MakeMyTrip announced on August 21, 2020 that Mr. Gyaneshwarnath Gowrea has notified the board of directors of the company of his intention to resign as a director of MakeMyTrip, effective August 20, 2020, and the board of directors has accepted the resignation. Following the resignation of Mr. Gowrea, the board of directors has approved the appointment of Mr. Hyder Aboobakar as a director and as one of MakeMyTrip’s resident directors in Mauritius effective August 20, 2020. Mr. Hyder is a Director – Business Development at IQ EQ Corporate Services (Mauritius) Limited, or IQ-EQ. Prior to joining IQ-EQ, Mr. Hyder served as an investment manager at DSP Blackrock Investment Managers (Mauritius) Ltd. where he was responsible for managing two India focused funds. Mr. Hyder has also previously worked as a business development manager at Cim Global Business (Mauritius) Ltd, as an investment manager at TVF Capital Management Ltd. and as a trader and team leader of risk management at Superfund Asset Management Ltd. Mr. Hyder is a Chartered Financial Analyst and holds a Bachelor of Science (Honors) degree in Economics & Finance from the University of Mauritius. He is also a certified Financial Risk Manager by the Global Association of Risk Professionals. There will be no changes to the composition of the audit committee and the compensation committee as a result of such resignation and appointment of directors.