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Quess Corp Limited Board/Management Information 2021

Mar 1, 2021

61817_rns_2021-03-01_a4bcd6a9-5d2a-40b0-b1eb-adeabbee3230.pdf

Board/Management Information

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GUESS
WINNING TOGETHER
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March 01, 2021

The General Manager

Department of Corporate Services, BSE Limited Floor 25, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001 Security Code- 539978

The Manager

Listing Department,

National Stock Exchange of India Limited "Exchange Plaza", Bandra-Kurla Complex, Bandra (East), Mumbai-400051 NSE Symbol- QUESS

Dear Sir / Madam,

Sub: Press Release

We are enclosing herewith copy of Press Release dated March 01, 2021 titled "Quess Corp separates Chairman and MD roles, appoints new CFO".

Kindly take the same on record.

Thanking You,

Yours sincerely, For Quess Corp Limited . KundanKLal �v. Company Secretary & Compliance Officer

Encl. a/a

Quess Corp Limited

Quess House, 3/3/2, Bellandur Gate, Sarjapur Road, Bengaluru-560103, Karnataka, India Tel: +91 80 6105 6001 I connect�quesscorp.com I CIN No.L74140KA2007PLC043909

www.quesscorp.com

BSE: 539978 I NSE: QUESS I ISIN: INE615P01015 I CIN: L74140KA2007PLC043909 I WWW.QUESSCORP.COM

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Quess Corp separates Chairman and MD roles, appoints new CFO

Bengaluru, India. March 1, 2021.

Quess Corp, India’s largest business services provider and a top-50 staffing provider globally, today announced the separation of its Chairman and MD roles. Suraj Moraje, currently Group CEO and Executive Director, will be elevated to Group CEO and Managing Director from April 1. Ajit Isaac, currently Executive Chairman and MD, will continue in the role of Executive Chairman.

The company also appointed N. Ravi Vishwanath as CFO of the company effective April 1. Ravi Vishwanath was previously CFO of Teamlease and Finance Director at Sun Microsystems. Subramanian Ramakrishnan, the current CFO, is stepping down from the company on March 31 to pursue an entrepreneurial venture.

“We are grateful to Ramki for his contributions to Quess over the last 2 years, including strengthening our balance sheet, improving controls, and driving our investor relations practices. We look forward to supporting his entrepreneurial ambitions, as he continues to be an advisor to Quess over the coming year,” Suraj Moraje, Group CEO of Quess Corp said, adding “I warmly welcome Ravi to the team. His vast experience in the staffing industry, public markets and investor relations will bring great value to Quess over the coming years, as we continue to execute towards our North Star of achieving and sustaining 20% ROE.”

About Quess Corp

Established in Bengaluru in 2007, Quess Corp Limited (BSE: 539978, NSE: QUESS) is India’s leading business services provider. Quess helps large and emerging companies achieve higher productivity and greater work force flexibility at lower costs through integrated outsourcing and technology offerings. Quess has a team of around 333,000 employees across India, North America, APAC, and the Middle East.

For further details on Quess Corp Ltd., please visit: http://www.quesscorp.com.

Disclaimer: This document may contain statements that constitute forward-looking statements. These statements include descriptions regarding the intent, belief or current expectations of the Company or its directors and officers with respect to the results of operations and financial condition of the Company. These statements can be recognized by the use of words such as "expects", "plans", "will", "estimates", "projects", or other words of similar meaning. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those in such forward-looking statements as a result of various factors and assumptions, which the Company believes to be reasonable in light of its operating experience in recent year. The risks and uncertainties relating to these statements include, but not limited to, risks and uncertainties, regarding fluctuations in earnings, our ability to manage growth, competition, our ability to manage our international operations, government policies, regulations, etc. The Company does not undertake any obligation to revise or update any forward looking statement that may be made from time to time by or on behalf of the Company including to reflect actual results, changes in assumptions or changes in factors affecting these statements

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