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Persistent Systems Acknowledged for Three Consecutive Years in Extel's Asia Executive Team Survey

Persistent Systems, a renowned leader in Digital Engineering and Enterprise Modernization, continues to set the standard for excellence in leadership and investor engagement. In the recently released 2026 Extel Asia Executive Team Survey, the company has proudly secured the title of 'Most Honored Company', a recognition it has now earned for three consecutive years.

Recognition Across Multiple Categories

In the highly competitive landscape of corporate leadership in Asia, Persistent Systems has emerged with top accolades spanning various categories. The firm achieved commendable rankings, particularly in the Technology, IT Services, and Software AI sectors, particularly excelling in the regions excluding Mainland China. Key highlights from the survey include:

• - Sandeep Kalra, CEO and Executive Director, clinching the number one spot as the Best CEO (across combined buy side and sell side).
• - The company’s Investor Relations Program proudly ranked first on the sell side.
• - Vinit Teredesai, CFO and Executive Director, was awarded the second position in the Best CFO category, considering both buy side and sell side evaluations.

These distinctions underscore Persistent's unwavering commitment to robust corporate governance and transparent stakeholder interactions. The firm’s successful performance in these rankings is a testament to its strategic execution and commitment to sound business practices.

Investor Confidence Reinforced

The recognition in the Extel rankings highlights the trust held by investors and analysts in Persistent Systems. The survey, which ranks over 2,500 companies and more than 2,700 executives across Asia, is a testament to the company's strength in crucial areas such as leadership credibility, financial stewardship, communication, and consistency in financial disclosures. The survey also reflects the company's responsiveness to its investor community—a vital component in today’s corporate environment.

Sandeep Kalra expressed gratitude for the support from investors and analysts, stating, “Consistent recognition in the Extel rankings reflects the trust and confidence that investors and analysts continue to place in Persistent. We are dedicated to robust governance and delivering differentiated value to our clients. As the technology landscape continues to evolve, we will remain steadfast in building a resilient, future-ready business that is able to scale with purpose and agility.”

About Persistent Systems

Founded with the vision to provide cutting-edge services and solutions, Persistent Systems operates as a global leader in Digital Engineering and Enterprise Modernization. With a team of over 27,500 professionals operating across 18 countries, the company is steadfast in delivering innovative solutions, including software engineering, product development, data and analytics, and intelligent automation.

Notably, Persistent is a constituent of several important indices such as the MSCI India Index and is recognized in sustainability initiatives, having achieved carbon neutrality. Its commitment to responsible business practices is further demonstrated through participation in the United Nations Global Compact. The firm is recognized as one of America's Greatest Workplaces for Inclusion and Diversity by Newsweek.

Persistent Systems continues to demonstrate a remarkable growth trajectory, evidenced by a staggering 468% rise in brand value since 2020, marking its status as the fastest-growing IT services brand according to the Brand Finance India 100 Report of 2025.

In conclusion, Persistent Systems' continued excellence in leadership and corporate governance is establishing a strong foundation for its future growth and sustained success, reinforcing its positioning as a reliable partner in the realm of Digital Engineering and Enterprise Modernization.