South Indian Bank has disclosed the voluntary retirement of Ms. Biji S S, Chief General Manager and Head of Branch Banking, Liabilities, Micro & Small Enterprises and Third Party Products, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation, dated May 18, 2026, was communicated to both the National Stock Exchange of India Ltd. and BSE Ltd. by the bank's Company Secretary, Jimmy Mathew.

Details of the Senior Management Change

Ms. Biji S S submitted her notice of voluntary retirement on May 18, 2026, citing personal grounds and the desire to pursue professional opportunities outside the bank. The bank has accepted her retirement, and she is currently serving her notice period as per the terms of employment. Her last working day is confirmed as June 17, 2026.

The key particulars of the change in senior management, as disclosed under Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, are as follows:

Retirement Notice and Background

In her resignation letter addressed to the Managing Director & CEO of South Indian Bank, Ms. Biji S S invoked Regulation 29 of The South Indian Bank Employees Pension Regulation 1995, submitting a one-month notice period. She noted 30 years of service with the bank, expressing gratitude to the organisation, superiors, colleagues, and teams for their support and guidance throughout her tenure.

Ms. Biji S S confirmed in her letter that the decision to opt for voluntary retirement is purely on personal grounds, made after careful reflection for pursuing her professional ambition outside the bank, and that there are no other material reasons for opting for voluntary retirement. She also expressed commitment to ensuring a smooth handover of responsibilities during the transition period.

Management Continuity

South Indian Bank stated that, as sufficient leadership and oversight are available internally, the bank is well-positioned to ensure continuity in the management of the requirements of the role vacated by Ms. Biji S S. The bank further noted that additional disclosures under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 will be made when her retirement comes into effect on the last day of her service. The aforesaid information has also been hosted on the bank's official website.

South Indian Bank has confirmed the completion of dispatching its postal ballot notice via email to all eligible members on May 15, 2026. The communication was sent to shareholders whose email addresses are registered with the bank, its Registrar & Share Transfer Agent, or Depository Participants. Eligibility for the postal ballot is determined based on the Register of Members as of the cut-off date, Friday, May 08, 2026. The bank has published advertisements regarding the e-voting information in the Financial Express (All India edition) and Deepika (Thrissur edition) on May 16, 2026. This action complies with Section 108 of the Companies Act, 2013, and relevant SEBI Listing Regulations. The requirement to send physical copies of the Postal Ballot Notice and forms has been dispensed with, meaning all voting will occur through the remote e-voting system only.

E-Voting Schedule and Process

The bank has facilitated remote e-voting through Central Depository Services (India) Limited (CDSL), enabling all members to cast their votes electronically. The e-voting module will be disabled once the period concludes, and members will not be permitted to change their votes after submission. The key dates for the e-voting process are as follows:

Shareholders holding shares in dematerialised form must update their email and KYC details with their Depository Participant. Those holding physical shares should submit Form ISR-1 to the Registrar & Share Transfer Agent, M/s. MUFG Intime India Private Limited, to register or update their email address. Members who have not received the email of the Postal Ballot Notice may write to ho2006@sib.bank.in to obtain the same.

Scrutinizer and Results Declaration

The Board of Directors has appointed Sri. P. D. Vincent, Practicing Company Secretary (Managing Partner, SVJS & Associates, Company Secretaries), as the Scrutinizer to ensure the postal ballot process is conducted in a fair and transparent manner. In his absence, Sri. Jayan K, Practicing Company Secretary (Partner, SVJS & Associates, Company Secretaries), will act as the Scrutinizer.

The outcome of the postal ballot will be announced by the Chairman or an authorized person at the bank's Registered Office. The declaration is scheduled to occur no later than two working days after the e-voting period ends, specifically on or before June 16, 2026, at 5:00 p.m. IST. The results will be displayed on the bank's website and the CDSL e-voting portal at www.evotingindia.com , and simultaneously communicated to the National Stock Exchange of India Ltd. and BSE Ltd. Members with queries or grievances may contact CDSL at the toll-free number 1800 21 09911 or write to helpdesk.evoting@cdslindia.com .