Outcome of Board Meeting (AGM on August 22, 2016)

• Security Code: 532210
• Company: CUB

City Union Bank Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 21, 2016, resolved to fix the August 22, 2016 as the date of Annual General Meeting and approved the Notice of the Annual General Meeting inter alia containing usual items under Ordinary business such as adoption of Audited financial statements, Declaration of final dividend etc., and enabling resolutions under special business for augmenting further capital in the modes as prescribed below;

1. Up to Rs. 500 crore (including premium) through a process of Qualified Institutions Placement (QIP); and

2. Employee reservation along with Rights issue, if any in future, pursuant to Regulation 55A of SEBI ICDR Regulations, 2009,

and to approach the shareholders of the Bank for their approval at the ensuing Annual General Meeting subject to the provisions of the Companies Act 2013 and any other applicable laws & regulations including the guidelines issued by SEBI and RBI in this regard.