Nestlé India Limited has announced a key leadership change with the nomination of Mr. Edouard Mac Nab as Executive Director – Finance & Control and Chief Financial Officer, effective March 1, 2026. The appointment is subject to regulatory approvals and will see Mac Nab succeed Ms. Svetlana Boldina in this critical role.

Leadership Transition Details

The company informed stock exchanges that Mac Nab's nomination follows their earlier communication dated December 10, 2025. The proposal will be presented to the Audit Committee and Board of Directors at their upcoming meetings, after receiving a recommendation from the Nomination and Remuneration Committee.

Executive Profile and Experience

Mr. Edouard Mac Nab, aged 54, currently serves as Head of Finance & Control at Nestlé Canada, where he has played a pivotal role in restoring profitability and transforming the Finance organization to accelerate the digital agenda. His extensive international experience spans over 25 years across multiple regions including Asia, North America, Latin America, and Europe.

Educational Background and Career Highlights

Mac Nab holds a Bachelor's degree in Business Administration with a major in Finance/Accounting and a degree in Law. He is recognized as a change agent with a proven track record in several key areas:

• Business turnarounds
• Strategic planning
• Sustainability initiatives
• Digital transformation

Nestlé Group Experience

Within the Nestlé organization, Mac Nab joined Nestlé France as Chief Financial Officer in February 2022 before transitioning to his current role at Nestlé Canada in September 2024. His tenure has been marked by significant contributions to organizational transformation and financial performance improvement.

Previous Professional Experience

Before joining the Nestlé group, Mac Nab held senior finance leadership positions at several multinational corporations, demonstrating his versatility across different industries and markets:

• Reckitt
• Mead Johnson Nutrition
• Bristol-Myers Squibb

Regulatory Compliance

The announcement was made in compliance with Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The company has informed both BSE Limited and National Stock Exchange of India Limited about this key managerial personnel change, ensuring full transparency with stakeholders and regulatory authorities.

Nestlé India Limited has announced key dates regarding a potential interim dividend for Financial Year 2025-26, setting February 6, 2026 as the record date for determining shareholder entitlement. The announcement comes as part of the company's regulatory compliance under SEBI Listing Regulations.

Board Meeting and Dividend Consideration

The company's Board of Directors will consider declaring an interim dividend for Financial Year 2025-26 at their meeting scheduled for Friday, January 30, 2026. This meeting will also review the unaudited financial results (standalone and consolidated) for the third quarter and nine months ended December 31, 2025.

Key Dates and Timeline

The company has established a clear timeline for the dividend process, contingent on Board approval:

Shareholder Information

For dividend entitlement determination, the company has provided specific details about its equity structure:

Trading Window Restrictions

In compliance with insider trading regulations, Nestlé India has implemented a trading window closure for its equity shares. The trading window will remain closed from January 1, 2026 to February 1, 2026, both days inclusive. This restriction applies during the period leading up to the financial results announcement and dividend consideration.

Regulatory Compliance

The announcements have been made in accordance with Regulation 29 and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has notified both BSE Limited and National Stock Exchange of India Limited about these developments, ensuring full transparency with market participants and regulatory authorities.