General Updates

Happiest Minds Technologies Limited Regd. Office: #53/1-4, Hosur Main Road, Madivala, Bengaluru-560068, Karnataka, India CIN of the Co. L72900KA2011PLC057931 P: +91 80 6196 0300, F: +91 80 6196 0700 Website: www.happiestminds.com Email: investors@happiestminds.com November 02, 2026 Listing Compliance & Legal Regulatory Listing & Compliance BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai 400 001 Bandra East, Mumbai 400 051 Stock Code: 543227 Stock Code: HAPPSTMNDS Dear Sir/Madam, Sub: Earnings Presentation on the financial results of Q2 for FY’27 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed a copy of the Earnings Presentation on the financial results of the Company for the quarter and half year ended September 30, 2026, that will be circulated to the Investors/ Analysts for the Earnings Call scheduled on November 03, 2026, at 9:00 A.M. (IST). This is for your information and records. Thanking you, Yours faithfully, For Happiest Minds Technologies Limited Praveen Kumar Darshankar Company Secretary & Compliance Officer Membership No. F6706 Investor Presentation Q2 FY 27 Happiest Minds AI First customer-obsessed digital engineering and Mindful IT company 310+ Great Place To Work® Active Clients Top 100 India’sBest Workplaces 95 in IT & IT-BPM for 2024 Fortune2000 / Forbes200 Top 100 India’s Best Workplaces Billion $ Corporations for Women 2024 Top 50 India’s Best Workplaces in 95.1% Repeat Business Health & Wellness 2024 Mission Statement 6,466 Happiest People Top Employers Happiest Minds Happiest Customers Happiest Minds Recognized as Top across 16 Countries SMILES Values Employer India 2026 for Sharing, Mindful, Integrity, Learning, 27% Gender Diversity People-First Practices Excellence, Social Responsibility IPO - In September 2020 • Completed 15 years in March 2026; ~700,000 shareholders • Proposed merger with ITCI announced on August 31, 2026. Golden Peacock • Combined entity targets US$1B revenue by FY28. Corporate Governance Award 2022 Business Excellence Award 2021 Disclaimer: All logos are the property of their respective owners. 2 AI First. Agile Always. Built for the AI-Native Enterprise Proven at Scale AI-First by Design Multiple GenAI & Agentic AI use cases have GenAI and Agentic AI are core to how moved from early prototypes to live, we design, build, and deliver solutions. repeatable solutions for clients. Turning AI as a Responsible and Ready AI-Native Delivery Model Core Enterprise Responsible AI by default, with 75%+ Our AI Services Delivery Platform GenAI-enabled developers & testers enables human and AI to work together Capability and a talent base with 600 AI to deliver faster, better, and at lower cost. specialists Agentic AI Leadership Industry AI Innovation End-to-end Agentic AI capabilities spanning Building AI solutions and accelerators AI assistants, domain copilots, AI-native to improve business efficiency across platforms, ITSM, cybersecurity, and Business domains operations. ©Happiest Minds Confidential. 3 Our Business IoT Blockchain DevOps & Product & Digital Cloud Engineering Services Generative AI Business Services Software Defined BPM & Networking / NFV Agile and Secure Integration Infrastructure Services Big Data & Advanced Security Analytics Industry Groups (IG) BFSI EdTech Healthcare & Life Industrial, Manufacturing and Hi-Tech and Retail, CPG & ©Happiest Minds Confidential. Sciences Energy & Utilities Media & Entertainment Logistics 4 Confidential – www.happiestminds.com 4 Our Business PDES GBS IMSS Infrastructure Management and Security Services Product and Digital Engineering Services Generative AI Business Services Infrastructure ▪ Digital Foundry ▪ Generative AI Applications ▪ Cloud & DC Infrastructure ▪ Startup Technology ▪ Generative AI Custom Models ▪ Digital Workspaces Acceleration ▪ Full-Scale Generative AI Offerings ▪ Networks ▪ Platform Engineering ▪ Text Based LLM’s ▪ ITSM, ITOM Tools & Platforms ▪ Device