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Certain statements in this presentation concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on ouremployees, clients and stakeholders are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Actof 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Therisks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of governmentand other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries aroundthe 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 highlyskilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segmentconcentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunicationnetworks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the successof the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regionalconflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economicconditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operatingresults are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal yearended 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 doesnot 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
MARKET CAPSTRONG REVENUEGROWTHUS 105 bn*US 16.31 bn LTM Revenue19.7% Y/Y CC growthLIQUID AND DEBT FREEBALANCE SHEETHIGH DIGITAL SHAREUS 9.30 bn LTM/ 57.0% of revenue41.2% Y/Y CC growthConsolidated cash & investmentsUS 4.94 bn (32% of total assets)STRONG OPERATINGPROFIT / MARGINUS 3.76 bn LTM /Margin at 23.0%3As of Q4 FY22* MarketCap on 31-Mar-2022FREE CASH FLOWUS 3.06 bn LTMEMPLOYEES314K with39.6% women
A global companywith presence in 50 countriesNorth America 61.4%Europe25.2%Rest of World10.2%India3.2%4Segment data for Q4 FY22
31.3%InsuranceFinancial Services8 of the top 10 US Banks7 of the top 10 GlobalInsurance CompaniesConsumer PackagedGoods & LogisticsBankingRetail14.3%RetailAll of the top 10 globalCPG companies3.0%OthersServing 184 of Fortune500 Companies6.6% Life Sciences9 of the top 10 GlobalPharma Companies12.0%Energy, Utility, Resources & Services11.8%Manufacturing5Segment data for Q4 FY22Communications5 of the top 10 global telcos8.2% Hi Tech11 of the top 20global hi-techCompanies12.8%All the top 10 Globalauto companies4 of the top 5 global O&G supermajors
We are a pioneering company withDigital revenues cross50% markIncorporatedin Pune1981First Indian company listedon NASDAQ1993Gets listed onBSE / NSE619992004Crosses US 1 billion inrevenueLargest Indiansecondary ADS offeringof US 1.6 billion20062008CompletesUS 2 billionshare buybackUS listingtransfer to NYSE2012Selected as original memberof The Global DowCrosses Rs100k crorein revenue2016CrossesUS 10 billionin revenue2017AnnouncesESG Vision 20302018Another US 2 billioncapital returnUnveils Navigate your Nextstrategy2021
Strong CorporateGovernanceCorporate SocialResponsibilitySustainabilityScale AgileDigital7Energizethe CoreExpandSkillingDriveLocalization
bal IT services spend ( bn)201020182025Indian IT services market ( bn)We are a leading player in an industry projected to grow in double digits8Source: Gartner - Forecast: Market Data Book, 2019-2025, 4Q21Gartner - Forecast: Enterprise IT Spending by Vertical Industry Market, Worldwide, 2010-2016, 4Q12Gartner - Forecast Alert: IT Spending, Worldwide, 3Q20 Update, Oct 13, 2020 DeitY, GoI; Nasscom Perspective 2025Growth numbers are in CAGR terms
The technology-led transformationof our clients’ businesses iscreating new demand, but alsonew competitors1The demand for quality talentin new areas is rising globally,increasing costs for attraction,retention and reskilling423The rising but disruptivepromise of automation9Traditional IT services arerapidly commoditizingresulting in higherbargaining power for ourclients
10Scale AgileDigitalEnergize theCoreExpand SkillingDriveLocalizationInvest in digitalcapabilities andpriority servicesInfuse AI andautomationRe-skill talent atscale forus and our clientsHire locally inmarkets, localdelivery andtraining
Differentiate end-userexperienceMonetize & leverage big dataIncrease velocity of product and businessmodel innovationModernize and automate legacy processand technology assetsSecure technology infrastructure andassure business performance11
