Quess Corp Limited — Board/Management Information 2021

Mar 1, 2021

March 01, 2021

Department of Corporate Services, BSE Limited, 1st Floor, New Trading Ring, Rotunda Building, PJ Towers, Dalal Street, Mumbai - 400 001 Security Code - 539978

Department of Corporate Services, National Stock Exchange of India Limited Exchange Plaza, Bandra- Kurla Complex, Bandra (East), Mumbai- 400 001 NSE Symbol - QUESS

Dear Sir/ Madam,

Sub: Changes in Key Managerial Personnel of the Company

Based on the recommendations of the Nomination and Remuneration Committee of the Company, the Board of Directors at its meeting held today, i.e. Monday, March 01, 2021, has considered and approved the following matters:

• (a) Re-designation of Mr. Ajit Isaac (DIN: 00087168), who currently holds the position of "Chairman & Managing Director" as "Executive Chairman" with effect from April 1, 2021 till the end of his current term on the same terms and conditions, subject to the approval of the shareholders at the ensuing AGM.
• (b) Elevation of Mr. K. Suraj Moraje (DIN: 08594844), who currently holds the position of "Group CEO & Executive Director" as "Group CEO & Managing Director" with effect from April 1, 2021 till the end of his current term on the same terms and conditions, subject to the approval of the shareholders at the ensuing AGM.
• (c) Noting of the resignation of Mr. Subramanian Ramakrishnan as Group Chief Financial Officer of the Company w.e.f. the closing of the business hours of March 31, 2021. Mr. Ramakrishnan will pursue an entrepreneurial venture, while continuing with the Company as an Advisor for the next 12 months.
• (d) Appointment of Mr. N. Ravi Vishwanath as Group Chief Financial Officer of the Company with effect from April 01, 2021.

The details as required under Listing Regulations read with SEBI Circular No. CIR/CFD/ CMD/ 4/ 2015 dated September 9, 2015, including the brief profile of the incoming Chief Financial Officer, are given in Annexure - '1' to this letter.

This disclosure will be made available on the Company's website at: https: // www .quesscorp.com/investor-other-information/

We request you to take the above information on your record.

Yours sincerely, .:�:- For Quess � Corp Limited �' f'I "''l>Kundan KLal ' . .,, >, i" Company Secretary and Comp lanl:e 0fficer

Quess Corp Limited

Quess House, 3 /3/2, Bellandur Gate. Sarjapur Road, Bengaluru-560103, Karnataka, India Tel: +91806105 6001 I connect@quesscorp.com I CIN No.L74140KA2007PLC043909

www.quesscorp.com

Annexurel

Information as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015

Reason for change viz.,	Re-designationofMr.Ajit	ofElevation
appointment,	Isaac, who currently holds the	K.
		Mr.Suraj Moraje, who
resignation, removal,	positionof"Chairman&	currently holds the position of
death or otherwise	ManagingDirector"as	"GroupCEO&Executive
	"Executive Chairman".	Director" as "Group CEO &
		Managing Director"
Date of Appointment	ThisnotafreshIS	Thisisnotafresh
/ cessation (as	appointment.	appointment.
applicable) and term of
appointment	Re-designation will be with	Elevation will be with effect
	effect from April 1, 2021 till the	from April 1, 2021 till the end
	end of his current term.	of his current term.
Brief Profile	Not Applicable since Mr. Ajit	Not Applicable since Mr. Suraj
	is already the Chairman &	isalreadytheExecutive
	ManagingDirectorofthe	Director & Group CEO of the
	Company.	Company.
Disclosure of	NoneoftheDirectorsare	Nonethe Directorsofare
relationships between	relatedtoeachother	relatedtoeachother
directors	personally,financiallyor	personally,financiallyor
	otherwise.	otherwise.

Reason for change viz.,	Appointment of Mr. N. Ravi	Resignationof
appointment,	VishwanathastheGroup	Mr.Subramanian
resignation, removal,	Chief Financial officer of the	Ramakrishnan as the Group
death or otherwise	Company.	Chief Financial officer of the
		Company.
Date of Appointment	April 01, 2021	With effect from the closing of
/ cessation (as		the business hours of March
applicable) and term of		31,2021
appointment
Brief Profile	Attached	NA
Disclosure of	NA	NA
relationships between
directors

Pursuant to the BSE circular No. LIST /COMP /14/2018-19 dated June 20, 2018, we hereby affirm that the aforementioned Directors are not debarred from holding the office of Director by virtue of any Securities Exchange Board of India order or any other such authority.

Quess Corp Limited

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

Brief profile of Mr. N Ravi Vishwanath, Group CFO w.e.f. April 1, 2021

Mr. N Ravi Vishwanath is a fellow member of the Institute of Chartered Accountants of India and also holds a bachelor's degree in commerce from Bangalore University. He has over 30 years of experience in Finance, Taxation, Corporate Laws, and M&A as under:

■ Feb 2011 to March 2021: Group Chief Financial Officer, TeamLease Services Limited: Responsible for all financial / taxation and corporate law matters of the Company and its group companies apart from managing investor relation activities. Led discussions with the Private Equity firms resulting in a second round of capital infusion in April 2011 and successfully handled the company's IPO in 2016. Over the past few years worked on M&A, Board effectiveness, improving performance management, building an effective and efficient finance team for the future through a combination of renewed information architecture, BI and training, and developing an enterprise wide risk framework.

■ September 2005 to June 2010: Finance Director – India GEM, Sun Microsystems India Private Limited**:** Head of various finance functions including the India Engineering Center, FP&A, Revenue Management, Corporate Law and Taxation (both direct and indirect) related matters.

■ February 2003 to August 2005: Senior Vice President–Finance, Symphony Services Corp (India) Private Limited: Responsible for all financial, corporate law related, commercial, legal/taxation, infrastructure/administration/facilities, FP&A and M&A functions for the organization in India.

■ May 2000 to February 2003: Co-Founder & Chief Financial Officer, Majoris Systems Private Limited: Responsible for all financial, commercial, corporate/legal matters in the organization, including investor relations; ensured the company survived the downturn and turned profitable.

He has also worked for many years as a tax/regulatory and business advisory services professional in senior leadership roles at Arthur Andersen and PwC.

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