Code of and Ethics: Conduct
Code of and Ethics: Conduct
CONDUCT
AND ETHICS
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Infosys
CODE OF CONDUCT
Our Code of Conduct sets forth our core values, shared responsibilities, global
commitments, and promises. It provides general guidance about the Company’s
expectations, highlights situations that may require particular attention, and references
additional resources and channels of communication available to us. It is also the first
step for you to get clarity on any questions relating to ethical conduct.
Our Code, however, cannot possibly address every situation we face at work. Therefore,
the Code is by no means a substitute for our good judgment, upon which Infosys
depends. We must remember that each of us is responsible for our own actions and that
the ethical choice is always the best choice.
Please review the entire Code and refer to it whenever you have a question on ethical
conduct. If requested to, you shall confirm in writing that you have reviewed the Code,
and understand and agree to adhere to our core values, shared responsibilities, global
commitments, and promises.
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A MESSAGE FROM                                                                                                 CONTENTS        RESOURCES       BACK      NEXT
  THE CEO & MD                   Infosys stands for many things – a commitment                   We lead by example, always, and pursue
                                 to delivering great client value, a space for                   excellence in all our fields. This is built into our
                                 employees to be themselves, a sharp focus on                    vision, and this helps us make a difference – to
                                 making a difference both within the industry                    ourselves and to everyone with whom we
                                 and within the larger society – but most of all,                interact.
                                 we are known for our values. These values,
                                 embodied in C-LIFE (Client Value, Leadership by                 All of this is captured in our Code of Conduct.
                                 example, Integrity and Transparency, Fairness                   With a simple, easy-to-imbibe format, the Code
                                 and Excellence) form the bedrock of our daily                   forms the guidelines by which we lead our lives
                                 lives at the workplace. They are the foundation                 at work. It helps you take the right decisions,
                                 on which we built our success over the years                    especially during challenging or ambiguous
                                 and have held us in good stead from our                         times. More than anything, it’s important that
                                 inception.                                                      we raise our concerns whenever we spot a
                                                                                                 violation of the Code, as the responsibility of
                                 It isn’t a simple task to lead a life, especially in an         upholding the Code lies with us. If you notice
                                 ever-changing and demanding environment                         something amiss, please do reach out to the
                                 like ours, driven by values. But I have already                 Office of Integrity and Compliance, or use the
                                 seen that Infoscions strive to uphold our values                helpline/incident tracker, and we assure you
                                 in all that they do. This is remarkable, and                    that we will look into it, all the while protecting
                                 proves that the only way to follow values is to                 you against any form of retaliation.
                                 truly live them. They are a part of our DNA, and
                                 rightly so. Therefore, each one of us is                        Let us work together to live the Code, and find
                                 responsible for the values, and for maintaining                 greater success within the strong framework
                                 and enhancing the culture that they have built.                 that we have built over the years.
                                 We act with integrity and transparency in all our
                                 transactions and work with fairness to solve the
                                 challenges faced by our stakeholders.
Regards,
                                 SALIL S. PAREKH
                                 Chief Executive Officer & Managing Director
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VALUES: C-LIFE
Our values are the principles we use to run the Company on a daily basis. They are so important that they are the source of our entire Code—a sort of ethical backbone. They are
clear and simple. Our values are the foundation of everything we do and they are encapsulated in the acronym C-LIFE.
Our values are also influenced by the principle of trusteeship. As Infoscions, we are all trustees of the company’s legacy—its resources, assets and opportunities. As trustees, we
have an obligation to pass on a better, stronger Infosys than the one we received. By necessity this includes meeting or exceeding our commitments to stakeholders, developing
the full potential of our employees, and building Infosys’ reputation to make it the most respected company in the world.
But trusteeship at Infosys goes further than that; trusteeship also includes our corporate commitment to utilizing natural resources in a sustainable way and to improving the
communities in which we live and work. An early adopter of a robust CSR agenda, along with sustained economic performance, we believe in the importance of social stewardship.
We embrace responsibility for our company to create a positive impact in the communities in which we work and live. Our key programs are driven by the strong CSR platforms
we’ve built over the years. Trusteeship to the Infoscion means that we strive to create positive environmental, social and economic values in every aspect of our business.
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                                             VALUES IN ACTION
                                             What does it mean to act with integrity
                                             and transparency?
                                             Acting with integrity and transparency means that we should be ethical, sincere
                                             and open in all our transactions. Personal accountability goes a long way in
                                             showing our clients and our employees that they can rely on us. That is why, as
                                             employees and leaders of Infosys, we keep our commitments and walk the talk.
                                             We speak up when we are uncomfortable or uncertain, especially when it comes
                                             to actions, conditions and behaviors that contradict our values and culture.
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VALUES IN ACTION
What does it mean to create client value?
