UNITDSPRNSE23 February 2021

United Spirits Limited has informed the Exchange regarding 'Announcement and conference call'.

United Spirits Limited

United Spirits Limited

Registered Office: ‘UB Tower’ #24, Vittal Mallya Road, Bengaluru – 560 001 Tel: +91 80 4544 8000 Fax: +91 80 3985 6862 www.diageoindia.com

National Stock Exchange of India Ltd Exchange Plaza, C-1 Block G, Bandra Kurla Complex, Bandra East, Mumbai- 400051 Scrip Code: MCDOWELL-N

23rd February 2021

BSE Limited Listing Department Dalal Street, Mumbai 400 001 Scrip Code: 532432

Dear Sirs,

Sub: Announcement and investor call

Please find attached announcement titled “Strategic Review of Selected Popular Brands” issued by the Company.

The Company will be hosting a conference call at 6 p.m. IST, today i.e. 23rd February 2021. The details of the conference call are also attached.

This is for your information & records.

Thank you,

For United Spirits Limited

Mital Sanghvi Company Secretary

Enclosed as above.

Corporate Identity Number: L01551KA1999PLC024991

contactus.india@diageo.com

Announcement

Strategic Review of Selected Popular Brands

United Spirits Ltd. (“USL”) is initiating a strategic review of selected Popular brands, continuing the strategy towards long-term profitable growth through premiumising the company’s portfolio.

USL’s Popular portfolio comprises around 30 brands and the strategic review will focus on approximately half of this portfolio by volume. This review will not include the McDowell’s or Director’s Special trademarks.

The strategic review is expected to be completed by the end of the 2021 calendar year.

Anand Kripalu, Managing Director & CEO, United Spirits Ltd, commented, ‘This review reinforces USL’s & Diageo’s commitment to deliver sustainable long-term growth and improved profitability, through a sharpened focus on core Popular and Prestige & Above brands, including international brands’.

BUSINESS UPDATE CALL

Anand Kripalu, Managing Director and Chief Executive Officer will be hosting a Business update call on Tuesday, 23 February 2021 at 18:00 hrs (IST time). If you would like to listen to the call, please use the dial in details below.

A transcript of the call will be available for download on 24th February 2021 at www.diageoindia.com.

Conference Joining Information

Option 1

Express Join with DiamondPass™ No Wait Time https://services.choruscall.in/DiamondPassRegistration/register?confirmationNumber=5234045&link SecurityString=1110e019e4

Option 2

When using dial-in numbers mentioned below please do so 10 minutes prior to the conference schedule to ensure that you are connected to your call in time.

Universal Access

+91 22 6280 1250 +91 22 7115 8151

Local Access [Available all over India]

+91-7045671221

International Toll Free

USA:

18667462133

UK:

08081011573

Singapore:

8001012045

Hong Kong:

800964448

Japan:

00531161110

Australia:

1800053698

Poland:

008001124248

Netherlands:

08000229808

Switzerland:

0800564911

France:

0800914745

Argentina:

0080014243444

Belgium:

0080014243444

Canada:

01180014243444

Germany:

0080014243444

Sweden:

0080014243444

Thailand:

00180014243444

Italy:

0080014243444

China:

4008428405

South Korea:

00180014243444

International Toll

HongKong

+852 30186877

Japan

+81 345899421

Singapore

+65 31575746

SouthAfrica

+27 110623033

UK

+44 2034785524

USA

+1 3233868721

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