Interim report
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if ase aforra de (N Union Bank NextGen Banking App wee eRe ay So A Government of india Undertaking Ss Past Ref.:fa.A.FE. 1SD/232/2026-27 Seti Date : October 19, 2026 areas ferraes BSE Ltd. Agata Eeih Veeder ait SfBar feaes dreas fareeat Sex BSE Listing Centre National Stock Exchange of India Ltd. TeTCH NEAPS feHT HIS Scrip Code - 532 477 FST HIS Scrip Symbol-UNIONBANK-EQ Taerarrer Security - UBI-AT/BB Agiaat Madam / Felea Sir, Subject: Unaudited Reviewed Financial Results (Standalone and Consolidated) of the Bank for the Quarter / Half Year ended on September 30, 2026. Ref.: Our letter dated ISD/226/2026-27 dated October 13, 2026. Pursuant to the Regulation 30 read with sub para 4(h) of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) as amended and SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 updated 30.1.2026 we submit herewith the following: Regulations 32,33 and Regulation 52 of the Listing Regulations: 1. Unaudited Reviewed (Standalone and Consolidated) Financial Results of the Bank for the Half Year ended on September 30, 2026, together with line items as specified under Regulation 52(4) of the Listing Regulations, which have been approved by the Board of Directors at its meeting held on October 19, 2026. 2. Statement of Assets and Liabilities for the Half Year ended on September 30, 2026. 3. Statement of Cash Flows for the Half Year ended on September 30, 2026. 4. The Limited Review Report as submitted by the Statutory Central Auditors on the Financial Results (Standalone & Consolidated) of the Bank for the quarter / half year ended on September 30, 2026. 5. NIL Statement of Deviation/variation in utilization of proceeds of issue of Equity shares and Basel Ill Compliant Non-Convertible Debt Bonds for the quarter / half year ended on September 30, 2026. Regulation 54 of the Listing Regulations: NIL Security Cover certificate as on September 30, 2026, for Non-Convertible Debt Securities, as submitted by the Statutory Central Auditors in the format as specified by SEBI vide its Circular No. SEBI/HO/MIRSD/MIRSD_CRADT/CIR/P/2022/67 dated May 19, 2022. apa de site gfe, Pras dard wr, afar ae ue, 239, faera yas ari, “Ae ogc, ¥fag- 400021. Union Bank of India, Investor Services Division, Union Bank Bhavan, 239, Vidhan Bhavan Marg, Nariman Point, Mumbai - 400021. @: + 91 22 2289 6636, D2investorservices@unionbankofindia.bank.in , website: www.unionbankofindia.bank.in
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: of India \ NextGen Banking App are ease aT SUAS A Government of india Undertaking The Financial Results will also be made available on the Bank’s website under the following link -https://www.unionbankofindia.co.in/en/common/financial-results The Board meeting started at 10.00 a.m. and concluded at 11.55 a.m. Thanking you. sTa€RT Yours faithfully, (Ashish Mishra) Company Secretary Encl: As above. Cc: 1. IDBI Trusteeship Services Ltd., Mumbai. 2. Catalyst Trusteeship Limited, Mumbai UPIar ae sites SfSan, Frage tard mum, afer aa ug, 239, faurt aq anf, ag ule, Hag- 400021.Union Bank of India, Investor Services Division, Union Bank Bhavan,239, Vidhan Bhavan Marg, Nariman Point, Mumbai - 400021.@: + 91 22 2289 6636, ><investorservices@unionbankofindia.bank.in » website: www.unionbankofindia.bank.in
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Union ase ge (G) Union =NextGen Banking App na 239, Union Bank Bhavan, Vidhan Bhavan a Mare, Nariman Point, Mumbai-400021 Standalone Unaudited Financial Results for the Quarter and Half year ended 30" September, 2026 (2 In Lakh)| Standalone Particutans Quarter Ended Half Year Ended Year Ended 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 (Unaudited) | (Unaudited) | (Unaudited) (Unaudited) | (Unaudited) (Audited)1 Interest Earned (a) + (b) + (c) + (d) 28,15,827 27,20,319 26,19,056 55,36,146 53,10,981 1,05,99,223(a) _|Interest/Discount on Advances/Bills 21,97,890 21,02,476 19,62,504 43,00,366 39,72,126 79,90,743(b) _ |Income on Investments 5,57,864 5,60,214 5,41,748 11,18,078 11,23,958 22,30,948© Interest on Balances with Reserve Bank of India and 27,868 25,832 1,06,784 53,700 1,98,277 313,234other Inter Bank Funds (d) |Others 32,205 31,797 8,020 64,002 16,620 64,2982 |Other Income 4,65,102 4,60,301 4,99,582 9,25,403 9,48,160 19,43,479 A. {TOTAL INCOME (142) 32,80,929 31,80,620 31,18,638 64,61,549 62,59,141 1,25,42,702 3 {Interest Expended 17,57,558 17,16,596 17,37,819 34,74,154 35,18,489 69,33,340 4 |Operating Expenses (a) + (b) 7,12,611 6,63,766 6,99,424 13,76,377 13,68,391 27,47,412 (a) [Employees Cost 3,94,474 3,81,534 3,90,865 7,76,008 7,85,455 15,29,042 (b)_|Other operating expenses 3,18,137 2,82,232 3,08,559 6,00, 369 5,82,936 12,18,370B. |TOTAL EXPENDITURE (3+4) 24,70,169 23,80,362 24,37,243 48,50,531 48,86,880 96,80,752 (Excluding Provisions and Contingencies) C. |OPERATING PROFIT (A-B) 8,10,760 8,00,258 6,81,395 16,11,018 13,72,261 28,61,950(Profit before Provisions and Contingencies) D. [Provisions and Contingencies (Other than Tax) 70,075 97,942 1,39,673 1,68,017 3,06,124 4,43,845 Of which provisions for Non-Performing Assets 59,600 1,01,955 52,600 1,61,555 1,67,894 2,33,725E. |Exceptional Items F, |Profit/(Loss) eae Acsivities pafore Tax 7,40,685| —7,02,316| —5,41,722| 14,43,001| —10,66,137| 24,18, 105 G. |Tax Expenses 1,86,965 1,69,086 1,16,814 3,56,051 2,29,676 5,48,391H., |Net Profit/(Loss) from Ordinary activities after tax (F-G) 5,53,720 5,33,230 4,24,908 10,86,950 8,36,461 18,69,714|. |Extraordinary items (net of tax expense) - - 5 = -J. |Net Profit/(Loss) for the period (H-I) 5,53,720 5,33,230 4,24,908 10,86,950 8,36,461 18,69,714Paid-up Equity Share Capital 5 (F.V. of each share Rs. 10) 7,63,361 7,63,361 7,63,361 7,63,361 7,63,361 7,63,361 6 Reserves excluding Revaluation Reserves ; 1,13,95,970(As per Balance Sheet of previous Accounting Year) 7 {Analytical Ratios (i)__|Percentage of Shares held by Government of India 74.76%; 74.76% 74.76%: 74.76% 74.76%: 74.76%)(ii) _|Capital Adequacy Ratio (Basel III) 17.94% 18.46% 17.07%: 17.94% 17.07%) 18.10% (a) CET 1 Ratio 16.05% 16.38%: 14.37% 16.05% 14.37% 15.69%(b) Additional Tier 1 Ratio 0.78% 0.94% 1.21% 0.78% 1.21% 0.94%(iii) _|Basic and Diluted Earning Per Share (a) Before Extraordinary Items (2) *7.25 *6.99 *5.57 "14.24 "10.96 24.49(b) After Extraordinary Items (2) *7.25 6.99 “5.57 “14.24 *10.96 24.49(iv) |NPA Ratios (a) Amount of Gross Non-Performing Assets 27,91,621 29,09,272 32,08,513 27,91,621 32,08,513 30,40,077(b) Amount of Net Non-Performing Assets 4,76,849 5,01,698 5,20,942 4,76,849 5,20,942 5,06,728 (c) % of Gross NPAs 2.42% 2.65% 3.29% 2.42% 3.29% 2.82%, (d) %of Net NPAs 0.42%, 0.47% 0.55% 0.42%, 0.55% 0.48% (v)_|Return on Assets (Annualised) (Average)( %) 1.38%) 1.36% 1.16%, 1.37% 1.13%, 1.25% i) Outstanding Redeemable Preference Shares (Quantity and Value) (vii) |Capital Redemption Reserve - - (viii) [Debenture Redemption Reserve - : : be :(ix) |Net Worth 1,28,71,215 1,23,77,618 1,12,74,115 1,28,71,215 1,12,74,115 1,17,87,107 (x) {Securities Premium 25,51,318 25,51,318 25,51,318 25,51,318 25,51,318 25,51,318(xi) |Paid Up Debt Capital/ Outstanding Debt 12.87% 19.42% 24.26%. 12.87%: 24.26% 19.35% (xii) |Debt-Equity Ratio (Total Borrowings/ Net Worth) 0.79 0.59 0.61 0.79 0.61 0.65 (xitiy [Piiabicae erg aang 6.33% 4.70% 4.65% 6.33% 4.65% 4,925) (xiv) pasta Feat tocome! 24.1% 25.16% 21.85% 24.93% 21.92% 22.82%) ) healer Tan Se} 16.88% 16.76% 13.62% 16.82% 13.36% 14.91% *Not Annualised S Shp pra ot
