SBI : PRE-IPO TRANSACTION UPDATE WORTH RS 1,655 CR

• State Bank of India entered into share purchase agreements on July 9, 2026, to sell 2,88,32,748 equity shares of SBI Funds Management Limited (SBIFM) at Rs. 574.00 per share • Total consideration of Rs. 1,655.00 crores for 1.4156% of SBIFM's pre-Offer share capital • Transaction subject to fulfillment of conditions precedent • Investor-wise details provided in Annexure A • Details required by SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 provided in Annexure B

State Bank of India

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