Finolex Industries Limited announced that upon recommendation of the Nomination and Remuneration Committee, the Board of Directors has approved /noted on 9th November, 2023, the appointment /cessation respectively of Key Managerial Personnel and Senior Management Personnel of the Company, as follows: The Board of Directors has designated Mr. Rajeev Ranjan Singh, Head Operations - Pipes division as Senior Management Personnel of the Company with effect from 9th November, 2023. accepted the resignation tendered by Mr. Ashutosh B. Kulkarni, Company Secretary, Compliance Officer, Nodal Officer & Head Legal (M. No.: A18549) designated as Key Managerial Personnel with effect from close of business hours of 14th January, 2024. accepted the resignation tendered by Mr. Murali Raj G R, Chief Information Officer & Grievance Officer designated as Senior Management Personnel with effect from close of business hours of 2nd January, 2024.

approved the appointment of Mr. Harish Dash as Chief Information Officer & Grievance Officer of the Company designated as Senior Management Personnel with effect from 20th November, 2023, in accordance with the Nomination and Remuneration Policy of the Company. Mr. Rajeev Ranjan Singh has more than 14 years of experience in the manufacturing sector and worked in Plant Operations, Process and Operational Excellence, Manufacturing and Strategic Business Excellence, New Product Development, Acquisitions and Change Management. Mr. Singh holds bachelor's degree in Mechanical Engineering from J.J. College of Engineering & Technology, Trichy, Anna University and Accelerated General Management Programme (`AGMP') (Exec.

General Management Program) from IIM Ahmedabad. Mr. Harsh Dash a Versatile Data Scientist, Machine Learning Engineer, Product Manager, and seasoned Entrepreneur boasting 23 years of comprehensive experience driving strategic and digital transformations across diverse sectors including Financial Services, Automotive, Manufacturing, and Deep Tech. He is Multifaceted expertise spans various business domains and technology landscapes.

Renowned for spearheading large-scale strategic initiatives, excel in developing intelligent digital products, pioneering data science and sustainability initiatives. Mr. Harsh Dash holds bachelor's degree in Mechanical Engineering from NIT Rourkela and M Tech in Data Science from BITS Pilani.