New Delhi: The Board of Directors at its meeting today, based on the recommendation of the Personnel, Nominations and Compensation Committee, considered and recommended to shareholders for approval the appointment of Shri KV Kamath as an independent director of the Company for a term of 5 consecutive years from the appointment of Shri KV Kamath. The Board of Directors also approved postal voting in this regard. Brief profile of Shri KV Kamath is attached.

Shri KV Kamath is not related to any director of the Company. Shri KV Kamath satisfied
the criteria of independence under the Companies Act, 2013 and SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to the Exchanges Circular dated 20 June 2018, we hereby certify that Shri
KV Kamath shall not be barred from the office of Director by any order
submitted by SEBI or any other such authority.

In addition, Reliance Strategic Investments Limited (“RSIL”) is a wholly owned subsidiary of
The Company has appointed Shri KV Kamath as an independent non-executive director
chairman. As previously indicated, RSIL will be renamed Jio Financial Services Limited
(“JFSL”) and listed pursuant to a plan of demerger approved by the Board of Directors
for the demerger of the Company’s financial services business into RSIL. Step KV
Kamath will continue to serve as an independent director and non-executive chairman of JFSL
Completion of the Program and listing of JFSL on the stock exchanges.


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