ETHOS LIMITED — Board/Management Information 2024

Jan 18, 2024

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Ref. no. : Ethos/Secretarial/2023-24/92

Dated: January 18, 2024

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001

National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra, Mumbai - 400 051

Scrip Code : 543532 Trading symbol : ETHOSLTD

ISIN : INE04TZ01018 Subject : Outcomes of Board Meeting under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”)

Dear Sir/Ma’am

Greetings from Ethos.

Pursuant to Regula�on 30 of SEBI (Lis�ng Obliga�ons and Disclosure Requirements) Regula�ons, 2015 (" SEBI Lis�ng Regula�ons"), we wish to inform you that the Board of Directors of the Company in its mee�ng held today i.e., January 18, 2024, have, inter alia, considered and approved the following ma�ers:-

1. Appointment of Mr. Yogen Khosla as an Addi�onal Director (Independent) {DIN – 00203165} on the board the Company;

2. Appointment of Mr. Manoj Subramanian as the Addi�onal/Whole �me Director (DIN – 10458966) for a period of 3 (three) years with effect from April 1, 2024, along with the payment of remunera�on;

3. Appointment of Mr. Pranav Shankar Saboo as the Addi�onal/Managing Director and Chief Execu�ve Officer (DIN – 03391925) of the Company for a period of 3 (three) years with effect from April 1, 2024 along with the payment of remunera�on;

4. Recommenda�on for varia�on in the objects clause of Prospectus dated May 25, 2022 for u�lisa�on of issue proceeds of Ini�al Public Offering (IPO) of the Company, subject to shareholder’s approval; and

5. Approval for providing corporate guarantee favouring HDFC Bank towards availment of credit facili�es upto Rs. 5 crores by Joint Venture Company - Pasadena Retail Private Limited pursuant to provisions of sec�on 186 of the Companies Act, 2013 read with rules made thereunder.

Disclosure of information pursuant to Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 regarding the

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appointment of Additional Directors as envisaged in Serial nos. 1, 2 and 3 ,is enclosed herewith as Annexure – I.

The meeting of the Board of Directors commenced at 5:00 p.m. and concluded at 6:20 p.m.

We would request you to please take the same in your records and oblige.

Thanking you

Yours truly For Ethos Limited

Anil Digitally signed by Anil Kumar Kumar Date: 2024.01.18 18:19:24 +05'30' Anil Kumar Company Secretary & Compliance Officer Membership no. F8023

Encl.: as above

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Annexure – I

Disclosure of information pursuant to Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015

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----- Start of picture text ----- S.No. Particulars Mr. Yogen Khosla Mr. Manoj Subramanian Mr. Pranav Shankar Saboo1. Reason for change Appointment as an Appointment as an Appointment as anviz .re-designation/ Additional Director Additional/ Whole time Additional/Managingappointment (Independent) of the Director with functional Director and ChiefCompany designation of Executive Executive Officer of theDirector of the Company Company2. Date of re- January 18, 2024 January 18, 2024 as a January 18, 2024 as adesignation/ director. director.appointment Chief Operating Officer of Chief Executive Officerthe Company since March (non-director) of the1, 2020 company since April 1, 20183. Brief profile (in case He boasts educa�onal He holds a bachelor’s He has been associatedof appointment) accomplishments from degree in commerce from with the Company sinceEaling College, London, as S.I.E.S. College of April 1, 2018 as the Chiefwell as a commerce Commerce and Execu�ve Officer.degree from Loyola Economics. Further, heCollege, Chennai. has done his Master of He is the founder andHe presently holds the Business Administra�on Director on the board ofposi�on of Managing from Ins�tute for Dream Digital TechnologyDirector and CEO at Technology and Limited, a mul�-facetedCapital Trust Limited, a Management in academic digital marke�ng company.publicly listed Non- associa�on with NewBanking Financial Hampshire.Company with a He has been associatedspecializa�on in extending with the Company sincefinancial support to March 1, 2020 as the ChiefInformal MSMEs situated Opera�ng Officer.in rural India. His Previously, he has workedprofessional trajectory is with Swatch Group, Swissmarked by substan�al Watch House LLC and Justcontribu�ons as a board Lifestyle etc.member at Kine�c CapitalFinance. He also servedon the board of DBSCapital Trust Securi�es.4. Disclosure of He is not related to any He is not related to any He is related to Mr.relationships between Director / Key Managerial Director / Key Managerial Yashovardhan Saboo,Directors (in case of Personnel(s) Personnel(s) Chairman and Managingappointment of a Directordirector)5. Information as He is not debarred from He is not debarred from He is not debarred fromrequired pursuant to holding the office of holding the office of holding the office ofBSE Circular with ref. Director by virtue of any Director by virtue of any Director by virtue of anyno. SEBI Order or any other SEBI Order or any other SEBI Order or any otherLIST/COMP/14/2018- such Authority. such Authority. such Authority.19 and the National----- End of picture text -----

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Stock Exchange of India Ltd. With ref. no. NSE/CML/2018/24, dated June 20, 2018