EXLS

SEC source: 0001628280-24-039461 · wk-form4_1725499524.xml · nonDerivative · entry 1

Kini Narasimha · CIK 0001373631 · EVP, Emerging Bus Unit Leader

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 163,343

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units of ExlService Holdings, Inc. (the "Company") convert into common stock, par value $0.001 per share (the "Common Stock") on a one-for-one basis.

SEC source: 0001628280-24-039175 · wk-form4_1725398143.xml · nonDerivative · entry 2

Kapoor Rohit · CIK 0001373630 · Director · Chairman & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,390,240

F3 · price: This transaction was executed in multiple trades at prices ranging from $36.06 to $36.58 per share. The price reported above reflects the weighted average purchase price on the date indicated. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001628280-24-039175 · wk-form4_1725398143.xml · nonDerivative · entry 1

Kapoor Rohit · CIK 0001373630 · Director · Chairman & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,424,588

F1 · price: This transaction was executed in multiple trades at prices ranging from $35.99 to $36.36 per share. The price reported above reflects the weighted average purchase price on the date indicated. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001628280-24-038371 · wk-form4_1724448254.xml · nonDerivative · entry 1

Mahon Anita · CIK 0001805281 · EVP & Business Head Healthcare

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 68,857

SEC source: 0001628280-24-037772 · wk-form4_1724101622.xml · nonDerivative · entry 1

Jetley Vivek · CIK 0001798124 · President & Head of Analytics

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 326,642

SEC source: 0001628280-24-037574 · wk-form4_1723840271.xml · nonDerivative · entry 1

Kapoor Rohit · CIK 0001373630 · Director · Chairman & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,459,588

F1 · price: This transaction was executed in multiple trades at prices ranging from $34.09 to $34.83 per share. The price reported above reflects the weighted average purchase price on the date indicated. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001628280-24-037275 · wk-form4_1723669355.xml · nonDerivative · entry 1

Bhalla Vikas · CIK 0001373633 · President & Head of Insurance

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 100,866

F1 · price: This transaction was executed in multiple trades at prices ranging from $34.150 to $34.560 per share. The price reported above reflects the weighted average purchase price on the date indicated. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares.

SEC source: 0001628280-24-036813 · wk-form4_1723496739.xml · nonDerivative · entry 1

Kapoor Rohit · CIK 0001373630 · Director · Chairman & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,509,588

F1 · price: This transaction was executed in multiple trades at prices ranging from $33.85 to $34.20 per share. The price reported above reflects the weighted average purchase price on the date indicated. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001628280-24-036528 · wk-form4_1723237337.xml · nonDerivative · entry 2

AYYAPPAN AJAY · CIK 0001762098 · EVP & Gen Counsel/Corp. Sec'y.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 29,909

F2 · price: This transaction was executed in multiple trades at prices ranging from $34.23 to $34.25 per share. The price reported above reflects the weighted average purchase price on the date indicated. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares.

SEC source: 0001628280-24-036528 · wk-form4_1723237337.xml · nonDerivative · entry 1

AYYAPPAN AJAY · CIK 0001762098 · EVP & Gen Counsel/Corp. Sec'y.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 42,514

F1 · price: This transaction was executed in multiple trades at prices ranging from $34.50 to $34.72 per share. The price reported above reflects the weighted average purchase price on the date indicated. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares.

SEC source: 0001628280-24-034216 · wk-form4_1722546410.xml · nonDerivative · entry 2

Kini Narasimha · CIK 0001373631 · EVP, Emerging Bus Unit Leader

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 136,268

SEC source: 0001628280-24-034216 · wk-form4_1722546410.xml · nonDerivative · entry 1

Kini Narasimha · CIK 0001373631 · EVP, Emerging Bus Unit Leader

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 154,723

SEC source: 0001628280-24-032339 · wk-form4_1721423599.xml · nonDerivative · entry 1

Kini Narasimha · CIK 0001373631 · EVP, Emerging Bus Unit Leader

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 164,723

SEC source: 0001628280-24-032006 · wk-form4_1721173792.xml · nonDerivative · entry 3

Jetley Vivek · CIK 0001798124 · President & Head of Analytics

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 328,657

SEC source: 0001628280-24-032006 · wk-form4_1721173792.xml · nonDerivative · entry 2

Jetley Vivek · CIK 0001798124 · President & Head of Analytics

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 330,657

SEC source: 0001628280-24-032006 · wk-form4_1721173792.xml · nonDerivative · entry 1

Jetley Vivek · CIK 0001798124 · President & Head of Analytics

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 332,657

F1 · balance_after: Includes 810 shares of common stock acquired under the ExlService Holdings, Inc. 2022 Employee Stock Purchase Plan on July 1, 2024.

