Mphasis : Analysts/Institutional Investor Meet/Con. Call Updates

DocuSign Envelope ID: 490AD087-CAC8-4220-B8FD-3D293A2AD587

21 January 2022
The Manager, Listing	The Manager, Listing
BSE Limited	National Stock Exchange of India Ltd
Phiroze Jeejeebhoy Towers,	Exchange Plaza, Plot No. c/1,
Dalal Street,	G-Block,Bandra-Kurla Complex,
MUMBAI - 400 001	MUMBAI - 400 051

Dear Sirs,

Sub: Presentation for Investor(s)/Analyst(s) call

Please find enclosed a copy of the presentation proposed to be made at the Investor/Analyst call to be held today at 9:00 am (IST) in connection with the results of the Company for the quarter and nine months ended 31 December 2021.

The presentation is also being hosted on the website of the Company at www.mphasis.com.

We request you to kindly take the above on record as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Yours faithfully,

For Mphasis Limited

Subramanian Narayan

Senior Vice President and Company Secretary

Encl: As above

DocuSign Envelope ID: 490AD087-CAC8-4220-B8FD-3D293A2AD587

Mphasis Earnings Q3 FY 2022

Continuity and Acceleration

21st January 2022

Nitin Rakesh

Chief Executive Officer and

Managing Director

Manish Dugar

Chief Financial Officer

© Mphasis 2022 Proprietary and confidential information I 1/21/2022

DocuSign Envelope ID: 490AD087-CAC8-4220-B8FD-3D293A2AD587

Safe Harbor

Certain statements mentioned in this presentation concerning our future growth prospects are forward looking statements (the "Forward Statements") and are based on reasonable expectations of the management, which involves a number of risks, and uncertainties that could cause actual results to differ materially from those in such Forward Statements. The risks and uncertainties relating to these Forward Statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, fluctuations in foreign exchange rates, revenue and profits, our ability to generate and manage growth, intense competition in IT services, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price and fixed-time frame contracts, restrictions on immigration, industry segment concentration, our ability to manage our international operations, our revenues being highly dependent on clients in the United States of America, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, withdrawal of fiscal governmental incentives, political instability, adverse impact of global pandemics (including COVID-19 impact), war, legal restrictions on raising capital or acquiring companies, unauthorized use of our intellectual property(ies) and general economic conditions affecting our businesses and industry. We may, from time to time, make additional written and oral Forward Statements . We do not undertake to update any Forward Statements that may be made from time to time by us or on our behalf, unless

required under the law.

© Mphasis 2022 Proprietary and confidential information I 1/21/2022

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DocuSign Envelope ID: 490AD087-CAC8-4220-B8FD-3D293A2AD587

Key Themes Shaping Our Business

"HYBRID FIRST" WORKPLACE

• Work from Anywhere, Collaborate in Office
• Reimagined Employee Value Proposition
• Reconfigured workspaces

INCLUSION & SUSTAINABILITY

• S&P Global Sustainability Index - 37 percentile to 69 percentile
• • Environment (60th percentile)
  • Social (77th percentile)
  • Governance (73rd percentile)
• Target based reduction on energy consumption & carbon footprint

WEB 3.0

• Blockchain based opportunities
• Decentralized Finance & NFTs
• CrossTower Partnership

© Mphasis 2022 Proprietary and confidential information I 1/21/2022

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DocuSign Envelope ID: 490AD087-CAC8-4220-B8FD-3D293A2AD587

Our Track Record Tells the Story: Decade-high Growth

Q3-FY22 Overall revenue grew 24.2% YoY in CC#; Decade-high growth

Direct business grew 36.1% YoY#; Highest growth on record

								414
								385
								363
					CQGR	+3.3%
					CAGR	+14.1%	342
					334
							327
							318 320
						305	305
					292 297
					283
					276
					264 269
250		CAGR	-4.4%		252
	240	235 237		242
	225
		231
		227 228	229	225 224 224 222
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
'15 '15 '15 '15 '16 '16 '16 '16 '17 '17 '17 '17 '18 '18 '18 '18 '19 '19 '19 '19 '20 '20 '20 '20 '21 '21 '21 '21	'22 '22 '22

* Revenue in USD $M at average USD/INR rate for the respective years

# Constant Currency

Accelerated growth with larger scale in Direct; Achieves $1.5B run-rate^

YoY →	8.0%	16.4%	19.7%	36.0%
				384
	CAGR	+19.6%
			283
		236
	203
188
Q3'18	Q3'19	Q3'20	Q3'21	Q3'22

Direct Business revenues

^ On annualized basis

© Mphasis 2022 Proprietary and confidential information I 1/21/2022

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