Safari Industries (India) Limited announced that at its board meeting held on May 14, 2024, Mr. Gaurav Sharma, Non-Executive and Non-Independent has indicated to the Company that he is not seeking reappointment due to pre-occupation. Reason for change: Liable to retire by rotation at the upcoming Annual General Meeting of the Company and not seeking reappointment due to pre- occupation. Completion of tenure of Independent Directors: Mr. Dalip Sehgal was re-appointed by the Members of the Company as Independent Directors of the Company for a period of five years with effect from 28th July 2019.

His tenure will be completed on 27th July 2024 and subsequent to such completion of tenure, he will cease to be a Director of the Company. Reason for change: Completion of tenure. Mr. Punkajj Lath was re-appointed by the Members of the Company as Independent Directors of the Company for a period of five years with effect from 28th July 2019.

His tenure will be completed on 27th July 2024 and subsequent to such completion of tenure, he will cease to be a Director of the Company. Reason for change: Completion of tenure. Re-constitution of the Committees of the Board: On account of upcoming completion of tenure of Mr. Punkajj Lath and Mr. Dalip Sehgal, the Board of Directors have approved reconstitution of the Committees of the Board in the following manner with effect from 15th May 2024: Audit Committee: Mr. Aseem Dhru - Chairman, Mr. Sumeet Nagar - Member, Mrs. Vijaya Sampath - Member, Mr. Sridhar Balakrishnan -Member.

Nomination, Remuneration and Compensation Committee: Mrs. Vijaya Sampath -Chairperson, Mr. Rahul Kanodia - Member, Mr. Piyush Goenka - Member, Mr. Sridhar Balakrishnan- Member. Stakeholders Relationshjp Committee: Mr. Aseem Dhru - Chairman, Mr. Sudhir Jatia -Member, Mr. Piyush Goenka -Member. Risk Management Committee: Mr. Sudhir Jatia- Chairman, Mr. Piyush Goenka- Member, Mr. Aseem Dhru - Member.