Outcome of Board Meeting

TO ALL STOCK EXCHANGES BSE LIMITED NATIONAL STOCK EXCHANGE OF INDIA LIMITED NEW YORK STOCK EXCHANGE July 23, 2026 Dear Sir/ Madam, Sub: Outcome of the Board meeting This has reference to our letter dated June 15, 2026, regarding the captioned subject. The Board, at their meeting held on July 22-23, 2026 transacted the following items of business: Financial Results: 1. Approved the audited consolidated financial results of the Company and its subsidiaries as per Indian Accounting Standards (“INDAS”) for the quarter ended June 30, 2026; 2. Approved the audited standalone financial results of the Company as per INDAS for the quarter ended June 30, 2026; 3. Approved the audited financial statements of the Company and its subsidiaries as per INDAS and International Financial Reporting Standard (“IFRS”) for the quarter ended June 30, 2026; CEO Designate: 4. Based on the recommendations of the Nomination and Remuneration Committee, effective today, the Board approved and appointed Ashiss Kumar Dash as the Chief Executive Officer Designate (“CEO Designate”) of the Company until March 31, 2027. Further, the Board approved its intention to appoint Ashiss Kumar Dash as the Chief Executive Officer and Managing Director of the Company with effect from April 1, 2027, upon fulfilment of all statutory requirements. Ashiss Kumar Dash is not debarred from holding office of a director by virtue of any order passed by the Securities and Exchange Board of India or any other such authority. The details as required under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, brief profile and press release titled “Infosys Board Appoints Ashiss Kumar Dash as CEO designate” is enclosed as Annexure. Stock grants: 5. Based on the recommendations of the Nomination and Remuneration Committee, the Board approved the grant of 9,836 Restricted Stock Units (‘RSUs’) under the 2015 Incentive Compensation Plan (’2015 Plan’) to eligible new hires. The grants made under the 2015 Plan would vest equally over a period of three years. The RSUs will be granted w.e.f., August 1, 2026 and the exercise price will be equal to the par value of the share. Allotment of equity shares: 6. Allotted 4,77,767 equity shares of face value of ₹ 5/- each, pursuant to exercise of Restricted Stock Units by eligible employees as hereunder: • 18,465 equity shares under the 2015 Incentive Compensation Plan; • 4,59,302 equity shares under the Infosys Expanded Stock Ownership Program 2019. Consequently, effective from July 23, 2026, the issued and subscribed share capital of the Company stands increased to ₹ 20,29,02,82,985/- divided into 4,05,80,56,597 equity shares of ₹5/- each. Incorporation of a subsidiary: 7. Approved incorporation of a step down wholly owned subsidiary of the Company in Singapore. Additional information as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 will be disclosed in due course. Policy: 8. Considered and approved amendments to the Enterprise Risk Management policy. Copy of the policy will be made available on the website of the Company under the following link: https://www.infosys.com/investors.html. The Board meeting was held on July 22 and 23, 2026. The Board meeting on July 23, 2026 commenced at 1.30 PM IST and concluded at 3.38 PM IST. We are hereby enclosing herewith the financial results, press releases, and other annexures mentioned above. The same will also be made available on the Company’s website www.infosys.com. This is for your information and records. Yours sincerely, For Infosys Limited Manikantha A.G.S. Company Secretary Membership No: A21918 Annexure Details as required under Regulations 30 and 30A of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Particulars Details Name Ashiss Kumar Dash Reason for change viz. appointment, re- Appointment appointment, resignation, removal, death or otherwise; Date of appointment/re-appointment/cessation Date of appointment as CEO designate - July (as applicable) & term of appointment/re- 23, 2026 appointment; Proposed date of appointment as CEO and Managing Director- April 1, 2027 Proposed term – 5 years (April 1, 2027, to March 31, 2032) Brief profile (in case of appointment); E nclosed Disclosure of relationships between directors (in None case of appointment of a director) PRESS RELEASE Infosys Board Appoints Ashiss Kumar Dash as CEO Designate Leadership transition to be effective April 1, 2027 Bengaluru, India – July 23, 2026: Infosys (NSE, BSE, NYSE: INFY), a global leader in AI-first business consulting and technology services, today announced the appointment of Ashiss Kumar Dash as CEO Designate. This appointment is based on the recommendation of the Nomination and Remuneration Committee of the Infosys Board, and is for a period of five years, subject to the approval of shareholders. Dash is currently the global head of a diverse business portfolio comprising multiple industry verticals and is planned to succeed Salil Parekh as Managing Director & Chief Executive Officer on April 1, 2027, following the completion of Salil’s second term, after over 9 years. Having spent over three decades with Infosys, Dash has held senior leadership roles spanning customer- facing businesses, delivery, and global operations across multiple geographies. He also leads the sustainability business across the company. He has consistently delivered strong business performance, helped clients navigate complex business and technology transformations, and built high-performing global teams. The Board believes this combination of strategic and commercial acumen together with his technology delivery experience, uniquely positions him to lead Infosys through its next phase of AI-led transformation, while building on the Company's enduring strengths. Nandan Nilekani, Chairman of the Board, Infosys said, “The Board is delighted to appoint Dash as CEO Designate. Our industry is entering a period of considerable change. The Board was clear that our next CEO needed to combine the ability to drive bold transformation with the judgment to preserve the values and customer trust that have always distinguished Infosys. It gives me great pleasure that we have an internal leader as our next CEO. On behalf of the Board, I also thank Salil for his outstanding leadership over 9 years. Under his stewardship, Infosys has strengthened its market position, expanded its capabilities, delivered significant value to shareholders, and built a strong platform for future growth. Salil has been instrumental in the turnaround of the company, establishing its leadership in the digital era, and for laying the foundation for a strong and differentiated AI strategy. He will continue to lead the Company until March 31, 2027, and work closely with Dash to ensure a seamless leadership transition." Salil Parekh, MD & CEO, Infosys said "It has been an honour for me to be the custodian of such a prestigious company, to partner with the leading companies of the world as clients, and to collaborate with an incredible team. I have enjoyed leading the company from $10 billion in revenue to over $20 billion in revenue through my two terms. We have established Infosys as a leader in digital transformation and have put in place a distinctive strategy for AI transformation. We have built a strong leadership team through this journey that is deeply committed to a One Infosys agenda. Having worked closely with Dash over many years, I have seen first-hand his integrity, customer focus, and ability to lead through change. He brings a deep understanding of our clients, our business, and our people, together with the vision and capability to lead Infosys through its next phase of transformation. I look forward to working closely with him over the coming months to ensure a smooth and successful transition." Ashiss K [Showing first 8,000 characters — download PDF for full document]