UPL Limited — Capital/Financing Update 2021

Dec 23, 2021

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23[rd] December, 2021

BSE Limited National Stock Exchange of India Ltd Mumbai Mumbai

SCRIP CODE: 512070

SYMBOL: UPL

Sub: Listing of UPL’s ongoing GDR programme on the International Order Book (IOB), London Stock Exchange

Dear Sirs,

UPL has admitted its GDR programme (presently listed on Singapore Stock Exchange) for trading on the International Order Book (IOB), London Stock Exchange’s electronic trading platform for Global Depositary Receipts. The market value of the GDRs being admitted is approximately GBP 451 million (which represents about 8.16% of its underlined paid-up equity share capital).

Jai Shroff, Global Chief Executive Officer of UPL Limited, said

“We are delighted to be joining the London Stock Exchange and believe this will provide us an opportunity to diversify our investor base, as we continue to expand our business globally and reach more farming communities with our inclusive offering. We are transforming our business from products to a solutions business through our technology platform, wide portfolio of differentiated and bio-solution products, and our diverse and expansive product pipeline. Taken together, these agricultural solutions can significantly reduce carbon emissions, mitigate the impact of global warming, and deliver shared prosperity for our people and our planet. We are a purpose-led company and are committed to delivering value to all our stakeholders. We will continue to lead this mission by leveraging our robust and sustainable solutions portfolio, integrated manufacturing with a low operating cost structure, and commitment to maintain a healthy balance sheet.”

We request you to take the above information on record.

Thank you.

Yours faithfully, For UPL Limited

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Sandeep Deshmukh Company Secretary and Compliance Officer (ACS-10946)

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