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: S25 afar Fe (G) union sank NextGen Banking Ane 239, Union Bank Bhavan, Vidhan Bhavan Marg, Nariman Point, Mumbai-400021 Consolidated Unaudited Financial Results for the Quarter/Half year Ended 30% September, 2026 (2 In Lakh) Consolidated Quarter Ended Half year Ended Year Ended 30.09.2026 30.06.2026 30.09.2025 | 30.09.2026 | 30.09.2025 31.03.2026 (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Audited) Particulars 1 |Interest Earned [(a) + (b) + (c) + (d)] 28,37,773 27,42,710 26,20,514 55,80,483 53,30,376 1,06,79,889 (a) |Interest/Discount on Advances/Bills 22,01,994 21,06,959 19,67,740 43,08,953 39,82,127 80,09,845 (b) [Income on Investments 5,73,805 5,76,526 5,36,396 11,50,331 11,30,867 22,87,272 Interest on Balances with Reserve Bank of(©): inci ana other inter Bank Funds 29,314 27,089 1,07,718 56,403 1,99,705 3,16,240 (d) [Others 32,660 32,136 8,660 64,796 17,677 66,532 2 |Other Income 5,09,356 5,23,314 5,55,030 10,32,670 10,41,930 21,60,062 A. |TOTAL INCOME (1+2) 33,47,129 32,66,024 31,75,544 | 66,13,153 63,72,306 | 1,28,39,951 3 _|Interest Expended 17,61,241 17,20,568 17,24,722 34,81,809 35,10,199 69,47,733 4 |Operating Expenses (a) +(b) 7,70,792 7,41,431 7,66,343 15,12,223 14,84,032 30,20,573 (a) |Employees Cost 4,06,352 3,92,515 4,00,250 7,98, 867 8,03,441 15,68,731 (b) |Other operating expenses 3,64,440 3,48,916 3,66,093 7,13,356 6,80,591 14,51,842 B. | TOTAL EXPENDITURE (3+4) 25,32,033 24,61,999 24,91,065 49,94,032 49,94,231 99,68,306 (Excluding Provisions and Contingencies) C. |OPERATING PROFIT (A-B) 8,15,096 8,04,025 6,84,479 16,19,121 13,78,075 28,71,645 (Profit before Provisions & Contingencies) D. Provisions and Contingencies (Other than Tax) 70,219 97,339 1,39,228 1,67,558 3,05,955 4,43,195 Of which provisions for Non-Performing Assets 59,648 1,01,943 51,884 1,61,591 1,67,399 2,32,738 —. (Exceptional items - : : : F. io from Oridnary Activities before Tax 7,44,877 7,06, 686 5,45,251| 14,51,563| 10,72,120| —24,28,450 G. |Tax Expenses 1,87,837 1,69,869 1,17,124 3,57,706 2,30,335 5,50, 388 H. baa py a from Ondinary activities, after, 5,57,040 5,36,817| 4,28,127| 10,93,857| 8,41,785| —_18,78,062 |. |Extraordinary items (net of tax expense) - : : : : J._|Less: Minority Interest : - - - E P K. |Add: Share of Profit in Associate 21,060 27,335 14,468 48,395 43,605 64,958 L. [Net Profit/(Loss) for the period (H-I-J+K) 5,78,100) ——_5,64,152 4,42,595 | 11,42,252 8,85,390 19,43,020 5) [are te Ean ere. ari 7,63,361 7,63,361 7,63,361 | —7,63,361 7,63,361 7,63,361(F.V. of each share Rs. 10) Reserves excluding Revaluation Reserves 6 |(As per Balance Sheet of Previous Accounting Year) 1,18,83,199 7 |Analytical Ratios «iy [Percentage of Shares held Py Government of 74.16% 74.76% 74.16% 74.76% 74.16% 74.10% (ii)__|Capital Adequacy Ratio (Basel II!) 18.61% 19.15% 17.70% 18.61% 17.70%. 18.78%) (a) CET 1 Ratio 16.72% 17.08% 15.01%, 16.72% 15.01% 16.39% (b) Additional Tier 1 Ratio 0.77% 0.93% 1.21% 0.77% 1.21% 0.93% (iii) [Basic and Diluted Earning Per Share| _ — a ee ___|(@) Before Extraordinary Items (3) __* 737 *7.39 *5.80| * 14,96 “11.60 25.45 (b) After Extraordinary Items (2) "7.50 * 7.39 * 5.80 * 14.96 * 11.60 25.45 (iv) _|Debenture Redemption Reserve 314 314 314 314 314 314 (v) [Net Worth 1,34, 10,553 1,28,92,858 | _1,17,04,478 | 1,34,10,553 | 1,17,04,478 | __1,22,41,065 (vi) [Securities Premium 25,59,480 25,59,480 25,72,827 | 25,59,480 25,72,827 25,59,480 .. |Debt-Equity Ratio(Vit) | Total Borrowings/ Net Worth) 0.76 0.57 0.59 0.76 0.59 0.64 Total Debts to Total Assetsiii 2 A : i 4(Viti) | Borrowings/ Total Assets) 6.27% 4.69% 4.64% 6.27%, 4.64% 90% + ‘Operating Margin 2 () | (Operating Profit/ Total Income) 24.35% 24.62% 21.55% 24.48% 21.63% 22.36% Net Profit Margin©) | Net Profit after Tax/ Total Income) 17.27% 17.27% 13.94% 17.27% 13.89% 15.13% *Not Annualised \ FRN 0005808/S20
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239, Union Bank Bhavan, Vidhan Bhavan Marg, Nariman Point, Mumbai-400021 = STANDALONE SEGMENT REPORT FOR THE QUARTER & HALF YEAR ENDED 30th SEPTEMBER, 2026 (® in lakh) QUARTER ENDED HALF YEAR ENDED YEAR ENDED Particulars 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) (a) |Segment Revenue 1 |Treasury Operations 6,88,653 6,81,638 7,62,974 13,70,291 15,86,761 30,10,749 2 |Retail Banking Operations 12,53,278 12,32,636 11,42,288 24,85,914 23,21,525 47,57,399 (a) Digital Banking Operations 29,077 26,733 24,893 55,810 48,441 98,242 (b) Non Digital Banking Operations 12,24,201 12,05,903 11,17,395 24,30,104 22,73,084 46,59,157 3 |Corporate /Wholesale Banking Operations 12,45,129 11,59,970 11,18,951 24,05,099 22,22,383 44,37,858 4 |Other Banking Operations 41,582 53,168 41,198 94,750 73,882 1,74,507 5 |Unallocated 52,287 53,208 53,227 1,05,495 54,590 1,62,189 Total Segment Revenue 32,80,929 31,80,620 31,18,638 64,61,549 62,59,141 1,25,42,702 Less: Inter-segment Revenue : : : - - - Income from operations 32,80,929 31,80,620 31,18,638 64,61,549 62,59,141 1,25,42,702 (b)|Segment Results 1 |Treasury Operations 1,29,955 1,09,825 1,63,350 2,39,780 3,09,832 5,68,263 2 |Retail Banking Operations 2,51,473 3,03,848 1,61,027 5,55,321 4,06,248 9,25,122 (a) Digital Banking Operations 17,481 18,281 17,976 35,762 35,546 67,548 (b) Non Digital Banking Operations 2,33,992 2,85,567 1,43,051 5,19,559 3,70,702 8,57,574 3 |Corporate /Wholesale Banking Operations 2,84,934 2,06,373 1,43,729 4,91,307 2,58,476 6,73,498 4 |Other Banking Operations 22,037 29,062 20,389 51,099 36,991 89,033 5 |Unallocated 52,286 53,208 53,227 1,05,494 54,590 1,62,189 Total Profit/(Loss) Before Tax 7,40,685 7,02,316 5,41,722 14,43,001 10,66,137 24,18,105 (c) |Provision for Tax 1,86,965 1,69,086 1,16,814 3,56,051 2,29,676 5,48,391 (d)|Net Profit/(Loss) after Tax 5,53,720 5,33,230 4,24,908 10,86,950 8,36,461 18,69,714 (e)|Segment Assets 1 |Treasury Operations 4,25,48,915 4,24,34,936 4,74,93,032 4,25,48,915 4,74,93,032 4,64,48,677 2 |Retail Banking Operations 5,07,44,151 5,08,68,162 4,58,20,444 5,07,44,151 4,58,20,444 5,07,43,094 (a) Digital Banking Operations 6,84,947 5,82,195 3,76,725 6,84,947 3,76,725 5,18,780 (b) Non Digital Banking Operations 5,00,59,204 5,02,85,967, 4,54,43,719 5,00,59,204 4,54,43,719 5,02,24,314 3 |Corporate /Wholesale Banking Operations 6,47,83,425 5,86,23,068 5,10,94,596 6,47,83,425 5,10,94,596 5,68,60,622 4 |Other Banking Operations = * : < . < 5 |Unallocated 25,65,860 24,27,843 29,76,422 25,65,860 29,76,422 28,83,070 Total 16,06,42,351 15,43,54,009 14,73,84,494 16,06,42,351 14,73,84,494 | 15,69,35,463 (f) [Segment Liabilities 1 |Treasury Operations 3,88,76,457 3,87,41,482 4,35,87,529 3,88,76,457 4,35,87,529 4,26,43,203 2 |Retail Banking Operations 4,63,64,349 4,64,40,698 4,20,52,483 4,63,64,349 4,20,52,483 4,65,85,784 (a) Digital Banking Operations 6,25,828 5,31,522 3,45,746 6,25,828 3,45,746 4,76,277 (b) Non Digital Banking Operations 4,57,38,521 4,59,09,176 4,17,06,737 4,57,38,521 4,17,06,737 4,61,09,507 3 |Corporate /Wholesale Banking Operations 5,91,91,874 5,35,20,631 4,68,92,925 5,91,91,874 4,68,92,925 5,22,02,111 4 |Other Banking Operations : - : 2 : : 5 |Unallocated 23,44,397 22,16,528 27,31,661 23,44,397 27,31,661 26,46,865 Total 14,67,77,077 | _14,09,19,339 13,52,64,598 14,67,77,077 | 13,52,64,598 | 14,40,77,963 (g) |Capital Employed 1 |Treasury Operations 36,72,458 36,93,453 39,05,503 36,72,458 39,05,503 38,05,474 2 |Retail Banking Operations 43,79,802 44,27,465 37,67,961 43,79,802 37,67,961 41,57,310 (a) Digital Banking Operations 59,119 50,673 30,979 59,119 30,979 42,503 (b) Non Digital Banking Operations 43,20,683 43,76,792 37,36,982 43,20,683 37,36,982 41,14,807 3 |Corporate /Wholesale Banking Operations 55,91,551 51,02,437 42,01,671 55,91,551 42,01,671 46,58,510 4 |Other Banking Operations : : : : * z 5 |Unallocated 2,21,463 2,11,315 2,44,761 2,21,463 2,44,761 2,36,206 Total 1,38,65,274 1,34,34,670 1,21,19,896 1,38,65,274 1,21,19,896 1,28,57,500 1 The Bank operates in four segments viz., Treasury, Retail, Corporate / Wholesale and Other Banking Operations. These segments have been identified in line with AS-17 on segment reporting issued by the Institute of Chartered Accountants of India (ICAI) after considering the nature and risk profile of the products and services, the target customer profiles, the organizational structure and the internal reporting system of the bank. The bank has disclosed the business segment as primary segment. The revenue and other parameters of foreign branches for the period are within the threshold limits stipulated as per AS-17 and hence the bank has only one reportable segment. 2. The Bank has disclosed ‘Digital Banking’ as a sub-segment of the Retail Banking segment as required by RBI guidelines. 3 Segment wise income and expenditure which are not directly allocable have been allocated to the reportable segments based on assumptions as considered appropriate by the management. 4 Segment Liabilities and Segment Capital are distributed in the ratio of their respective Segment Assets. 5 Figure of previous year/period have been regrouped/reclassified wherever necessary.
