Punjab & Sind Bank (PSB) has issued an addendum to its earlier notice dated December 30, 2025, regarding an upcoming Extraordinary General Meeting (EGM). The EGM is scheduled to be held on January 21, 2026, at 11:00 a.m. through Video Conferencing (VC) or Other Audio Visual Means (OAVM).

This addendum serves to inform shareholders that the Bank will seek their approval for the appointment of Shri Jitendra Asati as the Government of India Nominee Director. The new agenda item, "Item No. 2: To approve appointment of Shri Jitendra Asati as the Government of India Nominee Director of the Bank," will be added to the EGM notice.

Shri Jitendra Asati, aged 43, holds an M. Phil from Jawahar Lal Nehru University and is an All India Topper of the Indian Economic Service. He joined the government in January 2010 and has held various significant positions, including roles in the Ministry of Finance, India’s Mission in Washington DC, and the Ministry of Petroleum & Natural Gas. He previously served as a Gr B Officer in RBI. His expertise includes financial stability, external markets, foreign direct investment, and policy reforms in the oil and gas sector. In the Department of Financial Services (DFS), his responsibilities include fostering financial inclusion, augmenting agriculture credit, and strengthening Regional Rural Banks.

The addendum also includes an Explanatory Statement detailing the appointment, which is effective from September 09, 2025, as per a notification from the Government of India, Ministry of Finance, Department of Financial Services. The appointment requires shareholder approval in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shri Asati's directorship in other listed entities includes IFCI Limited. His remuneration will be in accordance with Government of India guidelines. None of the other directors or their relatives have any interest in this resolution.