Listing Department, National Stock Exchange of India Ltd. "Exchange Plaza," Bandra-Kurla Complex, Bandra (E), MUMBAI

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1 Ref: IPAPPM/SEC/CG/9 Dt : April 9, 29 Department of Corporate Services BSE Limited 4 th Floor, P.J. Towers, Dalal Street, MUMBAI :: 4 (BSE Scrip Code No.5233} Listing Department, National Stock Exchange of India Ltd. "Exchange Plaza," Bandra-Kurla Complex, Bandra (E), MUMBAI (Symbol - lpappm; Series- EQ} Dear Sirs, Pursuant to Regulation 27 (2) (a) of SEBI {Listing Obligations and Disclosure Requirements) Regulations, 25, we send herewith the compliance report on Corporate Governance for the quarter ended March 3, 29. Please acknowledge the receipt. Thanking you, Yours faithfully, For INTERNATIONAL PAPER APPM LIMITED C. PRABHAKAR SR. VICE PRESIDENT (CORPORATE AFFAIRS) & COMPANY SECRETARY Encl: As above. INTERNATIONAL PAPER APPM LIMITED (Formerly known as The Andhra Pradesh Paper Mills Limited) (Corporate Identity Number: L2AP964PLC8) Corp. Office: Krishe Sapphire Building, 8"' Floor, -89/3/B4 to 42/KS/8, Hi-tech City Main Road, Madhapur, Hyderabad - 5 8, India. Tel: Fax: website: Regd. Office: Rajahmundry- 533 S, East Godavari Dist., Andhra Pradesh, India. An ISO 9, ISO 4 and OHSAS 8 Certified Company

2 . Name of Listed Entity: International Paper APPM Limited 2. Quarter ending March 3, 29 COMPLIANCE REPORT ON CORPORATE GOVERNANCE 3 I. Composition of Board of Directors SI. Title Name of the Director PAN & DIN Category Date of Tenure No of No (Mr./ (Chairperson Appointment Directorship Ms.) /Executive/Non- in the current in listed Executive/ term I entities Independent/ cessation including this Nominee) listed entity [Refer Regulation 25() of Listing Regulations]. Mr. Donald P. Devlin PAN: DKGPD45N Chairperson - 28-Apr-27 5 DIN: Executive 2. Mr. M.S. Ramachandran PAN: AGJPM997J Independent -Apr DIN: Ms. Ranjana Kumar PAN: AESPK9527J Independent -Apr-24/ 5 4 DIN : Mar Mr. Adhiraj Sarin PAN: AOBPS8742N Independent -Apr DIN: Mr. Milind Sarwate PAN: AAOPS7258N Independent -Apr DIN: Mr. Praveen P Kadle PAN: AEEPK52J Independent -Apr-24 5 DIN :684 Mr. W. Michael Amick Jr. PAN: BDKPA662C Non-Executive 8-Jan-27 - DIN: Mr. Russell V. Harris Foreign National Non-Executive 25-Jul-27 - DIN: Ms. Megan A.F. Bula Foreign National Non-Executive 3-Jan-28 - DIN: No of memberships in Audit/ Stakeholder Committee(s) including this listed entity [Refer Regulation 26() of Listing Regulations] 4 No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity [Refer Regulation 26() of Listing Regulations] 2 / -?ap;-,:,s :: I y er,..,. (:i) A, '/., -... l

3 II. Composition of Committees Name of the Committee Audit Committee Nomination & Remuneration Committee Stakeholders Relationship Committee Risk Management Committee Corporate Social Responsibility Committee - Name of Committee Members Category {Chairperson/ Executive/ Non Executive/ Independent/ Nominee). Mr. Praveen P Kadle Chairperson - Independent 2. Mr. Milind Sarwate Independent 3. Mr. Adhiraj Sarin Independent 4. Mr. W. Michael Amick Jr. Non-Executive. Mr. Adhiraj Sarin Chairperson - Independent 2. Mr. M.S. Ramachandran Independent 3. Mr. W. Michael Amick Jr. Non-executive 4. Mr. Donald P. Devlin Executive. Ms. Ranjana Kumar Chairperson - Independent upto March 3, Mr. Donald P. Devlin Executive 3. Ms. Megan A.F. Bula Non-executive. Mr. M.S. Ramachandran 2. Ms. Ranjana Kumar 3. Mr. Donald P. Devlin Chairperson - Independent Independent upto March 3, 29 Executive Ill. Meeting of Board of Directors Date(s) of Meeting in the previous quarter 24-ct-28 Date(s) of Meeting in the relevant quarter 3-Jan-29 Maximum gap between any two consecutive (in number of days) 97 IV. Meeting of Committees Type of Meeting Audit Committee Nomination and Remuneration Stakeholders Relationship Committee Date(s) meeting of the committee in the relevant quarter 3-Jan-29 3-Jan-29 3-Jan-29 Whether requirement of Quorum met (details) All the five Members attended the Meeting All the four Members attended the Meeting All the three Members attended the Meeting Date{s) of meeting of the committee in the previous quarter 24-ct ct-28 - Maximum gap between any two consecutive (in number of days) Not applicable - Pap S' '[ J -, &/

