UPL Limited Further, based on the recommendation of the Nomination and Remuneration Committee, the Board appointed Mr. Carlos Pellicer as an Additional Director (Non-Executive & Non-Independent) on the Board of the Company effective November 1, 2022, subject To Approve the members. A Post-graduate in Agrochemicals from Federal University of Viçosa, Mr. Carlos Pellicer holds B.S. in Agricultural Engineering from UNESP. He has done MKT Specialization from Fundação Getúlio Vargas and Senior MKT Executive Program from Citicorp Center ­ Chicago, USA. He has also done Senior Executive Program from Columbia University, USA and is currently a part of the OPM Programme by Harvard Business School. He has held different leadership positions in several companies like Stauffer, Dupont, Citibank, American Cynamid, FMC and Monsanto and served as a guest professor for MKT Strategic at FGV for 10 years. In the year 1999, he kicked off his career as an entrepreneur, building up an innovative business concept branded as DVA Agro Brazil which was later acquired by UPL. Mr. Carlos Pellicer served in the role of Global Chief Operating Officer of UPL until April 1, 2022. He was driving UPL group's growth strategy, leading multiple projects under OpenAg, including UPL's post-harvest business, carbon and digital projects, as a member of the Group Executive Committee to enhance farmer resilience. He became part of UPL as the CEO for its business in Brazil in the year 2011, through the acquisition of DVA in Brazil. In 2017, he moved to the role of COO ­ Global Strategy, Innovation and New Product Development and focused on defining the long-term strategy roadmap for the Crop protection business along with managing the business responsibilities for Decco and Sinagro. With the acquisition of Arysta, he become Global Integration leader and transformed UPL in a Purpose Led company. In his past role as Global COO ­ Strategy, Innovation & Integration, he worked closely with marketing, R&D and strategic alliances to drive strategic growth initiatives for UPL. He also led Decco and Sinagro Brasil. Mr. Carlos is also engaged in Climate Change issues and decarbonization of global agriculture He co-founded Zero Summit where leaders meet to discuss a future with Net Zero Carbon footprint. He founded Associação Vida, a UPL social entity dedicated to transforming lives of teenagers coming from families in severe financial difficulties, with successful results and continuing growing since 2006. he Board of Directors welcomes Mr. Raj Tiwari and Mr. Carlos Pellicer on the Board. Subsequent to the above changes, UPL Limited would have 4 (four) Independent Directors and
4 (four) Non-Independent Directors, which (composition) is in compliance with the regulator requirements.