – Retail and Channels at ESAF Small Finance Bank, where Brief Profile (in case of he was responsible for overseeing retail appointment) banking strategy and managing nationwide channel operations. Prior to this, he held senior leadership positions, including Senior Vice President, at HDFC Bank, handling branch banking operations and business development functions. Shri. Hari Velloor holds a bachelor’s degree in arts (history) from University of Delhi and a master’s degree in arts (political science) from Madurai Kamaraj University and brings significant leadership experience in driving retail banking growth and strengthening customer outreach across diverse markets. Disclosure of relationship Shri. Hari Velloor is not related to any between Directors Directors of the Bank. Information as required under Shri. Hari Velloor is not debarred from holding BSE Circular Number LIST/ COM/ office of a director by virtue of any SEBI Order 7 14/ 2018- 19 dated June 20, 2018 or any other such authority. and NSE Circular No. NSE/ CML/ 2018/ 24 dated June 20, 2018. Annexure – II Disclosures required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sl. No. Details of events that needs to be Information of such event(s) provided 1 Name of the Director Shri. Ashok Tukaram Dhamankar 2 DIN 03066552 Reason for change viz. Appointment as Non-Executive Independent Appointment, resignation, Director for a period of three (3) consecutive removal, death or otherwise; years with effect from September 1, 2026. Retirement September 1, 2026 Date of Appointment and term of 4 Appointment is for a period of three (3) appointment consecutive years with effect from September 1, 2026 up to August 31, 2029. Shri. Ashok Tukaram Dhamankar is a seasoned finance and fintech professional with extensive experience spanning investment banking, sustainable finance, agri- value chains, and financial services. He currently serves as the Founder and CEO of FinBridge Access to Capital Aggregators Private Limited, where he has established a debt syndication platform focused on enhancing access to funding for MSMEs and agri-linked enterprises. Brief Profile( in case of He has played key leadership roles across appointment) large corporates and financial institutions, most notably as Chief Financial Officer – Financial Services at UPL, a global leader in sustainable agriculture solutions, and as Group CFO at Samunnati Financial Intermediation & Services. Earlier in his career, he spent over a decade with National Collateral Management Services Limited in multiple senior finance roles, including Group CFO, contributing to the growth of agri-financing and collateral management ecosystems. In addition to executive leadership, he has held board and advisory positions, including board memberships at Weather Risk Management Services Private Limited. and Nurture Financial Solutions Private Limited, focusing on financial inclusion, risk management, and sustainable agriculture. His experience reflects strong domain expertise across embedded finance, rural financing, ESG and sustainable finance, with a consistent focus on enabling access to capital and driving inclusive growth across agriculture and MSME sectors. Disclosure of relationship Shri. Ashok Tukaram Dhamankar is not between Directors related to any Directors of the Bank. Information as required under Shri. Ashok Tukaram Dhamankar is not BSE Circular Number LIST/ COM/ debarred from holding office of a director by 7 14/ 2018- 19 dated June 20, 2018 virtue of any SEBI Order or any other such and NSE Circular No. NSE/ CML/ authority. 2018/ 24 dated June 20, 2018. Annexure – III Disclosures required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sl. No. Details of events that needs to be Information of such event(s) provided 1 Name of the Director Prof. Biju Varkkey 2 DIN 01298281 Reason for change viz. Re-appointment as Non-Executive Appointment, resignation, Independent Director of the Bank for a period removal, de [Showing first 8,000 characters — download PDF for full document]