AXISBANK

AXIS/CO/CS/250/2026-27 July 18, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, P. J. Towers, Plot No. C/1, “G” Block Dalal Street Bandra-Kurla Complex Fort, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 NSE Symbol: AXISBANK BSE Scrip Code: 532215 Dear Sir/Madam, REF.: DISCLOSURE UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 (“SEBI LISTING REGULATIONS”) SUB.: PRESS RELEASE AND INVESTOR PRESENTATION ON THE FINANCIAL RESULTS OF AXIS BANK LIMITED (“BANK’) FOR THE QUARTER ENDED JUNE 30, 2026 In reference to our letter no. AXIS/CO/CS/176/2026-27 dated June 19, 2026, and pursuant to Regulation 30 of the SEBI Listing Regulations, a copy of the Press Release and Investor Presentation on the unaudited standalone and consolidated financial results of the Bank for the quarter ended June 30, 2026, are attached herewith. This is for your information and records. Thanking You. With warm regards, For Axis Bank Limited Sandeep Poddar Company Secretary Encl: as above CC: London Stock Exchange Singapore Stock Exchange PRESS RELEASE AXIS BANK ANNOUNCES FINANCIAL RESULTS FOR THE QUARTER ENDED 30th JUNE 2026 PAT up 23% YOY driven by positive operating jaws and stable asset quality; Market share gains across deposits and advances, deposits up 18% YOY, advances up 19% YOY o YOY QAB1 | MEB1 basis total deposits up 18% | 18%, TD1 up 21% | 23%, CA grew 13%| 6%, SA up 14% | 14%, respectively o YOY | QOQ basis, SME loans up 25% | 3%, Corporate loans up 38% | 5% of which Mid-Corporate (MC) up 27% YOY o SBB2+SME+MC at ₹3,061 bn | 24% of total loans, up 911 bps in last 5 years o Core operating profit at ₹11,122 crores, up 10% YOY and 5% QOQ o Cost to assets at 2.20%, declined 21 bps YOY and 8 bps QOQ o Granular fees3 at 90% of total fees, Corporate & Commercial banking fees together grew 18% YOY and 16% QOQ o CET-1 ratio at 14.64%, added 26 bps in the quarter, capital adequacy ratio (CAR) stood at 16.67% o GNPA at 1.28% down 29 bps YOY, NNPA at 0.39% down 6 bps YOY, net slippage ratio at 1.12% down 121 bps YOY o Acquired ~0.9mn cards in Q1FY27, with the market share of ~13.4%4 on the cards in force o Market leading position in UPI Payer PSP, with a market share of ~38%5 and lowest technical declines6 This quarter, Axis Bank accelerated its focus on building a future-ready franchise through investments in digital, AI-led transformation and ecosystem partnerships. Strengthening its Safe Banking proposition, Axis became the first leading Bank to introduce Aadhaar Face Authentication as a self-service journey to digitally update mobile numbers. It collaborated with Flipkart and PayU to enable biometric authentication for card payments with secure OTP-free transactions. It also launched AI-powered compliance solutions for current account customers, transforming ReKYC and business profile updates through intelligent, paperless workflows that enhance customer experience, improve operational efficiency and compliance controls. Axis Bank also launched its first Digital Locker-focused branch, combining advanced automation, security and convenience in a differentiated futuristic banking format. The Bank deepened its engagement with the hospitality and tourism sectors through its partnership with FHRAI. It also hosted the Tourism Promotion & Expansion Plan Meet in Srinagar, reaffirming its long-term commitment to driving inclusive and sustainable economic development in Jammu & Kashmir. Axis Bank announced a Rs.100-crore partnership with BITS Pilani to establish an advanced Industry Research, Technology & Innovation Park in Hyderabad. It also released the fifth edition of the 2025 Burgundy Private Hurun India 500, a report showcasing India's 500 most valuable companies, collectively valued at US$3.4 trillion. The quarter also marked a significant milestone for the Axis Group, as Axis Finance announced a Rs. 2,250-crore capital raise from Axis Bank and Kedaara Capital, strengthening its capital base to support its next phase of growth across retail, MSME and wholesale lending. These efforts were complemented by industry recognitions across innovation, digital banking and customer experience, with three Platinum wins at the Infosys Finacle Innovation Awards, two honours at the PWM WealthTech Awards 2026, and the Financial Express Best Digital Bank of the Year 2026 award. Amitabh Chaudhry, MD & CEO, Axis Bank said, “As customer expectations evolve and technology continues to reshape financial services, our focus remains on building a franchise that combines trust, innovation and resilience at scale. This quarter, we continued to invest across these priorities - strengthening digital security, deploying AI to simplify customer journeys, expanding growth platforms and supporting ecosystems that drive economic progress. With these investments we hope to create enduring value for our customers, stakeholders and the communities we serve.” The Board of Directors of Axis Bank Limited approved the financial results for the quarter 30th June 2026 at its meeting held in Mumbai on Saturday, 18th July 2026. 1 MEB: Month End balance, QAB: Quarterly Average Balance, TD: Term Deposits 2 SBB: Small Business banking; 3 Comprising of Retail, Transaction Banking, Trade 1 and forex related fees, 4 Based on RBI reported Credit cards data as of May’26, 5 In terms of volume for Q1FY27; 6 NPCI data for top 50 UPI Remitter Members, last 12 months average as of June’26 Q 1 F Y27 Performance at a Glance • Stable core operating performance o Operating profit at ₹11,659 crores, up 16% QOQ; Core operating profit at ₹11,122 crores, up 5% QOQ o Net Interest Income up 8% YOY, Net Interest Margin (NIM) at 3.46% • Robust deposit growth delivered across average and period end balances o QOQ QAB1 | MEB1 basis, total deposits up 6% | 3%; TD1 up 7% | 5%, CA up 3% | -6%, SA up 6% | 1%, respectively o QAB1 | MEB1 CASA grew 13% | 11% YOY and 5% | -1% QOQ o CASA ratio at 37% | 38% QAB and MEB, respectively o Cost of funds decreased by 35 bps YOY and 2 bps QOQ • Strong loan growth delivered o Advances grew 19% YOY and 2% QOQ; Bank’s focus segments2 grew by 18% YOY and 2% QOQ o SBB2+SME+MC at ₹3,061 bn | 24% of total loans, grew 24% YOY, up ~911 bps in the last 5 years o Retail loans grew 8% YOY of which SBB book grew 18% YOY and 2% QOQ, and Rural loans grew 16% YOY • Well capitalized with adequate liquidity buffers o Additional cushion of ~52 bps over the reported CAR, attributable to other provisions3 and one-time standard asset provision3 aggregating ₹8,244 crores o Excess SLR of ₹1,41,700 crores o Average LCR4 during Q1FY27 was ~ 119% • Continue to maintain our strong position in Payments and Digital Banking o Axis Mobile app continue to be among the world’s top rated5 Mobile banking app on Google Play store and iOS app store with a rating of 4.8 on both, with ~16 mn MAU6 o Continues to be amongst the largest player in Merchant Acquiring business with terminal market share7 of ~22.1% • Stable asset quality o GNPA at 1.28% down 29 bps YOY, NNPA at 0.39% down 6 bps YOY o PCR healthy at 70%; On an aggregated basis8, Coverage ratio at 161% up 2,318 bps YOY o Gross slippage ratio9 at 1.79%, down 134 bps YOY, Net slippage ratio9 at 1.12%, down 121 bps YOY o Net credit cost9 at 0.63%, down 75 bps YOY • Key domestic subsidiaries10 delivered healthy performance o Q1FY27 net profit at `546 crores up 21% YOY, with a return on investment in domestic subsidiaries of ~41% o Axis Finance Q1FY27 PAT at ₹244 crores up 29% YOY, Stable asset quality metrics with net NPA at 0.39% o Axis AMC’s Q1FY27 PAT at ₹134 crores up 3% YOY, Axis Securities Q1FY27 PAT at ₹96 crores up 8% YOY o Axis Capital Q1FY27 PAT at ₹65 crores up 72% YOY; executed 8 ECM and 3 non-ECM deals in Q1FY27 1 QAB: Quarterly Average Balance, MEB: Month End balance, TD: Term Deposits 2 Bank’s focus segments include Small Business Banking (SBB), Small & Medium Enterprises, (SME), Mid Corporate, Rural, Personal Loans (PL) and Credit Card Advances; 3 not included in CAR calculation; 4 Liquidity Coverage Ratio; 5 with 3.5mn+ reviews; 6 Monthly active users, engaging in financial and non-financial transactions; 7 Based on RBI data as of May-26; 8 (specific+ standard+ additional + other contingencies) / IRAC GNPA; 9 Annualized; 10 Figures of subsidiaries are as per Indian GAAP, as used for consolidated financial statements of the Group 2 Profit & Loss Account: Period ended 30th June 2026 Net Interest Income and Net Interest Margin The Bank’s Net Interest Income (NII) for Q1FY27 stood at `14,646 crores up 8% YOY basis. Net Interest Margin (NIM) for Q1FY27 stood at 3.46%. Other Income Fee