Axis Bank Limited — M&A Activity 2022

Jul 26, 2022

AXIS/CO/CS/230/2022-23

July 26, 2022

Chief Manager, Listing & Compliance Department National Stock Exchange of India Limited Exchange Plaza, 5th Floor Plot No. C / 1 , "G" Block Bandra-Kurla Complex Bandra (E), Mumbai - 400 051

Deputy General Manager, Listing Department BSE Limited P. J. Towers, Dalal Street, Fort, Mumbai - 400 001

BSE Scrip Code : 532215

NSE Symbol: AXISBANK

Dear Sir(s),

SUB: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Receipt of approval of Competition Commission of India.

This is in reference to our letter no. AXIS/CS/C0/697/2021-22 dated March 30, 2022, informing you about purchase of the Citibank's India Consumer Business from Citibank N.A. (acting through its branch in India) ("CBNA") and the NBFC Consumer Business from Citicorp Finance (India) Limited ("CFIL") , subject to fulfilment of specific conditions and obtaining requisite approvals.

In this regard, we would like to inform you that we have received intimation from the Competition Commission of India vide its letter dated July 26, 2022, that the combination has been considered and approved at its meeting held on July 25, 2022.

This is for your information and records.

Thanking you,

Yours Sincerely,

For Axis Bank Limited

\� . �' San�� � ny Secretary CC : London Stock Exchange Singapore Stock Exchange

LEGAL & CS : Axis House, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400 025 Registered Address: "Irlshul" - 3rd Floor, Opp. Samartheswar Temple, Near Law Garden, Ellisbridge, Ahmedabad - 380006. Telephone No.: 079-26409322 Fax No.: 079-26409321 CIN: L65110GJ1993PLC020769 Website: www.axisbank.com