The Press release titled ''Persistent Shareholders Vote for Nagarro Offer'', is as enclosed.

NSE & BSE / 2026-27 / 101 August 4, 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: Press Release titled ‘Persistent Shareholders Vote for Nagarro Offer’ We wish to inform you that Persistent Systems Limited (the ‘Company’) has made a press release dated August 4, 2026, titled ‘Persistent Shareholders Vote for Nagarro Offer’. A copy of the Press Release is enclosed for your reference. 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 Tel: +91 (20) 6703 5555 | Fax - +91 (20) 6703 6003 | E-mail - info@persistent.com | Website - www.persistent.com Persistent Shareholders Vote for Nagarro Offer \ At the Company’s Annual General Meeting held on August 3, Persistent shareholders approved the proposed acquisition of Nagarro SE through its subsidiary, Galaxy Germany Holding SE, along with the related financing arrangements and corporate guarantee \ Offer Document has been submitted for review and will be published upon approval by Bafin, launching the acceptance period for Nagarro shareholders August 4, 2026 Pune, India News Summary Shareholders of Persistent Systems Limited (BSE: 533179 and NSE: PERSISTENT), a global Digital Engineering and Enterprise Modernization leader, approved the proposed Voluntary Public Takeover Offer for Nagarro SE through Persistent’s subsidiary, Galaxy Germany Holding SE, along with the related financing arrangements and corporate guarantee at Persistent’s Annual General Meeting. A requisite majority of votes was cast in favour of the transaction. The result reflects strong shareholder conviction in the combination: joining forces would create a scaled, globally diversified AI-led digital engineering and enterprise modernization powerhouse with at- scale presence in North America and Europe and meaningful exposure across further global markets. The combined group would be better positioned to support multi-region enterprise clients requiring integrated AI, engineering, ERP / CX, data and cloud capabilities across local and global delivery models. Quote from Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent Systems “We are grateful for the strong support and confidence our shareholders have shown through this vote. Persistent and Nagarro will build one of the world's leading AI-led digital engineering companies. Our complementary strengths make the strategic case clear, and we are glad our shareholders share our conviction.” All Offer details to be laid out shortly The formal Offer Document, setting out the full terms and conditions of the cash offer, will be published following approval by the German Federal Financial Supervisory Authority (“Bafin”). Nagarro shareholders and other interested parties are encouraged to visit http://www.galaxy- offer.com for further information and to review all documentation relating to the offer as it becomes available. © 2026 Persistent Systems Ltd. All rights reserved. 1 Disclaimer and forward-looking statements This press release is neither an offer to purchase nor a solicitation of an offer to sell Nagarro shares. The final terms of the Offer as well as other provisions relating to the Offer will be communicated in the offer document after the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht) has permitted the publication of the offer document. Investors and holders of Nagarro shares are strongly advised to read the offer document and all other documents relating to the Offer as soon as they have been made public, as they will contain important information. The offer document for the Offer (in German and a non- binding English translation) with the detailed terms and conditions and other information on the Offer will be published after approval by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht) amongst other information on the internet at www.galaxy-offer.com. The Offer will be implemented exclusively on the basis of the applicable provisions of German law, in particular the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz - WpÜG), and certain securities law provisions of the United States of America relating to cross-border takeover offers. The Offer will not be conducted in accordance with the legal requirements of jurisdictions other than the Federal Republic of Germany or the United States of America (as applicable). Accordingly, no notices, filings, approvals or authorizations for the Offer have been filed, caused to be filed or granted outside the Federal Republic of Germany or the United States of America (as applicable). Investors and holders of Nagarro shares cannot rely on being protected by the investor protection laws of any jurisdiction other than the Federal Republic of Germany or the United States of America (as applicable). Subject to the exceptions described in the offer document and, where applicable, any exemptions to be granted by the respective regulatory authorities, no takeover offer will be made, directly or indirectly, in those jurisdictions in which this would constitute a violation of applicable law. This press release may not be released or otherwise distributed in whole or in part, in any jurisdiction in which the Offer would be prohibited by applicable law. The Bidder reserves the right, to the extent permitted by law, to directly or indirectly acquire additional Nagarro shares outside the Offer on or off the stock exchange, provided that such acquisitions or arrangements to acquire are not made in the United States, will comply with the applicable German statutory provisions, in particular the WpÜG, and the Offer Price is increased in accordance with the WpÜG, to match any consideration paid outside of the Offer if higher than the Offer Price. If such acquisitions take place, information on such acquisitions, including the number of Nagarro shares acquired or to be acquired and the consideration paid or agreed, will be published without undue delay if and to the extent required under the laws of the Federal Republic of Germany, the United States or any other relevant jurisdiction. The Offer will relate to shares in a German company admitted to trading, inter alia, on the Frankfurt Stock Exchange and will be subject to the disclosure requirements, rules and practices applicable to companies listed in the Federal Republic of Germany, which differ from those of the United States and other © 2026 Persistent Systems Ltd. All rights reserved. 2 jurisdictions in certain material respects. The financial information relating to the Bidder and Nagarro included elsewhere, including in the offer document, will be prepared in accordance with provisions applicable in the Federal Republic of Germany and will not be prepared in accordance with generally accepted accounting principles in the United States; therefore, it may not be comparable to financial information relating to United States companies or companies from other jurisdictions outside the Federal Republic of Germany. The Offer will be made in the United States pursuant to Section 14(e) of, and Regulation 14E under, the Exchange Act, and on the basis of the so-called Tier II exemption from certain requirements of the Exchange Act, which exemption allows a bidder to comply with certain substantive and procedural rules of the Exchange Act for takeover bids by complying with the law or practice of the domestic legal system and exempts the bidder from complying with certain other rules of the Exchange Ac [Showing first 8,000 characters — download PDF for full document]