Trent Ltd [Lakme Ltd] — Proxy Solicitation & Information Statement 2026

May 30, 2026

TRENT
LIMITED

30th May 2026

| To
Listing Department
The National Stock Exchange of India Limited
Exchange Plaza,
Bandra-Kurla Complex, Bandra (East),
Mumbai 400051
Symbol: TRENT | To
Corporate Relations Department
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai 400001
Scrip Code: 500251 |
| --- | --- |

Dear Sir / Madam,

Sub: Notice of Seventy-Fourth Annual General Meeting

Pursuant to Regulation 30 read with Schedule III Part A Para A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the Notice of the Seventy-Fourth Annual General Meeting of the Company, which is being dispatched to the shareholders of the Company through permitted modes.

As communicated earlier, the Annual General Meeting is scheduled to be held on Tuesday, 23rd June 2026 at 3.30 p.m. (IST) through Video Conferencing / Other Audio-Visual Means.

The Notice of the Annual General Meeting is also available on the Company's website at www.trentlimited.com.

Thanking you,

For Trent Limited
KRUPA KETAN
ANANDPARA
Digitally signed by KRUPA
KETAN ANANDPARA
Date: 2026.05.30 10:48:45
+05'30'

Krupa Anandpara
Company Secretary
Membership No.: A16536

Encl: as above

Cc:
MUFG Intime India Private Limited
National Securities Depository Limited
Central Depository Services (India) Limited

REGISTERED OFFICE: BOMBAY HOUSE 24 HOMI MODY STREET MUMBAI 400 001 TEL 91 22 6665 8282 FAX 91 22 2204 2081
CORPORATE OFFICE: TRENT HOUSE G-BLOCK PLOT NO C-60 BESIDE CITI BANK BANDRA-KURLA COMPLEX BANDRA (EAST)
MUMBAI 400 051 TEL 91 22 6700 9000 FAX 91 22 6700 8100
Email: westside@trent-tata.com Website: www.trentlimited.com CIN: L24240MH1952PLC008951
A TATA Enterprise

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Notice

NOTICE is hereby given that the SEVENTY-FOURTH ANNUAL GENERAL MEETING of TRENT LIMITED will be held through Video Conferencing / Other Audio-Visual Means ('VC / OAVM') on Tuesday, 23rd June 2026 at 3.30 p.m. (IST) to transact the following business:

Ordinary Business

1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March 2026, together with the Reports of the Board of Directors and Auditors thereon.
2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March 2026, together with the Reports of the Auditors thereon.
3. To declare a Dividend on Equity Shares for the financial year ended 31st March 2026.
4. To appoint a Director in place of Mr. Venkatesalu Palaniswamy (DIN: 02190892), who retires by rotation, and being eligible, offers himself for re-appointment.

Special Business

1. Re-appointment of Mr. Ravneet Singh Gill (DIN: 00091746) as an Independent Director of the Company

To consider, and if thought fit, to pass the following resolution as a Special Resolution:

"RESOLVED THAT pursuant to the provisions of Sections 149, 152 and other applicable provisions, if any, of the Companies Act, 2013 ('the Act') read with Schedule IV to the Act and the Companies (Appointment and Qualifications of Directors) Rules, 2014, Regulation 17 and all other applicable Regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the SEBI Listing Regulations'), (including any statutory modifications or re-enactment(s) thereof for the time being in force), Mr. Ravneet Singh Gill (DIN: 00091746), who was appointed as an Independent Director at the Seventieth Annual General Meeting of the Company for a term upto 28th December 2026 and who is eligible for re-appointment and who meets the criteria for independence as provided in Section 149(6) of the Act along with the Rules framed thereunder and Regulation 16(1)(b) of the SEBI Listing Regulations and who has submitted a declaration to that effect and in respect of whom the Company has received a Notice in writing from a Member under Section 160(1) of the Act proposing his candidature for the office of Director, be and is hereby re-appointed as an Independent Director of the Company for a second term commencing from 29th December 2026 upto 28th December 2031, not liable to retire by rotation."

1. Re-appointment of Ms. Hema Ravichandar (DIN: 00032929) as an Independent Director of the Company

To consider, and if thought fit, to pass the following resolution as a Special Resolution:

"RESOLVED THAT pursuant to the provisions of Sections 149, 152 and other applicable provisions, if any, of the Companies Act, 2013 ('the Act') read with Schedule IV to the Act and the Companies (Appointment and Qualifications of Directors) Rules, 2014, Regulation 17 and all other applicable Regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the SEBI Listing Regulations'), (including any statutory modifications or re-enactment(s) thereof for the time being in force), Ms. Hema Ravichandar (DIN: 00032929), who was appointed as an Independent Director at the Seventieth Annual General Meeting of the Company for a term upto 28th December 2026 and who is eligible for re-appointment and who meets the criteria for independence as provided in Section 149(6) of the Act along with the Rules framed thereunder and Regulation 16(1)(b) of the SEBI Listing Regulations and who has submitted a declaration to that effect and in respect of whom the Company has received a Notice in writing from a Member under Section 160(1) of the Act proposing her candidature for the office of Director, be and is hereby re-appointed as an Independent Director of the Company for a second term commencing from 29th December 2026 upto 28th December 2031, not liable to retire by rotation."

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1. Appointment of Mr. Bahram N. Vakil (DIN: 00283980) as a Director of the Company

To consider, and if thought fit, to pass the following resolution as an Ordinary Resolution:

“RESOLVED THAT Mr. Bahram N. Vakil (DIN: 00283980), who was appointed as an Additional Director (Non-Executive, Non-Independent Director) of the Company with effect from 23rd April 2026 by the Board of Directors, pursuant to the provisions of Section 161 of the Companies Act, 2013 ('the Act') read with the applicable Rules framed thereunder, (including any statutory modification or re-enactment(s) thereof for the time being in force) and the Articles of Association of the Company and who holds office upto the date of this Annual General Meeting, and who is eligible for appointment and has consented to act as a Director of the Company and in respect of whom the Company has received a Notice in writing from a Member under Section 160(1) of the Act proposing his candidature for the office of Director of the Company, be and is hereby appointed as a Director of the Company, liable to retire by rotation.”

