Petronet LNG Limited announced appointment of Shri Sandeep Kumar Gupta (DIN: 07570165) (aged 56 years), Chairman & Managing Director, GAIL (India) Limited as Additional Director (Nominee Director- GAIL) w.e.f. 21st October 2022. Shri Sandeep Kumar Gupta, is a Commerce Graduate and a Fellow of the Institute of Chartered Accountants of India. Before joining GAIL, Shri Gupta held the position of Director (Finance) since August 2019 on the Board of Indian Oil Corporation Limited, the leading PSU integrated Energy Company in Fortune "Global 500", and several group companies.

He has wide experience of over 34 years of Oil and Gas Industry and handled F&A, Treasury, Pricing, International Trade, Optimisation, Information Systems, Corporate Affairs, Legal, Risk management, etc. Shri Gupta held different positions in Indian Oil Corporate Office, Corporate Finance, Enterprise Risk Management, Refineries such as Guwahati Refinery, Gujarat Refinery, and Mathura Refinery. He brings with him the experience of wholly- owned Subsidiaries i.e. IOC Middle East FZE at Dubai, IndOil Montney Ltd., IndOil Global B V Nederlands, and IOCL Singapore Pte.

Ltd. He has rich experience of handling International Trade- Finalizing the deals for import of crude oil, petroleum products, LPG from various countries; from Middle East, Russia, West Africa, Europe, USA and Mexico etc. Shri Sandeep Kumar Gupta has received significant training in the relevant subjects from various renowned institutions like IIM Calcutta, University of Maryland, Washington, Harvard Business School, XLRI Jamshedpur and IIM, Ahmedabad. Shri Gupta has received prestigious individual recognition such as "CA CFO- Large Corporate ­ Manufacturing and Infrastructure Category" in January,2021 by ICAI for Financial and Risk Management during Pandemic and was adjudged among Top 30 CFOs in India by StartupLanes.com in May, 2022.

Further, as confirmed by Shri Sandeep Kumar Gupta, he does not have any inter-se relationship with the other Directors of the Company. He holds 400 equity shares in Petronet LNG Limited.