Axis Bank Limited — Board/Management Information 2021

Jan 22, 2021

AXIS/CO/CS/490/2020-21

22[nd] January 2021

Chief Manager, The Deputy General Manager – Listing & Compliance Department Listing Department National Stock Exchange of India BSE Limited Limited 1[st] Floor, New Trading Ring, Rotunda Exchange Plaza, 5th Floor Building Plot No. C/1, “G” Block P. J. Towers, Dalal Street Bandra-Kurla Complex Fort, Bandra (E), Mumbai – 400 051 Mumbai – 400 001 NSE Symbol: AXISBANK BSE Scrip Code : 532215

Dear Sir(s),

SUB: RESIGNATION OF SHRI B. BABURAO AS A NON-EXECUTIVE DIRECTOR [NOMINEE OF THE SPECIFIED UNDERTAKING OF UNIT TRUST OF INDIA (SUUTI)], PROMOTER OF THE BANK. REF: REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 (SEBI LISTING REGULATIONS).

This is to inform you that Shri B. Baburao, Non-Executive Director [Nominee of The Specified Undertaking of Unit Trust of India (SUUTI)], Promoter of the Bank has tendered his resignation as a Nominee Director, with effect from Friday, 22[nd] January 2021, consequent to withdrawal of his nomination by SUUTI.

On behalf of all Employees and the Directors of the Bank, we would like to acknowledge the invaluable contributions rendered by Shri B. Baburao during his tenure as a Non-Executive Director of the Bank and place on record its deep appreciation for the insightful perspectives and suggestions provided by him at the meetings of the Board/Committees of the Bank.

The Bank has initiated the succession planning process for the appointment of new nominee of SUUTI in place of Shri B. Baburao and the disclosures regarding the same will be made post approval of the same by the Board of Directors of the Bank.

You are requested to take note of above and arrange to bring this to the notice of all concerned.

Thanking You,

Yours Sincerely,

For Axis Bank Limited

GIRISH Digitally signed VASUDEV by GIRISH VASUDEVAN AN KOLIYOTE Date: 2021.01.22 KOLIYOTE 16:33:54 +05'30'

Girish V. Koliyote Company Secretary

AXIS BANK

Legal & CS: Axis House, Wadia International Centre, Pandurang Budhkar marg, Worli, Mumbai 400 025 Registered Address: "Trishul" - 3rd Floor, Opp. Samartheswar Temple, Near Law Garden, Ellisbridge, Ahmedabad - 380006. Telephone No.: 079-26409322 Fax No.: 079-26409322 CIN : L65110GJ1993PLC020769 Website: www.axisbank.com