NOTES:

i. Pursuant to General Circular No. 20/2020 dated 5th May 2020 read with other relevant Circulars including 03/2025 dated 22nd September 2025 issued by the Ministry of Corporate Affairs ('MCA') (collectively referred to as 'MCA Circulars'), the Company is convening the Annual General Meeting ('AGM') through Video Conferencing ('VC') / Other Audio-Visual Means ('OAVM'), without the physical presence of the Members. The deemed venue for the AGM will be Registered Office of the Company.

ii. The Explanatory Statement pursuant to Section 102 of the Companies Act, 2013 ('the Act') setting out material facts concerning the business under Item Nos. 5 to 7 set out above is annexed hereto. The details pursuant to Regulation 36(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the SEBI Listing Regulations') and Paragraph 1.2.5 of the Secretarial Standard on General Meetings issued by the Institute of Company Secretaries of India for Directors seeking appointment / re-appointment at the AGM, are annexed as Annexure I and form part of this Notice.

iii. PURSUANT TO THE PROVISIONS OF THE ACT, A MEMBER ENTITLED TO ATTEND AND VOTE AT THE AGM IS ENTITLED TO APPOINT ONE OR MORE PROXIES TO ATTEND AND VOTE INSTEAD OF HIMSELF / HERSELF AND THE PROXY NEED NOT BE A MEMBER OF THE COMPANY. Since this AGM is being held pursuant to the MCA Circulars through VC / OAVM, the physical attendance of Members has been dispensed with. Accordingly, the facility for the appointment of proxies by the Members will not be available for this AGM and hence, the Proxy Form, Attendance Slip and Route Map for the AGM are not annexed to this Notice.

iv. Institutional Members are encouraged to attend and vote at this AGM through VC / OAVM. Institutional / Corporate Shareholders (i.e., other than individuals / HUF, NRI, etc.) are required to send a scanned copy (PDF / JPG Format) of its Board or governing body Resolution / Authorization etc., authorizing its representative to attend the AGM through VC / OAVM or to vote through remote e-Voting. The said Resolution / Authorization shall be sent to the Scrutinizer by e-mail through its registered e-mail address to mitesh@mjshah.com with a copy marked to evoting@nsdl.com.

v. Members attending the AGM through VC / OAVM shall be counted for the purpose of reckoning the quorum under Section 103 of the Act.

vi. The Members can join the AGM in the VC / OAVM mode 30 minutes before the scheduled time of the commencement of the Meeting by following the procedure mentioned in the Notice. The Members will be able to view the proceedings on the National Securities Depository Limited's ('NSDL') e-Voting website at www.evoting.nsdl.com. The facility of participation at the AGM through VC / OAVM will be made available to at least 1,000 Members on a first-come-first-served basis, as per the MCA Circulars. The large Shareholders (i.e., Shareholders holding 2% or more shareholding), Promoters, Institutional Investors, Directors, Key Managerial Personnel, the Chairpersons of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee, Auditors, etc. shall be allowed to attend the meeting without restriction.

vii. The Notice of the AGM along with the Integrated Annual Report 2025-26 is being sent by electronic mode to those Members whose e-mail addresses are registered with the Company / Depository Participants, unless any Member has requested a physical copy

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of the same. A letter providing the web-link, including the exact path, where the Integrated Annual Report 2025-26 shall be available is being sent to Members who have not registered their e-mail Id. The Company shall send a physical copy of the Integrated Annual Report 2025-26 to those Members who request for the same at investor.relations@trent-tata.com mentioning their Folio No. / DP ID and Client ID. Members may note that the Notice and Integrated Annual Report 2025-26 will also be available on the Company's website at www.trentlimited.com, websites of the Stock Exchanges i.e. BSE Limited and the National Stock Exchange of India Limited at www.bseindia.com and www.nseindia.com, respectively and on the website of NSDL at www.evoting.nsdl.com.

viii. In the case of joint holders, the Member whose name appears as the first holder in the order of names as per the Register of Members of the Company will be entitled to vote at the AGM.

ix. Record Date and Dividend:

The Board of Directors at its meeting held on 22nd April 2026 has recommended a Dividend of ₹ 6/- per Equity Share of ₹ 1/- each. However, in view of the proposed issuance of bonus shares, if approved by the Shareholders through Postal Ballot dated 22nd April 2026, the aforesaid Dividend per equity share, if declared, shall be proportionately adjusted to reflect the increase in the number of equity shares, post issue of bonus shares.

The Company has fixed Friday, 12th June 2026 as the 'Record Date' for determining the entitlements of Members to Dividend for the financial year ended 31st March 2026, if approved at the AGM.

In case the Dividend on equity shares, as recommended by the Board of Directors, is approved at the AGM, such Dividend will be paid, subject to deduction of tax at source, as applicable, on or after Friday, 26th June 2026 as under:

a) To all Beneficial Owners in respect of shares held in dematerialized form as per details furnished by the depositories for this purpose, as of the close of business hours on Friday, 12th June 2026.
b) To all Members in respect of shares held in physical form after giving effect to valid requests for transmission / transposition lodged with the Company, as of the close of business hours on Friday, 12th June 2026.

x. Pursuant to the Finance Act 2020, dividend income is taxable in the hands of Shareholders and the Company is required to deduct tax at source ('TDS') from dividend paid to shareholders at the prescribed rates mentioned in the Income Tax Act, 2025 ('IT Act'). In general, to enable compliance with TDS requirements, Members are requested to complete and / or update their Residential Status, Permanent Account Number ('PAN'), category as per the IT Act with their Depository Participants or in case shares are held in physical form, with the Company and / or Registrars and Share Transfer Agents of the Company, MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited) by sending documents through e-mail. For detailed process, please click here: https://docs.trent-tata.com/Communication_to_shareholders-TDS.pdf.

xi. In accordance with the SEBI Listing Regulations, dividend shall be paid only in electronic form. Members who have not yet registered their bank details with the Company / Depository Participants are requested to update the same as follows to ensure receipt of dividend in a timely manner:

Shares held in physical form: Members holding shares in physical form are requested to send the following details / documents to MUFG Intime India Private Limited ('MUFG Intime') at C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai - 400 083:

a) Form ISR-1 along with supporting documents. The said form is available on the website of the Company at https://trentlimited.com/pages/forms and on the website of the RTA at https://web.in.mpms.mufg.com/KYC-downloads.html
b) Cancelled cheque in original, bearing the name of the Member or first holder, in case shares are held jointly. In case name of the holder is not available on the cheque, kindly submit the following documents:

i) Cancelled cheque in original;
ii) Bank attested legible copy of the first page of the bank passbook / bank statement bearing the names of the account holders, address, same bank account number and type as on the cheque leaf and full address of the bank branch.

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c) Self-attested copy of the PAN Card of all the holders; and
d) Self-attested copy of any document (such as aadhaar card, driving license, election identity card or passport) in support of the address of the first holder as registered with the Company.

Shares held in electronic form: Members holding shares in dematerialized form are requested to update their Electronic Bank Mandate with their respective Depository Participants.

Further, please note that instructions, if any, already given by Members in respect of shares held in physical form, will not be automatically applicable to the dividend paid on shares held in electronic form.

xii. In accordance with Regulation 40 of the SEBI Listing Regulations, as amended, transfer of securities of listed entities can be processed only in dematerialized form. Further, pursuant to SEBI circular dated 25th January 2022, securities of the Company shall be issued in dematerialized form only while processing service requests in relation to issue of duplicate securities certificate, renewal / exchange of securities certificate, endorsement, sub-division / splitting of securities certificate, consolidation of securities certificates / folios, transmission and transposition. Accordingly, Members are requested to make service requests by submitting a duly filled and signed Form ISR – 4, the format of which is available at https://trentlimited.com/pages/forms

xiii. Members who have not yet encashed their dividend warrant(s) for the financial year ended 31st March 2019 or any subsequent financial years, are requested to make their claim to MUFG Intime.

