Expleo Solutions Limited announced that the shareholders of the Company through Postal Ballot approved all the special resolutions pertaining to appointment of Mr. Narayanan Subramaniam, Dr. Srivardhini Keshavamurthy Jha and Dr. Varadharajan Sridhar as an Independent Director (Non-Executive) for a period of 5 years, with effect from April 1, 2024 till March 31, 2029, as set out in the Postal Ballot notice dated February 07, 2024 with requisite majority on March 21, 2024, being the last date of the Remote e-Voting. The second term of 5 years of Prof. K. Kumar, Prof. S. Rajagopalan, Mr. Rajiv Kuchhal and Mr. Ulrich Baumer, as Independent Directors of the Company will come to an end on March 31, 2024. Mr. Narayanan Subramaniam is a Fellow Member of The Institute of Chartered Accountants of India, Graduate Member of The Institute of Cost and Management Accountants of India, Fellow Member of The Institute of Company Secretaries of India and Post Graduate Diploma in Management from Indian Institute of Management, Ahmedabad.

He is founding Chairman of Venture Capital Association of India (VCAI) under the aegis of Assocham and has been a thought leader in investing across various Asset classes from Venture, Growth, Debt and Currencies. Currently, he serves as an Independent Non-Executive Board Member of listed companies across Banking, Recycling, Fast Moving Consumer Goods marketing industries and to be listed Asset Reconstruction business. He has held positions as Board Member in Information Technology services companies in India and abroad besides serving on Board of Information Technology Product company that has rich Intellectual Property (IPs).

The rounded experience across Strategy, Finance and Banking, Compliance & Governance, Marketing disciplines makes him an invaluable addition to the Board. Dr. Srivardhini Keshavamurthy Jha is Associate Professor of Entrepreneurship at the Indian Institute of Management Bangalore IIMB) and Chairperson of NSRCEL, IIMB's startup incubator. Her research interest is in Innovation and Entrepreneurship in the emerging country context.

She has published papers in several prestigious journals such as MIS Quarterly, MIT Sloan Management Review and Annals of the New York Academy of Sciences. She has co-edited a book titled "Shifting Orbits: Decoding the Trajectory of the Indian Startup Ecosystem", which was published in 2021. She works closely with many startups, mentoring and advising them.

She has also contributed to policy formulation around innovation and entrepreneurship at the international, national and state government levels. Dr. Srivardhini holds a Ph.D. in Corporate Strategy and Policy from IIMB, an MS in Management Science and Engineering from Stanford University and a BS is Information Science and Engineering from Bangalore University. Prior to entering academia, she held senior managerial positions at Microsoft, Sun Microsystems, and Infosys.

Dr. Varadharajan Sridhar is Professor at the Centre for IT and Public Policy at the International Institute of Information Technology Bangalore (IIIT-B), India. He is the author of three books: The Telecom Revolution in India: Technology, Regulation and Policy (Oxford University Press: 2012), The Dynamics of Spectrum Management: Legacy, Technology, and Economics (Oxford University Press: 2014), and Emerging ICT Policies and Regulations: Roadmap to Digital Economies (Springer: 2019); and edited book titled Data Centric Living: Algorithms, Digitization and Regulation (Routledge: 2021). He has published many articles in peer-reviewed leading telecom and information systems journals.

Dr. Sridhar has taught at many Institutions in the USA, Finland, New Zealand and India. He has been a member of Government of India committees on Telecom and IT and also has industry experience in the communication industry. He has written more than 350 articles in prominent business newspapers and magazines relating to telecom regulation and policy in India.

He has received funding from different sources, both national and international for his research projects. Dr. Sridhar has a Ph.D. from the University of Iowa, U.S.A.