Muthoot Microfin Limited — Board/Management Information 2024

Dec 19, 2024

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December 19, 2024

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001

Scrip Code: 544055

National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai – 400 051 Scrip Code: MUTHOOTMF

Dear Sir/Madam,

– Sub: Outcome of the Board Meeting held on December 19, 2024 Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”)

Pursuant to Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we hereby inform the below mentioned changes in Board of Directors to be in compliance with RBI approval received by the Company pursuant to Para 97 of Master Direction – Reserve Bank of India (Non-Banking Financial Company – Scale Based Regulation) Directions, 2023. It is hereby intimated that the Board of Directors at its meeting held on December 19, 2024, has considered and approved, inter alia, the following business(es):

1. Resignation of Mr. Thomas John Muthoot (DIN: 00011618), Non-Executive Director of the Company effective from December 19, 2024.

2. Redesignation of Mr. Thomas Muthoot (DIN: 00082099) from the position of Managing Director and to continue in the Board as Non-Executive Non-Independent Director of the Company.

3. Appointment of Mr. Thomas Muthoot John (DIN: 07557585) as the Executive Director of the Company for a period of five years subject to the approval of the members in the ensuing Meeting of members of the Company.

4. Authorise company officials to issue Postal Ballot Notice with respect to ensuing meeting of members of the Company.

Pursuant to the directions dated 14 June 2018 issued by SEBI to the stock exchanges read with Circulars dated 20 June 2018 issued by the stock exchanges & based on the declarations received, it is hereby confirm that Mr. Thomas Muthoot John is not debarred from holding the Office of Director by virtue of any order passed by SEBI or any other such authority and therefore, he is not disqualified to be appointed as a Director.

The details required in terms of Regulation 30 read with Schedule III - Part A of the Listing Regulations and SEBI Circulars issued in this regard, are given in Annexure I.

The meeting of the board of directors commenced at 06.30 PM and concluded at 7.30 P.M.

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Kindly take the same on records.

Thanking you, Yours faithfully,

For Muthoot Microfin Limited

NEETHU AJAY

Digitally signed by NEETHU AJAY Date: 2024.12.19 20:07:30 +05'30'

Neethu Ajay, Chief Compliance Officer and Company Secretary Membership No: A34822

Annexure I

- Details as required under Regulation 30 Part A of Para A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

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Mr. Thomas John Muthoot Mr. Thomas Muthoot John Mr. Thomas Muthoot (DIN:
(DIN: 00011618) (DIN: 07557585) 00082099)
Reason for Change Resignation Non-Executive Appointment as Whole time Redesignation from the
viz. Appointment, Director of the Company Director position of Managing Director
Resignation, removal, to Non-Executive Director
death or otherwise
Date of Appointment/ Effective from December 19, With effect from December 19, Effective from December 19,
Cessation (as 2024 2024, for a period of 5 years, 2024
applicable) & term of subject to the approval of the
Appointment shareholders.
Brief Profile Not Applicable Mr. Thomas Muthoot John is Thomas Muthoot is one of the
an ex- Non-Executive Director Promoters Director of the
of the Company. He was Company. He holds a bachelor
previously associated with the of law degree from University
company from December 2016 of Kerala. He is on the board of
to March 2023. He holds an directors of several companies
Economics degree from Loyola including Muthoot Capital
College, Chennai, Services Limited, Muthoot
Master’s degree in Fincorp Limited, Muthoot
Entrepreneurship and Housing Finance Company
Management from HEC Paris Limited and Muthoot Hotels
and Certifications from Private Limited. He has over 38
Harvard Business School and years of experience in the field
ISB. He has an experience of of financial services.
over 11 years in the field of
financial services.
Disclosure of Not Applicable Nephew of Mr. Thomas Brother of Mr. Thomas George
relationships between Muthoot and Mr. Thomas Muthoot & Mr. Thomas John
directors George Muthoot Muthoot and Paternal Uncle of
Son of Mr. Thomas John Mr. Thomas Muthoot John
Muthoot, Ex-Director
Resignation Letter As Enclosed Not Applicable Not Applicable
Affirmation Not Applicable It is hereby confirm that Mr. Not Applicable
pertaining to non- Thomas Muthoot John is not
debarment from debarred from holding the
holding the office of Office of Director by virtue of
Directors by virtue of any order passed by SEBI or
any SEBI order or any other such authority and
any other such therefore, he is not disqualified
authority to be appointed as a Director
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16.12.2024

From, Mr. Thomas John Muthoot TC 4/1008(1), Kowdiar P.O, Trivandrum, Kerala-695003, India

To The Board of Directors Muthoot Microfin Limited 13[th ] Floor, Parinee Crescenzo, Bandra Kurla Complex, Bandra East Mumbai 400051

Dear Sir,

- Subject: Resignation fom the position of Non Executive Director of the Company

As part of the ongoing restructuring of the various boards within the parent company and its subsidiaries, I regret to inform you that I am unable to continue serving as a Non-Executive Director of Muthoot Microfin Limited due to time con traints. Therefore, I am writing to formally resign from my position, effective December 19, 2024.

This decision is solely based on my inability to commit the necessary tin1e and dedication required for this role.

I want to express my deepest gratitude for the trust, support, and opportunities you have provided me during my tenure as a Non-Executive Director. It has been an honour to contribute to the growth and succe�s of Muthoot Microfin Limited.

I assure you that there are no other material reasons for my resignation beyond those stated above.

Thank you once again for everything. I wish the company continued success in all its endeavours.

YomrI:u Thomaslo�

DIN: 00011618