Members are requested to note that, dividends if not encashed for a period of 7 years from the date of transfer to Unpaid Dividend Account of the Company, shall be transferred to the Investor Education and Protection Fund ('IEPF'). The shares in respect of which dividends remain unclaimed for seven consecutive years shall also be transferred to the IEPF Authority. In view of this, Members who have not claimed their dividends are requested to claim the same from the Company, within the stipulated timeline. Members, whose unclaimed dividends / shares have been transferred to IEPF, may claim the same by making an online application to the IEPF Authority in web Form IEPF-5 available on www.iepf.gov.in. For further details, please refer to the

Corporate Governance Report which is a part of the Integrated Annual Report. The Company has uploaded the information in respect of unclaimed dividends, as on the date of last AGM i.e. 3rd July 2025 on the website of the Company.

xiv. Members holding shares in dematerialized form are requested to intimate all changes pertaining to their bank details, mandates, nominations, power of attorney, change of address, change of name and e-mail address, etc., to their Depository Participants only. Members holding shares in physical form are requested to intimate such changes to MUFG Intime.

xv. SEBI has mandated furnishing of PAN and KYC details (i.e. postal address with pin code, mobile number, bank account details) by all shareholders holding shares in physical form. The investor service requests forms for updating said details viz., Forms ISR-1 and ISR-2 is available on our website at https://trentlimited.com/pages/forms. It may be noted that any service request or complaint can be processed only after the folio is KYC compliant. In view of the above, we urge the Members to submit the Investor Service Request form along with the supporting documents at the earliest. Shareholders who hold shares in dematerialized form and wish to update their PAN and KYC details are requested to contact their respective Depository Participants.

xvi. SEBI has established a common Online Dispute Resolution Portal ('ODR Portal') for resolution of disputes arising in the Indian Securities Market. Pursuant to this, post exhausting the option to resolve their grievance with the RTA / Company directly and through existing SCORES platform, the investors can initiate dispute resolution through the ODR Portal https://smartodr.in/login and the same can also be accessed through the Company's website https://trentlimited.com/pages/circular-and-updates.

xvii. Members holding shares in physical form, in identical order of names, in more than one folio are requested to send to MUFG Intime, the details of such folios together with share certificates and self-attested copies of PAN card of the holders for consolidating their holding in one folio. Requests for consolidation of share certificates shall be processed in dematerialized form.

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xviii. The relevant documents referred to in the Notice are available for inspection and the Members who wish to inspect the same can send an e-mail to investor.relations@trent-tata.com up to the date of this Meeting.

xix. During the 74th AGM, Members may access the electronic copy of the Register of Directors and Key Managerial Personnel and their shareholding maintained under Section 170 of the Act, the Register of Contracts and Arrangements in which Directors are interested maintained under Section 189 of the Act, by sending an e-mail to investor.relations@trent-tata.com

xx. Process for registering e-mail addresses to receive this Notice and Integrated Annual Report electronically and cast votes electronically:

I. Registration of e-mail addresses with MUFG Intime:

The Company has made special arrangements with MUFG Intime for registration of e-mail addresses of those Members (holding shares either in electronic or physical form) whose e-mail addresses are not registered in their account / folio and who wish to receive this Notice electronically and cast votes electronically. Eligible Members whose e-mail addresses are not registered with the Company / Depository Participants are required to provide the same to MUFG Intime on or before Tuesday, 16th June 2026 (5:00 p.m. IST).

The process to be followed for registration of e-mail address is as follows:

a) Visit the link: https://web.in.mpms.mufg.com/EmailReg/Email_Register.html
b) Select the name of the Company from dropdown: Trent Limited
c) Enter the DP ID & Client ID / Physical Folio Number, name of the Member and PAN details. Members holding shares in physical form need to additionally enter one of the share certificate numbers.
d) Enter Mobile No. and e-mail id and click on Continue button.
e) System will send OTP on mobile no. and e-mail id.

f) Upload:

I. Self-attested copy of PAN card &
II. Address proof viz. Aadhaar Card, passport or front and back side of share certificate in the case of physical folio.

g) Enter OTP received on mobile no. and e-mail id.
h) The system will then confirm the e-mail address for receiving this AGM Notice.

After successful submission of the e-mail address, NSDL will e-mail a copy of this AGM Notice and Integrated Annual Report for financial year 2025-26 along with the e-Voting user ID and password. In case of any queries, Members may write to evoting@nsdl.com

II. Alternatively, those Members who have not registered their e-mail addresses are required to send an e-mail request to evoting@nsdl.com along with the following documents for procuring User ID and Password for e-Voting for the Resolutions set out in this Notice:

a) In case shares are held in physical mode, please provide Folio No., name of shareholder, scanned copy of the share certificate (front and back), self-attested scanned copy of PAN card, self-attested scanned copy of Aadhar Card.
b) In case shares are held in dematerialized mode, please provide DP ID Client ID (8 digit DP ID + 8 digit Client ID or 16 digit beneficiary ID), name, client master or copy of consolidated account statement, self-attested scanned copy of PAN card, self-attested scanned copy of Aadhar Card. If you are an Individual shareholder holding securities in demat mode, you are requested to refer to the login method explained in Annexure II at step 1 (A) i.e. Login method for e-Voting and joining virtual meeting for Individual Shareholders holding securities in demat mode.

xxi. Permanent Registration of e-mail address with Company / Depository Participant:

To support 'Green Initiative', Members who have not yet registered their e-mail addresses are requested

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to register the same with their concerned Depository Participants, in respect of electronic holding and with MUFG Intime, in respect of physical holding. Further, those Members who have already registered their e-mail addresses are requested to keep their e-mail addresses validated / updated with their Depository Participants / MUFG Intime to enable servicing of notices / documents / Annual Reports and other communications electronically to their e-mail addresses in future.

xxii. In compliance with the provisions of Section 108 of the Act, read with Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended from time to time, Regulation 44 of the SEBI Listing Regulations and in terms of SEBI circular no. SEBI/HO/CFD/CMD/CIR/P/2020/242 dated 9th December 2020, the Members are provided with the facility to cast their vote electronically, through the e-Voting services provided by NSDL, on all the Resolutions set forth in this Notice. The facility of casting votes by a Member using the remote e-Voting system before the Meeting as well as remote e-Voting during the AGM, will be provided by NSDL.

xxiii. The remote e-Voting period commences on Saturday, 20th June 2026 (9.00 a.m. IST) to Monday, 22nd June 2026 (5.00 p.m. IST). During this period, Members of the Company, holding shares either in physical form or in dematerialized form, as on cut-off date i.e. Tuesday, 16th June 2026 may cast their vote electronically. The remote e-Voting module shall be disabled by NSDL for voting thereafter. Once the vote on a resolution is cast by the Member, he / she shall not be allowed to change it subsequently. The voting rights of Members (for voting through remote e-Voting before the AGM and remote e-Voting during the AGM) shall be in proportion to their shares held in the paid-up equity share capital of the Company as on the cut-off date i.e., Tuesday, 16th June 2026.

