Persistent Systems Limited announced that Prof. Deepak Phatak (DIN: 00046205) upon his reaching the age of 75 years, has decided to step down from the position of Independent Director of the Company, and has conveyed his decision through a letter dated April 2, 2023, with immediate effect. Names of listed entities in which the resigning director holds directorships, indicating the category of directorship and membership of board committees, if any: Prof. Deepak Phatak is an Independent Director of the Company and is a Chairman/Member of the following Committees of the Board of Directors of the Company: Chairman of the Nomination and Remuneration Committee of the Board; Chairman of the Stakeholders Relationship and ESG Committee of the Board; Member of the Corporate Social Responsibility Committee of the Board. Prof. Deepak Phatak does not hold a Directorship or Chairmanship/Membership of any Committees of the Board of Directors in any other Listed Company.