UCO Bank — AGM Information 2021

Jul 20, 2021

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Honours Your Trust

HO/Finance/Share/84/2021-22

National Stock Exctiange of India Ltd.

"Exchange Plaza" Plot no. C/1, G Block Bandra-Kuria C omplex, Bandra (E) Munnbai - 400 051 NSE Scrip Symbol: UC06ANK Date: 20.07.2021

BSE Limited Phiroze Jeejeebhoy Towers Dalai Street,Fort, Mumbai-400 001 BSE Scrip Code: 532505

Madam/ Dear Sir,

Sub: IB*^' Annual General Meeting of ttie Bank - Proceedings and Voting Results

We inform that IS^'^ Annual General Meeting of the shareholders of UCO Bank held today i.e. Tuesday, 20^^ July, 2021 at 11.00 a.m through Video Conference/Other Audio Visual Means (VC/OAVM).

The shareholders considered the resolution relating to:

Agenda Item No.1

Approval and adoption of Balance Sheet and Profit and Loss Account of the Bank for the year ended 31st March 2021 together with the Report of Board of Directors on the working and activities of fhe Bank for the financial year 2020-21 and Auditors' Report on Balance Sheet and Accounts.

Agenda Item No 2.

Approval for raising of Equity capital through Issue of upto 300,00,00,000 equity shares of Rs.lO/- each through various capital raising options viz. Qualified Institutional Placement / FPO or by any other means during the financial year 2021-22.

Above agenda items has been approved by the shareholders through the remote e-voting facility and e-voting during the meeting. Scrutinlzer report on votings result on agenda item Is enclosed. Above information is submitted pursuant to SEBI (LODR) Regulations, 2015.

Yours faithfully.

For,.1100 Bank (Shashl KanMumar)

Chief Financial Officer

CS. SAVITA JVOn.BCom FCS

Consolidated Scrutinizer's Report

[Pursuant to section 108 and 109 of the Companies Act, 2013 read with rule 20 and 21 of the Companies (Management and Administration) Rules, 2014 as amended and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015]

To.

Shri A. K. Goel Managing Director and Chief Executive Officer UCO BANK Head Office 10, B.T.M. Sarani, KoIkata-700 001.

Dear Sir,

I, Savita Jyoti, Practising Company Secretary, appointed as Scrutinizer for the purpose of scrutinizing e-voting process (remote e-voting) and electronic voting (e-voting) during the 18*'^ Annual General Meeting of the equity shareholders of UCO Bank scheduled on Tuesday, 20'*' July, 2021 at 11.00 a.m. through Video Conferencing / Other Audio Visual Means (VC/OAVM), pursuant to Section 108 of the Companies Act, 2013 read with Rule 20 & 21 of the Companies (Management and Administration) Rules, 2014 (Amendment Rules, 2015) and pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. SEBI vide its circular no. SEBI/HO/CFD/CMD2/CIR/P/2021/1 1 dated January 15, 2021 and Circular no. 02/2021 dated on January 13, 2021, in line with the Ministry of Corporate Affairs (MCA) circular dated May 5, 2020 read together with circulars dated April 8, 2020 and April 13, 2020 (collectively referred to as "Circulars") provided relaxation to companies to hold its Annual General Meeting through VC/OAVM for the calendar year 2021.

In respect of the below mentioned resolutions proposed at the 18*^ Annual General Meeting of the equity Shareholders of UCO Bank held on 20*^ July, 2021 at 11.00 AM through VC/OACM, we hereby submit that:

• 1. The compliance with the provisions of the Companies Act, 2013 and the Rules made thereunder relating to voting through electronic means (by remote e-voting) and electronic voting (e-voting) at the AGM by the shareholders on the resolutions proposed in the Notice of the 18^ Annual General Meeting of the bank is the responsibility of the management. My responsibility as a Scrutinizer is to ensure that the voting process both through e-voting (remote e-voting) and by electronic voting (e-voting) at the AGM are conducted in a fair and transparent manner and render consolidated Scrutinizer's Report of the total votes cast in favour or against if any, to the Chairman on the resolutions.
• 1. The Bank appointed KFin Technologies Private Limited (KFin) as the agency for providing the platform for remote e-voting and e-voting during the AGM.
• 1. After the conclusion of the voting at the Annual General Meeting, votes cast during the Annual General Meeting will be counted first and then the votes cast through remote e-voting were counted, and the results were prepared. .

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F-86 Sankoun Secundtrabad • 500 094 (Near Canara Bank) Ph 040-27110559 Mobile *^919849510559 E-mail savitajyob^ahoo com

• 1. The logged in votes through remote e-voting were diligently scrutinized. The logged-in details of the shareholders were reconciled with the records maintained by KFin Technologies Private Limited and the authorizations lodged with the Bank.
• 1. The result of the remote e-voting resolution-wise is annexed herewith; Annexure A
• 1. The result of the e-voting at the AGM through VC, resolution-wise is annexed herewith: Annexure B
• 1. The Consolidated result resolution-wise of remote e-voting and e-voting at the AGM through VC is annexed herewith: Annexure C
• 1. The Reports on remote e-voting is based on the data downloaded from the remote e-voting platform provided by KFin Technologies Private Limited and votes cast through e-voting at the AGM through VC provided by KFin Technologies Private Limited.
• 1. Soft Copy of the list of equity shareholders who voted "FOR"/"AGAINST' for each resolution has been emailed to the Company Secretary
• 1. The electronic data and all other relevant records relating to the e-voting shall remain in our safe custody and shall be handed over to the Company Secretary/Chairman for preserving safely after the Chairman considers, approves and signs the Minutes of the aforesaid Annual General Meeting.
• 1. As per the information given by the Bank / RTA the names of the shareholders who had voted by remote e-voting through the facility provided by KFin had been blocked and only those members who were present at the AGM through VC/OAVM and who had not voted on remote e-voting were allowed to cast their votes through e-voting system during the AGM.
• 1. Pursuant to provisions of Section 3 (2E) of the Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970, voting rights of the shareholders other than Central Government is restricted to 10% of the total voting rights of all shareholders of the Bank.

