Aegis Logistics Limited at its board meeting held on May 30, 2023 approved the Appointment of Mr. Raj Kishore Singh as an Additional Director under category "Independent". After considering the amendment in regulation 16(1)(b)(vi)(A) of SEBI (Listing Obligations & Disclosure Requirements), 2015 with effect from 1st January, 2022, the Nomination and Remuneration Committee of the Company considered and recommended to the Board of Directors appointment of Mr. Raj Kishore Singh (DIN: 00071024) as an Independent Director. Pursuant to the above recommendation Mr. Raj Kishore Singh stepped down as a Non- Independent Director of the Company from the close of business hours of May 30, 2023.

The Board at its meeting held on the same day considered and approved the appointment of Mr. Raj Kishore Singh as Additional Director under category "Independent" with effect from 01st June, 2023. The term of his appointment as an Independent Director will be for a period of 5 years, subject to the approval of shareholders. Mr. Raj Kishore Singh, aged 69 years, has occupied Board Level position of Chairman & Managing Director of Navratna and Fortune 500 listed Company Bharat Petroleum Corporation Limited (BPCL).

Recognised as a visionary and subject matter expert in all aspects of the oil business. He has spearheaded upstream forays in Oil blocks in Brazil, Gas finds in Mozambique, Shale gas in Australia and E&P activities on Indian and foreign soils. Presently he is providing consultancy & advisory services in India and Globally to companies operating/investing in the Oil & Gas Sector.

He is Bachelor of Technology (Honours), Mechanical Engineering, Banaras Hindu University, India Mr. Raj Kishore Singh is not related to any Director of the Company. Mr. Raj Kishore Singh satisfies the criteria of Independence prescribed under Companies Act, 2013 and SEBI Listing Regulations. Further, the company confirmed that Mr. Raj Kishore Singh, is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority.