Marico Limited — Interim / Quarterly Report 2021

May 28, 2021

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May 28, 2021

The Secretary, The Manager, Listing Department, Listing Department, BSE Limited, National Stock Exchange of India Limited, 1st Floor, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1 Block G, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 531642 Scrip Symbol: MARICO

Sub.: Submission of half‐yearly disclosure on Related Party Transactions as per Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 (“the SEBI LODR Regulations”)

Dear Sir / Madam,

Pursuant to the Regulation 23(9) of the SEBI LODR Regulations, enclosed herewith is the half‐yearly disclosure on Related Party Transactions, on consolidated basis prepared in accordance with the applicable accounting standards, for the half year ended March 31, 2021.

This disclosure will also be made available on the website of the Company and can be accessed using the link https://marico.com/india/investors/documentation/shareholder-info.

Kindly take the same on records.

Thank you.

Yours faithfully,

For Marico Limited

BONY Digitally signed by BONY PRASHANT PRASHANT RAI Date: 2021.05.28 RAI 12:05:16 +05'30'

Bony Rai Assistant Company Secretary

Encl.: A/a

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DISCLOSURE OF RELATED PARTY TRANSACTIONS FOR HALF YEAR ENDED MARCH 31, 2021 - ON CONSOLIDATED BASIS

(In accordance with Regulation 23 (9) of the SEBI (Listing Obligations and Disclosure Requirements) (Amendments) Regulations, 2018) As per AS-18, Related Party Disclosure, the Group's related parties are disclosed below:

• I Name of related parties and nature of relationship:

• (a) Subsidiaries - Not consolidated Marico Innovation Foundation Parachute Kalpavriksha Foundation

• (b) Key management personnel (KMP): Mr. Harsh Mariwala, Chairman and Non Executive Director Mr. Saugata Gupta, Managing Director and CEO Mr. Ananth Sankaranarayanan, Independent Director Mr. B.S. Nagesh, Independent Director Ms. Hema Ravichandar, Independent Director Mr. Nikhil Khattau, Independent Director Mr. Rajen Mariwala, Non Executive Director Mr. K.B.S. Anand, Independent Director Mr. Sanjay Dube, Independent Director Mr. Rishabh Mariwala, Non Executive Director Mr. Pawan Agarwal, Chief Financial Officer

• Ms. Hemangi Ghag, Company Secretary & Compliance Officer

• (c) Individual holding directly / indirectly an interest in voting power & their relatives (where transactions have taken place) - Significant Influence: Mr. Harsh Mariwala, Chairman & Non Executive Director Mr. Rajen Mariwala, Non Executive Director

Mr. Rishabh Mariwala, son of Mr. Harsh Mariwala and Non Executive Director

(d) Post employment benefit controlled trust Marico Limited Employees Provident Fund Marico Limited Employees Gratuity Fund Marico Limited Pension Scheme (e) Others - Entities in which above (b) and (c) has significant influence and transactions have taken place: Aqua Centric Private Limited Ascent India Foundation Aaidea Solutions Private Limited Kaya Limited Mariwala Health Foundation Soap Opera Bright Lifecare Private Limited The Bombay Oil Private Limited Sharrp Consumer Wellbeing Solutions Private Limited (formerly known as Indian School of Communications Private Limited) Harsh Mariwala Enterprises LLP

II Transactions with related parties The following transactions occurred with related parties:

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----- Start of picture text ----- Key management personnel compensation Rs in crsHalf year ended 31stParticulars March, 2021Employee share-based payment 0Short-term employee benefits 4Post-employment benefits 0Total compensation 5Professional charges paid to Chairman and Non Executive Director 1Remuneration / sitting fees to Non-Executive Directors 2----- End of picture text -----

i. Provision for contribution to gratuity fund, leave encashment on retirement and other defined benefits which are made based on actuarial valuation on an overall Company basis are not included in remuneration to key management personnel.

ii. Also ESOP & STAR grant accrued annually are included in the KMP's remuneration in the year in which the same are exercised.

Contribution to post employment benefit controlled trust

Contribution to post employment benefit controlled trust
	Rs in crs
Particulars	Half year ended 31stMarch, 2021
Marico Limited Employees Provident Fund	15
Total	15

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----- Start of picture text ----- Rs in crsHalf year ended 31st March, 2021ParticularsSubsidiaries not Othersconsolidated (Referred in (Referred in I (e)I (a) above) above)Expenses paid on behalf of related parties - 0Kaya Limited - 0Others - 0Sale of goods - 1Aaidea Solutions Private Limited - 1Lease Rental Income - 0Kaya Limited - 0Harsh Mariwala Enterprises LLP - 0Others - 0Donation Given / CSR Activities 4 -Marico Innovation Foundation 0 -Parachute Kalpavriksha Foundation 4 -Royalty expense - 0Kaya Limited - 0Purchase of goods - 1Kaya Limited - 0Soap Opera - 1Reimbursement of Expense - 0Soap Opera - 0Advertising Expense - 0Bright Lifecare Private Limited - 0----- End of picture text -----

Terms and conditions of transaction with related parties

All the transactions are at arms length and in normal course of business.

Note: Nil values are shown by using “-“ and “0” is used where the value after being rounded off is less than Rs. 0.5 crore