CSB Bank Limited — Director's Dealing 2021

Mar 30, 2021

==> picture [216 x 66] intentionally omitted <==

SEC/105/2021 March 30, 2021

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,

Grant of Stock options to Mr. C. VR. Rajendran, Managing Director & CEO of the Bank

---

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Securities and Exchange Board of India Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 and subject to the provisions of the Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014 (collectively referred to as ‘SEBI Regulations’) and in accordance with ‘CSB Employee Stock Option Scheme 2019’ (“ESOS 2019”/ “Scheme”), we wish to inform you that the Nomination and Remuneration Committee (“Committee”) of the Board of Directors of the Bank in its meeting held on March 30, 2021, has approved grant of 4,33,150 stock options (“Options”) to Mr. C. VR. Rajendran, Managing Director & CEO of the Bank under the Scheme, exercisable into not more than 4,33,150 equity shares of face value of Rs. 10/- each fully paid-up of the Bank, as per the approval granted by Reserve Bank of India (“RBI”). The disclosures required as per the SEBI Regulations are given below:

a) Brief details of stock options grantedb) Whether the scheme is in terms of SEBI(ShareBasedEmployeeBenefits)Regulations,2014(if applicable);c) Total number of shares covered by theseOptions;d) Pricingformula;e) Options vested;f) Time within which Option may beexercised;g) Options exercised;h) moneyrealized byexercise of Options;i) the total number of shares arising as aresult of exercise of Option;j) Options lapsed;

4,33,150 options to Mr. C. VR. Rajendran,Managing Director & CEO of the Bank as perthe approval granted by Reserve Bank ofIndia,vide letter dated March 23,2021.Yes4,33,150 fully paid up equity shares of theBank of face value of Rs.10/- each.The exercisepriceper Option is Rs. 75/-NILThe vested Options shall be exercisablewithin the exercise period as per the Schemeread with the approved terms of the RBI.NilNilNilNil

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

==> picture [596 x 15] intentionally omitted <==

==> picture [216 x 66] intentionally omitted <==

k) variation of terms of options	Nil
l) brief details of significant terms;	Vesting of Options is subject to the vestingschedule as per the Scheme and approvedterms of the RBI.All other terms are asper the Scheme.
m) subsequent changes or cancellation orexercise of such Options;	Nil
n) diluted earnings per share pursuant toissue of equity shares on exercise ofOptions.	Options are yet to be exercised

Kindly take the same on your records.

Thanking You,

Yours faithfully,

Digitally signed by SIJO VARGHESE DN: st=KERALA, serialNumber=da67d16a892dbce0f63c24 SIJO VARGHESE da300ebd6a93ef99e00629fb3f519fd7bc49a7ccee, postalCode=680020, ou=SECRETARIAL DEPARTMENT, o=CSB BANK LIMITED, c=IN, cn=SIJO VARGHESE Date: 2021.03.30 18:19:20 +05'30'

Sijo Varghese Company Secretary

==> picture [596 x 15] intentionally omitted <==

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