Firstsource Group USA enters into option purchase agreement for Sourcepoint

To pay consideration of up to USD 34.25 million on deferred basis

Firstsource Solutions announced that Firstsource Group USA Inc. (FGUSA), a subsidiary of the Company has entered into an option purchase agreement whereby FGUSA has purchased the Counterparty's option to purchase shares in Sourcepoint, Inc. (Sourcepoint), a subsidiary of FGUSA in exchange for a fixed consideration of USD 23 million (on a deferred payment basis) and a contingent consideration of up to USD 11.25 million based on additional revenues realised by Sourcepoint through the Counterparty.

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