YES Bank Limited has received an ESG (Environmental, Social, and Governance) score of 80.5 for FY 2024-25, as disclosed in a regulatory filing dated February 24, 2026. The rating was assigned by SES ESG Research Pvt. Ltd., a SEBI-registered ESG Rating Provider under Category II.

Official Regulatory Disclosure

The bank made the disclosure through an official communication to both the National Stock Exchange of India Limited and BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was signed by Company Secretary Sanjay Abhyankar and formally submitted to the exchanges.

Independent ESG Assessment

The ESG rating was conducted independently by SES ESG Research without any engagement from YES Bank. The assessment was based entirely on the bank's public disclosures pertaining to FY 2024-25, demonstrating the importance of transparent sustainability reporting in the banking sector. The bank confirmed that it has not engaged SES ESG for ESG Ratings, ensuring the independence and objectivity of the evaluation.

Comprehensive ESG Framework

The ESG evaluation encompasses multiple dimensions of sustainability performance. The assessment covers environmental management practices, social responsibility initiatives, and governance standards across the bank's operations.

Environmental Performance Highlights

YES Bank has demonstrated significant environmental commitments with several notable achievements:

• Green Building Certifications: YES Bank House holds Platinum certification while Delhi's Okhla office has Gold certification from the Indian Green Building Council (IGBC)
• Net Zero Target: The bank has set an ambitious target to achieve net zero emissions by FY 2030
• Renewable Energy: Approximately 19% of energy consumption comes from renewable sources, showing an increase from FY 2022-23
• Green Financing: Sanctioned debt facilities worth ₹ 7,357.00 crores for renewable energy projects including solar, wind, hybrid and pumped-storage of around 2,210 MW

Social Responsibility Metrics

The bank's social performance includes various workforce and community-focused initiatives:

• Gender Diversity: More than 23% female representation in total employees
• Health and Safety: Achieved ISO 45001:2018 certification for Occupational Health and Safety Management System
• Financial Inclusion: Conducted financial literacy drives across 1,248 YES Bank branches, empowering over 16,000 women
• Priority Sector Compliance: Achieved 100% compliance with Priority Sector Lending (PSL) norms

Governance Standards

The governance assessment covers board composition, audit practices, and compliance frameworks:

• Board Diversity: Two women Independent Directors ensuring gender diversity at board level
• Independent Leadership: Chairman of the Board is an Independent Director
• Audit Quality: Statutory Auditors made no qualifications, reservations, adverse remarks or disclaimers in their report
• Policy Framework: Comprehensive policies covering various aspects of corporate governance and risk management

Rating Methodology and Scope

The ESG assessment follows a comprehensive methodology evaluating over 650 indicators across environmental, social, and governance parameters. The evaluation considers both disclosure quality and actual performance outcomes, providing a holistic view of the bank's sustainability practices.

Regulatory Compliance and Transparency

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlighting the bank's commitment to transparency in ESG reporting. The information is being hosted on the bank's website www.yes.bank.in in compliance with regulatory requirements.

Industry Context and Significance

The ESG rating of 80.5 places YES Bank in the 'A' grade category (80-90 range), indicating strong ESG performance with low risk profile. This rating reflects the bank's comprehensive approach to sustainability and responsible banking practices, which are increasingly important for stakeholders including investors, regulators, and customers.

The independent nature of the assessment adds credibility to the rating, as it was conducted without any commercial engagement between the bank and the rating provider, ensuring objectivity in the evaluation process.

YES Bank has completed the allotment of 33,500 equity shares under its employee stock option schemes, marking another step in its ongoing employee compensation programs. The allotment was approved by the bank's Nomination & Remuneration Committee on February 19, 2026.

Share Allotment Details

The bank allotted 33,500 equity shares with a face value of Rs. 2 each pursuant to the exercise of stock options under two key schemes - the YBL PESOP 2020 Plan under YBL ESOS 2020 Scheme and the YBL RSU Plan 2024. Through this exercise, YES Bank realized Rs. 1,30,900 from the stock option transactions.

Impact on Share Capital

The allotment has resulted in an increase in the bank's paid-up share capital structure. The capital base has expanded from the previous level to accommodate the newly issued shares under the employee stock option programs.

Regulatory Compliance

The bank has fulfilled its disclosure obligations under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The relevant information regarding this allotment has been made available on both BSE Limited and National Stock Exchange of India Limited platforms, with weblinks hosted on the bank's official website at www.yes.bank.in .

The communication was signed by Sanjay Abhyankar, Company Secretary of YES Bank, confirming the completion of all procedural requirements for the share allotment under the employee stock option schemes.