PNB Gilts Ltd — Board/Management Information 2025

Feb 26, 2025

(Subsidiary of Punjab National Bank)

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February 26, 2025

The Manager – ListingNational Stock Exchange of India Ltd.Exchange PlazaBandra Kurla ComplexBandra (E), Mumbai -400051Scrip Code: PNBGILTS		The Manager – ListingBSE LimitedPhiroze JeeJeebhoy TowersDalal StreetMumbai- 400 001Scrip Code: 532366

Subject: Outcome of the Board Meeting held on February 26, 2025

Ref: Intimation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘the Listing Regulations’)

Dear Sir / Madam,

This is in furtherance to our letter dtd. 16.12.2024, wherein it was informed that the Board will appoint successor of Sh. Vikas Goel, the then Managing Director & CEO within stipulated timeline. Please take note that today the Board of Directors has appointed Sh. Pareed Sunil, Deputy CEO as an Additional Director with the designation ‘Managing Director & CEO’ (Key Managerial Personnel) of the Company for a period of 3 years, effective from the date of receipt of approval from the Reserve Bank of India or allotment of Director Identification Number (DIN) by Ministry of Corporate Affairs of India, whichever is later, subject to the requisite sanction of the members of the Company.

It is hereby confirmed that Sh. Pareed Sunil has not been debarred from holding office of director by virtue of any order of SEBI or any such authority.

Relevant information in this connection as required under SEBI Circular no. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated July 13, 2023 is at Annexure- A.

The Board Meeting commenced at 5:04 P.M. (IST) and concluded at 5: 22 P.M. (IST).

Any further information in this connection will be submitted with the exchange in due course.

This is for your information and records.

Thanking you.

Yours faithfully, For PNB Gilts Ltd.

Digitally signed MONIKA by MONIKA KOCHAR KOCHAR Date: 2025.02.26 17:53:11 +05'30'

(Monika Kochar) Company Secretary

Encl: A/a

Regd. Office : 5, Sansad Marg, New Delhi-110 001. Ph. : 23325759, 23325779 Website : www.pnbgilts.com E-mail : pnbgilts@pnbgilts.com CIN : L74899DL1996PLC077120

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(Subsidiary of Punjab National Bank)

Annexure- A

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----- Start of picture text ----- Particulars DisclosureReason for change viz. appointment, Appointmentresignation, removal, death orotherwise;Date of appointment/reappointment/ For 3 years, effective from the date of receipt of approvalcessation (as applicable) & term of from the Reserve Bank of India or allotment of Directorappointment/ re-appointment; Identification Number (DIN) by Ministry of CorporateAffairs of India, whichever is later.Brief Profile (in case of Sh. Pareed Sunil holds MBA in Finance, PGPBF (Postappointment) Graduation Program in Banking & Finance) and CAIIBCertification (Certified Associate of Indian Institute ofBankers). Sh. Pareed Sunil joined PNB in 1992 and sincethen he has rich experience in banking industry ranging fromadministrative offices, HR, Treasury, International Banking,Credit Management, Risk Assessment and Compliance. Hisextensive experience spans both domestic and internationalmarkets, including significant assignments in India and atPNB's Hong Kong branch and London subsidiary’s backoffice operations.He is with PNB Gilts Limited since August 1, 2023 asDeputy CEO.Disclosure of relationships between Sh. Pareed Sunil is not related to any other member of thedirectors (in case of appointment of Board.a director).----- End of picture text -----

Regd. Office : 5, Sansad Marg, New Delhi-110 001. Ph. : 23325759, 23325779 Website : www.pnbgilts.com E-mail : pnbgilts@pnbgilts.com CIN : L74899DL1996PLC077120