Engineering ▪ (CoE) for Generative AI Security ▪ Quality Engineering ▪ Generative AI Security ▪ Cyber, Infrastructure & Data ▪ Consulting and Domain-led ▪ Generative AI Quality Testing Security Offerings ▪ Generative AI infrastructure ▪ Data Privacy, Governance, Risk management & support services & Compliance ▪ Identity & Access Management CoEs AI / Analytics Internet of Things Digital Process Automation Next-Gen Technologies ▪ Modern Data Warehouse, ▪ Connecting Manufacturing ▪ Digital Automation Consulting ▪ Blockchain & Web 3.0 AI & Data Science ▪ Connecting Supply Chain & for Applications / Infrastructure ▪ Metaverse & AR/VR ▪ Data Lakes Distribution ▪ Drones & Robotics ▪ Stream Analytics ▪ Connecting Product ▪ Connecting Services © Confidential – www.happiestminds.com 5 For a Global electronics distributor Happiest Minds has been selected as a cloud engineering partner for Azure administration, infrastructure automation, cloud networking and observability. For a Global AI-powered Digital For a Global electronics distributor For a US healthcare TPA Asset Management (DAM) platform Happiest Minds has been selected as a cloud company Happiest Minds has been selected as a Data & engineering partner for Azure administration, Analytics partner to implement data analysis, infrastructure automation, cloud networking and engineering and governance. Happiest Minds has been selected as a strategic observability. AI-led technology partner to establish and scale its Bengaluru GCC, with a transformation-led operating model focused on productivity, talent enablement, and scalable delivery. For a US skincare, beauty and For India’s leading manufacturer of For an Indian specialty steel personal care manufacturer commercial vehicles manufacturer Happiest Minds has been selected as the strategic Happiest Minds has been selected as a strategic Happiest Minds has been selected as a strategic Managed Services Partner to support its IT technology partner for its next-generation transformation partner for SAP integrated operations through a multi-year engagement. connected vehicle platform, driving platform production planning, scheduling, real-time WIP operations, automation and scalability as it visibility, operational dashboards and future AI- advances its Software Defined Vehicle journey. driven manufacturing capabilities. ©HappiestMindsConfidential. 6 ISG Provider Lens® for Generative Contender in Agentic AI AI Services 2026 (Global) Development & Deployment Services – Midsize in the ISG Provider Lens® • Product Challenger in Strategy & Agentic AI Services 2026 (Global) Consulting Services - Midsize EVEREST • Product Challenger in Development & Deployment Services - Midsize Major Contenders in Insurance Claims Operations PEAK Matrix® ISG’s Manufacturing Industry Services and Solutions 2026 Assessment 2026 US Region • Contender in Engineering Research & Development (ER&D) Services and Physical AI and Smart/Digital Factory Services • Product Challenger in Supply Chain and Aftermarket Services and Technology, Transformation and Consulting Services Europe • Product Challenger in Technology, Transformation & Consulting Services and Contender in Engineering Research & Development (ER&D) Services ©Happiest MindsConfidential. 7 Financial and Operational Performance Q2 FY 27 Results Q2 FY27 All amounts in ₹ Lakhs unless stated otherwise Particulars Q2 FY27 Q1 FY27 QoQ Q2 FY26 YoY HY 27 HY 26 YoY Notes: Revenues 64,543 62,851 2.7% 57,357 12.5% 1,27,394 1,12,347 13.4% 1. Amortization/Unwinding interest are non- cash items related to acquisitions. Other Income 2,056 2,369 2,161 4,425 5,164 2. Exceptional item : ₹398 lakhs incurred towards the proposed merger with ITC Total Income 66,599 65,220 2.1% 59,518 11.9% 1,31,818 1,17,511 12.2% Infotech in Q2 FY27. 3. Adjusted PBT/ Adjusted PAT is calculated Operating Margin 11,911 10,868 9.6% 9,733 22.4% 22,778 [Showing first 8,000 characters — download PDF for full document]