Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations), this is to inform you that on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Bank at its meeting held today i.e. October 23, 2026, has approved the re-appointment of Mr. Praveen Kutty as the Managing Director & CEO of the Bank for a further period of three (3) years with effect from April 29, 2027 to April 28, 2030 (both days inclusive) on such terms & conditions as may be approved by the RBI, subject to the subsequent shareholders' approval. Mr. Praveen Kutty is not debarred from holding office of director by virtue of any SEBI order or any other such authority and he is not related to any other Director or Key Managerial Personnel of the Bank