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Union orca Ae @ Union Bank tte, Crean ream 239, Union Bank Bhavan, Vidhan Bhavan Marg, Nariman Point, Mumbai-400021 CONSOLIDATED SEGMENT REPORT FOR THE QUARTER & HALF YEAR ENDED 30th SEPTEMBER, 2026 (% in lakh) QUARTER ENDED HALF YEAR ENDED YEAR ENDED Particulars 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) (a)|Segment Revenue 1 | Treasury Operations 6,88,653 6,81,638 7,62,974 13,70,291 15,86,761 30,10,749 2 |Retail Banking Operations 12,53,278 12,32,636 11,42,288 24,85,914 23,21,525 47,57,399 (a) Digital Banking Operations 29,077 26,733 24,893 55,810 48,441 98,242 (b) Non Digital Banking Operations 12,24,201 12,05,903 11,17,395 24,30,104 22,73,084 46,59,157 3 |Corporate /Wholesale Banking Operations 12,45,129 11,59,970 11,18,951 24,05,099 22,22,383 44,37,858 4 |Other Banking Operations 41,582 53,168 41,198 94,750 73,882 1,74,507 5 |Unallocated 1,18,487 1,38,612 1,10,133 2,57,099 1,67,755 4,59,438 Total Segment Revenue 33,47,129 32,66,024 31,75,544 66,13,153 63,72,306 1,28,39,951 Less Inter-segment Revenue : - : : : Income from operations 33,47,129 32,66,024 31,75,544 66,13,153 63,72,306 1,28,39,951 (b)| Segment Results 1 |Treasury Operations 1,29,955 1,09,825 1,63,350 2,39,780 3,09,832 5,68,263 2 |Retail Banking Operations 2,51,473 3,03,848 1,61,027 5,55,321 4,06,248 9,25,122 (a) Digital Banking Operations 17,481 18,281 17,976 35,762 35,546 67,548 (b) Non Digital Banking Operations 2,33,992 2,85,567 1,43,051 5,19,559 3,70,702 8,57,574 3 |Corporate /Wholesale Banking Operations 2,84,934 2,06,373 1,43,729 4,91,307 2,58,476 6,73,498 4 |Other Banking Operations 22,037 29,062 20,389 51,099 36,991 89,033 5 |Unallocated 56,478 57,578 56,756 1,14,056 60,573 1,72,534 Total Profit/(Loss) Before Tax 7,44,877 7,06,686 5,45,251 14,51,563 10,72,120 24,28,450 (c)}| Provision for Tax 1,87,837 1,69,869 1,17,124 3,57,706 2,30,335 5,50,388 (d)| Net Profit/(Loss) after Tax 5,57,040 5,36,817 4,28,127 10,93,857 8,41,785 18,78,062 Add: Share of Profit in Associate 21,060 27,335 14,468 48,395, 43,605 64,958 (e)|Consolidated Net Profit/(Loss) 5,78,100 5,64,152 4,42,595 11,42,252 8,85,390 19,43,020 (f)|Segment Assets 1 [Treasury Operations 4,25,48,915 4,24,34,936 4,74,93,032 4,25,48,915 4,74,93,032 4,64,48,677 2 |Retail Banking Operations 5,07,44,151 5,08,68,162 4,58,20,444 5,07,44,151 4,58,20,444 5,07,43,094 (a) Digital Banking Operations 6,84,947 5,82,195 3,76,725 6,84,947 3,76,725 5,18,780 (b) Non Digital Banking Operations 5,00,59,204 5,02,85,967 4,54,43,719 5,00,59,204 4,54,43,719 5,02,24,314 3 |Corporate /Wholesale Banking Operations 6,47,83,425 5,86,23,068 5,10,94,596 6,47,83,425 5,10,94,596 5,68,60,622 4 |Other Banking Operations 2 E : : * : 5 |Unallocated 44,10,073 43,20,110 46,24,275 44,10,073 46,24,275 46,97 ,876 Total 16,24,86,564 15,62,46,276 14,90,32,347 16,24,86,564 14,90,32,347 | 15,87,50,269 (g)|Segment Liabilities 1 | Treasury Operations 3,88,76,457 3,87,41,482 4,35,87,529 3,88,76,457 4,35,87,529 4,26,43,203 2 |Retail Banking Operations 4,63,64,349 4,64,40,698 4,20,52,483 4,63,64,349 4,20,52,483 4,65,85,784 (a) Digital Banking Operations 6,25,828 5,31,522 3,45,746 6,25,828 3,45,746 4,76,277 (b) Non Digital Banking Operations 4,57,38,521 4,59,09,176 4,17,06,737 4,57,38,521 4,17,06,737 4,61,09,507 3 |Corporate /Wholesale Banking Operations 5,91,91,874 5,35,20,631 4,68,92,925 5,91,91,874 4,68,92,925 5,22,02,111 4 |Other Banking Operations 2 - 2 . : s 5 [Unallocated 36,35,854 35,80,418 39,09,914 36,35,854 39,09,914 39,64,042 Total 14,80,68,534 14,22,83,229 13,64,42,851 14,80,68,534 13,64,42,851 | 14,53,95,140 (h)|Capital Employed 1 | Treasury Operations 36,72,458 36,93,453 39,05,503 36,72,458 39,05,503 38,05,474 2 |Retail Banking Operations 43,79,802 44,27,465 37,67,961 43,79,802 37,67,961 41,57,310 (a) Digital Banking Operations 59,119 50,673 30,979 59,119 30,979 42,503 (b) Non Digital Banking Operations 43,20,683 43,76,792 37,36,982 43,20,683 37,36,982 41,14,807 3 |Corporate /Wholesate Banking Operations 55,91,551 51,02,437 42,01,671 55,91,551 42,01,671 46,58,510 4 |Other Banking Operations - = : * bd . 5 |Unallocated 7,74,219 7,39,692 7,14,361 7,74,219 7,14,361 7,33,835 Total 1,44,18,030 1,39,63,047 1,25,89,496 1,44,18,030 1,25,89,496 | 1,33,55,129 1 The Bank operates in four segments viz., Treasury, Retail, Corporate / Wholesale and Other Banking Operations. These segments have been identified in line with AS-17 on segment reporting issued by the Institute of Chartered Accountants of India (ICAI) after considering the nature and risk profile of the products and services, the target customer profiles, the organizational structure and the internal reporting system of the bank. The bank has disclosed the business segment as primary segment. The revenue and other parameters of foreign branches for the period are within the threshold limits stipulated as per AS-17 and hence the bank has only one reportable segment. 2. The Bank has disclosed ‘Digital Banking’ as a sub-segment of the Retail Banking segment as required by RBI guidelines. 3 Segment wise income and expenditure which are not directly allocable have been allocated to the reportable segments based on assumptions as considered appropriate by the management. 4 Segment Liabilities and Segment Capital are distributed in the ratio of their respective Segment Assets.
