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Persistent Systems Limited Regulatory Filings 2020

Aug 4, 2020

60826_rns_2020-08-04_22ed3f21-8e0e-4188-963b-d011fe0ba140.pdf

Regulatory Filings

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NSE & BSE / 2020-21 / 48

August 4, 2020

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

The Manager, Corporate Services, Bombay Stock Exchange Limited 14th Floor, P J Towers, Dalal Street, Mumbai 400 001

Ref: Scrip Code: 533179

Dear Sir/Madam,

Ref: Symbol: PERSISTENT

Sub: Press Release regarding "Persistent Receives 2020 Workato Partner Award for Innovation"

We wish to inform you that the Company has made a press release dated August 5, 2020, titled "Persistent Receives 2020 Workato Partner Award for Innovation".

The copy of the Press Release is enclosed for your records.

Please acknowledge the receipt.

Thanking you,

Yours Sincerely, For Persistent Systems Limited

Amit Atre Company Secretary ICSI Membership No.: A20507

Encl.: A/a

Persistent Receives 2020 Workato Partner Award for Innovation

Santa Clara, Calif., Pune, India

August 5, 2020

News summary:

Persistent Systems (BSE and NSE: Persistent) has been named a winner of the 2020 Workato Partner Awards in the category of Innovation across OutSystems, Banking and Snowflake. The award was announced at Workato's recent 2020 Partner Summit, held virtually on June 10th and attended by over 600 registered partners. Workato provides automation and integration across all business applications.

The award identifies Persistent as a premier systems integrator for this category, across 11 criteria: Strategic Alliance; Public Sector; Implementations; Go-to-Market; Innovation; Automation Center of Excellence; Process Automation; Automations; Sales Automations; IT Automations and Financial Automations.

Quote from Markus Zirn, VP of Business Development at Workato

"Our partners are the experts in their field and Persistent is at the forefront of innovation. Together with joint partners like OutSystems, Snowflake, Salesforce and more, they are creating unique solutions for these platforms powered by Workato. These solutions are making an impact in fields like Healthcare, Banking, Insurance and more by enabling our joint customers to accelerate their transformation journey while still meeting the core enterprise needs."

Persistent was an early partner of Workato. The two companies share a vision of driving automation and ease of integration across financial services, healthcare and IT innovation. The partnership drives competitive advantage for our customers by bringing solutions to the market

quicker. Workato's industry leading technology and Persistent's knowledge of the domain and superior execution capabilities create a strong value proposition for our customers.

Quote from Samir Agarwal, SVP Partnerships at Persistent

"We are seeing incredible demand across the globe for our digital mosaic led innovative approach to digital banking solutions and intelligent automation. Our low-code/no-code partner solutions help us speed time to value for our customers. Workato offers us a powerful ability to move information across data platforms and the many software systems that comprise our solutions. We are thrilled to be named a winner in Workato's Innovation category."

About Persistent Systems

Persistent Systems (BSE & NSE: PERSISTENT) is a global solutions company delivering digital business acceleration, enterprise modernization and digital product engineering for businesses across all industries and geographies.

www.persistent.com

Forward-looking and Cautionary Statements

For risks and uncertainties relating to forward-looking statements, please visit www.persistent.com/FLCS

Media Contacts Ken Montgomery Saviera Barretto Persistent Systems (Global) Archetype +1 213 500 8355 +91 84249 17719 ken\[email protected] [email protected]