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PRESS RELEASE

VAIBHAV GLOBAL LIMITED

Vaibhav Global announces the appointment of Jay Chandran as Chief Technology Officer

Jaipur, January 8, 2020

Vaibhav Global Limited (VGL) is pleased to announce the appointment of Jay Chandran as Chief Technology Officer (CTO). Chandran, previously served as CTO at Advantage Rent A Car and prior to that at US based electronic retailer HSN, where he served for eleven (11) years with his last assignment as the Operating Vice President of Information Technology for six (6) years. Prior to joining HSN, Chandran worked for four years at IAC as a Senior Manager – IT where he primarily supported HSN in the areas of application development, enterprise architecture and process improvement.

Chandran will be responsible for leading VGL’s global information technology strategy and development roadmap as well as it’s execution. Chandran will work closely with the company’s retail and supply chain teams to drive technology and speed to market to advance competitive success in the market. Chandran’s first day with VGL was January 6th, 2020. “We are extremely excited to have someone of Jay’s depth of experience in Electronic Commerce joining our executive team and look forward to his contribution to VGL”, said Sunil Agrawal, Managing Director, VGL.

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Regd. Office: K-6B, Fateh Tiba, Adarsh Nagar, Jaipur – 302004, Tele: 91-141-2601020; Fax: 91-141-2605077; CIN : L36911RJ1989PLC004945; Email: [email protected], Web: www.vaibhavglobal.com

About Vaibhav Global Limited Vaibhav Global Limited (VGL) is an electronic retailer of fashion jewellery, accessories and lifestyle products in developed markets with direct access to around 100 million households (FTE) through its TV networks – Shop LC in US and TJC in UK. VGL’s TV channels reach customers directly 24x7 on all the major cable, satellite and DTH platforms – Dish TV, DirecTV, Comcast, Verizon Fios, Time Warner, AT&T, Sky, Virgin, Freeview, Freesat etc. The Company’s e-commerce websites www.shoplc.com in the US and www.tjc.co.uk in the UK complement TV coverage and diversify customer engagement.

For further information, please contact:

Dipti Rajput Shiv Muttoo / Karl Kolah Vaibhav Global Ltd CDR India Tel: +91-141-2770 648 Tel: +91 22 6645 1234/1220 Email: [email protected] Email: [email protected] [email protected]

Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local political or economic developments, technological risks, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Vaibhav Global Ltd. will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

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Regd. Office: K-6B, Fateh Tiba, Adarsh Nagar, Jaipur – 302004, Tele: 91-141-2601020; Fax: 91-141-2605077; CIN : L36911RJ1989PLC004945; Email: [email protected], Web: www.vaibhavglobal.com