Future Retail: Announcement under Regulation 30 (LODR)-Resignation of Chairman and Managing Director

With reference to the above and pursuant to Regulation 30 and other applicable provisions of SEBI Listing Regulations read with Para A of Part A of Schedule III to SEBI Listing Regulations this is to inform that Mr. Kishore Biyani (DIN: 00005740) has tendered a letter of his resignation from the position of the Executive Chairman and Director of the Company with effect from 23rd January 2023 (intimation received by resolution professional (RP) through e-mail on 24th January 2023).The resignation letter of Mr. Kishore Biyani shall be placed before the Committee of Creditors as per the Insolvency and Bankruptcy Code 2016 read with rules and regulations framed thereunder.Nothing herein should be construed as an acceptance of the contents of the resignation letter tendered by Mr Kishore Biyani including in respect of his submissions in the resignation letter on information handover.