Client value is a commitment to bring in ideas and recommendations that are in the
client’s best interests, thus discharging our professional responsibilities in a manner
that leads to long-term partnerships.
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                                             VALUES IN ACTION
                                             What does it mean to lead by example?
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VALUES IN ACTION
What does it mean to be fair?
Fairness in the workplace is about respecting the rights of all those who work
with us.
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                                                                                              VALUES IN ACTION
                                                                                              What does it mean to be excellent?
MATCH                        LEARN FROM            SPEAK WITH           MAKE THE MOST                TAKE                             BE WILLING TO                   BE BALANCED
BEHAVIOR WITH                MISTAKES              PURPOSE              OF EVERY                     RESPONSIBILITY                   DO THINGS
VALUES                                                                  MOMENT                       FOR ACTIONS                      DIFFERENTLY                     Balance is about
                             View failures as      Think before we                                                                                                    considering everything
Demonstrate our              feedback that         speak. Make sure     Focus our attention          Be responsible for               Recognize what’s                that’s meaningful and
positive personal            provides us with      your intention is    on the present               our thoughts,                    not working and be              important to us when
values in all we do          the information we    positive and your    moment. Keep a               feelings, words and              willing to change               we make choices about
and say. Be sincere          need to learn, grow   words are sincere.   positive attitude.           actions. ‘Own’ the               what you are doing              how we spend our time
and real.                    and succeed.                                                            choices you make                 to achieve your                 and energy. When we
                                                                                                     and the results that             goal.                           find the right balance,
                                                                                                     follow.                                                          we are happy, healthy,
                                                                                                                                                                      satisfied and productive.
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                                  CODE
                                                                  ethically. It explains what it means to act
                                                                  with integrity and transparency in
                                                                  everything we do and in accordance with
                                                                  our unique culture and values.
                                IS MORE THAN                      As members of the Infosys family, let us follow not only the letter of
                                                                  the Code, but its intent and spirit as well. This means we should:
                              JUST WORDS ON                        Understand the areas covered by the Code, Company policies and
                                                                     procedures, and laws that apply to our job.
                                                                   Follow the legal requirements of all locations where we do
                               A PAGE—IT’S A
                                                                     business.
                                                                   Conduct ourselves in ways that are consistent with the Code,
                                                                     Company policies and procedures, and laws.
          WAY OF LIFE
                                                                   Speak up if we have concerns or suspect violations of the Code,
                                                                     Company policies and procedures, or laws.
                                                                   When requested, certify that we have reviewed, understand and
                                                                     agree to follow the Code.
                                                                   Understand that following the Code is a mandatory part of our job.
                                      FOR THE                     The Code cannot address every situation that may occur. We are
                                                                  expected to exercise good judgment and ask questions when we
                    INFOSCION
                                                                  need guidance or clarification. Many resources are available to assist
                                                                  us. These include our managers, the Office of Integrity and
                                                                  Compliance, Human Resources, Legal Department, the Helpline, and
                                                                  other resources listed at the end of the Code. In addition to the Code,
                                                                  we should also be aware of all Company policies and procedures
                                                                  applicable to our work. You may refer to the Policy Portal which is a
                                                                  repository of all our policies.
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WHAT ARE MY
RESPONSIBILITIES?
I Follow the Code                                                                                   I am the Example for my Team
Our Code applies equally to all Infosys directors, officers and employees globally, across          Most often, a manager is the first person to be contacted about a concern in our
our subsidiaries. The Code also applies to our partners, suppliers, agents or others acting         work environment. Managers have some specific responsibilities:
on the Company’s behalf. As employees, it is important that we know and follow the                   Be a role model of ethical behavior.
Code as a guideline for decision-making that is paired with integrity.                               Encourage your team to raise issues and speak up.
                                                                                                     Communicate a positive message about your commitment to ethics and
I Lead by Example                                                                                     compliance.
                                                                                                     Promote our values, the Code of Conduct and compliance with policies and the
                                                                                                      law.
No matter what our role is, each one of us is expected to lead when it is a question of              Actively support ethics and compliance awareness and training programs.
ethics and be accountable for our actions. We act with responsibility and integrity in               Have open avenues for communication.
tune with our C-LIFE values.                                                                         Listen and respond fairly to employee concerns.
                                                                                                     Find satisfactory and complete resolutions to ethical issues.
                                                                                                     Escalate concerns when additional assistance is needed.
    Infosys’ non-retaliation policy is an embodiment of our values and a cornerstone of our Code. If you observe violations of Infosys values and principles, you are encouraged
    to report such incidents to the Helpline. Infosys will protect you and ensure that you are not retaliated against because of any report that you raise in good faith. Infosys
    does not tolerate any form of retaliation (whether by a manager, co-worker or otherwise) against an individual because he or she made a good faith report of an integrity
    concern. This protection also extends to anyone who assists with or cooperates in an investigation or report of an integrity concern or question. We support those who
    support our values.
