Nestle India : Public Advertisement for 64th Annual General Meeting through VC/OAVM

NESTLE INDIA LIMITED

(GIN: L15202DL1959PLC003786)

Regd. Office: 100 / 101, World Trade Centre, Barakhamba Lane, New Delhi-110 001

Email: investor@in.nestle.com; Website: www.nestle.in; Ph: 011-23418891

NOTICE OF 64TH ANNUAL GENERAL MEETING

Dear Member(s),

1. Notice is hereby given that the Sixty Fourth Annual General Meeting ("&4• AGM") of Nestle India Limited ("the Company") will be convened on Wednesday, 12• April 2023 at 10:00 A.M. (1ST) through Video Conferencing ("VC")/ Other Audio-Visual Means ("OAVM") facility as per the provisions of the Companies Act, 2013 and Rules framed thereunder (''the Act") read with General Circular Nos. 20/2020 and 10/2022 dated 5• May 2020 and 28" December2022, respectively, and other relevantcircularsissued by the Ministry of Corporate Affairs ("MCA Circulars"), without the physical presence of the members at a common venue. The deemed venue for the 64" AGM shall be the Registered Office of the Company.
2. Electronic copies of the Notice of the 64" AGM and the Annual Report for the year 2022 will be sent only by email to all those members, whose email address are registered with the Company / Depository Participant(s) ("Depository"). The Notice of the 64" AGM and the Annual Report will also be available on the website of the Company i.e. www.nestle.inand the website of BSE Limited i.e. www.bseindia.com.Members can join and participate in the 64" AGM through VC/DAVM facility only. The instructions for joining the 64" AGM and the manner of participation in the remote electronic voting or casting vote through the e-voting system during the 64" AGM are provided in the Notice of the 64" AGM. Members participating in 64'" AGM through VC/DAVM

facility shall be counted for the purpose of reckoning the quorum under Section 103 of the Act.

3. Members holding shares in physical form who have not registered their email addresses with the Company can obtain Notice of the 64" AGM, Annual Report and/or login details for joining the 54• AGM through VC/DAVM facility including e-voting, or any future communication, by sending following documents by email to investor@in.nestle.com:

1. A signed request letter mentioning your name, folio number, email address and complete address;
2. Self attested scanned copy of the PAN Card; and
3. Self attested scanned copy of any document (such as AADHAR Card, Driving Licence, Election Identity

Card, Passport) in support of the address of the members as registered with the Company.

1. Members holding shares in physical form who have not updated their mandate for receiving the dividends directly in their bank account(s) through Electronic Clearing Service or any other means ("Electronic Bank Mandate"), can register their Electronic Bank Mandate to receive dividends directly into their bank account electronically, by sending following details / document in addition to the documents mentioned in para3 abovebyemailto investor@in.nestle.com:
2. 1. Name and Branch of Bank in which dividend is to be received and BankAccount type;
   2. Bank Account Number allotted by your bank after implementation of Core Banking Solutions;
   3. 11 digit IFSC; and
   4. Self attested scanned copy of cancelled cheque bearing the name of the member or first holder, in case shares are held jointly.
3. Members holding shares in demat form are requested to update their email address/ Electronic Bank Mandate with their Depository.
4. The record date for determining entitlement of members to the final dividend for the financial year ended 31" December 2022, if approved at the 64" AGM, is 21• April 2023.
   Pursuant to Income Tax Act, 1961 ("the IT Act"), dividend income is taxable in the hands of the members and the Company is required to deduct tax at source ("TDS") from dividend paid to the members at prescribed rates in the IT Act. For the prescribed rates for various categories, conditions for Nil / preferential TDS and details / documents required thereof, members are requested to refer to the IT Act and Notice of the 64" AGM. In general, to enable compliance with TDS requirements, members are requested to complete and / or update their Residential Status, PAN, Category as per the IT Act with their Depository or in case shares are held in physical form, with the Company by sending email to investor@in.nestle.com.

In the eventthe Company is unable to pay the dividend to any member by electronic mode, due to non-registration of the Electronic Bank Mandate and for any other reasons, the Company shall dispatch the dividend warranV Bankers' cheque/ demand draftto such member, as soon as possible.

The above information is being issued for the information and benefit of all the members of the Company and is in compliance with the Act and MCA Circulars.