Gillette India Ltd. — AGM Information 2024

Dec 3, 2024

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Gillette India Limited

CIN: L28931MH1984PLC267130 Regd. Office P&G Plaza, Cardinal Gracias Road, Chakala, Andheri (E), Mumbai - 400099 Tel : 91-22-6958 6000 Fax : 91-22-6958 7337 Website: in.pg.com

December 3,2024

To, The Corporate Relations Department The BSE Limited Department of Corporate Services Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Ref:- Scrip Code:- 507815

To, The Listing Department The National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051. Ref:- Scrip Code:- GILLETTE

Dear Sir/Madam,

Sub: - Proceedings of the 40[th] Annual General Meeting of Shareholders held on December 3, 2024

We would like to inform you that the 40[th ] Annual General Meeting of the Company was held today, December 3, 2024, at 11.00 a.m. through Audio-Video means. In this respect, please find enclosed a summary of proceedings of the 40[th] Annual General Meeting.

Further, we have also enclosed copy of the presentation made during Annual General Meeting held today, i.e., December 3, 2024.

Kindly take the above on record and oblige.

Thanking you,

Yours faithfully,

For Gillette India Limited

FLAVIA Digitally signed by FLAVIA PETER PETER MACHADO Date: 2024.12.03 MACHADO 15:02:16 +05'30' Flavia Machado Company Secretary

Encl: As Above

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Gillette India Limited CIN: L28931MH1984PLC267130 Regd. Office P&G Plaza, Cardinal Gracias Road, Chakala, Andheri (E), Mumbai - 400099 Tel : 91-22-6958 6000 Fax : 91-22-6958 7337 Website: in.pg.com

Summary of the proceedings of the 40[th] Annual General Meeting of Gillette India Limited held today, December 3,2024 at 11:00 a.m. through Video Conferencing or Other AudioVisual Means. The venue was deemed to be the Registered Office of the Company at P&G Plaza, Cardinal Gracias Road, Chakala, Andheri East, Mumbai – 400 099.

Requisite quorum being present, the proceedings of the meeting commenced at 11:00 a.m.

Ms. Flavia Machado, Company Secretary, welcomed the shareholders to the 40[th] Annual General Meeting (AGM).

Ms. Anjuly Chib Duggal, Chairperson of the Board and Chairperson of the Audit Committee and Corporate Social Responsibility Committee of the Company chaired the meeting. The Chairperson welcomed all the Members and called the meeting to order.

The Chairperson stated that this year, the Company completed 40 years of its incorporation in serving consumers, customers, shareholders and society and expressed his gratitude to all our consumers, customers, employees, business partners and Company’s valued shareholders for their support and participation in the growth of the Company.

The Chairperson informed the Shareholders that the AGM is being conducted through audio video means as permitted by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI). The Notice of AGM along with the Annual Report for the financial year 2023-24 were sent to the shareholders electronically in view of the MCA and SEBI circulars in this respect.

She then introduced the Board members and management officials, present for the meeting as follows.

Present at the venue were:

• Ms. Anjuly Chib Duggal, Chairperson & Independent Director

• Mr. Kumar Venkatasubramanian, Managing Director, and Chairperson of the Risk Management Committee;

• Ms. Flavia Machado, Company Secretary;

• Ms. Srividya Srinivasan, Executive Director and Chief Financial Officer;

• Mr. Gautam Kamath, Vice President-Finance.

Ms. Anjuly Chib Duggal went on to introduce the other board members present virtually via video conference.

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Gillette India Limited CIN: L28931MH1984PLC267130 Regd. Office P&G Plaza, Cardinal Gracias Road, Chakala, Andheri (E), Mumbai - 400099 Tel : 91-22-6958 6000 Fax : 91-22-6958 7337 Website: in.pg.com

• Mr. Sanjay Asher, Independent Director, and Chairperson of the Nomination & Remuneration Committee;

• Mr. C. P. Gurnani, Independent Director;

• Mr. Pramod Agarwal, Non-Executive Director, and Chairperson of the Stakeholder Relationship Committee;

• Mr. P. M. Srinivas, Executive Director.

