Trident Limited's Board of Directors approved the re-appointment of Ms. Usha Sangwan (DIN: 02609263) as Non-Executive Independent Director of the Company for a second term of 2 years. The approval was received on May 14, 2026 at 4:00 P.M. IST, pursuant to the recommendation of the Nomination & Remuneration Committee, and was disclosed in accordance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Re-appointment Details

The following table summarises the key details of Ms. Usha Sangwan's re-appointment as disclosed by the Company:

Profile of Ms. Usha Sangwan

Ms. Usha Sangwan brings 37 years of work experience with LIC of India, including more than 30 years of Board-level experience in reputed companies such as Axis Bank, BSE Limited, Grasim Industries, Ultratech Cements, Ambuja Cement, Voltas, LIC, LIC Housing Finance, GIC RE of India, LIC Bahrain, Singapore, Nepal, and Sri Lanka. She holds a Master's Degree in Economics and a Post Graduate Diploma in Human Resource Management.

Ms. Sangwan has been recognised with the "Women Leadership Award" in the BFSI sector by the Institute of Public Enterprise and the "Brand Slam Leadership Award" by CMO Asia for her contribution to LIC. She has been featured in Forbes among the 50 top business women of South East Asia and has received the most powerful business woman award by Business Today for three consecutive years.

She is currently serving as an Independent Director in the following organisations:

• SBI Life Insurance Company Limited
• Torrent Power Limited
• Tata Motors Passenger Vehicles Limited
• Tata Passenger Electric Mobility Limited
• Tata Technologies Limited

Compliance and Declarations

Ms. Usha Sangwan has submitted a declaration confirming that she is not debarred from holding the office of director by virtue of any order of SEBI or any other such authority. She has also declared that she is not disqualified from holding the office of director pursuant to the provisions of Section 164 of the Companies Act, 2013. There is no disclosure of any relationship between Ms. Sangwan and other directors of the Company. The re-appointment is subject to shareholder approval as required under applicable regulations.

Trident Limited has notified the stock exchanges of a board meeting scheduled for Tuesday, May 19, 2026, pursuant to Regulation 29 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation, dated May 12, 2026, was communicated to both the National Stock Exchange of India Limited and BSE Limited.

Key Agenda Items

The board meeting has been convened to deliberate on several significant matters. The following table summarises the key agenda items:

Fund-Raising Proposal

Among the notable items on the agenda is a proposal to seek enabling approval at the ensuing Annual General Meeting for raising funds. The proposed fund-raising may be undertaken through:

• Non-convertible debt instruments and/or such other securities as may be permitted
• By way of a public or private offering, or any combination thereof, or any other method as permitted under applicable law
• In one or more tranches, subject to requisite regulatory and statutory approvals

Trading Window Reopening

In continuation of its earlier communication dated March 24, 2026, Trident Limited has also informed that the trading window shall reopen at 9:00 AM IST on Friday, May 22, 2026. This is in accordance with the Company's Code of Conduct for Regulating, Monitoring and Reporting of Trades by Designated Persons, adopted in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

The communication was signed by Sushil Sharma, Company Secretary (ICSI Membership No. F6535), on behalf of Trident Limited, and digitally authenticated on May 12, 2026.