Kapoor Rohit

SEC source: 0001144204-17-031050 · v468399_4.xml · nonDerivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 200,546

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.

F2 · kind: On June 1, 2017 the reporting person exercised previously issued options to purchase an aggregate of 27,860 shares of common stock of ExlService Holdings, Inc.

F1 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-031050 · v468399_4.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 172,686

F1 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-031050 · v468399_4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 173,336

F1 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-025667 · v466412_4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 174,136

F1 · kind: This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person.

F2 · price: This transaction was executed in multiple trades at prices ranging from $49.50 to $49.75 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 and prices at which the transactions were effected.

F3 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-025280 · v466380_4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 196,900

F1 · kind: This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person.

F2 · price: This transaction was executed in multiple trades at prices ranging from $49.50 to $49.75 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 and prices at which the transactions were effected.

F3 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-023700 · v465696_form4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 224,136

F1 · kind: This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person.

F2 · price: This transaction was executed in multiple trades at prices ranging from $47.90 to $48.61 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 and prices at which the transactions were effected.

F3 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-023286 · v465569_form4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 253,656

F1 · kind: This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person.

F2 · price: This transaction was executed in multiple trades at prices ranging from $47.90 to $48.48 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 and prices at which the transactions were effected.

F3 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-022702 · v465265_form4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 268,491

F1 · kind: This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person.

F2 · price: This transaction was executed in multiple trades at prices ranging from $47.90 to $47.91 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 and prices at which the transactions were effected.

F3 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-022315 · v465192_form4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 274,136

F1 · kind: This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person.

F2 · price: This transaction was executed in multiple trades at prices ranging from $46.90 to $47.13 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 and prices at which the transactions were effected.

F3 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-022021 · v465042_4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 322,136

F1 · kind: This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-021556 · v464720_form4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 324,136

F1 · kind: This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person.

F2 · price: This transaction was executed in multiple trades at prices ranging from $45.90 to $46.48 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 and prices at which the transactions were effected.

F3 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-021307 · v464576_form4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 335,012

F1 · kind: This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-021074 · v464518_form4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 348,412

F1 · kind: This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person.

F2 · price: This transaction was executed in multiple trades at prices ranging from $45.90 to $46.19 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 and prices at which the transactions were effected.

F3 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-020740 · v464380_form4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 364,379

F1 · kind: This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person.

F2 · price: This transaction was executed in multiple trades at prices ranging from $45.90 to $46.35 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 and prices at which the transactions were effected.

F3 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0000356028-17-000033 · wf-form4_149133782123689.xml · derivative · entry 1

Kapoor Rohit · CIK 0001373630 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 54,551.661

Underlying: Common Stock, $0.10 par value · 2,561.475 shares

Expires not disclosed

F1 · security: Issued under the 2012 Compensation Plan for Non-Employee Directors and to be settled by issuance of shares of Common Stock either in a lump sum or in installments following termination of service as a director.

F2 · derivative.exercise_price: Deferred Stock Units are convertible into Common Stock on a one-for-one basis.

F1 · derivative.exercise_date: Issued under the 2012 Compensation Plan for Non-Employee Directors and to be settled by issuance of shares of Common Stock either in a lump sum or in installments following termination of service as a director.

F1 · derivative.expiration_date: Issued under the 2012 Compensation Plan for Non-Employee Directors and to be settled by issuance of shares of Common Stock either in a lump sum or in installments following termination of service as a director.

F3 · balance_after: Includes Deferred Stock Units having similar terms issued under the Company's prior compensation plans for non-employee directors.

SEC source: 0001144204-17-011881 · v460771_form4.xml · derivative · entry 9

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,750

Underlying: Common Stock, par value $0.001 per share · 9,375 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. convert into common stock, par value $0.001 per share on a one-for-one basis.

F9 · derivative.exercise_date: On February 26, 2015, the reporting person was granted 37,500 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. Twenty-five percent of the restricted stock units became vested on February 26, 2016, an additional twenty-five percent of the restricted stock units became vested on February 26, 2017, an additional twenty-five percent of the restricted stock units will vest on February 26, 2018, and the remaining balance of twenty-five percent of the restricted stock units will vest on February 26, 2019.