xxiv. Members will be provided with the facility for voting through electronic voting system during the VC / OAVM at the AGM and Members participating at the AGM, who have not already cast their votes on the Resolutions through remote e-Voting and are otherwise not barred from doing so, will be eligible to exercise their right to vote during such proceedings of the AGM. Members who have cast their vote by remote e-Voting prior to the AGM may also attend / participate in the AGM through VC / OAVM but shall not be entitled to cast their vote again.

xxv. A person, whose name is recorded in the Register of Members or in the Register of Beneficial Owners maintained by the depositories as on the cut-off date only shall be entitled to avail the facility of remote e-Voting before the AGM as well as remote e-Voting during the AGM. Any person who is not a member as on the cut-off date should treat this Notice for information purpose only. Any person holding shares in physical form and non-individual Shareholders who acquire shares of the Company and becomes a Member of the Company after sending of the Notice and holding shares as of the cut-off date, may obtain the login ID and password by sending a request to evoting@nsdl.com. However, if he / she is already registered with NSDL for remote e-Voting then he / she can use his / her existing User ID and password for casting the vote.

xxvi. In case of Individual Shareholders holding securities in demat mode and who acquire shares of the Company and becomes a Member of the Company after sending of the Notice and holding shares as of the cut-off date may follow steps mentioned in Annexure II under 'Login method for remote e-Voting and joining virtual meeting for Individual Shareholders holding securities in demat mode.'

xxvii. The Chairman shall, at the AGM allow voting by use of the remote e-Voting system for all those Members who are present during the AGM through VC / OAVM but have not cast their votes by availing the remote e-Voting facility before the AGM. The remote e-Voting module during the AGM shall be disabled by NSDL for voting 15 minutes after the conclusion of the Meeting.

xxviii. Mr. Mitesh Shah (Membership No. FCS 10070 CP 12891) of M/s. Mitesh J. Shah & Associates, Practicing Company Secretaries, has been appointed as the Scrutinizer to scrutinize the remote e-Voting before and during the AGM, in a fair and transparent manner.

xxix. The Scrutinizer shall, immediately after the conclusion of remote e-Voting at the AGM, unblock the votes cast through remote e-Voting (votes cast during the AGM and at the AGM) and make, not later than two working days of conclusion of the Meeting, a consolidated Scrutinizer's Report of the total votes cast in favour or against, if any, to the Chairman or a person authorized by him in writing, who shall countersign the same.

xxx. The results declared along with the Scrutinizer's Report shall be placed on the Company's website www.trentlimited.com and on the website of NSDL

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www.evoting.nsdl.com immediately after the results are declared and the same shall be communicated to BSE Limited and the National Stock Exchange of India Limited, where the shares of the Company are listed.

xxxi. Subject to the receipt of the requisite number of votes, the Resolutions forming part of the AGM Notice shall be

deemed to have been passed on the date of the AGM i.e., Tuesday, 23rd June 2026.

xxxii. Instructions for Members for remote e-Voting and joining the AGM through VC / OAVM are annexed as Annexure II and forms part of this Notice.

By Order of the Board of Directors

Krupa Anandpara

Company Secretary

Membership No: ACS 16536

Mumbai, 22nd April 2026

Registered Office:

Bombay House, 24, Homi Mody Street,

Mumbai – 400001 Tel: 022-67008090

E-mail Id – investor.relations@trent-tata.com

Website – www.trentlimited.com

Corporate Identity Number (CIN): L24240MH1952PLC008951

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EXPLANATORY STATEMENT PURSUANT TO THE PROVISIONS OF SECTION 102 OF THE COMPANIES ACT, 2013 ('THE ACT')

The following Explanatory Statement sets out all material facts relating to the business mentioned under Item Nos. 5 to 7 in the accompanying Notice dated 22nd April 2026.

Item No. 5

At the Seventieth Annual General Meeting of the Company held on 10th June 2022, the Members had appointed Mr. Ravneet Singh Gill (DIN:00091746) as an Independent Director of the Company for a term commencing from 29th December 2021 to 28th December 2026.

The Board of Directors, upon recommendation of the Nomination and Remuneration Committee, considered and approved re-appointment of Mr. Gill as an Independent Director of the Company, for the second term commencing from 29th December 2026 to 28th December 2031 (both days inclusive), not being liable to retire by rotation subject to approval of the Members at the ensuing Annual General Meeting.

Mr. Gill brings over four decades of extensive experience in the banking and financial sector, strategy, governance, management, business development, brand building, finance, risk management, digital / technology, etc. He holds a Master's degree from Hindu College, University of Delhi. He had served as the Managing Director and Chief Executive Officer of YES Bank during 2019–2020. Prior to his appointment at YES Bank, Mr. Gill was the Chief Executive Officer of Deutsche Bank in India and had been a member of Deutsche Bank AG's Asia Pacific Executive Committee since July 2012.

The profile and specific areas of expertise of Mr. Gill and other relevant information as required under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the SEBI Listing Regulations') and the Secretarial Standard on General Meetings issued by the Institute of Company Secretaries of India are provided in Annexure I to this Notice.

The Company has received a Notice in writing from a Member of the Company in terms of Section 160(1) of the Act proposing candidature of Mr. Gill for the office of a Director of the Company. Mr. Gill has consented to act as a Director of the Company.

Further, in terms of Section 149 and other applicable provisions of the Act and as per the criteria set out under the

SEBI Listing Regulations, Mr. Gill is eligible to be re-appointed as an Independent Director of the Company and has given necessary declaration to the Board that he meets the criteria of independence as provided under Section 149(6) of the Act and under Regulation 16(1)(b) of the SEBI Listing Regulations. In terms of Regulation 25(8) of the SEBI Listing Regulations, he has also given a declaration that he is not aware of any circumstance or situation which exists or may be reasonably anticipated that could impair or impact his ability to discharge his duties. Mr. Gill has further provided a confirmation that he has registered himself with the Independent Director's data bank maintained by the Indian Institute of Corporate Affairs.

In the opinion of the Board, Mr. Gill fulfils all the criteria prescribed in the Act, Rules framed under the Act and the SEBI Listing Regulations for re-appointment as an Independent Director. The terms and conditions of re-appointment of Mr. Gill are available for inspection by the Members, by writing an e-mail to the Company at investor.relations@trentata.com.

Mr. Gill is a member of the Audit Committee, CSR and Sustainability Committee, and Borrowing and Investment Committee. He provides valuable guidance, interalia, on financial matters, digital and technology initiatives, and the Company's CSR projects.

The Nomination and Remuneration Committee and the Board believe that Mr. Gill's leadership skills, extensive financial and digital expertise, and diverse knowledge and experience will continue to be of immense benefit to the Company.

