Credit Rating

August 20, 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.: Credit Rating Pursuant to Regulations 30, 51 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), this is to inform you that S&P Global Ratings has, today, assigned a rating of BBB to the USD 650 million 5.478% Senior Notes to be issued / allotted under the USD 1 billion Euro Medium Term Note Programme established by the Bank on August 14, 2026. The rating rationale / opinion has been published by S&P Global Ratings today and is available on its website at https://www.spglobal.com/en. This intimation is also being hosted on the Bank’s website https://www.kotak.bank.in/en/investor- relations/governance/sebi-listing-disclosures.html in terms of the Listing Regulations. You are requested to kindly take the above information on record. 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.