CMX Holdings Limited announced that the Board of Directors of the Company in their meeting held on December 19, 2023 have inter ­ alia transacted the following businesses: The Board took note of a casual vacancy arising in the Board of the Company due to the sad demise of Mr. Parmeet Singh Sood, Chairman & Managing Director of the Company and took into account his valuable services and guidance during his tenure. The Board approved the appointment of Mrs. Aveen Kaur Sood as new Chairman of the Company. The Audit Committee is re-constituted in view of demise of Mr. Parmeet Singh Sood, Chairman & Managing Director of the Company.

Following is the new composition of Audit Committee: Amit Kumar, Non-Executive- Independent Director, Chairperson. Bidhyadhar Sharma, Non-Executive- Independent Director, Member. Ankita Bhargava- Non-Executive-Independent Director, Member.

The Nomination & Remuneration Committee is re-constituted in view of demise of Mr. Parmeet Singh Sood, Chairman & Managing Director of the Company. Following is the new composition of Nomination & Remuneration Committee: Amit Kumar, Non-Executive- Independent Director, Chairperson. Bidhyadhar Sharma, Non-Executive- Independent Director, Member.

Ankita Bhargava- Non-Executive-Independent Director, Member. The Stakeholders Relationship Committee is re-constituted in view of demise of Mr. Parmeet Singh Sood, Chairman & Managing Director of the Company. Following is the new composition of Stakeholders Relationship Committee: Amit Kumar, Non-Executive- Independent Director, Chairperson.

Bidhyadhar Sharma, Non-Executive- Independent Director, Member. Ankita Bhargava- Non-Executive-Independent Director, Member. The Board approved to change the authorized signatory details given demise of Mr. Parmeet Singh Sood, Chairman & Managing Director of the Company for form filing and other statutory requirements for conducting transactions in the ordinary course of business.