United Breweries Ltd. - AGM Information 2023

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July 17, 2023

To, BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Listing Departments, Phiroze Jeejeebhoy Towers Exchange Plaza, 5[th] Floor, P. No. C/1, G Block Floor 25, Dalal Street, Bandra-Kurla Complex, Bandra (East), Mumbai - 400001 Mumbai – 400051 Scrip: 532478 Scrip: UBL

Dear Sir,

Sub: Notice of the 24[th] Annual General Meeting (AGM)

This is further to our letter dated June 05, 2023 wherein the Company had informed that the 24[th] Annual General Meeting (AGM) of the Company is scheduled to be held on Thursday, August 10, 2023 at 1.00 p.m. (IST) through Video Conference/Audio-Visual Means, in accordance with the relevant circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India (SEBI).

In compliance with the Companies Act, 2013, rules framed thereunder and in terms of the requirements of Regulation 34(1) of the Securities and Exchange Bord of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, please find enclosed Notice convening the 24[th] AGM of shareholders which has been sent to the shareholders through electronic mode.

The Notice of 24[th] AGM will be made available on the Company’s website at https://www.unitedbreweries.com/pdf/AGM/AGM-Notice-2023.pdf.

You are requested to kindly take the above information on record.

Thanking you,

Yours faithfully,

For UNITED BREWERIES LIMITED

Amit Digitally signed by Amit Khera Khera Date: 2023.07.17 18:41:39 +05'30'

________

AMIT KHERA

Company Secretary and Compliance Officer

Registered & Corporate Office: UB Tower, UB City, #24 Vittal Mallya Road, Bengaluru – 560001, INDIA Tel: (91-80) 45655000, Fax: (91-80) 22211964, 22229488, Email: [email protected] Corporate Identity Number: L36999KA1999PLC025195, Web Site: www.unitedbreweries.com

Notice of Annual General Meeting

NOTICE IS HEREBY GIVEN of the Twenty-Fourth Annual General Meeting of the Members of UNITED BREWERIES LIMITED (“the Company”) will be held on Thursday, August 10, 2023, at 1.00 p.m. (IST) through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”) for the following purposes:

ORDINARY BUSINESS:

To receive, consider and adopt the audited Financial Statements of the Company (including audited consolidated Financial Statements) for the year ended March 31, 2023, together with the Reports of the Auditors and Directors thereon.
To declare a Dividend on Equity Shares for the financial year ended March 31, 2023.
To appoint a Director in the place of Mr. Christiaan August Josef Van Steenbergen (DIN 07972769), who retires by rotation and being eligible, offers himself for re-appointment.

SPECIAL BUSINESS:

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

“ RESOLVED THAT pursuant to the provisions of Sections 149, 150 and 152 read with Schedule IV and all other applicable provisions, if any, of the Companies Act, 2013 (“Act”), and the Rules framed thereunder, Regulation 16, 17, 25 and all other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), relevant circulars issued by BSE Limited and National Stock Exchange of India Limited, subject to such approval, permission, consent, sanction, as may be required, under any other applicable laws and regulations (including any statutory modification(s) or re-enactment(s) thereof for the time being in force), in accordance with relevant provisions of the Articles of Association of the Company pursuant to the recommendation of the Nomination and Remuneration Committee and the Board of Directors of the Company (hereinafter referred to as the “Board” which term shall be deemed to include any Committee of the Board constituted to exercise its powers, including the powers conferred by this Resolution and / or such other persons as may be authorised in this regard by the Board and / or Committee) and subject to such approval, permission, consent, sanction as may be required, Mr. Subramaniam Somasundaram (DIN: 01494407), who was appointed as an Additional Director of the Company (in the capacity of an Independent Director) by the Board of the Company with effect from June 04, 2023 in terms of Section 161 of the Act, and in respect of whom the Company has received a notice from a Member proposing his candidature for the office of Director as an Independent Director under Section 160 of the Act, and who has submitted a declaration that he meets the criteria for independence as provided under Section 149(6) of the Act and Regulation 16(1) (b) of the SEBI Listing Regulations and being eligible for appointment under the provisions of the Act and the SEBI Listing Regulations, be and is hereby appointed as an Independent Director of the Company, not liable to retire by rotation, to hold office for a term of 5 (five) consecutive years with effect from June 04, 2023 to June 03, 2028.

RESOLVED FURTHER THAT the Board of the Company, be and is hereby authorised to do all such acts, deeds, matters and things, as it may, in its absolute discretion deem necessary, expedient or desirable, for and on behalf of the Company and to settle all such questions, difficulties or doubts whatsoever that may arise while giving effect to this resolution, without requiring the Board to secure any further consent or approval of the Members of the Company.”

Registered Office:

“UB TOWER”, UB CITY #24, Vittal Mallya Road Bengaluru - 560 001 Bengaluru, June 09, 2023

By Order of the Board of Directors For United Breweries Limited

Amit Khera Company Secretary & Compliance Officer Membership No.: ACS-10827

Notice

NOTES:

The Ministry of Corporate Affairs (‘MCA’), inter-alia, vide its General Circular Nos. 14 / 2020 dated April 8, 2020 and 17 / 2020 dated April 13, 2020, followed by General Circular Nos. 20 / 2020 dated May 5, 2020, General Circular Nos. 02 / 2021 dated January 13, 2021, General Circular Nos. 19 / 2021 dated December 8, 2021, General Circular Nos. 20 / 2021 December 14, 2021, General Circular Nos. 02 / 2022 May 5, 2022, and the latest being General Circular Nos. 10 / 2022 dated December 28, 2022 (collectively referred to as ‘MCA Circulars’) has permitted the holding of the Annual General Meeting (‘AGM’) through Video Conferencing (‘VC’) or through Other Audio-Visual Means (‘OAVM’), without the physical presence of the Members at a common venue.

Further, SEBI, vide its Circulars dated May 12, 2020, January 15, 2021, May 13, 2022, and January 5, 2023 (‘SEBI Circulars’) and other applicable circulars issued in this regard, have provided relaxations from compliance with certain provisions of the Listing Regulations.

In compliance with the applicable provisions of the Act, Listing Regulations and MCA Circulars, the 24[th] AGM of the Company is being held through VC / OAVM on Thursday, August 10, 2023, at 01:00 p.m. (IST). The Notice and the Annual Report 2022-2023 are being sent only by electronic mode to those Members whose Email addresses are registered with the Company / Depository Participant(s). Members may also note that the Notice and the Annual Report 2022-2023 are also available on the Company’s website, www.unitedbreweries.com and website of the Central Depository Services (India) Limited (CDSL) viz., https: / / www.evotingindia.com and the websites of the Stock Exchanges i.e., BSE Limited, and National Stock Exchange of India Limited, at https: / / www.bseindia.com and https: / / www.nseindia.com respectively.

