Cessation

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/F3652/2026/065 Date: 04th 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:- APPOINTMENT OF MR. RAKESH MAGOTRA AS CHIEF COMPLIANCE OFFICER (CCO)/GROUP COMPLIANCE OFFICER (GCO) OF THE BANK IN PLACE OF MR. PEER MASOOD AHMAD Dear Sir’s, Pursuant to Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please be informed that the Board of Directors of the Bank have in their meeting held today i.e. July 04, 2026 appointed Mr. Rakesh Magotra as Chief Compliance Officer (CCO)/Group Compliance Officer (GCO) of the Bank for a period of three (3) years in place of Mr. Peer Masood Ahmad. 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. The meeting of the Board commenced at 11:00 A.M. and concluded at 05:20 P.M. This is for your information and appropriate dissemination. Thanking you 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: Mr. Peer Masood Name Mr. Rakesh Magotra Ahmad Reasons for change Appointment Cessation Date of July 04, 2026 July 04, 2026 Appointment/Cessation Term of appointment Three (03) Years NA Shri Rakesh Magotra is a seasoned banking professional with over 30 years of experience across retail banking, credit, strategy, operations, governance and business transformation. He has been appointed as the Group Compliance Officer (GCO) of J&K Bank, reflecting the Bank’s commitment to strengthening its compliance framework and governance standards. Prior to this role, he served as General Manager & Head of Retail Banking Division, leading Retail Assets, Agriculture, MSME, Government Sponsored Schemes and Liability Management. An alumnus of National Institute of Technology (NIT), Jaipur and Indian Brief Profile Institute of Management (IIM), Amritsar, where he was awarded the NA Director’s Medal, he is currently pursuing a Ph.D. in Economics at IIM Jammu. Since joining J&K Bank as a Probationary Officer in 1996, Shri Magotra has held several key leadership positions, including Zonal Head, Delhi Zone, Advisor to the Chairman, Head of Financial Inclusion and Head of Supervision & Control. He has led several strategic initiatives in MSME financing, financial inclusion, startup financing and institutional partnerships, and is a regular speaker at industry and academic forums on banking and governance. Disclosure of relationship between NA NA Directors inter-se Confirmation on the debarment of person NA NA appointed as director