Tax Communication

SEC/SE/038/2026-27 Chennai, July 29, 2026 BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, P J Towers, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (East), Scrip Code: 533121 Mumbai - 400 051 Symbol: EXPLEOSOL Sub: Communication to Shareholders- Intimation on Tax Deduction at source (TDS) on Final Dividend for the Financial Year ended March 31, 2026. Dear Sir/Madam, Reference to aforesaid subject, please find enclosed herewith an email communication which is being sent to the shareholders of the Company, inter-alia, indicating the deduction of tax at source on Final Dividend payable for the financial year ended March 31, 2026, subject to the approval of Shareholders in the ensuing Annual General Meeting (AGM) to be held on Wednesday, August 26, 2026. The copy of email communication sent to the shareholders is appended herewith for your reference and records, and the same will also be available on the website of the Company at https://investors.expleo.com. You are requested to take the above on record and oblige. Thanking you, Yours faithfully, For Expleo Solutions Limited S. Sampath Kumar Company Secretary and Compliance Officer Membership No. FCS 3838 Encl: As above. Expleo Solutions Ltd. 6A, Sixth Floor, Prince InfoCity II, No. 283/3 & 283/4, Rajiv Gandhi Salai (OMR) Kandanchavadi, Chennai 600096 • India • T. +91 44 4392 3200 CIN: L64202TN1998PLC066604 • GST No: 33AABCT0976G1ZG Expleo Solutions Limited Regd. Off: 6A, Sixth Floor, Prince Infocity II, 283/3 & 283/4, Rajiv Gandhi Salai (OMR), Kandanchavadi, Chennai – 600 096 | Tel No: +91 44 4392 3200 Email: investor.expleosol@expleogroup.com | Web: https://investors.expleo.com/ CIN: L64202TN1998PLC066604 29th July 2026 Dear Shareholder, Sub: Expleo Solutions Limited – Tax deduction at source (TDS) on the Final Dividend payout for the financial year ended on March 31, 2026. NAME OF SHAREHOLDER: [NAME] We wish to inform you that the Board of Directors of your Company at their adjourned meeting held on July 28, 2026, have recommended a final dividend of INR 110/- (Rupees One Hundred and Ten Only) per Equity Share (@1100% per Equity Share of Rs. 10/- each) for the financial year ended March 31, 2026, subject to approval of the Shareholders at the ensuing Annual General Meeting ("AGM"). The dividend, if approved at the ensuing AGM, will be paid to shareholders holding equity shares of the Company, either in dematerialized form or in physical form, within 30 days from the date of AGM. The Record date for dividend is Saturday, August 01, 2026. In terms of the provisions of the Income-tax Act 2025, ("the Act"), dividend paid or distributed by a Company shall be taxable in the hands of the shareholders. The Company shall therefore be required to deduct tax at source(‘TDS’) (at the applicable rates) at the time of payment / credit of the dividend. TDS rate would vary depending on the residential status and documents submitted. We request shareholders to submit the documents in this regard with Company’s Registrar and Share Transfer Agent, Cameo Corporate Services Limited at https://investors.cameoindia.com/ on or before Thursday, August 6, 2026. Any communication received after this date or through any other mode will not be considered for deduction of applicable tax. The shareholders can also submit the documents with their depository participants. Shareholders may write to investors.expleosol@expleogroup.com for any clarification on this subject The below mentioned communication provides a short note of the applicable TDS provisions under the Act for Resident and Non-Resident shareholder(s) categories. Expleo Solutions Ltd. 6A, Sixth Floor, Prince InfoCity II, No. 283/3 & 283/4, Rajiv Gandhi Salai (OMR) Kandanchavadi, Chennai 600096 • India • T. +91 44 4392 3200 CIN: L64202TN1998PLC066604 • GST No: 33AABCT0976G1ZG 1. Resident Shareholders: With PAN 10%* A. Updation of PAN: Invalid PAN / Without 20% In case of shares held in Demat: Update PAN/ Inoperative PAN the PAN, if not already done, with the depositories. In case of shares being held physically: Update the PAN, if not already done, with the Company's Registrar and Transfer Agent, M/s. Cameo Corporate Services Limited. As per Depository / RTA records, if shareholders’ PAN is not reflected or PAN updated is invalid, TDS will be deducted at 20%. Submission of requisite NIL A. For Individuals & HUF: documents by resident Declaration in Form No. 121 (erstwhile individual shareholder Form 15G or Form 15H), fulfilling certain conditions. Please note that the application of NIL TDS deduction would be subject to the validity and completeness of the declaration to the company’s satisfaction. The Government has made it mandatory for all taxpayers having PAN to link it with their Aadhaar. In case PAN of the individual shareholder is not linked with Aadhaar, such PAN will be treated as inoperative, and the shareholder will be considered as not having PAN & TDS will be applied accordingly. B. AIFs / Mutual funds / Insurance Companies / NPS/ Others: i. Declaration that they have full beneficial interest with respect to the shares owned by them, Dividend receivable by them is exempt from TDS quoting the relevant provisions of the Act and that they fulfil conditions thereunder. ii. Copy of registration certificate / notification issued by CBDT / Government / such other relevant documentary evidence attested by authorized signatory. EXPLEO Internal iii. Copy of PAN attested by authorized signatory. Submission of Order Rate provided in the Lower/NIL TDS certificate obtained from under Section 395(1) of Order tax authority. the Act *Notwithstanding the above, tax would not be deducted on payment of dividend to Resident Individuals, if the aggregate dividend to be paid by the Company, in FY 2026-27 , does not exceed INR 10,000/- 2. Non-Resident Shareholders: Particulars Applicable Rate Documents required (if any) Foreign Institutional 20% (plus applicable For the purpose of availing benefits under Investors (FIIs) / Foreign surcharge and cess) DTAA read with MLI, the following Portfolio Investors (FPIs) Or documents would be required to be Tax Treaty Rate** submitted by the shareholder: (Whichever is lower) a. Self-Attested Copy of SEBI Registration. b. Tax Residency Certificate ("TRC") obtained from the Tax authorities of the country of which the shareholder is tax resident (TRC valid for FY 2026-27). c. Form 41(erstwhile Form 10F) for FY 2026-27 duly filled up and signed by authorized signatory under Section 159(8) read with Rule 75 of Income Tax Rules 2026. Please note that Form 41 (erstwhile Form 10F), is mandatory for non-resident to claim DTAA benefits. d. Copy of PAN card, if any, allotted by the Indian income tax authorities, signed by authorized signatory. e. Tax Identification Number(‘TIN’) issued by the income tax authorities of the resident country; f. Declaration of beneficial ownership by the non-resident shareholder primarily covering the following: i. That the FPI / FII is a tax resident of country outside India (mention the country name) EXPLEO Internal ii. That the FPI / FII is eligible to claim the benefit of the respective Tax Treaty for FY 2026-27. iii. That the FPI / FII receiving the dividend income is the beneficial owner of such income. iv. That the dividend income is not attributable / effectively connected to any Permanent Establishment (PE) or Fixed Base in India during FY 2026-27. v. Non-applicability of the article ‘Limitation of Relief / benefits’ in case the relevant DTAA contains the said clause. Other Non-resident 20% (plus applicable For the purpose of availing benefits under shareholders surcharge and cess) DTAA read with MLI, the following OR documents would be required to be Tax Treaty Rate** submitted by the shareholder: (whichever is lower) a. Tax Residency Certificate ("TRC") obtained from the Tax authorities of the country of which the shareholder is [Showing first 8,000 characters — download PDF for full document]