Dear Shareholders

As the world completes a year of dealing with the pandemic the innovative spirit ofhumanity shines forth as the guiding light through the tunnel. From crowdsourcing to fillsupply chain gaps in our infrastructure to the rapid adoption of digital payments thecitizens of the world have shown their resilience to the disease that threatened tocripple our economies as well. Nucleus sits at the cusp of this new digitization wave thatsweeps through the world. Not only do Nucleites utilize decades of specialization in theBanking Financial Services & Insurance sector their passion for innovation pushes ourproducts through previously unimaginable frontiers which now seem to have reached ourdoorsteps.

The two flagship products of this company- FinnOne Neo™ and FinnAxia™ arebeacons of deep domain expertise and cutting-edge architecture and design. These productshave been helping our customers across the globe to speedily reap benefits of digitizationand in turn provide greater value to the end consumers. On the other hand our Servicesdivision continues to innovate by working on technologies like robotic process automationdata analytics to assist customers to stay ahead of their competition.

While social distancing is one of the most essential steps for prevention of the spreadof COVID preserving the feeling of community while working from distant officesthroughout the year becomes challenging. Nucleites left no stones unturned in theirefforts to keep the customers satisfied while supporting each other. Nucleites celebratedFounder's Day across 5 time-zones in July 2020 and then conducted our annual techconference – NucTech discussing topics ranging from responsible AI blockchain togene editing in Jan 2021. During the past year they also came together to provide helpfor those Nucleites who were afflicted by the pandemic through a task force. The companycontinued to support its CSR initiatives in different parts of the country with a greaterfocus on providing relief to those whose livelihoods or education was affected by thepandemic.

This period of work from home has brought in a fresh perspective that we can continueproviding great value to our customers and beyond with the same vigor while working fromdifferent corners of the globe. As the new year fiscal year begins this perspectiveprovides us with great strength to knock on opportunities that have been untapped.

Stay safe and healthy.

CHAIRMAN

JUNE 3 2021.