SEC source: 0001628280-24-032004 · wk-form4_1721173740.xml · nonDerivative · entry 1

Kini Narasimha · CIK 0001373631 · EVP, Emerging Bus Unit Leader

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 179,038

F1 · balance_after: Includes 810 shares of common stock acquired under the ExlService Holdings, Inc. 2022 Employee Stock Purchase Plan on July 1, 2024.

SEC source: 0001628280-24-032007 · wk-form4_1721173803.xml · nonDerivative · entry 1

Nicolelli Maurizio · CIK 0001472650 · Executive Vice President & CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 139,795

F1 · kind: The reporting person is voluntarily reporting the exempt acquisition of shares of ExlService Holdings, Inc.'s common stock pursuant to the ExlService Holdings, Inc. 2022 Employee Stock Purchase Plan.

SEC source: 0001628280-24-032005 · wk-form4_1721173781.xml · nonDerivative · entry 1

AYYAPPAN AJAY · CIK 0001762098 · EVP & Gen Counsel/Corp. Sec'y.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 50,909

F1 · kind: The reporting person is voluntarily reporting the exempt acquisition of shares of ExlService Holdings, Inc.'s common stock pursuant to the ExlService Holdings, Inc. 2022 Employee Stock Purchase Plan.

SEC source: 0000950103-24-008709 · dp213232_4-pandit.xml · derivative · entry 1

PANDIT VIKRAM S · CIK 0001183417 · Director

Orogen Echo LLC · CIK 0001754751 · Director

Orogen Group LLC · CIK 0001705509 · Director

Orogen Holdings LLC · CIK 0001705500 · Director

Atairos-Orogen Holdings, LLC · CIK 0001705610 · Director

Atairos Group, Inc. · CIK 0001671122 · Director

Atairos Partners, L.P. · CIK 0001671185 · Director

Atairos Partners GP, Inc. · CIK 0001671176 · Director

Angelakis Michael J · CIK 0001393014 · Director

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · SEE FOOTNOTES

Disclosed balance after: 65,939

Underlying: Common Stock, par value $0.001 per share · 10,344 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock upon settlement.

F2 · derivative.exercise_date: The restricted stock units vest upon the earlier of (i) the first anniversary of the date of grant, (ii) the date on which the reporting person's term as a member of the Board of Directors of the issuer (the "Board") expires if the reporting person is not subsequently elected to a new term on the Board, and (iii) the occurrence of a "Change in Control", as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan (the "Plan"), and such awards settle upon the earlier of (i) the reporting person's death, (ii) the occurrence of a "Change of Control", as defined in the Plan and (iii) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.

F2 · derivative.expiration_date: The restricted stock units vest upon the earlier of (i) the first anniversary of the date of grant, (ii) the date on which the reporting person's term as a member of the Board of Directors of the issuer (the "Board") expires if the reporting person is not subsequently elected to a new term on the Board, and (iii) the occurrence of a "Change in Control", as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan (the "Plan"), and such awards settle upon the earlier of (i) the reporting person's death, (ii) the occurrence of a "Change of Control", as defined in the Plan and (iii) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.

F3 · balance_after: The reported number of securities has been adjusted to reflect the impact of the 5-for-1 forward stock split effective August 1, 2023.

F4 · ownership.nature: Mr. Pandit serves on the Board and is the Chairman and Chief Executive Officer of Orogen Echo LLC ("OE"). Orogen Holdings LLC and Atairos-Orogen Holdings, LLC are the sole members with joint investment control of The Orogen Group LLC, which is the sole member of OE. Mr. Pandit has majority voting control of Orogen Holdings LLC. Atairos Group, Inc. ("Atairos") is the sole voting shareholder of Atairos-Orogen Holdings, LLC. Michael Angelakis is the Chairman and Chief Executive Officer of Atairos and controls a majority of the voting power of Atairos Partners GP, Inc., which is the general partner of Atairos Partners L.P., the sole voting shareholder of Atairos.

