3M India Ltd. — Board/Management Information 2023

Dec 11, 2023

==> picture [56 x 31] intentionally omitted <==

3M India Limited

WeWork Prestige Central 3[rd] Floor, 36 Infantry Road Bengaluru 560001, India Tel: +91 80 22231414 www.3M.com/in

Corporate Relationship Department December 11, 2023 BSE Limited 1st Floor, New Trading Ring, Rotunda Building P.J. Towers, Dalal Street, Fort Mumbai - 400 001 Scrip Code - 523395 The Secretary National Stock Exchange of India Limited Exchange Plaza, Bandra – Kurla Complex Bandra (E), Mumbai – 400 051 Scrip Code – 3MINDIA

December 11, 2023

Dear Sirs,

Sub: Outcome of the Board Meeting held on Monday, December 11, 2023. Ref: Reg. 30 of SEBI (LODR) Regulations, 2015.

We wish to inform that the Board of Directors of the Company at its Meeting held today i.e. December 11, 2023 (Monday) has transacted the following business items inter-alia others:

1. The Board of Directors based on the recommendations of the Nomination and Remuneration Committee have approved the re-appointment of Mr. Ramesh Ramadurai (DIN: 07109252) as the Managing Director of the Company for a further period from February 13, 2024 to February 12, 2027 (categorized as Executive and Non- Independent Director) subject to the approval of the Members of the Company through Postal Ballot. Brief details of Mr. Ramesh Ramadurai are enclosed below as “Annexure- 1”.

We hereby affirm that Mr. Ramesh Ramadurai who has been re-appointed is not debarred from holding the office of Director by virtue of any SEBI order or any such authority and is not related to any other Directors of the Company and does not hold any shares in the Company.

1. The Board approved a Postal Ballot Notice for re-appointment of Mr. Ramesh Ramadurai (DIN: 07109252) as the Managing Director of the Company for a further period from February 13, 2024 to February 12, 2027, to be sent to the Members of the Company whose names appear in the Register of Members / List of Beneficial owners as on December 11, 2023, being the cutoff date for sending Postal Ballot Notice to the Members who are entitled to e-voting as per the MCA/SEBI Circular.

The Meeting commenced at 11.00 A.M.(IST) and concluded at 11.15 A.M.(IST). You are requested to take the same on record.

Thanking you Yours faithfully

For 3M India Limited

Pratap Rudra Bhuvanagiri

Company Secretary & Compliance Officer

Encl: as above

Regd Office : Plot No 48-51 Electronics City, Bangalore 560100, India CIN No: L31300KA1987PLC013543

“Annexure 1”

==> picture [56 x 31] intentionally omitted <==

Re-appointment of Mr. Ramesh Ramadurai (DIN: 07109252) as a Managing Director of the Company:

Sl No	Sl No	Particulars	Particulars	Details	Details	Details
. .
1		Reason for change viz. appointment,resignation removal death or		Re-appointment of Mr. Ramesh Ramadurai (DIN: 07109252)as a Managing Director of the Company for a further periodfrom February13,2024 to February12,2027.
		, ,otherwise		from February13,202	4 to February12,2027.
2		Date of appointment & term	of	Effective date of re-a	ppointment: February 13, 2024.	d
		Appointment		From February 13, 20as Executive, Non- In	4 to February 12, 2027 (categorizedependent Director).
				Subject to the approv	al of the members of the Company.
				His present tenure asFebruary12,2024.	Managing Director will conclude on
3		Brief profile (in case of appo	intment);	Mr. Ramesh Ramadur	ai was initially appointed as a No	n-thetoasof4.ssyatog4,esernsStrect’saiilssleeaarneinmorn
				Executive Non-Indepefft f Mh	ndent Director of the Company wi7 2015 H itd t
				eec rom arcManaging Director of	, . e was appone asthe Company from June 1, 2019
				February 12, 2022 an	d he was re-appointed by Members
				Managing Director ofTwo (2) years from Fe	the Company for a further periodbruary 13, 2022 to February 12, 202
				Previously, Mr. Ram	esh Ramadurai served as Busine
				Director for 3M Indus2019 Durin this per	trial Business from July 2014 to Maod he was based in Shanhai Chi
				. gand was responsible f	, g,or the entire Asia Pacific Area. Prior
				this role, Mr. RameDi f 3M Phili	sh Ramadurai served as Managinf A 2011 il J 201
				rector o ppbased in Manila. He	nes rom ugust unt uneJoined 3M India in 1989 as a sal
				engineer and held pos	itions as the Country Business Lead
				for the Industrial abusinesses. He was s	nd Electro & Telecommunicatioconded to Global Headquarters in
				Paul, USA, from Nove	mber 2003 to December 2008, whe
				he worked as MarkeManaer and Intern	t Segment Manager, Global Produational Business Manaer in 3M
				gIndustrial Business. P	grior to 3M, Mr. Ramesh Ramadur
				worked for a year as a	Production Engineer at an Offshore O
				Production facility in Iplanning role at an	dia and for about 3 years in a busineautomotive parts and motorcyc
				manufacturer in India.	Mr. Ramesh Ramadurai served as th
				Chairman of ConfedeState Council for FY 2	ration Indian Industry (CII), Karnata1-22. Mr. Ramesh Ramadurai is also
				,member of Confedera	tion of Indian Industry (CII), Southe
				Region and a memberUS Idi Bi C	of the India Advisory Committee of thil (2022-24)
				na usness ou	nc .
				Mr. Ramesh RamadurManagement (PGDM)	ai holds a Post Graduate Diplomawith specialisation in Marketing fro
				the Indian Institute of	Management, Calcutta and a Bachel
				of Technology in ChInstitute of Technolog	emical Engineering from the IndiaKanpur
4		Disclosure of relationships b	etween	Mr. Ramesh Ramadura	, .i is not related to any of the director	s
		directors (in case of appoint	ment of	of the Company.
		a director)