Explanatory Statement pursuant to Section 102 of the Companies Act, 2013 (“the Act”) and Secretarial Standard-2 on General Meetings setting out material facts in respect of the special business to be transacted at the AGM is annexed.
As per the Act, a Member is entitled to attend and vote at the AGM or is entitled to appoint a proxy to attend and vote instead of himself / herself and such proxy need not be a Member of the Company. However, as this AGM is being conducted through VC / OAVM, the facility for appointment of Proxy by the Members is not available for this AGM and hence the Proxy Form, Attendance Slip and Route Map are not annexed to this Notice.
Participation of Members through VC / OAVM will be reckoned for the purpose of quorum for the AGM as per Section 103 of the Act.
Corporate Members intending to attend the AGM through VC / OAVM and vote thereat through remote e-voting are requested to send to the Company a certified true copy of the relevant Board Resolution together with the specimen signature(s) of the representative(s) authorised under the said Board Resolution (in PDF / JPG Format) to the Scrutinizer by Email through its registered Email address to [email protected] with a copy marked to [email protected] or upload on the VC / OAVM portal / e-voting portal.
Register of Members and the Share Transfer Books of the Company will remain closed from Friday, August 04, 2023, to Thursday, August 10, 2023 (both days inclusive).
Profile of Directors forms part of Corporate Governance Report. Details of Directors are also attached to this Notice, as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the “Listing Regulations”).

Notice

Dividend at the rate of Rs.7.50 per Equity Share of Re.1 / - each (i.e.,750%) for the financial year ended March 31, 2023, after declaration at this AGM shall be paid to the Members whose names appear:
(a) as Beneficial Owners as at the close of business hours on Thursday, August 03, 2023, as per the list to be furnished by the Depositories in respect of the Shares held in electronic form, and
(b) as Members in the Register of Members of the Company as on Thursday, August 03, 2023.
Members are requested to address all correspondence to the Registrar and Transfer Agent, Integrated Registry Management Services Private Limited (‘the RTA’), Unit: United Breweries Limited, 30, Ramana Residency, 4[th] Cross, Sampige Road, Malleswaram, Bengaluru-560 003, Karnataka, with respect to queries on dividend, annual report etcetera and also update their current mobile number, and Email-ID so that all notices and other statutory documents can be sent electronically, as a measure of “Green Initiative”.

As per the guidelines dated April 20, 2018, issued by the SEBI, inter-alia for payment of dividend, etc., Members are requested to provide to the RTA, the following documents for payment of dividend to their correct bank account.

(a) Original cancelled cheque leaf bearing the name of the Member / s. Alternatively, a copy of passbook or statement of account duly attested by the Bank may be provided.
(b) Copy of PAN card duly attested by the Bank.

Dividend once approved by the Members in the ensuing AGM, will be paid electronically through online transfer to those Members who have provided their bank account details. For Members who have not provided their bank account details, dividend warrants / demand drafts / cheques will be sent out to their registered addresses through postal facility.

As the Members may be aware, that in terms of the provisions of the Income Tax Act, 1961 (“IT Act”), as amended by the Finance Act, 2020, dividends paid or distributed by a Company on or after April 1, 2020, shall be taxable in the hands of the Members. Accordingly, the Company is required to deduct tax at source (“TDS”) at rates as applicable, at the time of making payment of the Dividend.
This communication provides a brief of the applicable TDS provisions under the IT Act for Resident and Non-Resident Member categories. The Members may note that the details as available on Book Closure date in the Register of Members / List of beneficial owners will be relied upon by the Company, for the purpose of complying with the applicable TDS provisions and payment of the Final Dividend.
The Company requests all the Members to kindly update the details mentioned herein in their respective demat account(s) maintained with the Depository Participant(s) (“DP”) for Equity Shares held in demat mode or with the RTA, in case of Equity Shares held in physical form, on or before Thursday, August 3, 2023, if not already done, as the same would be used for the purpose of complying with the applicable TDS provisions and filing of statement of specified financial transactions in terms of Section 285BA(1) of the IT Act:
Valid PAN
Residential status as per the IT Act
Category of the Members
E-mail address
Residential address

Notice

The details of TDS which would be applicable on the Final Dividend are as follows:

1. For Resident Members:

Category of Shareholder / Member	Tax Rate (TDS)	Documents Required
Individual Members whose PAN is registered with Depositories or Company’s RTA and not covered by the provision of Section 206AB of the IT Act and where PAN has not become inoperative	Nil, if the dividend does not exceed Rs. 5,000 or if Form 15G / 15H is provided. TDS @ 10%, if dividend exceeds Rs. 5,000 or if Form 15G / 15H is not Provided	No TDS will be done for individual Members in case Form 15G (for individuals) / Form 15H (for individuals above the age of 60) if specifed, conditions are fulflled and duly flled up in all respects is submitted along with self-attested copy of PAN card. Please note all felds are mandatory to be flled up and the Company may at its sole discretion reject the form if it does not fulfl the requirements of the IT Act and rules made thereunder.
Non-Individual Members whose PAN is registered with Depositories or Company’s RTA and not covered by the provision of Section 206AB of the IT Act and not having any exemption	10%	Not applicable
Members whose PAN is not registered with Depositories or Company’s RTA or Members covered by Section 206AB of the IT Act or Members whose PAN has become inoperative (please refer below with regard to applicability of Section 206AB or PAN becoming inoperative)	20%	Not applicable
Members who submit the lower deduction certifcate under Section 197 of the IT Act	Rate specifed in the Certifcate	Lower / Nil withholding tax certifcate obtained from the tax authority.
Mutual Funds covered under Section 196(iv) of the IT Act read with Section 10(23D) of the IT Act	Nil	a. Self-declaration stating that the Member is: • Mutual Fund as specifed in Section 10(23D) of the IT Act; • Covered by Section 196(iv) of the IT Act and; • Has full benefcial interest with respect to the shares owned b. Self-attested copy of registration certifcate c. Self-attested copy of PAN

Notice

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Category of
Tax Rate (TDS) Documents Required
Shareholder /Member
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Category of Shareholder /Member	Tax Rate (TDS)	Documents Required

Insurance Companies covered by 2ndproviso to Section 194 of the IT Act	Nil	a. Self-declaration stating that the Member has full benefcial interest with respect to the shares owned; b. Self-attested copy of registration certifcate; and c. Self-attested copyof PAN
Category I & II Alternate Investment Fund (“AIF”) covered by Notifcation no. 51 / 2015 dated 25thJune 2015	Nil	a. Self-declaration stating that the Member is: • Category I or Category II Alternative Investment Fund and is regulated by the SEBI • Covered by Notifcation No. 51 / 2015 and exempt under Section 10(23FBA) of the IT Act and has full benefcial interest with respect to the shares owned. b. Self-attested copy of SEBI Registration AIF certifcate c. Self-attested copyof PAN
Other Members whose income is unconditionally exempt (eg: entities under Section 10 of the IT Act and covered by the Central Board of Direct Taxes Circular No. 18 / 2017 dated 29th May, 2017, Central / State Government, etc)	Nil	a. Self-declaration stating that the Member is: • Unconditionally exempt under Section 10 of the IT Act, and statutorily not required to fle its Return of income as per Section 139 of the IT Act / is a Government Department / Reserve Bank of India • Covered under the relevant notifcation / circular • Has full benefcial interest with respect to the shares owned b. Self-attested copy of registration certifcate and c. Self-attested copyof PAN

Format for the aforementioned declarations have been attached herewith and the Members should use the same format to upload the declarations in the below mentioned URL of the RTA.

