Meeting Agenda

Meeting between:

1. Economic Transformation Council represented by Managing Director, Mr. Mohamed Amjad Padiyath
2. Introducing Agents: Mr. Sathyan & Mr. Anoop Krishnan
3. Investor Representative: Mr. Sunil Menon

Date: July 1, 2024 (Postponed)

Time: 10:00 AM to 5:00 PM (Postponed)

Location: Bangalore, Karnataka

Subject:

1. Investment Proposal by Mr. Sunil Dutt

• Discussion on the intent of a society body looking to invest in Indian industries (excluding real estate and construction).
• Understanding the investment goals and expectations of the society body.

2. Expected ROI

• Discussion on the society’s expectation of a 9% per annum return on investment in the form of interest.

3. Investment Security and Protection

• Understanding the terms under which the investment, though unsecured and without collateral, will be protected with privileges for priority settlement in the event of company dilutions.

4. Opportunities within the Council

• Overview of member organizations and companies within the Council seeking investment for business expansion.
• Identifying potential companies that show traction and can be presented to the society for investment consideration.

5. Revenue Interests and Charges

• Discussion on protecting the revenue interests of the Council.
• Consideration of nominal charges, fees, or equity from the society or member organizations for relationship building.

6. Terms of Engagement

• Finalizing terms for both longterm and shortterm engagements between the society and the Council.

7. Fee Protection for Mediators

• Ensuring fee protection patterns for entities acting as mediators in the investment process.

8. Pilot Investable Company

• Sharing details of a pilot investable company with the society for initial consideration.

Closing:

• Summarize the key points discussed.
• Outline the next steps and assign action items.
• Schedule followup meetings if necessary.

Prepared by:

Dr. Sari Changaramkumarath

Title: Senior Director

Date: June 30, 2024