HEXAWARE TECHNOLOGIES LTD. - Grant of Restricted Stock Options (RSUs)

Hexaware Technologies Ltd has informed BSE that the Nomination & Remuneration Committee of the Board has considered and approved the grant of 281,220 Restricted Stock Units (RSUs) at a price of Rs. 2/- to the employees under the Employee Stock Option Plan 2015 based on performance parameters as decided by the Committee. Each such RSU confers a right to receive equal no. of equity shares of the Company. The RSUs granted would vest subject to maximum period of 4 years from the date of grant of such RSUs. Vested RSUs need to be exercised within a maximum period of 3 years from the date of vesting of such RSUs.