Bata India Limited at its meeting held on April 25, 2023, based on the recommendations of the Nomination and Remuneration Committee (NRC) has, inter alia, approved the following, subject To Approve the Members of the Company through Postal Ballot: 1. Appointment of Mr. Anil Ramesh Somani as a Whole-Time Director designated as Director Finance and CFO (KMP) of the Company, liable to retire by rotation, for a period of 5 (five) consecutive years with immediate effect. Mr. Anil Ramesh Somani is a qualified Chartered Accountant. He has over 25 years of experience in Finance, Strategy, compliance, information management and business development functions.

He has worked with reputed organizations like Croma, Walmart, Metro Cash & Carry, etc. at various positions including CFO, Head of Finance, etc. Prior to joining the Company, he was working with Reliance Retail, as an Executive Vice President & CFO for Digital Business.