Kindly note the Board of Directors of Gujarat Pipavav Port Limited has approved the appointment of Mr. Steven Deloor as an Additional Director in place of Mr. Maarten Degryse with effect from 29th September 2023. Mr. Deloor is a Non Executive Non Independent Director and shall be replacing Mr. Degryse also as a Member of the Audit Committee of the Company. Mr. Steven Deloor has been appointed as Regional Head of Finance with APM Terminals for Asia and Middle East Region in place of Mr. Maarten Degryse as Mr. Degryse has decided to pursue opportunities outside APM Terminals (the parent company).

Mr. Steven Deloor joined APM Terminals in the year 2019 as Chief Financial Officer for Latin America and was promoted in the year 2022 as Chief Financial Officer for the Americas. Prior to joining APM Terminals, Mr. Deloor has worked with various companies such as Group CFO in Latin America for Odfjell Terminals, a Norwegian company into Bulk Liquid cargo, from the year 2015 to 2019. Prior to that he worked with Royal Vopak, a Dutch company into storage of Bulk liquid cargo, from the year 2004 to 2015.

He has also worked with Ford Motors from the year 1997 to 2004. Mr. Steven Deloor is Masters in Business Economics and MBA. Pursuant to the requirements under Regulation 17 (1C) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company shall be seeking the shareholders' approval for appointment of Mr. Steven Deloor in due course.