income for Q1FY27 grew 7% YOY to `6,156 crores. Retail fees grew 2% YOY, constituted 67% of the Bank’s total fee income. The Corporate & Commercial banking fees together grew 18% YOY and 16% QOQ to `2,004 crores. The trading income for the quarter stood at `537 crores; miscellaneous income in Q1FY27 stood at `42 crores. Overall, non-interest income (comprising of fee, trading and miscellaneous income) for Q1FY27 stood at `6,735 crores. Operating Profit and Net Profit The Bank’s operating profit for the quarter stood at `11,659 crores. Core operating profit stood at `11,122 crores. Operating cost grew 5% YOY in Q1FY27. Net profit up 23% YOY to `7,114 crores in Q1FY27. Provisions and contingencies Provision and contingencies for Q1FY27 stood at `2,223 crores. Specific loan loss provisions for Q1FY27 stood at `2,079 crores. The Bank holds cumulative provisions (standard + additional other than NPA) of `15,608 crores as on June 30, 2026. It is pertinent to note that this is over and above the NPA provisioning included in our PCR calculations. These cumulative provisions translate to a standard asset coverage of 1.24% as on 30th June 2026. On an aggregated basis, our provision coverage ratio (including specific + standard + additional) stands at 161% of GNPA as on 30th June 2026. Credit cost (annualized) for the quarter ended 30th June 2026 stood at 0.63%. During Q4 of FY26, the Bank had proactively strengthened its balance sheet by voluntarily enhancing its prudent provisioning framework for standard assets, in line with our conservative risk-management philosophy. Based on an assessment of evolving and unpredictable macroeconomic and geopolitical uncertainties, the Bank had created an additional one-time provision of ₹2,001 crores during Q4FY26. The Bank has not drawn down from the West Asia provision created in Q4FY26 and the said provision continues to remain at ₹2,001 crores at June 30, 2026. This provision continues to be prudent and precautionary in nature and does not reflect any deterioration in asset quality or adverse credit trends in the Bank’s loan or investment portfolio as of the reporting date. Balance Sheet: As on 30th June 2026 The Bank’s balance sheet grew 20% YOY and stood at `19,21,966 crores as on 30th June 2026. The total deposits grew 3% QOQ and 18% YOY on month end basis, of which current account deposits grew 6% YOY, saving account deposits grew 14% YOY and term deposits 23% YOY. The share of CASA deposits in total deposits stood at 38%. On QAB basis, total deposits grew 6% QOQ and 18% YOY, within which savings account deposits grew 14% YOY, current account deposits grew 13% YOY, and term deposits grew 21% YOY. 3 The Bank’s advances grew 19% YOY and 2% QOQ to `12,61,557 crores as on 30th June 2026. Retail loans grew 8% YOY to `6,75,546 crores and accounted for 54% of the net advances of the Bank. The share of secured retail loans1 was ~73%, with home loans comprising 26% of the retail book. Small Business Banking (SBB) grew 2% QOQ and 18% YOY, Loan against property grew 11% YOY, Personal loans grew 7% YOY, Credit card advances grew 5% YOY and Rural loan portfolio grew 16% YOY. SME book remains well diversified across geographies and sectors, grew 3% QOQ and 25% YOY to `1,51,619 crores. Corporate loan book grew 5% QOQ and 38% YOY. Mid-corporate book grew 10% QOQ and 27% YOY. ~91% of corporate book is rated A- and above with 87% of incremental sanctions in Q1FY27 being to corporates rated A- and above. The book value of the Bank’s investments portfolio as on 30th June 2026, was `4,38,955 crores, of which `3,61,934 crores were in government securities, while `51,938 crores were invested in corporate bonds and `25,083 crores in other securities such as equities, mutual funds, etc. Out of these, 74% are in Held to Maturity (HTM) category, 11% of investments are Available for Sale (AFS), 13% are in Fair Value through Profit & Loss (FVTPL) category and 2% are investments in Subsidiaries and Associate. Payments and Digital During Q1FY27, the Bank issued ~0.92 million new credit cards and it continues to remain among the top players in the Retail Digital banking space with: • 48% - YOY growth in total UPI transaction value, • 98% - Share of digital transactions in the Bank’s total financial transactions by individual customers, • 46% - New mutual fund SIPs sourced (by volume) through digital channels, • 66% - SA accounts opened through tab banking, • 48% - Individual Retail term deposits (by value) opened digitally, and • 25% - YOY growth in mobile banking transaction volumes. The Bank’s focus remains on reimagining end-to-end journeys and transforming the core and becoming a partner of choice for ecosystems. Axis Mobile is among the world’s highest rated mobile banking app on Google Play store and iOS app store with rating of 4.8 on each with over 3.5 million reviews. The Bank’s mobile app continues to see healthy growth, with Monthly Active Users of ~16 million and ~12 million non-Axis Bank customers2 using Axis Mobile. Axis Bank continues to maintain its market leading position in UPI Payer PSP space with a market share of ~38% by volume3, along with maintaining the lowest technical declines4 among the top 50 UPI Remitter Members. The Bank continue to be amongst the largest players in Merchant Acquiring business in India with a market share5 of 22.1%. On WhatsApp banking, the Bank now has over 40 million customers on board since its launch in 2021. The Bank has been among the first to go live on Account Aggregator (AA) network and has seen strong initial traction in AA based digital lending. The Bank has 480 APIs hosted on its API Developer Portal. 1 as per Bank’s internal classification, 2 Excludes customer count from Axis Pay which is now decommissioned 4 3 Market share for Q1Y27; 4 NPCI data for top 50 UPI Remitter Members, last 12 months average as of May 26; 5 Based on RBI data as of May’26 Wealth Management Business – Burgundy The Bank’s wealth management business is among the largest in India with assets under management (AUM) of `7,53,819 crores at the end of 30th June 2026 that grew 20% YOY and 11% QOQ. Burgundy Private, the Bank’s proposition for high and ultra-high net worth clients, covers 17,408 families with AUM increasing 16% YOY and 12% QOQ to `2,68,058 crores. Capital Adequacy and Shareholders’ Funds The shareholders’ funds of the Bank grew 15% YOY and stood at `2,11,693 crores as on 30th June 2026. The Capital Adequacy Ratio (CAR) and CET1 ratio stood at 16.67% and 14.64% respectively at the end of 30th June 2026. Additionally, `7,013 crores of other provisions and `1,231 crores of one-time additional standard asset provision, are not considered for CAR calculation, providing cushion of ~52 bps over the reported CAR. The Book value per equity share increased to `681 as on 30th June 2026 from `596 as on 30th June 2025. Asset Quality As on 30th June 2026, the Bank’s reported Gross NPA and Net NPA levels were 1.28% and 0.39% respectively, as against 1.57% and 0.45% as on 30th June 2025. Recoveries from written off accounts for the quarter were `961 crores. Reported net slippages in the quarter adjusted for recoveries from written off pool was `2,479 crores, of which retail was `2,614 crores, CBG was `136 crores and Wholesale was negative `271 crores. Gross slippages during the quarter were `5,566 crores, compared to `4,675 crores in Q4FY26 and `8,200 crores in Q1FY26. Recoveries and upgrades from NPAs during the quarter were `2,126 crores. The Bank in the quarter wrote off NPAs aggregating `2,399 crores. As on 30th June 2026, the Bank’s provision coverage, as a proportion of Gross NPAs stood at 70%, as compared to 70% as at 31st March 2026 and 71% as at 30th June 2025. The fund based outstanding of standard restructured loans implemented under resolution framework for COVID-19 related stress (Covid 1.0 and Covid 2.0) declined during the quarter and as at 30th June 2026 stood at `913 crores that translates to 0.07% of the gross customer assets. The Bank carries a provision of ~17% on restructured loans, which is in excess of regulatory limits. Network The Bank’s overall distribution network stands at 6,295 domestic branches and extension counters along with 315 Business Correspondent Banking Outlets (BCBOs) situated across 3,352 centers as at 30th June 2026 compared to 5,879 domestic branches and extension counters, and 235 BCBO’s situated in 3,192 centers as at 30th June 2025. As on 30th June 2026, the Bank had 12,564 ATMs and cash recyclers spread across the country. The Bank’s Axis Virtual Centre is present across eight centers with 1,700 Virtual Relationship Managers as on 30th June 2026. 