Director Declaration

Magnum Ice Cream Company (MICC) announced that Abhijit Bhattacharya, its Chief Financial Officer, was appointed as a Non-Executive Director of Kwality Wall's (India) Limited, effective 30 March 2026.

Rhea-AI Summary

Magnum Ice Cream Company (MICC) announced that Abhijit Bhattacharya, its Chief Financial Officer, was appointed as a Non-Executive Director of Kwality Wall's (India) Limited, effective 30 March 2026. He will chair KWIL and join its Nomination Committee. KWIL is a subsidiary listed on BSE and NSE in India. The company confirmed no further disclosure is required under UK Listing Rule 6.4.9.

Positive

• CFO Abhijit Bhattacharya appointed Non-Executive Director of KWIL, effective 30 March 2026
• Bhattacharya will chair KWIL and serve on its Nomination Committee
• KWIL identified as a listed subsidiary on BSE and NSE in India

Negative

• None.

Key Figures

Effective date: 30 March 2026

Effective date

30 March 2026

CFO appointed as Non-Executive Director and Chair of KWIL

Historical Context

5 past events · Latest: Mar 24

5 events

1. Mar 24

   PDMR share dealings

   24h Move

   -1.2%

   Routine disclosure of multiple PDMR share transactions across exchanges.

2. Mar 20

   CEO share purchase

   24h Move

   -1.7%

   Filing of CEO’s PDMR acquisition on Amsterdam exchange under MAR rules.

3. Mar 18

   Incentive share awards

   24h Move

   -1.7%

   Grants of replacement and performance share awards to directors and PDMRs.

4. Mar 18

   Annual report release

   24h Move

   -1.7%

   Publication of 2025 Annual Report and Notice of 2026 AGM.

5. Mar 17

   Director shareholding

   24h Move

   -0.3%

   Initial disclosure of new non-executive director’s shareholding under MAR.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

non-executive director, nomination committee

2 terms

non-executive director financial

"has been appointed as a Non-Executive Director to the Board of Kwality Wall’s"

A non-executive director is a member of a company’s board who does not work for the company day-to-day but provides independent oversight, strategic guidance and checks on management. For investors, they matter because they act like an impartial referee or outside advisor, helping ensure decisions protect shareholder interests, reduce risks of poor governance, and add credibility to financial reporting and long-term strategy.

nomination committee financial

"He will Chair KWIL as well as serve as a member of its Nomination Committee."

A nomination committee is a small group of board members that screens, selects and recommends people to serve on a company’s board of directors and oversees succession planning for top executives. Think of it as a hiring panel for the board that checks skills, independence and fit so the leadership mix supports the company’s goals. Investors care because the committee shapes who sets strategy, manages risk and protects shareholder interests.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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The Magnum Ice Cream Company N.V.

(TMICC or the Company)

Director Declaration

The Company has been notified that Abhijit Bhattacharya, Chief Financial Officer, has been appointed as a Non-Executive Director to the Board of Kwality Wall’s (India) Limited (KWIL) with effect from 30 March 2026. He will Chair KWIL as well as serve as a member of its Nomination Committee. KWIL is a subsidiary of TMICC that is listed in India on the Bombay Stock Exchange Limited and National Stock Exchange of India Limited.

The Company confirms there is no further information required to be disclosed pursuant to UK Listing Rule 6.4.9.

Enquiries
Media Relations media.relations-tmicc@magnumicecream.com	Investor Relations investor.relations-tmicc@magnumicecream.com

About The Magnum Ice Cream Company

We are the world’s largest ice cream company, headquartered in Amsterdam, The Netherlands and listed on Euronext Amsterdam, the London Stock Exchange and the New York Stock Exchange. Home to four of the world’s five largest ice cream brands, with a global team of 16,500 employees, operating thirty factories, twelve R&D centres and a fleet of three million freezer cabinets, we generated €7.9 billion in revenue in 2025. From Magnum and Ben & Jerry’s to Cornetto and the Heartbrand, our ice cream portfolio delights consumers in eighty markets around the world. TMICC’s legal entity identifier is 25490052LLF3XH6G9847. For more information, visit www.corporate.magnumicecream.com.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who was appointed to the board of Kwality Wall's (India) Limited and when for MICC?

Abhijit Bhattacharya was appointed as a Non-Executive Director, effective 30 March 2026. According to the company, he is MICC's Chief Financial Officer and will chair KWIL and join its Nomination Committee, reflecting a governance role across the group.

What role will Abhijit Bhattacharya hold at KWIL after the March 30, 2026 appointment?

He will serve as Non-Executive Director and Chair of KWIL, and will be a Nomination Committee member. According to the company, these roles are in addition to his position as CFO of MICC and involve board-level governance responsibilities.

Is Kwality Wall's (India) Limited a subsidiary of MICC and where is it listed?

Yes, KWIL is a subsidiary of MICC and is listed in India on the Bombay Stock Exchange and National Stock Exchange. According to the company, KWIL's listed status was cited in the director declaration announcement.

Does MICC need to make further disclosures under UK Listing Rule 6.4.9 about this appointment?

No further information was required to be disclosed under UK Listing Rule 6.4.9. According to the company, it has confirmed that there is no additional disclosure obligation related to this director appointment.

Will Abhijit Bhattacharya retain his role as MICC Chief Financial Officer after joining KWIL's board?

Yes, he will retain his role as MICC Chief Financial Officer while serving as Non-Executive Director of KWIL. According to the company, the appointment is an additional board role alongside his CFO responsibilities.

How does the MICC announcement on March 31, 2026 affect investor communications or contacts?

The announcement does not change investor contact channels and provides media and investor relations emails. According to the company, enquiries should be directed to the listed media and investor relations addresses.