Shareholders meeting

August 31, 2026 The BSE Limited The National Stock Exchange of India Corporate Relationship Department Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra-Kurla Complex. Mumbai - 400 001 Bandra (E), Mumbai - 400 051 SCRIP CODE: 543066 SYMBOL: SBICARD SECURITY: Equity Shares/Debentures SECURITY: Equity Shares Dear Sirs, Re: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Proceedings of the 28th Annual General Meeting of the Company held on Monday, August 31, 2026 Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the 28th Annual General Meeting (AGM) of members of the Company was held on Monday, August 31, 2026 at 11 :00 A.M. (IST) through Video Conferencing (VC)/ Other Audio-Visual Means (OAVM). The meeting was held in compliance with all the applicable provisions of the Companies Act, 2013 ("the Act") and the Rules made thereunder read with General Circular No. 03/2025 dated September 22, 2025 read together with General Circular No. 20/2020 dated May 5, 2020, General Circular No. 17 /2020 dated April 13, 2020 and General Circular No. 14/2020 dated April 8, 2020 and other circulars issued in this regard (collectively referred to as "MCA Circulars"), and applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), read together with other circulars issued in this regard by Securities and Exchange Board of India. Requisite quorum being present, the meeting was called to order. As required, all the requisite Statutory Registers and other requisite documents were available electronically during the AGM for inspection of the Members. We would further like to inform that the resolutions pertaining to the following items as set out in the Notice of the 28th AGM dated July 25, 2026, were transacted at the said AGM: SBI Cards and Payment Services Ltd. DLF Infinity Towers, Tower C, Tel.: 18001801290 Registered Office, 12th Floor, Block 2, Building 3, Email: customercare@sbicard.com Unit 401 & 402, 4th Floor, Aggarwal Millennium Tower, DLF Cyber City, Gurugram -122002, Website, sbicard.com E 1,2,3, Netaji Subhash Place, Wazirpur, New Delhi -110034 Haryana, India CIN -L65999DL 1998PLC093849 SI. Particulars Type of No. Resolution Ordinary Business: 1. Adoption of Financial Statements Ordinary Resolution Consideration and adoption of the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the report of the Board of Directors and Auditors thereon along with the comments of the Comptroller and Auditor General of India (CAG). 2. Fixing of Auditors Remuneration Ordinary Resolution Authorization to the Board of Directors to fix the remuneration/fees of the Statutory Auditors (Single or Joint Auditors) of the Company, as may be appointed by the Comptroller and Auditor General of India (CAG), for the financial year 2026-27. 3. Confirmation of payment of the Interim Dividend for FY 2025-26 Ordinary Resolution Confirmation with regard to the payment of Interim Dividend of Rs. 2.50 (i.e. 25%) per equity share of Rs. 10 each, for the Financial Year ended March 31, 2026, as declared by the Board of Directors. Special Business: 4. To consider and approve the Material Related Party Transactions Ordinary with State Bank of India Resolution The voting on all the above resolutions was conducted through remote e-voting which commenced on Friday, August 28, 2026 at 10.00 A.M. (IST) and ended on Sunday, August 30, 2026 at 5.00 P.M. (IST). Further, the Members who had not cast their votes electronically and were otherwise not barred from doing so and had participated in the AGM were provided an opportunity to cast their votes through e-voting during the AGM. The presentation made by Smt. Salila Pande, Managing Director & CEO at the AGM is enclosed herewith. The meeting concluded at 11.56 A.M. (IST). The E-voting facility was kept open thereafter for next 30 minutes to enable the members to cast their vote. SBI