2. For Non-Resident Members:

Category of Shareholder / Member	Tax Rate (TDS)	Documents Required
Non-Resident Members [Including Foreign Institutional Investors (FII) / Foreign Portfolio Investors (FPI)] who are not covered by the provisions of Section 206AB of the IT Act	20% plus surcharge and cess or rate mentioned in Double Taxation Avoidance Agreement (“DTAA”), whichever is lower	Documents required to claim DTAA benefts: • Self-attested copy of PAN Card allotted by the Indian Income-tax Authorities. In case PAN is not available, self-declaration for the same • Self-attested copy of Tax Residency Certifcate obtained from the Tax Authorities of the country of which the Member is resident, valid for the fnancialyear 2023-2024

Notice

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Category of
Tax Rate (TDS) Documents Required
Shareholder / Member
• Copy of Form 10F filed on the income tax
e-filing portal for financial year 2023-24
• Self-declaration of having no Permanent
Establishment in India
• Self-declaration regarding beneficial
ownership, place of effective management
(POEM), General Anti-avoidance Rule (GAAR),
Principal Purpose Test, Simplified Limitation
of Benefit test (if applicable), as regards the
eligibility to claim recourse to concerned DTAA
• In case of FII / FPI, please also attach self-
attested copy of SEBI registration certificate
Non-resident Members who Rate specified in the Lower / Nil withholding tax certificate obtained
submit the lower deduction Certificate from the tax authority.
certificate under Section
197 of the IT Act
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It is recommended that members independently satisfy their eligibility to claim DTAA benefit including meeting of all conditions laid down by DTAA. Please note that the Company is not obligated to apply the beneficial DTAA rates at the time of tax deduction / withholding on dividend amounts. Application of beneficial DTAA rate shall depend upon the completeness and satisfactory review by the Company of the documents submitted by the Non-Resident Member.

Format for the aforementioned declarations have been attached herewith and the Members should use the same format to submit declarations to the Company.

HIGHER TDS FOR NON-FILERS OF INCOME TAX RETURN (“ITR”) AS PER SECTION 206AB OF THE IT ACT

Effective July 1, 2021, in terms of Section 206AB of the IT Act, in case of ‘Specified Person’ as prescribed therein, tax is to be deducted at higher of the following rates:

a. Twice the rate specified in the relevant provision of the IT Act; or
b. Twice the rate or rates in force; or
c. The rate of 5%

The Company will be using the functionality of the Income-tax department to determine the applicability of Section 206AB of the IT Act.

The ‘specifed person’ means a person who has:

not filed return of income for the assessment year relevant to the previous year immediately preceding the financial year in which tax is required to be deducted for which the time limit of filing return of income under sub-section (1) of Section 139 has expired; and
the aggregate of tax deducted / collected at source in his or her case is INR 50,000 or more in the said previous year.

Non-Resident Members who do not have permanent establishment is excluded from the scope of specified person.

Notice

Further, a person who is not required to furnish the return of income for the assessment year relevant to the said previous year and is notified by the Central Government in the Official Gazette in this behalf is excluded from the scope of specified person.

HIGHER TDS FOR NON-LINKING OF PAN WITH AADHAAR UNDER SECTION 139AA(2) OF THE IT ACT READ WITH RULE 114AAA REGARDING CONSEQUENCES OF PAN BECOMING INOPERATIVE

In terms of Section 139AA (2) of the IT Act read with Rule 114AAA, where a person, who has been allotted PAN as on the July 1, 2017, and is required to intimate his Aadhaar number, has failed to intimate the same on or before March 31, 2022, the PAN of such person shall become inoperative. As per Rule 114AAA (2), such inoperative PAN shall become operative once again within 30 days from the date of intimation of Aadhaar number.

As per Rule 114AAA (3) read with Circular 3 of 2023 dated March 28, 2023, in case a person whose PAN has become inoperative, TDS would need to be deducted at the higher rate with effect from July 1, 2023, in accordance with provisions of Section 206AA of the IT Act (i.e., at the rate of 20%).

The aforementioned provisions of linking PAN with Aadhaar number is not applicable to an individual who does not possess the Aadhaar number (or enrolment id) and is (i) residing in the States of Assam, Jammu and Kashmir, and Meghalaya; (ii) a non-resident as per the IT Act; (iii) of the age of eighty years or more at any time during the previous year; (iv) not a citizen of India in terms of Notification No. SO 1513(E) dated May 11, 2017.

MEMBERS HAVING MULTIPLE ACCOUNTS UNDER DIFFERENT STATUS / CATEGORY:

Members holding shares of the Company under multiple accounts, under different status / category and single PAN, may note that higher rate of tax, as applicable to the status in which Shares are held under the PAN will be considered on their entire holding in different accounts.

IN CASE WHERE DIVIDEND IS ASSESSABLE TO TAX IN THE HANDS OF PERSON OTHER THAN THE REGISTERED MEMBER

In terms of Rule 37BA of the Income-tax Rules, 1962, if dividend income on which tax will be deducted at source is assessable in the hands of a person other than the registered Member as on the Book Closure date, then the registered Member is required to submit a signed declaration (on letterhead) containing the name, address, PAN, residential status / category of the person to whom TDS credit is to be given and reasons for giving credit to such person, on or before August 31, 2023 (copy of format for declaration attached herewith). Please note that no request in this regard would be accepted / considered by the Company / RTA after the said date.

OTHERS

Equity Shares of the Company, which were transferred by the Company in the name of Investor Education and Protection Fund (“IEPF”) in terms of Section 124(6) of the Companies Act 2013 and Rules framed thereunder, the TDS shall be deducted basis the available details of the underlying Members.