F9 · derivative.expiration_date: On February 26, 2015, the reporting person was granted 37,500 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. Twenty-five percent of the restricted stock units became vested on February 26, 2016, an additional twenty-five percent of the restricted stock units became vested on February 26, 2017, an additional twenty-five percent of the restricted stock units will vest on February 26, 2018, and the remaining balance of twenty-five percent of the restricted stock units will vest on February 26, 2019.

SEC source: 0001144204-17-011881 · v460771_form4.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 374,136

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. convert into common stock, par value $0.001 per share on a one-for-one basis.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-011881 · v460771_form4.xml · derivative · entry 8

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,125

Underlying: Common Stock, par value $0.001 per share · 9,375 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. convert into common stock, par value $0.001 per share on a one-for-one basis.

F8 · derivative.exercise_date: On February 24, 2016, the reporting person was granted 37,500 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. Twenty-five percent of the restricted stock units became vested on February 24, 2017, an additional twenty-five percent of the restricted stock units will vest on February 24, 2018, an additional twenty-five percent of the restricted stock units will vest on February 24, 2019, and the remaining balance of twenty-five percent of the restricted stock units will vest on February 24, 2020.

F8 · derivative.expiration_date: On February 24, 2016, the reporting person was granted 37,500 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. Twenty-five percent of the restricted stock units became vested on February 24, 2017, an additional twenty-five percent of the restricted stock units will vest on February 24, 2018, an additional twenty-five percent of the restricted stock units will vest on February 24, 2019, and the remaining balance of twenty-five percent of the restricted stock units will vest on February 24, 2020.

SEC source: 0001144204-17-011881 · v460771_form4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 364,761

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. convert into common stock, par value $0.001 per share on a one-for-one basis.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-011461 · v460529_4.xml · derivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,889

Underlying: Common Stock, par value $0.001 per share · 31,889 shares

Expires 2027-02-23

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 23, 2018. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the ExlService Holdings, Inc. 2015 Amendment and Restatement of the 2006 Omnibus Award Plan).

SEC source: 0001144204-17-009399 · v459663_4.xml · derivative · entry 9

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock, par value $0.001 per share · 1,205 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. convert into common stock, par value $0.001 per share on a one-for-one basis.

F9 · derivative.exercise_date: On February 13, 2013, the reporting person was granted 3,612 restricted stock units, vesting in three annual installments beginning on the first anniversary of the grant date. 1,203 restricted stock units became vested on February 13, 2015, an additional 1,204 restricted stock units became vested on February 13, 2016, and the remaining balance of 1,205 restricted stock units became vested on February 13, 2017.

F9 · derivative.expiration_date: On February 13, 2013, the reporting person was granted 3,612 restricted stock units, vesting in three annual installments beginning on the first anniversary of the grant date. 1,203 restricted stock units became vested on February 13, 2015, an additional 1,204 restricted stock units became vested on February 13, 2016, and the remaining balance of 1,205 restricted stock units became vested on February 13, 2017.

SEC source: 0001144204-17-009399 · v459663_4.xml · derivative · entry 8

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,375

Underlying: Common Stock, par value $0.001 per share · 9,375 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. convert into common stock, par value $0.001 per share on a one-for-one basis.

F8 · derivative.exercise_date: On February 13, 2014, the reporting person was granted 37,500 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. 9,375 restricted stock units became vested on February 13, 2015, an additional 9,375 restricted stock units became vested on February 13, 2016, an additional 9,375 restricted stock units became vested on February 13, 2017, and the remaining balance of 9,375 restricted stock units will vest on February 13, 2018.

F8 · derivative.expiration_date: On February 13, 2014, the reporting person was granted 37,500 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. 9,375 restricted stock units became vested on February 13, 2015, an additional 9,375 restricted stock units became vested on February 13, 2016, an additional 9,375 restricted stock units became vested on February 13, 2017, and the remaining balance of 9,375 restricted stock units will vest on February 13, 2018.

