Marico Independent Director Rajeev Vasudeva Retires

Change in Director / Key Managerial Personnel

• Nature of change: Retirement of Independent Director Mr. Rajeev Vasudeva upon completion of his current term
• Name and DIN: Mr. Rajeev Vasudeva (DIN: 02066480), Independent Director
• Effective date: Retirement takes effect from the end of day on October 31, 2026
• Reason for retirement: Mr. Vasudeva informed the company via letter dated October 1, 2026 that due to increasingly onerous professional commitments both in India and overseas, he will not be seeking re-appointment
• Committee changes: Mr. Vasudeva shall cease to be the Chairman of the Nomination and Remuneration Committee with effect from the end of day on October 31, 2026
• Replacement: Mr. Bhaskar Bhat (DIN: 00148778), Independent Director, appointed as Chairman of the Nomination and Remuneration Committee effective November 1, 2026
• Tenure: Completion of first term as Independent Director

Board Acknowledgement

The Board and Management placed on record their deep appreciation for the contributions made by Mr. Rajeev Vasudeva during his association with the Company over the years.