Impactful solutions to complex challengesHolistic digital solutionsDesign studios for co-innovationTargeted acquisitions & partnershipsCapability Building at scaleWingspan: Digital platform forcontinuous learningStrategic e-content alliancesInfosys Knowledge InstituteIncreased relevance with local talentEmerging-tech innovation hubsInnovation ecosystem accessLocal recruitment and trainingAgile service deliveryFull-stack, agile trained workforceRedesigned agile workplacesDistributed agile methodologies and frameworksAssets for a hyper-productive enterprise1240K automation components & partnerships, NiaAI-based industry platforms: Finacle, McCamish, Stater, EdgeMethodologies for operational efficiencies
ACCELERATEOracle /Oracle CloudLCNCINSIGHTSAP S/4 HANAMicrosoft End to End ServicesMulticloudBusiness AnalyticsAdvanced Analytics & InsightsData & Decisions Data & AnalyticsApplicationModernizationHyperscalers – AWS, Azure, GCPPublic CloudPegaManaged CloudCloud NativeServiceNowApplication Software ProductEngineeringWealth & AssetManagementInsurance Platform ITIT Services for CSPsBlockchain ServicesIoT ServicesEngineering Services5G Engineering ServicesBFS, Insurance and LSIntelligent AutomationDigital ExperienceConsultingApp & Digital Services in BankingER&DAI ServicesEXPERIENCECommerce & Digital PlatformsEnterpriseBlockchain ServicesData ManagementDigital AssociatesApplication &Digital BankingBest of Breed Commerce PlatformsB2B CommerceDigital TransformationASSUREQuality EngineeringCustomer ExperienceEnterprise Quality AssuranceDigital Workplace Services
Accelerateinternal automationacross landscapesPlatforms andmicro-automation assetsfor large programs1M 40K USE CASES14COMPONENTSe.g. Next-gen chatbots,Genome, Hawkeye125K EMPLOYEESdeployed in DigitalReengineerthe corporation led byAI services and apps,platformsBusiness appspowered byNia, McCamish,Stater, Finacle
PARTNERSHIPSStrategic alliancesfor external contentintegration90%INFOSCIONSon the Lex platformThe platform houses over365,000 3,780resourcescoursesOn average 33,000 learners invest38 minutes each on weekdays15Largest residentialcorporate training centerglobally in MysoreCan train15,000employees simultaneously
27,000 Local USA hires16Campus hiring 7,500Campus hires89Innovation Hubsacross US and EUGlobal digitalstudios475G LabsGlobal CyberDefense centers
Operating Profits ( bn)3.83.3314Total employees (‘000)2.7Revenues ( bn)2.72.7FY 19FY 2016.3260FY 1825.5%31.2%10.9204FY 22Free Cash Flow ( bn)57.0%11.813.548.5%22812.839.2%242FY 213.03.1FY 21FY 222.1FY1817FY19FY20FY21FY22FY18FY19FY20FY21FY22* Digital revenues have been reported since FY18Digital1.91.9FY 18FY 19FY 20
29.3%Large deal TCV ( bn) 100mn clients14.1Onsite Mix28.6%28.1%25.8%3823.8%329.59.0FY 1828FY 19256.318FY 2288.3%2084.6%New winsFY 21Utilization3.1FY18 FY19FY 20FY20FY21FY22FY18FY19FY20FY21FY22FY 1884.3%FY 1984.7%84.0%FY 20FY 21FY 22
38.8% YoY41.2% FY20.6% YoY19.7% FYCC Digital growthCC Revenue growth21.5% Q423.0% FYOperating margin13.4% YoY15.2% FYIncrease in EPS( terms)GUIDANCEFY23 revenue growth guidance of 13% - 15% in constant currencyFY23 operating margin guidance of 21% - 23%19All financial numbers are based on IFRS consolidated financials 2.3 bn Q4 9.5 bn FYLarge deal TCV
1Growth withstrategicinvestments2Scale Agile Digital withkey investmentsInvest in inorganic movesto expand client relevanceGo-to-marketlocalizationInorganicmoves alignedto strategy3Progressivecapital allocationReturn 85% of free cashflows cumulatively overa 5-year periodCash return ofAcquisitionscapabilities 12 billion*in the last five fiscal yearsJoint Ventures20Infosys Compaz is JV with TemasekHipus is JV with Hitachi, Panasonic and PasonaStater is JV with ABN AMRO* Includes proposed final dividend for FY22
istently growingDividend Per Share (DPS in ) (1)11,09327.008,260 22,11816.00*13,000 21,767Capital returned(2)(3) to shareholders Y1630% ofNP40% ofNP50% ofNPFY1870% ofFCFFY19FY20 85% of FCFover 5-yearsExcludes Special Dividends. DPS figures are adjusted for Bonus issues.Dividend amount is inclusive of Dividend Distribution Tax. For FY21, buyback amount includes buyback tax(3) For FY22, includes proposed final dividend(2)FY21FY22Regular dividend* Proposed final dividendFY20FY21Special dividendFY22Buyback
1 YEAR TSRNifty 5020.4%2.7%39.4%Infosys 42.1%5 YEAR TSRNifty 50103.6%Infosys 2231-Mar-2022273.0%* TSR – Total Shareholder ReturnsShare price increaseDividend yield55.9%328.9%
75%IndependentdirectorsGuided by our stakeholders87%Publicshareholding16%To roll out ESOPsTo voluntarily adoptUS GAAP and IFRS reportingand comply with SOXADR floatTo publish quarterlyaudited financialsProfessionalTo get listed on NASDAQListed atBSE, NSE and NYSETo facilitate ADR participationin buybackManagement Team23History offirsts for anIndian company