SEC source: 0001144204-17-009399 · v459663_4.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 355,386

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. convert into common stock, par value $0.001 per share on a one-for-one basis.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-009399 · v459663_4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 354,181

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. convert into common stock, par value $0.001 per share on a one-for-one basis.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-007460 · v459057_4.xml · derivative · entry 7

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock, par value $0.001 per share · 18,750 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. convert into common stock, par value $0.001 per share on a one-for-one basis.

F8 · derivative.exercise_date: On February 8, 2013, the reporting person was granted 75,000 restricted stock units, vesting in four equal annual installment beginning on the first anniversary of the grant date. 18,750 restricted stock units became vested on February 8, 2014, an additional 18,750 restricted stock units became vested on February 8, 2015, an additional 18,750 restricted stock units became vested on February 8, 2016, and the remaining balance of 18,750 restricted stock units became vested on February 8, 2017.

F8 · derivative.expiration_date: On February 8, 2013, the reporting person was granted 75,000 restricted stock units, vesting in four equal annual installment beginning on the first anniversary of the grant date. 18,750 restricted stock units became vested on February 8, 2014, an additional 18,750 restricted stock units became vested on February 8, 2015, an additional 18,750 restricted stock units became vested on February 8, 2016, and the remaining balance of 18,750 restricted stock units became vested on February 8, 2017.

SEC source: 0001144204-17-007460 · v459057_4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 344,806

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. convert into common stock, par value $0.001 per share on a one-for-one basis.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-005457 · v458172_4.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 326,056

F3 · price: The reporting person's shares of Common Stock reported in this report were deemed earned on January 30, 2017 based on the Compensation Committee of the Board of Directors administering the award certifying the achievement of performance targets applicable to the PRSUs for the performance period ending on December 31, 2016. Pursuant to the agreement governing the grant of the PRSUs and pursuant to the Company's 2006 Omnibus Award Plan, pursuant to which such PRSUs were granted, the closing price of the Common Stock on the Nasdaq Global Select Market on the preceding day, January 27, 2017 in this case, is used for purposes of computing tax reporting and withholding.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-005457 · v458172_4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 352,064

F1 · price: The reporting person's shares of common stock, par value $0.001 per share (the "Common Stock") reported in this report were earned pursuant to the performance restricted stock units ("PRSUs") of ExlService Holdings, Inc. (the "Company") granted on February 13, 2014 and voluntarily reported in a Form 4 filed on February 18, 2014.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0000356028-17-000003 · wf-form4_148356575476800.xml · derivative · entry 1

Kapoor Rohit · CIK 0001373630 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,990.186

Underlying: Common Stock, $0.10 par value · 1,770.538 shares

Expires not disclosed

F1 · security: Issued under the 2012 Compensation Plan for Non-Employee Directors and to be settled by issuance of shares of Common Stock either in a lump sum or in installments following termination of service as a director.

F2 · derivative.exercise_price: Deferred Stock Units are convertible into Common Stock on a one-for-one basis.

F1 · derivative.exercise_date: Issued under the 2012 Compensation Plan for Non-Employee Directors and to be settled by issuance of shares of Common Stock either in a lump sum or in installments following termination of service as a director.

F1 · derivative.expiration_date: Issued under the 2012 Compensation Plan for Non-Employee Directors and to be settled by issuance of shares of Common Stock either in a lump sum or in installments following termination of service as a director.

F3 · balance_after: Includes Deferred Stock Units having similar terms issued under the Company's prior compensation plans for non-employee directors.

SEC source: 0000356028-16-000359 · wf-form4_147561202832629.xml · derivative · entry 1

Kapoor Rohit · CIK 0001373630 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,219.648

Underlying: Common Stock, $0.10 par value · 1,700.423 shares

Expires not disclosed

F1 · security: Issued under the 2012 Compensation Plan for Non-Employee Directors and to be settled by issuance of shares of Common Stock either in a lump sum or in installments following termination of service as a director.

F2 · derivative.exercise_price: Deferred Stock Units are convertible into Common Stock on a one-for-one basis.

