Milkfood Ltd — Important, 06-05-2026: Company Update

Milkfood Limited announced that Mrs. Gita Bawa will cease to be an Independent Director upon the completion of her second consecutive five-year term on the Board. This planned departure is a standard governance practice when independent directors conclude their maximum permitted tenures. Investors should note this update as it reflects a routine change in the company's board composition, ensuring adherence to corporate governance norms regarding the rotational nature and maximum service periods of independent board members.