Company: INFY
Filing Date: 2025-11-10
Form Type: SC TO-C
Source: 0001193125-25-274597
Chunk: 81

Company: Infosys Ltd
Filing Date: 2025-11-10
Form: SC TO-C
Chunk 81
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, expedient, usual or proper in relation to or in connection with or for matters consequential to the Buyback without seeking any further consent or approval of the members or otherwise to the end and intent that the Board shall be deemed to have given its approval thereto expressly by the authority of this resolution. //Certified true copy// For Infosys Limited A.G.S. Manikantha Company Secretary Membership No: A21918

| INFOSYS LIMITED CIN:                                  
 L85110KA1981PLC013115   44, Infosys Avenue            
 Electronics City, Hosur Road Bengaluru 560 100, India 
 T 91 80 2852 0261                                     
 F 91 80 2852 0362                                     
 investors@infosys.com www.infosys.com                 |

Explanatory statement pursuant to Sections 102(1) and 110 of the Companies Act, 2013 Item No. 1 – Approval for the Buyback of Equity Shares of the Company The Board, at its meeting held on April 18, 2024, reviewed and approved the capital allocation policy of the Company (“Capital Allocation Policy”) after taking into consideration the strategic and operational cash requirements of the Company in the medium term. Effective from Financial year 2025, the Company expects to continue its policy of returning approximately 85% of the free cash flow cumulatively over a 5-yearperiod through a combination of semi-annual dividends and/or share buyback/ special dividends, subject to applicable laws and requisite approvals, if any. The policy for the distribution of dividend also forms an integral part of the Capital Allocation Policy. Free cash flow is defined as net cash provided by operating activities less capital expenditure as per the consolidated statement of cash flows prepared under the International Financial Reporting Standards as issued by the International Accounting Standards Board (“IFRS”). Dividend and buyback include applicable taxes. In line with the above Capital Allocation Policy and with an objective of enhancing member returns, the Board, at its meeting held on September 11, 2025, approved the proposal for recommending the Buyback for an aggregate amount of ₹18,000 crore (Rupees Eighteen Thousand Crore only) as contained in the resolution in this Postal Ballot Notice. Given the Company’s class of securities registered under Section 12 of the U.S. Securities Exchange Act of 1934, as amended, and the shareholding of U.S. residents by way of ADSs