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Union ase EUrea See —— NextGen Banking App ail Bank of India ment of India Undertaking 239, Union Bank Bhavan, Vidhan Bhavan Marg, Nariman Point, Mumbai-400021 STANDALONE CASH FLOW STATEMENT FOR THE PERIOD ENDED 30% SEP, 2026 (® in Lakhs) ‘ Half year Ended Half year Ended nen parceules 30.09.2026 30.09.2025 A CASH FLOW FROM OPERATING ACTIVITIES: Net Profit Before Tax 14,43,002 10,66, 138 Adjustments for: Depreciation on Fixed Assets 65,528 59,641 Provision for Investments (5,004) (1,06,315) Provision for Non Performing Assets (Net) 1,61,555 1,67,894 Provision for Standard Asset 7,436 1,33;233 Provision for Staff Related Expenditures - - Provision for other items (Net) 4,046 11,913 (Profit)/Loss on Sale or Disposal of Fixed Assets 63 5,233 Interest on Borrowings : Capital Instruments 35,420 42,840 Dividend received from Investments (1,501) (857) Transfer to/from reserves (79,177) (14,087) Sub Total 16,31,368 13,65,633 Adjustments for: Increase / (Decrease) in Deposits 12,56,311 (37,62,596) Increase / (Decrease) in Other Liabilities and Provisions (6,36,297) 1,81,471 (Increase) / Decrease in Investments (4,54,125) 9,74,884 (Increase) / Decrease in Advances (81,06,603) 3,50,329 (Increase) / Decrease in Other Assets 2,66,404 (6,23,983) Direct taxes paid (Net of Refund) (1,05,869) (1,54, 133) NET CASH FLOW FROM OPERATING ACTIVITIES (A) (61,48,811) (16,68,395) B CASH FLOW FROM INVESTING ACTIVITIES : Purchase of Fixed Assets (64,707) (77,180) Proceeds from Sale/Adjustment of Fixed asset 127 (4,439) (Increase) /Decrease in Investment in Subsidiary (2,273) . Dividend received from Investment 1,501 857 NET CASH FLOW FROM INVESTING ACTIVITIES (B) (65,352) (80,762) € CASH FLOW FROM FINANCING ACTIVITIES : Proceeds from issue of Equity Share Capital Including Share Premium (Net) = - Proceeds from issue of Capital Instruments % - Repayments of Capital Instruments (1,85,000) (1,00,000) (Decrease) /Increase Borrowings other than Capital Instruments 26,34,298 4,75,123 Interest Paid on Borrowings : Capital Instruments (35,420) (42,840) Dividend paid during the year (3,81 ,680) (3,62,596) NET CASH FLOW FROM FINANCING ACTIVITIES (C) 20,32,198 (30,313) Net Increase (Decrease) in Cash & Cash Equivalent (A )+(B )+(C ) ZEEAttia 965) = $12.79; 470) wet Cash and Cash Equivalents as at the begffning-of the year an 6 Net cash/and cash eipNen at ee s shee po
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Components of Cash and Cash equivalents D _CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR Cash and Balances with RBI (including FC notes) 66,47,282 89,50,348 Balances with Banks and Money at call and short notice 29,23,187 41,33,478 Net cash and cash equivalents at the beginning of the year 95,70,469 1,30,83,826 E _|CASH AND CASH EQUIVALENTS AT THE END OF THE HALF YEAR Cash and Balance with RBI (including FC notes) | 45,06,132 60,78,089 Balances with Banks and Money at call and short notice 8,82,372 52,26,267 Net cash and cash equivalents at the end of the Half year 53,88,504 1,13,04,356 The above Cash Flow Statement has been prepared under the Indirect method as set out in the Accounting standard -3 on Cash Flow Statement issued by The Institute of Charterted Accountants of India. Previous Year figures have been regrouped/recasted wherever considered necessary to correspond with the Half year ended classification/ presentation. (Munish Kumar Chopra ) (Dhirendra Jain) Dy. General Manager Chief Financial Officer For and on behalf of the Board of Directors (Amresh Prasad) (Ramasubradmanian S) Nitesh Ra Executive Director Executive Director Executive Director (Asheesh Pandey) Managing Director & CEO As per our report of even date For P Chandrasekar LLP For Chhajed & Doshi For G S Mathur & Co For V K Ladha & Associates Chartered Accountants Chartered Accountants Chartered Accountants Chartered Accountants FRN 000580S/S200066 FRN 101794W FRN 008744N FRN aa ‘ wz , CA Rajesh D CA Sankalp Khinvesra CA Raji#Kurmhar Wadhawan — CA Nupur Ladha Partner Partner Partner Partner Membership No. 234709 Membership No. 628732 Membership No. 091007 Membership No. 434797 UDIN:26224709GLVKKOSSO2- UDIN: 2£693 492 FXSGxy2 39UDIN: 2609 LooFquanrpergs UDIN: 26434 449-4 eETIEF2I2
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Union ase dz Ourea went kai NextGen Banking App sia Bank of India nt of India Undertaking 239, Union Bank Bhavan, Vidhan Bhavan Marg, Nariman Point, Mumbai-400021 CONSOLIDATED CASH FLOW STATEMENT FOR THE PERIOD ENDED 30t SEP, 2026 (2 in Lakh) s Half year Ended Half year Ended al Pesticiars 30.09.2026 30.09.2025 A __ |CASH FLOW FROM OPERATING ACTIVITIES: Net Profit Before Tax ] 14,51,562 10,72,119 Adjustments for: Depreciation on Fixed Assets 66,403 60,325 Provision for Investments (5,008) (1,09,970) Provision for Non Performing Assets (Net) 1,61,591 1,67,399 Provision for Standard Asset 7,129 1,33,302 Provision for other items (Net) 3,861 11,800 (Profit)/Loss on Sale or Disposal of Fixed Assets 63 5,233 Interest on Borrowings : Capital Instruments 35,420 42,840 Share of Profit in Associate 48,395 43,605 Transfer to/from reserve (79,350) 3,20,700 Sub Total 16,90,066 17,47,353 Adjustments for: Increase / (Decrease) in Deposits 12,55,099 (37,73,904) Increase / (Decrease) in Other Liabilities and Provisions (6,26,912) 2,64,294 (Increase) / Decrease in Investments (4,61,690) 9,03,634 (Increase) / Decrease in Advances (80,70,883) 3,25,893 (Increase) / Decrease in Other Assets 2,67,235 (6,30,821) Direct taxes paid (Net of Refund) (1,05,869) (1,54,133) NET CASH FLOW FROM OPERATING ACTIVITIES (A) (60,52,954) (13,17,684) B__|CASH FLOW FROM INVESTING ACTIVITIES : Purchase of Fixed Assets (66,034) (84,247) Proceeds from Sale/Adjustment of Fixed asset 486 1,149 (Increase)/ Decrease in Investment in Subsidiary/Associates (48,409) (3,78,031) NET CASH FLOW FROM INVESTING ACTIVITIES (B) (1,13,957) (4,61,129) C _|CASH FLOW FROM FINANCING ACTIVITIES : Proceeds from Issue of Preference Share Capital Issued by . . Subsidiary Company Including Share Premium (Net) Proceeds from issue of Equity Share Capital Including Share . . Premium (Net) Proceeds from issue of Capital Instruments - - Repayments of Capital Instruments (1,85,000) (1,00,000) (Decrease) /Increase Borrowings other than Capital Instruments 26,00,897 5,20,420 Interest Paid on Borrowings : Capital Instruments (35,420) (42,840) Dividend paid during the year (3,81,680) (3,62,596) NET CASH FLOW FROM FINANCING ACTIVITIES (C) 19,98,797 14,984 Net Increase (Decrease) in Cash & Cash Equivalent 68,114) (17,63,829) (A)+(B)+(C) SED & Sully = Cash and Cash Equivatents as at the toning ar loys 0% 335 Net cash fee cash sh eauralen at the Hehe rate * (FRN ‘hoa7 5436 21
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Components of Cash and Cash equivalents D__|CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR Cash and Balances with RBI (including FC notes) 66,47,663 89,50,850 Balances with Banks and Money at call and short notice 29,56,672 | 41,67,953 Net cash and cash equivalents at the beginning of the year 96,04,335 1,31,18,803 E CASH AND CASH EQUIVALENTS AT THE END OF THE HALF YEAR Cash and Balance with RBI (including FC notes) 45,06,202 60,78,187 Balances with Banks and Money at call and short notice | 9,30,019 52,76,787 Net cash and cash equivalents at the end of the Half year 54,36,221 1,13,54,974 The above Cash Flow Statement has been prepared under the Indirect method as set out in the Accounting standard -3 on Cash Flow Statement issued by The Institute of Charterted Accountants of India. Previous Year figures have been regrouped/recasted wherever considered necessary to correspond with the Half year ended classification/ presentation. ye"Coase (Munish Kumar Chopra ) (Dhirendra Jain) Dy. General Manager Chief Financial Officer For and on behalf of the Board of Directors G~ \S a Cline (Amresh Prasad) (Ramasubri nian S) (Nitesh Ran’ Executive Director Executive Director Executive Director ———Asheesh Pandey) Managing Director & CEO As per our report of even date For P Chandrasekar LLP For Chhajed & Doshi For G S Mathur & Co For V K Ladha & Associates Chartered Accountants Chartered Accountants Chartered Accountants Chartered Accountants FRN 000580S/S200066 FRN 101794W FRN 008744N FRN 002301C . ' , CW. Lj Bincanera awe CA Rajesh D CA Sankalp Khinvesra CA Nupur Ladha Partner Partner Partner Membership No. 234709 Membership No. 628732 Membership No. 091007 Membership No. 434797 UDIN:2623492FRUZOLLYS9Y UDIN:26623722 PEGG SR2664 UDIN: 2609 foo2UKN BKM 2530 UDIN: 26424 9 FLDYKOT 3025" Place : Mumbai Dated: 19" October 2026
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Notes forming part of Standalone and Consolidated (Unaudited) Financial Results for the Quarter and Half year ended September 30, 2026 1. The financial statements of the Bank for the quarter and half year ended September 30, 2026 have been prepared in accordance with Accounting Standard-25 “Interim Financial Reporting” issued by the Institute of Chartered Accountants of India. The financial results of the Bank for the quarter and half year ended September 30, 2026 have been reviewed and recommended by Audit Committee of the Board and approved by the Board of Directors in their respective meeting held on October 19, 2026. The same has been subjected to limited review by the Statutory Central Auditors of the Bank as per the Securities and Exchange Board of India (SEBI) (Listing Obligations & Disclosure Requirements) Regulation, 2015 as amended. In accordance with provision under SEB] (LODR) Regulations, 2015 (as amended), for the purpose of consolidated financial results of the quarter /half year ended September 30,2026, minimum eighty percent (80%) of each of consolidated revenue, assets and profits have been subjected to review. The financial results for the quarter and half year ended September 30, 2026 have been arrived at after considering extant guidelines of Reserve Bank of India on Prudential Norms of Income Recognition, Asset Classification and provisioning pertaining to advances, Depreciation of fixed assets, Revaluation/Depreciation on investments and all other necessary provisions including Employee Benefits, Unhedged Foreign Currency Exposures, Direct Taxes (including deferred taxes) as prescribed under relevant Accounting Standards and RBI guidelines. Provision for employee benefits and other usual necessary provisions including income tax and Deferred Tax have been made on estimated basis. Expenses are estimated & provided for on a proportionate basis and are subject to adjustments during subsequent quarters. The bank has applied its accounting policies in preparation of these Financial results that are consistent with those followed for preparation of the annual financial statements for the year ended March 31, 2026 except for Investment Fluctuation Reserve. In terms of RBI circular, Banks are required to make Pillar 3 disclosures including Leverage Ratio, Liquidity Coverage Ratio & Net Stable Funding Ratio under Basel Ill capital regulations. These details are made available on Bank’s website with link: https: //www.unionbankofindia.bank.in/en/common/regulatory-disclosures. These disclosures have not been subjected to audit or review by the Statutory Central Auditors. The consolidated financial results have been prepared in accordance with the Accounting Standard - 21 “Consolidated Financial Statements”, Accounting Standard - 23 “Accounting for Investment in Associates in Consolidated Financial Statements” and Accounting Standard - 27 “Financial Reporting of Interest in Joint Venture” issued by the Institute of Chartered Accountants of India and the guidelines issued by the Reserve Bank of India.