SUBMISSION OF TAX RELATED DOCUMENTS

Members can submit their tax exemption forms and supporting documents as mentioned herein above duly completed and signed along with self-attested copy of PAN directly on the RTA’s web-portal (https: / / www.integratedindia.in / ExemptionFormSubmission_ubl.aspx) on or before Saturday, August 5, 2023 to enable the Company to determine and deduct appropriate tax. No communication on tax determination / tax deduction shall be entertained post Saturday, August 5, 2023, and August 31, 2023, in relation to request to pass on credit to person other than registered Member.

Documents already submitted or uploaded shall be considered valid if they are complete in all respects. In case of queries with respect to the process of uploading the said documents, Members

Notice

may write to the RTA at Email-ID [email protected] ONLY. No communication would be accepted from Members after 6.00 p.m. on Saturday, August 5, 2023, in relation on tax determination / tax deduction / withholding tax matters and in relation to Rule 37BA for request to pass on credit to person other than registered Members, no communication shall be entertained on or after Thursday, August 31, 2023, through Email or by post / courier / hand-delivery.

Please note that documents uploaded on the above web-portal will only be considered for computation of withholding tax. Members may also note that any other method or submission of documents will not be considered valid for tax determination / tax deduction / lower withholding tax matters, and the Company or the RTA will not be held responsible for deduction of tax at applicable rate.

For all self-attested documents, Members must mention on the document “certified true copy of the original”. For all documents being uploaded by the Member, the Member undertakes to send the original document(s) on request by the Company.

In case the aforesaid documents are not received on or before August 05, 2023, or in case of incompleteness or discrepancy in the documentation, tax will be deducted on the dividend amount at higher rates, without any further communication and No refund will be entertained by the Company.

In such cases, the Member would still have an option to file the return of income and claim appropriate refund, if eligible. No claim shall lie against the Company for such taxes deducted.

In case of joint Members, the Member named first in the Register of Members / list of Beneficial owners are required to furnish the requisite documents for claiming any applicable beneficial tax rate.

In the event of any income tax demand (including interest, penalty, etc.) arising from any misrepresentation, inaccuracy, suppression, or omission of information provided / to be provided by the Member, such Member will be responsible to indemnify the Company and, provide the Company with all information / documents and co-operation in any such proceedings.

The Company is obligated to deduct tax (TDS) based on records available with the RTA on the Book Closure date and no request will be entertained for revision of TDS return. Application of TDS rate is subject to, necessary verification of details as provided by the Members to the Company or to the RTA.

The tax credit can be viewed by Members in Form 26AS after October 31, 2023, by logging with their login credentials at ‘TRACES’ https: / / www.tdscpc.gov.in / app / login.xhtml or the e-filing website of the Income Tax department of India https: / / www.incometax.gov.in / home.

UPDATION OF BANK ACCOUNT DETAILS

While on the subject, Members are requested to ensure that their bank account details (IFSC Code, MICR, etc.) in their respective demat accounts (with the DP) / physical folios (with the RTA in Form ISR-1) are updated, to enable the Company to make timely credit of dividend in their bank accounts.

Above communication on TDS sets out the provisions of law in a summary manner only and does not purport to be a complete analysis or listing of all potential tax consequences.

Members are advised to consult with their own tax advisors for the tax provisions that may be applicable to them.

Unclaimed Dividend for the financial year ended March 31, 2016, will be due for transfer to the Investor Education and Protection Fund (IEPF) on November 9, 2023, in terms of the applicable provisions of the Act. Members who have not encashed the Dividend Warrants for the aforesaid Dividend are requested to approach the RTA of the Company. Further, the Equity Shares held by the Shareholders (either in physical form or in demat form) in respect of such unclaimed dividend which has not been encashed and in respect of which dividend

Notice

has not been claimed for last seven consecutive years shall also be transferred to the IEPF in terms of provisions of the Act and the Rules made thereunder.

Members may note that the Unclaimed Dividends which are transferred to the Fund can be claimed only by submitting an application in form IEPF-5 to the MCA available at website www.iepf.gov.in. Details of Unclaimed Dividend have been uploaded on the Company’s website www.unitedbreweries.com.
The Register of Directors and Key Managerial Personnel and their Shareholding maintained under Section 170 of the Act, and the Register of Contracts or Arrangements in which the Directors are interested, maintained under Section 189 of the Act, will be available electronically for inspection by the Members during the AGM, through the e-voting portal URL: https: / / www.evotingindia.com. All documents referred to in the Notice will also be available for electronic inspection without any fee by the Members from the date of circulation of this Notice up to the date of AGM, i.e., August 10, 2023. Members seeking to inspect such documents can send an Email to Company’s Email-ID: [email protected].
The Company has set up requisite facilities for dematerialisation of its Equity Shares in accordance with the provisions of the Depositories Act, 1996 with National Securities Depository Limited and Central Depository Services (India) Limited. The Company has entered into agreements with both the Depositories for the benefit of Shareholders. The International Securities Identification Number (ISIN) allotted to Equity Shares of the Company is INE686F01025.

With effect from January 24, 2022, SEBI has made it mandatory for listed companies to issue securities in demat mode only while processing any investor service requests viz. issuance of duplicate share certificates, exchange / subdivision / split / consolidation of securities, transmission / transposition of securities and claim from Suspense Escrow Demat Account. Vide its Circular dated January 25, 2022, SEBI has clarified that listed entities / RTAs shall issue a Letter of Confirmation in lieu of the share certificate while processing any of the aforesaid investor service requests.

Procedure for dematerialisation of physical shareholding is placed on the website of the Company and can be viewed using the webpage:

https://www.unitedbreweries.com/pdf/investorinfodividend/Guidance%20Note_Dematerialise%20Shares.pdf

As per the provisions of Section 72 of the Act, the facility for making nomination is available for the Members in respect of the shares held by them. Members who have not yet registered their nomination are requested to register the same by submitting Form No. SH-13. The form can be downloaded from the Company’s webpage: https: / / www.unitedbreweries.com / pdf / shareholding / Form_SH-13-Nomination_Form.pdf. Members are requested to submit these details to their Depository Participant (DP) in case the shares are held by them in electronic form, and to the RTA in case the shares are held in physical form.
Recorded transcript of this AGM will be made available on the website of the Company: www.unitedbreweries.com.

19. Voting through electronic means:

I. 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), Regulation 44 of the Listing Regulations, Secretarial Standards on General Meetings (SS-2) issued by the Institute of Company Secretaries of India and the Circulars mentioned above issued by the MCA, the Company has provided to its shareholders, the facility to exercise their right to vote in respect of businesses to be transacted at this AGM by electronic voting system provided by CDSL.

