Mumbai, Sept. 23 -- Persistent Systems secured 7,568,145 shares, representing approximately 61.15% of Nagarro SE's ( Nagarro) outstanding share capital (i.e., excluding treasury shares) by way of a Voluntary Public Takeover Offer (the Offer) during the acceptance period completed as of 17 September 2026. The Company already secured a stake of approximately 22.10% shareholding in Nagarro (excluding treasury shares) under a share purchase agreement with Lantano Beteiligungen GmbH. As a result, the Company secured an aggregate shareholding of 83.25% (excluding treasury shares) as of 17 September 2026, thereby exceeding the minimum threshold requirement, i.e., 50% plus one share, under the Offer.

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