F1 · derivative.exercise_date: Issued under the 2012 Compensation Plan for Non-Employee Directors and to be settled by issuance of shares of Common Stock either in a lump sum or in installments following termination of service as a director.

F1 · derivative.expiration_date: Issued under the 2012 Compensation Plan for Non-Employee Directors and to be settled by issuance of shares of Common Stock either in a lump sum or in installments following termination of service as a director.

F3 · balance_after: Includes Deferred Stock Units having similar terms issued under the Company's prior compensation plans for non-employee directors.

SEC source: 0001144204-16-125347 · v449408_4.xml · derivative · entry 8

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,000

Underlying: Common Stock, par value $0.001 per share · 1,061 shares

Expires 2018-01-23

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 · kind: On September 22, 2016 the reporting person exercised previously issued options to purchase an aggregate of 1,061 shares of common stock of ExlService Holdings, Inc.

F10 · derivative.exercise_date: 50,000 of these options were fully vested and exercisable.

SEC source: 0001144204-16-125347 · v449408_4.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 295,685

F3 · kind: This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person.

F4 · price: This transaction was executed in multiple trades at prices ranging from $50.50 to $50.56 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 and prices at which the transactions were effected.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-16-125347 · v449408_4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 296,746

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 · kind: On September 22, 2016 the reporting person exercised previously issued options to purchase an aggregate of 1,061 shares of common stock of ExlService Holdings, Inc.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-16-125085 · v449288_4.xml · derivative · entry 8

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,061

Underlying: Common Stock, par value $0.001 per share · 37,803 shares

Expires 2018-01-23

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 · kind: On September 21, 2016 the reporting person exercised previously issued options to purchase an aggregate of 37,803 shares of common stock of ExlService Holdings, Inc.

F10 · derivative.exercise_date: 51,061 of these options were fully vested and exercisable.

SEC source: 0001144204-16-125085 · v449288_4.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 295,685

F3 · kind: This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person.

F4 · price: This transaction was executed in multiple trades at prices ranging from $50.50 to $50.88 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 and prices at which the transactions were effected.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-16-125085 · v449288_4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 333,488

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 · kind: On September 21, 2016 the reporting person exercised previously issued options to purchase an aggregate of 37,803 shares of common stock of ExlService Holdings, Inc.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-16-124925 · v449221_4.xml · derivative · entry 8

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 88,864

Underlying: Common Stock, par value $0.001 per share · 11,136 shares

Expires 2018-01-23

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 · kind: On September 20, 2016 the reporting person exercised previously issued options to purchase an aggregate of 11,136 shares of common stock of ExlService Holdings, Inc.

F10 · derivative.exercise_date: 88,864 of these options were fully vested and exercisable.

SEC source: 0001144204-16-124925 · v449221_4.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 295,685

F3 · kind: This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person.

F4 · price: This transaction was executed in multiple trades at prices ranging from $50.50 to $50.76 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 and prices at which the transactions were effected.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-16-124925 · v449221_4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 306,821

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 · kind: On September 20, 2016 the reporting person exercised previously issued options to purchase an aggregate of 11,136 shares of common stock of ExlService Holdings, Inc.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-16-124604 · v449069_4.xml · derivative · entry 10

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,000,000

Underlying: Common Stock, par value $0.001 per share · 50,000 shares

Expires 2018-01-23

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.

F2 · kind: On September 16, 2016 the reporting person exercised previously issued options to purchase an aggregate of 50,000 shares of common stock of ExlService Holdings, Inc.

F9 · derivative.exercise_date: 100,000 of these options were fully vested and exercisable.

SEC source: 0001144204-16-124604 · v449069_4.xml · nonDerivative · entry 4

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 295,685

F3 · kind: This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person.

F1 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-16-124604 · v449069_4.xml · nonDerivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 345,685

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.

F2 · kind: On September 16, 2016 the reporting person exercised previously issued options to purchase an aggregate of 50,000 shares of common stock of ExlService Holdings, Inc.

F1 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-16-124604 · v449069_4.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 295,685

F1 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-16-124604 · v449069_4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 295,885

F1 · ownership.direct: Owned by Rohit Kapoor.