Expleo Solutions Ltd

Resignation — Director, Sales USA (KMP/SMP)

• Resignation of Rizwan Shaikhmohammed, Director - Sales, USA (KMP/SMP), effective Aug 31, 2026.
• Reason: Personal reasons.
• Relieved of duties from close of business Aug 31, 2026.
• No other material reason for resignation stated.

Resignation of Director - Sales, USA

• Resignation of Rizwan Shaikhmohammed, Director - Sales, USA, KMP and SMP.
• Resignation effective from close of business hours August 31, 2026.
• Resignation due to personal reasons.

Financial results and key actions

• Unaudited standalone results for quarter ended June 30, 2026 approved; Deloitte reviewed.
• Unaudited consolidated results for quarter ended June 30, 2026 approved; Deloitte reviewed.
• Auditors' review concluded no material misstatement for standalone and consolidated results.
• Final dividend of Rs 110 per share for FY2025-26, subject to AGM Aug 26, 2026.
• New wholly owned subsidiary Expleo Solutions Gift IFSC Limited incorporated June 14, 2026; awaiting IFSCA approval.
• Group to submit unaudited results for the first three quarters of 2026-27 to stock exchanges.

Meeting Details

• Date: August 14, 2026; time and venue not disclosed.

Key Agenda Items

• Unaudited standalone financial results for the quarter ended June 30, 2026.
• Unaudited consolidated financial results for the quarter ended June 30, 2026.

Other Notes

• Trading window closure periods not specified.

AGM notice and email-compliance

• AGM scheduled for 26 August 2026 at 3:30 PM IST via VC/OAVM.
• Letters issued to shareholders without registered email with weblinks to AGM notice and AR.
• Weblinks provided for Annual Report and AGM Notice with exact paths.

Book closure and e-voting details

• Cut-off date for electronic voting entitlement: 19 August 2026.
• AGM scheduled for 26 August 2026.
• Register of Members and Share Transfer Books closed 19–26 August 2026 (inclusive).
• Purpose: determine members' voting entitlement for the 28th AGM.

Overview

• Consolidated reporting for Expleo Solutions Limited; FY2025-26.
• Main activity: software testing services within the Expleo Group.
• Exports account for about 84.5% of turnover.
• Geography: operations in 7 Indian states and 31 countries.
• CSR turnover INR 11.08 billion; net worth INR 7.61 billion.

Key ESG Risks & Opportunities

• Occupational health and safety identified as an opportunity; focus on safe workplaces.
• Customer relationship and engagement flagged as risk; pursue sustainability-led client solutions.
• Governance risk; strong board oversight via Audit Committee and whistleblower/anti-bribery policies.
• Emissions management seen as opportunity; energy efficiency and renewable energy integration.
• Cybersecurity and data privacy risk; AI security policies and ISO 27001 alignment planned.
• Diversity, equity and inclusion considered an opportunity; DEI targets integrated into leadership.

Governance & Policy Highlights

• MD & CEO leads sustainability decisions; board oversight via Audit Committee.
• Policies include Information Security, Privacy, Code of Conduct, Whistleblower, and Supplier Code.
• Anti-bribery policy exists as an internal policy under Business Conduct Guideline.
• Assurance: no external policy audits; multiple ISO/SSAE certifications.
• Disciplinary actions for bribery: zero across directors, KMPs, and employees.
• Board female representation 33%; KMP female 13%; one KMP resigned in 2026.

Social Responsibility & Workforce

• Total workforce 4,177; 2,735 male and 1,442 female; 9 differently abled.
• Permanent turnover approximately 25%; workers’ turnover not applicable.
• Well-being spend equals 1.35% of revenue; comprehensive health and safety measures.
• PF coverage 99.92%; gratuity 100%; ESI coverage 0% for non-permanent.
• Parental leave: overall return-to-work 71.58%; female 50%.
• Grievance channels include HR email, POSH mailbox, and whistleblower inbox.

Environmental Performance

• Total energy: 100,37,221 MJ; renewables 1,90,875 MJ; non-renewables 82,46,345 MJ.
• GHG emissions: Scope 1 48.2 tCO2e; Scope 2 1,494.28 tCO2e.
• Emissions intensity: 0.00000014 tCO2e per INR turnover; PPP-adjusted 0.0000028.
• Water withdrawal: groundwater 3,287.92 kl; third-party 14,081.99 kl; total 17,369.91 kl.
• Waste generated: total 27.45 tonnes; plastic 2.90; e-waste 0.22; landfilling 3.15.
• LEED-certified water treatment at Pune; STRP at Pune; water recycling about 3,036,000 L.

Stakeholder Engagement & Complaints

• Key stakeholder groups: investors, customers, employees, communities, regulators, partners.
• Engagement channels include website, client connects, townhalls, HR initiatives; ongoing frequency.
• Customer complaints FY2025-26: 8; FY2024-25: 7; one open complaint closed May 2025.
• Grievance mechanisms include Grievance.HRIndia@expleogroup.com, POSH-India@expleogroup.com, audit.committee inbox.
• Community engagement linked to CSR initiatives in education and environmental sustainability.

Other Notable Metrics

• R&D 100% focused on employee education, upskilling, and environment/social impact improvements.
• Capex 9.84% of total; energy efficiency and employee health-related investments.
• RPTs: purchases 20%, sales 35%, loans 100%, investments 0%.
• Inputs from MSMEs: 53.59% direct; 46.41% within the district.
• Affiliations: NASSCOM, CII, IFCCI, IMA; cybersecurity policy available internally.