F5 · ownership.nature: Each of the reporting persons, other than Mr. Pandit, is acting as a director by deputization of the issuer with respect to Mr. Pandit's membership on the Board. Each of the reporting persons may be deemed to have direct or indirect beneficial ownership of the reported securities, as applicable, but disclaims such beneficial ownership except to the extent of its pecuniary interest therein.

SEC source: 0001628280-24-029622 · wk-form4_1719262953.xml · derivative · entry 1

Pipes Kristy · CIK 0001783568 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 30,510

Underlying: Common Stock, par value $0.001 per share · 7,060 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.

F2 · derivative.exercise_date: The restricted stock units vest upon the earlier of (i) the first anniversary of the date of grant, (ii) the date on which the reporting person's term as a member of the Board of Directors of ExlService Holdings, Inc. (the "Board") expires if the reporting person is not subsequently elected to a new term on the Board, and (iii) the occurrence of a "Change in Control", as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan (the "Plan"), and such awards settle upon the earlier of (i) the reporting person's death, (ii) the occurrence of a "Change of Control", as defined in the Plan and (iii) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.

F2 · derivative.expiration_date: The restricted stock units vest upon the earlier of (i) the first anniversary of the date of grant, (ii) the date on which the reporting person's term as a member of the Board of Directors of ExlService Holdings, Inc. (the "Board") expires if the reporting person is not subsequently elected to a new term on the Board, and (iii) the occurrence of a "Change in Control", as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan (the "Plan"), and such awards settle upon the earlier of (i) the reporting person's death, (ii) the occurrence of a "Change of Control", as defined in the Plan and (iii) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.

F3 · balance_after: The reported number of shares has been adjusted to reflect the impact of the 5-for-1 forward stock split effective August 1, 2023.

SEC source: 0001628280-24-029621 · wk-form4_1719262943.xml · derivative · entry 1

STUDENMUND JAYNIE M · CIK 0001222385 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 54,260

Underlying: Common Stock, par value $0.001 per share · 7,060 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.

F2 · derivative.exercise_date: The restricted stock units vest upon the earlier of (i) the first anniversary of the date of grant, (ii) the date on which the reporting person's term as a member of the Board of Directors of ExlService Holdings, Inc. (the "Board") expires if the reporting person is not subsequently elected to a new term on the Board, and (iii) the occurrence of a "Change in Control", as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan (the "Plan"), and such awards settle upon the earlier of (i) the reporting person's death, (ii) the occurrence of a "Change of Control", as defined in the Plan and (iii) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.

F2 · derivative.expiration_date: The restricted stock units vest upon the earlier of (i) the first anniversary of the date of grant, (ii) the date on which the reporting person's term as a member of the Board of Directors of ExlService Holdings, Inc. (the "Board") expires if the reporting person is not subsequently elected to a new term on the Board, and (iii) the occurrence of a "Change in Control", as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan (the "Plan"), and such awards settle upon the earlier of (i) the reporting person's death, (ii) the occurrence of a "Change of Control", as defined in the Plan and (iii) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.

F3 · balance_after: The reported number of shares has been adjusted to reflect the impact of the 5-for-1 forward stock split effective August 1, 2023.

SEC source: 0001628280-24-029620 · wk-form4_1719262932.xml · derivative · entry 3

Williamson Sarah K · CIK 0001738671 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,902

Underlying: Common Stock, par value $0.001 per share · 1,396 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.

F5 · derivative.exercise_date: The restricted stock units will vest upon the earlier of (i) December 31, 2024 or (ii) the occurrence of a "Change in Control", as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan (the "Plan"). Such awards settle upon the earlier of (i) the reporting person's death, (ii) the occurrence of a "Change of Control", as defined in the Plan and (iii) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.

F5 · derivative.expiration_date: The restricted stock units will vest upon the earlier of (i) December 31, 2024 or (ii) the occurrence of a "Change in Control", as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan (the "Plan"). Such awards settle upon the earlier of (i) the reporting person's death, (ii) the occurrence of a "Change of Control", as defined in the Plan and (iii) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.

SEC source: 0001628280-24-029620 · wk-form4_1719262932.xml · derivative · entry 2

Williamson Sarah K · CIK 0001738671 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,506

Underlying: Common Stock, par value $0.001 per share · 1,396 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.

