Tech Mahindra Limited

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indra.com CIN L64200MH1986PLCO41370 24th April, 2025 To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip Code : 532755 National Stock Exchange of India Limited Exc

50%

al 500 45 Must Have Accts Added NPS Top Quartile in the Sector ESAT Highest in Three Years >50% Faster Expense Settlement ~90% Top 2 Analyst Quadrants Always Listening, Always Improving Com

90%

NPS Top Quartile in the Sector ESAT Highest in Three Years >50% Faster Expense Settlement ~90% Top 2 Analyst Quadrants Always Listening, Always Improving Company Confidential | Copyright © 2

74%

ved. Company Confidential | Copyright © 2025 Tech Mahindra. All rights reserved. 6 6 AI Adoption 74%of Companies Struggle to Achieve and Scale Value Source: BCG Company Confidential | Copyright © 2

57%

G, IDC, Everest and many others Amongst best companies to work for in ‘Data Science’ category 57% coverage across Turbocharge customers Company Confidential | Copyright © 2025 Tech Mahindra. All

40%

turing Xperience Centre set up in Chennai; 40+ clients hosted in 3 months • Domain Consultants up 40% with focus in Payments, Wealth and Core Banking • 500+ Telco Enterprise Architects; specialized

30%

Wealth and Core Banking • 500+ Telco Enterprise Architects; specialized • Domain Consultants up 30% into AI led transformation themes with focus on Auto and Industrial Company Confidential | Copyr

75%

yst relations Alliances • 45+ specialist alliance managers • US – Sharpened vertical focus • 75%+ sales HC focused • Deeper bench built beyond Telecom & Hi-Tech into BFSI, MFG, HLS, RTL & more

2x

d Telecom & Hi-Tech into BFSI, MFG, HLS, RTL & more on priority markets • Specialist Sales HC - 2x in NGS, Engineering, & DEA • Europe verticalized with dedicated focus on Telco, BFSI, MFG, HLS

2.3%

skills and leadership enhancement 4 cohorts at INSEAD and ISB completed $20M+ accounts delivered 2.3% growth YoY (470 bps change) Impact Dedicated Team 60+ people with high pedigree including Deal Di

470 bps

rship enhancement 4 cohorts at INSEAD and ISB completed $20M+ accounts delivered 2.3% growth YoY (470 bps change) Impact Dedicated Team 60+ people with high pedigree including Deal Directors, Enterpris

42.5%

lized Win Themes Pitch books and deal archetypes by vertical & market themes Impact Deal wins grew 42.5% YoY: broad based and across prioritized markets Company Confidential | Copyright © 2025 Tech Mah

“1 1 Agenda AI Delivered Right Vision FY27 An Update Delivering Profitable Growth The Path Ahead Q&A Company Confidential | Copyright © 2025 Tech Mahindra.”

“11 Vision FY27 An Update Company Confidential | Copyright © 2025 Tech Mahindra.”

“14 The TechM Flywheel Balanced industry mix High growth services focus Focus on prioritized market Turbocharge program Large deal focus Vision FY27 Topline growth > Peer avg Industry standard margins High predictability M&M synergy Talent management Culture building Branding & marketing ESG leadership Productivity gains Synergy with portfolio cos Operational parameters High margin services focus Delivery excellence Company Confidential | Copyright © 2025 Tech Mahindra.”

“19 19 The TechM Flywheel Balanced industry mix High growth services focus Focus on prioritized market Turbocharge program Large deal focus Vision FY27 Topline growth > Peer avg Industry standard margins High predictability M&M synergy Talent management Culture building Branding & marketing ESG leadership Productivity gains Synergy with portfolio cos Operational parameters High margin services focus Delivery excellence Company Confidential | Copyright © 2025 Tech Mahindra.”

“24 24 The TechM Flywheel Balanced industry mix High growth services focus Focus on prioritized market Turbocharge program Large deal focus Vision FY27 Topline growth > Peer avg Industry standard margins High predictability M&M synergy Talent management Culture building Branding & marketing ESG leadership Productivity gains Synergy with portfolio cos Operational parameters High margin services focus Delivery excellence Company Confidential | Copyright © 2025 Tech Mahindra.”