5 Key Subsidiaries’ Performance The Bank’s domestic subsidiaries delivered steady performance with Q1FY27 PAT of `546 crores, up 21% YOY. • Axis Finance: Axis Finance overall assets under finance crossed `50,000 crores growing 21% YOY, of which Retail book grew 22% YOY. Share of Retail + MSME at 71% of total book. Axis Finance remains well capitalized with total Capital Adequacy Ratio of 21.56%. The book quality remains strong with net NPA at 0.39%. Axis Finance Q1FY27 PAT was `244 crores, up 29% YOY from `189 crores in Q1FY26. • Axis AMC: Axis AMC’s overall QAAUM grew 10% YOY to `3,69,030 crores. Its Q1FY27 PAT was `134 crores, up 3% YOY from `130 crores in Q1FY26. • Axis Capital: Axis Capital Q1FY27 PAT was `65 crores, up 72% YOY. It completed 8 ECM and 3 non-ECM transactions during Q1FY27. • Axis Securities: Axis Securities’ revenues for Q1FY27 stood at `410 crores and PAT stood at `96 crores, up 8% YOY. Its customer base grew 10% YOY. 6 ` crores Financial Performance Q1FY27 Q1FY26 % Growth Net Interest Income 14,646 13,560 8% Other Income 6,735 7,258 (7%) - Fee Income 6,156 5,746 7% - Trading Income 537 1,420 (62%) - Miscellaneous Income 42 92 (54%) Operating Revenue 21,382 20,818 3% Core Operating Revenue# 20,844 19,398 7% Operating Expenses 9,722 9,303 5% Operating Profit 11,659 11,515 1% Core Operating Profit# 11,122 10,095 10% Net Profit/(Loss) 7,114 5,806 23% EPS Diluted (`) annualized 91.24 74.75 Return on Average Assets (annualized) 1.51% 1.47% Return on Equity (annualized) 14.16% 13.14% # excluding trading income ` crores As on As on Balance Sheet 30th June’26 30th June’25 CAPITAL AND LIABILITIES Capital 622 620 Reserves & Surplus 2,11,071 1,84,175 Employee Stock Options Outstanding 1,346 1,124 Deposits 13,72,936 11,61,615 Borrowings 2,37,317 1,80,971 Other Liabilities and Provisions 98,674 74,803 Total 19,21,966 16,03,308 ASSETS Cash and Balances with RBI and Banks and 1,30,816 99,322 Money at Call and Short Notice Investments 4,38,955 3,60,641 Advances 12,61,557 10,59,724 Fixed Assets 6,603 6,373 Other Assets 84,035 77,248 Total 19,21,966 16,03,308 Note - Prior period numbers have been regrouped as applicable for comparison, as applicable. Certain amounts in the tables above may not add-up due to rounding off. 7 ` crores As on As on Business Performance % Growth 30th June’26 30th June’25 Total Deposits (i)+(ii) 13,72,936 11,61,615 18% (i) CASA Deposits 5,21,698 4,68,166 11% - Savings Bank Deposits 3,48,312 3,05,133 14% - Current Account Deposits 1,73,386 1,63,033 6% CASA Deposits as % of Total Deposits 38% 40% (ii) Term Deposits 8,51,238 6,93,449 23% CASA Deposits on a Quarterly Daily Average Basis (QAB) 4,81,452 4,24,272 13% CASA Deposits as % of Total Deposits (QAB) 37% 38% Net Advances (a) +(b) + (c) 12,61,557 10,59,724 19% (a) Corporate 4,34,392 3,15,892 38% (b) SME 1,51,619 1,20,872 25% (c) Retail 6,75,546 6,22,960 8% Investments 4,38,955 3,60,641 22% Balance Sheet Size 19,21,966 16,03,308 20% Gross NPA as % of Gross Customer Assets 1.28% 1.57% Net NPA as % of Net Customer Assets 0.39% 0.45% Equity Capital 622 620 0.3% Shareholders’ Funds 2,11,693 1,84,795 15% Capital Adequacy Ratio (Basel III) 16.67% 16.85% - Tier I 15.35% 15.10% - Tier II 1.32% 1.75% Note - Prior period numbers have been regrouped as applicable for comparison, as applicable. Certain amounts in the tables above may not add-up due to rounding off. A presentation for investors is being separately placed on the Bank's website: www.axis.bank.in For press queries, please contact Ms Piyali Reddy at 91-22-24252021 or email: Piyali.Reddy@axis.bank.in 8 Safe Harbor Except for the historical information contained herein, statements in this release which contain words or phrases such as “will”, “aim”, “will likely result”, “would”, “believe”, “may”, “expect”, “will continue”, “anticipate”, “estimate”, “intend”, “plan”, “contemplate”, “seek to”, “future”, “objective”, “goal”, “strategy”, “philosophy”, “project”, “should”, “will pursue” and similar expressions or variations of such expressions may constitute "forward-looking statements". These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to our ability to successfully implement our strategy, future levels of non-performing loans, our growth and expansion, the adequacy of our allowance for credit losses, our provisioning policies, technological changes, investment income, cash flow projections, our exposure to market risks as well as other risks. Axis Bank Limited undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof. 9 Investor Presentation Quarterly Results Q1FY27 NSE: AXISBANK BSE: 532215 LSE (GDR): AXB Axis Bank at a glance 3rd ~ 54 mn 1,00,700+ 6,295 Axis Bank largest Private Bank in India Customers Employees Branches 1 Traditional Banking Segment Digital Banking Segment Market Share 5.4% 5.1% 5.7% ~ 38% ~ 13.4% Assets 2 Deposits 2 Advances 2 UPI 3 Credit Cards 4 Profitability 14.52% 3.46% 2.47% 2.20% Consolidated ROE 5 Net Interest Margin 5 Operating Profit Margin 5 Cost to Assets 5 Balance Sheet 16.67% | 14.64% `156 Bn | 1.24% 70% |0.39% Cumulative provisions CAR 6 CET 16 PCR Net NPA (standard + additional non-NPA) 29% 72% 8% 3% Key Subsidiaries YOY growth in YOY growth in YOY growth in YOY growth in Axis Finance PAT 5 Axis Capital PAT 5 Axis Securities PAT 5 Axis AMC PAT 5 1Domestic network including extension counters; 2 Based on RBI data as of June 30, 2026 3 UPI payer PSP space market share by volume for Q1FY27 4 Credit Cards in force market share as of May’26 5 for Q1FY27 6 CAR – Capital Adequacy ratio; CET 1 – Common Equity Tier 1 ratio; QuarterlyResultsQ1FY27 2 Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information QuarterlyResultsQ1FY27 3 Major highlights for Q1FY27 PAT up 23% YOY driven by positive operating jaws and stable asset quality; Market share gains across deposits and advances, deposits up 18% YOY, advances up 19% YOY • Operating profit at ₹11,659 crores, up 16% QOQ; Core operating profit at ₹11,122 crores, up 5% QOQ • Net Interest Income up 8% YOY, Net Interest Margin (NIM) at 3.46% Stable core operating performance • Fee income up 7% YOY; granular fee constituted 90% of overall fees; Retail fee up 2% YOY • Cost to assets at 2.20%, declined 21 bps YOY and 8 bps QOQ • YOY QAB1 | MEB1 basis, total deposits grew 18% | 18%; term deposits grew 21% | 23%, CA grew 13% | 6%, SA grew 14% | 14%, respectively Robust deposit growth delivered across • QOQ QAB1 | MEB1 basis total deposits grew 6% | 3%, term deposits grew 7% | 5%, CA grew 3% | -6%, SA grew 6% | 1%, respectively average and period end balances • QAB1 | MEB1 CASA grew 13% | 11% YOY and 5% | -1% QOQ, with CASA ratio at 37% | 38%, respectively • Cost of funds decreased by 35 bps YOY and 2 bps QOQ • Advances grew 19% YOY & 2% QOQ; Bank’s focus segments2 grew by 18% YOY and 2% QOQ • SBB2+SME+MC at ₹3,061 bn | 24% of total loans, up ~911 bps in last 5 years Strong loan growth delivered • SME loans up 25% YOY and 3% QOQ, Corporate loans up 38% YOY and 5% QOQ of which Mid-Corporate (MC) up 27% YOY and 10% QOQ • Retail loans grew 8% YOY of which SBB book grew 18% YOY and 2% QOQ. Retail disbursements grew 18% YOY • Overall capital adequacy ratio (CAR) stood at 16.67%, CET 1 ratio at 14.64% Well capitalized with adequate liquidity • Additional cushion of ~52 bps over the reported CAR, attributable to other provisions and one-time standard asset provision aggregating ₹8,244 crores buffers • Excess SLR of ₹1,41,700 crores • Avg. LCR during Q1FY27 was ~119% • Maintaining our market leading position in UPI Payer PSP space with a market share of ~ 38%3, with lowest technical declines4 Continue to maintain our strong position in • Continues to be amongst the largest players in Merchant Acquiring business in India with a terminal market share of 22.1%5 Payments and Digital Banking • Acquired 0.9mn cards in Q1FY27, having a market share of ~13.4%5 on the Cards in force • Axis Mobile app continue to be among the top-rated mobile banking app on Google Play store and iOS store with a rating of 4.8 on both, with ~16 mn MAU6 • GNPA at 1.28% down 29 bps YOY, NNPA at 0.39% down 6 bps YOY • PCR healthy at 70%, Coverage 7 ratio at 161% up 2,318 bps YOY Stable Asset Quality • Gross slippage ratio 8 at 1.79% down 134 bps YOY, Net slippage ratio 8 at 1.12% down 121 bps YOY • Net credit cost 8 at 0.63%, down 75 bps YOY • Total Q1FY27 PAT of domestic subsidiaries at ₹546 crores up 21% YOY; Return on investments of ~ 41% in domestic subsidiaries Key subsidiaries delivered healthy • Axis Finance Q1FY27 PAT at ₹244 crores up 29% YOY, Stable