Nippon Life India Asset Management Limited at the annual general meeting held on July 12, 2022 approved appointment of Mr. Minoru Kimura and Mr. Tomohiro Yao as Non-executive Non-independent Directors of the Company. Mr. Minoru Kimura, aged 54
years is Managing Executive Officer of Nippon Life Insurance Company, and is responsible for
Head of Global Business. He joined Nippon Life Insurance Company in 1990 and has spent more than 25 years and has been responsible for both domestic and foreign securities
investment, including his assignments at NLI International Inc. in New York, Nissay
Deutsche Asset Management Europe and NLI Investments Europe in London. Previously, he was General Manager of Nippon Life's International Planning &
Operations Department managing and developing Nippon Life's oversea life
insurance and asset management business. He has also played an active role at Nissay Asset Management, Nippon Life's asset management subsidiary, in
charge of various roles including Head of investment planning. He is a Bachelor of Laws from
Kyoto University, Japan. Mr. Tomohiro Yao, aged 50 years is Regional CEO for Asia Pacific and Head of India at Nippon Life Insurance Company. He is responsible for
operations in the Asia Pacific. Mr. Tomohiro Yao is a seasoned
professional with over 25 years of experience in the life insurance industry. He has extensive knowledge of Planning & Research and Global Business Planning at Nippon Life,
Japan. In 2011 he assumed charges as Executive Assistant to the Chairman of Life Insurance Association, Japan for 2 years. Following which he was engaged in
Nippon Life's Global Business Planning, leading Nippon Life's international M&A strategy. He was also responsible for driving Nippon Life's overseas Insurance businesses
including India, Mainland China as well as the United States of America. He holds a degree of B.A. (Law) from Kyoto University and an MBA from Wharton School, University of
Pennsylvania.