Firstsource Solutions Ltd. — Regulatory Filings 2023

May 4, 2023

==> picture [504 x 75] intentionally omitted <==

4[th] May 2023

To: National Stock Exchange of BSE Limited (Scrip Code: India Limited (Scrip Code: FSL) 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: Disclosure of Related Party Transactions pursuant to Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”)

Pursuant to Regulation 23(9) of Listing Regulations, please find enclosed disclosure of related party transactions and balances for the half year ended March 31, 2023.

We request you to take the above on record.

Thanking you,

For Firstsource Solutions Limited

POOJA Digitally signed by POOJA SURESH SURESH NAMBIAR NAMBIAR Pooja Nambiar Company Secretary

==> picture [504 x 108] intentionally omitted <==

*All amounts in INR Millions

01-Oct-22

31-Mar-23

==> picture [885 x 470] intentionally omitted <==

----- Start of picture text -----

Details of the party (listed entity
In case monies are due to either
S. No /subsidiary) entering into the Details of the counterparty
party as a result of the transaction
transaction
Value of the related party
Type of related party Value of transaction during
transaction as approved by the
Relationship of the transaction audit committee the reporting period
counterparty with the Opening
Name PAN Name PAN Closing balance
listed entity or its balance
subsidiary
Firstsource Solutions Firstsource Solutions UK
Subsidiary Income from services 4000.00 2006.25 2189.85 2347.13
Limited Ltd (FSL UK)
Reimbursement of
12.00 3.47 0.00 0.00
expenses
Recovery of expense 200.00 54.37 51.22 20.83
Parental Guarantee 70.00 8.44 16.04 4.27
Brand Equity 100.00 40.95 31.63 21.04
Firstsource Solutions Firstsource Advantage LLC
Subsidiary Income from services 1200.00 511.06 548.28 398.85
Limited (FAL)
Reimbursement of
20.00 -0.96 0.00 0.00
expenses
Recovery of expense 20.00 8.39 8.87 2.32
Brand Equity 25.00 12.68 14.75 6.71
Firstsource Solutions MedAssist Holding LLC
Subsidiary Income from services 80.00 31.85 48.36 11.63
Limited (Medassist)
Reimbursement of
1.00 -0.54 0.00 0.00
expenses
Recovery of expense 75.00 29.25 60.96 11.75
Brand Equity 40.00 19.77 25.18 10.89
Firstsource Solutions Firstsource Group USA Inc
Subsidiary Income from services 1000.00 566.88 99.12 682.00
Limited (FG USA)
Reimbursement of
10.00 4.30 0.00 0.00
expenses
----- End of picture text -----

==> picture [884 x 491] intentionally omitted <==

----- Start of picture text -----

Recovery of expense 80.00 44.59 19.57 38.35
Parental Guarantee 150.00 49.05 67.56 24.44
Brand Equity 2.50 0.88 0.83 0.43
Firstsource Health Plans
Firstsource Solutions
and Healthcare Services, Subsidiary Income from services 2400.00 1307.49 1118.90 1172.81
Limited
LLC
Reimbursement of
10.00 2.59 0.00 0.00
expenses
Recovery of expense 60.00 24.31 28.83 1.01
Brand Equity 40.00 19.17 30.04 8.48
Firstsource Solutions
One Advantage LLC (OAL) Subsidiary Income from services 25.00 -4.77 12.55 0.00
Limited
Recovery of expense 3.00 1.74 2.05 0.00
Brand Equity 4.00 1.88 2.70 1.00
Firstsource Solutions Sourcepoint Fulfillment
Subsidiary Income from services 330.00 45.62 49.89 37.18
Limited Services, Inc
Reimbursement of
1.00 0.00 0.00 0.00
expenses
Recovery of expense 1.00 0.57 0.00 0.01
Firstsource Solutions
Sourcepoint Inc. Subsidiary Income from services 6500.00 1241.14 2371.31 1060.69
Limited
Reimbursement of
5.00 1.11 0.00 0.00
expenses
Recovery of expense 35.00 14.67 32.32 9.30
Brand Equity 30.00 3.12 9.70 1.56
Redemption in
Firstsource Solutions Nanobi Data and Analytics Associate of the
optionally Convertible 0.00 0.00 0.00 0.00
Limited Pvt Ltd Company
Debentures
Receipt of services 5.00 0.00 0.00 0.00
Firstsource Solutions
APA Services Pvt Ltd Fellow Subsidiary Recovery of expense 1.00 -0.05 0.00 0.00
Limited
Firstsource Solutions Companies under
RPSG Resources Private Ltd Receipt of services 110.00 72.70 -25.00 -32.13
Limited common control
Brand Equity 140.00 26.35 -50.00 -1.46
Firstsource Solutions Companies under
CESC Limited Receipt of services 1.00 0.10 0.00 0.00
Limited common control
----- End of picture text -----

==> picture [884 x 298] intentionally omitted <==

----- Start of picture text -----

Firstsource Solutions
RPSG Ventures Limited Holding Company Dividend 0.00 1308.92 0.00 0.00
Limited
Firstsource Solutions Companies under
Spencer's Retail Limited Income from services 1.22 1.22 0.00 0.00
Limited common control
Firstsource Solutions
Non-executive directors Sitting fees paid 3.05 3.05 0.00 0.00
Limited
Firstsource Solutions
Key Managerial Personnel Remuneration 33.03 33.03 0.00 0.00
Limited
Dividend 0.00 3.51 0.00 0.00
Firstsource Solutions
PatientMatters, LLC Subsidiary Income from services 10.00 0.47 0.48 0.68
Limited
Recovery of expense 5.00 1.67 1.20 2.46
Firstsource Solutions
The StoneHill Group, Inc Subsidiary Income from services 10.00 0.63 0.70 0.00
Limited
Recovery of expense 5.00 1.93 1.75 0.00
Firstsource Solutions American Recovery Service
Subsidiary Income from services 10.00 8.27 3.19 0.00
Limited Incorporated
Recovery of expense 5.00 -1.33 7.93 0.00
Reimbursement of
5.00 4.52 0.00 -
expenses
----- End of picture text -----*