CONSOUBAT ED SCRUTINIZER'S REPORT

(p.mgg~k to Rsgulstion 44 of 5EBl (LOBR) Re@ulrti@nt. 2015 read with Rule 20 the Companies (Management and AdmlnirtntlonJ Rules, 2024 ~ n d Union lank rrf lndi~ (Shsrer and Mminpr)

%egu!&!exnse Zgb998f

I t n h m ~ k PF india Address: Union Barak shairan, 2351, Vidhan Bhavan Mae, Narkman Pdnt, Nlamtiai 400021.

kbje?cP: C9nsalid;Pted kKtolniter's tIc~oR an 59% Annuilt General #egging a4F the Memmten @! %k ifn'r~n Bank rDf ladis tff8an8caI hdd ast "he&% A~tausP 10,2@21 at b1,WI a.m. (OSl thrmrfi Vdm aakencina NCt-1 or Other Aurfl~-Visuaf Means fOAbfMf 3% Centmf aftice, Unim Bank gvf d&at Mumki fPhe deemed venue af the Meet$ngf,

t, CS Mami Damanla, Designated Partner of !#is, 1WA I Associ;Paes LtP, Pra&fsing Compaay Secretaries, having office at 131, 1st Fbar, Building No. 2, New Sonai Link industrial Estate, Malad (Wj, Mumbai 400D64, have been appoirvted by the bard af Directars sf Union Bank of lndia (4k Mnk") .to act as Scrutinizers in terns af Regulation 44 of SEBI (LOOR) Regulatians, 2015 read with Rule 20 of the Companies fManagement and Admibtistrattion) Rules, 2014 and ltnien Bank of india [Shares and Fdleetiqsj Regulatiians, 2998 for the purpose of scrutinizing the prwess of remote e- voting and voting through electronic voting system during the 19" Annual General Meeting af the Memben of the Bank in respect of the resolutians set out in the Notice dated Juty 05, 2021 wnvening the 39th Annual General Meeting of the Bank conducted through Video Conferencing [YC] or Qther Audio-Visual Means {OAVNI) in accordance with General Circular Mos. 14/2Q2O, 17/2020,2flf2Q2Q and 02/2M1 dated April Q8,2020, April 13,2020, May Q5,ZOM and January 13, 2021 r e smiwly , issued by the Ministry of Corparate 8ff;iirs {coffedive& rb?fe~re$ to as " M a arculaaaj and SEBl Circular No. SEBI/HOiCFD/CMD1~CIW/P/2020/79 dated May 12, 21120 and SESI/HO/CFDItMDZiCIR/PI2021/11 dated January 25, 1021 (callectiveiy rekrred to as #SEBl @irwtarr") and pursuant t o Regulation 6 l A of the Unlan Bank of ind'ra [Shares and Meetings) Regulatians, 3.998,

The Management af the Bank is rerspansibie to ensure compiiance with the requiremen% of the &egul;ation tjlA of the Union Bank of India [Shares & Meetings) Regubtions, 199% Regulation 44 d the SE81 (MDR) Regutatians, 2015, Rule 20 of the Companies {Management and Administmtiafl Rules, 2014 and MCA and SEBI CircJarls xetating to voting by electronic means, {remote evoting m well as @-voting during the Annual General Meeting), on all the Resalutions contained in the Noti= dat& July Cttj, 2G21.

Our rerponsibiliQ a Scrutinizes for scrutinizing the voting process is that the e-voting pmcerr is conduaed in o fair and transparent manner and to make a consolidated repon to the the Annual General Meeting or any person authorized by him to receive the repon on t &Far (assenti" or #@l#st (dissent)" the rkrsdutlons stated in the notice.

d M A a &@elates blP ij tLPt N: Me-3388 Regd* wf. : 1%3f %a Fiw% B~l@in~ P4@. 2, Mew sa al Estate, Meled (WJ, MurrtBaj- 4rm

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me Bank completed sending of Notice and Annual Repoe 2029-21 by emzlif for convening 19% Annual General Meeting of the Bank on July 08,2021 $0 the members whose names appeared in the Regbter of Memkrs/ List af Beneficiai Owners maintained by the Depositories as on July 112, 2021. The Benk also sent Natice and Annual Report of 2020-21 an August 6, 2091 to those who became shareholders; of: the Bank after July 02,2021 and continued to hold shares OR A U ~ U S ~ 434,2021,

The Bank has published Notices on July 03,2021 prior Zo dispatch of AGM Notice and Annuai Report and an luty 19, 2021 post-dispatch of AGM Nstice and Annual Report in Business Standard [English I$II Editions), The Free Press 3ournal (English, Mumbai Edition), Business Standard {Hindi, At! Edikirtns) and Ravshakti {Marathi, Mumbai Edition), Mumbai which provided reqkli~r?d infoamariosl as sgecifkd in the rules.

The Bank has availed the e-voting facility offered by KFin Technologies Private Limited {#Fintech) for mnducting the remote e-voting and voting through electronic voting system during- the 19"" Annua! General Meeting by the sharehorders of the Bank.

