IndusInd Bank Limited — Important, 27-02-2025: Updates

The Compensation and Nomination & Remuneration Committee has approved the grant of 9,000 stock options under the Employee Stock Option Scheme to one eligible employee. The grant price is set at ₹1,034.25 per share, based on the closing price on the NSE on February 25, 2025. The options will vest over three years, with 33% vesting each in the first two years and the remaining 34% in the third year. The exercise period extends to five years following the vesting date. This initiative supports employee retention and motivation, reflecting a commitment to enhancing workforce engagement and aligning interests with shareholders.