Updates

August 25, 2026 The Secretary, The Manager, Listing Department, Listing Department, BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1 Block G, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 531642 Scrip Symbol: MARICO Sub: Transcript of the 38th Annual General Meeting of the Company held on August 6, 2026 Dear Sir/Madam, We enclose herewith copy of transcript of the 38th Annual General Meeting of the Company held on Thursday, August 6, 2026 at 9.00 A.M. IST through Video Conferencing/Other Audio-Visual Means. The said transcript is also being made available on the Company’s website at: https://marico.com/india/investors/shareholder/general-meeting. This is for your information and records. Thank you. Yours faithfully, For Marico Limited Vinay M A Company Secretary & Compliance Officer Encl.: As above Marico Information classification: Official TRANSCRIPT OF THE 38TH ANNUAL GENERAL MEETING OF MARICO LIMITED HELD ON THURSDAY, AUGUST 6, 2026 at 9 A.M. IST Mr. Harsh Mariwala, Chairman: Good Morning, Dear Members! I welcome you all to the 38th Annual General Meeting of the Company. This meeting is being convened through Video Conferencing in accordance with various circulars issued by the regulators and the Company has taken all the requisite steps to ensure that Members are able to attend and vote at this meeting in a seamless manner. The Company has availed services of Central Depository Services (India) Limited (“CDSL”) for conducting this meeting through Video Conferencing and enabling participation of Members at this AGM, remote e-voting and e-voting during the AGM. The AGM shall be deemed to be held at the registered office of the Company at 7th Floor, Grande Palladium, 175, CST Road, Kalina, Santacruz (East), Mumbai – 400 098. Members can view the one-way live webcast of the meeting in their login page where EVSN of the Company is displayed. I call the meeting to order as the requisite quorum is present. Let me introduce to you our Board members and Key Managerial Personnel. - Mr. Saugata Gupta, Managing Director & CEO of the Company - Mr. Girish Paranjpe, Independent Director & Chairman of Audit Committee and Risk Management Committee - Mr. Rajeev Vasudeva, Independent Director & Chairman of the Nomination and Remuneration Committee - Mr. Ananth Sankaranarayanan, Independent Director & Chairman of the CSR Committee - Ms. Apurva Purohit, Independent Director & Chairperson of the Stakeholders Relationship Committee - Ms. Nayantara Bali, Independent Director - Mr. Rajan Mittal, Independent Director - Mr. Bhaskar Bhat, Independent Director - Mr. Nikhil Khattau, Non-Executive Director - Mr. Rajen Mariwala, Non-Executive Director - Mr. Rishabh Mariwala, Non-Executive Director - Mr. Pawan Agrawal, Group CFO and CEO- International Business and - Mr. Vinay M A, Company Secretary & Compliance Officer The representatives of the Statutory Auditors, Secretarial Auditors and Mr. Makarand M. Joshi, Scrutinizer, are also present at the meeting. Marico Information classification: Official I now request Vinay to explain the general instructions regarding participation and voting at this meeting to you all. Mr. Vinay M A: Thank you Harsh. Dear Members, the facility to join this AGM through Video Conferencing is being made available to Members on first come first serve basis in terms of the relevant circulars and regulatory requirements. For smooth conduct of the meeting, Speaker Members will be kept on mute by default to avoid any noise or disturbance. During the Question & Answer session, we will announce names of the Members who have pre-registered themselves as Speakers for this meeting, in sequence. The respective Members will be unmuted by the Moderator when their name is called out. Members may turn their video on while asking questions or seeking clarifications. In case any Member is facing a technical problem with the video transmission, they can continue to ask their questions through audio mode. Members are requested to restrict their questions to the matters being transacted at the meeting. As per the provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, your Company had provided remote e-voting facility to the Members through CDSL platform to cast their votes prior to this meeting. The cut-off date for the same was Thursday, July 30, 2026. The remote e-voting commenced at 9:00 a.m. IST on Monday, August 3, 2026 and ended at 5:00 p.m. IST on Wednesday, August 5, 2026. Members as on the cut-off date only are eligible to cast their votes. Members who have not cast their votes through Remote e-voting and who are attending this meeting will have an opportunity to cast their votes during the meeting. The e-voting window is already open for all Members and will be available until 15 minutes after conclusion of the meeting. Members who have already cast their votes through remote e-voting are eligible to participate at this AGM but are not eligible to vote again during the meeting. Members can vote at this meeting by following the detailed voting instructions provided in the AGM Notice. There will be no voting by show of hands and resolutions set forth in the AGM Notice are not required to be proposed and seconded. The statutory Registers and documents referred to in the AGM Notice will be made available during the meeting for inspection, as per requests, if any, made by the Members. Marico Information classification: Official Members who need any assistance during this meeting or have any queries regarding participation or e-voting system, may contact the CDSL team at the toll-free no. 1800 21 09911 or write an email to helpdesk.evoting@cdslindia.com. Thank you. I now hand over the proceedings back to the Chairman. Mr. Harsh Mariwala: Thank you, Vinay. Dear Members, In the financial year 2025-26, your Company delivered a strong and resilient performance across key parameters. Despite a complex operating environment marked by input cost volatility and geopolitical developments, your Company executed with strategic clarity and agility, achieving multi-year high consolidated revenue growth, volume growth in the India business, and constant- currency growth in the international markets. This is a strong reflection of the enduring strength of our brands, the effectiveness of our portfolio choices, the commitment of our people, and the trust of our stakeholders. Importantly, this robust performance was complemented by meaningful progress on our long-term strategic priorities of portfolio transformation, digital enablement, and the ESG 2030 Roadmap, consistently shaping Marico for its future journey. As we build on this momentum, we remain sharply focused on our Vision 2030 aspirations, guided by a clear pathway rooted in innovation, purposeful brand building, and operational excellence. I am pleased to present to you the eighth Integrated Annual Report of your Company. This year’s theme, “Advancing towards Vision 2030”, reflects a defining phase in Marico’s journey as it continues to evolve into a well-rounded, diversified, digital-first multinational FMCG enterprise. Over three decades ago, Marico began its journey with a simple yet powerful aspiration: to build a company that makes a difference. What began as a modest start has evolved into a purpose-driven organisation, guided by strong values and a distinctive culture. Rooted in this resolve to ‘Make a Difference’, your Company is advancing with conviction towards its Vision 2030 aspiration of achieving ₹20,000 Crore in revenue, delivering profitable growth, and creating enduring value for all its stakeholders. The strategic vectors of strengthening core franchises, scaling high-growth adjacencies, building future-ready digital brands, and deepening technological capabilities continue to shape the Company’s growth agenda. Backed by strong executio [Showing first 8,000 characters — download PDF for full document]