Outcome of Board Meeting : Appointment of Mr. Martin Roemkens as Director – Technical with effect from 1st April, 2017 and Ms. Rama Bijapurkar as an Independent Non-Executive Director with effect from 1st May, 2017.

The Company has informed BSE that the Board of Directors of the Company, on the recommendation of the Nomination and Remuneration Committee, on 27th March, 2017:

1. Appointed Mr. Martin Roemkens as Whole-time Director, designated as Director- Technical with effect from 1st April, 2017, for a term of five years, in place of Mr. Aristides Protonotarios, who will cease as a Whole-time Director with effect from 31st March, 2017 and taking up a new assignment in another Nestlé Affiliate. Approval of the Members of the Company for the said appointment shall be sought at the ensuing Annual General Meeting. The terms and conditions of appointment of Mr. Martin Roemkens shall be subject to the approval of the Central Government.

Mr. Martin Roemkens holds Bachelor of Engineering from the University of Western Australia. He has over 20 years of rich and exhaustive experience in Technical and Production functions and has held senior management positions during his career.

Before the Nestlé India posting, Mr. Roemkens was the Technical Manager in Nestlé’s North East Africa Region which he successfully led for almost four years including developing the factories in Egypt to a world-class standard. He has also served as the Factory Manager of the Moga Factory of the Company, one of the largest factories in the Region, from 2009 to 2012.

2. Appointed Ms. Rama Bijapurkar, as Independent Non-Executive Director w.e.f 1st May, 2017 for a term of five years. Approval of the Members of the Company for the said appointment shall be sought at the ensuing Annual General Meeting.

Ms. Bijapurkar is a recognised thought leader on market strategy and India’s consumer economy, and has over 30 years of experience in market strategy consulting and market research. She has her own independent market strategy consulting practice, is a widely experienced independent director and is also a visiting faculty at IIM Ahmedabad.

Ms. Bijapurkar holds a B.Sc. (Hons) degree in Physics from Delhi University and a Post Graduate Diploma in Management from IIM Ahmedabad.