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8. The Consolidated Financial Statements (CFS) of group companies comprises the results of 10. 11. 12. 13. 14. 15. Union Bank of India and the entities as detailed hereunder: Type of Association Proportion of pansaiet Exeity Ownership of Bank Union Asset Management Company Pvt. Ltd. Union Trustee Company Pvt. Ltd. Subsidiaries Union Bank of India (UK) Ltd. 100% Andhra Bank Financial Services Ltd. UBI Services Ltd. Jointly Star Union Dai-Ichi Life Insurance Company Ltd. 25.10% Controlled . .Entity ASREC (India) Ltd. 27.30% Associate Andhra Pradesh Grameena Bank 35.00% * During the half year ended September 30, 2026, bank has infused capital of = 22.64 crore in ASREC (India) Ltd. Post allotment of equity shares, the shareholding of the bank has increased to 27.30% from 26.02% in ASREC (India) Ltd. During the half year ended September 30, 2026, the Bank has exercised call option for redemption of Basel Ill compliant bonds of % 1,850.00 crore (Tier-| bonds of %1,000.00 crore and Tier-Il bonds of 850.00 crore). During the Q2 of FY 2026-27, the Bank has issued unsecured Dual Tranche notes due 2029 and 2031 (“Notes”) issued through DIFC Branch (Dubai) of USD 600 Million (USD 300 Million each) aggregate. In terms of Reserve Bank of India circular RBI/2026-27/83 DOR.MRG.REC.No.71/00-00- 001/2026-27 dated May 18, 2026, the Second Amendment Directions, 2026 pertaining to the Classification, Valuation and Operation of Investment Portfolio, the requirement to maintain Investment Fluctuation Reserve (IFR) has been discontinued. Accordingly, the Bank has transferred IFR amounting to 71,701.40 crore to General Reserve(Revenue and other Reserve) during the half year ended September 30, 2026. During the half year ended September 30, 2026, Bank has reported 164 fraud cases, involving amount of = 1,206.21 crore with outstanding balance of = 1,198.67 crore, which is fully provided. Based on the available financial statements and declarations from borrowers, the bank has estimated the liability towards unhedged foreign currency exposure to their constituents in terms of Reserve Bank of India (Commercial Banks - Credit Risk Management) Directions, 2025 dated November 28, 2025, and holds provision of = 70.14 crore as on September 30, 2026. As per RBI circular No. DBR No. BP. 15199/21.04.048/2016-17 and DBR No. BP. 1906/21.04.048/2016-17 dated June 23, 2017 and August 28, 2017 respectively, for the accounts covered under the provisions of the Insolvency and Bankruptcy Code (IBC), the Bank has made a total provision of = 7,016.86 crore covering 100% of the total outstanding as on September 30, 2026. In terms of RBI Circular No. DBR.BP.BC.18/21.04.048/2018-19 dated January 1, 2019, DOR.No. BP.BC.34/21.04.048/2019-20 dated February 11, 2020, DOR.No.BP.BC/4/21.04.048/2020-21 dated August 6, 2020 and DOR.STR.REC.12/21.04.048/2021-22 dated May 5, 2021 on “Restructuring of Advances - Micro, Small & Medium Enterprises (MSME) Sector (One Time Restructuring)”, the Bank has restructured the MSME borrower accounts as under: No of Accounts restructured
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16. Details of resolution plan implemented under Resolution framework for Covid 19 related stress as per RBI circular dated 6th August 2020 and 5th May 2021 as on September 30, 2026 are as below: (% in crore) (A) (E) Exposure to (B) (D) Exposure to accounts of (A) (C) Of (A) accounts classified as aggregate Of (A), ammount classified as Type of standard debt that Amount aid by the standard boomer consequent to | slipped into | written off rower consequent to implementation | NPA during | during the d i th implementation of resolution the half- half year tae 8 _ of resolution plan- position year 30.09.2026 at year: plan- position as at 30.09.2026 me ane as at 31.03.2026 30.09.2026 rersonal 2,804.87 23.96 . 177.36 2,603.55 Corporatepersons* 149.03 - - 12.08 136.95 bala 41.74 : : 6.43 35.31 Others 22.32 0.04 : 1.93 20.35 Total 2,976.22 24.00 : 191.37 2,760.85 * Includes Investment exposure # Includes net change in exposure in the existing accounts, accounts closed and accounts which are out of restructuring during the period. 17. In terms of RBI Circular RBI/DOR/2025-26/165 DOR.STR.REC.84/21.04.048/2025-26 Reserve Bank of India (Commercial Banks - Resolution of Stressed Assets) Directions, 2025 dated 28.11.2025, the bank is holding provision as on September 30, 2026 in 7 accounts as detailed below: (% in crore) Amount of Amount of Amount of loans Provisions required | Provision held loans loans to be as on 30.09.2026 for loans covered on 30.09.2026 impacted by | classified as out of (B) under RBI circular RBI circular NPA classified as NPA out of (A) (A) (B) (C) (D) (E) 7,083.39 3,377.10 3,377.10 2,479.19 2,479.19 18. In terms of RBI circular, RBI/DOR/2025-26/1 67 DOR. ACC. REC. No.86 /21.04.018/ 2025-26 dated November 28, 2025 on Reserve Bank of India (Commercial Banks-Financial Statements: Presentation and Disclosures) Directions, 2025 on Project Finance, the details of resolution plan implemented are as under: Number Total Sl. No Item Description of outstanding accounts | (in = crore) Projects under implementation accounts at the : beginning of the quarter. vAG 28,258.51 Projects under implementation accounts sanctioned 2 during the quarter. 259 1,816.93 3 Projects under implementation accounts wh has been achieved du int the er
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Number Total Sl. No Item Description of outstanding accounts | __(in = crore) Projects under implementation accounts at the end of the quarter. (1+2-3) 925 Bl tG02 Out of ‘4’ - accounts in respect of which resolution 5 process involving extension in original/extended 356 5,564.86 DCCO, as the case may be has been invoked. Out of ‘5’ - accounts in respect of which Resolution 69 plan has been implemented. Out of ‘5’ - accounts in respect of which Resolution 287 plan is under implementation. 5.3 Out of ‘5’ - accounts in respect of which Resolution . . *~ | plan has failed. Out of ‘5’, accounts in respect of which resolution process involving extension in original/extended 2 DCCO, as the case may be has been invoked due to change in scope and size of the project. Out of ‘5’, account in respect of which cost overrun 7 associated with extension in original/extended DCCO, 20 612.70 as the case may be, was funded Out of ‘7’, accounts where SBCF was sanctioned 8 during financial closure and renewed continuously Out of ‘7’, accounts where SBCF was not pre- sanctioned or renewed continuously Out of ‘4’ - accounts in respect of which resolution 8 process not involving extension in original/extended - DCCO, as the case may be has been invoked. 8.1 Out of ‘8’ - accounts in respect of which Resolution . . *~_| plan has been implemented. Out of ‘8’ - accounts in respect of which Resolution plan is under implementation. Out of ‘8’ - accounts in respect of which Resolution plan has failed. 5.1 2,188.30 D2 3,376.56 284.78 7A 571.90 8.2 8.3 19.In terms of RBI Master Directions RBI/DOR/2025-26/159 DOR.STR.REC.No. 78/21.04.048/2025-26 dated November 28, 2025 on Reserve Bank of India (Commercial Banks - Transfer and Distribution of Credit Risk) Directions, 2025, necessary details of Co- Lending Arrangements (CLAs) as on 30.09.2026 on an aggregate basis are as under: in crore Sr. No. Particulars As on 30.09.2026 1 Quantum of CLAs: -__ Gross Outstanding 2,187.16 2 Weighted average rate of interest NA 3 Fees paid during Q2 FY 2026-27 0.84 4 Fees earned during Q2 FY 2026-27 * 5 Broad Sectors under which CLA assets Retail (Home, Education), MSME exist (LAP) 6 Performance of loans under CLA: - Standard loans 2,156.44 Non-Performing loans 30.72 A Details related to default loss guarantee
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20. In accordance with RBI Master Directions RBI/DOR/2025-26/167 DOR.ACC.REC.No.86/21.04.018/2025-26 dated November 28, 2025 on Reserve Bank of India (Commercial Banks- Financial Statements: Presentations and Disclosures) Directions, 2025, the details of loans transferred/acquired as on September 30, 2026, is as under: i. The Bank has not transferred any loans not in default or SMA category. ii. The bank has not acquired any stressed loans. iii. Details of loans acquired through assignment/novation/participation are given below: Particulars 2 in crore Aggregate Amount of Loans acquired 1,381.14 Weighted average residual maturity (in months) 21.05 Weighted average holding period by originator (in months) 6.56 Retention of beneficial economic interest by the originator 10% Tangible Security Coverage 5.88% The loans acquired are not rated as these are to Non-corporate Borrowers. Details of Non-Performing Assets transferred during half year ended September 30, 2026 are given below: (2 in Crore) To permitted To other Particulars biedaianes eanetenber transferees No. of accounts 11 02 Aggregate principal outstanding of loans transferred anni sai Weighted average residual tenor of . the loans transferred (months) - Net book value of loans transferred (at the time of transfer) NIL Aggregate sale consideration 136.04 89.95 w/w Cash component 136.04 89.95 w/w__ SR component ; : Additional consideration realized in respect of accounts transferred in 65.93 - earlier years *Permitted transferees refer to NBFCs. Distribution of the Security Receipts held across the various categories of Recovery Ratings assigned to such Security Receipts (SRs) by the credit rating agencies as on September 30, 2026 are as under: a. Security Receipts guaranteed by Government of India: As per RBI Circular No. RBI/DOR/2025-26/159 DOR.STR.REC.78/21.04.048/2025-26 dated November 28 2025 on Reserve Bank of India (Commercial Banks- Transfer and Distribution of Credit Risk) Directions, 2025 on SRs backed by Government Guarantee shall be valued periodically by reckoning the Net Asset Value (NAV) declared by the ARC based on the recovery ratings received for such instruments as under: (® in crore) Recovery Face Value Book Value Market Value Provision Rating Band RR1+ 14.39 : 15.67 : RR1 770.56 168.92 876.20 - RR2 ~_OZETHORS RR3_ f2AY SXEIEN " 75)
