ESOP/ESOS/ESPS

August 17, 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, 974396, 974682, NSE KOTAKBANK, KMB29, KMB30 Code: 974924, 975387 Symbol: Dear Sirs, Sub.: Grant of Employee Stock Options Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby inform you that the Nomination and Remuneration Committee of the Bank has, today, i.e., on August 17, 2026 (“Grant Date”), granted, in aggregate, 3,47,410 Employee Stock Options under the Kotak Mahindra Equity Option Scheme, 2023 (“ESOP Scheme 2023”), to the eligible employee(s), as per the brief terms of grant, as under: Series Number of Vesting % Vesting Date(s) Exercise Period Options Granted* ESOP Scheme 3,47,410 25% August 31, 2027 One year from the 2023 – Series 12 25% June 30, 2028 Vesting Date 25% June 30, 2029 25% June 30, 2030 * Each Option entitles the Grantee to one Equity Share of the face value of Re. 1/-, subject to the provisions of the ESOP Scheme 2023. This intimation is also being made available on the Bank’s website https://www.kotak.bank.in/en/investor- relations/governance/sebi-listing-disclosures.html in terms of the Listing Regulations. This is for your information and appropriate dissemination. 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. This is a Confidential document.