Notice

II. Cut-off-Date for the purpose of ascertaining Members who are eligible to receive this Notice is Friday, July 07, 2023. The cut-off-date for the purpose of determining the eligibility to vote by electronic means and at the AGM is Thursday, August 03, 2023 (the “Cut-off-Date”) . Only the Members 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 shall be entitled to avail the facility of remote e-voting as well as voting at the AGM.

A person who is not a Member as on the Cut-off-Date should treat this Notice for information purpose only.

III. Remote e-voting period commences on Monday, August 07, 2023, at 9.00 a.m. and ends on Wednesday, August 9, 2023, at 5.00 p.m. During this period, Members of the Company, holding Shares either in physical form or in dematerialised form, as on Cut-off-Date i.e., Thursday, August 03, 2023, may cast their vote by remote e-voting. Thereafter remote e-voting module shall be disabled by CDSL for voting. Once the vote on a Resolution is cast by the Member, the Member will not be allowed to change it subsequently or cast the vote again.
IV. In order to increase the efficiency of the voting process, SEBI has decided to enable e-voting to all the demat account holders (including public non-institutional Shareholders / retail Shareholders) by way of a single login credentials, through their Demat accounts or websites of Depositories / Depository Participants (DPs). Demat account holder shall be able to cast their vote without having to register again with the e-voting service providers.
V. Information and instructions to individual Shareholders holding Shares in Demat mode: (Remote e-voting and e-voting at the AGM).

	Login method	Login method
Individuals holding shares through Depository – CDSL	1) 2) 3) 4)	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. The URL for users to login to Easi / Easiest are: https://web.cdslindia.com/myeasinew/home/loginor visitwww.cdslindia.comand click on Login icon and select New System Myeasi. After successful login the Easi / Easiest user will be able to see the e-voting option for eligible companies where the e-voting is in progress as per the information provided by Company. On clicking the e-voting option, the user will be able to see e-voting page of the e-voting service provider for casting vote during the remote e-voting period or joining virtual meeting & voting at the AGM. Additionally, there are links provided to access the system of all e-voting Service Providers i.e., CDSL / NSDL / KARVY / LINKINTIME, so that the user can visit the e-voting service providers’ website directly. If the user is not registered for Easi / Easiest, option to register is available at https://web.cdslindia.com/myeasinew/Registration/EasiRegistration. Alternatively, the user can directly access e-voting page by providing Demat Account Number and PAN No. from a e-voting link available onwww.cdslindia.comhome page. The system will authenticate the user by sending OTP on registered Mobile & Email as recorded in the Demat Account. After successful authentication, user will be able to see the e-voting option where the e-voting is in progress and also able to directlyaccess the system of all e-votingserviceproviders.

Notice

Login method

	Login method	Login method
Individuals holding shares through Depository – NSDL	1) 2) 3)	If you are already registered for NSDL IDeAS facility, please visit the e-Services website of NSDL. Open web browser by typing the URL:https: / / eservices.nsdl.comeither on a Personal Computer or on a mobile. Once the home page of e-Services is launched, click on the “Benefcial Owner” icon under “Login” which is available under ‘IDeAS’ section. A new screen will open. You will have to enter your User ID and Password. After successful authentication, you will be able to see e-voting 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 name and you will be re-directed to e-voting service provider website for casting your vote during the remote e-voting period or joining virtual meeting & voting at the AGM. If the user is not registered for IDeAS e-Services, option to register is available at https:// eservices.nsdl.com. Select “Register Online for IdeAS Portal” or click on: https://eservices.nsdl.com/SecureWeb/IdeasDirectReg.jsp Visit the e-voting website of NSDL. Open web browser by typing the URL https://www.evoting.nsdl.comeither on a Personal Computer or on a mobile. Once the home page for e-voting 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 Verifcation Code is shown on the screen. After successful authentication, you will be redirected to NSDL site wherein you can see e-voting page. Click on Company name or e-voting service provider name and you will be redirected to e-voting service provider website for casting your voteduring the remote e-voting period or joining virtual meeting& votingat the AGM.
Individuals – Login through their respective Depository Participant	You can also login using the login credentials of your demat account through your Depository Participant registered with NSDL / CDSL for e-voting facility. After successful login, you will be able to see e-voting option. Once you click on e-voting option, you will be redirected to NSDL / CDSL site after successful authentication, wherein you can see e-voting feature. Click on Company name or e-voting service provider name and you will be redirected to e-voting service provider website for casting your vote during the remote e-voting period orjoiningvirtual meetingand votingat the AGM.

Note: Members who are unable to retrieve User ID / Password are advised to use Forget User ID and Forget Password option, available at above mentioned website.

VI. Instructions to corporate, institutional investors, custodians and shareholders holding shares in physical mode: (Remote e-voting and e-voting at the AGM)

(i) The Shareholders should login to the e-voting website https: / / www.evotingindia.com
(ii) Click on “Shareholders” module.
(iii) Enter your User ID:
a. For CDSL: 16 Digits Beneficiary ID,
b. For NSDL: 8 Characters DP ID followed by 8 Digits Client ID,
c. Shareholders holding Shares in Physical Form should enter Folio Number registered with the Company.

Notice

(iv) Enter the Image Verification as displayed and Click on Login.
(v) If you are holding shares in demat mode and had logged in to https: / / www.evotingindia.com and voted on an earlier e-voting of any Company, then your existing password is to be used.
(vi) If you are a first-time user follow the steps given below:

PAN	(i) Enter your 10-digit alpha-numeric PAN issued by Income Tax Department (Applicable for both demat shareholders as well as physical shareholders). (ii) Shareholders who have not updated their PAN with the Company / Depository Participant are requested to use the sequence number. Please send a request to RTA’s Email-ID:[email protected] get sequence number.
Dividend Bank details OR Date of Birth (DOB)	(i) Enter the Dividend Bank details or Date of Birth in (dd / mm / yyyy) as recorded in your demat account or in the Company records in order to login. (ii) If both the details are not recorded with the depository or Company please enter the Member-id / folio number in the Dividend Bank details feld as mentioned in instruction.

