Persistent Systems Limited — Others, 13-07-2025: Addendum

Persistent Systems has issued an addendum to its 35th Annual General Meeting notice, clarifying remuneration details for two executive directors. For Mr. Sandeep Kalra, the annual bonus payout will now be capped at the lower of 1% of consolidated net profits or INR 5 Crore, enhancing shareholder alignment. For Mr. Vinit Teredesai, his eligibility for stock options is specified to include previously granted options, with any future new grants requiring prior approval from company members. These updates aim to provide greater clarity and transparency regarding executive compensation.