Muthoot Finance Limited appointed Mr. Joseph Korah as an Independent Director of the Company till the 29th Annual General Meeting of the Company to be held in the year 2026 at its Annual General Meeting of the Company held on September 29, 2023. Term of Appointment: 3 Years (Till the 29th Annual General Meeting). Brief Profile: Joseph Korah is the Co-Founder and President of Impaqtive which he founded in 2021. Impaqtive is a Global Salesforce Consulting partner. Prior to founding Impaqtive, he spent 23 years at Cognizant where he was a Vice President and the Global Delivery Leader of the Salesforce Practice at Cognizant. He also held an additional role as the Center Head
of the Kochi Development center. Joseph Korah obtained his Engineering degree from Calicut University, his MS from BITS, Pilani and his MBA from Johnson School, Cornell University. Joseph Korah was the Vice Chairman of GTECH from 2014 to 2017. GTECH is an industry body representing all IT companies in Kerala. He was also on the NASSCOM Regional Council. He has been on the Round Table India National Board and served on the Managing Committee
of the Kerala Management Association. Further, Justice Jacob Benjamin Koshy (DIN: 07901232) has stepped down from the Board of Directors consequent to the expiry of the term of office of Independent Director on the Board.