Cyient Limited — Investor Presentation 2019

May 10, 2019

CYI l!NT

10 May 2019

The BSE Ltd PJ Towers 25th Floor, Dalal Street Mumbai - 400 001 Scrip Code: 532175

The National Stock Exchange of India Ltd Exchange Plaza, Bandra-Kurla Complex Bandra (E) Mumbai - 400 051 Scrip Code: CYIENT

Dear Sir/ Madam,

Sub: 8 th Investor day

The company today conducted its 8 th annual investor day with wide participation from investors and analysts at its Manikonda campus, Hyderabad. The senior Management presented insights into the business and further outlook and plans. The related presentation is enclosed and also uploaded on the website of the company (www.cyient.com).

Th;inking you Cyient Limited

N. Ravi Kumar Dy. Company Secretary

Cyientltd.

4• Floor. A Wing, 11 Software Units Layout, Madhapur Hyderabad - 500 081 India

CIN: L72200TG1991PLC013134 www.cyient.com Company.Secretary@cy1ent.com T +91406764 1000 F •9140 23110352

formerly nfotech Entcrpt,\h Lamtted

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THE POWER OF IDEAS

Cyient Investors Day FY 20

Krishna Bodanapu 10th May 2019

5/10/2019 CYIENT © 2019 CONFIDENTIAL

Contents

Cyient Leadership and FY 19 Highlights

Leadership Org Chart, What worked well, What didn't work well

Industry Landscape and

Competitor Overview

Industry Overview , Competitor Mapping & A&D Industry Overview

1

2

Strategy Execution

Ambition, Growth, Investment, Leadership and Execution

Cyient Leadership and FY 19 Updates

Cyient Leadership Team

What Worked Well

What Worked Well

What Didn't Work Well

Industry Landscape and Competitor Overview

Global Engineering Services Outsourcing Market

KEY TREND

services

FORECAST

Innovationcentric / IP based solutions Vs Manpower based engineering

~ $93 Bn Industry projected to grow at a CAGR of ~6%

Efficiency, Cost reduction and Talent availability

MARKET DRIVER

Fixed price / T&M to Risk/reward model pricing trend

COMMERCIAL MODEL

Ability to address end to end value chain through better domain capability

DIFFERENTIATION

Semiconductor

3% drop due to downturn in memory chip market. Growth expected to return in 2020

Energy & Utilities

5/10/2019 CYIENT © 2019 CONFIDENTIAL 2.5% growth driven by rising commodity prices, grid modernization and renewable focus

Industrial

Growth restrained due to economy, pricing fluctuations and material costs. Expected to rebound in 2021

Aerospace & Defense Industry Focus

	Market Drivers•Continued focus ondigital transformation	Design	Build	Maintain
	Modernization of legacy•systems-SWaP-Cconcept•Continued M&A activity	60%	23%	17%

Addressable A&D Market Size

$ 419 B

Focus Areas

• Invest in digital transformation with focus on digital MRO, digital tech Pub, AR/VR and connected machines, Connected Factory etc.
• Continue to invest in solutions and designs that utilize off the shelf technology adapted to complex environments
• Utilize Cyient position in APAC to grow partnerships and outreach to firms seeking regional growth

Strategy Execution

Ambition

Expanding from Services to Solutions New Business Accelerator Significant investments in developing technology focused solutions

Digital Focus

Technologies invested in

IoT I AR/VR I TRM I Spacebots I Additive Manufacturing I Machine Learning I Connected equipment's I Smart cities

Key Partnerships Bluebird I Sankhya Labs I Elpis I Kii I LVPEI I Coromandel

Our Digital Journey

Expanding from Services to Solutions

Our Capabilities are Comprehensive

Expanding from Services to Solutions Chip Design

Electronic Design and Manufacturing

Mechanical Design and Manufacturing

System Integration

Serviceability, Maintenance & Operations

Industry leading Earnings Growth Growth

₹ 4,898 Mn 14% YoY

• Growth driven by Semiconductor, Communications, Transportation, and Aerospace & Defense business segments.

• Services business grew by 6.3% YoY (7.6% in cc) while DLM business grew by 29.3% YoY

Growth

Industry leading Earnings Growth

FY 20 Outlook

Revenue Growth

• High single digit growth for Services in constant currency
• DLM business expected to grow by ~ 15% in constant currency

EBIT

• Double digit growth in EBIT

Others

• ETR likely to be in the range of 22.5% 23.5%
• Other income is expected to be marginally higher

Prioritizing Investments Investment Key Investment Focus Areas Identified • Avionics • Mechanical mfg. • Digital • Connected vehicles • Analytics & IoT Embedded software BU focus areas Investment themes Communications E&U A&D SI&A

• Wireless N/w engg
• NGN solution
• Field services

MT&H

• DLM

• Embedded s/w & h/w

• Product dev

• V&V

• E&U

• Asset connectivity & health

• Signalling Apps engg • Products: Asset ctrl

optimisation

• Networks: Planning, ops,

• Industrial automation
• Digital
• Embedded

Leadership and Succession Planning

5/10/2019 CYIENT © 2019 CONFIDENTIAL

Managing Early Career Program- Global focus on hiring fresh talent

Number of selections Number of selections Number of selections

Our work visa requirement is among the lowest in the peer group

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Leadership

Building 2030's Talent

Leadership Building 2030's Talent

Technology Orientation through Blended Learning Approach- 10 X focus in FY20 eLearning initiatives on AR/VR, RPA, IoT, Big Data 7000 Hrs. of learning delivered on emerging skills such as AI, RPA , Big Data 8000 Hrs. of blended learning on Cloud, Data Science, AI and crossplatform technologies 15,000+ Hours | 54 Programs | 10 Technologies Awareness Programs Beginners Track Advance Programs Technical Career Path MOOCS Solutions Orientation

1. Future Skills

2. edX 3. NPTEL

Competency-based career progression instituted in Transport and MT&H BU

~3000 Hrs. of training
delivered to on
Design Thinking,
Intrapreneurship and
solution orientation

Focused on Building a Strong Organization Culture

Diversity and Inclusion

• Structured focus on D&I
• Key Focus: Awareness, Inclusion, Gender Diversity, Ethnicity
• Cyient placed 5th out of 134 participants at United Nations Global Compact India (UNGCI) Gender Equality Summit for Best Innovative Practices Award on 'Women at Workplace'.

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Building a AGILE Culture

Execution

Building a AGILE Culture

Execution

Stakeholder Satisfaction

CSAT Percent of breakaway

Improvement of 3% YoY

Associate Satisfaction

ASAT Disengaged Associates

Lower by 3% YoY

THE POWER OF IDEAS

Thank You