Firstsource Solutions Ltd. — Director's Dealing 2023

Sep 1, 2023

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1[st] September 2023

To:

National Stock Exchange of India BSE Limited Limited (Scrip Code: FSL) (Scrip Code: 532809 ) Exchange Plaza, Phiroze Jeejeebhoy Towers, Plot no. C/1, G Block, Dalal Street, Bandra-Kurla Complex, Mumbai - 400 001 Bandra (East), Mumbai - 400 051

Dear Madam/ Sir,

Sub: Intimation of Grant of Stock Options under 'Firstsource Solutions Employee Stock Option Plan 2019

Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that Nomination and Remuneration Committee of Board of Directors of the Company at its meeting held on 1[st] September, 2023 has approved the grant of stock options as mentioned in Annexure A along with the terms of options granted to Mr. Ritesh Mohan Idnani, MD & CEO of the Company under Firstsource Employee Stock Option Plan 2019.

Please take the same on your record.

Thanking you,

For Firstsource Solutions Limited

Digitally signed by POOJA POOJA SURESH SURESH NAMBIAR NAMBIAR Date: 2023.09.01 12:25:56 +05'30' Pooja Nambiar Company Secretary

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- ANNEXURE A

Sr. No	Name of the Employee	Designation	Location	Grant Type	No. of Stock Options granted & price	Vesting Conditions
1	Ritesh Mohan Idnani	MD & CEO	US	PSU^	45,00,000 @ Rs. 10/- each	Continued employment and increase in the Company’s compound annual growth rate revenue (CAGR) and earnings before interest and taxes margin(EBIT)
Total					45,00,000

PSU ^ Performance Share Units Notes:

1. Performance period may be further defined in consultation with the Committee

2. Total 45,00,000 options are proposed to be granted subject to stock price and forex rates to meet the target value at the time of vesting.

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