Company: INFY
Filing Date: 2025-10-21
Form Type: SC TO-C
Source: 0001193125-25-245101
Chunk: 91

Company: Infosys Ltd
Filing Date: 2025-10-21
Form: SC TO-C
Chunk 91
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 Hosur Road, Electronics City, Bengaluru, Karnataka – 560100 68

DRAFT—SUBJECT TO COMPLETION Dear Sir/Madam, Re: Statutory Auditor’s Report in respect of proposed buyback of equity shares by Infosys Limited (the “Company”) in terms of Clause (xi) of Schedule I of the Securities and Exchange Board of India (Buy-Backof Securities) Regulations, 2018, as amended (the “Buyback Regulations”)

Management’s Responsibility

| 4. | The preparation of the Statement in accordance with Section 68(2)(c) of the Act, the Regulation 4(i) of                                                                                                                                                
 the Buyback Regulations and the compliance with the Buyback Regulations, is the responsibility of the management of the Company, including the computation of the amount of the permissible capital payment, the preparation and maintenance of all    
 accounting and other relevant supporting records and documents. This responsibility includes the design, implementation and maintenance of internal controls relevant to the preparation and presentation of the Statement and applying an appropriate 
 basis of preparation; and making estimates that are reasonable in the circumstances.                                                                                                                                                                   |

Auditor’s Responsibility:

| 5. | Pursuant to the requirements of the Buyback Regulations, it is our responsibility to provide a reasonable 
 assurance that:                                                                                           |

| ii. | the amount of permissible capital payment for the proposed buyback of equity shares as stated in Annexure                                                                                                                                  
 A, has been properly determined considering the audited interim condensed standalone and consolidated financial statements as at and for the three months ended June 30, 2025 in accordance with Section 68(2)(b) and 68(2)(c) of the Act, 
 Regulation 4(i) and Regulation 5(i)(b) of the Buyback Regulations; and                                                                                                                                                                     |

| 6. | The interim condensed standalone and consolidated financial statements referred to in paragraph 5 above, have                                                                                                                                     
 been audited by us, on which we have issued an unmodified audit opinion vide our report dated July 23, 2025. We conducted our audit of the interim condensed standalone and consolidated financial statements in accordance with the Standards on 
 Auditing specified under Section 143(10) of the Act and other applicable authoritative pronouncements issued by the Institute of Chartered Accountants of India (“ICAI”). Those Standards require that we plan and perform the audit to           
 obtain reasonable assurance about whether the financial statements are free of material misstatement.                                                                                                                                             |

| 7. | We