General Updates

The Listing Department, The Listing Department, BSE Limited, National Stock Exchange of India Limited, Phiroje Jeejeebhoy Towers, Exchange Plaza, 5th Floor, C / 1, ‘G’ Block, 25th Floor, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai – 400001 Mumbai – 400051 BSE SCRIP Code: 500112 NSE SCRIP Code: SBIN CC/S&B/AND/2026-27/280 08.07.2026 Madam / Sir, Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Updates on IPO of SBI Funds Management Limited This is further to our letter no. CC/S&B/AND/2025-26/920 dated March 19, 2026 with regards to filing of the draft red herring prospectus dated March 19, 2026 by SBI Funds Management Limited (“SBIFM”), a subsidiary company of State Bank of India. In this respect, we further advise as under: We have been informed by SBIFM that it has filed a red herring prospectus dated July 8, 2026 with the Registrar of Companies, Mumbai – I at Mumbai (“RHP”), in relation to the proposed initial public offering of its equity shares of Rs. 1 (one) each (“Equity Shares”). This initial public offering is an offer for sale of up to 203,709,239 equity shares of face value of Rs. 1 (one) each, representing up to 10.0013% of its paid-up equity share capital for cash (“IPO” or “Offer”). The IPO comprises an offer for sale of up to 128,334,397 Equity Shares (amounting to 6.3007% of the paid-up equity share capital of SBIFM) by State Bank of India, and of up to 75,374,842 Equity Shares (amounting to 3.7006% of the paid-up equity share capital of SBIFM) by Amundi India Holding. The IPO remains subject to receipt of regulatory approvals, market conditions and other considerations. Further, State Bank of India has been informed by SBIFM that, in compliance with applicable law, including, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, Anchor Investors shall Bid one Working Day prior to the Bid/ Offer Opening Date, being Monday, July 13, 2026. Further, the Bid/Offer Period for QIBs will close one Working Day prior to the Bid/Offer Closing Date, i.e. Wednesday, July 15, 2026. IPO will be open for subscription by the public on Tuesday, July 14, 2026 and shall close on Thursday, July 16, 2026. The details required in terms of SEBI Master Circular no. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 are as annexed. (This announcement does not constitute an invitation or offer of securities for sale and is not an offer of securities for sale in any jurisdiction, including the United States. Any securities referred to herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "Securities Act") or any US state securities laws, and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in accordance with any applicable US state securities laws. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States. Defined terms used herein and not specifically defined shall have the meaning ascribed to such terms in the RHP.) This is for your information and appropriate dissemination. Yours faithfully, (Aruna N Dak) DGM (Compliance & Company Secretary) Encl: A/a