The board of directors of Colgate-Palmolive (India) Limited at its meeting held on October 26, 2023, On the recommendation of the Nomination and Remuneration Committee, the Board has noted the below change in Senior Management Personnel (SMP): Consequent to the appointment of Mr. Niraj Kumar, Business Lead - Bangladesh, Nepal and Sri Lanka, as the Managing Director of Colgate-Palmolive ACI Bangladesh Pvt. Ltd., he ceases to be a member of the leadership team of the Company effective October 26, 2023. Mr. Niraj Kumar is a seasoned professional with more than 2 decades of experience in the FMCG Industry.

He is currently acting as a Business Lead - Bangladesh, Nepal and Sri Lanka for Colgate-Palmolive (India). He joined Colgate in 2007 as Customer development manager, where he worked on turnaround of business leading to market leader in struggling markets. He also led North and East India business as Customer development team leader successfully with strong business and share growth.

Before joining Colgate, he has worked with Perfetti Van Melle Ltd. and Amul. His Educational qualifications include MBA from Institute of Rural management, Anand and B.Sc. in Agriculture science from Banaras Hindu University.

He has also attended the Colgate Asian Leadership program focused on strategic management from China Europe International Business School.