Canara Bank — Capital/Financing Update 2021

Aug 23, 2021

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23.08.2021

Ref:: SD:228/229/11/12: :2021 The Vice President The Vice President BSE Ltd. Listing Department Phiroze Jeejeebhoy Towers National Stock Exchange of India Ltd Dalal Street EXCHANGE PLAZA MUMBAI - 400 001 Bandra-Kurla Complex, Bandra IEI MUMBAI - 400 051 Scrip Code: 532483 Scrip Code: CANBK

Dear Sir/Madam,

• Sub : Qualified Institution Placement of Equity Shares of face value Rs. 10 each (the "Equity Shares") by Canara Bank (the "Bank") under the provisions of Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the "SEBI ICDR Regulations") (the "QIP")

Please refer to our letter dated August 17, 2021 intimating you about the meeting of the Sub Committee of the Board - Capital Planning Process of Board of Directors of the Bank to be held on August 23, 2021.

This is to inform you that in respect of the QlP, the Sub Committee of the Board - Capital Planning Process of Board of Directors of the Bank has, at its meeting held today, i.e., August 23, 2021, inter-alia, passed the following resolutions:

• (i) approved the closure of the issue period for QIP today (i.e., August 23, 2021 );

• (ii) approved the Issue Price of Rs.149.35 per Equity Share (including the share premium of Rs.139.35 per Equity Share), which is at a discount of Rs.6.23 per Equity Share i.e. 4.00437% to the Floor Price of Rs.155.58 per Equity Share determined as per the formula prescribed under Regulation 176( I) of the SEBI ICDR Regulations for an aggregate value of Rs.2500 Crore to be allotted to eligible qualified institutional buyers in the QIP;

• (iii) approved and adopted the placement document dated August 23, 2021, in connection with the QIP (the "Placement Document"); and

• (iv) approved the Confirmation of Allocation Note to be sent to the eligible qualified institutional buyers, intimating them of allocation of Equity Shares pursuant to the QIP.

The meeting of the Sub Committee of the Board - Capital Planning Process commenced at 05:00 p.m. and the meeting was concluded at 05:55 p.m.

We request you to take the above on the record, and the same be treated as compliance under applicable regulation(s) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Thanking you,

Yours faithfully, wa�� "� � '@ l!i!tfcl> � � mm! ASSISlanl irr� l1?a� 6 rflPXY Secretary COMPANY SECRETARY For CANARA BANK

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Secretarial Department Head Office F +91 80 22248831 112 JC Road, Bengaluru - 560002 T +91 80 22100250 www.canarabank.com