ZEE LEARN LIMITED — Board/Management Information 2020

Apr 24, 2020

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April 24, 2020

BSE Limited National Stock Exchange of India Limited Luxembourg Stock Exchange

Kind Attn.: Corporate Relationship / Listing Department

BSE Scrip Code: 533287 NSE SYMBOL: ZEELEARN

Dear Sir/ Madam,

Sub: Outcome of the Board Meeting held on April 24, 2020.

We hereby inform you that the Board of Directors of Zee Learn Limited (Company) at its meeting held today by Video Conference i.e., on April 24, 2020 at 7:05 p.m. and concluded at 7:30 p.m. the following:

• a) Mr. Debshankar Mukhopadhyay has resigned from the statutory position of Chief Executive Officer of the Company with effect from closing hours of April 23, 2020 due to personal reasons and the Board of Directors have accepted the same.

• b) the Board based on the recommendation of the Nomination and Remuneration Committee approved the appointment of Mr. Vikash Kumar Kar as the Chief Executive Officer and Key Managerial Personnel of the Company with immediate effect thereafter. His brief profile is as below:

Mr Vikash Kumar Kar is a senior Human Resources and Business professional. He is a business management graduate with 19 years of professional experience in conceptualizing and integrating best in class practices to facilitate building a sustainable high-performance organization. He has extensive HR generalist experience with leading multinationals and Indian organizations in a variety of industries including Pharmaceuticals, Manufacturing, Financial Technology, Educational Services and Staffing. He has significant experience in successfully partnering multi-functional and cross cultural business teams to deliver growth.

In his current role he is a member of the Senior Leadership of the Zee Learn Limited in the capacity of Chief Human Resources Officer of the company and its associated entities; Zee Learn is India’s leading diversified Education Company with its network having multiple offerings from Pre K, K12, Higher Education, Test Prep, Tutorials, Vocational, Skilling, Manpower & Training and Digital Education. He also serves as the Director and Business Head of Liberium Global Services, the Manpower Services venture of Zee Learn.

Prior to joining Zee Learn, Vikash’s employment history includes working with MSCI India, BP Ergo Limited (now HNI Office India Limited), Wyeth Limited (a Pfizer company) and Famy Care Limited.

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• c) Repricing the outstanding stock options granted to employees/ Directors which shall be subject to the approval of shareholders by Postal Ballot.

This is for your information and records.

Thanking you.

Yours faithfully,

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