Investor Presentation - Infosys

1 Investor PresentationFebruary, 2018 Safe Harbor2 Certainstatementsinthispresentationconce rningourfuturegrowthprospectsareforward- lookingstatementsregardingourfuturebusin essexpectationsintendedtoqualifyforthe's afeharbor'underthePrivateSecuritiesLitig ationReformActof1995, whichinvolvea ,butarenotlimitedto,risksanduncertaintie sregardingfluctuationsinearnings,fluctua tionsinforeignexchangerates,ourabilityto managegrowth,intensecompetitioninITservi cesincludingthosefactorswhichmayaffectou rcostadvantage,wageincreasesin India,ourabilitytoattractandretainhighly skilledprofessionals,timeandcostoverruns onfixed-price,fixed-timeframecontracts,c lientconcentration,restrictionsonimmigra tion,industrysegmentconcentration,ourabi litytomanageourinternationaloperations,r educeddemandfortechnologyinourkeyfocusar eas,disruptionsintelecommunicationnetwor ksorsystemfailures,ourabilitytosuccessfu llycompleteandintegratepotentialacquisit ions,liabilityfordamagesonourservicecont racts,thesuccessofthecompaniesin whichInfosyshasmadestrategicinvestments, withdrawalorexpirationofgovernmentalfisc alincentives,politicalinstabilityandregi onalconflictsandinabilitytoaccuratelypre dicteconomicorindustrytrends,legalrestri ctionsonraisingcapitaloracquiringcompani esoutsideIndia,andunauthorizeduseofourin tellectualpropertyandgeneraleconomiccond itionsaffectingourindustry.

2 Additionalrisksthatcouldaffectourfutureo peratingresultsaremorefullydescribedinou rUnitedStatesSecuritiesandExchangeCommis sionfilingsincludingourAnnualReportonFor m20-FforthefiscalyearendedMarch31, 2017 . Infosysmay,fromtimetotime,makeadditional writtenandoralforward-lookingstatements, includingstatementscontainedinthecompany ' ,pleasenotethatthedateofthispresentation is mentionedatthebeginningofthepresentation ,andanyforward-lookingstatementscontaine dhereinarebasedonassumptionsthatwebeliev etobereasonableasofthisdate. Thecompanydoesnotundertaketoupdateanyfor ward-lookingstatementsthatmaybemadefromt imetotimebyoronbehalfof thecompanyunlessit is overview*Based on Q3FY18 numbers@ New Services include Cloud Ecosystem, Big Data and Analytics, API and Micro services, Data and Mainframe Modernization, Cyber Security, IoTEngineering Services. #As of last day of the quarter based on closing NYSE price3LT M Revenues ($/INR)*$ billion/ 69,559 crsLT M Net Income ($/INR)*$ billion/ 15,941 crsNewservices & of revenuesEmployees (December-17)201,691 from 126 nationalitiesMarket cap (December-17)

3 #$ billionGlobal ListingNSE, BSE, NYSE, NYSEE uronext London, NYSE Euronext ParisBusiness ModelTo provide integrated end-to-end outsourcing and consulting services, products andplatforms4 Automation New- Renew Innovation Design thinking Artificial IntelligencePeople | Organization | Infrastructure | Process | Quality Infosys Global Delivery Model19811996200120082014 Expanding the services footprintADM,Software re-engeneeringTechnology Consulting, Technology enabledBPR, EnterpriseSolutionsIT outsorcing, Systems Integration, Infrastructure Manageemnt, ProductLifecycle ManagementSaaS,Learning, Consulting, Business Process ManagementAutomation,Renew-New, Innovation, Design Thinking, Artificial Intelligence Strategy and approach to market 5 Strategy Renew-New strategy -Doing more with less for more Combine Automationand Innovationled by a culture of education and learning with emphasis on Design Thinking Drive new opportunities in business through end-to-end service capability.

4 Deep vertical penetration and broad geographical footprintApproach to market One INFY helping clients leverage full service potential Cross-selling sell more services to clients Vertical focus to create industry-specific expertise Investingin people and infrastructure Creatingproducts and platformsA Renew-New strategy to embrace future6 RENEWTHECORE BUSINESSoReimagined core service linesoImproved end user productivityoImplemented how innovationsINNOVATE INTONEWBUSINESSoIntegrated design thinking into consultingoImplemented what innovations oCreated living labs to co-create with clientCULTUREof EDUCATION & COLLABORATIONoInstituted learning through world s largest corporate design thinking training for Client Relationships and Increasing Client Base7 Execution excellence resulted in high share of repeat business ( in Q3 FY 18)798 890 950 1,092 1,162 1,191 FY 13FY 14FY 15FY 16FY 179m FY 18 Increasing client base3114329714228361220FY 139m FY18`Large, Growing Client Relationships1-10 mn10-50 mn50-100 mn100 mn+Market Opportunities8 Global Mega Trends Asia New center of gravity for the world Geography becomes History with reduced telecommunication costs Technology the supreme enabler Differentiated access to highly educated.