4 V. Related Party Transactions : No material Related Party Transactions have been entered during the quarter Subject Compliance status (Yes/No/NA} Whether prior approval of audit committee obtained Yes Whether shareholder approval obtained for material RPT Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit Committee VI. Affirmations _ The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, Yes 2. The composition of the following committees is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 25 a. Audit Committee - Yes b. Nomination & remuneration committee - Yes c. Stakeholders relationship committee - Yes d. Risk management committee (applicable to the top listed entities) - Not applicable 3. The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, Yes 4. The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 25. -Yes 5. a. This report and/or the report submitted in the previous quarter has been placed before Board of Directors-Yes b. Any comments/observations/advice of Board of Directors may be mentioned here: The Compliance report on Corporate Governance for the quarter ended December 3, 28 had been placed before the Meeting of Board of Directors held on January 3, 29 and there are no comments/observations/ advice by the Board of Directors. Compliance report on Corporate Governance for the quarter ended March 3, 29 will be placed before the Meeting of Board of Directors to be held on May 2, 29. Date : April 9, 29 Place : Hyderabad For INTERNATIONAL PAPER APPM LIMITED c. l\p. C PRABHAKAR Sr. VICE PRESIDENT (CORPORATE AFFAIRS) & COMPANY SECRETARY

5 INTERNATIONAL PAPER APPM LIMITED Corporate Governance at the financial year ended March 3, 29 I. Disclosure on website in terms of Listing Regulations Details of business Item Terms and conditions of appointment of independent directors Composition of various committees of board of directors Code of conduct of board of directors and senior management personnel Details of establishment of vigil mechanism/ Whistle Blower policy Criteria of making payments to non-executive directors Policy on dealing with related party transactions Policy for determining 'material' subsidiaries Details of familiarization programmes imparted to independent directors Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances address for grievance redressal and other relevant details Financial Results Shareholding Pattern Details of agreements entered into with the media companies and/or their associates New name and the old name of the listed entity Compliance status (Yes/No/NA) Refer note below

6 :: 2 :: II Annual Affirmations Particulars Regulation Compliance Number status (Yes/No/NA) Ref er note below Independent director(s) have been appointed in terms of 6()(b) & specified criteria of 'independence' and / or 'eligibility' 25(6) Board composition 7() Meeting of Board of Directors 7(2) Review of compliance Reports 7(3) Plans for orderly succession for appointments 7(4) Code of Conduct 7(5) Fees/ compensations 7(6) Minimum Information 7(7) Compliance Certificate 7(8) Risk Assessment & Management 7(9) Performance Evaluation of Independent Directors 7() Composition of Audit Committee 8() Meeting of Audit Committee 8(2) Composition of Nomination & Remuneration Committee 9() & (2) Composition of Stakeholder Relationship Committee 2() & (2) Composition and role of Risk Management Committee 2(),(2),(3) & (4)

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8 :: 4 :: Note In the column "Compliance Status", compliance or non-compliance may be indicated by Yes/No/N.A. For example, if the Board has been composed in accordance with the requirements of Listing Regulations, "Yes" may be indicated. Similarly, in case the Listed Entity has no related party transactions, the words "N.A." may be indicated. 2 If status is "No" details of non-compliance may be given here. 3 If the Listed Entity would like to provide any other information the same may be indicated here. Ill Affirmations: Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity- Place: Hyderabad Date: April 9, 29 For INTERNATIONAL PAPER APPM LIMITED c_, f" '" C. Prabhakar Sr. Vice President (Corporate Affairs) & Company Secretary