Gujarat Pipavav Port Limited at its meeting held on May 22, 2024 approved the resignation tendered by Mr. Tejpreet Singh Chopra, Chairman and Independent Director of the Company effective 23rd May 2024. Further, the Board of Directors unanimously approved the appointment of Mr. Samir Chaturvedi, Independent Director of the Company, as Chairman of the Board with effect from 23rd May 2024, in order to ensure seamless transition of the responsibilities of the Chairman of the Board. Also Mr. Keld Pedersen, Non Executive Non Independent Director has tendered his resignation to be effective from 23rd May 2024.

With these changes, the Company's Board of Directors shall have 9 Members comprising 3 Independent Directors including the Chairman of the Board, 1 Nominee from Gujarat Maritime Board and 5 Directors including the Managing Director representing the Promoter APM Terminals. The Board of Directors have also approved the appointment of Ms. Matangi Gowrishankar, Independent Director as Member of the Stakeholders Relationship Committee in place of Mr. Tejpreet Singh Chopra. The Committee shall comprise three Members with two of them being Independent Directors and the third member is the Managing Director of the Company.

Reason for Change: Resignation by Mr. Tejpreet Singh Chopra, Chairman and Independent Director of the Company. Names of listed entities in which the resigning director holds directorships, indicating the category of directorship and membership of board committees, if any. Independent Director in the following listed companies: Eicher Motors Limited, Tube Investments of India Limited, India Energy Exchange Limited, Indraprastha Medical Corporation Limited.

Committee Memberships in the following listed companies: Eicher Motors Limited, Risk Management, Tube Investments of India Limited, Risk Management Audit, Nomination & Remuneration, CSR.