Company: INFY
Filing Date: 2025-10-21
Form Type: SC TO-C
Source: 0001193125-25-245101
Chunk: 4

Company: Infosys Ltd
Filing Date: 2025-10-21
Form: SC TO-C
Chunk 4
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 to read the entire Letter of Offer and terms and conditions of the Buyback. Please consult your respective legal/tax/other advisors prior to participation in the Buyback. If you require any clarifications about actions to be taken, you should consult your Stock Broker or your investment consultant or the Manager to the Buyback i.e. Kotak Mahindra Capital Company Limited or the Registrar to the Buyback i.e. KFin Technologies Limited. For detailed summary of the terms of the Buyback Offer as set out in this Letter of Offer, please refer to the Summary Term Sheet provided in Annexure I. 3

DRAFT—SUBJECT TO COMPLETION

Certain figures contained in this Letter of Offer, including financial information, have been subject to rounding-off adjustments. All decimals have been rounded off to two decimal points. In certain instances, (i) the sum or percentage change of such numbers may not conform exactly to the total figure given; and
(ii) the sum of the numbers in a column or row in certain tables may not conform exactly to the total figure given for that column or row. One crore equals to ten million.

As intimated in the Postal Ballot Notice dated September 25, 2025 (refer to section 12 of the explanatory statement attached to the Postal Ballot Notice
– Additional Information for Holders of the Company’s American Depositary Shares), in order for the ADS holders to participate in the Buyback, they must have previously taken certain actions in order to withdraw the Equity Shares
underlying the ADSs held by them in advance of the Record Date and should have become holders of Equity Shares on the Record Date. In the Postal Ballot Notice, the Company had intimated that ADS holders had approximately 49 calendar days from the
date of the Postal Ballot Notice to take such steps as may be required for ADS holders to hold Equity Shares as on the Record Date. ADS holders are advised to read paragraph 22.26-22.30 of this Letter of
Offer, “Participation by ADS Holders” for additional details concerning participation in the Buyback by ADS holders.

Legend Required by U.S. Law

The Buyback referenced herein has not yet commenced. This draft of the Letter of Offer is provided for informational purposes
only and is neither an offer to purchase nor a solicitation of an offer to sell any securities of the Company pursuant to the Company’s Buyback or otherwise. Any offers to purchase or solicitations of offers to sell will be made pursuant to a