Varun Beverages Limited — Board/Management Information 2021

Feb 16, 2021

Corporate O ff: Plot No.31, Institutional Area, Sec.-44, Gurgaon, Haryana-122002 (India) Ph.: +91-124-4643100-500 • Fax: +91-124-4643303/04 E-m a il: info@rjcorp.in • Visit us a t : www.varunpepsi.com CIN No. : L74899DL1995PLC069839

February 16, 2021

To, National Stock Exchange of India Ltd. Exchange Plaza, Block G, C /l, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051 Email: cmlist@nse.co.in Symbol: VBL_____________________

BSE Limited Phiroze Jeejeebhoy Towers Dalai Street, Mumbai - 400 001 Email: corp.relations@bseindia.com Security Code: 540180_______

Subject: Regulation 30: Outcome of the Board Meeting

Dear Sir/Madam,

The Board of Directors at their meeting held today (started at 11:00 A.M. and concluded at 11:45 A.M.) inter-alia considered and approved the following:

1. The Audited Financial Results of the Company (Standalone and Consolidated) for the Financial Year ended December 31, 2020 (Copy of the same along-with Audit Report issued by M/s. Walker Chandiok & Co., LLP, Chartered Accountants and M/s. APAS & Co., Chartered Accountants, Joint Statutory Auditors of the Company, with unmodified opinion are attached and the same are being uploaded on website of the Company).

2. To convene 26th Annual General Meeting ("AGM") of the Company on Wednesday, April 7, 2021, through Video Conferencing / Other Audio Video Means ("VC/ OAVM") facility, without the physical presence of the Members at a common venue.

3. Register of Members and Share Transfer Books of the Company shall be closed from Wednesday, March 31, 2021 to Wednesday, April 7, 2021 (both days inclusive) for the purpose of 26th AGM of the Company.

4. Appointment of M/s Alankit Assignments Limited in place of M/s KFin Technologies Private Limited (formerly Karvy Fintech Private Limited) as Registrar and Share Transfer Agent O'RTA") of the Company w.e.f. February 16, 2021 for better services. Till such time the process of change of RTA is completed, M/s KFin Technologies Private Limited will continue as RTA of the Company.

Further, please note that the Company is following 1st January to 31st December as its financial year in terms of Section 2 (41) of the Companies Act, 2013 as approved by the Company Law Board.

You are requested to take the above on record.

Yours faithfully,

Chief Risk Officer & Group Company Secretary

Enel.: As above

Regd. Office : F-2/7, Okhla Industrial Area Phase-1, New Delhi - 110 020 Tel. : 011-41706720-25 Fax. 26813665