Essar Shipping Limited at its 12th Annual General meeting held on 8th September 2022 approved the appointment of following Directors: Ms. Raichel Mathew as Non-Executive, Non Independent Director of the Company. Mr. Sunil Modak as Non-Executive, Independent Director of the Company. Ms. Raji Chandrasekhar as Non-Executive, Independent Director of the Company.

Raichel Mathew joined Essar Group in 1986 and has more than 36 years of experience within the group in various roles responsibilities. She has experience in fleet personal- payroll like floating staff officers and Crew Salary accounting, Accounting of Master disbursement statements, Reconciliation of Officers and Crew Employee account, Reconciliation of Manning agent account. During her tenure she also handled customer accounting (Receivable) SD Module.

Her work mainly included vendor Accounting (Payable) -SAP Module, accounting of NPO and PO invoices, Accounting of payment entries, Vendor account reconciliation, Bank reconciliation, handling General accounting, Vendor clearing etc. Sunil Modak joined Essar group in May 1984 and has more than 32 years of experience in all aspects of shipping industry including inland, Coastal and Foreign waters. During his tenure in Essar group he was working in day to day technical matters of the vessels, Correspondence with MMD and DG, Assisted in preparing tenders for IOC etc., secured exposure to Maritime legal matters, assisted in onboarding of officers and crew, Laisoning with shipbrokers worldwide, Preparing MOAs for sale and purchase of ships, Preparing Charter party agreements etc., He has during his tenure independently carried out full sequence of taking over of ship, Prepared letters for Oil Majors, Flag States, Port State authorities, Class Societies on various Shipping related matters etc.

He is a graduate in COP 2nd class 1981, GOI and was associated the group till 2017. Raji Chandrasekhar joined Essar in the year 2008 and was associated with the group until 2016. Prior to this, she has worked with Reliance Industries for 16 years in Administrative capacity.

A graduate from Mumbai University in Commerce, with an overall experience of 32 years her last stint was with NRB Bearings Ltd. assisting the Managing Director's office. Her exposure to functioning of listed companies will be of assistance to the Board.