asset quality metrics with net NPA at 0.39% performance • Axis AMC’s Q1FY27 PAT at ₹134 crores up 3% YOY, Axis Securities Q1FY27 PAT at ₹96 crores up 8% YOY • Axis Capital Q1FY27 PAT at ₹65 crores up 72% YOY; executed 8 ECM and 3 non-ECM deals in Q1FY27 Q1FY27 Consolidated ROE (annualized) at 14.52%, up 95 bps YOY, with subsidiaries contributing 36 bps 1QAB: Quarterly Average Balance; MEB: Month End Balance; 2Bank’s focus segments include Small Business Banking (SBB), Small & Medium Enterprises (SME), Mid Corporate, Rural, Personal Loans (PL) and Credit Card Advances 3 Market share by volume for Q1Y27; 4 NPCI data for top 50 UPI Remitter Members, last 12 months average as of June’26; 5 Based on RBI data as of May’26; 6 MAU: Monthly Active Users QuarterlyResultsQ1FY27 4 engaging in financial & non-financial transactions; 7 Coverage Ratio = Aggregate provisions (specific + standard + additional + other contingencies) / IRAC GNPA; 8 Annualised Key metrics for Q1FY27 Snapshot (As on 30th June 2026) Deposits Advances Absolute (₹ Cr) 3 18% YOY 19% YOY Q1FY27 Q1FY26 Q4FY26 YOY QOQ 18% YOY 4 Net Interest Income 14,646 13,560 14,457 8% 1% & Fee Income 6,156 5,746 6,561 7% (6%) s t if o s o Operating Expenses 9,722 9,303 10,466 5% (7%) 34% rL 38% P Operating Profit 11,659 11,515 10,013 1% 16% 62% 54% Core Operating Profit 11,122 10,095 10,619 10% 5% Profit after Tax 7,114 5,806 7,071 23% 1% 12% Q1FY27 YOY Growth e CASA c n t e Total Assets 19,21,966 20% 11% YOY 3 Retail SME Corporate e a la h S Net Advances 12,61,557 19% 13% YOY 4 8% YOY 25% YOY 38% YOY B Total Deposits 13,72,936 18% Shareholders’ Funds 2,11,693 15% Core Operating Profit (in ₹ crores) Profit After Tax (in ₹ crores) Q1FY27 Q1FY26 Diluted EPS1 (in `) 91.24 74.75 Book Value per share (in `) 681 596 10% YOY 23% YOY s Standalone ROA1 1.51% 1.47% o it Standalone ROE1 14.16% 13.14% a R y Cons ROA1 1.56% 1.51% e K Cons ROE1 14.52% 13.57% 11,122 10,095 7,114 Gross NPA Ratio 1.28% 1.57% 5,806 Net NPA Ratio 0.39% 0.45% Basel III Tier I CAR2 15.35% 15.10% Basel III Total CAR2 16.67% 16.85% Q1FY26 Q1FY27 Q1FY26 Q1FY27 QuarterlyResultsQ1FY27 5 1 Annualized 2 including profit after tax for the periods 3 Month end balances 4 Quarterly average balance Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information QuarterlyResultsQ1FY27 6 Deposit and Loan growth performance All figures in ₹ billion Deposit mix (QAB)1 Segment loan mix YOY QOQ 13,048 YOY QOQ 18% 6% 12,265 12,616 11,974 12,336 19% 2% 11,397 11,048 11,590 11,167 10,597 4,129 4,344 38% 5% 3,751 8,234 21% 7% 3,497 (34%) 7,682 3,159 7,492 7,057 (63%) 6,806 1,516 1,472 25% 3% 1,315 1,393 (12%) 1,209 1,417 1,458 1,497 13% 3% 1,324 1,345 (12%) 6,230 6,355 6,446 6,735 6,756 8% (54%) 2,918 2,995 3,065 3,124 3,317 14% 6% (25%) Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 SA CA TD Retail SME Corporate total 56% 57% 56% 55% 55% 53%57% 97% 97% 97% 96% 96% Proportion of Retail deposits as per LCR2 Share of Domestic Loans in overall loan book 5.07% 4.83% 4.77% 4.73% 4.75% Cost of Deposits 1 Quarterly Average Balance QuarterlyResultsQ1FY27 7 2 Average deposits from retail and small business customers as reported in Liquidity Coverage Ratio (LCR) disclosure for the period as proportion of total QAB deposits Operating Performance Operating revenue Operating expense All figures in ₹ Crores 7% 6% 5% 5% YOY QOQ 20,818 20,369 20,512 20,480 21,382 3% 4% 2% YOY QOQ 7,258 6,625 6,226 6,023 6,736 7% 12% 9,303 9,957 9,637 10,466 9,722 5% 7% 6,041 6,839 6,865 7,352 6,664 10% 9% 13,560 13,745 14,286 14,457 14,646 8% 1% 3,262 3,118 2,772 3,115 3,058 6% 2% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Opex growth (YOY) Staff cost Non-staff cost Net Interest Income Non-Interest Income Operating profit & Core operating profit Profit after tax YOY QOQ YOY QOQ 11,515 11,659 10,413 10,876 10,815 10,619 11,122 OP 1% 16% 23% 1% 10,095 9,915 10,013 7,071 7,114 6,490 5,806 5,090 Core OP 10% 5% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Operating Profit (OP) Core Operating Profit QuarterlyResultsQ1FY27 8 Net interest margin trend Advances mix by rate type Cost of Funds MCLR Duration Split (June-26) 26% 3%0.3% 1M, 3% 0.3 7% % 5.50% 3M, 1% 5.43% 5.44% 5.45% 5.46% 5.39% 5.35% ~ 74% of 6M, 1% 5.17% 5.15% loans 5.03% 5.07% 5.06% 5.04% floating 61% 12M, 4% 1 Q1FY24Q2FY24Q3FY24Q4FY24Q1FY25Q2FY25Q3FY25Q4FY25Q1FY26Q2FY26Q3FY26Q4FY26Q1FY27 Repo linked MCLR linked Other EBLR Base Rate linked Foreign currency- floating Fixed Net interest Margin (NIM) NIM Movement - Q4 FY26 to Q1 FY27 NIM - Overall NIM - Domestic 3.91% 3.82% 3.75% 3.73% 3.60% 3.80% 3.73% 3.64% 3.62% 3.62% 0.03% 3.46% 0.13% 3.46% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 NIM Q4 FY26 Interest reversal Spread NIM Q1 FY27 QuarterlyResultsQ1FY27 9 1External benchmark linked rate NIM has seen structural improvement led by multiple drivers Reducing share of low yielding Composition reflected through 1 Improvement in balance sheet mix 2 3 RIDF bonds average1 CASA% Loans and investments as % of total assets 86% 88% 89% 89% 88% 2.3% 43.6% 1.5% 42.5% 30,564 39.3% 0.9% 37.8% 36.9% 0.5% 0.4% 21,557 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 14,450 68% 71% 71% 67% 66% 8,690 7,794 Retail & CBG as % of loan book Non INR book as % of overall loan book Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 FY23 FY24 FY25 FY26 Q1FY27 5.1% 5.2% 2 38 bps 4.4% As a % to total assets 3.8% 3.9% Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 1 Daily average CASA ratio for the period 2 Decline in cost of CASA for Q1FY27 as compared to FY23 QuarterlyResultsQ1FY27 10 Healthy growth in fees; granularity built across our business segments All figures in ₹ Crores Retail Banking fees Retail fee mix 2% YOY 45% 44% 4,833 38% 32% 4,051 4,269 4,358 4,152 24% 21% 15% 15% 17% 16% 15% 18% TPP Retail Cards & Payments Retail Assets excl cards & Retail Liabilities & others payments Q1FY26 Q4FY26 Q1FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 • 12% YOY growth in Retail Assets excl. Cards & Payments • 13% YOY growth in Retail Liability & others 70% 71% 71% 74% 67% Corporate & Commercial Banking fee Corporate & Commercial Banking fee mix 18% YOY 16% QOQ Trade, Forex and Financial Institutional payments related fee form part of Transaction Banking 71% 71% 68% 2,004 1,695 1,768 1,743 1,727 25% 24% 26% 4% 5% 6% Transaction Banking Credit Treasury (ex forex) Q1FY26 Q4FY26 Q1FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 • 13% YOY growth in Transactional Banking fees, forex & trade 30% 29% 29% 26% 33% • 21% YOY growth in Credit fees • 89% YOY growth in Treasury fees (ex forex) xx% Segment contribution to total fees QuarterlyResultsQ1FY27 11 Operating expenses grew at 5% YOY All figures in ₹ Crores Break-up of operating expenses Increase in volume linked and technology cost offset by lower statutory expenses - 3% 8% 6% 2% YOY% 5% -7%1 38% 44% 17% % in growth -5%2 9,303 10,466 9,722 160 186 73 Business Investments Includes impact volumes and in IT Infra of Increments change in and digital rolled out in Q1 44% 46% 43% rates journeys & Statutory 9,303 costs 9,722 34% 31% 34% Q1FY26 opex Volume linked Technology & Growth Business as Usual Q1FY27 opex 22% 23% 23% Cost to Assets % YOY 21 bps QOQ 8 bps Q1FY26 Q4FY26 Q1FY27 2.55% Volume linked Technology & Growth Business as Usual 2.46% 2.41% 2.28% 2.17% 2.22% 2.20% Technology expenses are ~11% of total opex for Q1FY27 FY22 FY23 FY24 FY25 Q1FY26 FY26 Q1FY27 1. Reported % change 2. Normalized opex % change excluding one-time write-back items in current quarter versus charge for previous quarter QuarterlyResultsQ1FY27 12 AXIOM: Building an AI-led, customer-centric bank Our AI operating model is driven by a platform approach with reusable capabilities AXIOM Operating AXIOM Capability Model Platform 5 focus areas driving AI Reusable, governed capabilities industrialization creating enterprise-wide impact FROM USE CASES TO PLATFORMS REUSABLE AI VisionXtract VoiceAI Knowledge AI RM Copilot CAPABILITY PLATFORMS Document AI capability stack to Voice intelligence stack to drive Enterprise knowledge search Intelligent insights and drive Zero Ops customer satisfaction & content generation relationship augmentation Enterprise assets built once, reused everywhere LIVE LIVE LIVE LIVE ✓ GOVERNANCE LAYER Model Lifecycle Responsible AI, safe & ✓ Enterprise AI ✓ Evaluation Harness ✓ Responsible AI Management & compliant at scale Governance Model Quality evaluation ISO 42001 Certified Monitoring COMMON, REUSABLE, SCALABLE Designed once. Deployed many times. Creating a compounding value across Axis. QuarterlyResultsQ1FY27 