Axis Bank Limited — Share Issue/Capital Change 2020

Feb 17, 2020

AXIS/CO /CS/976/2019-20

1 7th February 2020

The Chief Manager

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

The Senior General Manager (Listing)

BSE Limited 1st Floor, New Trading Ring, Rotunda Building P. J. Towers, Dalal Street Fort, Mumbai - 400 001

Dear Sir(s),

SUB: ALLOTMENT OF EQUITY SHARES UNDER ESOP

We are pleased to inform that the Bank hos allotted 88,300 equity shares of Rs. 2/- each of the Bank on 17th February 2020, pursuant to exercise of stock options under its ESOP Scheme.

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The paid up share capital of the Bank will accordingly increase from Rs. Rs. 564, 14,03, 190 (282,07,01,595 equity shares of Rs. 2/- each) to Rs. 564, 15,79,790 (282,07,89,895 equity shares of Rs. 2/- each).

You are requested to take the above on record.

Yours Sincerely, For Axis Bank Limited � Girish V Koliyote .. . Company S 2 �tary

CC to: Shri Chandrashekhar Tilak, Executive Vite President, NS'b'(

Shri Krishnamurthy Iyer, Assistant Vice President, CDSL.

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