CSB Bank Grants 5,90,469 Stock Options to Eligible Employees Under ESOP Scheme 2019

CSB Bank 's Nomination & Remuneration Committee ("Committee") of the Board of Directors, in its meeting held on May 18, 2026, approved the grant of 5,90,469 stock options to eligible employees under the CSB Employee Stock Option Scheme 2019 ("Scheme"). The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Committee meeting commenced at 9.30 a.m. and concluded at 10.05 a.m. on the same date.

Key Details of the Stock Option Grant

The options are exercisable into not more than 5,90,469 fully paid-up equity shares of face value Rs. 10/- each of the Bank. The exercise price has been set at Rs. 358.65 per equity share, determined based on the latest available closing price on the National Stock Exchange of India Limited (NSE)—the exchange that recorded the highest trading volumes in the Bank's equity shares—on Friday, May 15, 2026, being the previous trading day immediately preceding the date of the grant approval.

The following table summarises the key parameters of the stock option grant:

Parameter: Details Total Options Granted: 5,90,469 Shares Covered: 5,90,469 fully paid-up equity shares of face value Rs. 10/- each Exercise Price: Rs. 358.65 per equity share Pricing Formula: Closing price on NSE on May 15, 2026 (previous trading day) Scheme: CSB Employee Stock Option Scheme 2019 Regulatory Compliance: SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021

Vesting Schedule

The granted options will vest in four tranches over a period of 48 months from the grant date of May 18, 2026. The vesting schedule is structured as follows:

25% of options granted (rounded off to the nearest 100) shall vest on completion of 12 months from the grant date, i.e., on May 18, 2027

25% of options granted (rounded off to the nearest 100) shall vest on completion of 24 months from the grant date, i.e., on May 18, 2028

25% of options granted (rounded off to the nearest 100) shall vest on completion of 36 months from the grant date, i.e., on May 18, 2029

Balance options granted shall vest on completion of 48 months from the grant date, i.e., on May 18, 2030

Exercise Period and Scheme Compliance

The exercise period for employees continuing in employment or service is within 3 years from the date of vesting. In cases of separation, the exercise period will be governed as per the terms of the Scheme. All other terms and conditions applicable to the granted options remain as per the CSB Employee Stock Option Scheme 2019.

The Scheme has been formulated and approved by the shareholders of the Bank in accordance with the provisions of the SEBI (Share Based Employee Benefits) Regulations, 2014, which has since been replaced by the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The disclosures have also been made in compliance with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. This intimation has been made available on the Bank's official website.

CSB Bank has notified the stock exchanges of its upcoming participation in an investor conference, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made on May 16, 2026, and pertains to an event scheduled for May 21, 2026.

Investor Conference Details

The bank will be attending the Yes Securities – India Manthan Conference, an institutional investor event to be held in Mumbai. The key details of the event are as follows:

Parameter: Details Date of Event: May 21, 2026 Conference Name: Yes Securities – India Manthan Conference Venue: Mumbai Type of Event: Investor Conference Sharing of UPSI: No

Regulatory Compliance and Disclosure

The communication was issued under reference number SEC/108/2026 and addressed to both BSE Limited and the National Stock Exchange of India Ltd. The bank has explicitly confirmed that no unpublished price sensitive information (UPSI) will be shared during the course of the conference, in accordance with applicable regulatory requirements.

CSB Bank has also noted that the schedule may be subject to change due to exigencies on the part of attendees or the bank itself. Any revision to the schedule will be communicated to the stock exchanges accordingly. A list of institutional investors and analysts with whom the bank management interacts during the conference will be submitted to the stock exchanges following the event.

The disclosure was signed by Sijo Varghese, Company Secretary of CSB Bank, and digitally authenticated on May 16, 2026.

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