Yatra Online, Inc. announced that it has entered into a cooperation agreement with Maguire Investment Trust ("Maguire Investment"), which owns 7.4% of the Company's outstanding common stock. As part of the agreement, Roshan Mendis will join Yatra's Board of Directors (the "Board") as an independent director, effective January 17, 2022. The Company also announced that Sean Aggarwal will retire from the Board effective January 18 due to other pressing commitments.

His retirement is not the result of any disagreement with the Company or any of its affiliates on any matter relating to the Company's operations, policies or practices. Mr. Mendis brings more than 20 years of experience in travel technology to Yatra's Board of Directors. He currently serves as Chief Commercial Officer of Sabre Travel Network.