RBL Bank Limited at its meeting held December 30, 2025, the board has approved board has taken on record and accepted the request of Mr. Rajeev Ahuja to retire from his position as Executive Director of the Bank upon completion of his current term as approved by Reserve Bank of India which ends on February 20, 2026. Thus, effective February 21, 2026, he shall cease to be the Executive Director and Key Managerial Personnel of the Bank. Pursuant to the applicable provisions of the SEBI Listing Regulations and in furtherance to earlier communication dated December 15, 2025, this is to inform you that basis the recommendations of the Audit Committee and Nomination and Remuneration Committee, the Board approved the appointment of Mr. Deepak Ruiya as Key Managerial Personnel ("KMP") of the Bank with effect from December 30, 2025. Mr. Deepak Ruiya is a finance
professional, and his career spans over 22 years in the banking and financial services sector. He is a qualified Chartered Accountant, FRM, and CFA Level 2. He started his career at BSE as a management trainee and later joined ICICI Lombard, where he managed financial operations. He then moved to Barclays Bank, where he spent 9+ years and was last designated as Vice President ­ Finance (Corporate & Investment Bank). He joined RBL Bank in 2014 and is currently Deputy Chief Financial Officer. In his professional journey, he held leadership positions in Financial Control, Financial Performance & Analysis, Costs Management, Budgets, Transformation, MIS, Asset & Liability Management (ALM), Treasury, Change Management, Dealing with Regulators for Regulatory Matters, Tax and Audit. Mr. Pushpendra Sharma, Head - Digital Banking Unit and reporting to Chief Information Officer, being part of Senior Management of the Bank had tendered his resignation in order to pursue opportunities outside the Bank and has been relieved on December 29, 2025. The copy of his resignation is enclosed herewith. The portfolio managed by Mr. Sharma was bought under Technology function in November 2024 and there is ample leadership depth within the Bank to manage the portfolio.