June 05, 2023

To,

BSE Limited

National Stock Exchange of India Limited

Corporate Relationship Department

Listing Departments,

Phiroze Jeejeebhoy Towers

Exchange Plaza, 5th Floor, P. No. C/1, G Block

Floor 25, Dalal Street,

Bandra-Kurla Complex, Bandra (East),

Mumbai - 400001

Mumbai - 400051

Scrip: 532478

Scrip: UBL

Sub: Intimation under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements)

Regulations, 2015 - Appointment of Additional Director in Independent capacity

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, we would like to inform you that the Board of Directors of the Company, upon recommendation of the Nomination and Remuneration Committee, has appointed Mr. Subramaniam Somasundaram (DIN:01494407) as an Additional Director of the Company in 'Independent Director' category. His appointment shall take effect from June 4, 2023.

Intimation under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with Schedule III of the Listing Regulations and SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015, is as under:

Particulars

Details

Reason for change viz.,

:

Appointment

appointment

Date of Appointment

:

Mr. Subramaniam Somasundaram has been appointed as an Additional

and

Term

of

Director in Independent capacity (Independent Director) of the Company with

appointment

effect from June 4, 2023, for a period of 5 years.

Brief Profile

:

Mr. S Subramaniam was the Chief Financial Officer (CFO) for the 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. S Subramaniam is a Chartered Accountant and Cost Accountant by

qualification with over 35 years of post-qualification experience in Finance,

Strategy and Business roles.

Disclosure of relationships between directors

:

There are no inter-se relations between Mr. S Subramaniam and the other members of the Board.

A Press Release, being issued in this regard, is also enclosed.

You are requested to take the same on your record.

Thanking you,

Yours faithfully,

For UNITED BREWERIES LIMITED

Amit

Digitally signed by

Amit Khera

Date: 2023.06.05

__________________________

Khera

13:30:16 +05'30'

AMIT KHERA

Company Secretary and Compliance Officer

Encl: As above

PRESS RELEASE

United Breweries Limited (UBL) appoints Mr. Subramaniam Somasundaram as

Independent Director

UBL today announced that Mr. Subramaniam Somasundaram has been appointed as an Independent Board Member of the Company with effect from June 4, 2023.

Mr. Subramaniam was the Chief Financial Officer (CFO) for 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 Ltd, API Holdings Ltd (Pharmeasy), Honasa Consumer Limited (Mamaearth), Avanti Finance Pvt Ltd 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.

We are delighted that Mr. Subramaniam is joining UBL as an Independent Director and will also Chair the Audit Committee. Mr. Subramaniam brings with him an outstanding track record of over 35 years in building, leading, and transforming finance functions of large corporate houses. His extensive finance and leadership experience make him a strong asset to the future growth of our business.

Date: June 5, 2023

Place: Bangalore

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Disclaimer

United Breweries Limited published this content on 05 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 June 2023 12:31:15 UTC.