STRIDES PHARMA SCIENCE LIMITED — Share Issue/Capital Change 2022

May 24, 2022

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May 24, 2022

BSE Limited

Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip code: 532531

The National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex Bandra (E) Mumbai - 400 051 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., May 24, 2022 has granted 3,50,000 stock options to eligible employees under the Strides ESOP Plan 2016 at Rs. 231/- per option (exercise price). The shares covered by such options are 3,50,000 equity shares.

The vesting period of these options is 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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