Nalin Kumar Miglani - Nov 9, 2022 Form 4 Insider Report for ExlService Holdings, Inc. (EXLS)

Role: EVP and Chief HR Officer
Signature: /s/ Lazbart Oseni, Attorney-in-Fact
Stock symbol: EXLS
Transactions as of: Nov 9, 2022
Transactions value $: $0
Form type: 4
Date filed: 11/14/2022, 05:06 PM
Previous filing: Apr 4, 2022
Next filing: Jan 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EXLS	Common Stock, par value $0.001 per share	Options Exercise	$0	+836	+7.14%	$0.00	12.5K	Nov 9, 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	EXLS	Restricted Stock Units	Disposed to Issuer	$0	-836	-100%	$0.00^*	0	Nov 9, 2022	Common Stock, par value $0.001 per share	836		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units received under a share matching plan previously disclosed. The restricted stock units were voluntarily forfeited by the Reporting Person on November 9, 2022.