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21. 22. 23. Recovery Face Value Book Value Market Value Provision Rating Band RR4 : : : : RR5 : : : : Unrated 0.10 : : Total 785.05 168.92 891.87 : b. Security Receipts not guaranteed by Government of India: As per RBI Master Directions on classification, valuation and operation of Investment Portfolio of Commercial Banks (Directions), 2023 dated 12th September 2023, Standard Security Receipts are controlled @ Re.1.00 w.e.f April 01,2024 (® in crore) Recovery Rating Face Value Book Value Market Value Provision Band RR1+ 0.95 : : : RR1 : : : RR2 : # RR3 RR4 : : RR5 6.88 : - Unrated 1,515.02 841.55 : 841.55 Total 1,522.85 841.55 : 841.55 No new Security Receipt has been added in the SR portfolio during the period April 01, 2026 to September 30, 2026. As per RBI guidelines, post 8 years, rating is not applicable. During the half year ended September 30, 2026, the Bank has done following PSLC transactions in e-Kuber portal of RBI: (® in Crore) PSLC Category PSLC sold PSLC Commission Commission paid purchased earned PSLC-SFMF 6,000 NIL 168.11 NIL PSLC - Agriculture 6,000 NIL 48.65 NIL Total 12,000 NIL 216.76 NIL Provision coverage ratio of the Bank as at September 30, 2026 is 95.20% (as at September 30, 2025: 95.13%). Other income includes income/commission from non-fund based banking activities, Penal charges, fees, earning from foreign exchange, profit/loss on sale of assets, profit/loss (including revaluation) from investments, dividend from subsidiaries, recovery in written off accounts, income on sale of PSLC, processing charges for advances, etc. In terms of Reserve Bank of India (Commercial Banks- Financial Statements: Presentations and Disclosures) Directions, 2025 dated November 28, 2025, the following is details of items exceed 1% of the total income for the half year ended September 30, 2026, included under the head miscellaneous income: Particulars 2 in Crore % of Total Income Interest on Income tax refund 1,054.95 1.63 Processing Charges for Advances 1,062.37 1.64 Recovery in Write-Off 1,482.81 2.29
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24, The bank has proactively strengthened its standard assets provisioning coverage and hasmade contingency provision of %700 crore in Q4 FY2026 and 2100 crore in Q1 FY2027.Continuing the same trend, during Q2 FY2027, additional =200 crore is provided and thesaid contingency provision as on September 30, 2026 stood at %1,000 crore which is notconsidered as part of Provision Coverage Ratio & Capital Adequacy Ratio. 25. The status of Investor’s Complaint for the quarter ended September 30, 2026, is as under:Complaints unresolved at | Received during Disposed-off Remaining unresolvedthe beginning of the the Quarter during the at the end of theQuarter 01.07.2026 Quarter Quarter0 5 5 0 26. Figures of previous period have been rearranged/reclassified/regrouped wherevernecessary. 27. Summarized Balance Sheet is as under: (2 in Lakh)PARTICULARS Standalone Consolidated CAPITAL AND 30.09.2026 30.09.2025 31.03.2026 30.09.2026 30.09.2025 31.03.2026LIABILITIES (Unaudited) (Unaudited) (Audited) (Unaudited) (Unaudited) (Audited)Capital 7,63,361 7,63,361 7,63,361 7,63,361 7,63,361 7,63,361Preference share capital issued by - a os 10,400 10,400 10,400subsidiary company Reserves and Surplus 1,31,01,913 1,13,56,535 1,20,94,139 1,36,44,269 1,18,15,735 1,25,81,368 Deposits 13,19,45,452 12,34,62,093 13,06,89,141 13,22,30,968 12,37,04,970 13,09,75,869 Borrowings 1,01,68,315 68,59, 565 77,19,017 101,95,683 69,19,662 77,79,787 Other Liabilities and 46,63,310 49,42,940 56,69,805 56,41,883 58, 18,219 66,39,484Provisions Total 16,06,42,351 | 14,73,84,494 | 15,69,35,463 | 16,24,86,564 | 14,90,32,347| 15,87,50,269 ASSETS Cash and Balances with Reserve Bank 45,06,132 60,78,089 66,47,282 45,06,203 60,78, 187 66,47,663of India Balances with Banks and Money at Call 8,82,372 52,26,267 29,23,187 9,30,019 52,76,787 29,56,672and Short Notice Investments 3,34,85,024 3,45,69,569 3,30,23,622 3,48,77,413 3,57,74,703 3,43,62,305 Advances 11,32,72,797 9,48,33,111 10,53,27,749 11,36,28,044 9,51,79,576 10,57,18,752 Fixed Assets 11,59, 787 9,94,934 11,60,798 11,65,063 9,99,949 11,65,981 Other Assets 73,36,239 56,82,524 78,52,825 73,79,822 57,23,145 78,98,896 Total 16,06,42,351 | 14,73,84,494 | 15,69,35,463 | 16,24,86,564 | 14,90,32,347 | 15,87,50,269 (we Ble. (Amresh Prasad) Executive Director Place: Mumbai Date: October 19, famnpetilen S) Executive Director (Asheesh Pandey) Managing Director & CEO (Nitesh Ranjan Executive Director
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M/s GS Mathur & Co. Chartered Accountants A-160, Ground Floor, Defence Colony, New Delhi-110024 M/s Chhajed & Doshi Chartered Accountants 101, Hubtown Solaris, N S Phadke Marg, Andheri(E) Mumbai-400069 M/s P Chandrasekar LLP Chartered Accountants S-512-514, Manipal Centre, No. 47, Dikenson Road, Bengaluru-560042 M/s V K Ladha & Associates Chartered Accountants Floor 36, Dravid Marg, Kshirsagar Colony, Ujjain - 456006 Independent Auditor’s Limited Review Report on Unaudited Standalone Financial Results of Union Bank ofIndia for the Quarter and Half Year ended September 30, 2026 pursuant to the Regulation 33 and 52 readwith Regulation 63(2) of SEBI (Listing Obligations and Disclosures Requirements) Regulation, 2015 (asamended) To The Board of Directors Union Bank of India Mumbai We have reviewed the accompanying statement of unaudited Standalone Financial Results of Union Bank ofIndia (the “Bank”) for the Quarter and Half Year ended September 30, 2026 (“the Statement”) attachedherewith, being prepared and submitted by the Bank pursuant to the requirements of Regulation 33 and 52read with Regulation 63(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, asamended (“the Regulations”) except for the disclosures relating to “Pillar 3 under Basel II! capital Regulation”,“Leverage ratio” , “Liquidity Coverage Ratio” and “Net Stable Funding Ratio” as disclosed on Bank’s Websiteand in respect of which a link has been provided in the statement and have not been reviewed by us. This Statement, which is the responsibility of the Bank's Management and reviewed and approved by theBoard of Directors, has been prepared in accordance with the recognition and measurement principles laiddown in Accounting Standard 25 "Interim Financial Reporting” (the "AS 25"), prescribed by the Institute ofChartered Accountants of India (the "ICAI"), the relevant provisions of the Banking Regulation Act, 1949, thecirculars, guidelines and directions issued by the Reserve Bank of India (the "RBI") from time to time (the "RBIGuidelines") and other accounting principles generally accepted in India. Our responsibility is to express aconclusion on the Statement based on our review. We conducted our review of the statement in accordance with the Standard on Review Engagements (SRE)2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued bythe Institute of Chartered Accountants of India. A review of interim financial information consists of makinginquiries, primarily of persons responsible for financial and accounting matters, and applying analytical andother review procedures. A review is substantially less in scope than an audit conducted in accordance withStandards on Auditing and consequently does not enable us to obtain assurance that we would become awareof all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. The unaudited standalone financial results include the relevant returns of 20 branches and 1 treasury branch reviewed by us. We have relied on review reports received from concurrent auditors for 369 branches and returns of 2 foreign branches reviewed by an overseas audit firm specifically appointed for this purpose. The financial results also incorporate the relevant returns of various head office departments reviewed by us. The financial results also include un-reviewed returns in respect of 8322 branches. We have also relied uponvarious information and returns of these un- reviewed branches generated through the centralized databaseat Bank’s Head Office.
