Persistent Systems Limited — Board/Management Information 2022

Jun 10, 2022

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NSE & BSE / 2022-23 / 47

June 10, 2022

The Manager Corporate Services, National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai 400 051

Ref: Symbol: PERSISTENT

The Manager Corporate Services, BSE Limited 14[th] Floor, P J Towers, Dalal Street, Mumbai 400 001

Ref: Scrip Code: 533179

Dear Sir / Madam,

Sub: Intimation of the appointment of Mr. Dan’l Lewin (DIN: 09631526), as an Additional Director (Independent Member) with effect from June 10, 2022 Ref.: Our earlier intimation vide letter no. NSE & BSE / 2022-23 / 38 dated June 7, 2022

In terms of Regulation 30 and any other applicable regulations, if any of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that basis the recommendation of the Nomination and Remuneration Committee of the Board of Directors of the Company, the Board of Directors vide a circular resolution dated June 10, 2022, has appointed Mr. Dan’l Lewin (DIN: 09631526) as an Additional Director (Independent Member) of the Company with effect from June 10, 2022 (IST) for a period of 5 years subject to approval by the Shareholders of the Company at its ensuing Annual General Meeting.

The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, are enclosed as Annexure for your records.

Please acknowledge the receipt.

Thanking you,

Yours sincerely, For Persistent Systems Limited

AMIT Digitally signed by AMIT MURARI MURARI ATRE Date: 2022.06.10 ATRE 17:26:33 +05'30' Amit Atre Company Secretary ICSI Membership No.: A20507

Encl: As above

Persistent Systems Limited, Bhageerath, 402 Senapati Bapat Road, Pune 411 016, Maharashtra, India CIN - L72300PN1990PLCO56696

Tel: +91 (20) 670 30000 | Fax - +91 (20) 6703 0008 | E-mail - info@persistent.com | Website - www.persistent.com

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Annexure

Disclosure of information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015.

Sr. No.	Details of Events that need to be provided	Information of such events(s)
1.	Reason for change viz. appointment, resignation, removal, death, or otherwise	Appointment of Mr. Dan’l Lewin as an Additional Director (Independent Member) of the Company.
2.	Date of appointment and term of appointment	Date – June 10, 2022 (IST) Term of appointment – Mr. Dan’l Lewin has been appointed as an Additional Director (Independent Member) of the Company with effect from June 10, 2022 (IST) for a period of 5 years subject to approval by the Shareholders of the Company at its ensuing Annual General Meeting.
3.	Brief profile	Mr. Lewin is the President and Chief Executive Officer of the Computer History Museum (CHM), a nonprofit organization with a four-decade history exploring the world’s computing past, digital present, and future impact of technology on humanity. Lewin directs the strategic planning, fundraising, and ongoing operations of CHM. Prior to CHM, Lewin led Microsoft’s work in applying technology for public good during a 17-year tenure. He collaborated cross-company and with external partners to focus on scalable impact, with a portfolio that includes establishing the company’s global startup and venture capital engagement model, its campaign and civic tech engagement efforts, affordable internet access initiatives, environmental sustainability work, and partnerships with leading research universities. Prior to Microsoft Lewin accrued 30-plus years of leadership experience in Silicon Valley. He led the initial launch of the Macintosh to higher education for Apple Computer, Inc, as a founder of NeXT, Inc, and led sales and marketing for GO Corporation. Lewin also served as CEO of Aurigin Systems, Inc., a company that pioneered the market for Intellectual Property Asset Management, bringing investors, corporate, academic, and civic leaders together to advance emerging technology, digital transformation, and sustainability initiatives. Lewin has helped organizations build long-term competitive positioning,

Persistent Systems Limited, Bhageerath, 402 Senapati Bapat Road, Pune 411 016, Maharashtra, India CIN - L72300PN1990PLCO56696

Tel: +91 (20) 670 30000 | Fax - +91 (20) 6703 0008 | E-mail - info@persistent.com | Website - www.persistent.com

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Sr. No.	Details of Events that need to be provided	Information of such events(s)
		guided strategy, and governance to foster organizational growth with effective partnering, technology, tools, and processes for scalability, financial viability, and strategic goal achievements. He has developed groundbreaking approaches to extend technology reach and awareness to millions of individuals, businesses, and organizations, and created new technology-based business models, partner ecosystems, and customer solutions, empowering individuals, and organizations with a significant advantage. Lewin has served on the boards of the Silicon Valley Community Foundation, UI Labs, and Advanced Energy Economy, and currently serves as a Board Director at StartX. He is also on the Advisory Council for the Department of Politics at Princeton University. Lewin holds an AB in politics from Princeton University.
4.	Disclosure of relationships between directors	Mr. Lewin does not have any inter-se relationship with any other director.
5.	Information pursuant to BSE Circular with ref. no. LIST/ COMP/ 14/ 2018-19 and NSE Circular NSE/CML/2018/24 (‘Circulars’)	Mr. Lewin is not debarred from holding the office of a Director by virtue of any SEBI order or any other such authority as required under the circulars.

Persistent Systems Limited, Bhageerath, 402 Senapati Bapat Road, Pune 411 016, Maharashtra, India CIN - L72300PN1990PLCO56696

Tel: +91 (20) 670 30000 | Fax - +91 (20) 6703 0008 | E-mail - info@persistent.com | Website - www.persistent.com

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