General Updates

AXIS/CO/CS/355/2026-27 August 24, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, P. J. Towers, Plot No. C/1, “G” Block Dalal Street Bandra-Kurla Complex Fort, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 NSE Symbol: AXISBANK BSE Scrip Code: 532215 Dear Sir/Madam, Sub.: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 We wish to inform you that the Bank has decided to exercise the Call Option in respect of US$600,000,000 4.10 per cent. Additional Tier 1 Notes (“Notes”) issued on September 8, 2021, in accordance with the Terms and Conditions of the Notes issued under the Offering Circular dated August 19, 2021. The Bank will redeem the said Notes in full on the First Call Date, i.e., September 8, 2026, at the applicable redemption price together with accrued and unpaid interest/distributions, in accordance with the Terms and Conditions of the said Notes. A letter dated August 24, 2026, has been issued to The Bank of New York Mellon, London Branch, trustee to the Notes, as attached in Annexure below, with an instruction to issue a notice of redemption to all the eligible Noteholders as per the prescribed timelines and mode of delivery. The terms and conditions of the call exercise are given below: Nature of Description ISIN CUSIP Amount Call/redemption Redemption Securities of securities Outstanding date Price Additional US$ USY1009XAA73 Y1009XAA7 US$600,000,000 September 8, 100% (par) Tier 1 600,000,000 2026 Notes 4.10 per cent. US05464XAA37 05464X Additional Tier 1 Notes This is for information of all concerned in compliance with the applicable provisions of the Listing Regulations. Thanking you, With warm regards, For Axis Bank Limited Sandeep Poddar Company Secretary Encl.: as above CC: London Stock Exchange Singapore Stock Exchange Annexure AXIS BANK LIMITED NOTICE OF FULL REDEMPTION To the Noteholders of the U.S.$600,000,000 4.10 per cent. Additional Tier I Notes (the “Notes”) (ISIN: US05464XAA37, CUSIP: 05464X AA3, Common Code: 238460808 (Rule 144A); ISIN: USY1009XAA73, CUSIP: Y1009X AA7, Common Code: 238538416 (Regulation S) With a copy to: The Bank of New York Mellon, London Branch 160 Queen Victoria Street London EC4V 4LA United Kingdom (as the Trustee) The Bank of New York Mellon 240 Greenwich Street New York NY 10286 United States of America (as the Paying Agent, Calculation Agent, Registrar, Transfer Agent and Exchange Agent (for DTC Notes)) The Bank of New York Mellon SA/NV, Luxembourg Branch Vertigo Building-Polaris 2-4 rue Eugene Ruppert L-2453 Luxembourg (as the Registrar and Transfer Agent (for Non-DTC Notes)) August 24, 2026 Ladies and Gentlemen: On behalf of Axis Bank Limited (the “Issuer”), this Notice of Full Redemption (this “Notice”) is being furnished to you pursuant to Condition 6.3 of the Notes, as constituted by the amended and restated note trust deed dated as of 19 August 2021 (as amended, varied, novated or supplemented from time to time, the “Trust Deed”), among, inter alios, the Issuer and The Bank of New York Mellon, London Branch, as the trustee (the “Trustee”). Unless otherwise specified herein, capitalized terms used herein have the meanings ascribed to such terms in the Trust Deed. This Notice serves as notice that: 1 Pursuant to Condition 6.3 of the Notes, the Issuer has elected to redeem 100% of the aggregate outstanding principal amount of the Notes (the “Redemption”). 2 The Redemption date will be on or around 8 September 2026 (the “Redemption Date”). The record date is the close of business on the Business Day prior to the Redemption Date. 3 The redemption price shall be 100.000% of the aggregate principal amount of the Notes plus accrued and unpaid interest, if any, to, but excluding, the Redemption Date (the “Redemption Price”). 4 Interest on the Notes called for Redemption shall cease to accrue on and after the Redemption Date. 5 Pursuant to Condition 6.12 of the Notes, we confirm that: (a) the Issuer has obtained the prior approval of the Reserve Bank of India (Department of Banking Regulation) on 31 July 2026; and (b) the Issuer has demonstrated to the satisfaction of the RBI that its capital position would, following such redemption, be well above its minimum capital requirements after the call option is exercised. Thanking You. Yours faithfully, For Axis Bank Limited SD/- Rituparna Banerjee Group Head- Markets, ALM & Syndication