Persistent Systems Limited — Important, 18-02-2025: Updates

The ESOP Trust of Persistent Systems will acquire up to 75,000 equity shares to meet upcoming vesting commitments under the PESOS 2014 and ESOP 2017 schemes. This purchase will take place in multiple tranches, starting February 19, 2025, and will occur outside the periods when the Trading Window is closed. In Q2 FY25, the ESOP Trust had already purchased 235,693 equity shares in the secondary market. Necessary disclosures will be made following each transaction, adhering to compliance regulations. This approach enhances the company’s ability to fulfill employee stock option commitments, contributing positively to employee retention and satisfaction.