Dear Shareholders,

All around us, we are witnessing change of unprecedented speed, scale and complexity. The push towards a more connected digital world continues to get stronger, opening up challenges as well as opportunities for growth and innovation. Your Company remains committed to staying at the crest of emerging developments by building on its capabilities to anticipate and respond positively to the future.

Over the years, Mindtree has developed a bedrock of strong customer relationships. We will continue to deepen these engagements and forge new associations. In this, our linkage to our parent company, Larsen & Toubro, is of significant value. It enables Mindtree to answer the expectations of industry as it seeks partners who can help them unlock the full potential of digital transformation.

We see agility as much more than the physical ability to react promptly to the compulsions of change. It also encompasses the capability to accurately interpret current trends and anticipate likely outcomes. This is what the bright young minds at Mindtree are doing at our development centers across the globe. They are helping to embed technologies deeper into virtually every process, practice and system that has a bearing on the performance of an organization. This has led to enriched customer experience, tightened supply chains, and boosted business resilience, productivity and security.

The results speak for themselves. In addition to delivering industry-leading profitable growth in FY22, we have simultaneously built a platform for accelerated development that can be sustained far into the future.

We are continuing to drive growth for clients, employees as well as communities by making key investments for long-term success. Our commitment to developing capabilities ahead of the curve and providing innovative solutions to help our customers remains steadfast. By bringing the same impulse for growth and innovation that we offer other companies to our own organization, we ensure mutual success. As the world transforms, we have what it takes to not just transform with it, but lead that transformation.

My commendations to Debashis Chatterjee and his team for providing sound, strategic leadership all through a challenging period.

Take care and stay safe.

Regards,

A M Naik
Non-Executive Chairman