Axis Bank Limited — Board/Management Information 2021

Jan 15, 2021

AXIS/CO/CS/480/2020-21

15[th ] January 2021

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

Dear Sir(s),

SUB.: CESSATION OF TENURE OF SHRI ROHIT BHAGAT, AS AN INDEPENDENT DIRECTOR OF AXIS BANK LIMITED. REF.: DISCLOSURE UNDER REGULATION 30 OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015.

This is to inform you that Shri Rohit Bhagat, Independent Director of the Bank has ceased to be an Independent Director of the Bank, with effect from the close of business hours on Friday, 15[th] January 2021, upon completion of the maximum permissible tenure of 8 continuous years, under Section 10A(2A) of the Banking Regulation Act, 1949.

On behalf of all Employees and the Directors of the Bank, we would like to acknowledge the invaluable contributions rendered by Shri Rohit Bhagat during his tenure as an Independent Director of the Bank and place on record our deep appreciation for the insightful perspectives and suggestions provided by him at the meetings of the Board/Committees of the Bank.

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

Thanking You.

Yours sincerely,

For Axis Bank Limited

GIRISH Digitally signed by GIRISH VASUDEVAN VASUDEVA KOLIYOTE N KOLIYOTE Date: 2021.01.15 17:17:04 +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