Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), the Board of Directors ....

SH: 42 I 2026-27 (cid:9) August 19,, 2026 The General Manager The Manager, Department of Corporate Services Listing Department, BSE Limited National Stock Exchange of India Limited I Floor, New Trading Ring 'Exchange Plaza', Bandra - Kurla Complex Rotunda Building, P J Towers Bandra (E), Mumbai - 400 051 Data! Street Fort, Mumbai - 400 001 Dear Sir, Sub: Outcome of Board Meeting Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), the Board of Directors of Dhanlaxmi Bank Limited ("Bank") based on the recommendation of the Nomination and Remuneration Committee ("Committee"), considered and approved the adoption of share based employee benefit scheme under the name and style of "Dhanlaxmi Bank Limited Employee Stock Option Plan - 2025", subject to the approval of the Members of the Bank. The details as required under the Listing Regulations read with SEBI Master Circular No. SEBI/HO/49/ 14/1 4(7)2025-CFD-POD2/L13762/2026 dated January 30, 2026, with respect to above, is given in Annexure A. Please take the same on record. The Board meeting commenced at 02.00 PJ and concluded at 3.30 P.M Thanking you, Yours faithfully, Venkatesh.H Company Secretary & Secretary to the Board Corporate Office: Dhanlaxmi Bank Limited, Corporate Office, Punkunnam, Thrissur, Kerala-680 002. Pt): 0487 7107100, 2226100 Registered Office: Ohanlors-ni Bank Limited, Dhanalakshmi Buildings, Naickanal, Thnssur, Kerala-680 001 Ph: 0487 2999711. Fax: 0487 2335367, Corporate ldenttty No. 165191 <11 927P1C000307 Customer care e-mail id: cusfomercare@dhanbank.co.in Customer care No: 044-42413000 (cid:9) www.dhanbcnk.com Annexure A S. No. Particulars Details 1. Brief (cid:9) details (cid:9) of (cid:9) options On (cid:9) the (cid:9) recommendation (cid:9) of (cid:9) the (cid:9) Nomination (cid:9) and granted Remuneration Committee, the Board of Directors of the Bank have approved the formulation of 'Dhanlaxmi Bank Limited Employee Stock Option Plan 2025' ("ESOP 2025"), with the authority to grant not exceeding 27628919 (Twenty Seven Million Six Hundred Twenty Eight Thousand and Nine Hundred Nineteen) employee stock options, to be granted to the eligible employees as determined by the Nomination and Remuneration Committee. Currently, no grants are being made under ESOP 2025 since the same is subject to approval of shareholders of the Bank. 2. Whether the scheme is in Yes, ESOP 2025 is in compliance with SEBI (Share Based terms (cid:9) of (cid:9) SEBI (cid:9) (Share Employee Benefits and Sweat Equity) Regulations, 2021 Based Employee Benefits and (cid:9) Sweat (cid:9) Equity) Regulations, (cid:9) 2021 (cid:9) (if applicable) 3. Total (cid:9) number (cid:9) of shares 27628919 (Twenty Seven Million Six Hundred Twenty Eight covered by these options Thousand and Nine Hundred Nineteen) equity shares of face value of Rs. 10/- (Rupees Ten only) each fully paid-up. 4. Pricing Formula The exercise price per option shall be equal to the market price of the share as on the date of grant of options i.e. the latest available closing price on a recognised stock exchange on which the shares of the Bank are listed and having registered (cid:9) the (cid:9) highest (cid:9) trading (cid:9) volume (cid:9) on (cid:9) the (cid:9) date immediately prior to the date of grant. 5. Options Vested Not (cid:9) p1ioab1e at this stage 6. Time within which options The exercise period for the vested options shall be period of may be exercised 4 (four) years after each vesting. 7. 1 Options exercised Not applicable at this stage 8. Money realized by exercise Not applicable at this stage of options 9. The total number of shares Not applicable at this stage arising (cid:9) as (cid:9) a (cid:9) result (cid:9) of exercise of option 10. Options lapsed Not applicable at this stage 11. Variation (cid:9) of (cid:9) terms (cid:9) of Not appiicable at this stage Corporate Office: Dhanlaxrni Bank Limited, Corporate Office, Punkunnam, Thrissur, Kerala-680 002. Ph: 0487 7107100, 2226100 Registered Office: Dhanlaxmi Bank Limited, Dhanalakshmi Buildings, Naickanal, Thitssur, Kerala-680 001 Ph: 0487 2999711 Fax 0487 2335367, Corporate Identity No. L65191 KL1927PLC000307 Customer care e-mail d: customercare@dhanbank.co.in Customer care No: 044-42413000 (cid:9) www.dhonbcnk.com options 12. Brief details of significant Significant terms will be disclosed as explanatory statement terms forming part of annual general meeting notice. 13. Subsequent (cid:9) changes (cid:9) or Not applicable at this stage cancellation or exercise of such options 14. Diluted earnings per share Not applicable at this stage pursuant to issue of equity shares (cid:9) on (cid:9) exercise (cid:9) of options Corporate Office: Dhanlaxmi Bank Limited, Corporate Office, Punkunnam, Ttstssur, Kerala-680 002, Ph: 0487 7107100, 2226100 Registered Office: Dhanloxmi Bank Limited, Dhanalakshmi Buildings, Naickanal, Thhssur, Kerala-680 001 Ph: 04872999711, Fax: 0487 2335367, Corporate Identity No. L65191KL1927PLC000307 Customer care e-mail customercare@dhanbaxrk.co.ln Customer care No: 044-42413000 (cid:9) www.dhanbank.com