Persistent systems : information as to Nagarro Aquisition

AI-led, Platform-driven Digital Engineering & Enterprise Modernization has informed asbout its Aquisition of "Nagarro " a big push in investors meet. **Transaction details : Persistent has agreed to acquire 100% of Nagarro at an Enterprise Value** of EUR ~1.27B, based on EUR 81 per share in cash. A premium of ~140% to the undisturbed closing price on June 25, 2026, and ~94% to three-month volumeweighted average price. Transaction values Nagarro at 1.27X times EV / CY25A Revenue; 9.19X times EV / CY25A Adjusted EBITDA. Persistent has already secured ~21% stake** in Nagarro via a share purchase agreement. Management Board has expressed their intent to tender their shares into the open offer. Both Nagarro Boards* fully support the transaction and signed a Business Combination Agreement (BCA)Persistent extends voluntary public takeover offer for all outstanding shares** at EUR 81 per share in cash Minimum acceptance threshold for open offer: 50% + 1 share . Nagarro: EUR 1 billion Digital Engineering Business with a scaled European footprint : CY2025 Revenue : Euro : 999.3M CY2025 YoY Growth : 2.8% CY2025 Adjusted EBITDA(1) : 138.2M CY2025 Adj. EBITDA Margin(2): : 13.8%