IDFC FIRST BANK LIMITED — Capital/Financing Update 2021

Feb 15, 2021

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IDFCFIRSTBANK/SD/288/2020-21

February 15, 2021

The Manager-Listing Department The Manager-Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East) Dalal Street, Fort, Mumbai – 400 051. Mumbai – 400 001. Tel No.: 022 – 2659 8237/ 38 Tel No.: 022 – 2272 2039/ 37/3121 NSE - Symbol – IDFCFIRSTB BSE- Scrip Code: 539437

Sub: Intimation under Regulation 29(1) read with Regulation 29(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir / Madam,

In order to participate in strong upcoming growth opportunities that we are seeing, and in order to further strengthen the balance sheet of the Bank, notice is hereby given that a meeting of the Board of Directors of the Bank is scheduled to be held on Thursday, February 18, 2021, inter alia, to consider and approve the proposal for raising of funds by way of issue of equity shares/ other equity linked securities, through permissible mode(s) including but not limited to a Private Placement, Preferential Issue, Qualified Institutional Placement, Further Public Offering, etc., or combination thereof, in accordance with the provisions of the Companies Act, 2013, Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ( including any statutory modification(s) thereto or reenactment thereof for the time being in force ) and such other acts, rules, regulations, laws and statutes, as may be applicable, subject to approval of the Shareholders of the Bank and regulatory/ statutory approvals and any other approval as may be required.

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In terms of the Code of Conduct for Prohibition of Insider Trading of the Bank, formulated and adopted under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended , the Trading Window for dealing in securities of the Bank would remain closed for Insiders (including Designated Persons) of the Bank from Tuesday, February 16, 2021 till Saturday, February 20, 2021 (both days inclusive) and shall re-open thereafter.

Please take the above on record and acknowledge receipt of the same.

Thanking you, Yours faithfully, For IDFC FIRST Bank Limited

Digitally signed by SATISH SATISH ASHOK ASHOK GAIKWAD GAIKWAD Date: 2021.02.15 21:14:24 +05'30'

Satish Gaikwad Head – Legal & Company Secretary

IDFC FIRST Bank Limited (formerly IDFC Bank Limited)

Naman Chambers, C 32, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051. Tel: +91 22 7132 5500 Fax: +91 22 2654 0354 Registered Office: KRM Towers, 7th Floor, No.1, Harrington Road, Chetpet, Chennai - 600 031. Tel: +91 44 4564 4000 Fax: +91 44 4564 4022 CIN: L65110TN2014PLC097792 bank.info@idfcfirstbank.com www.idfcfirstbank.com