Intimation of Vesting of Employee Stock Options under Company's Employee Stock Option Scheme 2022

eClerx Services Ltd has announced the vesting of 498,610 employee stock options to employees of the company and its subsidiaries. These options were originally granted on May 25, 2023 under the Employee Stock Option Scheme 2022. The total pool of options granted amounts to 12,56,270 equity shares with an exercise price of Rs. 709.91 per share. The Nomination and Remuneration Committee approved this vesting at its meeting held on May 13, 2026. Employees can exercise these vested options within 3 years from the vesting date. The scheme is administered via an ESOP Trust that purchases shares from the secondary market to facilitate exercises.