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SPEAK
                       UP
If you believe that you have been discriminated
against, harassed or have not been given equal
opportunities at work, you are encouraged to
submit a complaint to:
 Your manager
 Your skip-level manager
 Human Resources
 HEAR@infosys.com
 GRB@infosys.com, if you believe you
  have been sexually harassed
 Helpline
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TABLE OF CONTENTS
A. RESPECTING EACH OTHER                         17   D. COMMITTED TO OUR CUSTOMERS
                                                         AND OUR SUPPLIERS                                        38
    An Equal Opportunity Workplace Free of
    Discrimination or Harassment                 17        Fair Dealings                                          38
    A Safe Place to Work                         18        Confidential Information of Clients
                                                           and Third Parties                                      39
B. ETHICS IN OUR BUSINESS ACTIVITIES             19        Free and Fair Competition                              40
                                                           Industrial Espionage                                   42
    Preventing Corruption                        19
                                                           Governmental Relations                                 42
       Gifts and Entertainment                   22
                                                           Selecting Suppliers                                    42
       Charitable Contributions                  22
       Transacting with Third Parties            23   E.   RECORDS, DISCLOSURES AND AUDITS                        43
    Trading in Company Shares                    24
    Understanding Regulated Trade Restrictions   26   F.   ADMINISTERING OUR CODE                                 47
       Export Control and Import Regulations     26
                                                           Investigations                                         47
       Anti-Boycott Laws                         27
                                                           Amendments/Modifications to Our Code                   47
    Conflict of Interest                         28
                                                           Acknowledgement                                        47
    Political Activities                         31
                                                           Waivers                                                47
    Lobbying                                     31
                                                           Disciplinary Actions                                   48
    Money Laundering and Terrorism Financing     32
    Immigration                                  32
                                                      Form of Acknowledgment of Receipt of Code of
                                                      Conduct and Ethics                                          50
C. PROTECTING COMPANY ASSETS                     33   INDEX                                                       51
    Company Confidential Information             34
    Improper Opportunities                       35
    Company Intellectual Property                35
    Providing Information to the Media           36
    Physical Access Control                      36
    Use of Company Assets                        37
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We are committed to following fair employment practices that provide equal opportunities to all employees. We do not discriminate or allow harassment on the basis of race,
color, religion, disability, gender, national origin, sexual orientation, gender identity, gender expression, age, genetic information, military status, or any other legally protected
status. At Infosys, we value diversity and believe that a diverse workplace builds a competitive advantage.
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We must also ensure that we never verbally or physically mistreat others or engage in offensive behavior, and we should not tolerate those who do. This includes harassing,
bullying, abusive or intimidating treatment, inappropriate language or gestures, disorderly conduct, violence and any other conduct that interferes with a co-worker’s ability to do
his or her job.
The Company’s Anti-Discrimination and Anti-Harassment Policy applies to all persons involved in the operations of the Company and prohibits harassment by any employee of
the Company towards other employees as well as outside vendors and customers. If you have any questions relating to what constitutes discrimination or harassment, or any
other questions or concerns pertaining to discrimination or harassment, please refer to the Policy on Prevention and Redressal of Harassment at Infosys or any of the location-
specific procedures found on your local policy page on the Company intranet. If you wish to report a concern, you may reach out to us using any of the relevant channels noted in
the “Speak Up” section on the previous page, or simply call the Helpline listed throughout this Code of Conduct.
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Preventing Corruption
The United States Senate in 1977 stated “Corporate bribery is bad business. In our free market system it is basic that the sale of products should take place on the basis of price,
quality, and service. Corporate bribery is fundamentally destructive of this basic tenet.”
Corruption diverts public resources from priorities such as health, education, and infrastructure and impedes economic growth. Corruption undermines public accountability and
the rule of law. Corruption is anti-competitive, increases costs of doing business globally and introduces significant uncertainty into business. Bribery thus raises the risks of doing
business, putting a company’s bottom line and reputation in jeopardy. Companies that pay bribes to win business ultimately undermine their own long-term interests and the
best interests of their investors.
As a global company, apart from the Prevention of Corruption Act, 1988 (India), Infosys is subject to all relevant anti-corruption laws, including the U.S. Foreign Corrupt Practices
Act (FCPA) (as if it were a U.S. incorporated company) and the Bribery Act 2010 (U.K.). These prohibit bribery of government officials and commercial partners.
