Strides Pharma Science Limited at its meeting held on May 22, 2023 approved changes in Board composition and Management of the Company by the Board of Directors of the Company based on the recommendations of Nomination and Remuneration Committee. Other Board & Management changes are as under: Mr. Arun Kumar to Executive Chairperson from Executive Chairperson & Managing Director; Mr. Vikesh Kumar to Chief Investor Relations Officer from CFO - Front End Markets and Ms. Surabhi Loshali to Group CHRO from Sr. VP - HR. Reasons for change: Re-designation of Mr. Arun Kumar as `Executive Chairperson' of the Company effective June 1, 2024.

Arun is currently the Executive Chairperson & Managing Director of the Company. Consequent to the said re-designation, Arun shall cease to be the Managing Director of the Company effective closing business hours of May 31, 2024 and continue his role as Executive Chairperson of the Company. Vikesh is currently CFO of the Front-End Markets.

Further, Vikesh is also appointed as Chief Investor Relations Officer of the Company effective June 1, 2024. Mr. Vikesh Kumar, aged 39 years, holds a Post Graduate Diploma in Management (PGDM) from S.P Jain Institute of Management & Research, Mumbai. Vikesh has over 15 years of rich and comprehensive experience in Business Finance, Mergers & Acquisitions, Treasury, Forex Management, Fund Raising, Governance and Investor Relations Management, amongst others.

Vikesh is associated with Strides since June 2009, joining as part of the campus recruitments for the Strides Leadership program of 2009. During his tenure at Strides, he has built and led the business finance function for the group, building it as the nerve centre of the organization, partnering business and functional heads in executing the company's plans. He also has played lead roles in Mergers & Acquisitions, Governance, Fund Raising, Treasury, Forex Management and Investor Relations Management, amongst others.

Prior to his appointment as CFO for the Front-End businesses in May 2022, Vikesh was the Head of Business Finance for the group. In his role as the CFO for the Front-End businesses, he relocated to the US in August 2023, to drive the reset strategy in the geography with focus on building profitable, sustainable cash generating operations. As part of the leadership team in the US, he led the revival of Chestnut Ridge manufacturing operations and enabled the company to set industry leading benchmarks in the Front-End operations.

Ms. Surabhi Loshali is appointed as the Chief Human Resource Officer (CHRO) of the Company with effect from June 1, 2024. Surabhi is currently heading Talent Management for the Group. Consequent to the above, Surabhi is nominated as one of the Senior Management Personnel of the Company.

Ms. Surabhi Loshali, aged 44 years, holds a degree in Polymer Science & Chemical Engineering from Delhi College of Engineering and MBA from XLRI Jamshedpur. Surabhi has over 20 years of experience in human resources and specializes in people strategy, organizational transformation, talent management, organization design, employee experience, people analytics, HR technology, mergers & acquisitions and amongst others. Surabhi has worked globally in countries across Americas, Europe and Asia.

Surabhi is associated with Strides since September 2020. Before joining Strides, she had over 17 years of experience in supporting leaders across various industries including manufacturing, life sciences, financial services and information technology. During her tenure at Strides, she has set up the talent management function and liaised with Arcolab Center of Excellence teams to institutionalize HR processes to enhance employee experience.

As a part of her talent management role, she has initiated structured talent assessment and development initiatives for first time managers and future leaders. Her efforts with respect to diversity initiatives have borne fruit and Strides has been awarded as the Best Organization for Women Empowerment for 2024 amongst the manufacturing organizations.