Update

AXIS/CO/CS/358/2026-27 August 25, 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.: Further disclosure in relation to purchase of shares of Max Life Insurance Company Limited We refer to our earlier disclosure letter dated October 26, 2024 in relation to the Show Cause Notice (“SCN”) received by Axis Bank Limited (“Axis Bank”), and its subsidiaries, Axis Securities Limited (“ASL”) and Axis Capital Limited (“ACL”), through email from the Securities and Exchange Board of India (“SEBI”) on October 25, 2024. We now wish to inform that the Ld. Whole Time Member of SEBI has issued a Final Order No: WTM/AS/CFID/CFID-CORD/32677/2026-27 dated August 24, 2026 disposing off all proceedings against inter alia Axis Bank, ASL and ACL without issuance of any direction or imposition of any penalty. We kindly request you to take note of the above on record. Thanking you, With warm regards, For Axis Bank Limited Sandeep Poddar Company Secretary CC: London Stock Exchange Singapore Stock Exchange