Kotak Mahindra Bank Limited

rs,

October 21, 2023 BSE Limited Corporate Relationship Department Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001 National Stock Exchange of India Limited Exchange Plaza, Plot No. C

₹ 4,461

for the period ended 30th September, 2023 21st October, 2023 Consolidated Highlights Q2FY24 PAT ₹ 4,461 cr ₹ 3,608 cr ROA 2.68% 2.61% ROE 14.99% 14.09% Customer Assets* CAR# CET I# Book Value /

₹ 3,608

od ended 30th September, 2023 21st October, 2023 Consolidated Highlights Q2FY24 PAT ₹ 4,461 cr ₹ 3,608 cr ROA 2.68% 2.61% ROE 14.99% 14.09% Customer Assets* CAR# CET I# Book Value / Share ₹ 42

2.68%

tember, 2023 21st October, 2023 Consolidated Highlights Q2FY24 PAT ₹ 4,461 cr ₹ 3,608 cr ROA 2.68% 2.61% ROE 14.99% 14.09% Customer Assets* CAR# CET I# Book Value / Share ₹ 428,404 cr ₹ 35

2.61%

2023 21st October, 2023 Consolidated Highlights Q2FY24 PAT ₹ 4,461 cr ₹ 3,608 cr ROA 2.68% 2.61% ROE 14.99% 14.09% Customer Assets* CAR# CET I# Book Value / Share ₹ 428,404 cr ₹ 359,154 c

14.99%

October, 2023 Consolidated Highlights Q2FY24 PAT ₹ 4,461 cr ₹ 3,608 cr ROA 2.68% 2.61% ROE 14.99% 14.09% Customer Assets* CAR# CET I# Book Value / Share ₹ 428,404 cr ₹ 359,154 cr 22.9% 21.

14.09%

2023 Consolidated Highlights Q2FY24 PAT ₹ 4,461 cr ₹ 3,608 cr ROA 2.68% 2.61% ROE 14.99% 14.09% Customer Assets* CAR# CET I# Book Value / Share ₹ 428,404 cr ₹ 359,154 cr 22.9% 21.9% 23.9

₹ 428,404

608 cr ROA 2.68% 2.61% ROE 14.99% 14.09% Customer Assets* CAR# CET I# Book Value / Share ₹ 428,404 cr ₹ 359,154 cr 22.9% 21.9% 23.9% 23.0% ₹ 605 ₹ 519 • Figures in blue are Q2FY23 numbers • #

₹ 359,154

.68% 2.61% ROE 14.99% 14.09% Customer Assets* CAR# CET I# Book Value / Share ₹ 428,404 cr ₹ 359,154 cr 22.9% 21.9% 23.9% 23.0% ₹ 605 ₹ 519 • Figures in blue are Q2FY23 numbers • # As per Basel

22.9%

OE 14.99% 14.09% Customer Assets* CAR# CET I# Book Value / Share ₹ 428,404 cr ₹ 359,154 cr 22.9% 21.9% 23.9% 23.0% ₹ 605 ₹ 519 • Figures in blue are Q2FY23 numbers • # As per Basel III, incl

21.9%

99% 14.09% Customer Assets* CAR# CET I# Book Value / Share ₹ 428,404 cr ₹ 359,154 cr 22.9% 21.9% 23.9% 23.0% ₹ 605 ₹ 519 • Figures in blue are Q2FY23 numbers • # As per Basel III, including u

23.9%

.09% Customer Assets* CAR# CET I# Book Value / Share ₹ 428,404 cr ₹ 359,154 cr 22.9% 21.9% 23.9% 23.0% ₹ 605 ₹ 519 • Figures in blue are Q2FY23 numbers • # As per Basel III, including unaudite

“No offering of securities of the Bank will be made except by means of a statutory offering document containing detailed information about the Bank.”

“Any opinion, estimate or projection herein constitutes a judgment as of the date of this presentation, and there can be no assurance that future results or events will be consistent with any such opinion, estimate or projection.”

“We do not have any obligation to, and do not intend to, update or otherwise revise any statements reflecting circumstances arising after the date of this presentation or to reflect the occurrence of underlying events, even if the underlying assumptions do not come to fruition.”

“No representation or warranty (express or implied) of any nature is made nor is any responsibility or liability of any kind accepted with respect to the truthfulness, completeness or accuracy of any information, projection, representation or warranty (expressed or implied) or omissions in this presentation.”

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Investor Presentation for Earnings Conference Call on the Consolidated and Standalone Unaudited Financial Results of the Bank for the quarter and half-year ended September 30, 2023 Further to our intimation today regarding the Consolidated and Standalone Unaudited Financial Results of Kotak Mahindra Bank Limited ("Bank") for the quarter and half-year ended September 30, 2023 and pursuant to Regulation 30 of the of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we enclose herewith a copy of the Investor Presentation for Earnings Conference Call in connection with the aforesaid Financial Results. The above information is also being hosted on the Bank's website https://www.kotak.com/en/investor- relations/governance/sebi-listing-disclosures.html in terms of the Listing Regulations. This is for your information and appropriate dissemination. Thanking you, Yours faithfully, For Kotak Mahindra Bank Limit

Registered Office

27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051, www.kotak.com Maharashtra, India. T +91 22 61660001 Q2FY24 Presentation on financial results for the period ended 30th September, 2023 21st October, 2023 Consolidated Highlights Q2FY24 PAT ₹ 4,461 cr ₹ 3,608 cr ROA 2.68% 2.61% ROE 14.99% 14.09% Customer Assets* CAR# CET I# Book Value / Share ₹ 428,404 cr ₹ 359,154 cr 22.9% 21.9% 23.9% 23.0% ₹ 605 ₹ 519 • Figures in blue are Q2FY23 numbers • # As per Basel III, including unaudited profits. Excluding profits CAR: 21.2%, CET I: 20.3% (30th Sep, 2022: CAR: 22.5%, CET I: 21.5%) • Customer Assets comprise Advances (incl. IBPC & BRDS) and Credit Substitutes 2 Consolidated PAT ₹ cr Q2FY24 Q2FY23 Q1FY24 FY23 Bank & Subsidiaries Contribution Kotak Mahindra Bank 3,191 2,581 3,452 10,939 Kotak Mahindra Prime Kotak Mahindra Investments BSS Microfinance Kotak Securities Kotak Mahindra Capital Kotak Mahindra Life Ins Kotak Mahindra General Ins Kotak AMC and TC International Subs