Reiterates commitment to accelerate digital transformation and create sustainable business value for customers through Infosys Cobalt

BENGALURU, India, Feb. 1, 2024 --  Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced it is celebrating its 25-year partnership with SAP, a global leader in enterprise software and services. The alliance between the two companies continues to help enterprises accelerate digital transformation and create sustainable business value by bringing together the best of Infosys Cobalt and SAP's extensive portfolio of cloud applications. As part of the partnership, Infosys has worked with SAP to develop innovative solutions for enterprises across industries.

Infosys brings decades of digital transformation expertise, consulting prowess, industry cloud solutions, and an arsenal of proven tools and accelerators. Together, Infosys and SAP have partnered to develop multiple industry cloud solutions. These include personalized medicine, clinical trial supply management (CTSM) for Life Sciences, leads and proposal management for professional services, demand sensing for CPG, enhanced customer experience, sustainable sales, and operations planning (S&OP) to benefit enterprises across industries.

A recent Infosys Research underscores the pivotal role of cloud and artificial intelligence in achieving strategic priorities. Complementing the strong portfolio of industry cloud solutions, Infosys will enable enterprises to harness the power of AI, through Infosys Topaz, an AI-first offering enabling businesses to streamline and accelerate their SAP S/4HANA cloud-enabled transformations.

Christian Klein, CEO and member of the Executive Board of SAP SE, said, "For 25 years, SAP has collaborated with Infosys to transform the way businesses run and deliver market-moving innovation to our joint customers. This milestone celebration of our longstanding partnership is a testament to the strength of our collaboration and our shared ambition to deliver enhanced customer experiences and help our customers accelerate digital transformation in the cloud."

Salil Parekh, CEO & MD, Infosys, said, "We are delighted to take our long-standing partnership with SAP to new heights at a time when businesses are seeking innovative solutions to navigate an increasingly complex and competitive landscape. Our collaboration with SAP has been instrumental in delivering transformative solutions to our clients worldwide, as our joint focus is on creating cutting-edge industry cloud solutions. We are committed to helping our customers future-proof their businesses and advance sustainable growth by leveraging the combined power of SAP cloud solutions and our investments in AI and Cloud through Infosys Topaz and Infosys Cobalt."

Tapio Nuutinen, CIO of Metsä Group, said, "Infosys and SAP have helped us achieve our strategic objective of modernizing and unifying Metsä Group's ERP landscape by leveraging SAP S/4HANA and industry best practices. We are very impressed by Infosys' domain knowledge which support seamless transition into a common ERP template and harmonized business processes."

Marc Béchet, Domain Lead ERP Platform & Services, Roche, said, "Throughout Roche's 125-year journey, we have remained steadfast in our commitment to our people, partners, stakeholders and, most importantly, our patients. To help us deliver on this promise in today's dynamic business environment, we embarked on our strategic program – ASPIRE, to innovate and drive digital excellence. SAP and Infosys are crucial partners in this program. Our partnership has been instrumental in creating a digital backbone with simplified, harmonized, and standardized end-to-end business processes, underpinned by a streamlined, modernized IT landscape with an SAP S4/HANA digital core. This will contribute to continuously improving overall process efficiency and accelerating time-to-market."

Chris Chesebro, Global Chief Digital Officer, Wella Company, said, "Our collaboration with Infosys and SAP has helped to accelerate our digital transformation by building a unified set of technology capabilities that enhance customer experiences and drive growth for Wella Company. The combined expertise and capability of Infosys and SAP has helped us reset our foundational customer facing applications stack leveraging cloud technologies. We have witnessed strong improvements in operational efficiency and a focus on innovation that is translating to real business value for Wella.  We look forward to our continued collaboration to bring positive experiences to our customers across the globe."

For more information on Infosys SAP services and offerings, please visit: https://www.infosys.com/services/sap.html

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, our ability to attract and retain personnel, our transition to hybrid work model, economic uncertainties, technological innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important 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, 2023. These filings are available at www.sec.gov. 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.

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