Cards and Payment Services Ltd. DLF Infinity Towers, Tower C, Tel., 18001801290 Registered Office, 12th Floor, Block 2, Building 3, Email: customercare@sbicard.com Unit 401 & 402, 4th Floor, Aggarwal Millennium Tower, DLF Cyber City, Gurugram -122002, Website: sbicard.com E 1,2,3, Netaji Subhash Place, Wazirpur, New Delhi -110034 Haryana, India CIN -L65999DL 1998PLC093849 The voting results on the above resolutions will be communicated to the Stock Exchanges i.e. BSE Limited and National Stock Exchange of India Limited along with consolidated Scrutinizer's Report both on remote e-voting and e-voting at the aforesaid AGM within the stipulated time limit. The same will also be placed on the website of the Company (www.sbicard.com) and the website of NSDL (www.evoting.nsdl.com) and will also be displayed on the Notice Board at the Registered Office and the Corporate office of the Company. Kindly take the same on record. Thanking you, Yours faithfully, For SBI Cards and Payment Services Limited Payal Mittal Chhabra Chief Compliance Officer and Company Secretary Enclosed: As above SBI Cards and Payment Services Ltd. DLF Infinity Towers, Tower C, Tel.: 18001801290 Registered Office: 12th Floor, Block 2, Building 3, Email: customercare@sbicard.com Unit 401 & 402, 4th Floor, Aggarwal Millennium Tower, DLF Cyber City, Gurugram - 122002, Website: sbicard.com E 1,2,3, Netaji Subhash Place, Wazirpur, New Delhi -110034 Haryana, India CIN -L65999DL1 998PLC093849 O SBI Annual General Meeting FY26 Ms. Salila Pande Managing Director & CEO Aug 31, 2026 OSBI Card Brief outline (as on March 31, 2026) l1llt 2nd largest ~22 Million SBI’s 28 Credit Card cards in force credit card Years in issuer and growing subsidiary operations I I I I 22 200+ 4,218 ₹ ~60,500 Cr cobrand credit Sourcing full time Market card partners locations employees capitalisation I I I I SBI Card Internal OSBI Card FY26 at a glance GNPA Significantly lower @2.41 %, PAT 13% YoY New Accounts Total Spends Receivables - 12% + 29% + 2% Business Volumes 4,092K → 3,590K ₹ 333,480 Cr → ₹ 430,359 Cr ₹ 55,840 Cr → ₹ 56,926 Cr FY25 FY26 FY25 FY26 Mar 25 Mar 26 Total Income EBCC PAT + 11% + 6% +13% Income/ Profits ₹ 18,637 Cr → ₹ 20,708 Cr ₹ 7,452 Cr → ₹ 7,876 Cr ₹ 1,916 Cr → ₹ 2,167 Cr FY25 FY26 FY25 FY26 FY25 FY26 GCL % GNPA % ECL % Asset Quality - 34 bps - 67 bps - 39 bps 9.0 % → 8.6% 3.08 % → 2.41% 3.4% → 3.0% FY25 FY26 Mar 25 Mar 26 Mar 25 Mar 26 ROAA ROAE EPS (Basic) +11 bps -5 bps +13 % Profitability ratios 3.1% → 3.2% 14.6% → 14.6% ₹ 20.15 → ₹ 22.77 FY25 FY26 FY25 FY26 FY25 FY26 SBI Card Internal OSBI Card Our Strategic Objectives S01 Expanding customer Wide offerings to tap new S02 acquisition capabilities customer segments Accelerating Optimising risk transaction volume management Improving Technology for S06 card holder experience operational excellence SBI Card Internal OSBI Card Key Pillars Supporting Our Strategic Objectives Key Pillars Supported by trust & Deep industry Diversified portfolio of Our brand equity of pre- experience and of credit card eminent promoter – expertise to provide offerings and Strategic State Bank of India best-in-class experience customer acquisition capabilities Objectives .... @'~', 101n10 - AA .... o@.>1 I01ulO Expanding customer Advanced risk Highly experienced reach and scalable management and professional future-ready technology frameworks and data management team infrastructure analytics capabilities SBI Card Internal OSBI Card Our promise to value creation 'Make Life Simple' Technologically advanced company ensuring excellent service delivery Enhanced accessibility in India and beyond Our Key Differentiators Customised solutions to cater to diverse needs of the customers Only credit card company to offer 14 payment options SBI Card Internal OSBI Card IT IN [Showing first 8,000 characters — download PDF for full document]