Mastek Limited — Share Issue/Capital Change 2021

Aug 18, 2021

==> picture [116 x 36] intentionally omitted <==

Mastek Limited T +91 22 6722 4200

Mumbai 400096, Maharashtra, India W www.mastek.com

SEC/57/2021-22

August 18, 2021

	Listing DepartmentBSE Limited25thFloor, Phiroze Jeejeebhoy TowersDalal Street, FortMumbai-400 001Tel No. 022- 22723121Fax No. 022- 22721919SCRIP CODE: 523704	Listing DepartmentThe National Stock Exchange of India LimitedExchange Plaza, C-1, Block G,Bandra Kurla Complex,Bandra (E), Mumbai – 400 051Tel No.: 022- 26598100Fax No. 022-26598120SYMBOL: MASTEK

Subject: Grant of RSU Options to eligible employee under Employee Stock Options Plan VII (ESOP)

Dear Sir(s)/Ma’am(s),

This is to inform you that the Company has approved the grant of 11,330 RSUs under the ESOP Plan VII to the eligible employees. The broad terms and conditions of the said RSUs are as under:

1. Options are granted at the face value of Rs. 5/- per share.

2. On exercise of the option, one equity share of face value of Rs. 5/- each shall be allotted per option.

3. Options shall vest over a period of three years in the ratio of 20:30:50.

4. Options will vest after the end of year 1[st] /2[nd] /3[rd] in the proportions mentioned in point 3 above.

5. The vested options can be exercised within a period of 7 years from the date of vesting.

You are requested to acknowledge receipt and take the same on record.

Thanking you,

==> picture [123 x 92] intentionally omitted <==

==> picture [119 x 90] intentionally omitted <==

Regd. Off.: 804, 805 President House, Opp. C.N. Vidyalaya, Near Ambawadi Circle, Ambawadi, Ahmedabad - 380 006. Gujarat, India. Tel No: +91-79-2656--4337 E-mail: info@mastek.com CIN-l74140GJ1982PLC005215