The Board of Directors of Fedbank Financial Services Limited in their meeting held on September 24, 2024 has considered, approved and took note of the following matters: Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that based on the recommendation of the Nomination and Remuneration Committee, the members of the Board have approved the appointment of Mrs. Sonal Dave as an Additional Director (in the Capacity of Independent Director) of the Company for a term of 5 years with effect from September 24, 2024 till September 23, 2029 (both days inclusive) subject to the approval of the members of the Company. The Board of Directors of the Company have taken note of the completion of the term of Mr. K. Balakrishnan (DIN: 00034031) as Chairman of the Board on September 24, 2024. The Board of Directors of the Company have taken note of the completion of the term of 5 years of Mr. K. Balakrishnan (DIN: 00034031) as an Independent Director of the Company on September 27, 2024.