The period of remote e-voting commenced on Saturday, August 07, 2021 at 9:W a.m. {!ST) and ended on Monday, August 09,2021 at S:00 p.m. ttSTj, The remote e-voaing module was disabied by KFintech For voting thereafter. The Shareholders were required to cast their votes elearonicaly before Monday, August 09,2021, S:00 p.m. jlST) conveying their assent or dissent in respea of the resolutions an the remote e-voting platform provided by #Fintech.

The facility of voting through electronic voting system was also made available during the lgth Annuill General Meeting for the memben participating in the meeting and who did not cast their vote through remote e-voting.

Voting rights were reckoned as on Wednesday, Augusl: 04, 2021 being the "Cut-~ff Dae" for the purpose of deriding the entitlements of shareholders for remote e-voting and voting during the 19* Annual General Meeting,

Mr. Raja Patndit8 Second Scrutinizer of the Bank (DP ID and Client ID 130259 505) was atso appointed as a Scrutinizer representing the shareholders of the Bank for scrutinizing the votes caste$ during the 1 9 Annual General Meeting as per the provisions of Union Bank of India [Shares and Meetin@) Regulations, 1998

After the closure- of the e-voting at the Annual General Meeting, the report on the e-voting dane at the Annual General Meetirrg and the votes cast under remote e-voting facility prior to the Annual General Meeting were unblocked by using the Scrutinizer's login on P-voting pla2facm of KFin Technologies Private Limited f KFintech) in the presence of two witnesses CS Jigar Shah and CS Shikha

Sangodbr who are not in the employment of the Bank as prescribed in Sub-rule 4jxfi) of the said Rule 20, as amended. The said witnesses have signed below in confrrmatiw of the votes cast through e-votig having been unblociked in their presence:

he vctes werE mconded with the records maintajnecd by the Bank and Datamatics Business solutions Ijmt'ted (RTAJ with resped to the authoririmtions lodged with the Bank and were scrutinized.

On counting of the votes, we obsewed that: a) 49 Shareholden had cast their vote during the lgth Annual Gener~l Meeting; bf 66'3 Shareholden had cast their votes thmugh remote e-voting,

Pursuant to sub-section (2E) of Section 3 of the Banking Companies {Acquisitions & Transfer of Undertakings) Act, 197O, voting rights of the shareholders other than the Centrai Government have been restricted to 19% of the total voting rights of all the shareholders of the Bank.

The consolidated results of remote e-voting and voting during the 19'" Annual General Meeting thmugh electronic voting system are enclosed herewith,

Based on the consolidated results, we hereby report that the Ordinary Rewlurtian as set out in the Item No. 01 and the Special Resolution as set out in the ltem No. 02 of the Notice of the 19" Annual General Meeting dated July 05,2021 have been passed with the requisite majority.

The Ordinary Resolution as set out in the ltem No. 03 of the Notice of the lgth Annual General Meeting dated July 05,2021 stands cancelled.

The electronic data and all other relevant records relating to the e-voting is under my safe custody and will be handed over to the Company Secretary for preserving safely aRer the Chainnan considers, approves and signs the Minutes of the Annual General Meeting.

Thanking you.

For JWA & Associates UP, Pracltising company Secretaries Peer Review Certificate No. 980/2020

C5 Mansi Damania Deslgnaed Pafiner FC5: ?a? I COB: 8120

I have receive ha report p";

WID Ik CEO {Chairnran d the Wting)

Bate: Augtssd %8,20;tl Place: MumLaai

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Consolidated Results

ltem No. 1: To discuss, approve and adopt the Audited Standalone and Consolidated Balance Sheet of the Bank as at 31" March 2021, Standalone and Consolidated Profit and Loss Account for the \rear ended on that date, the Report of the Board of Directors on the working and activltles d the Bank for the period covered by the Accounts and the Auditors' Report on the Balance Sheet and Accounts. (Ordinary Resolution)

Based on the aforesaid result, we report that the Ordinary Resolution as contained in ltem No. 1 of the Notice of the Annual General Meeting dated July 05, 2021 has been passed with requisite majority.

ltem No. 2: Raising of Capital. (Special Resolution)

*Abstain and invalid votes are not counted in total votes.

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Based on the ahresaid result, we report that the Spcial WsolMion as contained in item No. 9 of the ~ o t i r e of the Annual Gerreral Meeting dated july Q5, 2021 has been passed awlttt rewjsite majoriq.

Itern No. 3

I The Bank received only one valid nomination for election of ONE director on the Board af the Bank,

I representing the shareholders of the Bank as provided in Section 9 (3) (1) cf the Banking Cempanies

I (Acquisition and Transfer of Undertakings) Act, 1970.

I I Accordingly, as per the provisions of Regulation 66 of the Union Bank of India {Shares and Meetings)

Regulations 1998, as amended, Smt. Priti Jay Rao is deemed to have been elected and has assumed office on July 29,2021 and will hold office until the compfetion of a period of three years from the

I date of such assumption.

Further, since the election of shareholder director is completed, the said Agenda Ha. 3 as mentioned in the Notice of AGM scheduled on Tuesday, August 10,2021 stands cancelled,

I I Thanking you.

for fUfA t Associates LLP, Practising Company Secretaries Peer Review Certificate No.

t3S Mans! Damania Designated Partner Fa: 7447 1 COP: 8120

Date: August HO, 202% Place: Mumbai

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