The representatives of the Statutory Auditors and Secretarial Auditors had also joined this Meeting.

The Chairperson informed the members that representations under Section 113 of the Companies Act, 2013, representing 2,44,37,803 shares had been received. The Auditors’ Report and the Secretarial Audit Report did not contain any qualifications or observations.

Ms. Flavia Machado, Company Secretary briefed the Members through the general instructions regarding virtual participation in this AGM, resolutions being put through vote and e-voting process. Live streaming of the meeting was also available on the NSDL website. She also informed the members that the requisite statutory registers were available for electronic inspection for the shareholders who wished to view the same, on the e-voting system.

The resolutions proposed to be passed at the Annual General Meeting contained in the Notice convening the Meeting, which was circulated to the Members, and read by Ms. Flavia Machado, were:

ere:
Sr. No.	Item
	Ordinary Business
1	To adopt the Financial Statements for the Financial Year ended June 30, 2024, together with the Reports of the Auditors and Directors thereon (Ordinary Resolution)
2	To confirm payment of interim dividend and to declare final dividend for the Financial Year endedJune 30,2024(OrdinaryResolution)
3	To re-appoint Mr. Srinivas Maruthi Patnam, Director (DIN 09296558), retiring by rotation.(OrdinaryResolution)
	Special Business
4	To appoint Ms. Srividya Srinivasan (DIN 10823130) as an Executive Director of the Company (OrdinaryResolution)
5	To appoint Mr. Sanjay Asher (DIN 00008221) as an Independent Director of the Company (Special Resolutions)
6	To appoint Mr. C. P. Gurnani (DIN 00018234) as an Independent Director of the Company (Special Resolution)

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Gillette India Limited CIN: L28931MH1984PLC267130 Regd. Office P&G Plaza, Cardinal Gracias Road, Chakala, Andheri (E), Mumbai - 400099 Tel : 91-22-6958 6000 Fax : 91-22-6958 7337 Website: in.pg.com

Ms. Machado informed that the Company had provided an e-voting facility for members to cast their vote through remote e-voting, which had commenced on Thursday, November 28, 2024 at 9:00 a.m. and ended on Monday, December 2, 2024 at 5:00 p.m. Those Members who had not done so were eligible to vote through the e-voting system within 30 minutes post conclusion of this AGM. Mr. Kamalax Saraf, Saraf & Associates, Practicing Company Secretaries, was appointed as the Scrutinizer for conducting the scrutiny of votes cast through e-voting at the meeting.

Mr. Kumar Venkatasubramanian, Managing Director made a presentation to the Members on Company’s financial performance, business strategy and category review and on the Corporate Social Responsibility activities of the Company.

The Chairperson invited the Members for their comments and questions on the Financial Accounts and the Annual Report. The Members raised questions/made observations relating to the Annual Accounts and the Annual Report. The Management responded to the queries raised by the Members.

The Chairperson informed the Members that the results of the voting would be announced on receipt of the Scrutinizer’s Report, within 2 working days of conclusion of the meeting to the Stock Exchanges and would be made available on the website of the Company.

The Meeting concluded at 12:56 p.m. The Members who had not completed voting earlier and intended to do so were given 30 minutes to complete the e-voting on NSDL portal. The e-voting portal closed at 1:26 p.m.