Mr. Gill would be entitled to sitting fees for attending Meetings of the Board of Directors and Committees of which he is a member. In addition, he would be entitled to the commission as determined each year by the Board of Directors within the limits approved by the Members of the Company for the Non-Executive Directors of the Company.

In accordance with the provisions of Section 149 read with Schedule IV to the Act and Regulation 17 of the SEBI Listing Regulations, Members' approval is being sought for re-appointment of Mr. Gill as an Independent Director of the Company for the second term commencing from 29th December 2026 to 28th December 2031 (both days inclusive).

Except Mr. Gill and / or his relatives, no other Director, or Key Managerial Personnel and / or their relatives are in any way concerned or interested, financially or otherwise, in the Resolution set forth in Item No. 5 of the Notice.

The Board recommends the Resolution at Item No. 5 of the accompanying Notice for the approval by the Members of the Company by way of a Special Resolution.

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Item No. 6

At the Seventieth Annual General Meeting of the Company held on 10th June 2022, the Members had appointed Ms. Hema Ravichandar (DIN:00032929) as an Independent Director of the Company for a term commencing from 29th December 2021 to 28th December 2026.

The Board of Directors, upon recommendation of the Nomination and Remuneration Committee, considered and approved re-appointment of Ms. Ravichandar as an Independent Director of the Company, for the second term commencing from 29th December 2026 to 28th December 2031 (both days inclusive), not being liable to retire by rotation, subject to approval of the Members at the ensuing Annual General Meeting.

Ms. Ravichandar is an alumnus of the Indian Institute of Management, Ahmedabad and a distinguished Strategic Human Resources Advisor with over four decades of experience. She has advised several leading Indian and multinational corporations on people strategy, leadership development and organizational transformation. Ms. Ravichandar serves on the boards of several reputed companies and has extensive knowledge, expertise and experience in strategic HR advisory, succession planning, governance, management and finance. Until 2005, she was the Senior Vice President and Global Head of Human Resources at Infosys Technologies Limited, where she played a pivotal role in shaping the company's global HR strategy during a period of rapid growth.

The profile and specific areas of expertise of Ms. Ravichandar and other relevant information as required under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the SEBI Listing Regulations') and the Secretarial Standard on General Meetings issued by the Institute of Company Secretaries of India are provided in Annexure I to this Notice.

The Company has received a Notice in writing from a Member of the Company in terms of Section 160(1) of the Act proposing candidature of Ms. Ravichandar for the office of a Director of the Company. Ms. Ravichandar has consented to act as a Director of the Company.

Further, in terms of Section 149 and other applicable provisions of the Act and as per the criteria set out under the SEBI Listing Regulations, Ms. Ravichandar is eligible to be re-appointed as an Independent Director of the Company and has given necessary declaration to the Board that she meets the criteria of independence as provided under Section 149(6) of the Act and under Regulation 16(1)(b) of the SEBI Listing Regulations. In terms of Regulation 25(8) of the

SEBI Listing Regulations, she has also given a declaration that she is not aware of any circumstance or situation which exists or may be reasonably anticipated that could impair or impact her ability to discharge her duties. Ms. Ravichandar has further provided a confirmation that she has registered herself with the Independent Director's data bank maintained by the Indian Institute of Corporate Affairs.

In the opinion of the Board, Ms. Ravichandar fulfils all the criteria prescribed in the Act, Rules framed under the Act and the SEBI Listing Regulations for re-appointment as an Independent Director. The terms and conditions of re-appointment of Ms. Ravichandar are available for inspection by the Members, by writing an e-mail to the Company at investor.relations@trent-tata.com.

Ms. Ravichandar, as the Chairperson of the Nomination and Remuneration Committee, plays a significant advisory role in strengthening the Company's leadership and people agenda, including talent strategy, people development and succession planning. She is also a member of the CSR and Sustainability Committee.

The Nomination and Remuneration Committee and the Board are of the view that Ms. Ravichandar's extensive knowledge, expertise and experience, particularly in strategic HR, people development and succession planning, will continue to be of immense benefit to the Company.

Ms. Ravichandar would be entitled to sitting fees for attending Meetings of the Board of Directors and Committees of which she is a member. In addition, she would be entitled to the commission as determined each year by the Board of Directors within the limits approved by the Members of the Company for the Non-Executive Directors of the Company.

In accordance with the provisions of Section 149 read with Schedule IV to the Act and Regulation 17 of the SEBI Listing Regulations, Members' approval is being sought for re-appointment of Ms. Ravichandar as an Independent Director of the Company for the second term commencing from 29th December 2026 to 28th December 2031 (both days inclusive).

Except Ms. Ravichandar and / or her relatives, no other Director or Key Managerial Personnel and / or their relatives are in any way concerned or interested, financially or otherwise, in the Resolution set forth in Item No. 6 of the Notice.

The Board recommends the Resolution at Item No. 6 of the accompanying Notice for the approval by the Members of the Company by way of a Special Resolution.

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Item No. 7

Based on the recommendation of the Nomination and Remuneration Committee and in terms of the provisions of Section 161 of the Companies Act, 2013 ('the Act') and the applicable Rules made thereunder, read with the Articles of Association of the Company, the Board of Directors at its meeting held on 22nd April 2026 appointed Mr. Bahram N. Vakil (DIN: 00283980) as an Additional Director (Non-Executive, Non-Independent) of the Company with effect from 23rd April 2026.

Mr. Vakil is the Co-founder of M/s. AZB & Partners and is amongst India's foremost attorneys specialising in restructuring, bankruptcy, infrastructure and project finance. As part of his restructuring and bankruptcy experience, Mr. Vakil has advised several distressed funds, insolvency professionals, domestic and international banks, including the large, stressed accounts referred to insolvency resolution by the Reserve Bank of India.

He has served on several high-level government committees on financial sector reforms, foreign direct investment and securities market reforms including a Committee tasked with drafting the Insolvency and Bankruptcy Code, 2016. Mr. Vakil holds a Bachelor of Laws degree from the University of Bombay and a Master of Laws (LL.M.) degree from Columbia University, New York, USA. He is an Advocate enrolled with the Bar Council of Maharashtra & Goa, a Solicitor in India and a member of the New York State Bar Association.

Mr. Vakil previously served as an Independent Director of the Company for a period of ten years from 25th June 2012 to 24th June 2022.

The profile and specific areas of expertise of Mr. Vakil, along with the other relevant information as required under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the SEBI Listing Regulations') and the Secretarial Standard on General Meetings issued by the Institute of Company Secretaries of India, are set out in Annexure I to this Notice.

Mr. Vakil has given his consent to act as a Director of the Company and has confirmed that he is not disqualified from being appointed as Director under the provisions of Section 164 of the Act. He has also given a declaration that he has not been debarred from holding the office of Director by virtue of any order passed by the Securities and Exchange Board of India or any other such statutory authority.

