Cyient Limited — AGM Information 2021

Jun 17, 2021

==> picture [561 x 61] intentionally omitted <==

17 June 2021

The BSE Limited The National Stock Exchange of India Ltd PJ Towers, 25[th ] Floor, Exchange Plaza, Dalal Street Bandra-Kurla Complex, Bandra (E) Mumbai 400001. Mumbai-400 051. Scrip Code: 532175 Scrip Code: CYIENT

Dear Sir/ Madam,

Sub:-Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Proceedings of the 30th Annual General Meeting of the Company.

Ref:- Our letter dated 26 May 2021 regarding the 30[th] Annual General Meeting (e-AGM)

We wish to inform that the e-AGM was held on Thursday, 17 June 2021, through Video Conferencing (VC), in compliance with General Circulars No. 14/2020, 20/2020 and 2/2021 issued by Ministry of Corporate Affairs, other applicable provisions of the Companies Act, 2013 and circulars issued by the Securities and Exchange Board of India.

In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose summary of proceedings of 30[th] AGM of the Company as Annexure.

Kindly take the same on your records.

Thanking you, For Cyient Limited

==> picture [171 x 46] intentionally omitted <==

Sudheendhra Putty Company Secretary

Cyient Ltd. 4[th ] Floor, A Wing, 11 Software CIN: L72200TG1991PLC013134 Units Layout, Madhapur www.cyient.com Hyderabad -500 081 Company.secretary@cyient.com India T +91 40 6764 1000

F +91 40 2311 0352

==> picture [561 x 61] intentionally omitted <==

Summary of proceedings of the 30[th] Annual General Meeting of Cyient Limited

The 30[th] Annual General Meeting (e-AGM) of the Company was held on Thursday, 17 June 2021 through Video Conferencing (VC), in compliance with General Circular Nos. 14/2020, 20/2020 and 2/2021 issued by Ministry of Corporate Affairs and other applicable provisions of the Companies Act, 2013 and circulars issued by the Securities and Exchange Board of India.

Mr. M. M. Murugappan, Non-Executive Chairman chaired the meeting and commenced the proceedings through VC. The requisite quorum being present, he called the Meeting to order. He further informed that since the meeting is being held electronically, the proxy related procedures had been dispensed with.

Further, Mr. Murugappan introduced the members of the Board and the Senior Management Team of the Company, Statutory Auditors and the Secretarial Auditor. The Chairman of the Audit Committee, Mr. Vivek Gour, the Chairperson of Leadership, Nomination and Remuneration Committee, Ms. Matangi Gowrishankar and Chairman of the Stakeholders Engagement Committee, Amb. Vinai Thummalapally were present at the e-AGM.

The Chairman, in his speech said that he had been a part of the exciting journey of many transactions and transformations of the company in its endeavour to serve customers while keeping abreast with developments in technology in a rapidly changing world. He said the Covid-19 pandemic had impacted not just the businesses but countries and societies as a whole. Nonetheless, he expressed confidence that the company would continue to serve its stakeholders so that their confidence is not just reinforced but enhanced.

Mr. B.V.R. Mohan Reddy who stepped back as Executive Chairman on 22 April 2021 addressed the shareholders; he said the company had endeavoured to create shareholder value and build a future ready organisation with a strong foundation on Values He gave an overview of the impact of the pandemic and the transformative actions taken by the company. Mr. Reddy expressed his gratitude to the various stakeholders – Board, Associates, Investors, Customers and Vendors, Statutory authorities, Society, et al for the support over the last 30 years and expressed satisfaction that the Company would continue to grow in a sustainable manner in the years to come.

The shareholders who had registered as speakers expressed their views and raised a few questions. Members of the Board and Senior management replied to the queries and provided necessary clarifications, as appropriate to the shareholders.

The e-Voting window was kept open during the meeting and for 15 minutes after the conclusion thereof to enable the shareholders who had not already cast their vote to cast the same.

==> picture [77 x 60] intentionally omitted <==

Cyient Ltd. 4[th ] Floor, A Wing, 11 Software CIN: L72200TG1991PLC013134 Units Layout, Madhapur www.cyient.com Hyderabad -500 081 Company.secretary@cyient.com India T +91 40 6764 1000 F +91 40 2311 0352

==> picture [561 x 61] intentionally omitted <==

The shareholders voted through remote e-Voting (between 14 June 2021 and 16 June 2021) and e- Voting at the e-AGM on following businesses as given in the Notice of e-AGM dated 17 June 2021:

The businesses set out in the AGM notice pertain to:

1. To receive, consider and adopt:

2. a) the audited financial statements of the company for the financial year ended 31 March 2021 together with the reports of the board of directors and the auditors thereon

3. b) the audited consolidated financial statements of the company for the financial year ended 31 March 2021, together with the report of the auditors thereon.

4. To declare the final dividend on equity shares for the financial year 2020-21.

5. To appoint a Director in place of Mr. Alain De Taeye (DIN: 03015749), who retires by rotation and being eligible, offers himself for re-appointment as a Director liable to retire by rotation

6. Appointment of Mr. Ramesh Abhishek (DIN: 07452293) as an Independent Director of the Company.

7. Appointment of Mr. Karthikeyan Natarajan (DIN: 03099771) as a Director of the Company, liable to retire by rotation.

8. Appointment of Mr. Ajay Aggarwal (DIN: 02565242) as a Director of the Company, liable to retire by rotation.

9. Appointment of Mr. Karthikeyan Natarajan (DIN: 03099771) as Executive Director & Chief Operating Officer of the Company.

10. Appointment of Mr. Ajay Aggarwal (DIN 02565242) as Executive Director & Chief Financial Officer of the Company.

11. Re-appointment of Mr. Vikas Sehgal (DIN: 05218876) as an Independent Director for a second term of five consecutive years.

12. To approve the amount of annual remuneration of Mr. B.V.R. Mohan Reddy (DIN 00058215), Non-Executive Director

The Chairman informed the shareholders that Mr. S. Chidambaram, Practising Company Secretary had been appointed as the Scrutineer for conducting the remote e-Voting and allied matters and that the results of e-Voting would be disseminated to the stock exchanges in accordance with the regulatory requirements.

The e-AGM commenced at 1600 hours (1ST) and ended at 1745 hours (1ST).

On the occasion, the first Sustainability Report of the Company was also launched.

Thanking you, For Cyient Limited,

==> picture [171 x 47] intentionally omitted <==

Sudheendhra Putty Company Secretary

Cyient Ltd. 4[th ] Floor, A Wing, 11 Software CIN: L72200TG1991PLC013134 Units Layout, Madhapur www.cyient.com Hyderabad -500 081 Company.secretary@cyient.com India T +91 40 6764 1000

F +91 40 2311 0352