#USA #Santa Clara #Persistent Systems #Extel Survey #CEO Sandeep Kalra

Persistent Systems Ranks Highly in Extel's Executive Team Survey for 2025

In an outstanding achievement for the second year running, Persistent Systems, a global leader specializing in Digital Engineering and Enterprise Modernization, has received top honors in the prestigious 2025 Extel Asia Executive Team survey, an event recognized by prominent buy-side and sell-side analysts alike. The survey highlights corporate performance across critical sectors such as leadership, governance, and investor relations, making this recognition even more significant.

This year's survey consisted of participation from over 6,300 portfolio managers and analysts who assessed companies across 18 different sectors, thereby establishing a reliable benchmark for corporate performance.

Noteworthy Rankings Achieved

Persistent Systems has been acknowledged across several categories, showcasing the company's dedication to superior executive leadership, investor relations, corporate governance, and environmental, social, and governance (ESG) practices. Key accolades include:

• - Best CEO: Sandeep Kalra, Chief Executive Officer and Executive Director
• - Company Board of Directors: Ranked first
• - Overall ESG Practices: Rated first
• - Best Investor Relations Program: Secured second place
• - Best Investor Relations Team: Achieved third place

These accomplishments are a testament to Persistent's commitment to delivering best-in-class outcomes for stakeholders and underscore the continued growth and improvement the company has made over the past year.

Commentary from Leadership

Sandeep Kalra expressed pride over the company's recognition by Extel and conveyed his gratitude to the portfolio managers and analysts that participated in the survey. He noted, "This year's rankings reflect a significant improvement from last year, underscoring our continued focus on delivering best-in-class outcomes for all our stakeholders. Thank you to the Persistent team for their dedication to upholding the highest standards of governance, communication, and performance. We will continue to engage meaningfully with the investment analyst community, sharing our progress and priorities with the same credibility, consistency, and accountability that have defined our approach."

Persistent's Commitment to Excellence

The strong rankings achieved in this survey can be attributed to several factors. Persistent's focus on proactive investor engagement encourages transparent communication and builds a credible relationship with stakeholders. The company has implemented thoughtful strategies concerning ESG, which demonstrates its commitment to responsible business practices and long-term value creation.

In addition, the recognition reinforces the company's disciplined capital allocation strategy and the high-quality, transparent disclosures provided by its investor relations team. It's worth noting that this achievement follows a remarkable year in 2024 when Persistent secured top rankings in the same survey, showcasing consistent performance over time.

About Persistent Systems

Founded and led by a team of over 24,500 employees across 19 countries, Persistent Systems (BSE: 533179) (NSE: PERSISTENT) delivers innovative solutions that help businesses adapt to the digital age. The company's service portfolio encompasses various domains, including AI-driven software engineering, product development, data analytics, customer experience transformation, cloud computing, and intelligent automation.

In addition to its accolades, Persistent is an integral part of the MSCI India Index and holds positions in key indices including the Nifty Midcap 50, Nifty IT, and Nifty MidCap Liquid 15. Notably, the company is recognized for its sustainability initiatives, having achieved carbon neutrality and committed to aligning operations with the United Nations Global Compact's principles for human rights, labor, the environment, and anti-corruption methods.

With a remarkable growth of 327% in brand value since 2020, Persistent remains a frontrunner in enhancing its presence as one of the fastest-growing IT services brands in India—as reported in the 2024 Brand Finance India 100 Report.

In conclusion, Persistent Systems' consistent recognition by Extel is not just a reflection of its corporate strategies, governance, and leadership; it serves as a benchmark for stakeholders looking for a reliable and innovative partner in the digital transformation journey.