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Investor Presentation Certain statements in this presentation concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders 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 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 COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2021. 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 STRONG REVENUE MARKET CAP GROWTH US$90 bn* US$14.23 bn LTM Revenue 8.7% Y/Y CC growth HIGH DIGITAL SHARE LIQUID AND DEBT FREE BALANCE SHEET US$7.22 bn LTM/ 50.7% of revenue Cash & cash equivalents 33.3% Y/Y CC growth US$5.08 bn (34% of total assets) STRONG OPERATING FREE CASH FLOW PROFIT / MARGIN US$3.11 bn LTM US$3.51 bn LTM / EMPLOYEES Margin at 24.7% 268K with 3 38.8% women As of Q1 FY22 * MarketCap on 30-Jun-2021 A global company with presence in 50+ countries North America 61.7% Europe 24.2% Rest of World 11.2% India 2.9% 4 Segment data for Q1 FY22 33.0% Insurance Financial Services 8 of the top 10 US Banks Consumer Packaged 15.0% 7 of the top 10 Global Banking Goods & Logistics Retail Insurance Companies All of the top 10 global Retail CPG companies 2.9% Others Serving 188 of Fortune 6.8% Life Sciences 12.2% 9 of the top 10 Global 500 Companies Communications Pharma Companies 5 of the top 10 global telcos 8.3% Hi Tech 12.1% 11 of the top 20 Energy, Utility, Resources & Services global hi-tech Companies 4 of the top 5 global O&G supermajors 9.7% Manufacturing 5 All the top 10 Global auto companies Segment data for Q1 FY22 We are a pioneering company with Digital revenues cross 50% mark Crosses Rs100k crore in revenue Largest Indian Completes Incorporated First Indian company listed secondary ADS offering US listing US$2 billion Announces in Pune on NASDAQ of US$1.6 billion transfer to NYSE share buyback ESG Vision 2030 1981 1993 1999 2004 2006 2008 2012 2016 2017 2018 2021 Gets listed on Crosses US$1 billion in Selected as original member Crosses Another US$2 billion BSE / NSE revenue of The Global Dow US$10 billion capital return in revenue Unveils Navigate your Next strategy 6 Strong Corporate Governance Corporate Social Sustainability Responsibility Scale Agile Energize Expand Drive Digital the Core Skilling Localization 7 1453 350 4.8% 10% 1096 4.1% 167 793 11% 74 2010 2018 2024 2010 2018 2025 Global IT services spend ($ bn) Indian IT services market ($ bn) We are a leading player in an industry projected to grow in double digits 8 Source: Gartner - Forecast: Enterprise IT Spending by Vertical Industry Market, Worldwide, 2010-2016, 4Q12 Gartner - Forecast Alert: IT Spending, Worldwide, 3Q20 Update, Oct 13, 2020 | DeitY, GoI; Nasscom Perspective 2025 Growth numbers are in CAGR terms OUR VISION IS TO BE a globally respected corporation that provides best-of-breed business solutions, leveraging LEVERAGING A technology, delivered by best-in- CULTURE THAT IS class people powered by intellect and driven by values OUR STRATEGY WE WILL DO THIS BY RESULTING IN Staying relevant to our consistent, profitable growth clients for them to for our stakeholders “navigate their next” 9 The technology-led transformation of our clients’ businesses is creating new demand, but also new competitors 1 The demand for quality talent Traditional IT services are in new areas is rising globally, 4 2 rapidly commoditizing increasing costs for attraction, resulting in higher retention and reskilling bargaining power for our clients 3 The rising but disruptive promise of automation 10 Scale Agile Energize the Expand Skilling Drive Digital Core Localization Invest in digital Infuse AI and Re-skill talent at Hire locally in capabilities and automation scale for markets, local priority services us and our clients delivery and training 11 Differentiate end-user experience Monetize & leverage big data Increase velocity of product and business model innovation Modernize and automate legacy process and technology assets Secure technology infrastructure and assure business performance 12 Impactful solutions to complex challenges Increased relevance with local talent Holistic digital solutions Emerging-tech innovation hubs Design studios for co-innovation Innovation ecosystem access Targeted acquisitions & partnerships Local recruitment and training Agile service delivery Capability Building at scale Full-stack, agile trained workforce Wingspan: Digital platform for Redesigned agile workplaces continuous learning Distributed agile methodologies and frameworks Strategic e-content alliances Infosys Knowledge Institute Assets for a hyper-productive enterprise 40K+ automation components & partnerships, Nia 13 AI-based industry platforms: Finacle, McCamish, Stater, Edge Methodologies for operational efficiencies Sustained Leaders – 16 | First time leaders – 24 | Moved to Leaders – 8 ACCELERATE INSIGHT Oracle / AI Driven Salesforce SAP/SAP Cloud Migration Microsoft End to End Services Business Analytics Cloud Business Analytics Data & Analytics Oracle Cloud Cognitive apps Application EXPERIENCE Hyperscalers – AWS, Azure, GCP Cloud Native ServiceNow Management Digital Process Digital Experience Application & Employee Experience Automation Cloud Infrastructure Salesforce Multicloud Supply Chain Learning Consulting Digital Banking Commerce & Digital Platforms Application & Digital Capital Markets INNOVATE Insurance App & Digital Services CX, DTX Digital Workplace Services Enterprise ER&D Blockchain Technology Services Engineering Services Digital Associates Digital Transformation Blockchain Services Software Product ASSURE Digital Manufacturing IoT Services Engineering Quality Engineering Application Testing Accelerate Platforms and Reengineer internal automation micro-automation assets the corporation led by across landscapes for large programs AI services and apps, platforms 1M+ 40K+ 100K+ Business apps USE CASES COMPONENTS EMPLOYEES powered by e.g. Next-gen chatbots, deployed in Digital Nia, McCamish, Genome, Hawkeye Stater, Finacle 15 PARTNERSHIPS Strategic alliances for external content integration 94% INFOSCIONS on the Lex platform Largest residential The platform houses over corporate training center globally in Mysore 305,000 2,100 Can train resources courses 15,000 employees simultaneously 16 Campus hiring Innovation Hubs lab at 19,000+ across US and EU Melbourne Local USA hires* 8 5G Global digital Global Cyber ~5,300 studios Defense centers Campus hires 9 7 25,000 17 Operating Profits ($ bn) 3.3 2.7 2.7 2.7 2.5 Total employees (‘000) 260 Revenues ($ bn) 242 13.5 FY 17 FY 18 FY 19 FY 20 FY 21 12.8 228 11.8 10.9 Free Cash Flow ($ bn) 10.2 3.0 200 204 48.5% 39.2% 31.2% 25.5% 2.1 1.9 1.9 1.7 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 FY 17 FY 18 FY 19 FY 20 FY 21 18 * Digital revenues have been reported since FY18 Digital Onsite Mix 29.8% 29.3% 28.6% 28.1% 14.1 Large deal TCV ($ bn) $100mn clients 25.8% 32 9.0 28 FY 17 FY 18 FY 19 FY 20 FY 21 25 Utilization 6.3 84.6% 20 84.3% 84.7% 19 84.0% 3.5 3.1 81.7% FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 New wins FY 17 FY 18 FY 19 FY 20 FY 21 19 42.1% YoY 16.9% YoY 23.7% 22.6% YoY $2.6 bn CC Digital growth 4.8% QoQ Operating margin Increase in EPS Large deal signings (` terms) CC Revenue growth GUIDANCE FY 22 revenue growth guidance increased to 14% - 16% in
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