RBL Bank Limited — Important, 05-02-2025: Updates

The Nomination and Remuneration Committee has approved the grant of 6,77,900 stock options to eligible employees under the Employee Stock Option Plan 2018. Each option is convertible into one equity share with a face value of Rs. 10 at an exercise price of Rs. 166.16 per option, based on the latest closing price prior to the grant date. These options will vest in three tranches: 30% after the first year, 30% after the second year, and 40% after the third year. Employees can exercise their options within five years from the vesting date. This plan aims to align employee interests with shareholder value and can signify a positive outlook for employee engagement and retention.