Eastern Treads Limited informed that the Board of Directors in their meeting held on 12 August 2022 has approved the following changes in the Key Managerial Personnel (KMP) of the Company: Approved the appointment of Mr. Suresh S. as the new Chief Financial Officer and Key Managerial Personnel with effect from the close of business hours on 12 August 2022. Accepted the resignation of Mr. Bijo Joseph from the position of Chief Financial Officer and Key Managerial Personnel of the Company with effect from the start of business hours on 13 August 2022. Mr. Suresh S. has completed his Bachelor's degree in Commerce from Kerala University and an Associate member of Institute of Cost Accountants of India.

He is also a certified Management Accountant from IMA (USA). He has worked with various Companies and has around 30 years of vast experience in the finance and accounts. Date of appointment With effect from the start of business hours on 13 August 2022.