Analysts/Institutional Investor Meet/Con. Call Updates

NSE & BSE / 2026-27 / 128 September 21, 2026 The Manager, The Manager, Corporate Services, Corporate Services, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), P J Towers, Dalal Street, Mumbai 400 051 Mumbai 400 001 Ref: Symbol: PERSISTENT Ref: Scrip Code: 533179 Dear Sir/Madam, Sub: Outcome of Investor sessions held on Monday, September 21, 2026 Ref.: Our earlier intimations under Ref. Nos. NSE & BSE / 2026-27 / 121 dated September 16, 2026, and NSE & BSE / 2026-27 / 126 dated September 19, 2026 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and amendments thereto from time to time, we wish to inform you that Persistent Systems Limited (the ‘Company’) interacted with following Institutional investors, on Monday, September 21, 2026, as per the below schedule: Sr. No. Names of Investors Time (IST) Type Mode 1. Ashmore Investment 11:30 AM One-on-One In-person 2. LIC MF 3:30 PM One-on-One In-person 3. Hudson Bay 6:15 PM One-on-One Virtual 4. Franklin Templeton MF 7:30 PM One-on-One In-person During the aforesaid sessions, the Company reiterated the information contained in the Investor Presentation submitted to the stock exchanges on September 19, 2026, vide Ref No. NSE & BSE / 2026-27 / 126. A copy of the said Investor Presentation is enclosed for ease of reference. Please note that no unpublished price sensitive information was shared or discussed during these sessions. Thanking you, Yours sincerely, For Persistent Systems Limited Amit Atre Company Secretary ICSI Membership No.: ACS 20507 Encl.: As above Persistent Systems Limited, Bhageerath, 402 Senapati Bapat Road, Pune 411 016, Maharashtra, India CIN - L72300PN1990PLC056696 T el: +91 (20) 6703 5555 | Fax - +91 (20) 6703 6003 | E-mail - info@persistent.com | Website - www.persistent.com Investor Presentation September 2026 © 2026 Persistent Systems Forward-looking and Cautionary Statements IMPORTANT: You must read the following before continuing. The following applies to this document, the oral presentation of the information in this document by Persistent Systems Limited (the “Company”) or any person on behalf of the Company, and any question-and-answer session that follows the oral presentation (collectively, the “Presentation”). If this Presentation has been received in error, it must be returned immediately to the Company. This Presentation is confidential and prepared exclusively for the intended recipients, subject to the provisions stated herein, and may not be reproduced (in whole or in part), retransmitted, summarized or distributed by them to any other persons without the Company’s prior written permission. By receiving these materials, you represent, agree and acknowledge: (a) you are located outside the United States, (b) you are a sophisticated investor that has knowledge and experience in financial, business and international investment matters and adequate means of providing for your current and contingent financial needs and (c) you are bound by the foregoing and below restrictions and to maintain the confidentiality of the materials. Any failure to comply with these restrictions may constitute a violation of applicable securities laws. This Presentation contains selected information about the activities of the Company and its subsidiaries (together, the “Group”) as at the date of the Presentation. The information contained in this Presentation is for information purposes only and does not constitute or form part of an offer or invitation to sell or the solicitation of an offer or invitation to purchase any securities. This Presentation should not, nor should any information contained in it, form the basis of or be relied upon in connection with any contract or commitment whatsoever. This Presentation contains information regarding the Business Combination Agreement entered into between the Company and Nagarro SE (“Nagarro”) in connection with the proposed business combination between the Company and Nagarro (the “Transaction”). The information relating to the Transaction contained in this Presentation is provided for information purposes only and is not intended to be a complete or comprehensive summary of the Transaction. There can be no assurance that the Transaction will be completed on the terms described herein, on the anticipated timeline, or at all, as completion remains subject to the satisfaction or waiver of a number of conditions, including required regulatory, shareholder and other third-party approvals and consents, many of which are outside the Company’s control. Nagarro has not been involved in the preparation of this Presentation. Neither the Company or Nagarro accepts any responsibility for the information regarding the Transaction in this presentation, nor makes any representation or warranty, express or implied, as to the accuracy, completeness or reliability of any information in this Presentation relating to Nagarro, the Transaction or the combined group following completion of the Transaction. Nothing in this Presentation should be construed as legal, financial, tax, accounting or other professional advice on the Transaction. The opinions expressed herein with respect to the Group and, where applicable, the Transaction and Nagarro, are based on a number of assumptions and are subject to a number of known and unknown risks. The Company, its agents and representatives (collectively, the “Representatives”), and each of their respective agents, affiliates, advisors, directors, officers, representatives, employees and shareholders make no representation or warranty, express or implied, as to the fairness, accuracy, completeness or correctness of the information or opinions contained herein, and no reliance should be placed on such information or opinions. None of them shall have any responsibility or liability whatsoever (whether in negligence or otherwise, including any third-party liability) for any loss or damage, including consequential loss or damage, arising from any use of, reliance on or distribution of this Presentation or its contents, or otherwise arising in connection with this Presentation. The Company and the Representatives expressly disclaim any and all liability that may be based on such information or any errors or omissions therein. The information in this Presentation has not been independently verified and certain data contained in this Presentation was obtained from various external data sources. No representation, warranty, express or implied, is made by the Company, the Representatives or each of their respective directors, officers, employees, affiliates, advisors and representatives as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information and opinions in this Presentation and this data involves risks and uncertainties and is subject to change based on various factors. Further, nothing in this Presentation should be construed as constituting legal, business, tax or financial advice. This Presentation includes certain non-GAAP financial measures, including EBIT, EBIT Margin, EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin (together, the “Non-GAAP Measures”). The Non-GAAP Measures are not standard measures under Ind AS, IFRS or any other generally accepted accounting principles, and are not a measure of operating income, operating performance or liquidity under Ind AS or IFRS, but are widely used financial indicators of a company’s ability to service and incur debt. The Non-GAAP Measures should not be considered in isolation or construed as an alternative to cash flows, net income/profit or any other measure of financial performance, or as an indicator of operating performance, liquidity, profitability or cash flows generated by operating, investing or financing activities, as determined in accordance with Ind AS or IFRS. In evaluating the Non-GAAP Measures, prospect [Showing first 8,000 characters — download PDF for full document]