Hexaware Technologies , a global provider of IT solutions and services, has announced seven Stevie® Awards at the 24th edition of the annual American Business Awards® (ABA). The announcement was made on May 12, 2025, from Iselin, New Jersey, USA. The American Business Awards® celebrates outstanding achievement in innovation, growth, marketing, and leadership across industries in the United States.

This year's judging process saw more than 230 professionals worldwide evaluate over 3,700 nominations over a three-month period, with averaged scores determining the winners. Hexaware's recognition spans some of the program's most competitive categories, reflecting the company's focus on AI-first transformation, differentiated client engagement, and marketing performance.

Award Wins at a Glance

Hexaware's seven Stevie® Awards cover a broad range of categories. The following table summarises each award and its corresponding category:

Judges' Recognition Across Categories

Judges offered specific recognition for each of the seven winning entries, highlighting distinct strengths across the board:

• The Gold-winning social video was recognised for its clarity and accessibility in explaining complex AI concepts.
• The Gold-winning roundtables were noted for their scale—17 events across seven countries with strong C-suite attendance.
• The Silver-winning account-based marketing campaign was acknowledged for the speed with which it moved from first contact to secured contracts at a major global financial institution.
• Nidhi Alexander's Silver win as Marketing Executive of the Year was noted for the remarkable range and consistency of results delivered across multiple marketing functions simultaneously.
• The Bronze-winning annual report was recognised for its organised structure, clarity, and design.
• The Bronze win for Fastest-Growing Company cited Hexaware's NPS performance relative to industry benchmarks as a key factor.
• The Marketing Department of the Year Bronze was recognised for the depth of results delivered across brand, demand, digital, and operational efficiency.

Leadership Perspectives

R. Srikrishna, CEO & Executive Director, Hexaware, commented: "Year on year, the quality of our work keeps improving—in the clients we are winning, the technology we are building, and the reputation we are earning in the market. These awards reflect that progress, and I could not be prouder of what the teams have delivered."

Nidhi Alexander, Chief Marketing Officer, Hexaware, added: "What makes this year stand out is not any single campaign or initiative. It is the fact that the team delivered across everything at once. Thought leadership, demand generation, brand building, and operational efficiency, all moving in the right direction at the same time."

Together, the seven awards reflect Hexaware's stated focus on AI-first transformation, differentiated client engagement, and marketing that contributes directly to growth and business value.

Hexaware Technologies has filed a disclosure under Regulation 30 read with Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, providing an update on its ongoing legal proceedings against a client based in Europe. The disclosure, dated May 09, 2026, is made in continuation of earlier intimations, including one dated December 20, 2025.

Key Developments in the Legal Proceedings

Subsequent to Hexaware Technologies filing a complaint before the United States District Court for the Southern District of New York, the company has learned of significant developments on the client's end. The update, received from the company's lawyers on May 08, 2026, outlines two critical developments:

• The European client's insolvency proceedings have commenced in a court in Germany.
• The client has secured recognition of these insolvency proceedings in the United States, with the intent to protect itself against ongoing litigation in the US.

The following table summarises the key details of the disclosed developments:

Company's Response and Financial Position

Hexaware Technologies has stated that it is taking appropriate steps to pursue legal remedies before the appropriate authority in light of these developments. Importantly, the company has clarified that there is no additional financial impact on the company, as adequate provisions have already been made in its financial statements in an earlier year.

The disclosure has been made in compliance with the SEBI LODR Regulations and will also be hosted on the company's official website at www.hexaware.com . The intimation was signed by Gunjan Methi, Company Secretary and Compliance Officer of Hexaware Technologies.