CSB Bank Limited — Board/Management Information 2024

Mar 4, 2024

SEC/83/2024 March 4, 2024

BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, 5[th] floor, Dalal Street, Bandra-Kurla Complex, Mumbai 400001. Bandra (E), Mumbai 400051. Scrip code: 542867 Symbol: CSBBANK

Dear Sir/Madam,

Receipt of approval of Reserve Bank of India for appointment of Mr. B K Divakara (DIN:06439053) as Whole-time Director (Executive Director) of CSB Bank Ltd (the “Bank’’)

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Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“ SEBI Listing Regulations ”) and in continuation to our letter no. SEC/424/2023 dated December 14, 2023, we wish to inform you that Reserve Bank of India (“ RBI ”) vide its letter dated March 4, 2024 has conveyed its approval in terms of Section 35B of the Banking Regulation Act, 1949, for the appointment of Mr. B K Divakara (DIN: 06439053) as Whole-time Director (Executive Director) of the Bank for a period of three (3) years with effect from the date of taking charge. Kindly note that a meeting of the Nomination & Remuneration Committee and the Board will be convened in due course to consider the appointment.

The Bank will seek approval of the shareholders for the said appointment within the prescribed period as per the applicable provisions of the Companies Act, 2013 and SEBI Listing Regulations.

The disclosures as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, in connection with appointment of Directors is given as Annexure- I.

The brief profile of Mr. B K Divakara is provided in Annexure – A attached to this intimation.

Kindly take the same on record.

Thanking You,

Yours faithfully,

Digitally signed by SIJO VARGHESE DN: st=KERALA, serialNumber=da67d16a892dbce0f63c SIJO 24da300ebd6a93ef99e00629fb3f519fd 7bc49a7ccee, postalCode=680020, ou=BOARD AND SHARES VARGHESE DEPARTMENT, o=CSB BANK LIMITED, c=IN, cn=SIJO VARGHESE Date: 2024.03.04 19:54:03 +05'30' Sijo Varghese Company Secretary

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CSB Bank Limited Regd. Office: CSB Bhavan, St. Mary's College Road, Thrissur – 680020, Kerala, India. Tel : +91 487–2333020 | Fax : +91 487–2338764 | Website : www.csb.co.in | Email : board@csb.co.in | CIN : L65191KL1920PLC000175

Annexure - I

Disclosures required under Regulaton 30 of the SEBI (Listng Obligatons and Disclosure - Requirements) Regulatons, 2015 read along with SEBI Circular No. SEBI/HO/CFD/CFD PoD1/P/CIR/2023/123 dated July 13, 2023.

Sl No.		Details of events that provided	needs to be	Informaton of such event(s)
1.		Reason for change viz. ~~resinaton~~ ~~removal~~	appointment, ~~death~~ ~~or~~	Appointment of Mr. B K Divakara (DIN: 06439053) asWhole-tme Director (Executve Director)of the Bank for a period of three (3) years from the date of taking charge.
		~~g, ~~ ~~,~~ otherwise;
2.		Date of appointment~~/cessaton (as~~ ~~applicable)~~& term of appointment;		Appointment is for a period of three (3) years from the date of taking charge.
4.		Brief profle (in case of appointment);		Atached as Annexure A.
5.		Disclosure of relatonships between directors (in case of appointment of a director). .		Mr. B K Divakara is not related to any Director of the Bank.
6.		Informaton as required under BSE circular Number LIST/COM/14/2018- 19 dated June 20, 2018 and NSE circular no. NSE/CML/2018/24 dated June 20,2018.		Mr. B K Divakara is not debarred from holding the ofce of Director by virtue of any Securites and Exchange Board of India order or any other such authority.

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CSB Bank Limited Regd. Office: CSB Bhavan, St. Mary's College Road, Thrissur – 680020, Kerala, India. Tel : +91 487–2333020 | Fax : +91 487–2338764 | Website : www.csb.co.in | Email : board@csb.co.in | CIN : L65191KL1920PLC000175

ANNEXURE A

BRIEF PROFILE OF Mr. B K DIVAKARA

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Name: Mr. B K Divakara

DIN: 06439053 Date of Birth: July 17, 1960

Background & Professional Experience:

Mr. B K Divakara has varied banking experience spanning across different spheres over a period of 37 years. He had worked closely in Finance, Credit, Priority Sector Lending, Balance Sheet Management, Profit Planning & Forecasting, Capital Raising Program, Investors Relations, Credit Monitoring, Recoveries, Operations, Treasury, Internal Audit, Risk Management, Transaction Banking etc. and gained enough experience.

Mr. B. K. Divakara is currently holding the position of Head - Strategy & Corporate Legal at the Bank with effect from June 5, 2023. Prior to that, he had held the position of Chief Financial Officer from February 5, 2020 till June 4, 2023.

Prior to joining the CSB Bank, Mr. B K Divakara was Executive Director of Central Bank of India for a period of five years, from 23.01.2014 to 22.01.2019. He had held various senior positions at Corporation Bank, including that of General Manager, Credit, till he moved to Central Bank of India. He was also the Non-Executive Chairman of Centbank Financial Services Ltd. and Centbank Home Finance Ltd.

Educatonal Qualifcaton:

Mr. B K Divakara, is an associate member of the Institute of Chartered Accountants of India, Institute of Company Secretaries of India and Institute of Cost and Management Accountants of India. He also holds Bachelor’s Degree in Business Management.

Directorships in other companies:

Nil.

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CSB Bank Limited Regd. Office: CSB Bhavan, St. Mary's College Road, Thrissur – 680020, Kerala, India. Tel : +91 487–2333020 | Fax : +91 487–2338764 | Website : www.csb.co.in | Email : board@csb.co.in | CIN : L65191KL1920PLC000175