Change - Announcement of Appointment::Appointment of Mr Guenter Butschek as an Additional Non-Executive Independent Director

Issuer & Securities

Issuer/ Manager
TATA MOTORS LIMITED
Securities
TATA MOTORUS$300M5.875%N250520 - XS2079668609 - FGLB
TATA MOTORUS$500M4.625%N200430 - XS1121907676 - 19RB
TATA MOTORUS$250M5.75%N241030 - XS1121908211 - 19SB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
13-Mar-2025 23:39:45
Status
New
Announcement Sub Title
Appointment of Mr Guenter Butschek as an Additional Non-Executive Independent Director
Announcement Reference
SG250313OTHR4XDJ
Submitted By (Co./ Ind. Name)
Maloy Kumar Gupta
Designation
Company Secretary
Effective Date and Time of the event
13/03/2025 17:00:00
Description (Please provide a detailed description of the event in the box below)
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI Listing Regulations ), we hereby inform you that the Board of Directors of the Company at its Meeting held today, i.e., March 13, 2025, based on the recommendation of the Nomination and Remunertion Committee, has approved the appointment of
Mr. Guenter Butschek (DIN: 07427375) as an Additional Non-Executive Independent Director of the Company for a tenure of 5 years, from May 1, 2025 to April 30, 2030 (both days inclusive), subject to approval of the shareholders of the Company

Additional Details

Date Of Appointment
01/05/2025
Name Of Person
Guenter Butschek
Age
64
Country Of Principal Residence
Germany
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
Mr. G nter Butschek is a globally experienced (South Africa, China, India, South Korea, Europe) Chief Executive leading holistic industrial strategies and operational excellence in aerospace and automotive industry. He is recognized as a thought leader and for running turnaround initiatives including large-scale business transformations, optimizing manufacturing footprints, aligning end-to-end supply chain operations, improving global operating systems, leading joint ventures and creating partnerships with social partners, private and public authorities as well as fostering organizational culture of teamwork, agility and accountability.

Since April 2022, Mr. Butschek is the Chief Executive Officer ( CEO ) of Cubonic GmbH, a pioneering provider of sustainable, highly customizable electric LCV solutions offering automated to autonomous driving, seamless connectivity to customers ecosystems, peace-of-mind reliability and improved productivity and profitability. He is also a Non-Executive Director of Cheesecake Energy Limited, UK with effect from
February 1, 2023.

Preceding that he was the CEO & MD of Tata Motors Limited ( TML ) from February 15, 2016 to June 30, 2021, also serving on several TML affiliated company Boards as Chairman and
Non-Executive Director.
Whether appointment is executive, and if so, the area of responsibility
N.A.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Additional Non Executive Independent Director
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries
There is no inter-se relationship between Mr. Butschek and any other Directors of the Company.
Conflict of interests (including any competing business)
Not Applicable
Working experience and occupation(s) during the past 10 years
Mr. G nter Butschek is a globally experienced (South Africa, China, India, South Korea, Europe) Chief Executive leading holistic industrial strategies and operational excellence in aerospace and automotive industry. He is recognized as a thought leader and for running turnaround initiatives including large-scale business transformations, optimizing manufacturing footprints, aligning end-to-end supply chain operations, improving global operating systems, leading joint ventures and creating partnerships with social partners, private and public authorities as well as fostering organizational culture of teamwork, agility and accountability.

Since April 2022, Mr. Butschek is the Chief Executive Officer ( CEO ) of Cubonic GmbH, a pioneering provider of sustainable, highly customizable electric LCV solutions offering automated to autonomous driving, seamless connectivity to customers ecosystems, peace-of-mind reliability and improved productivity and profitability. He is also a Non-Executive Director of Cheesecake Energy Limited, UK with effect from
February 1, 2023.

Preceding that he was the CEO & MD of Tata Motors Limited ( TML ) from February 15, 2016 to
June 30, 2021, also serving on several TML affiliated company Boards as Chairman and
Non-Executive Director.

Prior to this, he was engaged with Airbus, in the capacity of Global Chief Operating Officer, Chief Executive Officer Airbus Germany, member of the Management Board - Airbus Group and on various Supervisory Board Mandates. He has also performed in various management functions and in several global constituencies within the Daimler Group.
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Principal Commitments* Including Directorships#
*"Principal Commitments" has the same meaning as defined in the Code
# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).
Past (for the last 5 years)
NA
Present
NA
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
No
(c) Whether there is any unsatisfied judgment against him?
No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
No
Disclosure applicable to the appointment of Director only.
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
he was the CEO & MD of Tata Motors Limited ( TML ) from February 15, 2016 to
June 30, 2021, also serving on several TML affiliated company Boards as Chairman and
Non-Executive Director.

Attachments

NSEBSEFINAL.pdf
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