MARICO LIMITED

Marico Limited is one of India's leading consumer products companies operating in the beauty and wellness space. Empowered with freedom and opportunity, we work to make a difference to the lives of all our stakeholders - members, associates, consumers, investors and the society at large. Currently present in 25 countries across emerging markets of Asia and Africa, Marico has nurtured multiple brands in the categories of hair care, skin care, edible oils, health foods, male grooming, and fabric care. Marico's India business markets household brands such as Parachute, Parachute Advansed, Saffola, Hair & Care, Nihar, Nihar Naturals, Livon, Set Wet, Mediker and Revive among others that add value to the life of 1 in every 3 Indians. The International business offers unique brands such as Parachute, HairCode, Fiance, Caivil, Hercules, Black Chic, Isoplus, Code 10, Ingwe, X-Men and Thuan Phat that are localized to fulfil the lifestyle needs of our international consumers. Charting an annual turnover of INR 59 billion (Financial Year 2016 - 2017) across our portfolio, Marico's sustainable growth story rests on an empowering work culture that encourages our members to take complete ownership and make a difference to the entire business ecosystem.Marico (BSE: 531642, NSE: "MARICO") is one of India's leading Consumer Products Group, in the globalbeauty and wellness space. During 2016-17, Marico recorded a turnover of INR 59 billion (USD 886 Million)through its products sold in India and about 25 other countries in Asia and Africa.Marico (BSE: 531642, NSE: "MARICO") is one of India's leading Consumer Products Group, in the globalbeauty and wellness space. During 2015-16, Marico recorded a turnover of about Rs. 61 billion (USD 915Million) through its products sold in India and about 25 other countries in Asia and Africa.Marico touches the lives of 1 out of every 3 Indians, through its portfolio of brands such as Parachute,Parachute Advansed, Saffola, Hair & Care, Nihar, Nihar Naturals, Livon, Set Wet, Mediker and Revive. Theinternational consumer products portfolio contributes to about 22% of the Group's revenue, with brandslike Parachute, HairCode, Fiance, Caivil, Hercules, Black Chic, Code 10, Ingwe, X-Men, and Thuan Phat.Marico's focus on sustainable profitable growth is manifest through its consistent financial performance,a CAGR of 16% in Turnover and 19% in Profits over the past 5 years. Marico South Africa Pty. Limited (MSA), a wholly owned step-down subsidiary ofMarico Limited (BSE: 531642, NSE: "MARICO") today announced the acquisition of Business includingrelated intellectual property rights of ISOPLUS, a leading hair styling brand in South Africa from JMProducts SA Pty. Limited (JM Products) and Ms. Mary L Harris, its owner for a consideration of 75 millionSouth African Rand (circa INR 36 Crore) at a revenue multiple of 1.2. This strategic buyout will enable MSAto become a full spectrum ethnic hair care company in South Africa.The acquisition comprises purchase of manufacturing facilities, working capital and all intellectualproperty rights owned by JM Products and Ms. Mary L Harris. The acquisition is expected to be fullyconsummated by mid-Q3 FY18.Founded in 1995, JM Products is one of the largest African-American owned companies thatmanufactures hair care products in South Africa. The business operates in styling products, the secondfastest growing segment within ethnic hair care. With a value market share of 27%, Isoplus is the leader inthe styling segment, with oil sheens and styling gels being the main contributors to the brand's top line. In2016, J M Products clocked a sales turnover of 62 million South African Rand (circa INR 30 Crore)Marico (BSE: 531642, NSE: "MARICO") is one of India's leading Consumer Products Group, in the globalbeauty and wellness space. During 2016-17, Marico recorded a turnover of INR 59 billion (USD 886Million) through its products sold in