Change - Announcement of Cessation::Changes to the Board of Directors of Azure Power

Issuer & Securities

Issuer/ Manager: AZURE POWER ENERGY LTD
Securities: AZUREPOWUS$414M3.575%N260819R - USV0002UAA52 - 5E6B
AZUREPOWUS$414M3.575%N260819A - US05502VAA17 - ORWB
Stapled Security: No

Announcement Title: Change - Announcement of Cessation
Date &Time of Broadcast: 03-Nov-2023 18:10:39
Status: New
Announcement Sub Title: Changes to the Board of Directors of Azure Power
Announcement Reference: SG231103OTHR77RP
Submitted By (Co./ Ind. Name): Vikas Bansal
Designation: Head - Investor Relations
Effective Date and Time of the event: 01/11/2023 18:00:00
Description (Please provide a detailed description of the event in the box below): Azure Power Global Limited (the Company or Azure Power), a leading sustainable energy solutions provider and renewable power producer in India, today announced that Mr. Deepak Malhotra and Mr. Cyril Cabanes, nominees of CDPQ Infrastructures Asia Pte Ltd, each have resigned as members of the Boards of Directors of each of the Company and of Azure Power India Private Limited, effective October 29, 2023 and October 30, 2023, respectively, ending their terms with the Azure group.

Name Of Person: Cyril Cabanes
Age: 49
Is effective date of cessation known?: Yes
If yes, please provide the date: 30/10/2023
Detailed Reason (s) for cessation: Resigned, reason not disclosed
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?: No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?: No
Any other relevant information to be provided to shareholders of the listed issuer?: No
Date of Appointment to current position: 20/12/2016
Does the AC have a minimum of 3 members (taking into account this cessation)?: Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation): 0
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months: 4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.): Non-Executive Director
Role and responsibilities: Non-Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries: No
Shareholding interest in the listed issuer and its subsidiaries?: No
Other Directorships
Past (for the last 5 years): None
Present: None

Total size =302K