KEC International Limited at the SBM held on May 07, 2024, the board has approved Approved the appointment of Mr. Vimal Bhandari (DIN: 00001318) as an Additional Director (Non- Executive, Independent), based on the recommendation of the Nomination and Remuneration Committee, for a term of 5 years with effect from May 07, 2024, to May 06, 2029. Mr. Vimal Bhandari is an accomplished, dedicated and a focused professional with experience of over 35 years in a range of businesses in the financial services industry. Presently, he is associated as the Executive Vice Chairman and CEO of Arka Fincap Limited (AFL), a Non- Banking Finance Company, engaged in providing debt capital to Indian corporates and real estate developers.

AFL is a wholly owned subsidiary of Kirloskar Oil Engines Limited. Mr. Bhandari serves as an independent Director on boards of various companies in diverse business segments including Bharat Forge Limited, HDFC Trustee Company Limited, JK Tyre & Industries Limited, DCM Shriram Limited, Escorts Kubota Limited. For six years, till April 2017, he was the Managing Director and CEO of IndoStar Capital Finance Limited.

He is a Commerce Graduate from Mumbai University and a Chartered Accountant by qualification. Approved the appointment of Dr. Shirish Sankhe (DIN: 10197152) as an Additional Director (Non- Executive, Independent), based on the recommendation of the Nomination and Remuneration Committee, for a term of 5 years with effect from May 07, 2024, to May 06, 2029. Dr. Shirish Sankhe has been associated with McKinsey & Company for over 26 years where he worked on transformation and turnaround of several companies and helped them achieve significant and sustained performance improvements.

In McKinsey, he led the Global Energy and Materials (GEM) practice in Asia as well as the restructuring/transformation practice in India. Dr. Sankhe has also worked on the topics of net zero transition, economic growth and urbanization in India. He worked with state and central governments on urbanization policies and the development of new cities.

He had been closely involved with the McKinsey Global Institute (MGI) on economic research for over 20 years. After stepping out from McKinsey as a Senior Partner in December 2022, Dr. Sankhe has been driving ISEG Foundation (Institute for Sustainability, Employment and Growth), a non-profit multi-stakeholder section 8 company that will focus on job creation and net zero transition in India. Dr. Sankhe holds a PhD in Chemical Engineering from Purdue University, he is a graduate of the Wharton Management Program of University of Pennsylvania and has done his BS in Chemical Engineering from Mumbai University (UDCT).

Took note of the completion of term of Mr. R.D. Chandak (DIN: 00026581) as Independent Director of the Company effective from May 07, 2024, end of day. Accordingly, he would cease to be a Director of the Company and the chairman/member of respective Committee(s) of the Board. Took note of the resignation of Mr. Amit Kumar Gupta, Company Secretary & Compliance Officer (Key Managerial Personnel) who has tendered his resignation on account of personal reasons with effect from the close of business hours on May 9, 2024.

His resignation letter is enclosed. Designated Mr. Suraj Eksambekar, who is a qualified Company Secretary having membership number A27159 as the Compliance Officer of the Company, with effect from May 10, 2024, pursuant to Regulation 6 of the SEBI Listing Regulations. Mr. Eksambekar will be responsible for ensuring compliances under SEBI Listing Regulations, SEBI (Prohibition of Insider Trading) Regulations, 2021 and other applicable laws and regulations.

Mr. Suraj Eksambekar is a qualified Company Secretary (M. No: A27159), MBA (Finance) and holds a Diploma from Institute of Risk Management, UK. He has more than 13 years of experience in various Industries and has been with the Company since November 2019.