Axis Bank filed its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26 with the National Stock Exchange of India and BSE Limited. The filing, made pursuant to Regulations 30 and 34 of the SEBI Listing Regulations, outlines the bank's adherence to the National Guidelines on Responsible Business Conduct (NGRBC).

The report provides a comprehensive overview of the bank's governance structure, social impact, and environmental stewardship. SGS India Private Limited provided reasonable assurance on the BRSR Core and limited assurance on other indicators.

Governance and Oversight

The Board of Directors holds the highest authority for the oversight of business responsibility and sustainability policies. As of March 31, 2026, the Board comprised 13 directors. The bank has established a Board-level ESG Committee to drive decision-making on sustainability matters. Policies covering all nine NGRBC principles have been approved by the Board and translated into procedures.

Financial and Operational Metrics

The bank reported a paid-up capital of ₹ 621.63 crores. It operates 6,278 offices nationally and 7 internationally, serving 35 states and 2 countries. The workforce consisted of 1,11,571 employees, with female representation at 30.1% in FY 2025-26. The bank achieved its target of 30% female representation in the workforce ahead of the FY 2027 deadline.

Environmental Performance

Axis Bank's total energy consumption for FY 2025-26 was 9,10,826.08 GJ. The total Scope 1 and Scope 2 emission intensity stood at 1.55 tCO2e per full-time equivalent (FTE). The bank has set a target to reduce carbon emission intensity by 3.5% per employee by FY 2027. Initiatives such as the implementation of a Centralized Energy Management System (CEMS) and solar power projects helped avoid approximately 13,740 tCO2e of carbon emissions during the year.

Stakeholder Engagement and Grievances

The bank engaged with various stakeholder groups, including investors, customers, employees, and regulators, through multiple channels. During FY 2025-26, the bank received 4,97,247 customer complaints, of which 1,671 were pending resolution at the end of the year. No data privacy breaches were reported. The bank also reported 49 sexual harassment complaints, with 10 pending resolution.

Social and CSR Initiatives

Under its Corporate Social Responsibility (CSR) initiatives, the bank spent ₹ 102.33 crore in aspirational districts. The bank aims to plant 8 million trees across India by FY 2030 and had planted 4.16 million trees by the end of FY 2025-26. It also mobilised ₹ 61,348 crore in wholesale banking financing towards environmentally and socially beneficial sectors.

Axis Bank Limited has notified the stock exchanges of its 32nd Annual General Meeting (AGM) scheduled for Friday, July 31, 2026, at 10:00 a.m. (IST), to be conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM). The notice was filed on June 25, 2026, pursuant to Regulations 30, 34, and 53 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The record date for dividend eligibility has been set as Friday, July 10, 2026, with remote e-voting available from Monday, July 27, 2026 (9:00 a.m.) to Thursday, July 30, 2026 (5:00 p.m.).

Ordinary Business

The AGM agenda includes adoption of the Bank's audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, along with the reports of the Board of Directors and Auditors. The Board has recommended a final dividend of ₹1 per equity share of face value ₹2 each for fiscal 2026, subject to shareholder approval. The re-appointment of Subrat Mohanty (DIN: 08679444) as a Director retiring by rotation is also proposed under ordinary business.

Director Re-appointments and Remuneration Revisions

The following table summarises the key director-related resolutions proposed at the AGM:

The remuneration revisions for the MD & CEO and Executive Directors are in line with the Bank's Remuneration Policy and are subject to RBI approval. Variable pay components remain subject to RBI compensation guidelines, with total variable pay capped at a maximum of 300% of fixed pay.

Fund-Raising Resolutions

The Bank is seeking shareholder approval for two significant fund-raising resolutions:

• Debt Securities (Special Resolution): Borrowing/raising of funds in Indian rupees or foreign currency by issue of debt securities on a private placement basis for an amount not exceeding ₹35,000 crores, for a period of one year from the date of passing the resolution. Instruments include long-term bonds, masala bonds, sustainable/ESG bonds (including green bonds), non-convertible debentures, perpetual debt instruments, AT 1 Bonds, Infrastructure Bonds, and Tier II Capital Bonds.

• Equity Capital (Special Resolution): Raising of funds by issue of equity shares, depository receipts, and/or convertible securities for an aggregate amount not exceeding ₹20,000 crores. The Bank noted that its Common Equity Tier 1 (CET 1) ratio stood at 14.38% as against the regulatory minimum requirement of 8% for CET 1 as on March 31, 2026. The resolution is an enabling approval and does not indicate an immediate issuance.

Material Related Party Transactions

Shareholder approval is sought for material related party transactions (exceeding the materiality threshold of ₹5,000 crores) with the following entities, from the conclusion of the 32nd AGM to the conclusion of the 33rd AGM:

All proposed related party transactions are to be conducted on an arm's length basis and in the ordinary course of business. The Audit Committee has reviewed and confirmed that the terms of the above transactions are in the interest of the Bank.

Key Financial Highlights (Fiscal 2026)

The AGM notice also includes the Bank's Integrated Annual Report for fiscal 2026. Key standalone financial metrics are summarised below:

The decline in net profit was primarily attributable to a 71% increase in provisions and contingencies to ₹13,263 crores in fiscal 2026, including an additional one-time provision of ₹2,001 crores made under the Bank's prudent provisioning framework for standard assets, and a provision of ₹1,231 crores for declassified PSL loans following an RBI advisory.

The AGM notice and Integrated Annual Report are available on the Bank's website at www.axis.bank.in . Shareholders may register as speakers for the AGM from Monday, July 27, 2026 (9:00 a.m.) to Wednesday, July 29, 2026 (5:00 p.m.).