   Government Officials
   Particular care must be taken when interacting with government officials. Government Official includes officer or employee of any agency, department or instrument of any
   government or anyone acting on their behalf. This includes (but is not limited to) officer or employees of a political party, employees or members of military services, civil
   services or judicial systems, candidates for political or public office, members of a ruling or royal families and employees of businesses controlled by the government, public
   international organizations etc. Family members of Government Officials are also considered as Government officials.
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Prevention Corruption
We should never offer, directly or indirectly, any form of gift, entertainment or anything of value to any government official or commercial partners including customers or their
representatives to:
 Obtain or retain business;
 Influence business decisions; or
 Secure an unfair advantage
This includes bribes, kickbacks and facilitation payments.
Infoscions don’t do any of these, nor do we allow third parties acting on our behalf, such as vendors, agents, customers, consultants, alliance partners, suppliers and contractors to
make any such payments.
Also remember that while managing these relationships, we must be on the watch for any actions relating to bribery, kickbacks, improper payments or other corrupting
influences. We can and will be held responsible for the conduct of our third parties if they violate the law while working on our behalf.
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                                                                                             QUESTION
                                                                                             One of the Company’s vendors always sends me a large gift
                                                                                             basket of fruit and chocolate during the holiday season. Can I
                                                                                             accept this?
                   Anything of value?
                                                                                             RESPONSE
                   What does that mean?                                                      If the holiday gift baskets is of low value and you receive them
                                                                                             infrequently, it is unlikely that you would feel obligated or
                   Cash payments, gifts, entertainment, excessive business                   influenced by them. If that is the case, you can continue to
                   promotional activities, covering or reimbursing expenses,                 accept them. However, you are encouraged to share the gift
                   investment opportunities, shares, securities, loans or                    baskets with other employees in your department. For more
                   contractual rights, promise of future employment,                         information on permissible value, please refer to Anti-Bribery
                   payments under consulting agreements, subcontracts,                       and Anti-Corruption Policy of the Company.
                   stock options, and similar items of value.
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Accepting Gifts: Acceptance of gifts is not encouraged. Please refer to the                        We have a strict diligence process for charitable contributions. Reach out to the
Anti-Bribery and Anti-Corruption Policy.                                                           Office of Integrity & Compliance by writing to OIC@infosys.com to understand the
                                                                                                   diligence we need to follow.
Reach out to OIC@infosys.com in case of any query.
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Keep in mind that the Company and individual directors, officers or employees may be liable for a payment made by a
third party agent, if the Company makes a payment or transfers other value to that third party agent knowing that it
will be given to a government official.
We ensure that the fee, commission or other remuneration paid to intermediaries or third party agents is reasonable,
bona fide and commensurate with the functions and services performed. We should keep track of such expenses so
that they are fairly and accurately reflected in Infosys’ books of accounts.
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                                  For more details, read the Company’s Insider Trading Policy. All questions regarding the Company’s Insider Trading
                                  Policy should be directed to InsiderTrading@infosys.com.
                                      QUESTION                                                           RESPONSE
                                      My spouse is starting a company. To fulfil                         From the facts, it does not appear that your
                                      regulatory requirements, I need to be appointed                    spouse’s start-up is in the same business as
                                      as a director on the company. I will also be a                     Infosys. Remember that you may not use
                                      majority shareholder in the company which is in                    Infosys time, property, or other resources to
                                      the business of online food delivery. Is there a                   help your spouse. Good luck!
                                      problem if I do this?
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Some of the strictest export controls are maintained by the United States. For example, U.S. export regulations
apply both to exports from the U.S. and to exports from other countries, when those products contain U.S.- origin
components or technology. Other countries, including in Europe, also have strict export control regulations.
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Understanding Regulated
Trade Restrictions
Anti-Boycott Laws
In the course of our work, we may receive requests for Infosys to boycott certain
countries, companies or other entities. Boycott activity can take the form of
refusals to do business with certain groups or requests for information about
boycotted entities. We should not cooperate with any boycott that is not initiated
by the U.S. or Indian governments. This may be considered as an illegal foreign
boycott. Be alert to these situations, as these requests may be contained as part of
larger documents such as master service agreements, invoices or statements of
work. Please contact the Office of Integrity and Compliance at OIC@infosys.com if
you have questions.
27 | Code of Conduct and Ethics                                                        Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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                                                                                                                  QUESTION
                                                                                                                  I work in a country where the laws are different from those in the
                                                                                                                  country where I am based. Does the Code cover both locations?
                                                                                                                  RESPONSE
Conflict of Interest                                                                                              Infosys respects the letter and the spirit of the laws and customs
                                                                                                                  of every place where we do business. The Code is intended to be
What does conflict of interest mean?                                                                              broad enough to cover everyone worldwide, but laws vary from
                                                                                                                  place to place. What may be lawful in one place may be unlawful
                                                                                                                  in another. Employees must always perform their jobs in
When the interests or benefits of one person conflict with the interests or benefits of the
                                                                                                                  compliance with applicable laws, policies and procedures. If you
Company, a conflict of interest is said to occur. We must avoid situations involving actual or
                                                                                                                  are concerned about a possible conflict involving our Code,
potential conflict of interest so that even the slightest doubt about our integrity is not raised.
