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Chairman's Speech

Dear Shareholders,

I am very pleased to share with you that Athena Global Technologies Limited has delivered yet another strong performance in fiscal year 2016. This is despite the macroeconomic challenges we faced in many of our geographies. Overall, we continue to outperform in the IT sector that we participate in. This positions us well to achieve our ambitious growth aspirations of becoming an emerging markets leader.

This is a very exciting time for our company. We are driving a relentless focus on our strategy, and investing strategically in creating new growth vectors for the future, while continuing to drive our core to full potential, ensuring execution excellence and building on our agile and high performance culture. We believe that this is what differentiates us and allows us to continue to innovate and delight our clients across the world with superior quality and world-class services.

Thank you

M. Satyendra

Chairman and Managing Director