The board of directors of Carborundum Universal Limited their meeting held 24th June 2024 in connection with the proposed changes in its composition: Retirement of Independent Directors: Mr. Sanjay Jayavarthanavelu and Mr. Aroon Raman were re-appointed as Independent Directors at the 65th Annual General Meeting held on 31st July 2019 for a second term of five years. Further Mrs. Soundara Kumar was appointed as an Independent director at the 66th Annual General Meeting of the Company held on 29th July 2020 for a tenure of five years from 3rd August 2019. Considering that the term of office of the above referred Board members would be concluding on 31st July 2024/2nd August 2024, they would be retiring from the Board as below: Mr. Sanjay Jayavarthanavelu ­ 31st July 2024, Mr. Aroon Raman ­ 31st July 2024, and Mrs. Soundara Kumar ­ 2nd August 2024.