Blue Star Ltd — Board/Management Information 2022

Jun 13, 2022

BSE LimitedPhiroze Jeejeebhoy Towers,Dalal Street,Mumbai - 400001BSE Scrip Code: 500067	National Stock ExchangeofIndia LimitedExchange Plaza, C-1, Block G,Sandra Kurla Complex, Sandra (East),Mumbai - 400051NSE Symbol: BLUESTARCO

==> picture [6 x 55] intentionally omitted <==

==> picture [222 x 25] intentionally omitted <==

Reason for change	AppointmentofMs AnitaRamachandran as anAdditional Director designated as an IndependentDirector.
Dateofappointment andtermofaooointment	For the first termoffive consecutive years effective June13,2022, subject to the approvalofmembers.
Brief profile (in caseofappointment)	Anita Ramachandran (Anita) is a well-known HR expertin the country and has over 40 yearsofexperience as amanagement consultant. She is also oneofthe firstgenerationofwomen professionals to become anentrepreneur and run a highly successfulHRconsultingand services organization.Anita beganhercareer in the Management ConsultancydivisionofAF Ferguson & Co (the KPMG networkcompany in India then) in Mumbai in 1976 as the firstwoman consultant in the firm. Inhernineteen yearsstintwith AFF she worked in various partsofthe country andwas finally a directorofthe firm. InAFF, Anita worked ina wide rangeofareas from industrial market research,strategy, and human resources consulting.Anita founded Cerebrus Consultants in 1995 to focus onHRadvisoryservices,includingOrganizationTransformation. Her reputation and innovative workhelpedherbuild Cerebrus into a national presence.Cerebrus was partofthe Towers Perrin networkofcompanies for 12 years. Cerebrus has over the last26years worked with over 800 companies in South Asia ona wide varietyofHR projects covering Organisationdesign, organization transformation, Rewards andLeadership development. Cerebrus has a large portfolioofwork in Bangladesh andSri Lanka besides India.Anita is known as an authority in Reward management inthe country andherwork in the compensation andrewards area is well recognized. Her wide generalmanagement consulting experience and insights onHRhas enabled her to be a strategic advisor to many familygroups. She also works with several PE firms andstartups to mentor them through their growth journey.

==> picture [217 x 26] intentionally omitted <==

==> picture [81 x 81] intentionally omitted <==

==> picture [428 x 237] intentionally omitted <==

==> picture [128 x 81] intentionally omitted <==

==> picture [218 x 27] intentionally omitted <==

Blue Star Limited

==> picture [111 x 26] intentionally omitted <==

PRESS RELEASE

Ms Anita Ramachandran joins the Board of Blue Star Limited as Independent Director

==> picture [340 x 356] intentionally omitted <==

The Board of Directors of Air Conditioning and Commercial Refrigeration major Blue Star Limited has appointed Ms Anita Ramachandran (Anita), a well-known HR expert in the country, as an Independent Director for a term of 5 consecutive years with effect from

June 13, 2022. She will also be a member of the Nomination & Remuneration Committee and the Corporate Social Responsibility Committee.

Anita has over 40 years of experience as management consultant. She is also one of the first generation of women professionals to become an entrepreneur and run a highly successful HR consulting and services organization.

After commencing her career in the Management Consultancy division of AF Ferguson & Co in Mumbai in 1976 as the first woman consultant in the firm, Anita worked in a wide range of areas from industrial market research, strategy, and human resources consulting in various parts of the country, in a successful career spanning 19 years. She was finally a director of the firm.

In 1995, Anita founded Cerebrus Consultants to focus on HR advisory services, including Organization Transformation. Her reputation and innovative work helped her build Cerebrus into a national presence. Cerebrus was part of the Towers Perrin network of companies for 12 years. Cerebrus has over the last 26 years worked with over 800 companies in South Asia on a wide variety of HR projects covering Organisation design, Organization transformation, Rewards and Leadership development. Cerebrus has a large portfolio of work in Bangladesh and Sri Lanka besides India. Anita is known as an authority in Rewards Management in the country and her work in the compensation and rewards area is well recognized. Apart from being a strategic advisor to many family groups, Anita works with several PE firms and startups to mentor them through their growth journey.

Anita has been an Independent Director on the Boards of companies for the last 20 years and has in this capacity been associated with a wide range of industries. She is currently on the Board of several reputed companies such as Grasim, Metropolis Healthcare, Happiest Minds, FSN E-Commerce, Rane Madras, Aditya Birla Housing Finance, Godrej & Boyce, Kotak Life Insurance, and Essel Mining and Industries Limited. Anita has also been earlier on the boards of UTI, IDFC Asset Management, Utkarsh SFB in the financial sector, HCL, HCL Infosystems, and Force Motors.

Shailesh Haribhakti, Chairman of the Board of Blue Star Limited adds, “With her rich experience as an HR professional and a member of the Board of several reputed companies, Anita’s induction as an Independent Director will be immensely valuable to Blue Star. She will play an important role in Blue Star’s ambitious growth strategy and most importantly in its Human Capital strategy in the domestic and international markets.”

Place: Mumbai Date: June 13, 2022

For additional information, please contact: R S Priya, Senior Manager – Corporate Communications & Marketing Services, Blue Star Limited. Email: rspriya@bluestarindia.com Telephone: +91 44 42444027/ +91 98401 99941