QUARTERLY INDUSTRY REVIEW - March 2021

• Global growth expectations recovered the growth trajectory for 2021 as vaccine approvals strengths the hope for turnaround despite the pandemic

• Revenue maintained a positive growth, increasing 4.1 percent Q-o-Q, as the demand continued to recover. Y-o-Y growth also resumed this quarter

• All regions registered a growth in revenues sequentially as well as on Y-o-Y basis. All verticals registered sequential growth, while all verticals except Telecom growing on a Y-o-Y basis as well

Fixed price revenue share increased at 57.2 percent; Client metrics continued to improve in line with the demand recovery