Grant of 64434 Employees Stock Options and 43144 Restricted Stock Units

Docusign Envelope ID: B6859030-0FEF-8673-8246-5E0385F256AE 10 October 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 under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Grant of stock options Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in terms of the provisions of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (“SEBI Regulations”), we wish to inform that the ESOP Compensation Committee vide resolutions passed today, approved grant of Employee Stock Options (“Options”) under the Employee Stock Option Plan 2016 (ESOP 2016) and Restricted Stock Units (“RSUs”) under the Restricted Stock Units Plan 2021 (RSU Plan 2021) to the eligible employee/s as per the details mentioned below: 1. Grant of 64,434 Stock Options under the ESOP 2016 inter-alia on the following terms: a) Grant Date : 10 October 2026 b) Exercise Price : ₹2,300 per Option c) Vesting Period : 5 years from the date of grant. d) Vesting Proportion : As mentioned in the resolution. e) Exercise Period : 60 calendar months from the respective dates of vesting. The Options granted are governed as per ESOP 2016 Plan, which was submitted with the Stock Exchanges at the time of obtaining in-principle approval and each of the Option entitles the holder to apply for one equity share of the Company of ₹10 each. 2. Grant of 43.144 RSUs under RSU Plan 2021 inter-alia on the following terms: a) Grant Date : 10 October 2026 b) Exercise Price : ₹10 per RSU c) Vesting Period and : The RSUs shall vest in equal proportion over a period of four (4) years from Vesting Proportion t he date of grant. d) Exercise Period : • The Plan provides for Automatic Exercise, wherein the shares arising out of vested units shall be settled by the Mphasis Employees Benefit Trust to the Employees upon vesting. • RSU Grantees (except the Employees who are subject to the provisions of U.S. Internal Revenue Code) have an option to elect either for an automatic exercise or an exercise by way of exercise notice. • RSU Grantees, who are employees in the USA subject to the provisions of the U.S. Internal Revenue Code are subject to Automatic Exercise. Docusign Envelope ID: B6859030-0FEF-8673-8246-5E0385F256AE • For RSU Grantees who have not opted for Automatic Exercise, the exercise period shall be 60 calendar months from the respective dates of vesting. The RSUs granted are governed as per RSU Plan 2021, which was submitted with the Stock Exchanges at the time of obtaining in-principle approval and each of the RSUs entitles the holder to apply for one equity share of the Company of ₹10 each. The above information will also be available on the website of the Company at www.mphasis.com. We request you to take the above intimation on record. Thanking you, Yours faithfully, For Mphasis Limited Mayank Verma SVP and Company Secretary Membership No.: ACS 18776