13 AXIOM in Action: Q1FY27 - Progress at a glance A Zero Ops ~34 Mn ~1.05 Mn AI-assisted Onboarding AI- assisted doc reading Conversational F B Interface for 0.75 Mn+ Sales & Service 18 Mn+ Collections: Bot-based 2.8 Mn+ Customer chat O Bot based interactions calling interactions Customers C U Enterprise S C ~0.74 Mn No. of queries processed in ADI ~0.64 Mn AI-Powered Customer Conversations Knowledge Bot A R ~ 2.1 Mn Insight E D RM Copilot 8 Mn+ Voice-to-text transcription RM Calls analysed 2 Mn+ Mins generation A S Assurance E Strengthening 55+ Credit models ~320% YoY improvement in fraud value prevention 93K Copilot users ~4 Mn Monthly prompts generated ISO 42001 First Certified BFSI Globally Note: The numbers represents YTD unless otherwise stated QuarterlyResultsQ1FY27 14 Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information QuarterlyResultsQ1FY27 15 Strong capital position with adequate liquidity Bank’s Capital Adequacy Ratio 18.54% 0.72% * 0.46% 17.64% 17.07% 16.63% 16.42% 16.67% 14.64% 2.20% 14.38% 1.10% 3.07% 2.43% 2.00% 1.64% 1.32% 0.55% 0.46% 0.40% 0.40% 0.71% 15.24% 14.02% 13.74% 14.67% 14.38% 14.64% CET-1 Mar'26 Accretion Consumption CET-1 Jun'26 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 * Includes 22 bps increase due to discontinuation of IFR CET 1 CAR AT1 CAR Tier 2 CAR Total CAR Liquidity Coverage Ratio (consolidated) RWA to Total Assets 123% 118% 118% 120% 120% 115% 119% 118% 119% 119% 116% 117% 119% 75% 75% 74% 72% 72% 100% Bank's LCR (consolidated) Regulatory minimum LCR Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 • The Bank holds excess SLR of `1,41,700 crores QuarterlyResultsQ1FY27 16 Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information QuarterlyResultsQ1FY27 17 Retail Banking ~51 Mn 4th `7.54 T n Individual Largest issuer of AUM in wealth customers Credit Cards management 8% 16% 54% YOY growth in YOY growth in Share of Retail advances Rural advances Advances1 14% | 14% 38% 67% YOY Growth in SA CASA ratio Share in QAB2 | MEB3 deposits (MEB3) total fee4 1 Share in Bank’s total advances, 2 QAB: Quarterly Average Balance, 3 MEB: Month End Balance, 4 share in Bank’s total fee for Q1FY27 Axis Bank Document Classification | Confidentiel The Deposit journey for Axis Bank should be looked at from three aspects… 1 2 3 … growing faster than the industry aided by We continue to work on improving the …with controlled movement in cost of deposits improved acquisition and customer deepening. granularization in order to improve the over the last 2 years and… quality of LCR deposits… 5.19% 18% 5.13% 18% 28.6% 28.8% 5.06% 5.08%5.08% 5.07% 27.9% 27.3% 14% 4.94% 13% 14% 13% 13% 26.2% 4.83% 12% 12% 4.79% 4.77% 4.75% 4.73% 4.62% Jun'25 Sep'25 Dec'25 Mar'26 Jun'26 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Last 1 yr Last 3 yrs CAGR Last 5 yrs CAGR FY24 FY24 FY4 FY24 FY25 FY25 FY25 FY25 FY26 FY26 FY26 FY26 FY27 LCR Outflow rates Cost of deposits Industry1 Axis (MEB)2 Axis (QAB)2 Source: 1 Industry data is based on the RBI disclosures as of June 30th, 2026. 2 QAB: Quarterly Average Balance; MEB: Month End Balance. QuarterlyResultsQ1FY27 19 …led by multiple initiatives across the Bank Focus on Productivity & Exclusively curated Digital, transformation Premiumization Bharat Banking Micro market strategy product propositions Partnerships SA New to Bank deposits1 up 30% CAGR in Burgundy 17% YOY growth in Salary ~ 19K extensive distribution Project NEO aiding higher 6% YOY and balances1 per wealth management AUM Uploads in the ETB Salary network of Common Service contribution from transaction- since Mar’20 book2 by Jun’26 Centers (CSC) VLEs3 oriented flow businesses account up 18% YOY 76% of customer requests “Right fit” strategy to Corporate Salary offerings Launched fully digitized 48% YOY growth in remain amongst the best tractor journey in SFDC individual RTD by value serviced digitally as part of accelerate Premiumization available in the market today sourced digitally for Q1FY27 Branch of the Future Calibrated branch expansion ‘ ‘ B B u u r r g g u u n n d d y y P C r ir o c m le i s o e f ’ & N P e ro w g ‘ r F a a m m ’ i a ly n d B b a e n n k e i f n it g s including E th n ir a d b -p le a d r t C y A ne S tw A o o rk p e o n n i n th g e a e t K a YC Siddhi empowering Axis strategy Bank colleagues to engage Trust’ launched industry super premium Magnus Card platform, building a TD with customers seamlessly first servicing proposition for Burgundy customers proposition on the eKYC platform 13% 21% 2.9 mn YOY growth in Premium acquisitions in NTB YOY growth in Term Deposits4 Retail Term Deposits acquired in Q1FY27 Salary book by Jun’26 1Based on Monthly daily average basis (MDAB) 2Sourcing with >25k salary inflows 3 Village Level Entrepreneurs QuarterlyResultsQ1FY27 20 4 QAB Amongst the leading players in India’s Wealth Management space All figures In ₹ trillion Overall Burgundy AUM has grown strongly 30% CAGR1 20% YOY 7.54 6.78 5.92 5.37 3.57 2.61 2.13 1.47 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 16% YOY Burgundy Private AUM ₹2.68 Tn Burgundy Private Families 17,400+ 25% YOY Burgundy Private Client Base 40,100+ 28% YOY 16,889 23% YOY Burgundy Private 3-in-1 Cards 1 CAGR for period Mar-20 to Jun-26 QuarterlyResultsQ1FY27 21 ₹6.8 trillion Retail loan book remains well diversified ~ 73% of our retail book is secured (1) Retail book (in ₹ billion) in ₹ Crores Jun-26 QOQ YOY % Prop Home Loans 1,73,787 - 5% 26% 8% 8% 6% 6% 6% 2 YOY Rural loans 1,17,211 (1%) 16% 17% MFI loans are ~3.7% of retail loans, of which ~1.2% is retail LAP 87,342 - 11% 13% QOQ 0% 4% 0% MFI and the balance is 2% 1% Personal loans 82,781 1% 7% 12% wholesale MFI 3 6,735 6,755 SBB 79,468 2% 18% 12% 6,446 Auto loans 60,134 1% 4% 9% 6,355 6,230 Credit Cards 45,523 1% 5% 7% Comm Equipment 12,956 1% 10% 2% 4 Others 16,344 (3%) (18%) 2% Total Retail 6,75,546 - 8% 100% Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 ETB5 mix in retail portfolio 79% 100% of PL and 75% of Credit Cards portfolio is to salaried segment 77% 67% 55%6 47% 45% Average LTVs:7 63% in overall home loan portfolio 43% in LAP portfolio Personal Loan LAP HL Credit Card SBB Auto loan 1 Basis Bank’s classification of secured, 2 Includes gold loans, 3 Includes LAP in SBB segment of ₹2,918 crs as on 30.06.2026; 4 Others comprise of supply chain finance loans, education loans etc. 5 Existing to Bank (as of May-26) 6 15% of CC acquired in Q1FY27 were through Known to Bank (KTB) channel, 7 LTV on sourcing basis for Q1FY27 QuarterlyResultsQ1FY27 22 Small Business Banking segment All figures in ₹ Crores SBB Portfolio Well diversified customer base2 18% YOY 2% QOQ 11% • ₹79,468 crores overall book with Business Loan (unsecured) book of ₹18,187 crores 23% 79,468 10% 78,018 • ~72% value contribution from Secured products 66,757 17,854 18,187 (working capital, overdraft, term loans, etc.) 2 2 % % 8% 57,219 3% 16,993 • ~₹169 lakh average ticket size disbursed for Working 3% 4% 7% 42,982 14,724 Capital loans1 in Q1 4% 7% 5% 10,316 • ~85% of SBB working capital portfolio is PSL compliant 28,617 6% 6% 60,164 61,281 17,859 6,576 42,495 49,764 • EWS portfolio monitoring indicates risks under control 4,984 32,666 Food and Beverages Infra & Other Construction 22,041 12,875 • ~79% Branch contribution to total business Metal Products & Manufacturing Textile Trade Retail and Wholesale Health Care & Products FY21 FY22 FY23 FY24 FY25 FY26 Q1FY27 • 6.69 lakh+ customer base is on increasing trend Industrial Self employed Non Professionals Petro-Chemical and Products Gems & Jewellery Working Capital Business Loans Paper & Paper Products Chemicals 24x7 Business loans : Transport & logistics Hotels Others End to End digital lending contributes ~77% to overall unsecured BL disbursements 1Average excluding ECLGS 5.0; average ticket size including ECLGS 5.0 was ~₹ 71 lakh 2Working capital loans diversification re-classified basis SEG Industry classification QuarterlyResultsQ1FY27 23 Trend in Credit Card issuances Axis Bank Magnus Credit Card Card issuances continue to remain strong In million 1.26 1.24 1.21 1.11 1.10 1.06 1.07 0.96 0.95 0.92 0.77 0.79 0.68 Indian Oil Axis Bank Credit Card Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 16.1 mn+ ~15% ~13.4% ~11.3% Flipkart Axis Bank Credit Card Cards in force, share of KTB1sourcing to total period end market share spends market share 4.1 mn CIF for Flipkart card issuances in Q1FY27 for credit cards in force as in 2M Q1FY27 Axis Bank Credit of May’26 Card 1 Known to Bank QuarterlyResultsQ1FY27 24 Trend in Card spends and POS terminals ‘GRAB