InfoBeans Technologies Limited — Board/Management Information 2021

Feb 12, 2021

Regd. Office: SEZ Unit : Crystal IT Park, STP-I, 2nd Floor, Ring Road, Indore - 452 001 (M.P.) India T: +91 731 7162000

PLINE . Unit 101-C, Level 1, Delta -1, Giga Space IT Park, Viman Nagar, Pune - 411014 (M.H.), India T: +91 20 67211838

Date: 12th February, 2021

To. National Stock Exchange of India Limited Listing Department Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051

Subject: Outcome of the Board Meeting 05/2020-21 Reference: SM - INFOBEAN

Dear Sir/Madam,

With reference to above mentioned subject we would like to inform you that a meeting of the Board of Directors of InfoBeans Technologies Limited was held on the Friday, 12th February, 2021 commenced at 09:00 A.M. and concluded at 09:30 A.M. and following business were transacted at the meeting:-

• To approve the changes in the ESOP(Employee Stock Option Plan), 2016

• $\triangleright$ To consider and approve the draft of the Postal Ballot for obtaining the approval of the Shareholders to amend the ESOP (Employee Stock Option Plan), 2016

This is for your information and record. Thanking you, Yours Faithfully,

For InfoBeans Technologies Ltd

INDORE Surbhi Jain Company Secretary and Compliance Officer

InfoBeans Technologies Limited (Formerly known as InfoBeans Systems India Private Limited)