Ramco Systems Ltd — Earnings Release 2022

May 19, 2022

ramco

May 19, 2022

National Stock Exchange of India Ltd.,

Exchange Plaza, 5th Floor Plot No:C/1, G Block Bandra Kurla Complex, Bandra (E) Mumbai – 400 051 Scrip: RAMCOSYS

BSE Ltd.,

Corporate Relationship Department Phiroze Jeejheebhoy Towers Dalal Street, Mumbai – 400 001 Scrip: 532370

Dear Sir/Madam,

Sub: Press Release

Ref: Regulation 30 of SEBI LODR

Further to our intimation today regarding the Outcome of the Board Meeting held on May 19, 2022, please find enclosed the press release, titled "Ramco Systems FY22 Revenue stands at USD 71.93m".

The aforesaid intimation is also being hosted on the website of the Company www.ramco.com.

Kindly take on record the same.

Thanking You,

Encl: As above

Corporate Headquarters : 64, Sardar Patel Road, Taramani, Chennai 600 113, lndia I Tel: +91 44 2235 4510 / 66534000 Fax: +91 44 2235 2884 I CIN : L72300TN1997PLC037550 l Registered Office:47, P.S.K. Nagar, Rajapalayam 626 108, lndia

ramco

RAM CO 04 & ANNUAL RESULTS: FY 21 - 22

Ramco Systems FY22 Revenue stands at USD 71.93m

Chennai, India - May 19, 2022: Ram co Systems (BSE - 532370, NSE - RAMCOSYS); a global enterprise software company focusing on Next Generation Cloud Enterprise Applications, today announced the results for the fourth quarter and financial year 2021-22.

For the year ended March 31, 2022 (FY: 2021-22), global income of Ramco Systems Limited was USD 73.18m (Rs 540.4cr). The net loss after tax for the year stood at USD 9.94m (Rs 73.4cr).

For the quarter ended March 31, 2022 (04: 2021-22), global consolidated income of Ramco Systems Limited stood at USO 16.77m (Rs 125.2cr).

FY22 Financial Highlights:

• Order booking stands at USD 64.78 m
• 13 'Million-Dollar-Plus' deals signed
• Company continues to remain debt-free

FY22 Business Highlights:

• Improved operational efficiency and project execution continue to drive business forward
• Asia is showing signs of returning to normalcy with decent increase in engagement levels
• Investments in Defense have started to yield results, and showing over75% YoY increase in pipeline
• Major product enhancements and feature releases as a part of Ramco Aviation, Aerospace & Defense thereby augmenting shopfloordigitization and paperless operations
• Ramco HR & Global Payroll is at 24% CAGR for five years on recurring revenue
• Workday certifies Ramco as a 'Workday Global Payroll Certified Integrator' for7 additional countries ,
• Feature rollouts infused with Artificial Intelligence, Machine Leaming as a part of Ramco Global Payroll to empower end users
• Plans to launch a center in Madurai, Tamil Nadu, to tap talent

Commenting on the results, P.R. Venketrama Raja, Chairman, Ramco Systems, said, "Ramco Systems is celebrating its silver jubilee this year and it is indeed heartening to look back on the 25 years of innovation and the legacy the company has built. With a strong set of clients and distinctive offerings, we confidently look forward to the coming year. With investments focused in the right direction and with global expansions we will continue to make the company stronger."

About RamcoSystems:

Ramco is a next-gen enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HR and Global Payroll, ERP and M&E MRO for Aviation. Part of the USO 1 billion Ram co Group, Ram co Systems focuses on Innovation and Culture to differentiate itself in the marketplace. On Innovation front, Ram co has been focusing on moving towards Active ERP leveraging Artificial Intelligence and Machine Leaming and Event Driven Architecture by building features such as Talk It • which allows transactions to be carried out by simple voice commands, Bot it -which allows users to complete transaction using natural conversations; Mall It - transact with the application by just sending an email; HUB It - a one screen does it all concept builtto address all activities of a user; Thumb It - mobility where the syste ,. - e,e~~ ers with option to choose rather than type values and Prompt It - a cognitive ability which will let the system CD!Jlm>!<ete-:Ul1! sactio prompts the user for approval. 8 CHEN NA!~-

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Copyright 2022, Ramco Systems Limited. Information subject to change. All rights acknowledged. Page 1 of2

ramco

RAMCO 04& ANNUAL RESULTS: FY 21 - 22

With 1800+ employees spread across 24 offices, globally, Ram co follows a flat and open culture where employees are encouraged to share knowledge and grow. No Hierarchies, Cabin-less Offices, Respect work and not titles, among others are what makes 1he team say, Thank God it's Monday!

Leader in NelsonHall's NEAT Matrix for Next Gen Payroll Services Winner of 2020 ISG Paragon Awards Asia Pacific, for 'Transformation' and 'Collaboration' Winner Global Payroll Transformation Project of the Year- 2019 by Global Payroll Association Positioned as Major Contender in Everest Group's Multl-Country Payroll Platform PEAK Matrix

For more information, please visit http://www.ramco.com/ Follow Ram co on Twitter @ramcosystems and stay tuned to http·//blogs ram co com

For further information, please contact: Neha Hasija +91 - 9940320066 neha.hasija@ramco.com mailto:pr@ramco.com

Ramco Systems Limited 64, Sardar Patel Road, Taramani, Chennai - 600 113 CIN - L723001N1997PLC037550

Safe Harbor

Certa111 statements in this release concerning our future growth prospects are forward looking statements wll1ch mvolve a number of risks and uncertainties that could cause actual results to differ materially from those in suc/1 forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to nsks and uncertamties regarding fluctuations in earnings, our ability to manage growth. inle11se competition in IT business inc/tiding those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overru11s on fixed-price. fixed-time frame contracts, client concentration, restrictions on immig, ation. our ability lo manage our international operations. reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions. liability for damages on our service contracts. withdrawal of governmental fiscal incentives. political instability, and unauthorized Lise of our intellectual property and general economic conditions affecting our industry. Ramco Systems may, from time to time. make addit10nal written and oral forward-loolcing statements. including statements contained in our reports to shareholders. The company does not undertake to update any forward-looking statement that may be made from time to lime by or on behalf of tile company. -

Copyright 2022, Ram co Systems Limited. Information subject to change. All rights acknowledged. Page Z of2