We wish to inform you that Board of Directors in its meeting held on September 9, 2019 has - 1. Considered and given its in-principle approval for the amalgamation of Andhra Bank and Corporation Bank into Union Bank of India. The Bank has received a communication from Ministry of Finance, Government of India to the effect that the Alternative Mechanism (AM), in consultation with the Reserve Bank of India, has decided that Union Bank of India, Andhra Bank and Corporation Bank may consider amalgamation of Andhra Bank and Corporation Bank into Union Bank of India. Accordingly, a meeting of the Board of Directors to consider the amalgamation will be convened by the Bank in due course (As Per BSE Announcement Dated on 31/08/2019). Board''s Approval for Amalgamation of Andhra Bank and Corporation Bank with Union Bank of India. (As Per BSE Announcement Dated on 13.09.2019) This is in continuation to our letter no. ISD/19-20/208 dated September 9, 2019 informing about in-principle approval of the Board of Directors for the amalgamation of Andhra Bank and Corporation Bank into Union Bank of India. In this regard, we like to inform that the Bank has received a communication from Ministry of Finance, Government of India on November 16, 2019 stating that the Alternative Mechanism (AM) has accorded in-principle approval to proposed amalgamation of the Andhra Bank and Corporation Bank into Union Bank of India with Union bank of India as the transferee Bank and Andhra bank and Corporation Bank as transferor banks. The above disclosure is made under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. This is for your information and appropriate dissemination. (As Per BSE Announcement dated on 18/11/2019) In-Principle approval of Alternative Mechanism for the proposed Amalgamation of Andhra Bank and Corporation Bank into Union Bank of India. (As Per BSE Announcement dated on 21/11/2019) Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Central Government in exercise of the powers conferred by Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 after consultation with the Reserve Bank of India has notified the Amalgamation of Andhra Bank and Corporation Bank into Union Bank of India Scheme, 2020 vide gazette notification dated March 4, 2020. It shall come into force on April 1, 2020. A copy of the scheme is enclosed herewith for your information and appropriate dissemination. The details of the amalgamation, share exchange ratio, record date and details of constitution of Expert Committee etc. are given in the attachment. (As Per BSE Announcement Dated 05.03.2020) Equity Share Exchange ratio for amalgamation of Andhra Bank into Union Bank of India, Scheme of Amalgamation and record date (As Per BSE Announcement Dated 05.03.2020) Notice published in the newspaper - Amalgamation - Formation of Grievance Redressal Committee for addressing objections on Fair Equity Share Exchange Ratio and Record date. (As Per BSE Announcement Dated 07.03.2020) Trading members of the Exchange are hereby informed that, pursuant to the Scheme of Amalgamation as notified by Government of India under Section 9 of Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970 (5 of 1970) and section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act,1980 (40 of 1980), the Central Government after consultation with the Reserve Bank of India, has notified the Amalgamation of Andhra Bank and Union Bank of India, Union Bank of India has fixed the Record Date to determine the entitlement of shareholders of Corporation Bank to equity shares of Union Bank of India. Trading Members are advised not to deal in the equity shares of Andhra Bank with effect from the under mentioned date: COMPANY NAME CODE Andhra Bank (532418) RECORD DATE 23.03.2020 PURPOSE Scheme of Amalgamation: - On the commencement of the Scheme, Union Bank of India shall issue and allot Equity Shares to the shareholders of Andhra Bank in the following share exchange ratio: '325 (Three hundred & Twenty Five) equity shares of Rs.10/- each of Union Bank of India for every 1000 (One Thousand) equity shares of Rs.10/- each of Andhra Bank.' NO DEALINGS FROM W.E.F. 20/03/2020 DR-242/2019-2020 Subject to compliance with requisite formalities the New Shares to be issued and allotted of Union Bank of India will be listed on BSE Limited. Trading Members of the Exchange are requested to take note of it. (As Per BSE Notice Dated on 09.03.2020) Amalgamation of Andhra Bank into Union Bank of India (As Per BSE Announcement Dated on 17.03.2020) Please refer our letter dated March 17, 2020 informing about final Equity Share Exchange Ratio and Record Date for amalgamation of Andhra Bank and Corporation Bank ('Transferor Banks') into Union Bank of India ('Transferee Bank'). In continuation to the above, we wish to inform that pursuant to the approval of the Board of Directors of the Bank, we have issued and allotted 2,98,40,25,503 equity shares on April 1, 2020 to the shareholders of the Transferor Banks. The Bank is in the process of listing the above shares on BSE and NSE. The issued shares will be credited to the demat accounts of shareholders post receipt of final listing approval. In case of shareholders holding physical shares of Transferor Banks, share certificate will be dispatched to them. Further, the payment of fractional shares will be made to the bank accounts of eligible shareholders of transferor Banks or fractional payment warrant will be issued for amount arising out of fractional entitlements. (As Per BSE Announcement Dated 01.04.2020) The Board of Directors in its meeting held on 29.07.2020, inter-alia, considered & approved: 1. Capital Plan of the Bank for the FY 2020-21 to raise capital funds by an amount not exceeding Rs.10,300 crore, subject to: Opening Balance Sheet of the Amalgamated Bank as at April 1, 2020 i.e. post amalgamation of Andhra Bank and Corporation Bank into Union Bank of India. A copy of the same is enclosed herewith. The Board meeting commenced at 12:30 P.M. and concluded at 8.10 P.M. (AS Per BSE Announcement Dated on 29.07.2020) Pursuant to Regulation 57 (1) of SEBI (LODR) Regulations, 2015, we have to inform you that the annual interest on the bond (Bond ID: INE434A08018)(pertaining to erstwhile Andhra Bank now amalgamated into Union Bank of India) has been paid on August 24, 2020 as per the mandate given by the Investor and as per the Beneficiary Position of relevant Record Date. The confirmation in this regard is attached. (AS Per BSE Announcement Dated on 24.08.2020) Approval of Proforma Financial Statements as on 31.03.2020 and 31.12.2019 (As Per BSE Announcement dated on 01.03.2021)