DEALS’, Axis Bank's exclusive shopping platform has scaled up significantly Ranked amongst the largest Merchant Acquiring Bank ₹31 crores GMV (Q1FY27) ~0.5 lakh transactions (Q1FY27) led by ‘One Axis’ focus, improved product capabilities and partnerships Trend in Credit Card spends market share Trend in Debit Card spends Market share in POS terminals3 Overall Q1FY27 CC spends at `70,428 crores All figures In ₹ Cr 2nd 2nd 1st 2nd 2nd Rank 22.1% 22.1% 21.4% YOY QOQ 20.1% 11.8% 11.7% 11.2% 11.3% 11.3%1 8,163 8,357 8,280 19.8% 8,026 3% 1% 7,914 87% 86% 85% 87% 87% 2 4% 1% 13% 14% 15% 13% 13%2 1% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Jun'25 Sep'25 Dec'25 Mar'26 May'26 Commerical Spends Retail Spends 1 Market share for 2M Q1FY27 based on RBI reported data as of May’26 2 Based on spends as proportion of total RBI reported spends QuarterlyResultsQ1FY27 25 3 RBI data, as of May’26 Driving the next phase of growth in Bharat through Scale, distinctiveness and sustainable value creation • Building integrated rural ecosystem to deepen customer engagement and unlock multi-product growth opportunities • Lending opportunities in RuSu markets is complementing the Bank’s overall PSL strategy meaningfully Well diversified rural lending portfolio with presence …..continue to scale high potential businesses through focused Significant coverage in RuSu Markets… across 685 districts across India execution and digital led process MFI- Retail Rural loans portfolio & composition • Market share gain with expansion through geographical footprint and new 21% CAGR1 (in ₹ Cr) 16% YOY 2,937 product variants • Profitability scale up through best-in-class collection efficiency and improving Bharat Banking branches asset quality 102,580 117,211 98,232 91,866 Farm Mechanization • Growth led through prime dealerships with faster TAT and digitized journeys 70,918 • Scaling Used Tractor business and be a “One-Stop” solution for dealers 56,332 18,926 43,698 Gold CSC VLEs network • Growth led by Agri, MSME along with branch expansion & digitized journeys • Aligning with Regulatory priorities for sustainable business growth Bharat Enterprises FY21 FY22 FY23 FY24 FY25 FY26 Q1FY27 …with steady growth in business… • Focus on diversification to create stable book of MSME and Agri Ancillary • Explore and extend our presence in micro market hotspots for liability and forex 13% 4% 16% Farmer Funding • Increase mix of Agri allied (Dairy, Fishery, etc), KCC and FPO for higher PSL Farmer Finance 35% YOY growth in Rural Advances growth 6% Bharat Enterprises • Unlocking growth through ecosystem funding in farm to fork value chain Gold Social Security schemes 14% MFI-Retail • All products digitized to improve customer experience and adoption MFI-Wholesale & Co-lending • Sourcing through all banking channels depicting “One-Axis” approach Farm Equipment 15% | 4% 28% YOY | QOQ growth in Deposits 1 Mar-21 to Jun-26 QuarterlyResultsQ1FY27 26 We have a very well distributed branch network Branch presence across categories Domestic branch network1 Axis Virtual Centre 7% YOY 6,275 6,295 19% 5,876 31% 5,377 4,903 ~4.2 mn 8 Customer connect 2 Centers 28% 1,700 22% Virtual RMs Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 Metro Urban Semi-Urban Rural • Calibrated approach towards new branch additions across focused regions • Connected with ~4.2 mn customers through this channel on an average per month in Q1FY27 • Aligned to our Bharat Banking strategy, specific RuSu branches follow an asset-led liability model • AVC manages relationship with our existing • The Bank further has 315 BCBOs as of 30th June, 2026 customers under affluent and other programs • Dedicated Asset Desk Managers for fulfilment of all loan leads at select branches • AVC is present across West, South, North and East with 8 centres • Select Platinum branches to cater to SBB customer base QuarterlyResultsQ1FY27 27 1 Includes extension counters 2 monthly average for Q1FY27 Corporate & Commercial Banking 38% 25% 27% YOY growth in YOY growth in YOY growth in Corporate loans SME loans Mid Corporate loans 13% 91% 87% YOY growth in Share of corporate Incremental sanctions Transactional Banking fees, advances to clients to A-and above1 forex & trade rated A-and above (for Q1FY27) 13% | 6% 11% 38% YOY growth in CA Foreign LC Market NEFT Market Share deposits on QAB2 | MEB2 Share June’26 3 June’26 3(by volume) 1 in corporate segment for Q1FY27 2 QAB: Quarterly average balance, MEB: Month End Balance Axis Bank Document Classification | Confidentiel 3 Market share based on last twelve month average of RBI’s monthly reported data Strong relationship led franchise driving synergies across One Axis entities… We have re-oriented the organisation structure in Corporate & Commercial Banking for delivering execution excellence • Segregated the responsibilities of coverage and product groups to ensure sharper focus • Corporate & Commercial Bank coverage reorganized into 8 coverage groups, each with a stated objective ‘One stop shop’ for Banking needs of Indian Corporates Conglomerates & Large Transaction Banking 1 Corporate • Cash Management • Trade & Supply Chain Mid Corporate • Letter of Credit/ Bank Guarantee Axis Trustee • Bill/ Invoice Discounting • Current Accounts Multi-national • Correspondent Banking • Custodial Services Full Service Loan & Deposits 2 Real Economy Corporate & • Working Capital / Term Loans Commercial A.Treds • Wholesale Deposits Bank Institutional Coverage Treasury, Capital Markets & Investment Banking • Debt Capital Markets (DCM) Government Coverage 3 • Equity Capital Markets (ECM) Axis Capital • M&A & Advisory • Forex & Derivative Solutions Commercial Banking Linkage to RetailBank Axis Finance 4 • Wealth Management – Burgundy / Burgundy Private • Salary Accounts of employees Axis MF Structured Assets Reliable Partner Throughout the Business Life Cycle QuarterlyResultsQ1FY27 29 …with 91% of the book rated A- and above 91% of the corporate loan book is Corporate Loans Overseas corporate loan book rated A- or better In ₹ Cr YOY QOQ • 84% is India linked based on standard book • 69% of book as on 30.06.2026 is rated AA- & above • 98% is rated A- and above based on standard book • 64% of standard outstanding constituted by top 10 conglomerates 434,392 38% 5% 412,943 In ₹ Cr 54,202 110% 26% 42,914 11% 11% 10% 9% 9% 299,393 54,202 278,149 268,334 27,922 26,819 42,914 32,299 31% 3% 370,028 380,190 89% 89% 90% 91% 91% 271,471 25,825 236,035 251,330 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 Jun-25 Mar-26 Jun-26 A- or better BBB and below Overseas Domestic 89% 88% %90% 86% 87% Incremental sanctions to corporates rated A- & above QuarterlyResultsQ1FY27 30 We have a strong Transaction Banking proposition NEFT Volume Payment Market Share IMPS Volume Market Share3 Market Share at Market share at 38% (Jun 261) 27% (Jun 261) Foreign LC Market Share2 BBPS Value Market Share3 Market Share at Market Share at 11% (Jun 261) 16% (Jun 261) RTGS Value Payment Market Share3 GST Payment Market Share4 Market Share at Market Share at 9% (Jun 261) 7% (Jun 261) 3 Current Account Digital Adoption 6%YOY growth in Current Account, Month End 82% Current Account customers Balances (Q1FY27) registered for internet/mobile banking 1 Last twelve month average 2 Foreign LC – SWIFT Watch 3 RTGS/NEFT/IMPS Payment – RBI Report QuarterlyResultsQ1FY27 31 4 GST Payment – Ministry of Finance We remain well placed to benefit from a vibrant Corporate Bond market Placement & Syndication of Debt Issues All figures in ₹ Crores Movement in corporate bonds Amount mobilized / arranged1 Market share and Rank2 14% 14% 13% 12% 1st 1st 12% 47,492 30,703 21.0% 20.8% 51,550 51,938 48,948 48,355 44,352 Q1FY26 Q1FY27 Q1FY26 Q1FY27 #1 Ranked arranger for rupee denominated bonds as per Bloomberg league table Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Top arranger - Investors' Choice for % to Corporate Loans primary issues and Top Sell-side firm in the Secondary Market 1 Only includes the proportion of amount arranged by Axis Bank 2 As per Bloomberg League Table for India Bonds QuarterlyResultsQ1FY27 32 neo by Axis Bank | Empowering Businesses with Cutting-Edge Digital Solutions from Account Opening to Seamless Web & Mobile Experiences Transformational Impact of Neo reflected in …with a fully digital application that sets new standards for the strong product-market fit supported by Highly rated Mobile Banking App seamless and efficient customer onboarding ERP focused solutions and Partnerships 4.6 neo for Corporates Store Rating 4.6 Infiniti 4.6 Eliminate paperwork and People’s Choice onboard customers 6.5K+ 4.3K+ faster, smarter, and more Customers Customers securely. 