Pursuant to the provisions of Section 161 of the Act, Mr. Vakil holds office as an Additional Director up to the date of the ensuing Annual General Meeting. The Company has received a Notice in writing from a Member under Section 160(1) of the Act, proposing the candidature of Mr. Vakil for the office of Director, liable to retire by rotation.

The Nomination and Remuneration Committee and Board consider that Mr. Vakil's extensive knowledge, expertise and experience specifically in banking, restructuring, infrastructure and project finance, corporate laws, will be of immense benefit to the Company.

Mr. Vakil would be entitled to sitting fees for attending meetings of the Board of Directors and Committees of which he is a member. In addition, he would be entitled to the commission as determined each year by the Board of Directors within the limits approved by the Members of the Company for the Non-Executive Directors of the Company.

Except Mr. Vakil and / or his relatives, no other Director, or Key Managerial Personnel and / or their relatives are in any way concerned or interested, financially or otherwise, in the Resolution set forth in Item No. 7 of the Notice.

The Board recommends the Resolution set out in Item No. 7 of the accompanying Notice for the approval by the Members of the Company by way of an Ordinary Resolution.

By Order of the Board of Directors

Krupa Anandpara
Company Secretary
Membership No.: ACS 16536
Mumbai, 22nd April 2026

Registered Office:
Bombay House, 24, Homi Mody Street,
Mumbai - 400001 Tel: 022-67008090
E-mail Id - investor.relations@trent-tata.com
Website - www.trentlimited.com
Corporate Identity Number (CIN): L24240MH1952PLC008951

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Annexure I

Details of the Directors seeking appointment / re-appointment at the Annual General Meeting

Pursuant to Regulations 36(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Paragraph 1.2.5 of Secretarial Standard on General Meetings issued by the Institute of Company Secretaries of India

Particulars	Mr. Venkatesalu Palaniswamy	Mr. Ravneet Singh Gill	Ms. Hema Ravichandar	Mr. Bahram N. Vakil
Director Identification No. (DIN)	02190892	00091746	00032929	00283980
Age	49 years	63 years	65 years	67 years
Date of first Appointment	1^{st} June 2015	29^{th} December 2021	29^{th} December 2021	23^{rd} April 2026
Number of shares held in the Company	Nil	Nil	Nil	3,039 Equity Shares
Qualifications	Commerce Graduate, Alumni of Harvard Business School (Advanced Management Program - AMP), Master's in Management from Symbiosis (SIIB), Pune, CFA from the Institute of Chartered Financial Analysts of India (ICFAI).	Master's degree from Hindu College, Delhi University.	B.A in Economics and an Alumnus of the Indian Institute of Management, Ahmedabad.	Bachelor of Law, Bombay University, Master of Laws (LL.M.), Columbia University, New York, USA
Expertise in specific functional area	Mr. Venkatesalu has been with the Company for over 17 years in different roles including that of the Managing Director, Executive Director, Chief Executive Officer, Chief Financial Officer, Head of Finance & Accounts, Legal & Secretarial Functions overseeing the business operations, strategy, finance and investment activities of the Company. He has over 23 years of strategic business experience.	Mr. Gill has over four decades of extensive experience in the banking and financial sector, strategy, governance, management, business development, brand building, finance, risk management, digital / technology, etc.	Ms. Ravichandar is a distinguished Strategic Human Resources Advisor with over four decades of experience. Ms. Ravichandar serves on the Boards of several reputed companies and has extensive knowledge, expertise and experience in strategic HR advisory, succession planning, governance, management and finance.	Mr. Vakil has over four decades of varied experience in the banking, bankruptcy, restructuring, infrastructure and project finance, derivatives, joint ventures, acquisitions, restructuring, corporate law, private equity funds and venture capital. Mr. Vakil is co-founder of AZB & Partners. He serves on the Boards of several reputed companies.
In case of Independent Directors, the skills and capabilities required for the role and the manner in which the proposed person meets such requirements	Not Applicable	Extensive knowledge, expertise and experience in the area of finance, risk management, digital / technology, etc.	Extensive knowledge, expertise and experience in HR functions, strategic HR advisory, succession planning, etc.	Not Applicable

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Particulars	Mr. Venkatesalu Palaniswamy	Mr. Ravneet Singh Gill	Ms. Hema Ravichandar	Mr. Bahram N. Vakil
Relationship with other Directors and Key Managerial Personnel	None	None	None	None
Directorships held in other body corporate as on 31^{st} March 2026 (listed and unlisted Indian)	Unlisted Companies
• Booker India Limited
• Nahar Retail Trading Services Limited
• Fiora Hypermarket Limited (formerly Fiora Online Limited)
• Trent Hypermarket Private Limited
• Trent MAS Fashion Private Limited
• Inditex Trent Retail India Private Limited
• Massimo Dutti India Private Limited
• Trent Foundation	Unlisted Company
• New Horizons Alliance Private Limited	Listed Companies
• Bosch Limited
• Indian Hotels Company Limited

Unlisted Company
• Feedback Business Consulting Services Private Limited | Listed Companies
• BASF India Limited
• Tata Investment Corporation Limited

Unlisted Companies
• Grameen Capital India Private Limited
• Inarco Private Limited
• Cashpor Financial and Technical Services Private Limited
• Eversource Capital Private Limited
• Kaleidofin Private Limited
• Indian Council on Global Relations
• Centre for Advancement of Philanthropy
• Cashpor Micro Credit
• World Monuments Fund India Association
• Aayushya Foundation
• Raintree Foundation (India)
• Vidhi Centre For Legal Policy
• Jayalakshmi Vilas Mansion Museum and Cultural Forum |

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Particulars	Mr. Venkatesalu Palaniswamy	Mr. Ravneet Singh Gill	Ms. Hema Ravichandar	Mr. Bahram N. Vakil
Membership /
Chairmanships of
committees of other
companies as on
31^{st} March 2026	Trent Hypermarket Private
Limited:
- Audit Committee (Member)
- Investment & Borrowing
Committee (Member)	None	• Bosch Limited
- Nomination and
Remuneration
Committee
(Chairperson)
- Audit Committee
(Member)
- Corporate Social
Responsibility
Committee
(Member)
• Indian Hotels Company
Limited
- Nomination and
Remuneration
Committee
(Chairperson)
- Audit Committee
(Member)
- Risk Committee
(Member)
- Corporate Social
Responsibility &
Sustainability /
ESG Committee
(Member)	• BASF India Limited
- Audit Committee
(Member)
- Nomination and
Remuneration
Committee
(Member)
- Corporate Social
Responsibility
Committee
(Chairman)
- Risk Management
Committee
(Member)
• Tata Investment
Corporation Limited
- Corporate Social
Responsibility
Committee
(Chairman)
- Stakeholders
Relationship
Committee
(Member)
- Investment
Committee
(Member)
• Grameen Capital India
Private Limited
- Audit Committee
(Member)
• Indian Council on
Global Relations
- Nomination and
Remuneration
Committee
(Member)
Listed entities from
which the person has
resigned in the past
three years	None	None	None	None

For other details such as number of Meetings attended during the year and remuneration drawn by the Directors, please refer to the Corporate Governance Report in the Integrated Annual Report.

