BSECompany Update6 Oct 2026 · 6 Oct 2026, 03:39 pm

Intimation of Press Release

Mphasis Ltd · 526299

✦ AI Summary▲ PositiveOrder Win

Mphasis Ltd has announced a partnership with Social Security Scotland to support its core benefits platform, with a contract value of approximately £35.4 million.

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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment7/10

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Full Announcement

Mphasis Ltd - 526299 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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Docusign Envelope ID: DF8FDF33-A8AB-8509-82C2-11F2CD6E3B83 October 6, 2026 The Manager, Listing T he Manager, Listing BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, Dalal Street, G -Block, Bandra-Kurla Complex, MUMBAI - 400 001 MUMBAI – 400 051 Scrip Code: 526299 Scrip Symbol: MPHASIS Dear Sir/Madam, Sub: Intimation of Press Release Pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith a press release titled “Mphasis Strengthens Partnership with Social Security Scotland to Support Core Benefits Platform”. The press release will also be available on the website of the Company at www.mphasis.com. We request you to kindly take the above intimation on record. Thanking you, Yours faithfully, For Mphasis Limited Mayank Verma Senior Vice President and Company Secretary Membership No.: ACS 18776 Encl: As above Docusign Envelope ID: DF8FDF33-A8AB-8509-82C2-11F2CD6E3B83 Mphasis Strengthens Partnership with Social Security Scotland to Support Core Benefits Platform ~Signs an agreement for approximately £35.4 million to help maintain reliable access to vital benefits services supporting more than 2 million citizens across Scotland Bengaluru, October 06, 2026 Mphasis, (BSE: 526299; NSE: MPHASIS), a global AI-led, platform-driven technology solutions provider, today announced it will extend its collaboration with Social Security Scotland. Under this contract, Mphasis will manage and maintain Social Security Scotland’s benefits management platform, which delivers core functions and benefits efficiently and securely for around 2 million citizens across Scotland, strengthening how they access the support they need. Through this scope of work, Mphasis will help Social Security Scotland provide support and maintenance for the executive agency’s core benefits case management platform by maintaining access to citizen benefits that are important to individuals, families and communities across Scotland. Additionally, Mphasis’ role will focus on maintaining a stable, resilient and high-quality service for citizens, supporting continuity across a platform central to benefit applications, eligibility decisions and payments. “Our ongoing relationship with Social Security Scotland allows us to continue to support one of the country’s most critical public service platforms, and our commitment is to maintain continuity, improve operational efficiency and deliver meaningful outcomes for individuals and families across Scotland. The project aligns with our broader public sector focus; supporting government organizations in running secure, reliable and future-ready digital services. The Social Security system underpins the delivery of essential benefits to around 2 million people, and we are proud to help ensure it remains consistently available,” said Ashish Devalekar, Executive Vice President and Head of Europe, Mphasis. Social Security Scotland is one of the largest executive agencies of the Scottish Government, responsible for delivering core benefits to people across Scotland efficiently and securely. Its Social Program Management (SPM) case management system plays a critical role in administering a wide range of social security payments from disability to heating support. This agreement helps mitigate risks linked to operational inefficiency and disruption through major incidents. About Mphasis At Mphasis, engineering has been in our DNA since inception. Mphasis is an AI-led, platform-driven company with human-in-the-loop intelligence, helping global enterprises modernize, infuse AI, and scale with agility. The Mphasis.ai unit and Mphasis AI-powered ‘Tribes’ are focused on client outcomes and embed artificial intelligence and autonomy into every layer of the enterprise technology and process stack. Mphasis built NeoIP™, a breakthrough AI platform that orchestrates a powerful pack of AI solutions and platforms to deliver impactful outcomes across the enterprise IT value chain, as we believe ‘AI Without Intelligence Is ArtificialTM’. Mphasis NeoIP™ is powered by the Ontosphere, a dynamic and ever- evolving knowledge base, delivering continuous and constant innovation through perpetual intelligent engineering—driving end-to- end enterprise transformation. At the heart of our approach is customer-centricity—reflected in our proprietary Front2Back™ transformation framework, which uses the exponential power of cloud and cognitive to deliver hyper-personalized digital experiences (C=X2C2 =1) and build strong relationships with marquee clients. Our Service Transformation solutions enable enterprises to pivot from legacy systems and operations to secure, adaptive, cloud-first operating models with minimal disruption. Continuous investments in platforms, such as the Neo series, enable enterprises to stay efficient, relevant, and ahead in a dynamic AI-first world. Mphasis is a Hi-Tech, Hi-Touch, Hi- Trust company, rooted in a learning and growth culture. Click here to know more. (BSE: 526299; NSE: MPHASIS) Docusign Envelope ID: DF8FDF33-A8AB-8509-82C2-11F2CD6E3B83 About Social Security Scotland Social Security Scotland is an executive agency of the Scottish Government, responsible for managing the benefits that are devolved to Scotland. https://www.socialsecurity.gov.scot/ For further information, please contact: Mphasis Corporate Communications Deepa Nagaraj Sumana Bhat deepa.nagaraj@mphasis.com | sumana.bhat@mphasis.com | + 1 (646) 424-5160 |+91 9845 256 283 +91 9902 980 980