Hindalco Industries Ltd. — Share Issue/Capital Change 2021

Jul 8, 2021

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Date: 08[th] July, 2021 C/R No. : 02/2021-2022 The Committee of Directors Hindalco Industries Limited

Dear Sir,

Sub : Allotment of 2,756 Equity Shares of the Company of the face value of Re.1/- each pursuant to Employee Stock Option Scheme –2013 (“ESOS 2013”).

As you are aware that at the Board Meeting held on 28[th] July, 2008, 28th May, 2013 and 14[th] August, 2014 authorised the Committee to allot equity shares arising out of exercise of stock options by eligible employees of the Company.

We have received the request from employees of the Company for exercising 2,756 options for allotment of Equity Shares. The statement giving details of such employee is attached herewith.

The exercise price of 2,756 equity shares of Rs. 119.45/- each, were paid by the employees to the Company.

The Directors are requested to consider the enclosed Circular Resolution and approve the same, with or without modification.

Pursuant to the legal requirements enunciated by the Secretarial Standard 1, you are requested to note the following:-

• 1) You are requested to signify your assent / dissent on the resolutions latest by 14[th] July, 2021 (within 7 days of issuing the Circular Resolutions).

• 2) The Resolutions shall deemed to have been passed on the last date specified (14[th] July, 2021) or on the date on which assent from more than two - third of Directors have been received whichever is earlier.

• 3) Member can also signify their assent / dissent by email.

• 4) In case a member does not respond on or before the last date specified for signifying assent / dissent (14[th] July, 2021) it shall be presumed that the Director has abstained from the voting

Yours faithfully, For Hindalco Industries Limited

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ANIL MALIK Company Secretary

Encl: Circular Resolution

Hindalco Industries Limited.

6[th] & 7[th] Floor, Birla Centurion, Pandurang Budhkar Marg, Worli, Mumbai – 400030, India T:+91 22 66626666/62610555 | F:+912262610400/62610500 | W: www.hindalco.com Registered Office : Ahura Centre, 1[st] Floor, B wing, Mahakali Caves Road, Andheri (East), Mumbai – 400093, India

Corporate ID No: L27020MH1958PLC011238

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CIRCULAR RESOLUTION DATED: 08[th ] July, 2021

Based on the above Committee is now requested to consider, and if thought fit, pass the following resolution:-

Allotment of 2,756 Equity Shares of the Company of the face value of Re.1/- each pursuant to Employee Stock Option Scheme –2013.

RESOLVED THAT that in terms of the authority by the Board of Directors given in the Meeting held on 28th July, 2008, 28[th] May, 2013 and 14th August, 2014 , 2,756 Equity Shares of Re.1/each of the Company issued at Premium of Rs. 118.45 per share be and are hereby allotted to the employees of the Company who has exercised the options as detailed in the statement placed before the Committee and initialed by the Company Secretary, for the purpose of identification.

RESOLVED FURTHER THAT the share certificate for the said equity shares be issued in physical form under the Common Seal of the Company in conformity with the relevant provision of Articles of Association of the Company and Companies Act, 2013 and the Rules made there under and that any one of the Officers of the Company, viz

1. Mr. Anil Malik

2. Mr. Shrikant Turalkar

3. Mr. N. Kanchan

4. Mr. Mahesh Bhomia

5. Ms. Sunita Narayan

6. Mr. Gaurav Siddhapura

7. Mr. Preyansh Vyas

be and are hereby authorized severally to sign the share certificate relating to the aforesaid equity shares, as Authorised Signatory, in addition to the signatures of any two of the Directors of the Company, which will be affixed to the share certificates, as per the Companies (Share Capital & Debentures), Rules, 2014.

FURTHER RESOLVED that applications to be made to NSDL/ CDSL for admission of allotted shares in demat form and Mr. Anil Malik: Company Secretary, Mr. Shrikant Turalkar: Asst. Company Secretary, Mr. N. Kanchan: Sr. Manager, Ms. Sunita Narayan: Asst. General Manager and Mr. Mahesh Bhomia: Asst. Manager (Shares). Mr. Gaurav Siddhapura, Asst. Manager, Mr Preyansh Vyas : Assistant Manager be and are hereby authorized severally to do all acts, deeds and things incidental thereto including signing of relevant documents with NSDL & CDSL and authorize credit to the allottees in their depository accounts of the requisite number of equity shares so allotted.

RESOLVED FURTHER that these shares are pari passu in all respect including payment of dividend with the existing shares of the Company

FURTHER RESOLVED that the names of the allottees holding shares in physical form be entered into the Register of Members of the Company.

FURTHER RESOLVED that the aforesaid equity shares be listed on the BSE Limited and the National Stock Exchange of India Limited and Mr. Anil Malik : Company Secretary, Mr. Shrikant Turalkar : Asst. Company Secretary, Ms. Sunita Narayan: Asst. General Manager, Mr. Gaurav Siddhapura : Asst. Manager, Mr. Preyansh Vyas : Assistant Manager are severally authorized to do all necessary acts, things etc including signing of necessary documents, forms, undertaking etc in connection with listing of the shares so allotted and to file the return of allotment with Registrar of Companies, Mumbai pursuant to Section 39 of the Companies Act, 2013 and the rules made there under.

Hindalco Industries Limited.

6[th] & 7[th] Floor, Birla Centurion, Pandurang Budhkar Marg, Worli, Mumbai – 400030, India T:+91 22 66626666/62610555 | F:+912262610400/62610500 | W: www.hindalco.com Registered Office : Ahura Centre, 1[st] Floor, B wing, Mahakali Caves Road, Andheri (East), Mumbai – 400093, India

Corporate ID No: L27020MH1958PLC011238

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CIRCULAR RESOLUTION DATED: 08[th ] July, 2021

Sr. No	Name of Directors	I hereby Assent/ Dissent (Please tick() in the relevant box)	I hereby Assent/ Dissent (Please tick() in the relevant box)	Signature & Date
		Assent	Dissent
1	Mr. A.K. Agarwala
2	Mr. D. Bhattacharya
3	Mr. Satish Pai

FOR HINDALCO INDUSTRIES LIMITED

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ANIL MALIK COMPANY SECRETARY

Hindalco Industries Limited.

6[th] & 7[th] Floor, Birla Centurion, Pandurang Budhkar Marg, Worli, Mumbai – 400030, India T:+91 22 66626666/62610555 | F:+912262610400/62610500 | W: www.hindalco.com Registered Office : Ahura Centre, 1[st] Floor, B wing, Mahakali Caves Road, Andheri (East), Mumbai – 400093, India

Corporate ID No: L27020MH1958PLC011238

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ALLOTMENT DATE: 08[th] July, 2021

LIST OF THE ALLOTTEES

SR. NO	NAME OF THE EMPLOYEE	OPTIONS AT RS. 119.45/-	OPTION SCHEME
1.	Sokkuraj Kanakanand	2756	Employee Stock Option -2013

For HINDALCO INDUSTRIES LIMITED

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ANIL MALIK COMPANY SECRETARY

Hindalco Industries Limited.

6[th] & 7[th] Floor, Birla Centurion, Pandurang Budhkar Marg, Worli, Mumbai – 400030, India T:+91 22 66626666/62610555 | F:+912262610400/62610500 | W: www.hindalco.com Registered Office : Ahura Centre, 1[st] Floor, B wing, Mahakali Caves Road, Andheri (East), Mumbai – 400093, India

Corporate ID No: L27020MH1958PLC011238