Company: INFY
Filing Date: 2025-10-21
Form Type: SC TO-C
Source: 0001193125-25-245101
Chunk: 12

Company: Infosys Ltd
Filing Date: 2025-10-21
Form: SC TO-C
Chunk 12
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 relief obtained by the                                                                                                                                                                                                                               
 Company from the SEC, see the section titled “Details of Statutory Approvals” on page 46 of this Letter of Offer.                                                                                                                                                                                                                                                                                                                                                                     |

| 2) | The receipt of cash pursuant to the Buyback by an Eligible Shareholder may be a taxable transaction for U.S.                                                                                                                                            
 federal income tax purposes and under applicable state and local, as well as foreign and other, tax laws. Each Eligible Shareholder is urged to consult their independent professional advisor immediately regarding the tax consequences of acceptance 
 of the Offer.                                                                                                                                                                                                                                           |

| 3) | It may be difficult for Shareholders in the U.S. to enforce their rights and any claims they may have arising                                                                                                                                       
 under the U.S. federal securities laws in connection with the Buyback, since the Company is incorporated in a country other than the U.S. and some or all of its officers and directors may be residents of a country other than the United States. 
 Shareholders in the U.S. may not be able to sue the Company or its officers or directors in a non-U.S. court for violations of U.S. securities laws. Further, it may be difficult to compel the Company or its                                      
 affiliates to subject themselves to the jurisdiction or judgment of a U.S. court.                                                                                                                                                                   |

| 4) | Neither the SEC nor any state securities commission of the U.S. has approved or disapproved the Buyback or                                         
 passed any comment upon the adequacy or completeness of this Letter of Offer. Any representation to the contrary is a criminal offence in the U.S. |

| 5) | The Company expresses no opinion as to whether the Eligible Shareholders should participate in the Offer and,        
 accordingly, Eligible Shareholders are advised to consult their own advisors to consider participation in the Offer. |

The Letter of Offer is being sent to Eligible Shareholders by email (and, if so requested by any shareholder (including U.S. shareholders), or if any U.S. shareholder has not registered an email address with the Depositories, or if any ADS holder (as of the date of dissemination of the Letter of Offer) so requests, a physical form shall be couriered to such shareholder’s or ADS holder’s registered postal address as available with the Company). Disclaimer for Persons in countries other than India: Except for the filing of the Letter of Offer with the SEC, this Letter of Offer has not been filed, registered or approved in any jurisdiction outside India. Recipients