(vii) After entering these details appropriately, click on “SUBMIT” tab:
(viii) Shareholders holding shares in demat mode will reach ‘Password Creation’ menu wherein they are required to mandatorily enter their login password in the new password field. Kindly note that this password is to be also used by the demat holders for voting for Resolutions of any other Company on which they are eligible to vote, provided that Company opts for e-voting through CDSL platform.
(ix) Shareholders holding shares in physical mode will directly reach the Company selection screen. The details can be used only for e-voting on the Resolutions contained in this Notice.
(x) Click on the EVSN number. A voting page will open containing Resolutions to be passed by Members of “United Breweries Limited” on which you may choose to vote.
(xi) On the voting page, you will see “RESOLUTION DESCRIPTION” and against the same the option “YES / NO” for voting. Select the option YES or NO as desired. The option YES implies that you assent to the Resolution and option NO implies that you dissent to the Resolution.
(xii) Click on the “RESOLUTIONS FILE LINK” if you wish to view the Resolutions.
(xiii) After selecting the Resolutions, if you have decided to vote, click “SUBMIT”. A confirmation box will be displayed. If you wish to confirm your vote, click “OK”, else to change your vote, click “CANCEL” and accordingly modify your vote.
(xiv) Once you “CONFIRM” your vote on the Resolution, you will not be allowed to modify your vote.
(xv) You can also take a print of the votes cast by clicking on “CLICK HERE TO PRINT” option on the voting page.
(xvi) If a demat account holder has forgotten the login password, then Enter the User ID and the image verification code and click on Forgot Password by entering the details as prompted by the system.
(xvii) Alternate method of Remote e - voting – corporates, institutional investors, and custodians
a) Non-Individual shareholders viz., corporates, institutional investors and custodians may also login to https: / / www.evotingindia.com and register themselves in the “Corporates” module.
b) A scanned copy of the Registration Form bearing stamp and sign of the entity should be emailed to [email protected].

Notice

c) After receiving the login details a Compliance User should be created using the admin login and password. The Compliance User would be able to link the account(s) for which they wish to vote on.
d) The list of accounts linked in the login should be mailed to [email protected] and on approval of the accounts they would be able to cast their vote.
e) A scanned copy of the Board Resolution and Power of Attorney (POA) which they have issued in favour of the Custodian, if any, should be uploaded in PDF format in the system for the scrutinizer to verify the same.
f) Alternatively, Non-Individual shareholders are required to send scanned copy (in PDF / JPG format) of the relevant Board Resolution / Authority letter etc. together with attested specimen signature of the duly authorised signatory who are authorised to vote, to the Scrutiniser by E-mail to [email protected] and to the Company at the E-mail address [email protected], if they have voted from individual tab & not uploaded same in the CDSL e-voting system for the scrutiniser to verify the same.

VII. Instructions for e-voting at the AGM:

The procedure for attending meeting and voting on the day of the AGM is same as the instructions mentioned above for Remote e-voting.
The link for VC / OAVM to attend meeting will be available where the EVSN of Company will be displayed after successful login as per the instructions mentioned above for Remote e-voting.
Only those shareholders, who are present at the AGM through VC / OAVM facility and have not cast 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 available at the AGM.
If vote is already cast through Remote e-voting, such shareholder cannot cast vote at the AGM again.

GENERAL

It is strongly recommended that you do not 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 https: / / www.evotingindia.com to reset the password.

VIII. Person(s) who becomes a Member(s) of the Company after the dispatch of Notice and holding shares as of the Cut-off-Date, may refer to the Notice available in Company’s website www.unitedbreweries.com or in CDSL’s e-voting website i.e., https: / / www.evotingindia.com under Notices / Results option and follow e-voting procedure mentioned in the Notice. However, if the Member is already registered with CDSL for remote e-voting then the existing User ID and Password can be used for casting vote.

IX. You can also update your mobile number and e-mail ID in the user profile details of the folio which may be used for sending future communication(s).
X. Members may participate in the AGM through VC / OAVM even after casting their votes through remote e-voting but shall not be allowed to cast vote again at the AGM. The facility for e-voting shall also be made available at the AGM and Members attending the AGM through VC / OAVM and who have not cast their vote on the Resolutions through remote e-voting shall be able to exercise their right to vote through e-voting at the AGM.
XI. The voting rights of shareholders shall be in proportion to the number of Shares held in the paid-up Equity Share Capital of the Company as on the Cut-off Date i.e., Thursday, August 03, 2023.

Notice

XII. The Chairman of the AGM, after discussions on the Resolutions, shall allow voting by use of “e-voting” for all Members who are present at the AGM and who have not cast their votes earlier using the e-voting facility.
XIII. Mr. Pramod S M, Company Secretary in Practice, Partner BMP & Co., LLP (Membership No. FCS7834, CP13784) has been appointed as the Scrutinizer to scrutinize the voting and remote e-voting process in a fair and transparent manner.
XIV. The Scrutinizer shall immediately after the conclusion of voting at the AGM unblock the votes cast through remote e-voting and votes cast at the AGM, in the presence of at least two witnesses not in the employment of the Company and shall make, not later than three days of the conclusion of the AGM, a consolidated Scrutinizer’s report (both remote e-voting and voting at the AGM) of the total votes cast in favour or against, if any, to the Chairman of the AGM or a person authorised by him in writing, who shall countersign the same and declare the result of the voting forthwith.
XV. The results declared along with the report of the Scrutinizer will be placed on the website of the Company viz., www.unitedbreweries.com and on the website of CDSL immediately after the results are declared by the Chairman of the AGM or a person authorized by him and will be simultaneously communicated to the stock exchanges on which the securities of the Company are listed.
XVI. 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 https: / / www.evotingindia.com or send a request through E-mail to: [email protected]. Shareholders may also contact (i) Mr. Rakesh Dalvi, Senior Manager of CDSL on Tel. No.: 022-2305 8542 or (ii) Mr. Vijayagopal of Integrated Registry Management Services Private Limited, Tel. Nos.: 080-2346 0815 to 080-2346 0818 and at the designated Email-ID: [email protected] or (iii) Mr. Santosh Rajput, an official of the Company on E-mail-ID: [email protected] for any grievances connected with voting by electronic means.
XVII. Disclosures contained in this Notice and the Explanatory Statement are made in compliance with Regulation 36(3) of the Listing Regulations and Secretarial Standards on General Meeting (SS-2) prescribed by The Institute of Company Secretaries of India.

20. Guidance for participation at the AGM:

Shareholders may join the meeting following same procedure as mentioned in the e-voting instructions. Please note that login procedure for voting and to join the meeting is revised and you are requested to follow the revised procedure to login. Shareholders are requested to refer e-voting instructions and meeting joining procedure as mentioned above in the notice. The link for VC / OAVM will be available in Shareholder / Members login where the EVSN of Company will be displayed. Shareholders need to use their 16-digit Demat Account Number or Folio Number as User ID. In case any shareholder forgets ‘password’ they can retrieve the same by clicking on ‘forgot password’ option. System will then prompt for validation and shareholders will get the password on their registered Email-ID.
The VC / OAVM facility allows participation of at least 1,000 Members on a first-come-first-serve basis. Large shareholders (i.e., shareholders holding 2% or more shareholding), Promoter, Institutional Investors, Directors, Key Managerial Personnel, Chairman / Chairpersons of Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee, Auditors, etc. are allowed to attend the AGM without restriction on account of first-come-first-serve basis.
The facility for joining AGM through the VC / OAVM facility will be enabled 30 minutes before the scheduled start-time of the AGM and will be available for Members on first-come-first-serve basis.

