AVANTEL LIMITED ANNOUNCES BOARD MEETING OUTCOMES

• Board approved revision in remuneration for Mr. Abburi Siddhartha Sagar to ₹55 Lakhs per annum. • Approved re-appointment of Mr. Abburi Siddhartha Sagar as Executive Director for five years from March 8, 2027. • Approved appointment of Mr. Peddi Bala Bhaskar Rao as Additional Director (Operations) for three years from July 11, 2026. • Approved re-appointment of Mr. Vyasabhattu Ramchander as Independent Director for a second term of five years from May 6, 2027. • Approved reconstitution of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee. • Approved notice of postal ballot to seek member approval for director re-appointments and appointment. Impact: Board meeting outcomes and director appointments.

Avantel Ltd

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