Name: Mr. Padma Jyoti

Post: Alternate Director Representing Ceylinco Insurance PLC

Appointment Date: 2080/12/27

Mr. Padma Jyoti has been alternate member of the Board of Directors at SALICO since 29th Falgun 2079. He previously served on the Board of Directors of the former Sagarmatha Insurance Company Limited. Mr. Jyoti holds a B. Tech. in Mechanical Engineering from IIT Kanpur, India, and a Master of Science degree from the Sloan School of Management, Massachusetts Institute of Technology, USA. A prominent Nepalese industrialist and politician, Mr. Jyoti is the former Chairman of Jyoti Group of Companies and was the President of the Federation of Nepalese Chambers of Commerce and Industry. In 2002, he was elected President of the South Asian Association for Regional Cooperation Chambers of Commerce and Industry (SCCI) at its 8th General Assembly. He plays a key role in overseeing various operations across industries under the Jyoti Group. A highly seasoned business tycoon, Mr. Jyoti is also the founder and leader of the Padma Jyoti Group, a business house dedicated to fostering entrepreneurial passion within Nepal’s business ecosystem. Additionally, Mr. Jyoti holds several key positions, including a member of the Board of Directors at Shangri-La Energy Limited, Chairman of Butwal Power Company Limited, and was the immediate Past President of the National Business Initiative.