Notice

Members are requested to join the AGM through desktops / laptops for better experience and smooth participation. Further, Members are required to allow Camera and use Internet with a high-speed for seamless participation at the AGM.
Please note that participants connecting from mobile devices (smartphones) or tablets, or through laptop using mobile hotspot may experience audio / video loss due to fluctuation in their respective internet bandwidth connection / network. It is therefore recommended to use a stable Wi-Fi or LAN connection to mitigate any kind of aforementioned glitches.
Members who would like to express their views or ask questions at the AGM may register themselves as a speaker and send their request mentioning their name, demat account number / folio number, Email-ID, mobile number at Company’s Email-ID: [email protected]. Only those shareholders who have registered themselves as a “SPEAKER” at least 72 hours in advance will be allowed to express their views / ask questions during the AGM. The Company may limit the number of speakers and / or abate limited time for speaking at the AGM.
Helpdesk for technical assistance:

	Helpdesk details
Shareholders holding shares in Demat mode throughCDSL	Members facing any technical issue in login can contact CDSL helpdesk by sending a request [email protected] contact at 022-23058738 and 23058542-43.
Shareholders holding shares in Demat mode throughNSDL	Members facing any technical issue in login can contact NSDL helpdesk by sending a request [email protected] call at toll free no.: 1800 1020 990 and 1800 22 44 30.

EXPLANATORY STATEMENT AS REQUIRED UNDER SECTION 102 OF THE COMPANIES ACT, 2013

Item No. 4

Mr. Subramaniam Somasundaram (DIN 01494407) has been appointed as an Additional Director (in the category of Independent Director) of the Company effective June 04, 2023, pursuant to Section 161 of the Companies Act, 2013 (the “Act”) based on the recommendation by the Nomination and Remuneration Committee. Mr. Subramaniam Somasundaram qualifies to be appointed as an Independent Director for a term of up to 5 years. The Board noted that Mr. Subramaniam’s skills, knowledge, and experience are aligned to the role and capabilities and that he is eligible for appointment as an Independent Director.

A notice in writing under Section 160 of the Act has been received by the Company from a Member signifying his intention to propose the appointment of Mr. Subramaniam Somasundaram, as a Director of the Company. The Company has also received from Mr. Subramaniam a) consent in writing to act as Director in Form DIR-2 pursuant to Rule 8 of the Companies (Appointment & Qualification of Directors) Rules, 2014, b) intimation in Form DIR-8 in terms of the Companies (Appointment & Qualification of Directors) Rules, 2014, to the effect that he is not disqualified under Section 164(2) of the Act, c) a declaration to the effect that he meets the criteria of independence as provided under Section 149(6) of the Act and Rules framed thereunder and Regulation 16(1)(b) of the SEBI Listing Regulations, d) Declaration that he has not been debarred from holding office of a Director by virtue of any Order passed by the Securities and Exchange Board of India or any other such authority.

Further, Mr. Subramaniam has confirmed 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 as an Independent Director of the Company. Mr. Subramaniam has confirmed that he is in compliance with Rules 6(1) and 6(2) of the Companies

Notice

(Appointment and Qualification of Directors) Rules, 2014, with respect to his registration with the data bank of Independent Directors maintained by the Indian Institute of Corporate Affairs.

In the opinion of the Board, Mr. Subramaniam is a person of integrity and fulfils the conditions specified under the Act read with Rules thereunder and the SEBI Listing Regulations for his appointment as an Independent Director of the Company.

Mr. Subramaniam was the Chief Financial Officer (CFO) of ‘Titan Company Limited’ for over a decade till his superannuation in June 2021. During the stint with Titan, he was also on the Board of its subsidiaries Caratlane Trading Private Limited, and Titan Engineering and Automation Limited, and the Joint Venture, Montblanc India Private Limited. He is currently Independent Director on the Boards of Teamlease Services Limited, API Holdings Limited (Pharmeasy), Honasa Consumer Limited (Mamaearth), Avanti Finance Private Limited and Landmark Retail FZE (Dubai).

Before joining Titan, he was in the Telecom industry for over 11 years including stints of CFO for BPL Mobile Group and Chief Executive Officer for BPL Mobile operations in Mumbai. As CFO of the telecom verticals in Essar Group he worked extensively in setting up its foray into greenfield telecom operations in Africa. He started his career with ITC Limited in India and then had a stint with Mannai Corporation, Doha.

Mr. Subramaniam is a Chartered Accountant and Cost Accountant by qualification with over 35 years of post-qualification experience in Finance, Strategy and Business roles.

Mr. Subramaniam shall not be entitled to any stock option. He will be paid a base fixed fee which includes a commission and sitting fees for attending meetings of Board and Committees, in which he is a Chairman / Member. The base fixed fee will be paid annually after the results are approved by the Board for previous financial year. Mr. Subramaniam shall not be liable to retire by rotation.

Other details of Mr. Subramaniam Somasundaram have been provided in the annexure to this Notice.

The Board is of the opinion that Mr. Subramaniam’s extensive finance and leadership experience will add value and enriched point of view during Board discussions and decision making.

In terms of Sections 149 and 152 read with Schedule IV and any other applicable provisions, if any, of the Act and Rules made thereunder and SEBI LODR Regulations, it is proposed that Mr. Subramaniam Somasundaram be appointed as an Independent Director to hold office for a term of five years i.e., up to June 03, 2028.

Other than Mr. Subramaniam Somasundaram, none of the Directors, Key Managerial Personnel of the Company, and their relatives, are concerned or interested in the above Resolution.

Your Directors recommend the Resolution set out in Item No.4 as a Special Resolution for your approval.

By Order of the Board of Directors For United Breweries Limited

	By Order of the Board of Directors
Registered Offce:	ForUnited Breweries Limited
“UB TOWER”, UB CITY
#24, Vittal Mallya Road	Amit Khera
Bengaluru - 560 001	Company Secretary & Compliance Offcer
Bengaluru, June 09, 2023	Membership No.: ACS-10827

Notice

DETAILS REQUIRED IN REGULATION 36 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 AND SECRETARIAL STANDARDS ON GENERAL MEETINGS.

