VIRTUSA CORPORATION (NASDAQ:VRTU) Files An 8-K Submission of Matters to a Vote of Security Holders

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VIRTUSA CORPORATION (NASDAQ:VRTU) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders

Virtusa Corporation’s (the “Company”) annual meeting of shareholders was held on Thursday, September7, 2017 in Westborough Massachusetts. The matters voted on and the results of the vote were as follows:

1. (a)The Company’s shareholders elected the following class I directors to each serve for a three year term or until a successor is elected or qualified or until his earlier resignation or removal.

DIRECTORNOMINEE

FOR

WITHHELD

NONVOTES

William K. O’Brien

28,364,544

573,681

1,752,989

Al-Noor Ramji

28,342,849

595,376

1,752,989

Joseph G. Doody

28,162,780

775,445

1,752,989

(b)The holders of the SeriesA Convertible Preferred Stock elected the following SeriesA director to serve until a successor is elected or qualified or until such SeriesA director’s right to hold the office terminates.

SERIESANOMINEE

FOR

AGAINST

ABSTAIN

Vikram S. Pandit

108,000*

*Represents all of the SeriesA Convertible Preferred Stock held by the holder of the SeriesA Convertible Preferred Stock.

2. Our shareholders ratified the selection of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending March31, 2018.

NumberofVotes

FOR

AGAINST

ABSTAIN

30,521,099

163,346

6,769

3. To approve, on an advisory basis, the compensation of our named executive officers.

NumberofVotes

FOR

AGAINST

ABSTAIN

NONVOTES

10,535,929

17,745,649

656,647

1,752,989

4. To approve, on an advisory basis, the frequency of holding future advisory votes on the compensation of our named executive officers.

NumberofVotes

1YEAR

2YEAR

3YEAR

ABSTAIN

NONVOTES

27,076,373

4,219

1,529,822

327,811

1,752,989

Based on the votes set forth above, the Company’s stockholders approved, on anon-binding,advisory basis, a frequency of 1 Year for thenon-binding,advisory vote on the compensation of the Company’s named executive officers. The Company considered these voting results and other factors, and has determined that the Company will hold future advisory votes on its executive compensation on an annual basis until the next required vote on the frequency of shareholder votes on the compensation of its named executive officers.


About VIRTUSA CORPORATION (NASDAQ:VRTU)

Virtusa Corporation (Virtusa) is an information technology services company. The Company’s services include information technology (IT) and business consulting, digital enablement services, user experience (UX) design, development of IT applications, maintenance and support services, systems integration, infrastructure and managed services. Its services enable its clients to accelerate business outcomes by consolidating, rationalizing and modernizing the clients’ core customer-facing processes into one or more core systems. It delivers solutions through a global delivery model, applying advanced methods, such as Agile, a technique designed to accelerate application development. The Company uses its consulting methodology, Accelerated Solution Design (ASD). It supports the Chief Information Officers (CIOs) of its client organizations in solving their critical issues, including managing total cost of ownership, accelerating time-to-market and increasing productivity.

VIRTUSA CORPORATION (NASDAQ:VRTU) Recent Trading Information

VIRTUSA CORPORATION (NASDAQ:VRTU) closed its last trading session up +0.13 at 35.50 with 105,984 shares trading hands.