PNB Housing Finance : ESOP/ESPS/SBEB Scheme

® pnb Housing

Finance Limited

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April 26, 2022

The BSE Limited,
Listing Department,	Listing Department
Phiroze Jeejeebhoy Towers,	"Exchange Plaza"
Dalal Street,	Sandra Kurla Complex,
Mumbai- 400 001	Sandra (E), Mumbai - 400 051
Scrip Code: 540173	Symbol: PNBHOJJSING
Dear Sir(s),

National Stock Exchange of India Limited,

Sub: Grant of Restricted Stock Unit ('RSUs' ) under PNB Housing Restricted Stock Unit Scheme 2020 ('RSU 2020' ) of the Com pan y

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015 , we wish to inform you that the Nomination and Remuneration Committee of the Company has approved the grant of 25,000 Restricted Stock Unit ('RSU') representing 25,000 equity shares of Rs.1 0 each to its eligible employee under PNB Housing Restricted Stock Unit Scheme 2020.

The following are the brief terms of the options granted:

S.No

Particulars

Details

.

1.

Brief details of RSUs granted

25,000 RSUs granted to eligible employee of the Company.

Each RSU upon exercise would be entitled for allotment of one equityshare of INR 10/- each of the Company.

2.

Total number of RSUs granted

25,000 RSUs grant letter issued on April26, 2022.

3.

Whether the scheme is in terms of Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021

Yes

4.25,000 Equity shares of face value INR 10 each ofThe said RSUs have been granted as per Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 .

INR 10/- per RSU.

Subject to achievement of performance conditions as specified in the grant letter, RSUs will ~s under:

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Regd . Office: gth Floor, Antriksh Bhavan, 22 Kasturba Gandhi Marg, New Delhi- ~; Y or

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Phone: [phone], E-mail: loans@ pnbhfl.com, Website: www. onbhfl.co ~!:j;; ·~~'O~'l>

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CIN. l65922Dl1988PLC033856

@ pAb Housing

Fi n ance Li mi t e d 8 h ~ r Ki B~~ t

S.No	Particulars	Details
• 10% of the RSUs granted at the end of first year from the Grant date. • 20% of the RSUs granted at the end of second year from the Grant date. • 30% of the RSUs granted at the end of third year from the Grant date. • 40% of the RSUs granted at the end of fourth year from the Grant date.
8.	Time within which RSUs may be exercised	1 year from the respective date of vesting.
9.	Brief details of significant terms	RSUs granted under the Scheme shall vest on satisfaction of vesting conditions which are a combination of company and individual performance and can thereafter be exercised resulting in allotment of equity shares of the Com pan y.
Note: The requirements prescribed under sub-clauses (g) to (k) , (m) & (n) of Clause 10 of Para B of Annexure 1 of SEBI Circular no. CIR/CFD/CMD/412015 dated September 09, 2015 are not applicable.

This is for your information and records.

Thanking You,

Regd. Office: gth Floor, Antriksh Bhavan, 22 Kasturba Gandhi Marg, New Delhi -110 001

Phone: [phone], E-mail: loans@ pnbhfl.com, Website: www .p nbhfl.com

CIN: L65922DL1988PLC033856