Tech Mahindra Limited

rs,

1111111111 TECH ...... mal,indra 20th November, 2025 To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 532755 Tech Mahindra Ltd Sharda Centre, Off Karve Ro

1.3x

er than peer average GROWTH VECTORS Growth Strategy Operations Strategy Organization Strategy ~1.3x Growth in Revenue during FY20 to FY27 FY27 Goals : Recap Revenue Growth Topline growth > Peer

15%

FY20 to FY27 FY27 Goals : Recap Revenue Growth Topline growth > Peer average EBIT Margin 15% ROCE > 30% Capital Return > 85% of FCF Company Confidential | Copyright © 2025 Tech Mahindra.

30%

FY27 Goals : Recap Revenue Growth Topline growth > Peer average EBIT Margin 15% ROCE > 30% Capital Return > 85% of FCF Company Confidential | Copyright © 2025 Tech Mahindra. All rights r

85%

evenue Growth Topline growth > Peer average EBIT Margin 15% ROCE > 30% Capital Return > 85% of FCF Company Confidential | Copyright © 2025 Tech Mahindra. All rights reserved. 3 3 - Year Ro

4.7%

' ••••• •••• • • • • • • . . ... .... * ..... Peer Average FY24 FY25 FY26 FY27 -4.7% • Prioritized Markets • Balanced Industry Mix / Focussed Verticals • Turbocharge Program • L

57%

BFSI, Retail, Logistics & Transport, Healthcare – Faster growth • Broad-based large deal wins – up 57% on LTM y-o-y • $20 million+ accounts growth > company’s average • Must Have Accounts Company Con

20 million

cs & Transport, Healthcare – Faster growth • Broad-based large deal wins – up 57% on LTM y-o-y • $20 million+ accounts growth > company’s average • Must Have Accounts Company Confidential | Copyright © 2025

1%

ed through Project Fortius • Strengthening TechM Consulting • Key Service Line Contribution – up 1% (FY25) Company Confidential | Copyright © 2025 Tech Mahindra. All rights reserved. 7 Transform

5%

ture • Innovation and Co-creation in key next gen areas • Only Indian company included in the Top 5% in the IT Services sector and a member of S&P Global Yearbook 2025 Company Confidential | Copyri

“11 Tech Mahindra ASPIRATION Turnaround to be completed by FY27 Long-term aspiration is to drive profitable and sustainable growth higher than peer average GROWTH VECTORS Growth Strategy Operations Strategy Organization Strategy ~1.3x Growth in Revenue during FY20 to FY27”

Tech Mahindra

2

Comprehensive Brand Refresh

1

Tech Mahindra

Operations Strategy Earnings Before Interest & Taxes (EBIT%) Vectors Key Metrics • Deepen Capabilities • Consistent margin expansion towards FY27 target • Delivery Excellence • Delivery led growth • Productivity Gains • Operational rigor → high FCF and dividend expansion • High-margin Service Lines • Analyst ratings improvement • Savings delivered through Project Fortius • Strengthening TechM Consulting • Key Service Line Contribution – up 1% (FY25) Company Confidential | Copyright © 2025 Tech Mahindra. All rights reserved. 7 Transforming Tech Mahindra into a Learning Organization High-Impact Learning Interventions in FY26: Future Leadership Future Skilling Impact Zenith : Immersive, Personalized Leadership Program at INSEAD, France Velocity : Sales Leadership at INSEAD, ISB ELITE : Academy for PMs, PGMs, Large Deal Team Women Leadership Program AI Skilling Hyperscalers Domain Certification Fulfilment : Accelerated ‘re-purposing’ of talent Future-proofing : Right-skilling associates fo

Tech Mahindra

Organization Strategy Talent Management & Culture Building Group Synergy ESG Leadership • Stable Leadership team • TechM x Mahindra University – R&D Facility/ Makers • Only Indian IT company to receive the highest "A" rating Lab/ Research Projects/ Latest Technology across all three CDP categories • Hired leadership across service lines – Consulting, Design Services, CTO • Inclusive, Innovation-focused, Performance- • Synergy with group to enhance wallet share and win • First Indian company to be awarded the Sustainable Markets new logos Initiative’s Terra Carta Seal based culture • Innovation and Co-creation in key next gen areas • Only Indian company included in the Top 5% in the IT Services sector and a member of S&P Global Yearbook 2025 Company Confidential | Copyright © 2025 Tech Mahindra. All rights reserved. 9

Comprehensive Brand Refresh

Uniquely Tech Mahindra Unmistakably Mahindra, Brand Architecture Orbit Model Master Brand Sub Brands Endorsed Brands Independent Brands EVP Limitless Together Brand Platform Purpose Promise – Scale at SpeedTM Mission Values Visual Identity Symbol Color palette Typography Art direction Patterns Illustrations Iconography Gradients Verbal Identity The Ascending Force Bold Human Straightforward A Bold Evolution Designed for Tomorrow • Reinforce positioning as a future-ready transformation partner • Inspire a renewed sense of pride and belonging among associates worldwide • Create a unified, modern identity across portfolio companies and markets Impact • Positive feedback from clients & analysts • 52K+ new followers, 1.3Mn+ Impressions, 30% jump in user engagement on social media Company Confidential | Copyright © 2025 Tech Mahindra. All rights reserved. 10 Next months journey … Deepening Client Relationships to expand wallet share Drive automation and Delivery excellence for continued marg