Shops and establishments legislations in various states

Under the provisions of local shops and establishments legislations applicable in the states in India where our establishments
are set up, such establishments are required to be registered. Such legislations regulate the working and employment conditions
of the workers employed in shops and establishments, including commercial establishments, and provide for fixation of working
hours, rest intervals, overtime, holidays, leave, termination of service, maintenance of records, maintenance of shops and
establishments and other rights and obligations of the employers and employees. These shops and establishments acts, and the
relevant rules framed thereunder, also prescribe penalties in the form of monetary fine or imprisonment for violation of
provisions, as well as procedures for appeal in relation to such contravention of the provisions.

Laws related to Intellectual Property
Trademarks Act, 1999 (“Trademarks Act”)

The Trademarks Act provides for the application and registration of trademarks in India. The purpose of the Trademarks Act is
to grant exclusive rights to marks such as a brand, label and heading and to obtain relief in case of infringement of such marks,
Application for the registration of trademarks has to be made to Controller-General of Patents, Designs and Trademarks who is
the Registrar of Trademarks for the purposes of the Trademarks Act. The Trademarks Act prohibits any registration of
deceptively similar trademarks or chemical compound among others. It also provides for penalties for infringement, falsifying
and falsely applying trademarks and using them to cause confusion among the public.

The Patents Act, 1970 (“Patents Act”)

The Patents Act governs the patent regime in India. India is a signatory to the Trade Related Agreement on Intellectual Property
Rights (“TRIPS”); India recognizes both product as well as process patents. The Patents Act provides for the following, among
other things:

. Patent protection period of 20 years from the date of filing the patent application;

. Recognition of product patents in respect of food, medicine and drugs;

. Import of patented products will not be considered as an infringement; and

. Under certain circumstances, the burden of proof in case of infringement of process patents may be transferred to the

alleged infringer. An application for a patent can be filed in any of the four patent offices in India.
Laws relating to taxation

In addition to the aforementioned material legislations which are applicable to our Company, some of the tax legislations that
may be applicable to the operations of our Company include:

° Central Goods and Service Tax Act, 2017 and various state-wise legislations made thereunder;
. Integrated Goods and Services Tax Act, 2017;

. Central Sales Tax Act, 1956 and various state-wise legislations made thereunder;

. Income Tax Act 1961, as amended by the Finance Act in respective years;

. Customs Act, 1961;

° Indian Stamp Act, 1899 and various state-wise legislations made thereunder; and

. State-wise legislations in relation to professional tax.

Laws relating to Employment
Certain other laws and regulations that may be applicable to our Company in India include the following:

. Andhra Pradesh (Issuance of Integrated Registration and Furnishing of Combined Returns under various labour laws
by certain Establishments) Act, 2015;

. Employees Compensation Act, 1923;

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