Sonata Software Ltd. — M&A Activity 2024

Sep 3, 2024

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3[rd] September, 2024

National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Mumbai Kind Attn: Manager, Listing Department Stock Code - SONATSOFTW

BSE Limited P.J. Towers, Dalal Street, Mumbai Kind Attn: Manager, Listing Department Stock Code - 532221

Dear Sirs/Madam,

Sub: Intimation regarding completion of merger of Encore Software Services Inc., USA (a wholly owned subsidiary of Sonata Software North America Inc, USA) with Sonata Software North America Inc., USA (a wholly owned subsidiary of Sonata Software Limited).

Ref: Our previous announcement on this matter dated 7[th] May, 2024.

With reference to the captioned subject, please note that the merger of Encore Software Services Inc., USA, a wholly owned subsidiary of Sonata Software North America Inc, USA (“Encore USA”) with Sonata Software North America Inc., USA, a wholly owned subsidiary of Sonata Software Limited (“SSNA”) has been completed.

Previously, in August 2021, Sonata Software Limited through SSNA, had acquired 100% stake in Encore USA, and the same was intimated to stock exchanges on 3[rd] August, 2021.

The information is in furtherance to the previously submitted announcement dated 7[th] May, 2024 under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13[th] July, 2023, as amended, is enclosed herewith as Annexure I.

• This intimation is also being made available on the Company’s website at https://www.sonata software.com/about-us/investor-relations.

We request you to kindly take the same on record.

Thanking you, Yours sincerely,

For Sonata Software Limited Mangal Digitally signed by Mangal Krishnarao Krishnarao Kulkarni Date: 2024.09.03 Kulkarni 21:59:37 +05'30' Mangal Kulkarni

Company Secretary, Compliance Officer and Head Legal

Encl: As above

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Sonata Software Limited - SSL Registered Office: 208, T V Industrial Estate, 2[nd] Floor, S K Ahire Marg, Worli, Mumbai – 400 030 Corporate Office: Tower-A, Sonata Towers, Global Village (Sattva Global City), RVCE Post, Kengeri Hobli, Mysore Road, Bengaluru - 560059, India Tel: +91 80 6778 1000 | CIN: L72200MH1994PLC082110

Website: www.sonata-software.com email: info@sonata-software.com

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ANNEXURE I

Disclosure under Clause (1) of Para A of Part A of Schedule III read with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Sl. No.	Particulars	Details
1.	Name of the entity(ies) forming part of the amalgamation/merger, details in brief such as, size, turnover etc.	Merger of Encore Software Services Inc., USA (a wholly owned subsidiary of Sonata Software North America Inc, USA) with Sonata Software North America Inc., USA (a wholly-owned subsidiary of Sonata Software Limited). Turnover as on 31stMarch, 2024: • Encore Software Services Inc.: INR 20,673 Lakhs • Sonata Software North America Inc: INR 115,444 Lakhs
2.	Whether the transaction would fall within related party transactions? If yes, whether the same is done at "arm's length"	Yes, at arm’s-length basis.
3.	Area of business of the entity(ies)	Information Technology services.
4.	Rationale for amalgamation/ merger;	For operational efficiency and synergy benefits.
5.	In case of cash consideration - amount or otherwise share exchange ratio	Not applicable.
6.	Brief details of change in shareholding pattern (if any) of listed entity	There is no change in the shareholding pattern of Sonata Software Limited.

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Sonata Software Limited - SSL Registered Office: 208, T V Industrial Estate, 2[nd] Floor, S K Ahire Marg, Worli, Mumbai – 400 030 Corporate Office: Tower-A, Sonata Towers, Global Village (Sattva Global City), RVCE Post, Kengeri Hobli, Mysore Road, Bengaluru - 560059, India Tel: +91 80 6778 1000 | CIN: L72200MH1994PLC082110

Website: www.sonata-software.com email: info@sonata-software.com