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Annexure II

VOTING THROUGH ELECTRONIC MEANS

STEP 1: ACCESS TO NSDL E-VOTING SYSTEM

A) Login method for e-Voting and joining virtual meeting for Individual Shareholders holding securities in demat mode:

In terms of SEBI circular dated 9th December 2020 on e-Voting facility provided by Listed Companies, Individual Shareholders holding securities in demat mode are allowed to vote through their demat account maintained with Depositories and Depository Participants. Shareholders are advised to update their mobile number and e-mail Id in their demat accounts in order to access e-Voting facility.

Login method for Individual Shareholders holding securities in demat mode is given below:

Type of Shareholders	Login Method
Individual Shareholders holding securities in demat mode with NSDL	1. For OTP based login you can click on https://eservices.nsdl.com/SecureWeb/evoting/evotinglogin.jsp. You will have to enter your 8-digit DP ID, 8-digit Client Id, PAN No., Verification code and generate OTP. Enter the OTP received on registered e-mail id / mobile number and click on login. After successful authentication, you will be redirected to NSDL Depository site wherein you can see e-Voting page. Click on company name or e-Voting service provider i.e. NSDL and you will be redirected to e-Voting website of NSDL for casting your vote during the remote e-Voting period or joining virtual meeting & voting during the meeting.
	2. Existing IdeAS user can visit the e-Services website of NSDL viz. https://eservices.nsdl.com either on a Personal Computer or on a mobile. On the e-Services home page click on the “Beneficial Owner” icon under “Login” which is available under ‘IdeAS’ section, this will prompt you to enter your existing User ID and Password. After successful authentication, you will be able to see e-Voting services under Value added services. Click on “Access to e-Voting” under e-Voting services and you will be able to see e-Voting page. Click on company name or e-Voting service provider i.e. NSDL and you will be re-directed to e-Voting website of NSDL for casting your vote during the remote e-Voting period or joining virtual meeting & voting during the meeting.
	3. If you are not registered for IdeAS e-Services, option to register is available at https://eservices.nsdl.com. Select “Register Online for IdeAS Portal” or click at https://eservices.nsdl.com/SecureWeb/IdeasDirectReg.jsp
	4. Visit the e-Voting website of NSDL. Open web browser by typing the following URL: https://www.evoting.nsdl.com/ either on a Personal Computer or on a mobile. Once the home page of e-Voting system is launched, click on the icon “Login” which is available under ‘Shareholder/Member’ section. A new screen will open. You will have to enter your User ID (i.e. your sixteen digit demat account number held with NSDL), Password / OTP and a Verification Code as shown on the screen. After successful authentication, you will be redirected to NSDL Depository site wherein you can see e-Voting page. Click on company name or e-Voting service provider i.e. NSDL and you will be redirected to e-Voting website of NSDL for casting your vote during the remote e-Voting period or joining virtual meeting & voting during the meeting.

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Type of Shareholders	Login Method
	5. Shareholders/Members can also download NSDL Mobile App “NSDL Speede” facility by scanning the QR code mentioned below for seamless voting experience.NSDL Mobile App is available onApp Store Google Play
Individual Shareholders holding securities in demat mode with CDSL	1. Users who have opted for CDSL Easi/Easiest facility, can login through their existing user id and password. Option will be made available to reach e-Voting page without any further authentication. In order to login to Easi / Easiest, users are requested to visit CDSL website www.cdslindia.com and click on login icon & New System Myeasi Tab and then use your existing my easi username & password.2. After successful login the Easi / Easiest user will be able to see the e-Voting option for eligible companies where the evoting is in progress as per the information provided by the company. On clicking the evoting option, the user will be able to see e-Voting page of the e-Voting service provider for casting your vote during the remote e-Voting period or joining virtual meeting & voting during the meeting. Additionally, there are also links provided to access the system of all e-Voting Service Providers, so that the user can visit the e-Voting service providers' website directly.3. If the user is not registered for Easi/Easiest, option to register is available at CDSL website www.cdslindia.com and click on login & New System Myeasi Tab and then click on registration option.4. Alternatively, the user can directly access e-Voting page by providing Demat Account Number and PAN No. from a e-Voting link available on www.cdslindia.com home page. The system will authenticate the user by sending OTP on registered Mobile & E-mail as recorded in the Demat Account. After successful authentication, user will be able to see the e-Voting option where the evoting is in progress and will also be able to directly access the system of all e-Voting Service Providers.
Individual Shareholders (holding securities in demat mode) login through their depository participants	You can also login using the login credentials of your demat account through your Depository Participant registered with NSDL / CDSL for e-Voting facility. Upon logging in, you will be able to see e-Voting option. Click on e-Voting option, you will be redirected to NSDL / CDSL Depository site after successful authentication, wherein you can see e-Voting feature. Click on company name or e-Voting service provider i.e. NSDL and you will be redirected to e-Voting website of NSDL for casting your vote during the remote e-Voting period or joining virtual meeting & voting during the meeting.

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Important note: Members who are unable to retrieve User ID/Password are advised to use Forget User ID and Forget Password option available at abovementioned website.

Helpdesk for Individual Shareholders holding securities in demat mode for any technical issues related to login through Depository i.e., NSDL and CDSL.

Login type	Helpdesk details
Individual Shareholders holding securities in demat mode with NSDL	Members facing any technical issue in login can contact NSDL helpdesk by sending a request at evoting@nsdl.com or call at 022 – 4886 7000
Individual Shareholders holding securities in demat mode with CDSL	Members facing any technical issue in login can contact CDSL helpdesk by sending a request at helpdesk.evoting@cdslindia.com or contact at toll free no. 1800-21-09911

B) Login Method for e-Voting and joining virtual meeting for Shareholders other than Individual Shareholders holding securities in demat mode and Shareholders holding securities in physical mode.

How to Log-in to NSDL e-Voting website?

1. Visit the e-Voting website of NSDL. Open web browser by typing the following URL: https://www.evoting.nsdl.com/ either on a Personal Computer or on a mobile.
2. Once the home page of e-Voting system is launched, click on the icon “Login” which is available under ‘Shareholder/ Member’ section.
3. A new screen will open. You will have to enter your User ID, your Password/OTP and a Verification Code as shown on the screen.

Alternatively, if you are registered for NSDL eservices i.e., IdeAS, you can log-in at https://eservices.nsdl.com/ with your existing IdeAS login. Once you log-in to NSDL eservices after using your log-in credentials, click on e-Voting and you can proceed to Step 2 i.e., Cast your vote electronically.

