Biocon Limited at the 45th Annual General Meeting (`AGM') held on August 11, 2023 approved Appointment of Ms. Rekha Mehrotra Menon (DIN: 02768316) as an Independent Director of the Company, for a term commencing from July 26, 2023 till the conclusion of the 48th AGM of the Company to be held in the year 2026. Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwise: Change in designation from Additional Director (Category Independent) to Independent Director.

Professional Experience: Nearly 20 years at Accenture, including 7+ years as Chairperson of Accenture in India. Chair of the G20 EMPOWER Working Group on Corporate Women Empowerment. First woman to serve as Chairperson of NASSCOM.

Member of the NASSCOM Executive Council since 2016, serving as Chairperson in 2021-2022. Member of the National Council of Confederation of Indian Industry (CII). Member of the India Advisory Council of U.S.-India Business Council (USIBC).

Co-founder of Talisma Corporation, a VC-funded CRM software product business. Country Managing Director of Aditi Services, a software services company. Co-Founder of Pratham Books, a non-profit publisher of books for children.

Actively involved in industry and community organizations, including her role as a board member of XLRI Xavier School of Management and Invest India.