STRIDES PHARMA SCIENCE LIMITED — Capital/Financing Update 2022

Jul 29, 2022

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July 29, 2022

BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra-Kurla Complex Dalal Street, Mumbai – 400 001 Bandra (E) Mumbai - 400 051 Scrip code: 532531 Scrip code: STAR

Dear Madam/ Sirs,

Sub: Grant of Options under Strides ESOP Plan 2016

Pursuant to the recommendation of Nomination and Remuneration Committee, the Board of Directors of the Company in their meeting held today i.e., July 29, 2022, has granted 30,000 stock options to eligible employees under the Strides ESOP Plan 2016 at Rs. 251/- per option (exercise price). The shares covered by such options are 30,000 equity shares.

The vesting period of these options are in a phased manner over a period of 3 years. The options are exercisable within a period of 12 months (exercisable in not more than two tranches) from the date of vesting.

Thanks & Regards,

For Strides Pharma Science Limited,

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Manjula R Company Secretary

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