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M/s G S Mathur & Co. Chartered Accountants A-160, Ground Floor, Defence Colony, New Delhi-110024 M/s Chhajed & Doshi Chartered Accountants 101, Hubtown Solaris, N S Phadke Marg, Andheri(E) Mumbai-400069 M/s P Chandrasekar LLP Chartered Accountants S-512-514, Manipal Centre, No. 47, Dikenson Road, Bengaluru-560042 M/s V K Ladha & Associates Chartered Accountants Floor 36, Dravid Marg, Kshirsagar Colony, Ujjain - 456006 5. Based on our review conducted as above, subject to limitation in scope as mentioned in Para 4 above and readwith notes to the Financial Results, nothing further has come to our attention that causes us to believe thatthe accompanying Statement of Unaudited Standalone Financial Results prepared in accordance withAccounting Standards and other recognized accounting practices and policies has not disclosed theinformation required to be disclosed in terms of the Regulation 33 and Regulation 52 read with regulation63(2) of the SEBI (Listing Obligation and Disclosures Requirements) Regulations, 2015 as amended includingthe manner in which it is to be disclosed, or that it contains any material misstatements or that it has not beenprepared in accordance with the relevant prudential norms issued by the RBI in respect of the incomerecognition, asset classification, provisioning and other related matters. Our conclusion is not modified in respect of this matter. For G S Mathur & Co Chartered Accountants FRN 008744N CA Rajiv Kumar Wadhawan Partner Membership No. 091007 UDIN:26091007QUADIF6795 Date: October 19, 2026 Place: Mumbai For Chhajed & Doshi Chartered Accountants FRN 101794W CA Sankalp Khinvesra Partner Membership No. 628732 UDIN:26628732FXSGXY2895 MUMBAI For P Chandrasekar LLP Chartered Accountants FRN 000580S/S200066 CA Rajesh D Partner Membership No. 234709 UDIN:26234709GLVKXO5502 For V K Ladha & Associates Chartered Accountants FRN 002301C hs CA Nupur Ladha Partner Membership No. 434797 UDIN:26434797GPETIE7213
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M/s G S Mathur & Co. Chartered Accountants A-160, Ground Floor, Defence Colony, New Delhi-110024 M/s Chhajed & Doshi Chartered Accountants 101, Hubtown Solaris, N S Phadke Marg, Andheri(E) Mumbai- M/s P Chandrasekar LLP Chartered Accountants S-512-514, Manipal Centre, No. 47, Dikenson Road, Bengaluru-560042 M/s V K Ladha & Associates Chartered Accountants Floor 36, Dravid Marg, Kshirsagar Colony, Ujjain - 456006 400069 Independent Auditor’s Limited Review Report on Unaudited Consolidated Financial Results of Union Bank ofIndia for the Quarter and Half Year ended September 30, 2026 pursuant to the regulation 33 and 52 read withRegulation 63(2) of SEBI (Listing Obligations and Disclosures Requirements) Regulation, 2015 (as amended) To The Board of Directors Union Bank of India Mumbai 1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results (“the Statement”) of Union Bank of India (the “Bank”), its subsidiaries and its share of not profit/(loss) after tax of its associates for the quarter and half year ended September 30, 2026 attachedherewith, being submitted by the Bank pursuant to the requirement of regulation 33 and 52 readwith regulation 63(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“the Regulations”) except for the disclosure of relating to “Pillar 3 under Basel IIIcapital Regulation”, “Leverage ratio” , “Liquidity Coverage Ratio” and “Net Stable Funding Ratio” as disclosed on Bank’s Website and in respect of which a link has been provided in the statement andhave not been reviewed by us. 2. This Statement, which is the responsibility of the Bank's Management and reviewed and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard 25 " Interim Financial Reporting" (the "AS 25"), issued bythe Institute of Chartered Accountants of India (the " ICAI "), the relevant provisions of the Banking Regulation Act, 1949, the circulars, guidelines and directions issued by the Reserve Bank of India (the "RBI") from time to time (the "RBI Guidelines") and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we could become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. E
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M/s G S Mathur & Co. M/s Chhajed & Doshi M/s P Chandrasekar LLP M/s V K Ladha & AssociatesChartered Accountants Chartered Accountants Chartered Accountants Chartered AccountantsA-160, Ground Floor, 101, Hubtown Solaris, S-512-514, Manipal Centre, Floor 36, Dravid Marg,Defence Colony, NS Phadke Marg, No. 47, Dikenson Road, Kshirsagar Colony,New Delhi-110024 Andheri(E) Mumbai- Bengaluru-560042 Ujjain - 456006 400069 4. The Statement also includes the results of the following entities: e Parent: 1. Union Bank of India e Subsidiaries: Union Asset Management Company Private Limited Union Trustee Company Private Limited Union Bank of India (UK) Limited Andhra Bank Financial Services Limited UBI Services LimitedVS ep e Jointly controlled entities: 1. Star Union Dai-ichi Life Insurance Company Limited 2. ASREC (India) Limited e Associate: 1. Andhra Pradesh Grameena Bank 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and basedon the consideration of the review reports of the other auditor including those referred to inparagraph 6 below, nothing has come to our attention that causes us to believe that theaccompanying Statement, prepared in accordance with the recognition and measurement principleslaid down in the AS 25, RBI Guidelines and other accounting principles generally accepted in India,has not disclosed the information required to be disclosed in terms of the Regulation 33 andRegulation 52 read with regulation 63(2) of the SEBI (Listing obligation and Disclosure Requirements)Regulation 2015, as amended, including the manner in which it is to be disclosed or that it containsany material misstatement or that it has not been prepared in accordance with the relevantguidelines/directions/prudential norms issued by the RBI in respect of income recognition, assetclassification, provisioning other related matters. 6. We did not review the interim financial information of 369 branches and 2 foreign branches includedin the standalone unaudited interim financial results of the Parent included in the Group. The interim financial results of these branches have been reviewed by the concurrent auditors and other auditorswhose reports/ certificates have been furnished to us, and our conclusion in so far as it relates to the amounts and disclosures included in respect of these branches, is based solely on the report of suchconcurrent auditors and other auditors and the procedures performed by us as stated in paragraph 3 above. 7. The consolidated unaudited financial results include the interim financial results, which have notbeen reviewed, of 8322 branches included in the standalone unaudited interim financial results ofthe parent included in the Group. The consolidated unaudited financial results also include the interim financial information of foursubsidiaries and two jointly controlled entities which have not been-reviewed by their auditors, 3 Wy : t September/30,sg 5 Faas at Sep rao
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M/s GS Mathur & Co. M/s Chhajed & Doshi M/s P Chandrasekar LLP M/s V K Ladha & AssociatesChartered Accountants Chartered Accountants Chartered Accountants Chartered Accountants A-160, Ground Floor, 101, Hubtown Solaris, S-512-514, Manipal Centre, Floor 36, Dravid Marg, Defence Colony, NS Phadke Marg, No. 47, Dikenson Road, Kshirsagar Colony, New Delhi-110024 Andheri(E) Mumbai- Bengaluru-560042 Ujjain - 456006 400069 2026 and total revenue of Rs. 800.08 crores and Rs. 1821.00 crore for the quarter and half yearended September 30, 2026 respectively, and total net profit after tax of Rs. 29.88 crores and Rs.55.73 crore for the quarter and half year ended September 30, 2026 respectively, as considered inthe consolidated unaudited financial results. However, the financial results of the above entities arecertified by their respective management. Financial result of one subsidiary is reviewed by its auditor whose interim financial information reflect total assets of Rs. 4936.14 crores as at September 30, 2026 and total revenue of Rs. 69.38 crores and Rs.138.98 for the quarter and half year ended September 30, 2026 respectively, and totalnet profit of Rs. 3.31 crores and Rs. 13.33 crore for the quarter and half year ended September 30, 2026 respectively, as considered in the consolidated unaudited financial results. The interim financial results have been reviewed by other auditor whose report have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts anddisclosures included in respect of this subsidiary, is based solely on the reports of the other auditorand the procedures performed by us as stated in paragraph 3 above. The consolidated unaudited financial results also include interim financial information of associate which have been reviewed by their auditor, whose interim financial information reflect total assets of Rs. 5117.16 crores as at September 30, 2026 and total net profit of Rs. 210.60 crores and Rs. 483.95 crore for the quarter and half year ended September 30, 2026 respectively, as considered in the consolidated unaudited financial results. The interim financial results have been reviewed by other auditor whose report have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of this associate, is based solely on the reports of the other auditor and the procedures performed by us as stated in paragraph 3 above. Our conclusion on the Statement is not modified in respect of the above matters. For G S Mathur & Co For Chhajed & Doshi For P Chandrasekar LLP For V K Ladha & Associates Chartered Accountants Chartered Accountants Chartered Accountants Chartered Accountants FRN 008744N FRN 101794W FRN 000580S/S200066 FRN 002301C CA Rajiv Kumar Wadhawan CA Sankalp Khinvesra CA Rajesh D CA Nupur Ladha Partner Partner Partner Partner Membership No. 091007 Membership No. 628732 Membership No. 234709 Membership No. 434797 UDIN:26091007WXNBKM3570 —_UDIN:26628732FFGGSQ2654 UDIN:26234709KUZBIL4593 UDIN:26434797LDYKGT3425
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*™ Union dl wiles ee (} Union Bankig ase AIR TRE GT STB A Government of india Undertaking (Nadi Besskieg Ange Finance & Accounts, Central Office 239, Union Bank Bhavan, Vidhan Bhavan Marg, Nariman Point, Mumbai-400021 Declaration regarding the Limited Review Report with Unmodified Opinion for the Unaudited Financial Results (Standalone and Consolidated) of the Bank for the Quarter ended 30.09.2026. We hereby confirm that the Statutory Central Auditors of the Bank have issued their Limited Review Report on Standalone and Consolidated Financials of the Bank for the Quarter/Half year ended September 2026, with an unmodified opinion. yw (Dhirendra Jain) Chief Financial Officer Place: Mumbai Date: October 19, 2026 (Z) union Bank aa Uniopecs mt inionZz UNION o [Zs |ceineat biz