1. Your User ID details are given below:

Manner of holding shares i.e., Demat (NSDL or CDSL) or Physical		Your User ID is:
a)	For Members who hold shares in demat account with NSDL	8 Character DP ID followed by 8 Digit Client ID
For example, if your DP ID is IN300 and Client ID is 12 then your user ID is IN30012
b)	For Members who hold shares in demat account with CDSL	16 Digit Beneficiary ID
For example, if your Beneficiary ID is 12 then your user ID is 12
c)	For Members holding shares in Physical Form	EVEN Number followed by Folio Number registered with the company
For example, if folio number is 001 and EVEN is 139275 then user ID is 139275001

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1. Password details for Shareholders other than Individual Shareholders are given below:

a) If you are already registered for e-Voting, then you can use your existing password to login and cast your vote.

b) If you are using NSDL e-Voting system for the first time, you will need to retrieve the 'initial password' which was communicated to you. Once you retrieve your 'initial password', you need to enter the 'initial password' and the system will force you to change your password.

c) How to retrieve your 'initial password'?

(i) If your e-mail ID is registered in your demat account or with the company, your 'initial password' is communicated to you on your e-mail ID. Trace the e-mail sent to you from NSDL from your mailbox. Open the e-mail and open the attachment i.e. a .pdf file. Open the .pdf file. The password to open the .pdf file is your 8 digit client ID for NSDL account, last 8 digits of client ID for CDSL account or folio number for shares held in physical form. The .pdf file contains your 'User ID' and your 'initial password'.

(ii) If your e-mail ID is not registered, please follow steps mentioned below in process for those Shareholders whose e-mail ids are not registered.

1. If you are unable to retrieve or have not received the "Initial password" or have forgotten your password:

a) Click on "Forgot User Details/Password?"(If you are holding shares in your demat account with NSDL or CDSL) option available on www.evoting.nsdl.com.

b) Physical User Reset Password?" (If you are holding shares in physical mode) option available on www.evoting.nsdl.com.

c) If you are still unable to get the password by aforesaid two options, you can send a request at evoting@nsdl.com mentioning your demat account number/folio number, your PAN, your name and your registered address etc.

d) Members can also use the OTP (One Time Password) based login for casting the votes on the e-Voting system of NSDL.

1. After entering your password, tick on Agree to "Terms and Conditions" by selecting on the check box.

2. Now, you will have to click on "Login" button.

3. After you click on the "Login" button, Home page of e-Voting will open.

STEP 2: CAST YOUR VOTE ELECTRONICALLY AND JOIN AGM ON NSDL E-VOTING SYSTEM.

How to cast your vote electronically and join AGM on NSDL e-Voting system?

1. After successful login at Step 1, you will be able to see all the companies "EVEN" in which you are holding shares and whose voting cycle and General Meeting is in active status.

2. Select "EVEN" of company for which you wish to cast your vote during the remote e-Voting period and casting your vote during the General Meeting. For joining virtual meeting, you need to click on "VC/OAVM" link placed under "Join Meeting".

3. Now you are ready for e-Voting as the Voting page opens.

4. Cast your vote by selecting appropriate options i.e., assent or dissent, verify/modify the number of shares for which you wish to cast your vote and click on "Submit" and also "Confirm" when prompted.

5. Upon confirmation, the message "Vote cast successfully" will be displayed.

6. You can also take the printout of the votes cast by you by clicking on the print option on the confirmation page.

7. Once you confirm your vote on the resolution, you will not be allowed to modify your vote.

INSTRUCTIONS FOR E-VOTING ON THE DAY OF AGM ARE AS UNDER:

1. The procedure for e-Voting on the day of the AGM is same as the instructions mentioned above for remote e-Voting.

2. Only those Members/Shareholders, who will be present in the AGM through VC/OAVM facility and have not

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casted their vote on the Resolutions through remote e-Voting and are otherwise not barred from doing so, shall be eligible to vote through e-Voting system in the AGM.

1. Members who have voted through Remote e-Voting will be eligible to attend the AGM. However, they will not be eligible to vote at the AGM.

2. The details of the person who may be contacted for any grievances connected with the facility for e-Voting on the day of the AGM shall be the same person mentioned for Remote e-Voting.

INSTRUCTIONS FOR MEMBERS FOR ATTENDING THE AGM THROUGH VC/OAVM ARE AS UNDER:

1. Member will be provided with a facility to attend the AGM through VC / OAVM through the NSDL e-Voting system. Members may access by following the steps mentioned above for Access to NSDL e-Voting system. After successful login, you can see link of "VC / OAVM link" placed under "Join meeting" menu against company name. You are requested to click on VC / OAVM link placed under Join Meeting menu. The link for VC / OAVM will be available in Shareholder / Member login where the EVEN of Company will be displayed. Please note that the members who do not have the User ID and Password for e-Voting or have forgotten the User ID and Password may retrieve the same by following the remote e-Voting instructions mentioned in the Notice to avoid last minute rush.

2. Members are encouraged to join the Meeting through Laptops for better experience. Further Members will be required to allow Camera and use Internet with a good speed to avoid any disturbance during the meeting. Please note that Participants connecting from Mobile Devices or Tablets or through Laptop connecting via Mobile Hotspot may experience Audio / Video loss due to fluctuation in their respective network. It is therefore recommended to use stable Wi-Fi or LAN connection to mitigate any kind of aforesaid glitches.

3. Members are encouraged to submit their questions in advance with regard to the financial statements or any other matter to be placed at the AGM from their registered e-mail address, mentioning their name, DP ID and Client ID number/folio number and mobile number to reach the Company's e-mail address at investor.relations@trent-tata.com on or before Saturday, 20th June 2026. Such questions by the Members shall be suitably replied to by the Company.

4. Members who would like to express their views / ask questions as a speaker at the Meeting may preregister themselves by sending their request from their registered e-mail address mentioning their name, DP ID and Client ID / folio number, PAN, mobile number at investor.relations@trent-tata.com from Wednesday, 17th June 2026 (9:00 a.m. IST) to Friday, 19th June 2026 (5:00 p.m. IST). Only those Members who have pre-registered themselves as a speaker will be allowed to express their views/ask questions during the AGM. The Company reserves the right to restrict the number of speakers depending on the availability of time for the AGM.

5. Members who need assistance before or during the AGM, can contact NSDL / Ms. Pallavi Mhatre, Assistant Vice President – NSDL on evoting@nsdl.com / 022 – 4886 7000.

General Guidelines for Shareholders

1. It is strongly recommended not to share your password with any other person and take utmost care to keep your password confidential. Login to the e-Voting website will be disabled upon five unsuccessful attempts to key in the correct password. In such an event, you will need to go through the "Forgot User Details/Password?" or "Physical User Reset Password?" option available on www.evoting.nsdl.com to reset the password.

2. In case of any queries, you may refer the Frequently Asked Questions (FAQs) for Shareholders and e-Voting user manual for Shareholders available at the download section of www.evoting.nsdl.com or call on: 022-4886 7000 or send a request to Ms. Pallavi Mhatre, Assistant Vice President – NSDL at evoting@nsdl.com.