Marico Limited — Important, 07-07-2025: Updates

Marico has announced a board meeting to update its Employee Stock Option Plan (ESOP) to introduce a cashless exercise facility via the Welfare of Mariconians Trust (WEOMA Trust). The trust will be authorized to subscribe to and manage shares for employees exercising vested options, enhancing flexibility and employee benefit programs. Members also approved the provision of financial assistance by the company to WEOMA Trust for purchasing shares to support this cashless exercise mechanism. Both resolutions were passed with strong shareholder backing, signaling continued focus on employee incentives and retention.