Company: INFY
Filing Date: 2025-10-21
Form Type: SC TO-C
Source: 0001193125-25-245101
Chunk: 51

Company: Infosys Ltd
Filing Date: 2025-10-21
Form: SC TO-C
Chunk 51
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 22.9 | Based on the aforementioned definition, there are [•] Small Shareholders of the Company with an aggregate                                                                                                                                  
 shareholding of [•] Equity Shares as on the Record Date, which constitutes [•] % of the outstanding number of equity shares of the Company and [•]% of the maximum number of Equity Shares which are proposed to be bought back as part of 
 this Buyback.                                                                                                                                                                                                                              |

| 22.10 | In accordance with Regulation 6 of the Buyback Regulations, the reservation for the Small Shareholders will be 
 the higher of:                                                                                                 |

| 22.10.1 | Fifteen percent (15%) of the number of Equity Shares which the Company proposes to buy back i.e. 15% of 
 [•] ([•]) Equity Shares which is [•] Equity Shares; or                                                  |

| 22.10.2 | The number of Equity Shares entitled as per their shareholding as on the Record Date (i.e. ([•] / 
 [•]) x [•]) which is [•] Equity Shares.                                                           |

| 22.11 | Since the Promoters and Promoter Group of the Company have declared their intention to not participate in the  
 Buyback, Equity Shares held by them has not be considered for the purposes of computing the entitlement ratio. |

| 22.12 | Based on the above analysis and in accordance with Regulation 6 of the Buyback Regulations, [•] Equity                                                                                                      
 Shares have been reserved for the Small Shareholders (“Reserved Portion”) and accordingly, the General Category for all other Eligible Shareholders shall consist of [•] Equity Shares (“General Portion”). |

| 22.13 | Based on the above Buyback Entitlements, the ratio of Buyback for both categories is set out below: |

| Category of Eligible Shareholder                     |     | Ratio of Buyback                                                     
 (i.e. Buyback                                                        
 Entitlement)                                                         |
| Reserved category for Small Shareholders             |     | [•] Equity Shares for every [•] Equity Share held on the Record Date |
| General category for all other Eligible Shareholders |     | [•] Equity Shares for every [•] Equity Share held on the Record Date |

Note: The above ratio of Buyback is approximate and provides indicative Buyback Entitlement. Any computation of the Buyback Entitlement using the above Buyback ratio may provide a slightly different number than the actual entitlement due to rounding