“31 31 Financial Trends Deal Wins (USD Mn) Revenue y-o-y (in CC) 745 798 Actuals Stated Goal 500 534 603 0.3% Peer Average FY24 FY25 FY26 FY27 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 -4.7% Earnings Before Interest & Taxes (EBIT %) Return of Capital Employed (ROCE) 10.5% 10.2% 9.6% 22.60% 19.40% 20.20% 8.5% 7.4% 17.60% 14.60% Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Company Confidential | Copyright © 2025 Tech Mahindra.”

“34 Robust Free Cashflows Days Sales Outstanding (DSO) FY25 Free Cash Flow Dividend as a percentage of FCF 97 96 92 85% 70% 88 122% Free Cash Flow (FCF) generated as a percentage of Profit After Tax FY22 FY23 FY24 FY25 FY24 FY25 Endeavor to distribute at least 85% of FCF generated over 5 years to shareholders in form of dividends or buyback Company Confidential | Copyright © 2025 Tech Mahindra.”

“37 Key Takeaways Confident of making transformation progress, even amidst macroeconomic challenges Margin growth has been sustained, driven by strong operational execution from Project Fortius – even amid flattish overall growth Deal win rates have significantly improved over the last four quarters Consulting and Gen AI are the significant areas of investment for TechM Consistent policy of returning cash to shareholders Company Confidential | Copyright © 2025 Tech Mahindra.”

“1 Q4 FY25 Snapshot $ 1,549 Mn Revenue 8.7% PAT Margin $ 150 Mn Free Cash flow 10.5% EBIT Margin $ 798 Mn Net New Deal Wins + + + + + + + > + + > + Copyright © 2025 Tech Mahindra.”

“2 Q4 FY25 Snapshot All trends are YoY, except where specified FINANCIAL OPERATIONAL SEGMENT GEOGRAPHY IT 1.1% BPS -5.5% Revenue 0.0% (up 0.3% cc) EBIT % 10.5% (up 310 bps) PAT % 8.7% (up 350 bps) Headcount 148,731 ( up 3,276) IT LTM attrition 11.8% (up 180 bps) Utilisation (incl.”

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Validation And Evaluation

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Dear Sir/Madam, In furtherance to the Quarterly Earnings Presentation submitted as part of the detailed outcome of the Board Meeting intimated by the Company on 24th April 2025 (and enclosed herewith), please find enclosed the Investor Presentation on Update on Strategic Roadmap being made at the quarterly earnings meeting scheduled today, 24 April 2025 at 6:30 p.m. (IST). This Intimation is also available on the website of the Company at https://www.techmahindra.com/investors/ the weblink: Kindly take the above on record. Thanking you, For Tech Mahindra Limited Ruchie Khanna Company Secretary Encl.: as above Safe Harbor Certain statements in this presentation may contain ‘forward-looking statements’ identified by the use of forward-looking words or phrases and statements relating to our future performance and prospects for growth in FY2026 and beyond, our ability to achieve our financial, strategic and business goals; and our planned investments. Our actual actions or results may diff

Validation And Evaluation

Methodologies And Key Considerations Featuring Research From Forrester Launching Soon Unveiling the new AI narrative to bring out TechM’s capability and competency in AI and to deliver it right for customer, client, partners and more Our GenAI expertise reflects in our client engagements 188+ Qualified AI & IA opportunities 35% Gen AI opportunities 51,000+ Talent enabled on AI/Gen AI Partnering with Hyperscalers and OEMs • Snapdragon X launch: Project Indus and AI tutor with Manav demonstrated on Qualcomm PC • TechM to Transform Autonomous Network Operations with New Large Telco Model based on NVIDIA AI Enterprise and AWS Cloud Infrastructure • TechM and AWS Collaborate to Transform Telecom Networks with Generative AI • TechM Announces Integration with ServiceNow to Deliver GenAI-Powered Enterprise Service Management 24000+ GitHub Copilot Trained Solutions • TechM Announces AI Center of Excellence, Powered by NVIDIA AI Enterprise and Omniverse Platforms Copyright © 2025 Tech Mahindra.