Shareholders meeting

Ref No. IRC/95/2026-27 07.07.2026 The General Manager, The Vice President, Department of Corporate Services, National Stock Exchange Ltd., BSE Limited, Exchange Plaza, C-1 Block G, Floor 1, P.J. Towers, Dalal Street, Bandra-Kurla Complex, Bandra (E), Mumbai 400 001 Mumbai – 400 051 BSE SCRIP CODE: 532388 NSE SCRIP CODE: IOB Dear Sir/ Madam, Outcome of 26th Annual General Meeting held on 07th July 2026. In terms of Regulation 30 and Entry No. 13 of Para A of Part A and Entry No. 23 of Para A of Part B to Schedule III of SEBI (LODR) Regulations, 2015 r/w Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30.01.2026 as amended up to date, we are enclosing brief proceedings of the 26th Annual General Meeting of the Bank held on 07th July 2026 (Tuesday) at 11.00 a.m. (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) at Chennai. The Resolutions mentioned in the notice of the AGM dated 21st May 2026 were passed by Shareholders of the Bank with requisite majority. This is for your kind information and appropriate dissemination. Yours faithfully, Raghuram Mallela Deputy General Manager/ Company Secretary & Compliance Officer Indian Overseas Bank, Investor Relations Cell, Central Office, 763 Anna Salai, Chennai 600 002 044 – 7172 9791, 2888 9360 | investor@iob.bank.in Indian Overseas Bank Investor Relations Cell Central Office Proceedings of the 26th Annual General Meeting (AGM) of the Shareholders of Indian Overseas Bank held through Virtual Mode on Tuesday, 07.07.2026 at 11:00 a.m. at Central Office, 763 Anna Salai, Chennai 600 002 Total Number of Shareholders who attended the meeting through Virtual Mode Total Number of Proxies who attended the meeting N.A. In accordance with the AGM Notice dated 21.05.2026, the Twenty Sixth Annual General Meeting of the Bank through VC / OAVM was held today, the 7th day of July, 2026 (Tuesday) at 11:00 a.m. IST at Central Office, Chennai (the deemed venue of the meeting) in compliance with MCA (Ministry of Corporate Affairs) / SEBI / GOI guidelines. In terms of Regulation 59 of Indian Overseas Bank (Shares and Meetings) Regulations, 2003, Shri Srinivasan Sridhar, Non-Executive Chairman of the Bank, chaired the meeting and called the meeting to order. Chairman welcomed the shareholders and informed that the 26th Annual General Meeting of the Bank is being held through virtual mode in accordance with the circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India in this regard. The Chairman informed that the authorized representative of Government of India, Shri. Jnanatosh Roy, Under Secretary, Department of Financial Services, Ministry of Finance, Government of India, New Delhi attended the meeting through VC / OAVM. The Chairman then introduced the Directors present by way of Video Conferencing. The Chairman thereafter informed that Notice dated May 21, 2026 convening the AGM together with the Integrated Annual Report for the financial year ended March 31, 2026, had already been circulated via e-mail dated 11.06.2026 to the shareholders and was published in ‘Financial Express (English Daily), Dinamani (Tamil Daily) and Jansatta (Hindi Daily) on 13.06.2026, and with the permission of the shareholders, the same was taken as read. 1 | P age The Chairman then addressed the shareholders and briefed them on the economic and banking environment. The Chairman then requested the MD & CEO Shri. Ajay Kumar Srivastava to address the shareholders. MD & CEO briefed the shareholders on the highlights of the Bank’s performance during the financial year 2025-26 under review as well as the road ahead for the Bank. The Chairman then requested Shri Raghuram Mallela, Deputy General Manager & Company Secretary of the Bank to continue the proceeding of AGM and brief about the agenda items of the AGM. The Company Secretary then took up the agenda items for the meeting viz. ➢ The First Agenda is an ordinary business to discuss, approve and adopt the Audited Standalone and Consolidated Balance Sheet of the Bank as of March 31, 2026, Standalone and Consolidated Profit and Loss account and Cash Flow Statement for the year ended on that date, the Report of the Board of Directors on the working and activities of the Bank for the period covered by the Accounts and the Auditors' Report on the Balance Sheet and Accounts. ➢ The Second Agenda is a special resolution to raise equity share capital up to ₹5,000 crores (including share premium, if any), in one or more tranches, by way of Follow-on Public Offer/ Rights Issue/ Qualified Institutional Placements / ESPS / Issue of shares on preferential basis to LIC and other insurance companies / Mutual Funds / QIBs or any other mode or combination thereof. ➢ The Third Agenda is a Special Resolution seeking shareholders’ approval to appropriate accumulated losses as on 31.03.2026 from Share Premium account. ➢ The Fourth Agenda is an ordinary Resolution seeking shareholders’ approval for Extension of tenure of Shri Ajay Kumar Srivastava, Managing Director & Chief Executive Officer, as Whole-time Director of the Bank beyond his currently notified term which expired on 31.12.2025, from 01.01.2026 till 08.10.2027. The Company Secretary informed that the Bank had appointed M/s. Central Depository Services (India) Limited (CDSL) as e-Voting agency to provide remote e-voting and e-voting facility at the Annual General Meeting to enable 2 | P age the shareholders to cast their votes electronically on agenda as stated in the Notice. The Chairman stated that the remote e-voting was held between the period from 9.00 a.m. on July 03, 2026 to 5.00 p.m. on July 06, 2026. He also informed that Mr. R Sridharan of M/s. R Sridharan & Associates, Company Secretaries, have been appointed as Scrutinizer for both remote e-voting and e-voting at the Annual General Meeting. Before the commencement of e-voting, the Chairman invited the shareholders who have registered themselves for speaking in the discussion and to make their observations, if any, on the agenda items. Some of the shareholders participated in the discussion and raised various queries and sought clarifications. Thereafter, the Chairman requested the MD & CEO to respond to the queries of the Shareholders. MD & CEO replied summarily to the queries/observations made by the speaker shareholders on the overall business performance and agenda items mentioned in the notice. The Chairman informed that the consolidated results of remote e-voting and the e- voting at the virtual Meeting will be uploaded on the website of the Bank as well as on the website of CDSL and same will also be disclosed to the stock exchanges within two working days. Thereafter the Chairman thanked all the shareholders for the presence & support and informed that e-voting facility is available for the members who had not casted their vote through remote e-voting to cast their vote through e- voting during the meeting. The Chairman declared the 26th Annual General Meeting as concluded once the shareholders present at the meeting cast their e-votes. All the four Agendas as set out in Agenda item Nos. 01 to 04 in the Notice dated May 21, 2026 of the Annual General Meeting were passed with requisite majority. Thereafter, the AGM concluded at 12:50 p.m. Date: 07.07.2026 Raghuram Mallela Place: Chennai DGM & Company Secretary 3 | P age