For Gillette India Limited

FLAVIA Digitally signed by FLAVIA PETER PETER MACHADO Date: 2024.12.03 MACHADO 15:01:05 +05'30' Flavia Machado Company Secretary

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Gillette India Ltd. 40[th] Annual General Meeting 3 December 2024

FISCAL RESULTS 2023-24

DELIVERED A STRONG YEAR

FY 2023-24

Strong operational results despite a challenging macro environment, while maintaining share leadership

+ + 6% 16% SALES PAT _excl. OTI_ Strong Growth across Significant both Portfolios Operational Progress*

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*OTI – One Time Impacts

LONG TERM TRENDS

SUPERIOR AND SUSTAINED EXECUTION OVER P10Y

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Note: 1) Basis Published results; 2) Net Sales refers to revenue from operations; 3) PAT Excluding OCI; 4) ROE = PAT/ Avg. Equity

SUPERIOR AND SUSTAINED EXECUTION OVER P10Y

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Net Sales (INR Cr.)
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2,633
1,750
1314 1516 1718 1920 2122 2324
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PAT (INR Cr.)
412
51
1314 1516 1718 1920 2122 2324
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Note: 1) Basis Published results; 2) Net Sales refers to revenue from operations; 3) PAT Excluding OCI; 4) PAT – Profit After Tax; OCI – Other Comprehensive Income

CREATING SIGNIFICANT SHAREHOLDER VALUE

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excl. OTI
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CAGR: Stock Price over Past 10 Years

Consistent Dividend Payout Record

Source: NSE; Screener.in

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INTEGRATED GROWTH STRATEGY WELL-POSITIONED FOR THE FUTURE

PORTFOLIO PERFORMANCE DRIVES BRAND CHOICE

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SUPERIORITY TO WIN WITH CONSUMERS

ORGANIZATION EMPOWERED • AGILE ACCOUNTABLE

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CONSTRUCTIVE DISRUPTION ACROSS OUR BUSINESS

PRODUCTIVITY TO FUEL INVESTMENTS

PORTFOLIO PERFORMANCE DRIVES BRAND CHOICE

PORTFOLIO Grooming

SHAVE SAFE AND PREPS EFFICIENT

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FEMALE GROOMING

ELECTRIC GROOMING

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COMFORTABLE SHAVE

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STYLE, SHAPE AND EDGE

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PORTFOLIO Oral Care

DEEP CLEAN

POWER CARE

SENSITIVE

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KIDS

BASE CLEAN

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SUPERIORITY TO WIN WITH CONSUMERS

SUPERIORITY TO WIN WITH CONSUMERS

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PRODUCT PACKAGING COMMUNICATION RETAIL CONSUMER & EXECUTION CUSTOMER VALUE

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PRODUCT

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PACKAGING

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Audio visual on Gillette Guard playing
COMMUNICATION
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Audio visual on Oral B Criss Cross playing
COMMUNICATION
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CONSTRUCTIVE DISRUPTION ACROSS THE BUSINESS

CONSTRUCTIVE DISRUPTION ACROSS THE BUSINESS

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Supply Chain
3.0
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AI based
Quality Control
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Leveraging AI Technology for RealTime Manufacturing Quality Control

Leveraging Seamless Data, Analytics and Automation to Optimize our Supply Chain

Driving Consumer Trials Relevant consumer touchpoints to induce trials and drive category growth

PRODUCTIVITY TO FUEL INVESTMENTS

PRODUCTIVITY INTEGRATED INTO THE STRATEGY

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AD SPEND & WORKING
MATERIALS MANUFACTURING OVERHEAD
PROMOTION CAPITAL
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INR 45 crores productivity savings delivered for FY 23/24

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ORGANIZATION EMPOWERED • AGILE ACCOUNTABLE

BALANCING THE NEEDS OF ALL STAKEHOLDERS

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Since 2005 Unique Programs 17 Impacting Children 45+ Lakh

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OUR FOCUS AREAS

1

Improving Learning Outcomes

2

Enhancing Learning Environment Empowering Marginalized Communities

3

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24
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PORTFOLIO

INTEGRATED GROWTH STRATEGY WELL-POSITIONED FOR THE FUTURE

PERFORMANCE DRIVES BRAND CHOICE

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SUPERIORITY TO WIN WITH CONSUMERS

ORGANIZATION EMPOWERED • AGILE ACCOUNTABLE

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CONSTRUCTIVE DISRUPTION ACROSS OUR BUSINESS

PRODUCTIVITY TO FUEL INVESTMENTS

THANK YOU

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