StarTek, Inc. (the ?Company?) with the Securities and Exchange Commission (the ?SEC?) on October 10, 2023, the Company entered into an Agreement and Plan of Merger (the ?Merger Agreement?), dated as of October 10, 2023 with Stockholm Parent, LLC, a Delaware limited liability company (?Parent?), and Stockholm Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent (?Merger Sub?). Parent and Merger Sub are affiliates of CSP Alpha Holdings Parent Pte Ltd, a private company limited by shares incorporated under the laws of Singapore (?CSP Alpha?), and CSP Victory Limited, an entity governed by the laws of the Cayman Islands (?CSP Victory? and together with CSP Alpha, each, a ?Sponsor?

and collectively, the ?Sponsors?), which provided for Merger Sub to be merged with and into the Company (the ?Merger?), with the Company surviving the Merger as a wholly-owned subsidiary of Parent. On January 5, 2024, the Merger became effective and the Company and Parent took various other actions, as discussed further below. Pursuant to the Merger Agreement, effective upon the consummation of the Merger, each of Albert Aboody, Sudip Banerjee, Jerry Schafer, Anupam Pahuja and Nallathur S. Balasubramanian voluntarily resigned from the board of directors of the Company and the committees on which they served, if any.

Additionally, Bharat Rao, Sanjay Chakrabarty and Mukesh Sharda will remain as directors of the Company.