Infosys Ltd. — Regulatory Filings 2021

May 6, 2021

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TO ALL STOCK EXCHANGES

BSE LIMITED NATIONAL STOCK EXCHANGE OF INDIA LIMITED NEW YORK STOCK EXCHANGE

May 6, 2021

Dear Sir/ Madam,

Sub: Submission of half yearly disclosure on Related Party Transactions pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Please find enclosed the disclosure on related party transactions on consolidated basis, drawn in accordance with applicable accounting standards as per the requirements of Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, for your information and records.

This information will also be hosted on the Company’s website, at www.infosys.com.

Yours Sincerely,

For Infosys Limited

A.G.S. Manikantha Company Secretary

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DISCLOSURE OF RELATED PARTY TRANSACTIONS – ON CONSOLIDATED BASIS

In pursuance with Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) (Amendments) Regulations, 2018

List of Key Managerial Personnel:

 Whole-time directors:

• Salil Parekh, Chief Executive Officer and Managing Director

• U. B. Pravin Rao, Chief Operating Officer

• Chairman (Non-Executive and Non-Independent Director)

  • Nandan M. Nilekani

• Independent directors

• Kiran Mazumdar-Shaw

• Michael Gibbs

• Roopa Kudva (retired as member of the Board effective February 3, 2020)

• D. Sundaram

• D.N. Prahlad (resigned as a member of the Board effective April 20, 2020)

• Uri Levine (appointed as an independent director effective April 20, 2020)

• Bobby Parikh (appointed as an independent director effective July 15, 2020)

• Dr. Punita Kumar-Sinha (retired as member of the Board effective January 13, 2021)

• Chitra Nayak (appointed as an independent director effective March 25, 2021)

 Executive Officers

• Nilanjan Roy, Chief Financial Officer

• Ravi Kumar S, President and Deputy Chief Operating Officer

• Mohit Joshi, President

• Krishnamurthy Shankar, Group Head - Human Resources

• Inderpreet Sawhney, Group General Counsel and Chief Compliance Officer

• Company Secretary

  • A. G. S. Manikantha

The table below describes the compensation to the above key managerial personnel:

			(In ₹ crore)	(In ₹ crore)
Particulars	Three months ended March 31,		Year ended March 31,
	2021	2020	2021	2020
Salaries and other employee benefits to whole-time directors, executive officers and Company Secretary(1) (2)	37	29	144	118
Commission and other benefits to non-executive / independent directors	1	2	6	8
Total	38	31	150	126

(1) For the three months ended March 31, 2021 and March 31, 2020 includes a charge of ₹20 crore and ₹11 crore, respectively, towards employee stock compensation expense. For the year ended March 31, 2021 and March 31, 2020 includes a charge of ₹76 crore and ₹56 crore respectively, towards employee stock compensation expense which includes the impact of stock price appreciation wherever applicable.

(2) Does not include post-employment benefit based on actuarial valuation as this is done for the Company as a whole.