The Administrator of Yes Bank has received and executed equity commitment letters with the following investors towards investment into Yes Bank ("ECLs"):

a) State Bank of lndia
b) Housing Development Finance Corporation
c) ICICI Bank
d) Axis Bank
e) Kotak Mahindra Bank
f) The Federal Bank
g) Bandhan Bank
h) IDFC First Bank

Increase in authorized share capital: The authorised share capital of the Bank has been increased in accordance with the terms of the Scheme from the existing Rs l l,00,00,00,000 to Rs 62,00,00,00,000 and the number of equity shares has been altered from 450,00,00,000 equity Shares of Rs 2 each to 30,00,00,00,000 equity shares of Rs 2 each aggregating to Rs 60,00,00,00,000. The authorised preference share capital of the Bank shall continue to be Rs 200,00,00,000.

Issuance and allotment of equity shares: An aggregate of 1,000,00,00,000 equity shares of the Bank of Rs 2 each have been allotted in the following manner:

(a) 605,00,00,000 equity shares have been issued and allotted to State Bank of India ("SBI"), for an aggregate subscription consideration of Rs 60,50,00,00,000 (Rupees six thousand and fifty crore only) calculated at a share price of Rs 10 per equity share comprising of Rs 2 face value and Rs 8 premium. SBI shall not reduce its holding below 26% before completion of 3 (three) years from 14 March 2020. The remaining shareholding of SBI shall be freely transferable and shall lock-in; and

395,00,00,000 equity shares have been issued and allotted to the investors for an aggregate subscription consideration of Rs 39,50,00,00,000, calculated at a share price of Rs 10 per equity share comprising of Rs 2 face value and Rs 8 premium.

( c) 75% of such number of equity shares allotted to each Investor shall be subject to a lock in for a period of 3 years from 13 March 2020. The remaining 25% (twenty-five percent) of the shareholding allotted to each lnvestor shall be freely transferable and shall not be subject to any lock-in.