ANNEXURE-A Remote e-voting Results

a) Resolution at Item No. 1 of the Notice dated June, 22, 2021 for the AGM: To discuss, approve and adopt the Balance Sheet together with statement of Profit & Loss and Cash flow of the Bank made upto 3 P' March, 2021, the Report of the Board of Directors on the working and activities of the Bank for the period ended 31" March, 2021 and Auditors report on Balance sheet and statement of Profit & Loss and Cash flow.

(i Voted in favour of the resolution:

Number of members voted byremote e-voting	Number of votes cast by them	% oftotal number of validvotes cast
265	11563234805	99.9999

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(ii) Voted against the resolution:

Number of members voted byremote e-voting	Number of votes cast by them	% oftotal number of validvotes cast
20	6557	0.0001

(iii) Abstain votes:

Number of members voted by remote e-voting	Total number of votes cast by them
2	313015

b) Resolution at Item No. 2 of the Notice dated June 22, 2021 for the AGM: Equity Capital Raising Plan 2021-22

(i Voted in favour of the resolution:

Number of members voted byremote e-voting	Number of votes cast by them	% oftotal number of validvotes cast
259	11563526844	99.9998

(ii) Voted against the resolution:

Number of members voted by	Number of votes cast by them	Vo of total number of valid
remote e-voting		votes cast
28	27434	0.0002

(iii) Abstain votes:

Number of members voted by remote e-voting	Total number of votes cast by them
I	100

1. The electronic data and all other relevant records relating to the e-voting shall remain in our safe custody and shall be handed over to the Company Secretary/Chairman for preserving safely after the Chairman considers, approves and signs the Minutes of the aforesaid Annual General Meeting.

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ANNEXURE-B Results of e-Voting at the AGM

a) Resolution at Item No. 1 of the Notice dated June 22, 2021 for the AGM: To discuss, approve and adopt the Balance Sheet together with statement of Profit & Loss and Cash flow of the Bank made upto 3P March, 2021, the Report of the Board of Directors on the working and activities of the Bank for the period ended 31^ March, 2021 and Auditors report on Balance sheet and statement of Profit & Loss and Cash flow.

(i) Voted in favour of the resolution:

Number of members votedthrough VC Instapoll	Number of votes cast by them	% oftotal number of validvotes cast
20	278455	100

(ii) Voted against the resolution:

Number of members votedthrough VC Instapoll	Number of votes cast by them	% oftotal number of validvotes cast
0	0	0

(iii) Abstain votes:

Number of members voted through VC Instapoll	Total number of votes cast by them
0	0

b) Resolution at Item No. 2 of the Notice dated June 22, 2021 for the AGM: Equity Capital Raising Plan 2021-22

(i) Voted in favour of the resolution:

Number of members votedthrough VC Instapoll	Number of votes cast by them	% oftotal number of validvotes cast
20	278435	99.9928

(ii) Voted against the resolution:

Ntimber of members voted	Number of votes cast by them	Vo of total number of valid
through VC Instapoll		votes cast
1	20	0.0072

(iii) Abstain votes:

Number of members voted through VC Instapoll	Total number of votes cast by them
0	0

ANNEXURE C

Consolidated Results

Based on the result of remote e-voting and e-voting at the Annual General Meeting through VC, consolidated results of each item of the Agenda as set out in the Notice dated June 22, 2021 is as given below:

a) Resolution at Item No. I of the Notice dated June, 22, 2021 for the AGM: To discuss, approve and adopt the Balance Sheet together with statement of Profit & Loss and Cash flow of the Bank made upto 31" March, 2021, the Report of the Board of Directors on the working and activities of the Bank for the period ended 31" March, 2021 and Auditors

Particulars	Number ofmembersvoted	Number of Votes cast in	%of total
		Remotee-votes	Votes throughVC Instapoll	Total	number of validvotes cast
Voted in favour	285	1 1563234805	278455	1 1563513260	99.9999
Voted against	20	6557	0	6557	0.0001
Total	305	11563241362	278455	1 1563519817	100.0000

Invalid/Abstained	2	313015	0	313015

Thus, the Ordinary Resolution as contained in Item No. requisite majority. of the Notice dated June 22, 2020, is passed with

b) Resolution at Item No. 2 of the Notice dated June 22, 2021 for the AGM: Equity Capital Raising Plan 2021-22

Particulars	Number of	Number of Votes cast in	%of total
	membersvoted	Remotee-votes	Votesthrough VCInstapoll	Total	number of validvotes cast
Voted in favour	279	11563526844	278435	11563805279	99.9998
Voted against	29	27434	20	27454	0.0002
Total	308	11563554278	278455	11563832733	100.0000

Invalid/Abstained 1 100 0 100

Thus, the Special Resolution as contained in Item No. 2 of the addendum Notice dated June 22, 2021, is passed with requisite majority.

Thanking you. Yours faithfully, for Savita Jyoti Associates Company Secretaries

CS Savita Jyotl Practicing Company Secretary PCS 3738; CP 1796 UDIN; F003738C000662352

Place: Hyderabad Dated: July 20,2021 SAV ITA JYOTI, FCS 3738 Practicing Company Secretary Certificate of Practice No. 1796