F4 · derivative.exercise_date: The restricted stock units are vested on the date of grant. Such awards settle upon the earlier of (i) the reporting person's death, (ii) the occurrence of a "Change of Control", as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan and (iii) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.

F4 · derivative.expiration_date: The restricted stock units are vested on the date of grant. Such awards settle upon the earlier of (i) the reporting person's death, (ii) the occurrence of a "Change of Control", as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan and (iii) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.

SEC source: 0001628280-24-029620 · wk-form4_1719262932.xml · derivative · entry 1

Williamson Sarah K · CIK 0001738671 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,110

Underlying: Common Stock, par value $0.001 per share · 7,060 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.

F2 · derivative.exercise_date: The restricted stock units vest upon the earlier of (i) the first anniversary of the date of grant, (ii) the date on which the reporting person's term as a member of the Board of Directors of ExlService Holdings, Inc. (the "Board") expires if the reporting person is not subsequently elected to a new term on the Board, and (iii) the occurrence of a "Change in Control", as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan (the "Plan"), and such awards settle upon the earlier of (i) the reporting person's death, (ii) the occurrence of a "Change of Control", as defined in the Plan and (iii) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.

F2 · derivative.expiration_date: The restricted stock units vest upon the earlier of (i) the first anniversary of the date of grant, (ii) the date on which the reporting person's term as a member of the Board of Directors of ExlService Holdings, Inc. (the "Board") expires if the reporting person is not subsequently elected to a new term on the Board, and (iii) the occurrence of a "Change in Control", as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan (the "Plan"), and such awards settle upon the earlier of (i) the reporting person's death, (ii) the occurrence of a "Change of Control", as defined in the Plan and (iii) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.

F3 · balance_after: The reported number of shares has been adjusted to reflect the impact of the 5-for-1 forward stock split effective August 1, 2023.

SEC source: 0001628280-24-029619 · wk-form4_1719262921.xml · derivative · entry 1

Sahney Nitin · CIK 0001505567 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 81,575

Underlying: Common Stock, par value $0.001 per share · 7,060 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.

F2 · derivative.exercise_date: The restricted stock units vest upon the earlier of (i) the first anniversary of the date of grant, (ii) the date on which the reporting person's term as a member of the Board of Directors of ExlService Holdings, Inc. (the "Board") expires if the reporting person is not subsequently elected to a new term on the Board, and (iii) the occurrence of a "Change in Control", as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan (the "Plan"), and such awards settle upon the earlier of (i) the reporting person's death, (ii) the occurrence of a "Change of Control", as defined in the Plan and (iii) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.

F2 · derivative.expiration_date: The restricted stock units vest upon the earlier of (i) the first anniversary of the date of grant, (ii) the date on which the reporting person's term as a member of the Board of Directors of ExlService Holdings, Inc. (the "Board") expires if the reporting person is not subsequently elected to a new term on the Board, and (iii) the occurrence of a "Change in Control", as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan (the "Plan"), and such awards settle upon the earlier of (i) the reporting person's death, (ii) the occurrence of a "Change of Control", as defined in the Plan and (iii) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.

F3 · balance_after: The reported number of shares has been adjusted to reflect the impact of the 5-for-1 forward stock split effective August 1, 2023.

SEC source: 0001628280-24-029618 · wk-form4_1719262909.xml · derivative · entry 1

Fibig Andreas · CIK 0001514412 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,575

Underlying: Common Stock, par value $0.001 per share · 7,060 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.

F2 · derivative.exercise_date: The restricted stock units vest upon the earlier of (i) the first anniversary of the date of grant, (ii) the date on which the reporting person's term as a member of the Board of Directors of ExlService Holdings, Inc. (the "Board") expires if the reporting person is not subsequently elected to a new term on the Board, and (iii) the occurrence of a "Change in Control", as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan (the "Plan"), and such awards settle upon the earlier of (i) the reporting person's death, (ii) the occurrence of a "Change of Control", as defined in the Plan and (iii) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.