5.7L+ Widely recognized for product innovation and customer experience… Customers • 1 Lac+ accounts opened using this platform • Digital CIB onboarding throughco-origination journey reduced TAT by 3X Key Milestones - neo for corporates • Integrated APIs digitise every step, reducing account opening time by 50% One platform. One experience. • Platform provides complete visibility of application movement Enabled Complete suite of CA • Future-ready omni-channel & omni-constitution platform. servicing Enhanced Liquidity management with Deposits and eLMS now available on neo for Corporates QuarterlyResultsQ1FY27 33 Industry-wise Distribution (Top 10) All figures in ` Crores Outstanding1 as on 30th Jun’26 Total Rank Advances Investments Non-fund based Sectors Value (in % terms) 1. Financial Companies2 1,10,338 35,569 57,688 2,03,595 13.01% 2. Engineering & Electronics 30,003 - 44,458 74,461 4.76% 3. Power Generation & Distribution 44,521 4,494 17,114 66,129 4.23% 4. Real Estate3 58,409 3,014 1,610 63,033 4.03% 5. Trade 46,817 5 12,085 58,907 3.76% 6. Infrastructure Construction4 26,953 3,603 21,282 51,838 3.31% 7. Food Processing 42,339 - 5,330 47,669 3.05% 8. Iron & Steel 29,215 - 15,258 44,473 2.84% 9. Chemicals & Chemical Products 20,119 51 15,473 35,643 2.28% 10. Petroleum & Petroleum Products 22,244 1,183 8,335 31,762 2.03% 1 Figures stated represent only standard outstanding (advances, investments and non fund based) across all segments 2 Includes Banks (32% in Q1FY27 vs 28% in Q4FY26), Non Banking Financial Companies (44% in Q1FY27 vs 42% in Q4FY26), Housing Finance Companies (6% in Q1FY27 vs 5% in Q4FY26), MFIs (3% in Q1FY27 vs 3% in Q4FY26) and others (15% in Q1FY27 vs 22% in Q4FY26) 3 Lease Rental Discounting (LRD) outstanding stood at `38,006 crores 4 Financing of projects (roads, ports, airports, etc.) QuarterlyResultsQ1FY27 34 Strong growth in SBB+SME+MC book despite tightening our risk standards All figures in ` Crores 23% 21% 24% 27%1 CAGR2 20% 19% 306,086 15% 32% CAGR2 247,172 74,999 27% 209,985 58,956 CAGR2 in combined MSME, MC and 171,242 47,579 22% CAGR2 SBB segment 130,355 38,465 151,619 120,872 93,166 28,021 104,016 18,414 86,503 70,689 34% CAGR2 56,527 46,274 58,390 67,344 79,468 9.2% 31,645 18,225 Jun'21 Jun'22 Jun'23 Jun'24 Jun'25 Jun'26 Axis Bank’s Incremental MSME4 market share in last 5 years SBB SME Mid Corporate % of overall loan book 8.1% Axis Bank’s market share as % of SBB+SME+MC book has grown ~1.3x the overall book growth YOY, with ~911 bps overall Industry MSME4 credit3 improvement in contribution mix from 15.2% to 24.3% over last 5 years 1 Considering our SME+SBB+MC book as numerator 2 period for CAGR Jun’21 – Jun’26 3 Based on RBI data as of May26 4 MSME includes SBB+SME+MC SBB: Small Business Banking segment, SME – Small Enterprises Group segment + Medium Enterprises Group segment, MC – Mid Corporate segment QuarterlyResultsQ1FY27 36 Commercial Banking • One of the most profitable segments of the Bank with high PSL coverage • Data driven credit decisions, simplified products and digitized operations aiding higher business growth SME1 Advances All figures in ` bn 13% 15% 15% 16% 16% 25% YOY 3% QOQ 87% 85% 85% 84% 84% 1,472 1,516 1,185 Rated on SME 1,037 Model Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 894 67% SME3 or better Others 68% Rated on 74% 80% Large 83% Corporate 33% Model 26% 32% 5% 3% 3% 2% 1% 17% 20% 15% 15% 17% 24% 20% Mar'23 Mar'24 Mar'25 Mar'26 Jun'26 36% 48% 49% 45% 49% 42% 35% 35% 28% 28% 85% of loans were PSL compliant Mar'23 Mar'24 Mar'25 Mar'26 Jun'26 A- and better BBB+ and BBB BBB- Below BBB- 1. CBG / SME advances represent advances of Small Enterprises Group (SEG) segment and Medium Enterprises Group (MEG) segment Note: As per the internal policy, companies in CBG portfolio are being suitably rated under SME ratings model or large corporate ratings model depending on their turnover. QuarterlyResultsQ1FY27 37 SME lending Book by Loan size Well diversified Geographical mix Well diversified Sectoral mix 2% 9% 18% 25% 10% 27% 15% 13% 29% 17% 19% 8% 15% 16% 29% 8% 2% South 2 West 2 East & others 2% Less than 5 cr 5 cr to 10 cr 2% 6% West 1 North 1 North 2 3% 10 cr to 25 cr More than 25 cr South 1 South 3 3% 6% 4% 4% 4% 4% SME book mix (by tenure) Incremental sanctions to SME rated Trade Retail and Wholesale Food and Beverages SME3 & above CRE Textile Engineering Petrochemical and Petroleum Products Services Iron & Steel - Manufacturing 30% 32% 34% Trade Metal and Metal Products Chemicals Drugs and Pharmaceuticals Infrastructure Construction Industrials 87% 87% 89% 70% 68% 66% Others Mar-25 Mar'26 Jun-26 FY25 FY26 Q1FY27 Short term loan Long term loan QuarterlyResultsQ1FY27 38 Digital Banking 98% 92% 46% 66% 48% 74% Digital Credit cards New MF SIP New SA Individual RTDs PL disbursed (end-to-end digital) transactions1 issued2 (Q1FY27) volume (Q1FY27) acquisition3 value (Q1FY27) (in Q1FY27) D2C products 250+ 300+ 4.8 16 Mn+ 480 4,400+ Services on Employee tool Mobile App 4 Mobile Banking Total APIs Robotic automated digital channels Journeys ratings MAU5(Jun-26) processes Transformation 2,500+ 750+ 87% Agile 40%+ 240+ People dedicated to In-house digital New hires6 from Enabled teams Lift of bank Apps on cloud technology agenda banking team6 non-banking with CI/CD, micro- credit model services GINI scores background Capabilities architecture over bureau ~12 Mn+ ~15% Non Axis Bank customers using Axis Contribution of KTB channels to overall Mobile app7 (as of June’26) sourcing of Cards (in Q1FY27) 1Based on all financial transactions by individual customers in Q1FY27 2 through digital and phygital mode 3 Digital tablet based account opening process for Q1FY27 4 on Google Play store 5 Monthly active users 6 Including in-house Digital Banking team from Freecharge 7 Excludes Axis Pay app as it is decommissioned Our digital strategy: open by Axis Bank Open by Axis Bank – A Fully Digital Bank within the Bank Proprietary, distinctive digital A - Distinctive In-house Digital Capability across People, Tech & Processes native capabilities Acquire New Customers at Scale - 48% of retail individual TDs acquired digitally by value 1 Re-imagined & delightful B Become a Digital Consumer Lending Powerhouse customer experience - 74% of PL disbursed digitally 1 Become a Benchmark Digital Bank Globally - ‘Axis Mobile’ is top rated Mobile Banking App Full suite of products and C services Become the Leader in New Platform Businesses - Early leadership in Account Aggregator, ONDC, CBDC, OCEN 1 Data as of Q1FY27 QuarterlyResultsQ1FY27 40 open by Axis Bank is a one stop solution for all the digital banking needs having: Leadership in technology with several We continue to scale up Account Aggregator A B C Distinctive customer experience industry firsts based use cases 5.6x ~1.5 m 76% 1st 99.69% of Branch service request YOY growth in AA3 based Registrations since launch Indian Bank to CIS Score - % volumes covered Personal loans disbursed of ‘One View’ be ISO certified rating for Center for its AWS and of Internet 12 mn+ Azure Cloud Security (CIS) Non-Axis Bank customers using Axis security Benchmark Mobile & Axis Pay apps as of Jun’26 ~ ₹8.1 tn 810 0.01% MB spends in Q1FY27, up UPI-Declines 2 18% YOY Best-in-class - % decline as BitSight 1 rating 16 mn+ remitter (TD) in BFSI Monthly active users on Axis Mobile Banking 67% MB customers banking only on mobile app Store Rating Bank on-the-go with ‘open’ 4.8 Hyper personalized | Intuitive | Seamless 4.8 Among the highest rating of 4.8 on Google Play Store with 3.5 mn+ reviews People’s Choice 1 BitSight Security Ratings as of Jun’26 – higher the rating, the more effective the company is in implementing good security practices 2 As of Jun 26 3 Account Aggregator QuarterlyResultsQ1FY27 41 UPI has scaled up tremendously to become a key channel for customer transactions We have developed best-in-class UPI stack that enables us to offer cutting edge customized solutions across SDK, Intent, Collect and Pay offerings apart from new use cases like UPI AutoPay Dedicated IT cloud infrastructure to exclusively handle high volume UPI transactions has resulted in Axis Bank achieving one of the lowest decline rates as a remitter when compared to peer banks Strong customer base and partnerships UPI transaction value and volumes UPI P2M Throughput (as Payer PSP) (in ` crores) 2,789 mn 48% YOY 34% YOY Cumulative VPA base1 25,706 ~ 16.6 mn 24,761 23,400 21,739 580,523 Merchants transacting per day on our stack 17,356 532,618 526,508 48% YOY 473,452 Marque partnerships across the PSP and 433,635 acquiring side 3,373,257 3,137,556 3,065,153 2,591,458 2,279,818 and many othe₹. Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 1 A user registering VPA once in Axis Pay and once in Google Pay is counted as two Quarterly transaction value (in `Cr) Quarterly transaction volume (in mn) Axis Bank continues to maintain leading Position in UPI Payer PSP space with a market share of ~38% by volume in Q1FY27 QuarterlyResultsQ1FY27 42 Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information QuarterlyResultsQ1FY27 43 GNPA, NNPA, slippages and credit costs improved YOY GNPA at 1.28% & NNPA at 0.39% Segmental composition Retail CBG WBG Total 1 1 1 1 66% 64% 90% 70% 1.57% 1.46% 1.40% 1.23% 1.28% 1.98% 0.45% 0.44% 0.42% 0.37% 0.39% 0.50% 1.28% 0.67% 0.70% 0.26% 0.05% 0.39% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 GNPA NNPA GNPA NNPA GNPA NNPA GNPA NNPA GNPA % NNPA % Slippages (Annualised) Credit Cost (Annualised) 3.13% 2.11% 2.11% 1.79% 1.63% 2.33% 1.70% 1.05% 1.11% 1.12% 0.70% 0.95% 1.02% 0.92% 0.75% 1.38% 0.73% 0.76% 0.37% 0.63% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Gross Slippages Net Slippages 2 Credit Cost Net credit cost 1 Provision coverage ratio without technical write offs 2 credit cost net of recoveries in written off accounts QuarterlyResultsQ1FY27 44 Detailed walk of NPAs over recent quarters All figures in ₹ Crores Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Gross NPAs - Opening balance A 14,490 17,765 17,308 17,167 16,084 Fresh slippages B 8,200 5,696 6,007 4,675 5,566 Upgradations & Recoveries C 2,147 2,887 2,872 2,662 2,126 Write offs D 2,778 3,266 3,276 3,096 2,399 Gross NPAs - closing balance E = A+B-C-D 17,765 17,308 17,167 16,084 17,125 Provisions incl. interest capitalisation F 12,699 12,194 12,013 11,294 11,932 Net NPA G = E-F 5,066 5,114 5,154 4,790 5,193 Provision Coverage Ratio (PCR) 71% 70% 70% 70% 70% Accumulated Prudential write offs H 44,073 45,333 46,217 44,631 44,647 PCR (with technical write-off) (F+H)/(E+H) 92% 92% 92% 92% 92% Provisions & Contingencies charged to Profit & Loss Account Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Loan Loss Provisions 3,900 2,133 2,307 1,146 2,079 Other Provisions 48 1,414 (61) 2,376 144 For Standard assets1 154 1,5683 (128) 455 195 Others (106) (154) 67 1,9212 (51) Total Provisions & Contingencies (other than tax) 3,948 3,547 2,246 3,522 2,223 1 including provision for unhedged foreign currency exposures 2 Includes an additional one-time provision of ₹2,001 crores under prudent provisioning framework for standard assets 3 includes additional one-time standard asset provision of `1,231 crores QuarterlyResultsQ1FY27 45 Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information QuarterlyResultsQ1FY27 46 ESG focus continues to have Bank-wide sponsorship Our Purpose Statement: Banking that leads to a more inclusive and equitable economy, thriving community and a healthier planet Steady Performance on Global ESG Benchmarks Latest S&P DJSI ESG Environmental Social Governance Score 2025 - 58 ₹61,348 Cr ~2.8 Mn 1st 9th Consecutive year Achieved Under Wholesale Banking Households reached Indian Bank to constitute an on FTSE4Good Index to sectors with positive social and underSustainable Livelihoods ESG Committee of the Board in 2025 environmental outcomes ~5.2 Mn​ 69% ~4.16 Mn women participants in MSCI ESG Ratings microfinance rural lending Proportion of Independent, atAAA in 2025(June) Saplings planted to create Carbon Non-Executive Directors on the Board 30.1% sink for environment Governance Score 81 7.2% Female representation 23% Grade: Leadership inworkforce (Top 7% companies in EV penetration in fiscal Proportion of women the S&P BSE) 2026 (4-W) directors on the Board 1.62 Lakh + 9.01% 98%+ women empowered through Score 69 (Strong financial literacy sessions category) on CRISIL EV penetration in fiscal Eligible Employees trained in PAN India ESG Ratings Jul 2025 2026 (2-W) AML & related laws Rated 18.43 - Low Risk on Sustainalytics 2026 (Jan) Among the top 10 Among top 10 Among Top 10 Among Top 10 Constituents of Nifty100 constituents of S&P Constituents of MSCI India Constituents of S&P BSE ESG Sector Leaders Index BSE 100 ESG Index ESG Leaders Index CARBONEX Index QuarterlyResultsQ1FY27 47 Committed to Positive Climate Action and Achieving the SDGs In September 2021, the Bank announced commitments aimed at supporting India’s low-carbon and equitable economic transition towards achieving the SDGs and India’s commitments under the Paris Agreement Our Commitment Unit Achievement as on FY 2026 Incremental disbursement of Rs. 10,000 crores by FY 2024 under Asha • Incremental disbursement Home Loans for affordable housing; increasing share of women borrowers Target achieved in 2024 • Share of women borrowers from 13.9% to 16.9% Incremental financing of Rs. 60,000 Crores under Wholesale Banking to Cumulative Exposure ~₹61,348 Cr1 sectors with positive social and environmental outcomes, by FY 2030 Making 8% of its retail Two-Wheeler loan portfolio as electric by FY 2027 EV % as share of 2W & 4W 9.01%2 Making 7% of its Passenger Four-Wheeler loan portfolio as electric by FY loan portfolio (Y) 7.2%2 2027 Scaling down exposure to carbon-intensive sectors, including Coal and Exposure well within FY Progress on Glide Path Thermal Power 2026 targeted cap Reaching 30% female representation in its workforce by FY 2027 Overall diversity 30.1% Planting 8 million saplings by FY 20303 across India towards contributing to Saplings planted ~4.16 million saplings planted creating a carbon sink Initial commitments were achieved before the timeline 1. Bank had achieved its earlier target of incremental financing of Rs 30,000 Crores by March 2026 and updated the target till 2030 2. Bank had achieved its earlier 2-W and 4-W EV Lending portfolio target of 6% and 4% respectively by December 2025 3. Target of planting 2 million trees has been upgraded in March 2025 to planting 8 million trees by 2030 QuarterlyResultsQ1FY27 48 Sparsh, our enhanced Customer Experience program, simplifies interactions, driving NPS, digitization, with a focus on customer loyalty and business growth NPS Digital Enablers Inside-out perspective Outside-in perspective Industry-first LIVE initiatives (Kantar Retail Bank Survey) NPS (Net Promotor Score) ADI | Gen AI chatbot Peer 1 Peer 2 Peer 3 Peer 4 A Generative AI conversational chatbot to instantly assist front- 160 152 153 line staff with query resolution 4 3 2 2 2 1 2 1 1 1 2 1 2 3 2 3 4 5 5 4 4 4 4 5 100 100 100 60 636260 59 65646462 58 67 63 6060 59 565756 5961 58 55 S 1. c 9 a x l e fr : o 8 m 7 K 45 e K m f p o l r o F y Y e 2 e 5 s experienced ADI in FY26 across the bank, up 48 50 Usage: Query volumes grew 3.5x YoY to 32.5+ lakh in FY26 Retail Liabilities Retail Assets Credit Cards Coverage: 60 products and processes added in FY26; 90+ products and Baseline DeQc4'2 5(F(FYY’2266)) F F F F F processes overall. Y Y Y Y Y 2 2 2 2 2 2 3 4 5 6 Customer impact: Helps improve response speed, strengthen first time Baseline1 Q4 (FY 26) Movement right resolution, and deliver consistent customer interactions Retail Bank 100 159 +59 Axis Bank maintains 2nd rank for the third year in a row 1Baseline = AMJ'22 (Q1 FY23) | Real-time CXM Customer Trust Build Culture Build A single chronological view of customer footprint, across various channels to improve first-contact resolution HARVEST TO HORIZON most loved brand ABYB Bharat Banking | Jan 26 Senior Citizens & NRI | Feb 26 Axis Bank Young Bankers Scale: FY26 YTD, 75K employees experienced Kaleidoscope across the bank. ABYB embeds Sparsh early into frontline A leadership-led immersion across Bharat markets to A focused cohort strategy to deepen trust-based development through branch immersion and uncover growth opportunities and customer-journey relationships with Senior Citizens and NRIs. Usage: Interaction volumes grew 5.2x YoY to ~74 lakh in FY26 NPS-led execution strengthening the frontline friction. talent pipeline Coverage: 20 new journeys added in FY26; 50 live journeys overall 80 leaders | 280 Bharat locations 500+ Branches | 4,600+ Senior Citizen engaged 3000+ young bankers & 25+ Faculty Customer impact: Helps improve first contact resolution, and 400 in-person customer connects ~140 NRI in-person customer connects trained & certified enables seamless servicing by bringing together customer context 550+ leads across journeys and touchpoints QuarterlyResultsQ1FY27 49 Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information QuarterlyResultsQ1FY27 50