Based on the recommendation of the Nomination and Remuneration Committee (NRC), the Board of Directors of United Spirits Limited at its meeting held on January 24, 2023, approved appointment of Mr. Pradeep Jain, Chief Financial Officer of the Company, as an additional director and Whole-time director of the Company (designated as Executive Director & Chief Financial Officer) effective 1st February 2023 or upon obtaining of DIN, whichever is later, for a period of five years, liable to retire by rotation, subject to approval of shareholders of the Company. Mr. Randall Ingber (DIN: 07529943), non-executive non-independent director of the Company and a nominee of Diageo Relay B.V. (formerly Relay B.V.), an indirect wholly owned subsidiary of Diageo Plc. has tendered his resignation from the directorship of the Company from end of day 31st January 2023.

Consequently, he will also cease to be member of the Risk Management Committee with effect from the aforesaid date. Based on the recommendation of the NRC, the Board of Directors of the Company at its meeting, approved appointment of Ms. Mamta Sundara as an additional director (non-executive non-independent director) of the Company effective 1st February 2023 liable to retire by rotation, subject to approval of shareholders of the Company. Mr. Pradeep Jain is the Chief Financial Officer at United Spirits Limited.

He is also a member of Diageo's Global Finance Leadership and Diageo India's Executive Committee. His responsibilities include overseeing Finance, Accounting, Treasury, Tax, Governance, Compliance, Investor Relations, Company Secretarial, Business Strategy, and IT functions. Mr. Pradeep Jain is also leading Diageo India's digital transformation journey and productivity initiatives to achieve greater performance across the business value chain.

An experienced Finance professional, Mr. Pradeep Jain has spearheaded several organisation-wide transformation initiatives from sourcing to consumer fulfilment while scaling ESG performance. A problem-solver, Mr. Jain has leveraged data-driven insights and a customer-centric approach to steer the organisation through complex business environments. He is a massive advocate of the people agenda and has worked passionately to build varied capabilities within the finance team.

He has been instrumental in establishing governance standards within the Company. Prior to joining Diageo, Mr. Pradeep Jain held leadership positions across well-known organizations such as Eicher Motors, PepsiCo, and Pidilite Industries. As an agile leader, with an outstanding track record of over 25 years across sectors, he has a vast experience in general finance and strategic financial planning, treasury, controllership, optimal capital structuring and allocation, global organisation design and performance transformation.

He has also played a pivotal role in leading and building large finance teams, and honed their capabilities in pursuance of organisational strategies and future-proofing the organisation. Mr. Pradeep Jain is a Chartered Accountant from the Institute of Chartered Accountants of India and an alumnus of the Shri Ram College of Commerce, Delhi University. Ms. Mamta Sundara is a graduate from the National Law School of India University, Bangalore and has over 23 years of work experience.

She has worked at Diageo for over 14 years in various roles and locations. Ms. Mamta Sundara took on her current role of Global Counsel - Business Integrity & Commercial Operations based in London in January 2023. In this role Ms. Mamta Sundara is accountable for Diageo's global Business Integrity program as well as legal support to global supply chain & procurement and Diageo's shared service business.

Prior to her current role, Ms. Mamta Sundara was the EVP and General Counsel, for United Spirits Limited (USL) from 2015. Based in India, she played a key role in advising the USL Board on complex legacy matters, while delivering the highest standards of corporate governance and mitigating risks for the business, alongside enhancing USL's real estate, brand protection and corporate security strategies. She has been a strong partner to the Diageo India Executive Committee in managing the volatility in the India business while delivering business goals and has played a critical role in embedding compliance within the Diageo India business.

Before moving to this role in 2015, Ms. Mamta Sundara held the positions of Senior Counsel - Strategy & Standards, Legal Director for Diageo India Private Limited and Counsel - European Supply & Procurement, and was based in Bangalore, Mumbai & London respectively. Prior to Diageo, she was a partner at Law School Tutorials and worked with Options Infinite - India Law Associates, J Sagar Associates, and BT Singapore Pte Ltd. Ms. Mamta Sundara is a passionate and committed leader, who brings candour and clarity to business agendas and is known for her commitment to inclusion and diversity.