Mahindra Lifespace Developers Ltd. — Board/Management Information 2022

May 13, 2022

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May 13, 2022

BSE Limited	National Stock Exchange of India Limited
Corporate Services,	Exchange Plaza,
Piroze Jeejeebhoy Towers,	Bandra Kurla Complex,
Dalal Street, Mumbai – 400 001	Bandra (East), Mumbai 400051
Listing:http://listing.bseindia.com	Listing:https://www.connect2nse.com/LISTING/

Re:

Re:
Security	BSE	NSE	ISIN
Equity Shares	532313	MAHLIFE	INE813A01018

Sub: Appointment of Non-Executive Non-Independent Director

Pursuant to the provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015 ["SEBI LODR"], we wish to inform you that, basis the recommendation of the Nomination and Remuneration Committee, the Board of Directors at its meeting held today, May 13, 2022, inter-alia, approved appointment of Mrs. Asha Kharga (DIN: 08473580), as an Additional Director in the category of Non-Executive Non-Independent Director effective May 13, 2022.

The relevant details pertaining to appointment of Mrs. Asha Kharga pursuant to Regulation 30 of the SEBI LODR read with SEBI circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015 is enclosed as Annexure A .

Further, as per BSE and NSE circular dated June 28, 2018, it is affirmed that Mrs. Asha Kharga who is appointed as an Additional Director in the category of Non-Executive Non-Independent Director effective May 13, 2022, is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.

The said intimation will be available on the website of Stock Exchanges and on the website of the Company at https://www.mahindralifespaces.com.

For Mahindra Lifespace Developers Limited

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Ankit Shah Assistant Company Secretary & Compliance Officer ACS 26552

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Annexure A

Reason for Change - Appointment	Appointment of Mrs. Asha Kharga, as anAdditional Director in the category of Non-ExecutiveNon-IndependentDirectoreffective May13, 2022.
Date of appointment and term of appointment	Appointment effective from May 13, 2022.She will be liable to retire byrotation.
Brief Profile	Mrs. Asha Kahrga, aged 48 years, an MBAin Marketing, is Chief Customer & BrandOfficer for the Mumbai based MahindraGroup. Her broad business experienceacross large organisations and her track-record in driving change at scale, is criticalto lead the transformation of Mahindra intoa future-fit, purpose-led organisation at theleading edge of customer experience. Sheis on the Group Executive Board and as apart of her larger mandate overseesCorporate Communications, the StrategicDigital Intelligence Cell and MahindraRacing. She is also responsible forMahindra’s Customer Data Platform – thelargest repository of the entire Groups’customer data that offers cutting-edgecustomer analytics to drive businessimpact for Group Companies. She alsoserves on the Boards of many Groupentities, listed & unlisted, domestic &international.Mrs. Kharga has 25 years of richexperience that spans FMCG, financialservices and advertising. Before joiningM&M Group, she was Executive Vice-President and Group Chief MarketingOfficer for the Axis Bank and itssubsidiaries. Before Axis Bank, she waswith Unilever for almost a decade in a

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variety of brand and marketing roles. Sheis seasoned in building trusted brands thatinclude new category adoption as well asdriving exponential growth on largebrands. She led the consumer & customercentricity agenda at HUL and launchedUnilever’s sustainability living plan in India.Her last role in Hindustan Unilever Ltd.was as Marketing Director of the 600 mlneuros (2016 figures) tea business forSouth Asia.During her overall work experience of over25 years, she has worked with leadingadvertising agencies that include LeoBurnett, J Walter Thompson and TBWA,and has worked on brands like Lux, Close-Up, Tide, Mattel Toys, Nivea, Samsonite,Sony Entertainment Television, Frooti, andSwissair amongst a host of others.Externally, she has been recognised asIndia’s Top 20 Most Influential Women inMarketing & Advertising, by BusinessWorld.

Disclosure of Relationship between Directors

Mrs. Kharga is not related to any of theotherDirectorsorKeyManagerialPersonnel of the Company

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