Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that Dr. Arin Mitra has joined CRA as a Vice President in the Transfer Pricing Practice.

“We are excited to welcome Arin to CRA,” said Paul Maleh, President and Chief Executive Officer of Charles River Associates. “He has more than three decades of experience with intercompany transactions and joins a growing and dynamic team committed to helping our clients with their most complex, cross-border tax issues.”

“Arin is recognized by his peers and industry publications as a top transfer pricing advisor,” said CRA Vice President and Transfer Pricing Practice Leader Rebel Curd. “In addition to providing expert testimony, he has managed large teams of tax professionals, advised multinational corporations on transfer pricing strategies and developed innovative software tools. We look forward to working with him on the most important and relevant transfer pricing and tax issues for multinational clients in all industries.”

Prior to joining CRA, Dr. Mitra worked for more than 30 years at a Big Four global tax compliance and advisory services firm, rising to the level of Lead Tax and Transfer Pricing Client Services Principal. His responsibilities included managing client engagements across the entire life cycle of transfer pricing, including planning, advance pricing agreements (APA), and the design and implementation of operational transfer pricing solutions. He also led economic analysis for more than 50 bilateral APAs involving the United States, Japan, Australia, India, Canada, and France.

Dr. Mitra holds a BCom in Accounting from Calcutta University, an MA in Economics from Jawaharlal Nehru University, and an MA and PhD in Economics from Brown University.

About CRA’s Transfer Pricing Practice

CRA’s Transfer Pricing Practice offers comprehensive, world-class functional, industry, and international expertise combined with rigorous economic and financial analysis to companies in all industries. Clients turn to CRA for the perspective and diverse set of skills required to assist in every phase of the tax cycle, including planning, documentation, and tax valuation. CRA’s experts also provide audit defense and support in litigation and alternative dispute resolution.

About Charles River Associates (CRA)

Charles River Associates^® is a leading global consulting firm specializing in economic, financial, and management consulting services. CRA advises clients on economic and financial matters pertaining to litigation and regulatory proceedings, and guides corporations through critical business strategy and performance-related issues. Since 1965, clients have engaged CRA for its unique combination of functional expertise and industry knowledge, and for its objective solutions to complex problems. Headquartered in Boston, CRA has offices throughout the world. Detailed information about Charles River Associates, a registered trade name of CRA International, Inc., is available at www.crai.com. Follow us on LinkedIn, Instagram, and Facebook.

SAFE HARBOR STATEMENT

Statements in this press release concerning the addition of Dr. Arin Mitra and the strengthening of CRA’s Transfer Pricing Practice, and any future business Dr. Mitra may generate for CRA, are “forward-looking” statements as defined in the Private Securities Litigation Reform Act of 1995. These statements are based upon management’s current expectations and are subject to a number of factors and uncertainties. Information contained in these forward-looking statements is inherently uncertain, and actual performance and results may differ materially due to many important factors. Such factors that could cause actual performance or results to differ materially from any forward-looking statements made by CRA include, among others: the failure to generate engagements for us; the potential loss of clients; the demand environment; global economic conditions; foreign exchange rate fluctuations; and intense competition. Additional potential factors that could affect our financial results are included in our periodic filings with the Securities and Exchange Commission, including those under the heading “Risk Factors.” We cannot guarantee any future results, levels of activity, performance, or achievement. We undertake no obligation to update any forward-looking statements after the date of this press release, and we do not intend to do so.

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