Page 1 of 12. Annexure A. Corporate Governance Report. I. Composition of Board of Directors

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1 Page 1 of 12 Corporate Governance Report Annexure A 1. Name of Listed Entity Reliance Industries Limited 2. Quarter ending: September 30, 2018 I. Composition of Board of s in Tenure (in years) ship (s) s Mukesh D. Ambani Chairperson Executive

2 Page 2 of 12 in Tenure (in years) ship (s) s Nikhil R. Meswani Executive Hital R. Meswani DIN Executive Risk Management P.M.S. Prasad Executive Risk Management

3 Page 3 of 12 in Tenure (in years) ship (s) s Pawan Kumar Kapil Executive Mansingh L Bhakta years Reappointed at the Fortieth Annual General Meeting (Post IPO) for a period of 5 (five) years, w.e.f. July 21, 2017

4 Page 4 of 12 in Tenure (in years) ship (s) s Yogendra P. Trivedi Ashok Misra years Audit Nomination and Remuneration years Reappointed at the Fortieth Annual General Meeting (Post IPO) for a period of 5 (five) years, w.e.f. July 21, 2017 Reappointed at the Fortieth Annual General Meeting (Post IPO) for a period of 5 (five) years, w.e.f. July 21, 2017

5 Page 5 of 12 in Tenure (in years) ship (s) s Dipak C. Jain years Reappointed at the Fortieth Annual General Meeting (Post IPO) for a period of 5 (five) years, w.e.f. July 21, 2017

6 Page 6 of 12 in Tenure (in years) ship (s) s Raghunath A. Mashelkar DIN years Audit 2. Nomination and Remuneration Reappointed at the Fortieth Annual General Meeting (Post IPO) for a period of 5 (five) years, w.e.f. July 21, 2017

7 Page 7 of 12 in Tenure (in years) ship (s) s Adil Zainulbhai years Audit 2. Risk Management 3. Nomination and Remuneration Appointed for a period of 5 years for a term up to

8 Page 8 of 12 in Tenure (in years) ship (s) s Mrs. Nita M. Ambani Non executive Nonindependent Raminder Singh Gujral years Audit 2. Nomination and Remuneration Appointed for a period of 5 years for a term up to

9 Page 9 of 12 in Tenure (in years) ship (s) s Shumeet Banerji DIN years Nomination and Remuneration Appointed for a period of 5 (five) years for a term up to

10 Page 10 of 12 II. Composition of s Name of Name of members Non / 1. Audit Yogendra P. Trivedi Dr. Raghunath A. Mashelkar Adil Zainulbhai Raminder Singh Gujral 2. Nomination & Remuneration Adil Zainulbhai Yogendra P. Trivedi Dr. Raghunath A. Mashelkar Raminder Singh Gujral Dr. Shumeet Banerji 3. Risk Management Adil Zainulbhai Hital R. Meswani P.M.S. Prasad Alok Agarwal Srikanth Venkatachari Nonexecutive Chairman Nonexecutive Member Nonexecutive Member Nonexecutive Member Nonexecutive Chairman Nonexecutive Member Nonexecutive Member Nonexecutive Member Nonexecutive Member Nonexecutive Chairman Executive Member Executive Member Not a director Member Not a director Member 4. Yogendra P. Trivedi Nikhil R. Meswani Hital R. Meswani Prof. Ashok Misra Nonexecutive Chairman Executive Member Executive Member Nonexecutive Member III. Meeting of Board of s Date(s) of Meeting (if any) in the previous quarter April 27, 2018 June 22, 2018 Date(s) of Meeting (if any) in the relevant quarter Maximum gap between any two meetings (in number of days) July 27, days

11 Page 11 of 12 IV. Meeting of s Date(s) of meeting committee in the previous quarter Audit April 12, 2018 April 25, 2018 April 27, 2018 June 22, 2018 Date(s) of meeting committee in the relevant quarter July 25, 2018 July 27, 2018 Whether requirement of Quorum met (details) Required quorum of 3 members was met Maximum gap between any two meetings (in number of days) 55 days Nomination & Remuneration Risk Management April 25, 2018 July 26, 2018 Required quorum of 2 members was met July 26, 2018 Required quorum of 3 members was met 91 days May 21, 2018 July 27, 2018 Required quorum of 2 members was met 66 days V. Related Party Transactions Subject Compliance status (Yes / No / NA) Whether prior approval of audit committee obtained Yes Whether shareholder approval obtained for material RPT NA Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit Yes

12 Page 12 of 12 Affirmations 1. The composition of Board of s is in terms of SEBI (Listing Obligations and Disclosure Requirements) s, The composition following s is in terms of SEBI (Listing Obligations and Disclosure Requirements) s, 2015 a. Audit b. Nomination & Remuneration c. d. Risk Management 3. The above committee members have been made aware ir powers, role and responsibilities as specified in SEBI (Listing Obligations and Disclosure Requirements) s, The meetings Board of D irectors and the above s have been conducted in the manner as specified in SEBI (Listing Obligations and Disclosure Requirements) s, Yes / No Yes Yes Yes Yes The report submitted for the previous quarter ended June 30, 2018 has been placed before Board of s. No comments / observations / advice were received from the Board of s. This report will be placed before Board of s at its next meeting. Any comments / observations / advice of Board of s will be mentioned in the report of next quarter. Name: K. Sethuraman Designation: Secretary & Compliance Officer Date: October 10, 2018 Note: NA denotes Not Applicable

13 Page 1 of 1 Annexure B Corporate Governance Report (for the half year ended) Name of Listed Entity: Reliance Industries Limited Half Year ended September 30, 2018 I Affirmations Broad heading Copy annual report balance sheet, profit and loss account, directors report, corporate governance report, business responsibility report displayed on website Presence of Chairperson of Audit at the Annual General Meeting Presence of Chairperson Nomination and Remuneration at the Annual General Meeting Whether Corporate Governance Report disclosed in Annual Report Number Compliance status (Yes/No/NA) 46(2) Yes 18(1)(d) Yes 19(3) Yes 34(3) read with para C of Schedule V Yes Name: K. Sethuraman Designation: Secretary & Compliance Officer Date: October 10, 2018