F2 · derivative.expiration_date: The restricted stock units vest upon the earlier of (i) the first anniversary of the date of grant, (ii) the date on which the reporting person's term as a member of the Board of Directors of ExlService Holdings, Inc. (the "Board") expires if the reporting person is not subsequently elected to a new term on the Board, and (iii) the occurrence of a "Change in Control", as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan (the "Plan"), and such awards settle upon the earlier of (i) the reporting person's death, (ii) the occurrence of a "Change of Control", as defined in the Plan and (iii) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.

F3 · balance_after: The reported number of securities has been adjusted to reflect the impact of the 5-for-1 forward stock split effective August 1, 2023.

SEC source: 0001628280-24-029617 · wk-form4_1719262872.xml · derivative · entry 1

Bartlett Thomas A · CIK 0001315047 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,033

Underlying: Common Stock, par value $0.001 per share · 7,060 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.

F2 · derivative.exercise_date: The restricted stock units vest upon the earlier of (i) the first anniversary of the date of grant, (ii) the date on which the reporting person's term as a member of the Board of Directors of ExlService Holdings, Inc. (the "Board") expires if the reporting person is not subsequently elected to a new term on the Board, and (iii) the occurrence of a "Change in Control", as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan (the "Plan"), and such awards settle upon the earlier of (i) the reporting person's death, (ii) the occurrence of a "Change of Control", as defined in the Plan and (iii) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.

F2 · derivative.expiration_date: The restricted stock units vest upon the earlier of (i) the first anniversary of the date of grant, (ii) the date on which the reporting person's term as a member of the Board of Directors of ExlService Holdings, Inc. (the "Board") expires if the reporting person is not subsequently elected to a new term on the Board, and (iii) the occurrence of a "Change in Control", as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan (the "Plan"), and such awards settle upon the earlier of (i) the reporting person's death, (ii) the occurrence of a "Change of Control", as defined in the Plan and (iii) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.

SEC source: 0001628280-24-025849 · wk-form4_1717102901.xml · nonDerivative · entry 1

Jetley Vivek · CIK 0001798124 · President & Head of Analytics

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 333,847

SEC source: 0001628280-24-025657 · wk-form4_1717026958.xml · nonDerivative · entry 1

Bhalla Vikas · CIK 0001373633 · President & Head of Insurance

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 112,056

F1 · price: This transaction was executed in multiple trades at prices ranging from $30.57 - $31.20 per share. The price reported above reflects the weighted average purchase price on the date indicated. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares.

SEC source: 0001628280-24-024802 · wk-form4_1716425001.xml · nonDerivative · entry 1

Kapoor Rohit · CIK 0001373630 · Director · Chairman & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,549,588

F1 · price: This transaction was executed in multiple trades at prices ranging from $30.96 to $31.18 per share. The price reported above reflects the weighted average purchase price on the date indicated. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001628280-24-023295 · wk-form4_1715721294.xml · nonDerivative · entry 2

Kapoor Rohit · CIK 0001373630 · Director · Chairman & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,586,435

F3 · price: This transaction was executed in multiple trades at prices ranging from $30.36 to $30.63 per share. The price reported above reflects the weighted average purchase price on the date indicated. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001628280-24-023295 · wk-form4_1715721294.xml · nonDerivative · entry 1

Kapoor Rohit · CIK 0001373630 · Director · Chairman & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,616,435

F1 · price: This transaction was executed in multiple trades at prices ranging from $30.49 to $30.71 per share. The price reported above reflects the weighted average purchase price on the date indicated. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001628280-24-022685 · wk-form4_1715374909.xml · nonDerivative · entry 1

Kapoor Rohit · CIK 0001373630 · Director · Chairman & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,631,435

F1 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001628280-24-022686 · wk-form4_1715374943.xml · nonDerivative · entry 1

Nicolelli Maurizio · CIK 0001472650 · Executive Vice President & CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 138,985

F1 · price: This transaction was executed in multiple trades at prices ranging from $30.41 to $ 30.98 per share. The price reported above reflects the weighted average purchase price on the date indicated. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares.

SEC source: 0001628280-24-011261 · wk-form4_1710450270.xml · nonDerivative · entry 1

AYYAPPAN AJAY · CIK 0001762098 · EVP & Gen Counsel/Corp. Sec'y.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 50,693

F1 · price: This transaction was executed in multiple trades at prices ranging from $31.53 to $31.63 per share. The price reported above reflects the weighted average purchase price on the date indicated. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares.

