Refex Renewables & Infrastructure Limited informed that the Board of Directors of the Company has, at its meeting held on February 13, 2023, considered and approved the appointment of Mr. Sunny Chandrakumar Jain (DIN: 07544759) as an Additional Director (Non-Executive) of the Company effective from February 14, 2023. His appointment as a Director (Non-Executive), liable to retire by rotation, will be subject to approval of shareholders of the Company in their upcoming annual general meeting. Appointment of Ms. Talluri Jayanthi (DIN: 09272993) as an Additional Director (Independent & Non- Executive) of the Company effective from February 14, 2023.

Resignation of Mr. Shailesh Rajagopalan (DIN: 01855598) as a Director (Non-Executive) of the Company, effective from February 14, 2023. Mr. Sunny Chandrakumar Jain, aged 29 years, is having S+ years of experience in the field administration and supervision. He has graduated in Bachelors of Management Studies (B.M.S) from Lala Lajpat Rai College of Commerce and Economics, Mumbai.

He has worked in the areas of Solar Power Tendering, Liaisoning with State Board Offices, Project Management, Financing, Erection and Commissioning of 30 MW Solar Power projects, coal trading, coal ash handling and purchase of raw copper scrap and sales of finished copper goods, trading in stainless steel and refrigerant gases. Ms. Talluri Jayanthi, aged 50 years, is a legal professional with an extensive experience of more than 24 years comprising of successful litigant counsel and in- house Corporate Counsel in vari ed sectors including but not limited to Healthcare, IT& ITES, Infrastructure, Real Estate, Commercial Corporate matters, Airports, Domestic & Family disputes, Labour Laws, Property Laws, Corporate Litigation. Ms. Jayanthi Talluri, is an Alumni of National Law School of India University (NLSIU), Bangalore.

She is a legal professional with an extensive experience of more than two decades and hails from Family of Lawyers. Under the guidance and tutelage of her beloved Father, Late Mr. T.S. Haranath, a Senior Advocate and renowned Litigant Counsel in the Bar of the Hon'ble High Court of erstwhile United State of Andhra Pradesh, she gained subject expertise. Ms.Talluri is an IIIAM certified International Business Negotiator, a Certified Six Sigma Green Belt Holder in Contract Management, an accomplished Corporate Trainer on Prevention of Sexual Harassment at Workplace (POSH), and External Member & Enquiry Officer in IC Committees in numerous Corporates.

Previously, she has worked as Head Legal, Risk & Compliance in a Healthcare Organisation, Rainbow Children's Medicare Private Limited (Rainbow Group of Hospitals) and other Companies i.e., CallHealth Services Private Limited, GMR Hyderabad International Airport Limited, etc. Ms. Talluri Jayanthi is also serving as an independent director on the board of following companies: International Conveyors Limited (listed) and Talluri Law Consultancy (OPC) Private Limited. Re-constitution of various committees of the Board of Directors of the Company, effective from February 14, 2023, consequent to change in the Board's composition due to appointments and cessations of directors: Audit Committee: Ms. Jayanthi Talluri, Non-Executive Independent Director, Chairperson, Mr. Pillappan Amalanathan, Non-Executive Independent Director, Member and Mr. Kalpesh Kumar, Managing Director, Member.

Nomination and Remuneration Committee: Ms. Jayanthi Talluri, Non-Executive Independent Director, Chairperson, Mr. Pillappan Amalanathan, Non-Executive Independent Director, Member and Mr. Anil Jain, Non-Executive Director, Member. Stakeholders' Relationship Committee: Mr. Pillappan Amalanathan, Non-Executive Independent Director Chairman, Mr. Sunny Chandrakumar Jain, Non-Executive Director, Member, and Mr. Anil Jain, Non-Executive Director, Member. Banking & Authorization Committee: Mr. Kalpesh Kumar, Managing Director, Chairman, Mr.Anil Jain, Non-Executive Director, Member and Mr. Sunny Chandrakumar Jain, Non-Executive Director, Member.