Indian Dairy Market Overview

Our Management Team Mr. Venkat Shankar Chief Executive Officer He has more than 15+ years of experience in the FMCG (Food) space with his most recent stint with Britannia Industries Ltd as the VP & Head of the Dairy Business. Prior to that he has spent 14 years in Pepsico Sales & Marketing and 9 years in Private Equity across numerous regions of India which has helped him gain the experience of various trade and consumer behaviours. He has also managed multi- functional and P&L responsibilities. He has a PGDM degree from IIM Ahmedabad and an Engineering degree from IIT Kanpur. Mr. Shirish Upadhyay Senior VP Strategy He has 20+ years of experience in dairy and has spent 12 years with GCMMFL (Amul). He has been associated with our company since 2010 during which he was responsible for strategic planning & operations. For a brief time, he advised the management on Company strategy and operations, and is joining the Company full-time from July 2019. He has a Bachelor's degree in Science from Sardar Patel University and a Master's degree in Business Administration from Bhavnagar University. Mr. Shashikant Dalmia Chief Financial Officer He has been with the group for the last 7 years and has handled various functions which include Direct Taxation, Costing, Treasury & Risk Management, Corporate Finance & Accounts, Budget Planning, and Liaising with Government authorities as well as various accounting functions at Plant level. He is also involved in the strategic initiatives of the Group's International business and Long-range planning. He is a qualified Chartered Accountant. Mr. H.S. Oberoi President - Cheese Manufacturing A Mozzarella Cheese manufacturing expert, he has a B. Tech degree and over 52 years of extensive experience in the dairy industry. Ms. Akshali Shah VP-Strategy (Sales & Marketing) An MBA in Family Managed Business from S.P. Jain Institute of Management & Research, she is actively involved in branding, marketing & advertising strategy, category intelligence & competitive analysis. She has also played a key role in the revamping the corporate identity of company. Mrs. Rachana Sanganeria Company Secretary & Compliance Officer Qualified Company Secretary and an Associate Member of the Institute of Company Secretaries of India. She also holds a Bachelor's degree in Commerce and LL.B. degree from the University of Mumbai. She has over 18 years of experience as a Company Secretary. PARAG Ideas for a new day 21

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