SEC source: 0001628280-24-010039 · wk-form4_1709935745.xml · nonDerivative · entry 1

Bhalla Vikas · CIK 0001373633 · EVP & Head of Outsourcing

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 127,046

F1 · price: This transaction was executed in multiple trades at prices ranging from $31.12 to $ 31.68 per share. The price reported above reflects the weighted average purchase price on the date indicated. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares.

SEC source: 0001062993-24-006033 · form4.xml · derivative · entry 1

Bartlett Thomas A · CIK 0001315047 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,973

Underlying: Common Stock, par value $0.001 per share · 1,973 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.

F2 · derivative.exercise_date: The restricted stock units vest upon the earlier of (i) the first anniversary of the date of grant, (ii) the date on which the reporting person's term as a member of the Board of Directors of ExlService Holdings, Inc. (the "Board") expires if the reporting person is not subsequently elected to a new term on the Board, and (iii) the occurrence of a "Change in Control", as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan (the "Plan"), and such awards settle upon the earlier of (i) the reporting person's death, (ii) the occurrence of a "Change of Control", as defined in the Plan and (iii) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.

F2 · derivative.expiration_date: The restricted stock units vest upon the earlier of (i) the first anniversary of the date of grant, (ii) the date on which the reporting person's term as a member of the Board of Directors of ExlService Holdings, Inc. (the "Board") expires if the reporting person is not subsequently elected to a new term on the Board, and (iii) the occurrence of a "Change in Control", as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan (the "Plan"), and such awards settle upon the earlier of (i) the reporting person's death, (ii) the occurrence of a "Change of Control", as defined in the Plan and (iii) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.

SEC source: 0001628280-24-009105 · wk-form4_1709681347.xml · derivative · entry 6

Mahon Anita · CIK 0001805281 · EVP & Chief Growth Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock, par value $0.001 per share · 5,460 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units of ExlService Holdings, Inc. (the "Company") convert into common stock, par value $0.001 per share (the "Common Stock") on a one-for-one basis.

F4 · derivative.exercise_date: On March 2, 2020, the reporting person was granted 4,365 (pre-split) restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. 25 percent of the restricted stock units became vested on March 2, 2021, an additional 25 percent of the restricted stock units became vested on March 2, 2022, an additional 25 percent of the restricted stock units became vested on March 2, 2023, and the remaining balance of 25 percent of the restricted stock units became vested on March 2, 2024

F4 · derivative.expiration_date: On March 2, 2020, the reporting person was granted 4,365 (pre-split) restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. 25 percent of the restricted stock units became vested on March 2, 2021, an additional 25 percent of the restricted stock units became vested on March 2, 2022, an additional 25 percent of the restricted stock units became vested on March 2, 2023, and the remaining balance of 25 percent of the restricted stock units became vested on March 2, 2024

SEC source: 0001628280-24-009105 · wk-form4_1709681347.xml · derivative · entry 5

Mahon Anita · CIK 0001805281 · EVP & Chief Growth Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,460

Underlying: Common Stock, par value $0.001 per share · 2,490 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units of ExlService Holdings, Inc. (the "Company") convert into common stock, par value $0.001 per share (the "Common Stock") on a one-for-one basis.

F3 · derivative.exercise_date: On March 2, 2020, the reporting person was granted 1,992 (pre-split) restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. 25 percent of the restricted stock units became vested on March 2, 2021, an additional 25 percent of the restricted stock units became vested on March 2, 2022, an additional 25 percent of the restricted stock units became vested on March 2, 2023, and the remaining balance of 25 percent of the restricted stock units became vested on March 2, 2024

F3 · derivative.expiration_date: On March 2, 2020, the reporting person was granted 1,992 (pre-split) restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. 25 percent of the restricted stock units became vested on March 2, 2021, an additional 25 percent of the restricted stock units became vested on March 2, 2022, an additional 25 percent of the restricted stock units became vested on March 2, 2023, and the remaining balance of 25 percent of the restricted stock units became vested on March 2, 2024

SEC source: 0001628280-24-009105 · wk-form4_1709681347.xml · nonDerivative · entry 4

Mahon Anita · CIK 0001805281 · EVP & Chief Growth Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 94,527

F2 · price: Pursuant to the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan, pursuant to which such restricted stock units were granted, the closing price of the Common Stock on the Nasdaq Global Select Market on the preceding day is used for purposes of computing tax reporting and withholding.

