United Breweries 27th AGM Approves Dividend and Borrowings

Event Overview

The 27th Annual General Meeting of United Breweries Limited was held on August 12, 2026, at 1:00 p.m. IST through Video Conferencing/Other Audio-Visual Means. The meeting addressed both ordinary and special business items as outlined in the Notice of AGM dated May 29, 2026.

Meeting Attendance and Quorum

• 59 Members holding 16,26,58,055 equity shares (61.52% of total equity) attended virtually
• Chairperson Anand Kripalu confirmed quorum requirements under Section 103 of Companies Act, 2013 were met
• Directors present: Jan Cornelis van der Linden, Radovan Sikorsky, Geetu Gidwani Verma, Manu Anand, Subramaniam Somasundaram
• Absent directors: Yolanda Talamo and Ranjan Ramdas Pai due to prior engagements
• Key personnel present: Nikhil Malpani (Company Secretary & Compliance Officer), Vikash Gupta and Rishabh Sood (Statutory Auditors, B S R & Co LLP), Pramod S M (Secretarial Auditor, BMP & Company), Vinod Sundar Raman (Scrutinizer, Megha M Vinod & Co. LLP)

Voting Process

• Remote e-voting was available for three days from August 9, 2026, to August 11, 2026, through Central Depository Services (India) Limited
• E-voting facility was also provided during the AGM for members who hadn't voted remotely
• Vinod Sundar Raman of Megha M Vinod & Co. LLP was appointed as Scrutinizer for the e-voting process

Resolutions Passed

All five resolutions were passed with requisite majority:

Ordinary Business:

1. Adoption of Audited Financial Statements (including Consolidated Financial Statements) for year ended March 31, 2026, together with Reports of Auditors and Directors

2. Declaration of Dividend on Equity Shares for financial year ended March 31, 2026

3. Re-appointment of Radovan Sikorsky (DIN: 09684447) as Director who retired by rotation

4. Re-appointment of B S R & Co. LLP as Statutory Auditors for five consecutive years from conclusion of 27th AGM until conclusion of 32nd AGM in 2031

Special Business:

5. Increase borrowing limits from banks and/or financial institutions and create mortgage/charge in connection with such borrowings

Meeting Proceedings

• Statutory Registers, Auditors' Report, Secretarial Audit Report and other documents were made available electronically for inspection through CDSL web portal
• No qualifications, observations or comments in Auditor's Report or Secretarial Audit Report on financial transactions affecting company functioning
• Chairperson delivered opening speech
• Managing Director & CEO Vivek Gupta delivered statement on financial performance and business
• Members were given opportunity to express views, offer comments, make observations, and seek clarifications
• Business and finance-related queries were responded to by Managing Director & CEO, other queries by Chairperson
• Meeting concluded at 3:07 p.m. IST

Next Steps

Consolidated voting results will be announced after receipt of Scrutinizer's Report and will be placed on company website and sent to stock exchanges within prescribed time under Rule 20 of Companies (Management and Administration) Amendment Rules, 2015 read with Regulation 44 of SEBI LODR Regulations.