Intimation regarding change in designation of Mr Rajat Grover a Senior Management Personnel of the Company

Ref. No.: FM/CS/2026/377 Date: August 20, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza Plot No. C/1 Phiroze Jeejeebhoy Towers G Block Bandra – Kurla Complex Dalal Street Bandra East Mumbai – 400 051. Mumbai – 400 001. Scrip Symbol: SBIFUNDS Scrip Code: 544829 Sub: Outcome of the Board Meeting Dear Sir / Madam, Pursuant to Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the SEBI Listing Regulations) along with relevant SEBI circulars, we wish to inform you that the Board of Directors of SBI Funds Management Limited (“the Company”), at its meeting held today, i.e., August 20, 2026 inter-alia took note of the following: 1. Mr. Rajat Grover, who is currently a Senior Management Personnel and designated as Chief Human Resources Officer and Head Corporate Social Responsibility will take on the additional responsibility of overseeing sustainability for the Company. He is accordingly designated as Chief People & Sustainability Officer (CPSO). Requisite details as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (as amended) is enclosed as Annexure I. This intimation is also available on the Company’s website at https://sbifunds.com in compliance with Regulation 46 of the SEBI Listing Regulations. The Board Meeting commenced at 05:42 p.m. (IST) and concluded at 07:09 p.m. (IST) You are requested to take note of the above and disseminate on your websites. For SBI Funds Management Limited Vinaya Datar Chief Compliance Officer, Company Secretary and Head Legal Membership No.: ACS 15527 Encl: As above Annexure – I Sr. Particulars Details of Change 1. Reason for change viz. appointment Change in designation of Mr. Rajat Grover. He continues re- appointment, resignation, as SMP in the Company. removal, death or otherwise; 2. Date of appointment / re- Effective date of change in designation is August 20, 2026. appointment / cessation (as applicable) & term of Term: Not Applicable appointment / re-appointment. 3. Brief Profile (In case of Not Applicable appointment). 4. Disclosure of relationships between Not Applicable directors (in case of appointment of a director).