#1Investor Presentation July 2023 TECH mahindra Company Confidential | Copyright © 2023 Tech Mahindra. All rights reserved. 1#2Enabling multiple businesses across sectors. and countries to Rise... Mahindra & Mahindra 260K People 150+ Companies 22 Industries 100+ Countries 17 Sectors Automotive Finance 4 Core Business 풍뽕 Farm Information Technology 9 Growth Gems Logistics Real Estate Accelo Holidays Sustainability Home Finance Bristlecone Agriculture L Aero & Defense 4 Digital Business First Cry Car & Bike Porter Company Confidential | Copyright © 2023 Tech Mahindra. All rights reserved. Digi Fin Company 2#3Core Purpose We will challenge conventional thinking and innovatively use all our resources to drive positive change in the lives of our stakeholders and communities across the world, to enable them to Rise. Core Values Professionalism | Good Corporate Citizenship | Customer First | Quality Focus | Dignity of the Individual fident pyright 2023 Tech Mahindra hts reserved. Rise for a more equal world Rise to be future ready Rise to create value#4Company Confidential | Copyright © 2023 Tech Mahindra. All rights reserved. Connected World. Connected Experiences. 4#5Our Portfolio of SERVICES Infrastructure & Cloud Services Engineering Services Application Services Enterprise Security and Risk Management Services Tech Mahindra Business Process Services Business Excellence Services (Consulting) محلاها XE </> Data Analytics Network Services Testing Services Performance Engineering Product Engineering Enterprise of Future P2PR Company Confidential | Copyright © 2023 Tech Mahindra, All rights reserve#6Building an Organization Of The Future, THE TIME IS NOW. Connected World. Connected Experiences. 3-4-3 Run.Change.Grow EXPERIENCE + TECHM HR NXt NXT.NOW™M 2014 2017 2018 Company Confidential | Copyright © 2023 Tech Mahindra. All rights reserved.#7With Our Strategy: NXT.NOW™ ☑ Trends о Big Bets 1 Exponentiality Of Content 1 Human Centered Experience.NXT 2 Explosion Of Intelligent Devices 2 Business.NXT 3 Power Of New Technologies 3 Platforms.NXT Company Confidential | Copyright © 2023 Tech Mahindra. All rights reserved. 4 Cloud.NXT ☑ Objectives R Run Better ✓ Change Change Faster Ko Grow Greater 7#8Future of Services is NXT.NOWTM XAAS OFFERINGS CX, HUMAN-CENTRED EXPERIENCES AND DIGITAL DESIGN CORE TECHNOLOGIES + Communications Banking, Financial Services & Insurance CLOUD + For Communications + + ARTIFICIAL INTELLIGENCE +5G + For Ecosystem Manufacturing + + For Enterprise + Hi-Tech loT + + Healthcare & Life Sciences CYBER SECURITY + + Retail, CPG & Others BLOCKCHAIN Company Confidential | Copyright © 2023 Tech Mahindra. All rights reserved. 8#9Future of Services is NXT.NOWTM and embedded Product Engineering software capabilities via... Leading products and software capabilities IZED CUSTOMER EXPERIENCE Engineering Lodestone ZEN3 BERIS eventus CONSULTING Canned activus DYNACOMMERCE comviva .ctco Cerium bluemarble O Perigord D ALWAYS ON Connectivity netOps.ai* TECH mahindra WE MAKE WEBSITES BORN. pininfarina Experience of executing 250+ hybrid cloud projects supplemented by cloud consulting capabilities ... End-to-end offerings suite from Advisory to Apps DigitalOnUs Acomating Digital Business momenton AQT D3OP TechMVerse Natural partners of choice on 5G for CME & Entertainment. Modernizing networks for 25+ years ...with 12/ top 20 global CSPs SECURED ENT ENTERPRISE Industry-first solutions in NetOps.Al (with AWS) and 5G Lab as a Service Tech Mahindra GAIA Experiences Distinctive Creative, Content & Commerce capabilities Industry leading design and CX ... BPS.NXT for CX led Business operations BrainScale MPAC Passport NXT DWT Cloud RESILIENT SUPPLY CHAIN Company Confidential | Copyright © 2023 Tech Mahindra. All rights reserved. *representative list of verticals#10Natural Progression + Adaptive Evolution The New NXT is all under one roof CX SX PX TX DX IX OX Customer Experience Service Experience Physical Experience Technology Experience Data Experience Industry Experience Operations/ Process Experience BORN madpow B!O ZEN3 TECH Target HCigroup comviva A Tech Mahindra Company A Tech Mahindra Company pininfarina A Tech Mahindra Company A Tech Mahindra Company A Tech Mahindra Company A TECH NAHINDRA CHUANI HUMAN CENTERED EXPERIENCES Company Confidential | Copyright © 2023 Tech Mahindra. All rights reserved. 10#11Creating VALUE Revenue USD Mn 1638 1632 1668 1668 1601 EBITDA USD Mn 260 239 246 245 163 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 PAT USD Mn 143 159 157 136 84 FCF USD Mn 253 72 31 142 106 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Company Confidential | Copyright © 2023 Tech Mahindra. All rights reserved. 11#12With Deep Capabilities ACROSS VERTICALS & GEOGRAPHIES Retail, Transport & Others, 10.6% Logistics, 7.9% BFSI, 16.1% CME, 37.8% Rest of World, 24.0% Technology, 10.7% Q1 FY24 Company Confidential | Copyright © 2023 Tech Mahindra. All rights reserved. Manufacturing, 16.9% Europe, 24.6% Americas, 51.4% Q1 FY24 12#13Driving business results With emphasis on ESG#14Our Programs & Initiatives CO² $PER TON Implemented internal Carbon Price BUSINESS AMBITION FOR 1.5°C Signatory to Business Ambition of 1.5°C x Member of 1.5°C Supply Chain Leaders by Exponential Roadmap Initiative (ERI) Renewable Energy sourcing is 21.2% NXT.NOWTM Published Integrated Annual Report assured by KPMG aligned to GRI standards and TCFD, CDSB, SASB and IIRC framework SCIENCE BASED TARGETS IRANG AMBITIOUS CORTINANTE ACTION SBTI approved emission targets 区 Supply Chain audits & assessment for 115+ key suppliers on ESG aspects Conducted Capacity Building Workshop for our 165+ key suppliers on Sustainability practices Programs with Customers for making Supply Chain Sustainable Co-creating solutions with Customers and partners to solve Sustainability issues & Developing Green Solutions for Customers UN GLOBA COMPACT Signatory to UNGC Company Confidential | Copyright © 2023 Tech Mahindra. All rights reserved. TASK FORCE ON CLIMATE-RELATED TCFD FINANCIAL DISCLOSURES 3.7 million square feet of area of our campuses is Green Building certified Supporters of TCFD and Caring for Climate Developed roadmap to become Carbon Neutral by 2030 14#1510 Directors 1 Executive 9 Non-Executive Tech Mahindra emphasizes best corporate governance practices, ensuring that global best practices are followed across levels of the organisation. There are 6 Independent Non-executive Board members, half of which are women. Anand G. Mahindra Chairman, Mahindra Group Mukti Khaire Director Dr. Anish Shah CP Gurnani Haigreve Khaitan MD & CEO Mahindra Group MD & CEO Director M. Rajyalakshmi Rao Director Tech Mahindra Shikha Sharma Director TN Manoharan Director Manoh Bhat Director Penelope Fowler Director Company Confidential | Copyright © 2023 Tech Mahindra. All rights reserved. 15#16Thank You Disclaimer The information is to be treated as Tech Mahindra Confidential Information. 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