Social responsibilitiesEnvironmentalsustainability Read moreCarbon Neutral for thesecond year in a rowVerified and assured againstthe PAS2060:2014 standardPillars of carbonneutrality commitmentDiversityInfosys FoundationWorking in healthcare, education, arts andculture, destitute care and ruraldevelopmentRead moreWomenBoard membersInfosys Science FoundationSpreading the culture of science andresearch. Instituted Infosys Prize whichcompleted 10 years in 2018-19Read moreInfosys Foundation USAEnergy ng a variety of computerscience education and maker initiatives tobenefit students and teachersRead morePart of DJSI World and FTSE4Good Index25%39.6%Women employeesEmployeesfromNationalities156
Environment VisionSocial VisionServe the preservation of our planet byshaping and sharing technologysolutionsServe the development of people by shaping afuture with meaningful opportunities for allSocial AmbitionsEnvironment AmbitionsClimate change Carbon neutrality across Scope1, 2 and 3 emissions Reducing Scope 1 and 2 GHGemissions by 75% Reducing Scope 3 GHGemissions by 30% Engaging clients on climateactionsWater 100% wastewater recyclingWaste Zero waste to landfillEnabling digital talent at scale Extending digital skills to 10mn (2025)Tech for good Empowering 80 mn lives via tech for goodprograms (2025)Governance VisionServe the interests of all our stakeholders byleading through our core valuesGovernance AmbitionsCorporate Governance Empowered, diverse and inclusive Board Sustainable supply chains Robust compliance and integritypractices Transparent communications withstakeholdersDiversity and inclusion Creating a gender-diverse workforce with 45%womenData privacy Leading data privacy standardsEnergizing local communities Delivering 33% of work by leveragingflexible/remote work optionsInformation management Industry leadership in our informationsecurity practicesEmployee wellness and experience Facilitating best-in-class employee experience25Formed ESG Committee of the Board with 3 Independent Directors
Microsoft Supplierof the Year: Largein Microsoft Supplier ProgramPrestige Awards in 2021#1 by HfS in the Banking andFinancial ServicesProviders Top 10, 2021Recognised as Global Top Employerfor the 2nd consecutive yearTop-ranked in 16 of the 22 countries26Recognized as one of theWorld’s Most EthicalCompanies in 2022 byEthisphere InstitutePlatinum Award atThe Asset ESG CorporateAwards 2021Won top spot inInstitutional Investor 2021All-Asia Executive Team rankings
Global IT services business modelInfosys Advantage Growing market for organization widetechnology transformationsGlobal scale operator with focus on DigitalGeographic spread with negligible geo-political riskIntegrated and broad suite of service and solutionsIndustry and client diversificationInnovation ecosystem coupled with partnerships and alliancesMulti-currency order bookInvestments in new service and technology offeringsLimited-energy dependence and low environmentalfootprintLocalization strategy across geographiesAsset light operationsDeep and lasting client relationshipsRapid reskilling and refactoring of workforceLiquid and debt free supported by articulated capital returns policyResponsible M&A aligned to business strategyStrong governance credentials with wide shareholder base,independent board and US listing27
THANK YOU 2019 Infosys Limited, Bengaluru, India. All Rights Reserved. Infosys believes the information in this document is accurate as of its publication date; suchinformation is subject to change without notice. Infosys acknowledges the proprietary rights of other companies to the trademarks, product names and such otherintellectual property rights mentioned in this document. Except as expressly permitted, neither this documentation nor any part of it may be reproduced, stored in aretrieval system, or transmitted in any form or by any means, electronic, mechanical, printing, photocopying, recording or otherwise, without the prior permission ofInfosys Limited and/ or any named intellectual property rights holders under this document.
auto companies Serving 184 of Fortune 500 Companies 5 Segment data for Q4 FY22. We are a pioneering company with 1993 2004 2008 2016 2018 Incorporated in Pune . training 10. Differentiate end-user experience Monetize & leverage big data Increase velocity of product and business model innovation
