Trident Ltd — Remuneration Information 2023

Mar 28, 2023

TRIDENT/CS/2023 March 28, 2023

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Na�onal Stock Exchange of India Limited

Exchange Plaza, Plot No. C/1, G Block Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Scrip Code: TRIDENT

BSE Limited

Phiroze Jeejeebhoy Towers Dalal Street, Mumbai – 400 001 Scrip Code: 521064

Sub: Outcome of Nomina�on and Remunera�on Commi�ee mee�ng

Dear Sir / Madam,

In terms of Regula�on 30 and other applicable provisions of the SEBI (Lis�ng Obliga�ons and Disclosure Requirements) Regula�ons, 2015, this is to inform that a mee�ng of the Nomina�on and Remunera�on Commi�ee (‘Commi�ee’) of Trident Limited (the “Company”) was held today i.e. March 28, 2023. The Commi�ee discussed and passed the following:

1. Approved the winding-up of exis�ng Trident Limited Employee Stock Purchase Scheme – 2020

2. Approved the excess monies or shares remaining with the trust a�er mee�ng all the obliga�ons, if any, to be u�lised for repayment of loan to Trident Limited and subject to approval of the shareholders, be transferred to another scheme under the Securi�es and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regula�ons, 2021 (details enclosed as Annexure-I ).

Thanking you,

Yours faithfully,

For Trident Limited Digitally signed by HARI KRISHAN DN: c=IN, o=Personal, 2.5.4.20=c9fde4193e20f1e8b95d484e29816ace4960 HARI e52f3dc34edd0532ba0eaf8695aa, postalCode=141001, st=PUNJAB, serialNumber=ea533b4c2729ed8d50a21ffd76d3a9a 9a834a51811b922737d7de692215d913e, cn=HARI KRISHAN, l=LUDHIANA, title=6962, KRISHAN pseudonym=696220210709111712472, email=HARIKRISHAN@TRIDENTINDIA.COM Date: 2023.03.28 20:29:12 +05'30' (Hari Krishan) Company Secretary

Encl: As above

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28/03/2023

TL/2023/031855

Annexure-I

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Pursuant to Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015

Brief details of op�ons granted

The Commi�ee has approved u�liza�on of the excess monies and 6,23,28,640 shares remaining in Trident Limited Employees Welfare Trust a�er the winding-up of Trident Limited Employee Stock Purchase Scheme – 2020.

The following new schemes has been approved subject to the approval of Board and Shareholders:

1. Trident Limited Employee Stock Op�on Scheme – 2023

2. Trident Limited General Employee Benefits Scheme – 2023 Whether the scheme is in terms of SEBI (SBEB) Yes Regula�ons, 2014 (if applicable) Total number of shares covered by these op�ons There are no op�ons granted by the Nomina�on and Remunera�on Commi�ee in its mee�ng held on March 28, Pricing formula 2023. The Commi�ee has approved the excess monies or shares Op�ons vested remaining with the trust a�er mee�ng all the obliga�ons, if any, to be u�lised : Time within which op�on may be exercised Op�ons exercised 1. for repayment of loan to Trident Limited; and Money realized by exercise of op�ons 2. be transferred to another scheme in terms of Securi�es and Exchange Board of India (Share Based Employee Benefits The total number of shares arising as a result of exercise and Sweat Equity) Regula�ons, 2021. of op�on Op�ons lapsed Varia�on of terms of op�ons Brief details of significant terms Subsequent changes or cancella�on or exercise of such op�ons Diluted earnings per share pursuant to issue of equity There would not be any dilu�on of shareholding of exis�ng shares on exercise of op�ons shareholders and no increase in equity base of the Company. The scheme will be implemented through Trident Limited Employee Welfare Trust, which already has acquired shares through the secondary market.

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28/03/2023

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