Morepen Laboratories Limited — Important, 22-01-2025: Updates

Mr. Praveen Kumar Dutt has been re-appointed as an Independent Director for a second consecutive term of five years starting August 13, 2024. Mr. Ranjit Khattar has also been appointed as an Independent Director for a five-year term beginning August 12, 2024. Both appointments are subject to the approval of shareholders at the upcoming Annual General Meeting. Importantly, the company confirms that neither director is debarred from holding office by any authority. These appointments reflect Morepen Laboratories’ commitment to strong governance and leadership, which could positively impact investor confidence and strategic direction moving forward.