ITC Ltd — Capital/Financing Update 2022

Dec 7, 2022

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7[th] December, 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 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,

Acquisition of Compulsorily Convertible Preference Shares of Delectable Technologies Private Limited (‘Delectable’)

Further to our letter dated 13[th] November, 2019, we write to advise, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that the Company has acquired on 6[th] December, 2022, in the fourth tranche, 1,967 Compulsorily Convertible Preference Shares of ` 10/- each of Delectable.

With the aforesaid acquisition, the Company’s shareholding in Delectable aggregates 33.42% of its share capital on a fully diluted basis.

Yours faithfully, ITC Limited

RAJENDRA Digitally signed by RAJENDRA KUMAR KUMAR SINGHI SINGHI Date: 2022.12.07 12:11:05 +05'30'

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

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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