The Phoenix Mills Ltd. — Board/Management Information 2021

May 27, 2021

Corp. Office: Shree Laxmi Woolen Mills Estate, 2nd Floor, R.R. Hosiery, Off Dr. E. Moses Rd. Mahalaxmi, Mumbai - 400 011 Tel: (022) 3001 6600 Fax : (022) 3001 6601 CIN No. : L17100MH1905PLC000200

May 28, 2021

BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Dalal Street, Fort, Bandra‐Kurla Complex, Bandra East, Mumbai‐ 400 001 Mumbai‐ 400051 Security code: 503100 Symbol: PHOENIXLTD

Dear Sir(s),

Sub: Intimation under regulation 30 read with Schedule III Part A Para A (7) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir(s),

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform you that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors at their meeting held today i.e. May 27, 2021 approved the following:

1. Re‐appointment of Mr. Shishir Shrivastava (DIN: 01266095) as the Managing Director of the Company for a further period of five years with effect from July 30, 2021 to July 29, 2026;

2. Appointment of Mr. Rajesh Kulkarni (DIN: 03134336) as a Whole time Director of the Company for a period of 5 years with effect from May 27, 2021 to May 26, 2026

The aforesaid appointment/re‐appointment is subject to approval of members at ensuing Annual General Meeting of the Company.

Further, as required pursuant to BSE Circular with ref. no. LIST/ COMP/ 14/ 2018‐19 and the National Stock Exchange of India Ltd Circular with ref. no. NSE/ CML/ 2018/ 24, dated 20[th] June, 2018 and based on the declarations received from the Directors, we wish to confirm that Mr. Shishir Shrivastava and Mr. Rajesh Kulkarni have not been debarred from holding the office of Director by virtue of any SEBI order or any other such authority.

The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015 are attached as Annexure A to this letter.

Regd. Office : The Phoenix Mills Ltd., 462 Senapati Bapat Marg, Lower Parel, Mumbai 400 013. Tel : (022) 2496 4307 / 8 / 9 Fax : (022) 2493 8388 E-mail : info@thephoenixmills.com www.thephoenixmills.com

Corp. Office: Shree Laxmi Woolen Mills Estate, 2nd Floor, R.R. Hosiery, Off Dr. E. Moses Rd. Mahalaxmi, Mumbai - 400 011 Tel: (022) 3001 6600 Fax : (022) 3001 6601 CIN No. : L17100MH1905PLC000200

This intimation is also uploaded on the Company’s website: http://www.thephoenixmills.com.

You are requested to take the aforesaid information on record.

Thanking you,

Yours Faithfully,

For The Phoenix Mills Limited Gajendra Digitally signed by Gajendra Mewara Mewara Date: 2021.05.28 00:03:08 +05'30' Gajendra Mewara Company Secretary

Regd. Office : The Phoenix Mills Ltd., 462 Senapati Bapat Marg, Lower Parel, Mumbai 400 013. Tel : (022) 2496 4307 / 8 / 9 Fax : (022) 2493 8388 E-mail : info@thephoenixmills.com www.thephoenixmills.com

Corp. Office: Shree Laxmi Woolen Mills Estate, 2nd Floor, R.R. Hosiery, Off Dr. E. Moses Rd. Mahalaxmi, Mumbai - 400 011 Tel: (022) 3001 6600 Fax : (022) 3001 6601 CIN No. : L17100MH1905PLC000200

Annexure A

Re‐appointment of Mr. Shishir Shrivastava as the Managing Director

Sr.No.	Details of Events required to bedisclosed		Disclosure
a.	Name of the Director		Mr. Shishir Shrivastava (DIN : 01266095)
b.	Reason for Change viz. Re‐appointment		The Board of Directors at their meeting held on27thMay, 2021, approved the re‐appointment ofMr. Shishir Shrivastava as the Managing Directorof the Company pursuant to end of his currentterm for a further period of five (5) years witheffect from July 30, 2021 to July 29, 2026 (bothdays inclusive). This re‐appointment is subject toapproval of shareholders at the ensuing AnnualGeneral Meetingof the Company.
c.	Date of appointment & term ofappointment		Date of Re‐appointment – with effect from July30, 2021Period of five (5) years commencing from July 30,2021 to July 29, 2026He would be liable to retire byrotation.
d.	Brief profile		Qualification:Mr. Shishir Shrivastava graduated from IHM,Bengaluru.Experience & Profile:He has been associated with the Phoenix Groupsince 1999 in various capacities. While he wasinstrumental in shaping up High Street Phoenixto its current reputation, he also laid thefoundation for the service and advisory verticalsand saw through the successful culmination ofthe hotel The St. Regis, Mumbai and PhoenixMarket City projects, launched in phases. AsCompany’s Managing Director, he continues todrive several critical functions of strategicinitiatives, capital raising, acquisitions andbusinessplanning& analysis for the Company.
d.	Disclosure of relationshipsbetween directors		He is not related to any Director of the Company

Regd. Office : The Phoenix Mills Ltd., 462 Senapati Bapat Marg, Lower Parel, Mumbai 400 013. Tel : (022) 2496 4307 / 8 / 9 Fax : (022) 2493 8388 E-mail : info@thephoenixmills.com www.thephoenixmills.com

Corp. Office: Shree Laxmi Woolen Mills Estate, 2nd Floor, R.R. Hosiery, Off Dr. E. Moses Rd. Mahalaxmi, Mumbai - 400 011 Tel: (022) 3001 6600 Fax : (022) 3001 6601 CIN No. : L17100MH1905PLC000200

Appointment of Mr. Rajesh Kulkarni as a Whole‐time Director

Sr.No.	Details of Events required to bedisclosed		Disclosure
a.	Name of Director		Mr. Rajesh Kulkarni (DIN:03134336)
b.	ReasonforChangeviz.appointment		The Board of Directors at their meeting held on27thMay, 2021, approved the appointment ofMr. Rajesh Kulkarni as Whole‐time Director ofthe Company for a period of five (5) years witheffect from May 27, 2021 to May 26, 2026. Thisappointment is subject to approval ofshareholders at the ensuing Annual GeneralMeeting of the Company.
c.	Date of appointment & term ofappointment		Date of Appointment – with effect from 27thMay, 2021Period of five (5) years commencing from May27, 2021 to May 26, 2026He would be liable to retire byrotation.
d.	Brief profile		**Qualification:**Bachelor of ArchitectureExperience & Profile:Mr. Rajesh Kulkarni hasover 27 years of experience in drivingdevelopment, planning and implementation ofthe project from an architectural perspective.He is the Group Director ‐ Projects Delivery andis responsible for driving all the projects of thePhoenix Group. He receives steadfast supportfrom experienced architects, engineers andother technical personnel in design, project co‐ordination and delivery functions, to ensurethat the projects are completed within time,cost and with quality.
f.	Disclosureofrelationshipsbetween directors		He is not related to any Director of theCompany

Regd. Office : The Phoenix Mills Ltd., 462 Senapati Bapat Marg, Lower Parel, Mumbai 400 013. Tel : (022) 2496 4307 / 8 / 9 Fax : (022) 2493 8388 E-mail : info@thephoenixmills.com www.thephoenixmills.com