ITC Ltd — Capital/Financing Update 2022

Oct 28, 2022

==> picture [58 x 70] intentionally omitted <==

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

28[th] October, 2022

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 The Secretary Dept. of Corporate Services The Calcutta Stock BSE Ltd. Exchange Ltd. P. J. Towers 7, Lyons Range Dalal Street Kolkata 700 001 Mumbai 400 001

Dear Sirs,

Acquisition of Compulsorily Convertible Preference Shares of Mother Sparsh Baby Care Private Limited (‘Mother Sparsh’)

Further to our letter dated 18[th] October, 2022, we write to advise, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that the Company has acquired on 27[th] October, 2022, 1,000 Compulsorily Convertible Preference Shares of 10/- each of Mother Sparsh.

With the aforesaid acquisition, the Company’s shareholding in Mother Sparsh aggregates 22% of its share capital on a fully diluted basis.

Yours faithfully, ITC Limited

RAJENDRA Digitally signed by RAJENDRA KUMAR KUMAR SINGHI SINGHI Date: 2022.10.28 10:50:11 +05'30'

(R. K. Singhi) Executive Vice President & Company Secretary

FMCG  HOTELS  PAPERBOARDS & PACKAGING  AGRI-BUSINESS  INFORMATION TECHNOLOGY Visit us at www.itcportal.com  Corporate Identity Number : L16005WB1910PLC001985  e-mail : enduringvalue@itc.in

==> picture [43 x 52] intentionally omitted <==

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 la Bourse de Luxembourg 35A Boulevard Joseph II L-1840 Luxembourg