==> picture [498 x 66] intentionally omitted <==

PARTICULARS	DIRECTOR SEEKING RE-APPOINTMENT	DETAILS OF NEW DIRECTOR
	Mr. Christiaan August Josef Van Steenbergen	Mr. Subramaniam Somasundaram

Educational qualifcation	Law	Chartered Accountant and Cost Accountant
Experience	40 plus years	35 plus years
Expertise in specifc functional area	Legal and Human Resource	Finance, Strategy and Business roles
Skills and Capabilities	• Business Strategy, Brand Building & Leadership • Legal & Human Resource • Industry Knowledge	• Business Strategy, Brand Building & Leadership • Strategic Planning • Financial Management & Economics • General Administration
Director Identifcation No.	07972769	01494407
Date of Appointment	08.11.2017	04.06.2023
Date of birth / age	17.05.1956 / 67 years	28.11.1960 / 62 years
Directorships held in other listed Companies in India	NIL	One
Membership in Committees in UBL	i. Nomination and Remuneration Committee ii. Corporate Social Responsibility/ Environmental, Social and Governance Committee iii. Stakeholders Relationship/Share Transfer Committee iv. Special Purpose Committee	Audit Committee
Membership/chairmanship of committees in other listed companies	NIL	Teamlease Services Limited •Risk Management Committee – Chairman •Audit Committee – Member
Shareholding in UBL	NIL	NIL
Number of Board Meetings attended during the year	08	Not Applicable

Notice

==> picture [498 x 390] intentionally omitted <==

----- Start of picture text -----

DIRECTOR SEEKING
DETAILS OF NEW DIRECTOR
RE-APPOINTMENT
PARTICULARS
Mr. Christiaan August Josef Van
Mr. Subramaniam Somasundaram
Steenbergen
Sitting fees / Commission Entitled to receive annually a base fixed Entitled to receive annually a base fixed
fee (which includes sitting fees and fee (which includes sitting fees and
commission) at the discretion of the commission) at the discretion of the
Board as applicable to Non-Executive Board as applicable to Non-Executive
Directors including Independent Directors including Independent
Directors. Directors.
Disclosure of relationship between Mr. Christiaan Van Steenbergen is Mr. Subramaniam Somasundaran is
Directors inter-se or between the not related to any other Director / Key not related to any other Director / Key
Director and the Manager and Managerial Personnel / Manager of the Managerial Personnel / Manager of the
other Key Managerial Personnel Company. Company.
of the Company
Terms and conditions of Terms and conditions as specified in Five years – up to June 03, 2028.
appointment the letter of appointment. Conditions as specified in the letter of
appointment.
Details of the remuneration
last drawn by such person, if NIL Not Applicable
applicable
Brief resume of the Director Forms part of Corporate Governance Forms part of explanatory statement
Report of this Notice.
----- End of picture text -----

[This space has been intentionally left blank]

United Breweries Limited

Registered Office: “UB Tower”, UB City, #24, Vittal Mallya Road, Bengaluru-560 001. Phone: +91-80-45655000 Fax: +91-080-22211964, 22229488

CIN: L36999KA1999PLC025195 Email: [email protected] Website: www.unitedbreweries.com

AI assistant

United Breweries Ltd. AGM Information 2023

61982_rns_2023-07-17_fa8633b5-00f5-46ec-bb67-aa21153679ed.pdf

July 17, 2023

Sub: Notice of the 24[th] Annual General Meeting (AGM)

For UNITED BREWERIES LIMITED

Notice of Annual General Meeting

ORDINARY BUSINESS:

SPECIAL BUSINESS:

Registered Office:

NOTES:

1. For Resident Members:

2. For Non-Resident Members:

HIGHER TDS FOR NON-FILERS OF INCOME TAX RETURN (“ITR”) AS PER SECTION 206AB OF THE IT ACT

HIGHER TDS FOR NON-LINKING OF PAN WITH AADHAAR UNDER SECTION 139AA(2) OF THE IT ACT READ WITH RULE 114AAA REGARDING CONSEQUENCES OF PAN BECOMING INOPERATIVE

MEMBERS HAVING MULTIPLE ACCOUNTS UNDER DIFFERENT STATUS / CATEGORY:

IN CASE WHERE DIVIDEND IS ASSESSABLE TO TAX IN THE HANDS OF PERSON OTHER THAN THE REGISTERED MEMBER

OTHERS

SUBMISSION OF TAX RELATED DOCUMENTS

UPDATION OF BANK ACCOUNT DETAILS

19. Voting through electronic means:

A person who is not a Member as on the Cut-off-Date should treat this Notice for information purpose only.

Login method

VI. Instructions to corporate, institutional investors, custodians and shareholders holding shares in physical mode: (Remote e-voting and e-voting at the AGM)

VII. Instructions for e-voting at the AGM:

GENERAL

20. Guidance for participation at the AGM:

EXPLANATORY STATEMENT AS REQUIRED UNDER SECTION 102 OF THE COMPANIES ACT, 2013

Item No. 4

Notice

DETAILS REQUIRED IN REGULATION 36 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 AND SECRETARIAL STANDARDS ON GENERAL MEETINGS.

United Breweries Limited

AI assistant

United Breweries Ltd. — AGM Information 2023

61982_rns_2023-07-17_fa8633b5-00f5-46ec-bb67-aa21153679ed.pdf

July 17, 2023

Sub: Notice of the 24[th] Annual General Meeting (AGM)

For UNITED BREWERIES LIMITED

Notice of Annual General Meeting

ORDINARY BUSINESS:

SPECIAL BUSINESS:

Registered Office:

NOTES:

1. For Resident Members:

2. For Non-Resident Members:

HIGHER TDS FOR NON-FILERS OF INCOME TAX RETURN (“ITR”) AS PER SECTION 206AB OF THE IT ACT

HIGHER TDS FOR NON-LINKING OF PAN WITH AADHAAR UNDER SECTION 139AA(2) OF THE IT ACT READ WITH RULE 114AAA REGARDING CONSEQUENCES OF PAN BECOMING INOPERATIVE

MEMBERS HAVING MULTIPLE ACCOUNTS UNDER DIFFERENT STATUS / CATEGORY:

IN CASE WHERE DIVIDEND IS ASSESSABLE TO TAX IN THE HANDS OF PERSON OTHER THAN THE REGISTERED MEMBER

OTHERS

SUBMISSION OF TAX RELATED DOCUMENTS

UPDATION OF BANK ACCOUNT DETAILS

19. Voting through electronic means:

A person who is not a Member as on the Cut-off-Date should treat this Notice for information purpose only.

Login method

VI. Instructions to corporate, institutional investors, custodians and shareholders holding shares in physical mode: (Remote e-voting and e-voting at the AGM)

VII. Instructions for e-voting at the AGM:

GENERAL

20. Guidance for participation at the AGM:

EXPLANATORY STATEMENT AS REQUIRED UNDER SECTION 102 OF THE COMPANIES ACT, 2013

Item No. 4

Notice

DETAILS REQUIRED IN REGULATION 36 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 AND SECRETARIAL STANDARDS ON GENERAL MEETINGS.

United Breweries Limited

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United Breweries Ltd. AGM Information 2023