                                                                                                                  Company policies and procedures, and any local laws or customs
                                                                                                                  contact any of the resources listed at the end of the Code.
Conflicts of interest also occur when we or our family members receive improper personal
benefits, or preferential treatment as a result of our position, or the position of a family
member, in the Company. Remember that such situations might impact our judgment or
responsibilities towards our Company and our shareholders and customers.
28 | Code of Conduct and Ethics                                                          Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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Conflict of Interest
When could I be faced with a ‘conflict of interest’ issue?
Some examples include:
29 | Code of Conduct and Ethics                                                              Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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Conflict of Interest
When faced with such issues, ask yourself:
 Would this create or appear to create an unfair incentive for me or my
  friends and family?
 Am I putting Infosys at risk of violating laws or agreements with our
  customers?
 Would this look bad if it was brought up in social media?
 Would this distract me from doing my job?
Since the situations for other conflicts of interest are wide and many, it would be
impractical to attempt to list all possible situations. If a proposed transaction or
situation raises any questions or doubts, you should raise it to OIC@infosys.com.
30 | Code of Conduct and Ethics                                                        Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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                                                                                                     Political Activities
                                                                                                     Infosys reserves the right to communicate its position on important issues to the
                                                                                                     elected representatives and other government officials. Infosys’ funds or assets
                                                                                                     must not be used as contribution for political campaigns or political practices
                                                                                                     under any circumstances without the prior written approval of the Board. For
                                                                                                     obtaining such approvals, please reach out to OIC@infosys.com. We do not seek
                                                                                                     reimbursement for political contributions or use Infosys resources for personal
                                                                                                     political activities. We also do not indicate in any manner that we represent our
                                                                                                     Company’s opinion about a candidate for office or any political cause or decision
                                                                                                     of any government.
Lobbying
If our work includes meetings with government, elected officials, all of which might
be construed as ‘lobbying’, we must be aware that such activities are regulated. We
should not claim to represent our Company at such meetings unless we are
specifically designated by the Company to do so. As in all other spheres of our
activity, any meetings of this sort should be carried out with high integrity, in line
with our C-LIFE values.
31 | Code of Conduct and Ethics                                                          Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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Immigration
At Infosys, employees are required to travel across the globe from time to time to
support defined business requirements. During such travel, you are expected to
ensure compliance with applicable requirements both under immigration laws
as well as company policies. In case any clarification is required, please reach out
to Global Immigration helpdesk at GI_Helpdesk2@infosys.com.
32 | Code of Conduct and Ethics                                                        Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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                                     C                PROTECTING
                                                      COMPANY ASSETS
                                     Upon joining Infosys, all employees sign a Confidentiality and Nondisclosure Agreement
                                     which details their confidentiality obligations to the Company. As employees, we have
                                     access to significant amounts of company information that may not be available to the
                                     public, and we should preserve the confidentiality of information obtained in the
                                     Company’s service. Information of a confidential, private and sensitive nature must be
                                     used responsibly and controlled and protected to prevent its prohibited, arbitrary or
                                     careless disclosure.
33 | Code of Conduct and Ethics   Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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Our Information Security Policy sets out the expectations on each of us to safeguard confidential information of Infosys and our third parties with the assurance of security,
availability, integrity and confidentiality. The Acceptable Usage Policy provides the purposes for which Infosys IT resources may be legitimately used and our cybersecurity
responsibilities. These policies, together provide employees with the mandatory directive of safeguarding Infosys and client information.
Our Infosys Privacy Policy sets out the expectations on each of us to process personal information belonging to our employees, clients, agents, consultants, suppliers, and
contractors in a manner so as to ensure compliance with all applicable privacy laws and regulations, including processing through cross border data transfer between group
entities. Unless authorized and contractually agreed, we are committed to protect the confidentiality of such personal information while processing such personal information,
implement adequate technical and organizational measures and employees are made aware of and required to comply with mandated processes under Privacy Policy for
responsible use, disclosure, storage, retaining or any other processing of such personal information.
Any incident involving personal data/information (actual or suspected) should be brought to the attention of Data Privacy Office by raising an AHD to DPO or via email at
privacy@infosys.com.
34 | Code of Conduct and Ethics                                                       Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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Improper Opportunities
When we receive information as part of our job, we should not trade with it for our personal
benefit. Neither should we pass on the information to our friends and family members or
indirectly compete with the Company. Information obtained as part of our job should not be
taken advantage of even after we leave the organization.
35 | Code of Conduct and Ethics                                                           Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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For more information, you may read Infosys Code on Fair Disclosures
and Investor Relations which establishes who in the Company may
communicate information.
36 | Code of Conduct and Ethics                                                              Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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                                                      Other assets (e.g., computers, printers, and copiers) may be used for minor and incidental personal purposes provided
                                                      such use is kept to a minimum, and does not create any significant incremental costs, interfere with work duties, or violate
                                                      any laws or Infosys policies. The use of any Infosys resources for personal political activities is prohibited.
                                                      Computer hardware, software, data, and facilities are valuable resources that need protection from potential destruction,
                                                      theft, or misuse. These resources may also include confidential client or Infosys information that requires safeguarding. It
QUESTION                                              is your responsibility to prevent unauthorized access through the use of ID badges, passwords, or other security codes,
I recently started working at Infosys. I previously   and physical security measures (such as using computer cable locks, not leaving computers unattended in cars, and other
worked for a competitor and just realized I may be    normal precautions).
involved in developing technology for Infosys that
is very similar to what I developed for my prior      Copyrighted materials (e.g., books, music, software, and magazines) should not be reproduced, distributed, or altered
employer. Should I inform my manager?                 without permission of the copyright owner or an authorized agent. Software used in connection with the business of
                                                      Infosys should be properly licensed and used only in accordance with that license. Using unlicensed software could
                                                      constitute copyright infringement and may be grounds for disciplinary action. For more information, please read the
RESPONSE                                              Company’s policies on use of Company assets.
37 | Code of Conduct and Ethics                                                    Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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  D             COMMITTED TO OUR
                CUSTOMERS AND
                OUR SUPPLIERS
To many people, you are the only “Infosys” that they will ever meet—as such you are
a brand ambassador and a representative of the Company. For instance, if our job
involves working with current or potential Company customers/suppliers, we must
act in a manner that is representative of our C-LIFE values. The goodwill our Company
enjoys is one of our most important assets, and we must preserve and enhance our
reputation through our actions.
Fair Dealings
We must deal fairly with the Company’s customers, suppliers, partners, service
providers, competitors and anyone else with whom we interact while at work. We
should not take unfair advantage of anyone through manipulation, concealment,
abuse of privileged information, misrepresentation of facts or any other unfair dealing
practice.
38 | Code of Conduct and Ethics                                                           Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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Confidential or proprietary information including personal information about clients, our organization, or other parties, which has been gained through employment or affiliation
with Infosys, may not be used for personal advantage or for the benefit of third parties. We are committed to protect the confidentiality of processing such personal information by
implementing adequate technical and organizational measures, and all employees, agents, consultants, suppliers, contractors, are made aware of their responsibility to use, or
process personal information, unless authorized by law and/or contractually agreed.
39 | Code of Conduct and Ethics                                                         Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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40 | Code of Conduct and Ethics                                                         Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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                  QUESTION
                  My department is in the process of choosing a vendor. One of my employees recommended a company owned
                  by his sister. I have heard good things about this company from other sources. Can I consider this company
                  even though one of my employees is related to the owner?
                  RESPONSE
                  This employee can compete for the work, but the employee who is related to the owner cannot be involved in
                  decisions about choosing the vendor. Nor can the employee be involved in managing the vendor, if chosen.
                  Your employee should also understand that he cannot provide any confidential Infosys information or other
                  advantage to his sister that would help her company be selected. Also, you should consult your manager about
                  any actual or apparent conflicts of interest under the circumstances, particularly where family members are
                  involved.
41 | Code of Conduct and Ethics                                                       Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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Industrial Espionage
Our commitment to fairness includes respecting the rights of our competitors and abiding by all applicable laws. As a lawful competitor and to help ensure the integrity of the
competitive marketplace, we must respect our competitors. Take care that we do not appropriate or unlawfully use the information, material, products, intellectual property, or
proprietary or confidential information of anyone including suppliers, customers, business partners or competitors.
Governmental Relations
While all our clients are treated with respect, we should be especially careful while dealing with government clients. There are significant penalties in many countries, including
debarment and monetary penalties for organizations that fail to follow the law while working for government clients. The principles set out in Section B of this Code of Conduct
‘Ethics in Our Business Activities” and Anti-Bribery and Anti-Corruption Policy of the Company must be strictly followed by all who interact with government officials especially with
respect to gifts and entertainment. We should not attempt to influence government employees in any manner other than what is agreed in our contractual arrangement with the
government. Employment opportunities for former government officials must not be discussed without first seeking guidance and approval of the Office of Integrity and
Compliance. Similarly, we should not initiate discussions for any contract with any business in which a government official or employee holds a significant interest, without the prior
approval of the Office of Integrity and Compliance. Reach out to OIC@infosys.com for approvals.
Selecting Suppliers
The Company’s suppliers make significant contributions to our success. We strive to create an environment where our suppliers are confident that they will be treated with respect.
We select our significant suppliers or enter into significant supplier agreements though a competitive bid process where possible. For more information, read our Supplier Code of
Conduct.
42 | Code of Conduct and Ethics                                                          Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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                                  If you are a senior officer, you should seek to ensure that the internal controls and procedures in
                                  your business area are in place, understood and followed.
                                  Additionally you should take every precaution, whether you are otherwise required to be familiar
                                  with finance or accounting matters or not, to ensure that every business record or report with
                                  which you deal is honestly filled in, accurate, complete and reliable. For more information, refer to
                                  the Policies on Reimbursement of Official Expenses. Additional policies may be applicable, based
                                  on your location.
43 | Code of Conduct and Ethics         Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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Auditors
Our outside auditors have a duty to review our records in a fair and accurate manner.
We must cooperate with them in good faith and in accordance with law. We must never
mislead them in any manner regarding financial records, processes, controls or
procedures or other matters which they may enquire about.
44 | Code of Conduct and Ethics                                                             Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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Unless released in writing by the Legal Department, a legal hold remains effective. If you have any questions about a legal hold, contact the person who has sent you the notice of
legal hold.
Record Retention
All Company records shall be maintained in accordance with our Document Retention and Archival Policy.
45 | Code of Conduct and Ethics                                                        Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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Do Not
                       Enter information in the               Establish any undisclosed or                                  Enter into any transaction or
                       Company’s records that hides the       unrecorded fund, account, asset or                            agreement that could affect the
                       true nature of any financial or non-   liability for any improper purpose.                           accurate and timely recording of
                       financial transaction or result.                                                                     revenues or expenses.
46 | Code of Conduct and Ethics                                            Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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Investigations                                                                                        Acknowledgement
We have put in place a process to review and investigate all potential legal or Code                  Employees and our Board of Directors are required to acknowledge that they have
violations. Investigations will be conducted in confidence and will be respectful and fair.           read and understood the Code. Our Independent directors may be required to
If an allegation is substantiated by an investigation, the appropriate management team                acknowledge acceptance of the Code for Independent Directors as well. You must
will review the findings and determine the final outcome. Should you report a potential               remember that under no circumstances does your failure to read our Code, sign an
violation in good faith, you are assured of all support by the Company. This support is               acknowledgement or certify online exempt you from your obligation to comply
extended to any person who is assisting in any investigation or process with respect to               with our Code.
such a violation as well. You can report any potential violation in good faith without ever
worrying, for instance if it will affect you professionally. Any such retaliation may be
immediately reported to the Helpline. If you are the subject of an external investigation,
you should immediately report this to your manager unless it is prohibited by law.
                                                                                                      Waivers
                                                                                                      Any waiver of our Code requires the prior written approval of the Office of Integrity
Amendments/Modifications                                                                              and Compliance or, in certain circumstances, the Board of Directors or a committee
                                                                                                      thereof. Waivers will be promptly disclosed as required by applicable law.
to Our Code
Our Company’s Board is responsible for approving and issuing the Code. The Code was
first effective on April 10, 2003, with revisions through July 12, 2019 and October 13,
2021. Our Code is reviewed annually to determine whether revisions may be required
due to changes in the law or regulations, or changes in our business or the business
environment. The Board of Directors must approve any changes to our Code.
47 | Code of Conduct and Ethics                                                           Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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Disciplinary Actions
If you violate our Code, the Company will take appropriate
disciplinary action.
The matters covered in this Code are of the utmost importance to the Company, its shareholders and
its business partners, and are essential to the Company’s ability to conduct its business in accordance
with its stated values. We expect all of our directors, officers, employees and third party agents to
adhere to these rules in carrying out their duties for the Company.
We take violations of this Code, Company policies and applicable laws seriously. Where appropriate,
the Company takes prompt corrective action, up to and including termination of employment. We
strive for consistency and fairness in discipline for Code violations. Discipline may include a verbal or
written warning; suspension with or without pay; loss or reduction of bonus or stock options; or, for
the most serious offenses or repeated misconduct, termination of employment.
Any disciplinary action depends on the nature, severity, and frequency of the violation. It may vary
depending upon local law. Please understand that those who violate the laws or regulations
mentioned in the Code could expose themselves and the Company to substantial civil damages and
criminal penalties.
48 | Code of Conduct and Ethics                                                           Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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SPEAK
                                                                                                                                                           CONTENTS        RESOURCES       BACK      NEXT
Confidential
Toll-free 24/7       UP
Report your concerns to your manager, Human
Resources manager, or the Helpline.
                                                       Use the helpline to report:
                                                         Inaccuracy of financial records
The helpline numbers are :                               Accounting and auditing irregularities
 U.S. Toll Free #: 1-800-236-6618                       Bribery, corruption or illegal payments
 U.K. Toll Free #: 0-808-189-1043                       Criminal conduct and violations of law
 India Toll Free #: 000-800-100-4380                    Discrimination and harassment
 You can also report at http://oic.infosys.com          Conflicts of interest
 Local helpline numbers are available at
   http://oic.infosys.com
If you have concerns about reaching out to the Chief Compliance Officer, your report
may be made to the Audit Committee of Infosys at Audit.Committee@infosys.com.
For more details, read the Company’s Whistleblower Policy available on the Infosys
intranet and on the Infosys website at:
https://www.infosys.com/investors/corporate-governance/documents/whistleblower-
policy.pdf.                                                                                       Retaliation is against our values
If you have concerns relating to your fellow employees’ behavior, you can also reach out          All such reports may be made without fear of reprisal and with the assurance that
to HEAR@infosys.com.                                                                              the Company is behind you. Threats, retribution or retaliation against any person
                                                                                                  who has in good faith reported a violation or a suspected violation of law, this
Grievances relating to sexual harassment may be raised by writing to GRB@infosys.com.             Code or other Company policies, or against any person who is assisting in any
                                                                                                  investigation or process with respect to such a violation, is prohibited.
49 | Code of Conduct and Ethics                                                       Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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If I have questions concerning the meaning or application of the Company Code of Conduct and Ethics, any Company policies, or the legal and regulatory requirements applicable to
my job, I know I can consult my manager, the Office of Integrity & Compliance, the Human Resources Department or the Legal Department, knowing that my questions or reports to
these sources will be maintained in confidence.
Please sign and return this form to the Human Resources Department.
50 | Code of Conduct and Ethics                                                          Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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INDEX
Anti-competitive                                     19, 40    Facilitation Payment                              19, 20, 23                   Non Retaliation                                              14
Anti-corruption                      19, 21, 22, 23, 24, 42    Family and Friends                                    25, 29                   Outside Directorships                                        29
Books and Records                                        22    Financial Records                                     44, 49                   Outside Employment                                           29
Boycott                                                  27    Gifts and Entertainment                           16, 22, 42                   Political Activities                                 16, 31, 37
Bribery                              19, 20, 21, 22, 42, 49    Government Officials            19, 20, 22, 23, 24, 31, 42                     Record Retention                                             45
Business Partners                                    42, 48    Harassment                                   16, 17, 18, 49                    Related Party                                                29
Cash                                         21, 22, 23, 37    Insider Trading                                   23, 24, 25                   Reporting                                       29, 43, 44, 48
Company Assets                               16, 33, 36, 37    Intellectual Property                        16, 35, 37, 42                    Retaliation                                       5, 14, 47, 49
Company Records                                          45    Internet                                                   36                  Safe Work                                                    18
Confidential Information          16, 33, 34, 36, 37, 39, 42   Intimidation                                               18                  Environment                           5, 6, 14, 17, 18, 42, 47
Confidentiality                              33, 34, 37, 39    Inventions                                                 35                  Security                                    18, 25, 34, 36, 37
Conflicts of Interest                    28, 29, 30, 41, 49    Investigations                   9, 14, 16, 45, 47, 48, 49                     Sexual Harassment                                            49
Copyrights                                           35, 37    Investments                                           21, 29                   Social Media                                                 30
Corruption                                       16, 19, 20    Invoices                                              23, 27                   Subsidiaries                                                 14
Data                                             26, 34, 37    Kickbacks                                             19, 20                   Suppliers                 14, 16, 20, 29, 34, 38, 39, 40, 42
Discrimination                               16, 17, 18, 49    Legal Hold                                                 45                  Third Parties                          16, 20, 23, 24, 34, 39
Diversity                                                17    Loans                                                 21, 29                   Trademarks                                               35, 37
Emails                                                   34    Manager                 10, 13, 14, 15, 29, 37, 41, 47, 49                     Violence                                                     18
Export Controls                                          26    Media Inquiries                                       35, 36
51 | Code of Conduct and Ethics                                                          Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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INDEX OF POLICIES
   Anti-Bribery and Anti-Corruption Policy                     Policy on Reimbursement of Official Expenses in India
 Corporate Policy Statement on Investor Relations  Reimbursement of Official Expenses outside India
52 | Code of Conduct and Ethics                        Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
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53 | Code of Conduct and Ethics   Office of Integrity & Compliance | U.S. TF #: 1-800-236-6618 - U.K. TF #: 0-808-189-1043 – India TF # 000-800-100-4380
                                                              http://oic.infosys.com | OIC@infosys.com | © 2022 Infosys Limited. All rights reserved.