5 Cost-competitive human capital Leading the Next-Generation Business Model and investing in innovations and business solutions Redefining scalability with modular global infrastructureInfosys Transformation PartnerOffshore Outsourcing is a Global Mega Trend9 Outsourcing Benefits Convert fixed costs to variable Reduce TCO and enhance ROI Improve competitiveness Improve time-to-marketOffshore Benefits Deliver high quality at great value Highly scalable with a large resource pool available Proven track recordCompetitive Situation10 High Quality Delivery and Offerings Established track record of exceptional quality Expanded offerings that encompass the entire value chainEstablished Industry IT-BPM continues to remain the highest impact sector for India amongst all service industries in terms of contribution to GDP and exports Offshore home for virtually all the leading technology companiesStrong Government Support Tax Holiday schemes Supportive Government policy environmentSignificant Benefits Substantial cost savings associated with moving offshore Large intangible benefits such as reduced time to marketIndia Uniquely positionedDeveloping and Retaining the Best11 Learningsupporttoemployeestowardsnewtech nologiestherebyenhancingcareerprogressio nwhichimproveslong-termretention 1300+uniqueemployeestrainedoncriticalski llsin FY17 Trainedover142,000+ employeesindesignthinking Q3 FY18.

6 Highperformerattritionsignificantlylower thancompanyaverage InitiativeslikeZeroDistanceandZeroBencha reinstillinga cultureofinnovationLeadership DevelopmentLeadership TrainingAdvanced TrainingManagerial TrainingClient-facing TrainingDomain TrainingRole-Based DevelopmentSoft Skills TrainingQuality TrainingOn-the-job TrainingFoundation TrainingRole-Based DevelopmentInductionConsistent Revenue Growth121,991 2,755 $1,500$1,700$1,900$2,100$2,300$2,500$2,7 00$2,900Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4 Q1Q2Q3FY14FY15FY 16FY17FY18 Quaterly Revenue (US $ million)Sustained Profitability13418 796 $350$400$450$500$550$600$650$700$750$800 $850Q1Q2*Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q 2Q3^FY14FY15FY 16FY17FY18 Operating Margin % Quarterly Net Income (US $ million)Flexible cost structure helps Infosys maintain high margins*Q2 FY14 include a provision of $36 mntowards visa related matters^Q3 FY18 includes $ 225 mnof reversed income tax expense provision in accordance with "APA" which pertains to previous periodCost Optimization Initiatives14 Revenue per employee:Continued productivity improvements led to high revenue per employee of $52,676 in Q3, growth of QoQand YoYSUBCON COST:At in Q3 FY 18 led by higher utilization and onsite talent demandUTILIZATION EX-TRAINEES:Highest utilization in 15 years at in Q3 FY 18.

7 Utilization including trainees continues to remain highest ever at MIX:At , v/s QoQ, lowest level in last 11 quartersStrong and Liquid Balance Sheet 15 Highly liquid (Liquid assets including cash and cash equivalents and investments stand at$4,538 mnas at December 17, post an outflow of $2 bntowards share buy back in December 17), Zero debt Cash generated from operations stands at $657 mnvs. $441 mnin Q2 FY18 Consistent shareholder s returns 13FY 14FY 15FY 16FY 17FY 18 Dividend of Capital Allocation Policy 16 Prior to FY 14 April-14 April-15 April-1730% of NP40% of NP50% of NP70% of FCFoBoardhasreviewedthecapitalallocation policyonmultipleoccasionsandrevisedit toincreaseshareholderreturnsoInApril-17, theBoardidentifiedanamountofupto 13,000crore($2billion)tobepaidouttoshare holdersduringFinancialYear 2018oInAugust 17,theBoardapproveda proposaltobuybackfullypaidupequityshares foranamountnotexceeding 13, priceof 1,150pershareoInDecember 17,thecompanysuccessfullycompletedthebuy backofapp.

8 113millionequitysharesfromeligibleshareh oldersFCF refers to Free cash flow, defined as net cash provided by operating activities less capital expenditure as per the consolidated statement of cash flows prepared under IFRS We are a responsible corporate citizen*17 Environmental Sustainability Reduced per capita electricity consumption by 51% * million sqft. of built up area is LEED Platinum certified of our overall electricity requirements met through renewables We joined the Carbon Pricing Leadership Coalition (CPLC) Pune Phase 2 is the world s largest LEED Platinum Certified campus*while employee strength increased 143% our electricity consumption only increased by 19% Women make up 36% of our workforce; By 2020, our aspiration is for women to account for 25% of our leadership. The Practice Guidelines to integrate employees with disabilities and accessible infrastructure across our India campuses were primary initiatives for EwD Our target for Non-Indian nationals is to reach 15% of our workforce by 2020 We achieved the best Customer Satisfaction scores in 12 years 16,551 ZD ideas created with over 8,368 discussed with clients Over the years we have won 12 Global MAKE (Most Admired Knowledge Enterprise) awards DiversityBusinessSustainability*As of March, 2017 Challenges18 Economic uncertainty Regulatory changes Currency Volatility Pricing pressures Wage inflation Volatility in global IT spend - discretionary & non-discretionary Resource availability 2015 InfosysLimited,Bangalore,India.

9 AllRightsReserved. Infosysbelievestheinformationin thisdocumentis accurateasofitspublicationdate;suchinfor mationis subjectto changewithoutnotice. Infosysacknowledgestheproprietaryrightso fothercompaniestothetrademarks,productna mesandsuchotherintellectualpropertyright smentionedin thisdocument. Exceptasexpresslypermitted,neitherthisdo cumentationnoranypartofit maybereproduced,storedin a retrievalsystem,ortransmittedin anyformorbyanymeans,electronic,mechanica l,printing,photocopying,recordingorother wise,withoutthepriorpermissionof You