Company: INFY
Filing Date: 2025-10-21
Form Type: SC TO-C
Source: 0001193125-25-245101
Chunk: 100

Company: Infosys Ltd
Filing Date: 2025-10-21
Form: SC TO-C
Chunk 100
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 an Eligible Shareholder during the Tendering Period i.e. from [•] to [•]. See
Section 23.

How does an Eligible Shareholder withdraw Equity Shares they have previously tendered?

An order can be cancelled or modified by an Eligible Shareholder who has tendered their Equity Shares during the Tendering Period by contacting their Seller
Member through whom the initial bid was placed by providing a request for modification/cancellation via his registered email address or registered telephone number or by visiting the Seller Member’s branch and submitting a written request.

76

DRAFT—SUBJECT TO COMPLETION

Do the Promoters, Directors or Key Managerial Personnel of the Company intend to tender their Equity Shares in the Buyback?

The Promoter and Promoter Group and persons in control of the Company have an option to participate in the Buyback. In this
regard, the Promoter and Promoter group have expressed their intention to not participate in the Buyback vide their letters dated September 14, 2025, September 16, 2025, September 17, 2025, September 18, 2025 and
September 19, 2025. The Directors and Key Managerial Personnel of the Company are eligible to participate in the Buyback on the same terms as all other Eligible Shareholders. See Section 11.

If an Eligible Shareholder decides not to tender, how will the Buyback affect their Equity Shares?

Shareholders who choose not to tender their Equity Shares will enjoy a resultant increase in their shareholding post closure of the Buyback. See
Section 23.

When will the Company pay for the Equity Shares tendered by an Eligible Shareholder and accepted in the Buyback?

If the Equity Shares tendered by an Eligible Shareholder are accepted by the Company in the Offer, the Company will pay such Eligible Shareholder the purchase
price, in cash, promptly after the expiration of the Offer and no later than 5 (five) working days from the closure of the Offer Period. See Section 23.

Will the Eligible Shareholder have to pay brokerage commissions or other costs and expenses if they tender their Equity Shares?

The Buyback consideration received by the Eligible Shareholder from their respective Seller Member, in respect of accepted Equity Shares, could be net of tax
deducted at source, costs, charges and expenses (including brokerage), and the Company accepts no responsibility to bear or pay such additional cost, charges, and expenses (including brokerage