SEC source: 0001628280-24-009105 · wk-form4_1709681347.xml · nonDerivative · entry 3

Mahon Anita · CIK 0001805281 · EVP & Chief Growth Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 97,320

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units of ExlService Holdings, Inc. (the "Company") convert into common stock, par value $0.001 per share (the "Common Stock") on a one-for-one basis.

SEC source: 0001628280-24-009105 · wk-form4_1709681347.xml · nonDerivative · entry 2

Mahon Anita · CIK 0001805281 · EVP & Chief Growth Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 91,860

F2 · price: Pursuant to the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan, pursuant to which such restricted stock units were granted, the closing price of the Common Stock on the Nasdaq Global Select Market on the preceding day is used for purposes of computing tax reporting and withholding.

SEC source: 0001628280-24-009105 · wk-form4_1709681347.xml · nonDerivative · entry 1

Mahon Anita · CIK 0001805281 · EVP & Chief Growth Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 93,134

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units of ExlService Holdings, Inc. (the "Company") convert into common stock, par value $0.001 per share (the "Common Stock") on a one-for-one basis.

SEC source: 0001628280-24-008050 · wk-form4_1709244283.xml · derivative · entry 1

Kapoor Rohit · CIK 0001373630 · Director · CEO & Vice Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 134,100

Underlying: Common Stock, par value $0.001 per share · 134,100 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.

F2 · derivative.exercise_date: The restricted stock units will vest in four equal annual installments, beginning on February 28, 2025. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan)

F2 · derivative.expiration_date: The restricted stock units will vest in four equal annual installments, beginning on February 28, 2025. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan)

SEC source: 0001628280-24-008049 · wk-form4_1709244260.xml · derivative · entry 1

Mahon Anita · CIK 0001805281 · EVP & Chief Growth Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,348

Underlying: Common Stock, par value $0.001 per share · 22,348 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.

F2 · derivative.exercise_date: The restricted stock units will vest in four equal annual installments, beginning on February 27, 2025. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan)

F2 · derivative.expiration_date: The restricted stock units will vest in four equal annual installments, beginning on February 27, 2025. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan)

SEC source: 0001628280-24-008051 · wk-form4_1709244304.xml · derivative · entry 1

Harrison Pamela M · CIK 0001726929 · CHIEF HUMAN RESOURCES OFFICER

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 16,604

Underlying: Common Stock, par value $0.001 per share · 16,604 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.

F2 · derivative.exercise_date: The restricted stock units will vest in four equal annual installments, beginning on February 27, 2025. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan)

F2 · derivative.expiration_date: The restricted stock units will vest in four equal annual installments, beginning on February 27, 2025. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan)

SEC source: 0001628280-24-008063 · wk-form4_1709245008.xml · derivative · entry 1

Chhibbar Vishal · CIK 0001465521 · EVP & CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,348

Underlying: Common Stock, par value $0.001 per share · 22,348 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.

F2 · derivative.exercise_date: The restricted stock units will vest in four equal annual installments, beginning on February 27, 2025. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan)

F2 · derivative.expiration_date: The restricted stock units will vest in four equal annual installments, beginning on February 27, 2025. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan)

SEC source: 0001628280-24-008065 · wk-form4_1709245042.xml · derivative · entry 1

AYYAPPAN AJAY · CIK 0001762098 · EVP & Gen Counsel/Corp. Sec'y.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,964

Underlying: Common Stock, par value $0.001 per share · 15,964 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.

F2 · derivative.exercise_date: The restricted stock units will vest in four equal annual installments, beginning on February 27, 2025. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan)

F2 · derivative.expiration_date: The restricted stock units will vest in four equal annual installments, beginning on February 27, 2025. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan)

SEC source: 0001628280-24-008064 · wk-form4_1709245025.xml · derivative · entry 1

Kini Narasimha · CIK 0001373631 · EVP, Emerging Bus Unit Leader

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,348

Underlying: Common Stock, par value $0.001 per share · 22,348 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.

F2 · derivative.exercise_date: The restricted stock units will vest in four equal annual installments, beginning on February 27, 2025. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan)

F2 · derivative.expiration_date: The restricted stock units will vest in four equal annual installments, beginning on February 27, 2025. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan)