PRESENTATION

Certain statements in this presentation concerning our future growth prospects, our future financial or operating performance, and the McCamish cybersecurity
incident are forward looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number
of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and
uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased
competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a
hybrid working model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and
evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market
position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, the outcome of pending litigation, the
amount of any additional costs resulting directly or indirectly from the McCamish cybersecurity incident, and the outcome of the government investigation.
Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US
Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2025. These filings are available at
www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings
with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that
may be made from time to time by or on behalf of the Company unless it is required by law.

2
 Company Overview

Industry Context and Infosys

Client Centric Strategy

Generative AI - TOPAZ

Financial Performance

Shareholder Value Creation

Environmental, Social & Governance (ESG)

3
4
 STRONG REVENUE GROWTH STRATEGIC CLIENT RELATIONSHIPS
5-year FY25 CAGR at 8.6% Digital partner-of-choice for clients
Doubled $100M+ clients since FY18
US$19.5 bn LTM Q1 FY26 Revenue

Return on Equity (ROE) MARKET CAP

30.4% US$77 bn*

STRONG AND DEBT FREE

OPERATING PROFIT / MARGIN
US$4.1 bn LTM Q1 FY26 BALANCE SHEET
Margin at 21.1% LTM Consolidated cash & investments
US$5.3 bn

EMPLOYEES FREE CASH FLOW

323K+ with US$3.9 bn LTM Q1 FY26
39% women
Data as of Q1 FY26
5 * Market Cap on 30-Jun-2025
 We are a

A global company
with presence in 55+ countries
North America 56.5%

Europe 31.5%

Rest of World 9.1%

To be a globally respected corporation that
India 2.9% provides best-of-breed business solutions,
leveraging technology, delivered by best-in-class
6 people
Segment data for Q1 FY26
with the global economy and market leaders
27.9%
Financial Services
9 of the top 10 US banks
7 of the top 10 global insurance companies
2.7%
Others 16.1%
Manufacturing
9 of the top 10 global auto companies
6.5% Life Sciences
8 of the top 10 global Serving over 200 Global
pharma companies
Fortune 500 Companies 13.4%
Retail
7.8% Hi Tech 8 of the top 10 global
14 of the top 20 global
CPG companies
hi-tech companies
8 of the top 10 in retail

12.0%
Communications
13.6%
9 of the top 10 global telcos Energy, Utility, Resources & Services
8 of the top 10 global O&G supermajors

7 Segment data for Q1 FY26

We are a pioneering company with

Crosses `100k crore

Largest Indian Completes
secondary ADS US$2 billion in revenue Launched
Incorporated First Indian company offering of US listing share Announces Topaz, our First
in Pune listed on NASDAQ US$1.6 billion transfer to NYSE buyback ESG Vision 2030 Gen AI offering

1981 1993 1999 2004 2006 2008 2012 2016 2017 2018 2021 2022 2023

Gets listed on Crosses US$1 billion Selected as Crosses Another US$2 billion Crosses $100 bn
BSE / NSE in revenue original member of US$10 billion capital return in market cap
The Global Dow in revenue
Unveils Navigate
your Next strategy

8
 78% History of
Independent firsts for an
directors
Indian company
Guided by our stakeholders 87% To introduce ESOPs
Public
shareholding To voluntarily adopt
US GAAP and IFRS reporting

CLIENTS EMPLOYEES COMMUNITY

~11%
ADR float
and comply with SOX
• Business Value • Career Opportunities • Access to Healthcare To publish quarterly
• Innovation • Health and Safety • Access to Education
audited financials
22%
• Learning and development • Improving Livelihoods

Women To be listed on NASDAQ

Board members
To facilitate ADR participation
GOVERNMENT/
REGULATORY BODIES
SUPPLIERS AND INVESTORS Professional in Indian share buyback
ALLIANCE PARTNERS Management Team
• Good Governance • Long-Term Partnership • Sustainable Performance
• Compliance • ESG Enabled Businesses • Stability
• Reputation
Listed at
9 BSE, NSE and NYSE
 58 “Digital Leader”
ratings across offerings of Digital Pentagon
by industry analysts in FY25
(24 in FY18)

▪ Significant market share gain

▪ Doubled $100M+ accounts since 2018
▪ FY25 large deal wins of $11.6 bn, 56% net new

10
 Strong Corporate
Governance

to create
Shareholder Value

Corporate Social
Sustainability
Responsibility

Scale Continue Next Gen AI, People Care

Cloud intensity generation Automation, and
Business in Digital seeding Modernization Development

11
12
Large and growing

2,355
CAGR 8.4%

1,577 1,096

2024 2029

Global IT services spend ($ bn)

We are a leading player in an industry projected to grow at high single digits

13 Source: Gartner – Enterprise IT Spending by Vertical Industry Market Worldwide, 2024-2029

We are implementing our strategy
in a context that is witnessing
The technology-led transformation
of our clients’ businesses is
creating new demand, but also
new competitors

The demand for quality talent

4 2 Traditional IT services are
in new areas is rising globally, rapidly getting commoditized
increasing costs for hiring,
retaining and reskilling 3
The rising but disruptive
promise of AI and automation

14
Infosys

Global IT services business model Infosys Advantage+

Growing market for organization wide Global scale operator with focus on Digital
technology transformations Deep and lasting client relationships
Geographic spread Integrated and broad suite of service and solutions
Industry and client diversification Innovation ecosystem coupled with partnerships and alliances
Multi-currency order book Investments in new service and technology offerings
Limited-energy dependence and low Localization strategy across geographies
environmental footprint
Rapid reskilling and refactoring of workforce
Asset light operations
Liquid and debt free balance sheet with strong cash flows
Predictable and well-articulated capital allocation policy
Responsible M&A aligned to business strategy
Strong governance credentials with wide shareholder base,
independent board and US listing
15
16
 Continued focus on client relevance and execution

Scale Continue Next Gen AI, People

cloud intensity in generation automation, care and
business Digital seeding modernization development
Cloud advisory, data on Expanding capabilities Investment in digital To be a navigator for Strengthening our
cloud, cloud security, to support client in their natives, new geos and our clients as they human capital &
SaaS, PaaS, IaaS and digital transformation new tech areas ideate, plan and employee value
journeys
private cloud execute their advanced proposition for the
automation journeys newer contexts of work

17
 Strategic elements-

Market leading capabilities: Proprietary

Key Highlights
Tools and Offerings

Infosys recognized as Leader in

• The Forrester Wave : Application Modernization and Multicloud
Managed Services, Q1 2025
IaaS/Public IaaS/Private SaaS PaaS
• IDC MarketScape: EMEA Industry Cloud Professional Services
2024-2025 Vendor Assessment

• ISG Advanced Analytics and AI Services 2024 Provider lens

study in US and Europe

• Microsoft Azure Services PEAK Matrix® Assessment 2024 by

Data on Cloud Cloud Advisory, Industry
Everest Group
Security Design and solutions
Migration

18
 Strategic elements-

Market leading capabilities: Proprietary Tools and Offerings Key Highlights

Infosys recognized as Leader in

• Everest Group: Microsoft Modern Work
Services PEAK Matrix® Assessment 2025
Digital
Data, Enterprise • HFS Horizons: The Best of Engineering
engineering Research and Development Service
analytics, AI tech
services Providers, 2025

• Constellation Research: Constellation

ShortList Cross-Platform Agentic AI

• The Forrester Wave : Modern Application

Development Services, Q1 2025
IoT Cybersecurity Experience

19
 Strategic elements-

Digital Natives Europe New Technologies Sustainability

Key Highlights Key Highlights Key Offerings Key Recognitions

Investment in building strong • Second largest geography with • Infosys Metaverse Foundry fast- • Recognized as a leader in ISG
partnerships with cloud ~30% revenue contribution; 5-year tracking virtual and augmented Sustainability and ESG 2024
hyperscalers and SaaS FY25 revenue CAGR at ~13% environments adoption Provider lens study in Australia,
providers US and Europe
• Expanded localization and talent • Infosys Center for Emerging
development in Europe Technology Solutions incubating • Honored with multiple awards at the
NextGen services Asset ESG Corporate Awards 2024

20
 Strategic elements-

Next generation BPM

Advanced ADM
• Bridge between core services and digital/cloud

Modernization
• Zero Disruption Modernization

AI, machine learning, automation

• Automated intelligent processes
• Low touch, high impact ecosystem

21
 Strategic elements-

Faster and predictable

career progression
• Accelerate career growth
• Skill based differential compensation
• Higher internal fulfilment

Enhanced employee engagement Extensive re-skilling for all

• Attract with brand as a talent magnet • Digital, Cloud and Generative AI
• Engage and Empower • Full stack
• Incentivize learning culture • Certifications and skill-based
recognition

22
23
 We have AI is now a part
applied AI first to of all our
ourselves services

We are uniquely
configured
internally to
Our platforms are AI address AI Our people are AI
augmented
ready
and connected

24
Our Sales is AI driven
 Digital First Cloud First AI First

▪ 12,000+ AI assets; 150+ pre-trained AI models; 10+ platforms ▪ ‘Responsible by design’ approach
▪ AI-first specialists and data strategists ▪ Small language models built on proprietary datasets

▪ Our comprehensive AI offering including Generative AI to accelerate business value for global enterprises Read More

▪ Infosys received ISO 42001:2023 Certification for Artificial Intelligence Management System Read More

▪ While only 2% are ready, most companies expect productivity gains of 10-40% with Enterprise AI: Infosys Research Read More

▪ Capitalizing on Growth: Why Financial Services Firms Need a Unified AI Strategy Read More

25
 AIOps

Generative AI

AI Hyperscalers

AI Vision

AI Startups

26
 400 generative AI projects

10 million lines of code generated by AI last year

300 agents developed

30 agent AI engagements

20,000 employees using GitHub copilot for coding

Recognized as market leader by market analysts and advisors – leaders in 19

generative AI studies
27
28
Strong
Operating Profits ($ bn)

4.1
3.8 3.8 3.8
3.3

Revenues ($ bn)
Large Deal ($ bn)
CAGR 8.6%
18.6
19.3 FY 21 FY 22 FY 23 FY 24 FY 25

18.2 18.6
17.7
16.3
Free Cash Flow ($ bn)
14.1
13.6
18.6
11.6 4.1

3.0 3.1
9.8 2.9
9.5
2.5

FY 21 FY 22 FY 23 FY 24 FY 25
FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25
29
30
Index
 TSR focused

METRIC LONG-TERM OBJECTIVE FY25

FREE CASH FLOW GENERATION Maximize long-term growth of free cash flow conversion 129% of Net income

CAPITAL EXPENDITURE Invest to support new technology infrastructure development and drive organic growth. 1.4% of revenue

Return ~85% of free cash flow cumulatively over 5 years in the form of dividends and 85% of free cash flows
CASH RETURN
buybacks over FY25-FY29 cumulatively over 5 years
Expects to progressively increase its annual Dividend Per Share (excluding special dividend if
DIVIDENDS $ 2.1 bn
any) over FY25-FY29

* Key peers referred in the Infosys Expanded Stock Ownership Program 2019
31
 to creating investor value

Growth with Inorganic Progressive

1 strategic 2 moves aligned 3 capital
investments to strategy allocation
Scale Agile Digital with Invest in inorganic moves Returned 85% of free cash
key investments to expand client relevance flows cumulatively over
a 5-year period (FY20-FY24)
Go-to-market
Expects to return
localization
~85% Free cash flow
Acquisitions

capabilities
cumulatively over FY25 - FY29
Expects to progressively increase its
annual Dividend Per Share (excluding
special dividend if any)
Infosys Compaz is JV with Temasek
Hipus is JV with Hitachi, Panasonic, Pasona and Mitsubishi
Joint Ventures
Stater is JV with ABN AMRO
32
 Capital returned(2)
to shareholders
46.00 ` crore

88,411
38.00 43.00

22,624
34.00
>4X 31.00

63,794
27.00

3,313
21.75 21.50

21,337

62,474
16.75 17.50

4,721
17.50
15.00

37,736
15.00
12.88
12.13
11.13
8.00 #

17,817
5.00# 4.00 #
FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25
FY15-19 FY20-24 FY25
Capital 30% of 40% of 50% of
Allocation 70% of ~85% of FCF
NP NP NP FCF Regular Special
policy over 5-years Buyback
dividend dividend

`
(1)
Excludes Special Dividends. DPS figures are adjusted for Bonus issues.
(2)
Dividend amount is inclusive of Dividend Distribution Tax, as applicable. Buyback amount includes buyback tax
33 # Special dividend
 To drive medium term
operating margin expansion

Value based Efficient Automation & Improvement in Reduction of

selling pyramid Generative AI critical portfolios indirect costs

34
35
 people reached with digital skills,
Infosys Knowledge
including employees, clients’
Institute assets First India-
workforce, students, teachers, and
of electricity for our headquartered
communities
of the highest- India operations Company to receive
level green comes from client living labs approval from EU
certified space renewable sources data protection
fresh graduates women in the authorities
hired globally workforce
patents in the
portfolio
recycling of of waste diverted (granted/pending)
wastewater from landfills lives impacted through Tech for
Good initiatives

across our rural families across

campuses, India continue to benefit certified for AI certified for privacy
holding 430 million from our carbon offset patients onboarded to SightConnect, management information
liters of rainwater programs making eye care more accessible to all Systems management
storage capacity

deep injection wells suppliers engaged to certified for certified for

with a recharge enhance their climate information carbon
in 22 countries for best-in-class HR
capacity of over 20 performance security management neutrality
practices and processes
kiloliters

36
 Core areas Vision Material topics

Environment Serve the

preservation of our
Climate change Water Waste
planet by shaping Become climate positive in 2030 Reduce our water footprint and Reduce, reuse and recycle
and sharing enhance water availability in the to minimize waste,
technology solutions communities where we operate including
e-waste

Social Serve the

development of
people by shaping a Enabling digital talent Amplifying Nurturing workplace Employee wellness and
future with at scale communities Enable inclusivity experience
opportunities for
Foster diversity Ensure fulfilling
meaningful Facilitate skilling to and nurture
communities locally careers for our
opportunities for all ensure progress for all inclusion employees

Governance Serve the interests of

all our stakeholders
by leading through Corporate governance Data privacy Information management
our core values Be a leader and get benchmarked for Uphold the privacy of Uphold the digital trust
world-class corporate governance our data subjects of our stakeholders

37 Read more
and Accolades

Recognized as one of the top 3 companies (on Rated as Top 100 most valuable brand in the world by
combined basis) in 5 categories at the 2025 Asia Kantar BrandZ; Ranked among the most-trusted brands
Executive Team Survey by Extel (formerly in India and the US
Institutional Investor Research)

Recognized as one of the “Most Honored” Recognized as a Top 3 IT services brand and
companies, receiving multiple awards at the fastest growing IT services brand globally in
the 2024 All-Asia Executive Team the Brand Finance Global 500 2025 Report
Rankings from Institutional Investor

Recognized as one of the World’s Most Ethical Recognized as the Global Top Employer 2025 for the
Companies in 2025 for the fifth consecutive year fifth consecutive year by the Top Employers Institute
by Ethisphere

38
 Free cash to Net Profit was 109.3% We have positioned our company to We have developed a
Strong large deal TCV of $3.8 bn work with clients for their digital strong set of capabilities
in Q1 FY26 transformation as well as their cost in Generative AI with
efficiency and automation programs Topaz

Our Cobalt capabilities for Our approach of

the cloud continue to One Infosys is the
resonate with our clients foundation of this
39
THANK YOU

© 2025 Infosys Limited, Bengaluru, India. All Rights Reserved. Infosys believes the information in this document is accurate as of its publication date; such information is
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