Kwality Wall’s (India) Limited Appoints Mr. Tahir Toloy Tanridagli as Managing Director and Chief Executive Officer

Mumbai, 30th October 2026: Kwality Wall’s (India) Limited (KWIL) today announced the appointment of Mr. Tahir Toloy Tanridagli as its Managing Director and Chief Executive Officer, effective 1st November2026, subject to the approval of the shareholders of KWIL and other applicable approvals.

Mr. Tanridagli, who is based in India and currently serves on the KWIL Board, has played an instrumental role in KWIL’s transformation journey following the demerger of the ice cream business from Hindustan Unilever Limited (HUL). In his new role as Managing Director and Chief Executive Officer of KWIL, he will be responsible for all aspects of managing and developing the largest listed pure-play ice cream business in India and will focus on driving KWIL’s operational performance in its next phase of growth.

As President of the METSA region (Middle East, Türkiye, Africa, Israel and South Asia) and a member of the Executive Leadership Team at The Magnum Ice Cream Company (TMICC), he will also provide strategic direction at a regional group level, while his operational role is confined to KWIL in India.

He holds a Bachelor of Arts degree in Business Administration from the Faculty of Economics and Administrative Sciences at Boğaziçi University. He completed his primary and secondary education in Germany and Türkiye.

With over two decades of experience in the snacking and fast-moving consumer goods (FMCG) industry, Mr. Tanridagli brings extensive expertise across categories including food, desserts, beverages (coffee and tea), salted snacks, chocolate and ice cream. His career spans global organisations such as Kraft Foods–Mondelez and Unilever, where he has held leadership positions across multiple geographies. Most recently, he served as General Manager, Unilever Ice Cream, overseeing the Middle East, North Africa, Central Asia and Russia. During his 12-year tenure at Unilever, he also served as Vice President – Marketing for the Foods and Refreshment category across the Middle East, Africa and Russia.

Following its demerger from HUL, KWIL entered a new phase of growth as an independently listed entity. The Magnum Ice Cream Company HoldCo 1 Netherlands B.V. (TMICC HoldCo) subsequently acquired a controlling stake in KWIL pursuant to the Share Purchase Agreement signed between Unilever and TMICC in June 2025. TMICC HoldCo holds a 61.91% stake in KWIL.

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About Kwality Wall's (India) Limited

Kwality Wall’s (India) limited: We are the Indian arm of the world's largest ice cream company, The Magnum Ice Cream Company (TMICC). Kwality Wall's (India) Limited (KWIL), listed on BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE), is among India's foremost ice cream and frozen dessert companies, offering a powerful portfolio of beloved brands including Kwality Wall's, Magnum and Cornetto, enjoyed by millions nationwide. We continue to set industry benchmarks across the country, driven by an unwavering commitment to quality, innovation and consumer delight. This positions us to accelerate growth while enhancing our agility to respond swiftly to evolving market dynamics. For more information, visit www.kwalitywallsindia.com.

About The Magnum Ice Cream Company

The Magnum Ice Cream Company N.V. EURONEXT: MICC / NYSE: MICC / LSE: MICC is the world's leading ice cream business. Home to four of the world's five largest ice cream brands: Magnum, Ben & Jerry's, Cornetto and the Heartbrand, our portfolio delights consumers in 80 markets around the world. Headquartered in Amsterdam, The Netherlands, we have a global team of around 18,000 employees, a network of 32 factories, 13 R&D centres, and a fleet of three million freezer cabinets. For more information, visit www.corporate.magnumicecream.com.