ITC Ltd — Board/Management Information 2021

Aug 11, 2021

Virginia House 37 J. L. Nehru Road Kolkata 700 071, India Tel. : 91 33 2288 9371 Enduring Value Fax : 91 33 2288 4016/1256 I 2259 /2260

111 hAugust, 2021

The Manager Listing Department National Stock Exchange of India Ltd. Exchange Plaza, Plot No. C-1, G Block Bandra-Kurla Complex, Bandra (East) Mumbai 400 051

The General Manager Dept. of Corporate Services BSE Ltd. P. J. Towers Dalal Street Mumbai 400 001

The Secretary The Calcutta Stock Exchange Ltd. 7, Lyons Range Kolkata 700 001

Dear Sirs,

Appointment of Directors - Messrs. S. Mukherjee, N. Doda and S. Panray

Further to our letter dated 1st June, 2021, we write to advise that the Members of the Company at the 11 Oth Annual General Meeting (AGM) held today, i.e. 111 h August, 2021, appointed Mr. Shyamal Mukherjee as a Director and also as an Independent Director of the Company for a period of five years with effect from the date of the AGM.

We further advise that the Board of Directors at the meeting held today, i.e. 11 1 h August, 2021, appointed Messrs. Navneet Doda and Sunil Panray as Additional Non-Executive Directors of the Company with effect from the said date, representing General Insurers' (Public Sector) Association of India and Tobacco Manufacturers (India) Limited (a subsidiary of British American Tobacco p.l.c.), respectively.

To the best of our knowledge and information and as confirmed by Messrs. Mukherjee, Doda and Panray, they have not been debarred from holding the office of Director by virtue of an order of the SEBI or any other authority.

Brief profiles and other details of Messrs. Mukherjee, Doda and Panray as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Circular dated 91 h September, 2015, are given in Annexures 1, 2 and 3, respectively.

ghi) Executi Vice President & Company Secretary

Encl: as above

• cc: Securities Exchange Commission Division of Corporate Finance Office of International Corporate Finance Mail Stop 3-9 450 Fifth Street Washington DC 20549 U.S.A.
• cc: Societe de Ia Bourse de Luxembourg 35A Boulevard Joseph II L-1840 Luxembourg

Annexure 1

Sl.No.	Particulars	Disclosures
1.	Reason for change	Appointment
2.	Date and term ofappointment	Appointed as a Director and also as an Independent Director ofthe Company for a period of five years with effect from the dateof the 11 Oth Annual General Meeting of the Company, i.e.11th August, 2021.
3.	Brief Profile	Mr. Shyamal Mukherjee (61), DIN: 03024803, is the formerChairman and Senior Partner of PricewaterhouseCoopers(PwC) in India. He is a qualified Chartered Accountant and alsoholds Degrees of Bachelor of Commerce and Law from DelhiUniversity.
		With more than 37 years of experience, Mr. Mukherjee startedhis professional journey with PwC in 1984 and became a Partnerin 1993. Along the way, he assumed several leadership roles,including PwC India's Brand & Strategy Leader and Leader ofPwC India's Tax practice. As PwC's Chairman, he was at theforefront of making it a more future-ready firm, investing in andstrengthening the firm's key capabilities across its people,go-to-market initiatives and internal transformation. He has beenknown for building a culture that is value-driven and encouragesinnovation & robust governance.
4.	Disclosure ofrelationships betweenDirectors	None

Annexure2

Sl.No.	Particulars	Disclosures
1.	Reason for change	Appointment
2.	Date and term ofappointment	Appointed as an Additional Non-Executive Director of theCompany with effect from 11th August, 2021 to hold office till theconclusion of the next Annual General Meeting of the Company.
3.	Brief Profile	Mr. Navneet Doda (58), DIN: 09033035, is the General Managerand Wholetime Director of National Insurance Company Limitedsince 181h January, 2021. He holds Bachelor Degrees inCommerce and Law and is also an MBA, Associate Member ofthe Institute of Chartered Accountants of India and a FellowMember of the Insurance Institute of India.
		Presently, Mr. Doda looks after various portfolios in NationalInsurance viz., Underwriting, Accounts, Finance & Taxation,Investment Accounts, Compliance with anti-money launderingandcombatingfinancingof terrorismrelatedprovisions,Solvency Margin & Credit Ratings, Actuarial Relations, FundsManagement, Board & Secretarial matters, Advertisement &Publicity and Corporate Social Responsibility. Prior to joiningNationalInsurance,hewastheGeneralManagerofThe Oriental Insurance Company Limited.
4.	Disclosure ofrelationships betweenDirectors	None

Annexure 3

Sl.No.	Particulars	Disclosures
1.	Reason for change	Appointment
2.	Date and term ofappointment	Appointed as an Additional Non-Executive Director of theCompany with effect from 11th August, 2021 to hold office till theconclusion of the next Annual General Meeting of the Company.
3.	Brief Profile	Mr. Sunil Panray (63}, DIN: 09251023, is a retired executive andholds Degrees of Bachelor in Commerce and Masters inBusiness Administration from the Concordia University inMontreal, Canada.
		Mr. Panray started his professional journey as a Senior Auditorand Financial Consultant with Raymond Chabot Grant Thornton,Canada,andhasheldseniorleadershippositionsinlmascolimited,ImperialTobacco,Canada,andBritish American Tobacco p.l.c., UK. He has also served as theVice-President Finance and Treasurer of Canadian NationalRailway Company, the largest transcontinental public railway Itransportation company in Canada, from 2012 to 2016. Duringhis professional career, he has played key leadership roles incomplex business and regulatory environments.
4.	Disclosure ofrelationships betweenDirectors	None