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aorta te (9) Union RA WRG SI SUA Bank of India A Government of India Undertaking Statement of deviation / variation in utilization of funds raised (Pursuant to Reg. 32(1),32(2) and 32(3) of SEBI LODR Regulations) Name of Listed Entity Union Bank of India Mode of Fund Raising Date of Raising of Funds Equity Capital Amount Raised Report filed for quarter ended September 30, 2026 Monitoring Agency NA Monitoring Agency Name, if applicable NA Is there a Deviation/ Variation in use of | Nil funds raised If yes, whether the same is pursuant to | NA change in terms of a contract or objects, which was approved by the shareholders If Yes, date of Shareholder Approval NA Explanation for the Deviation /Variation | NA Comments of the Audit Committee after | NA review Comments of the auditors, if any NA Objects for which funds have been raised | NA and whether there has been a deviation, in the following table Original Modified | Original Object object, if | Allocation any Modified Funds Allocation, | Utilized if any Amount of | Remarks if deviation/ | any variation for the quarter according to applicable object NA NA NA NA NA NA NA Deviation or variation could mean: (a) Deviation in the object or purposes for which the funds have been raised or (b) Deviation in the amount of funds actually utilized as against what originally disclosed or (c) Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer etc. ayes Name of the signatory (Dhirendra Jain) Designation Chief Financial Officer Classification:: Confidential Place: Mumbai Date: October 19, 2026
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of India A Government of india Undertaking Annexure-A S.No. | Type of Name of Date of Date of Key | ISIN Amount | Date of CouponInstrument Bond General Information Raised Allotment PayableInformation | Document (Rs. In (Annually)Document Crores) NIL Name of the signatory (Dhirendra Jain) Place: MumbaiDesignation Chief Financial Officer Date: October 19, 2026 Classification: Confidential
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Aforerot de (9) Union URE TRO ST Sa Bank of India A Government of India Undertaking Statement of deviation /variation in the use of issue proceeds of issue of listed non-convertible debt securities for the quarter ended 30.09.2026 (Annexure-A) A. Statement of utilization of Issue Proceeds (Pursuant to Reg. 52(7) of SEBI LODR Regulations) Name ISIN Mode of Type of Date of Amount | Funds Any If 8 is Yes, Remarks of the Fund Instrument raising Raised utilized | deviation | then if anyIssuer Raising funds (Rs. In (Rs. In (Yes/No) | specify the (Public Crores) Crores) purpose of Issues / for which Private the funds Placement were utilized 1 2 3 4 5 6 vA 8 9 10 NIL LODR Regulations) B. Statement of deviation / variation in use of Issue Proceeds (Pursuant to Reg. 52(7A) of SEBI Particulars Remarks Name of the Listed Entity Union Bank of India Mode of Fund Raising Not Applicable Type of Instrument Not Applicable Date of Raising Funds Not Applicable Amount Raised Not Applicable Report filed for quarter ended September 30, 2026 Is there a Deviation/ Variation in use of funds No raised Whether any approval is required to vary the Not Applicable objects of the issue stated in the prospectus / offer document? If Yes, details of the approval so required Not Applicable Date of approval Not Applicable Explanation for the Deviation /Variation Not Applicable Comments of the Audit Committee after review Not Applicable Comments of the auditors, if any Not Applicable Objects for which funds have been raised and where there has been a deviation/variation, in the following table Original Modified Original Modified Funds Amount of | Remarks if Object object, if any Allocation Allocation, | Utilized | deviation/ any if any variation for the quarter according to applicable object Not Applicable Deviation could mean: (a) Deviation in the object or purposes for which the funds have been raised (b) Deviation in the amount of funds actually utilized as against what was originally disclosed Name of the signatory Designation Classification: Confidential ye (Dhirendra Jain) Chief Financial Officer Place: Mumbai Date: October 19, 2026
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Union ul [ae (9) Union Bank UIA ARE BI SUE A Government of india Undertaking Case NextGen Banking App 239, Union Bank Bhavan, Vidhan Bhavan Marg, Nariman Point, Mumbai-400021 Disclosure of Outstanding Default on Loans and Debts Securities as on 30° September 2026 ot: Particulars ® in CroreNo. 1 |Revolving facilities like cash credit from Banks/Financial Institutions A \|Amount outstanding as on date Nil B |/Total amount outstanding, amount of default as on date | Nil 2 Listed debt securities i.e. NCDs and NCRPs A ||Amount outstanding as on date Nil B ||Total amount outstanding, amount of default as on date Nil 3 ||Total financial indebtedness of the listed entity including short- 1,01,683term and long-term debt oy Name of the Signatory (Dhirendra Jain) Place: Mumbai Designation Chief Financial Officer Date: October 19, 2026 Classification: Internal Classification: Internal
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P. CHANDRASEKAR LLP Chartered Accountants To, Debenture Trustee(s) / BSE Ltd / National Stock Exchange of India Ltd Sub: Security coverage certificate for the quarter ended as on 30 September 2026 Management’s Responsibility The accompanying Statement, including the creation and maintenance of all accounting and other records supporting its contents, is solely the responsibility of the Management of the Bank.The Bank’s Management is also responsible for ensuring that the bank complies with therequirements of BSE Ltd. / National Stock Exchange of India Ltd./Debenture Trustee(s) inaccordance with SEBI guidelines. Our Responsibility Itisourresponsibility to certify the Statement based on our examination of the matters in the Statement with reference to the books of account and other records of the Bank as on 30% September, 2026 which has been carried out in pursuant to the requirements of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended read with SEBI Circular No. SEBI/HO/MIRSD/MIRSD_CRADT/CIR/P/2022/67 dated May 19, 2022. We conducted our examination of the Statement in accordance with the Guidance Note on Reports or Certificates for Special Purposes issued by the Institute of Chartered Accountants of India. The Guidance Note requires that we comply with the ethical requirements of the Code of Ethics issued by the Institute of Chartered Accountants of India. Opinion In our opinion and according to the information and explanation given to us and based on the procedures performed, we hereby certify the Security Cover as on 30* September, 2026 forlisted debt securities. Based on examination of books of accounts and other relevant records/documents, we hereby certify that: a) The Union Bank of India has, vide its Board Resolution and information memorandum/ offer document and under various Debenture Trust Deeds, has issued the following listed debt securities as on 30" September, 2026: Bangalore / Cnennai / Hyderabad Head Office: . S-512-514, Manipal Centre, #47, Dickenson Road, Bangalokeagseboab 3 © : 080-25585443 / 25597494
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Sr. ISIN Private Placement/ Secured/ Sanctioned No. Public Issue Unsecured Amount & 1 INE692A08169 Private Placement Unsecured 20,00,00,00,000 z INE692A08177 Private Placement Unsecured 15,00,00,00,000 3 INE692A08185 Private Placement Unsecured 15,00,00,00,000 4 INE692A08193 Private Placement Unsecured 13,20,00,00,000 5 INE692A08227 Private Placement Unsecured 6,63,00,00,000 6 INE692A08045 Private Placement Unsecured 7,50,00,00,000 7 INE112A08051 Private Placement Unsecured 10,00,00,00,000 8 INE692A08102 Private Placement Unsecured 10,00,00,00,000 9 INE692A08151 Private Placement Unsecured 11,50,00,00,000 10 INE692A08201 Private Placement Unsecured 7,00,00,00,000 11 INE692A08219 Private Placement Unsecured 15,00,00,00,000 12 INE692A08235 Private Placement Unsecured 30,00,00,00,000 Total 1,60,83,00,00,000 b) Security Cover for listed debt securities: The financial information for the period ended 30-09-2026 has been extracted from the books of accounts for the period ended 30-09-2026 and other relevant records of Union Bank of India; The Security Cover in the format as specified by SEBI vide its Circular No. SEBI/HO/MIRSD/MIRSD_CRADT/CIR/P/2022/67 dated May 19, 2022 is herein given as Annexure I. The Security Cover certificate is being issued in consonance with SEBI regulations and shall have no effect on the seniority of such instruments and all other terms and conditions applicable for the issue of the bonds as specified by RBI master circular no. DBR.No.BP.BC.1/21.06.201/2015-16 dated July 01, 2015 for BASEL III Compliant bonds/RBI master circular no. DBR.No.BP.BC.4/21.06.001/2015-16 dated July 01, 2015 for BASEL II Compliant bonds, as amended from time to time, and the terms of Issue. Compliance of all the covenants/terms of the issue in respect of listed debt securities information under Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 in terms of the provision of regulation 56(1)(d) as amended from time to time- Covenant Compliance Certificate as on 30.09.2026. We have examined the compliances made by the Bank in respect of the covenants / terms of the issue of the listed debt securities and certify that such covenants / terms of the issue have been complied by the listed entity except as stated below: Covenant | Document reference | Date of breach | Cure period (if any) NIL ae Page 2 of 3
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Restriction on Use This certificate has been issued at the request of the Bank, for onward submission to BSE Ltd / National Stock Exchange of India Ltd/Debenture Trustee(s) only. Our certificate should not be used for any other purpose or by any person other than the addresses of this certificate. Accordingly, we do not accept or assume any liability or duty of care for any other purpose or to any other person to whom this certificate is shown or into whose hands it may come save where expressly agreed by our prior consent in writing. For P Chandrasekar LLP Chartered Accountants (FRN: 000580S/S200066) tes CA Rajesh Partner Membership No. 234709 UDIN: 26234 FOIMCZITKKR 64265" Date: 19" October, 2026 Place: Mumbai las {iSflac ‘ ba]|, Bangalore-42 RASEWOME He Page 3 of 3
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ASSETS Annexure-1 Property, Plant andjuipment CapitalWork-in- Progress Right of Use Assets NIL
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Annexure-1 Goodwill IntangibleAssets Intangible Assets underDevelopment Investments ‘Loans Inventories: Trade Receivable s Cash and Cash Equivalents Bank Balances other than Cash and Cash, Equivalents ‘Others Total LIABILITIES Debt securities to which this certificate pertains NIL ‘Other debt sharing pari- passu chargewith above debt not to be filled ‘Other Debt ‘Subordinated debt Borrowings
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Bank Annexure-1 Debt Securities Others Trade ayables Lease Liabilities Provisions Others Total Exclusive Security Cover