CUB

- City Union Bank Limited informed the stock exchanges about its participation in the Investor Conference organized by Ashika Stock Services Limited. - The conference was held on November 05, 2026, at Mumbai. - The disclosure is made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

- City Union Bank received RBI approval for the appointment of Shri Sankaran G as Executive Director (Whole-time Director). - The appointment is for a period of three years from the date of taking charge. - Further disclosures regarding his formal induction into the Board will be provided in due course.

Management Guidance & Outlook - Credit growth expected to stay 2%-3% above industry average, led by secured lending. - Net Interest Margin (NIM) guided in the range of 3.85% to 3.95% for Q3 and Q4 FY27. - Return on Assets (ROA) targeted above 1.60% to 1.65%. - Cost-to-income ratio projected to remain between 45% and 47% for FY27. - Gold loan portfolio capped at 31% to 32% of total advances. Asset Quality & Balance Sheet - Gross NPA dropped 29 bps QoQ to 1.44%; Net NPA reduced to 0.48%. - Total recoveries (₹317 Cr) exceeded fresh slippages (₹175 Cr), leading to negative credit costs. - Sold ₹803 Cr of legacy NPA accounts to ARC for ₹131 Cr; provision reversal not taken to P&L. - Incremental ECL provision requirement stands at ~₹299 Cr, to be absorbed via capital with no P&L hit. - Created a contingent provision of ₹50 Cr during Q2 FY27 against future economic uncertainties. Growth Drivers - Advances grew 26% YoY to ₹72,442 Cr, driven by MSME (₹42,862 Cr) and Gold loans (₹21,777 Cr). - Deposits expanded 21% YoY to ₹83,893 Cr, maintaining CD ratio at 86%. - Branch network expanded past 1,000 branches, with new verticalization initiatives in CASA, TASC, NRI, and Salary segments boosting productivity.