Mahindra Logistics Limited — Important, 10-07-2025: Updates

Mahindra Logistics Limited has announced a board meeting to seek shareholder approval for the introduction and implementation of the Performance Stock Unit Plan 2025 (MLL PSU Plan 2025). The plan includes granting PSUs to eligible employees of its subsidiaries, with a maximum vesting period of five years. Any material changes to the plan or vesting period beyond five years will require further shareholder approval. The company will disclose performance targets and achievements related to PSU vesting in future annual reports.