BSECompany Update6 Aug 2026 · 6 Aug 2026, 05:41 pm
Enclosed
Infosys Ltd · 500209
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Infosys has entered into a 10-year strategic agreement with Crocs, Inc. to accelerate its IT system transformation, optimize global operational capabilities, and scale for future growth.
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Infosys Ltd - 500209 - Infosys To Accelerate IT System Transformation For Crocs, Inc., Optimizing Global Operational Capabilities To Scale For Future Growth
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TO ALL STOCK EXCHANGES
BSE LIMITED
NATIONAL STOCK EXCHANGE OF INDIA LIMITED
NEW YORK STOCK EXCHANGE
August 6, 2026
Dear Sir/ Madam,
Sub: Press release
Please find enclosed the press release titled “Infosys to Accelerate IT System Transformation for
Crocs, Inc., Optimizing Global Operational Capabilities to Scale for Future Growth”
This information will also be hosted on the Company’s website, at www.infosys.com.
This is for your information and records.
Yours Sincerely,
For Infosys Limited
A.G.S. Manikantha
Company Secretary
Membership No: A21918
PRESS RELEASE
Infosys to Accelerate IT System Transformation for Crocs, Inc., Optimizing Global
Operational Capabilities to Scale for Future Growth
Ten-year agreement with an aim to accelerate Crocs, Inc.’s digital transformation, streamline operations
and enable scalable growth across retail footprint
Broomfield, Colorado and Bengaluru, India – August 6, 2026: Infosys (NSE, BSE, NYSE: INFY), a
global leader in AI-first business consulting and technology services, has entered into a ten-year strategic
agreement with Crocs, Inc. (NASDAQ: CROX), a global leader in innovative casual footwear. The long-
term collaboration will apply Infosys’ AI-first platforms to modernize the global footwear company’s core
business and IT systems, helping the organization to simplify operations, reduce costs and scale for the
future.
As consumer expectations continue to rise and the retail landscape evolves at unprecedented speed,
Crocs, Inc. is investing in a resilient, future-ready digital backbone to enable sustainable global growth.
Through this strategic alliance, Infosys will aim to deliver scalable solutions across enterprise IT and
business operations, driving greater agility, insight and scale. These initiatives will break down operational
silos, unify data across the organization and aim to empower Crocs, Inc. with real-time, insight-driven
decision-making — accelerating innovation while enhancing efficiency, responsiveness and customer
experience.
Through this collaboration, Infosys will aim to accelerate Crocs, Inc.’s enterprise-wide transformation. The
initiative will help Crocs, Inc. address key industry challenges, including rising costs, inconsistent processes
and the need for increased agility. The transformation will standardize operations and aim to enable the
business to better respond to evolving consumer and market demands.
Tom Britt, Chief Information Officer, Crocs, Inc. said, "As our organization reimagines its IT landscape,
we sought a collaborator who could combine deep domain expertise with a commitment to innovation and
operational excellence. By leveraging Infosys’ proven delivery frameworks and advanced automation
capabilities, we will optimize operations, reduce costs and scale responsibly—while driving continuous
improvement and building a foundation for sustainable growth and digital resilience that positions Crocs,
Inc. for the future."
Karmesh Vaswani, EVP & Global Head, Consumer, Retail & Logistics, Infosys said, “The retail industry
is at an unprecedented inflection point, where new AI augmented, digital imaginations can be industrialized
rapidly. Crocs, Inc. is making a bold commitment to digital transformation. We are proud to collaborate with
a global footwear business that’s willing to reimagine its operations from the ground up. Our AI-first
approach will drive purposeful performance improvements unlocking AI value across Crocs, Inc.’s global
operations, scale unique innovations and accelerate profitable growth in this fast-changing global retail
landscape.”
About Crocs, Inc.:
Crocs, Inc. (Nasdaq: CROX), headquartered in Broomfield, Colorado, is a world leader in innovative
casual footwear for all, combining comfort and style with a value that consumers know and love. The
Company's brands include Crocs and HEYDUDE, and its products are sold in more than 85 countries
through wholesale and direct-to-consumer channels.
For more information on Crocs, Inc. visit investors.crocs.com. To learn more about our brands,
visit www.crocs.com or www.heydude.com. Individuals can also visit https://investors.crocs.com/news-
and-events/ and follow both Crocs and HEYDUDE on their
social platforms.
About Infosys
Infosys (NSE, BSE, NYSE: INFY) is a global leader in AI first
business consulting and technology services. Over 325,000
of our people work to amplify human potential and create the
next opportunity for people, businesses, and communities. As
navigators of enterprise transformation, we enable
businesses in 59 countries to unlock AI value at scale. With
over four decades of experience in managing the systems
and workings of global enterprises, we accelerate business
transformation through our AI-first value framework, deep
domain expertise, and our unique ability to orchestrate
innovations from our AI-native partner ecosystem. Infosys is
recognized as the fastest growing IT services brand globally,
committed to being a well-governed, environmentally
sustainable partner for our clients where deep talent expertise, in an inclusive workplace, help them
navigate their next.
Safe Harbor
Certain statements in this release, including those concerning our future events, future growth prospects,
our future financial or operating performance and our offerings and collaborations are “forward looking
statements” intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of
1995. Such forward-looking statements are based on our current expectations, assumptions, estimates and
projections about the Company, our industry, economic conditions in the markets in which we operate, and
certain other matters. These forward-looking statements are subject to substantial known and unknown
risks, uncertainties and other factors, that could cause actual results or outcomes to differ materially from
those implied by such forward-looking statements. Important factors that may cause actual results or
outcomes to differ from those implied by the forward-looking statements include, but are not limited to, risks
and uncertainties regarding the execution of our business strategy, increased competition for talent, our
ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability
to effectively implement a hybrid work model, economic uncertainties and geo-political situations,
technological disruptions and innovations such as artificial intelligence, the complex and evolving regulatory
landscape including immigration regulation changes, particularly in the United States, our Environmental,
Social, Governance (“ESG”) vision, our capital allocation policy and expectations concerning our market
position, future operations, margins, profitability, liquidity and capital resources, our corporate actions
including acquisitions, cybersecurity matters, the outcome of pending litigation and the US government
investigation, and the effect of current and future tariffs. These and additional factors that may cause actual
results or outcomes to differ from those implied by the forward-looking statements are discussed in more
detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for
the fiscal year ended March 31, 2026. These filings are available at www.sec.gov. In light of these and other
uncertainties, you should not conclude that the results or outcomes referred to in any of the forward-looking
statements will be achieved. Infosys may, from time to time, make additional written and oral forward-looking
statements, including statements contained in the Company's filings with the Securities and Exchange
Commission and our reports to shareholders. The Company does not undertake to update any forward-
looking statements that may be made from time to time by or on behalf of the Company unless it is required
by law.
Media contact
Infosys Media Contact: For more information, please contact: PR_Global@Infosys.com