INTELLECT DESIGN ARENA LIMITED — Board/Management Information 2021

Feb 11, 2021

Intellect/SEC/2020-21 11th February, 2021 1. National Stock Exchange of India Ltd., Scrip Code: Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra Kurla Complex, INTELLECT Bandra (E), Mumbai – 400 051.

2. BSE Ltd. Scrip Code:

1st Floor, New Trade Ring, Rotunda Building, PJ Towers, 538835 Dalal Street, Fort, Mumbai – 400 001.

Dear Sirs,

Sub: Media Release - iGTB Welcomes Dave Revell ICD.D, Former EVP and Global CIO of CIBC, to its Growth Advisory Board.

Intellect Global Transaction Banking (iGTB), the transaction banking specialist from Intellect Design Arena Limited, ranked #1 in the world for Transaction Banking by IBS Intelligence, today announced that Dave Revell is joining as Senior Strategic Advisor on its Growth Advisory Board.

Mr. Revell is an experienced Board Director and Senior Executive with 35 years of experience in the Financial Services, Telecommunications and Information Technology sectors. Most recently Dave was EVP and Global Chief Information Officer for CIBC. Prior to joining CIBC, Dave was SVP at BMO Financial Group and prior to that, Rogers Communications. Dave started his career at IBM Canada where he held various technical, corporate sales and consulting roles.

Please find enclosed herewith a copy of proposed Media Release dated 11th February, 2021 titled as "iGTB Welcomes Dave Revell ICD.D, Former EVP and Global CIO of CIBC, to its Growth Advisory Board".

Kindly take the above information on record.

Yours truly, for Intellect Design Arena Limited

V V Naresh Company Secretary and Compliance Officer

iGTB Welcomes Dave Revell ICD.D, Former EVP and Global CIO of CIBC, CIO of Growth Advisory Board to its

World-leading senior banker with stellar pedigree and experience will join Intellect Global Transaction Banking to help guide the #1 transaction banking leading #1 transaction fintech to further growth growth.

London, 11th February, 2021: Intellect Global Transaction Banking (iGTB), the transaction banking specialist from Intellect Design Arena Limited, ranked #1 in the world for Transaction Banking by IBS Intelligence, today announced that Dave Revell is joining as Senior Strategic Advisor Global Banking the Intellect Design world l as Senior on its Growth Advisory Board Board.

Mr. of experience in the Financial Services, Telecommunications and Information Technology sectors. Officer for CIBC. and prior t Canada where he held various Mr. Revell is an experienced Board Director and Senior Executive with 35 years of experience Financial Information Most recently Dave was EVP and Global Chief Information CIBC. Prior to joining CIBC, Dave was SVP at BMO Financial Group to that, Rogers Communications. Dave started his career at IBM technical, corporate sales and ales consulting roles.

Mr. Reve Banking Revell said, "I've had a great relationship with Intellect for more than 12 years across two different Canadian Banks Global Transaction Banks, where I

served as Head of Technology. As a client, high quality, operationally excellent solutions and to always put forward to continuing my relationship with Intellect and success as a member of its Growth Advisory Board they were a trusted partner who I knew I could count on to deliver the needs of the client first. iGTB and to help the company a ." I'm looking achieve even greater

Mr. Revell is a graduate of the University of Waterloo and holds a degree in Electrical Engi Management Science. He has completed Executive Leadership programs at the Kello Management, Babson College, Schulich School of Business and the Rotman School of Management where he earned an ICD.D designation from the Institute of Corporate Directors. University holds He Executive at Management, past Waterloo Association and has served on numerous Engineering and Kellogg School of

He is also past President of the University of Waterloo Alumni Associat Advisory Committees including for the Governing Body of the Evanta CIO Executive Summit and a Conference Chair for the Toronto CIO Summit. At CIBC he chaired the United Way campaign for Inclusion as the Executive Sponsor for MARC (Men Advocating Real Change). Salesforce.com, Bell Canada, IBM Canada and DXC. Dave is a member of the Summit. red campaign technology &operations and was a champion of ion perations diversity and

Dave is an accredited Angel Investor and a member of the Golden Triangle Angelnet of Fiix Software, a Cloud based Maintenance and Asset Management Product and Pricing platform for Banking, and Brane Capital, a leading Digital Asset Custody Company. Inclusion as the Change).Angelnet. He is currently a Director of and Asset Software Company and Asset Custody , commented "I to Revell . Company, Zafin, a leading SaaS

Mr. Manish Maakan, CEO, iGTB, commented "I am delighted to welcome Dave board. He has unparalleled knowledge of the industry and companies and supporting other organisations. on mission-critical payment solutions delivered to time in true partnership, he understands more than most how we support the world's best corporate banks. sure he will challenge us to push ourselves even further in innovation, customer service and bringing consumerizatio everywhere." vast experience growing other Having worked closely with him previously yment to we the corporate I am us to even and bringing consumerization of transaction banking to corporate treasurers on

About Intellect Design Arena Limited Arena

Intellect Design Arena Ltd. has the world's largest cloud FinTech platform for the Global leaders in Banking, Insurance and Capital Markets. It offers a full spectrum of banking and insurance technology products through its four lines of businesses Global Transaction Banking (iGTB), Risk, Treasury and Markets, domain expertise, Intellect is the brand that progressive financial institutions rely on for their digital transformation initiatives. Intellect Design cloud-native, API led microservices-based multi Global in Banking, Capital Markets. of banking and - Global Consumer Banking, Global Transaction (iGTB), Risk, Treasury and Insurance. With over 25 years of deep for Intellect pioneered Design cutting-edge products and solutions for banking and insurance, based multi-product

Intellect pioneered Design Thinking to create cutting with design being the company's key differentiator in enabling digital transformation. FinTech 8012, the world's first design center for financial technology, reflects Intellect's commitment to continuous and impactful innovation, addressing the growing need for digital transformation. Intellect serves over 240 customers through offices in 91 countries and with a diverse workforce of solution architects, domain and technology experts in major global financial hubs around the organisation and its solutions, please visit transaction banking solutions offered by iGTB, please visit company's transformation. FinTech first design center commitment to ation, through offices in and with technology experts world. For further information on the and www.intellectdesign.com.For further information about the visit https://www.igtb.com/ ions For

For Media related info, please contact:For	For Investor related info, please contact:
Nachu Nagappan	Praveen Malik
Intellect Design Arena Ltd	Intellect Design Arena Limited
Mob: +91 89396 19676	Mob: +91 89397 82837
Email: nachu.nagappan@intellectdesign.com	Email: Praveen.malik@intellectdesign.com