InfoBeans Technologies Limited — THE SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992

To InfoBeans Technologies Limited SEZ Unit, Crystal IT Park, STP-1, 2 nd Floor, Ring Road, Indore, . Madhya Pradesh - 452001 Madam , Kind attention: Ms . Surbhi Jain, Company Secretary and Compliance Officer Sub: Request for Informal guidance by way of an interpretive letter under the provisions of SEBI (Informal Guidance) Scheme, 2003 received from InfoBeans Technologies Limited ("Company") seeking interpretation of the provisions of regulation 16(1)(b)(iv) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 This is with reference to your letter dated February 25, 2025 read with clarification dated March 21, 2025 ("Application") seeking interpretative letter under SEBI (Informal Guidance) Scheme 2003 in respect of the term "material pecuniary relationship" used in regulation 16(1)(b)(iv) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("LODR Regulations") in the context of an Independent Director . The following information is gathered from your Application: InfoBeans Technologies Limited ("Company " / "Applicant " ) is an entity having its registered office at Indore, Madhya Pradesh. The shares of the Company are listed on National Stock Exchange of India Limited and BSE Limited . Deputy General Manager Corporation Finance Department Policy and Development – 2 rajkd@sebi.gov.in 022 -26449253 No.: SEBI/HO/CFD/PoD2/OW/P/2025/13133/1 May 14, 2025 The Company has appointed an Independent Director and pays sitting fees/commission as per the permissible limit under the Companies Act. Subsequently, the Company intends to engage the same individual (Ms. Opal Perry) as a consultant to its US-based subsidiary, InfoBeans INC. As a consultant, the indivi