Cognizant (CTSH) Appoints Eric Branderiz to its Board

Cognizant (Nasdaq: CTSH) today announced the appointment of Eric Branderiz to its Board of Directors ("the Board") as an independent director, effective February 21, 2023. Upon the commencement of Mr. Branderiz's term, Cognizant's Board will expand from 11 to 12 members, 11 of whom will be independent.

"Eric is a proven financial executive and public company director with extensive experience overseeing financial and accounting operations for high-growth energy and technology companies," said Stephen Rohleder, Chair of the Board. "We are pleased to welcome Eric to the Board and look forward to leveraging his unique insights and expertise as we seek to reaccelerate growth and drive shareholder value."

The Board continues to strive towards optimizing its balance of director skills and tenures as part of its ongoing refreshment program. With the addition of Mr. Branderiz, the Board has appointed five new independent directors in the last four years.

In addition, Maureen Breakiron-Evans, who joined the Board in 2009, has informed the Board that she will not stand for re-election at Cognizant's 2023 Annual Meeting of Shareholders.

"We thank Maureen for her commitment to our shareholders, employees, and other stakeholders," Rohleder said. "She has made meaningful contributions to Cognizant during her decade of service on the Board, including as a member of our Audit and Governance and Sustainability Committees. On behalf of the Board, I'd like to wish Maureen well as she focuses on her family and other interests."

Given these changes to the Board's composition, the Board intends to evaluate the composition of its committees.

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