Key Development

The United States Department of Labor announced the suspension of new and pending applications under the PERM program for certain companies, including Infosys Limited. The Company was in the process of verifying information and evaluating appropriate next steps following this announcement, which caused a delay in disclosure.

Company Response and Assessment

Infosys welcomes the opportunity to work with the Department of Labor and related government agencies to answer any questions they may have. The Company does not anticipate the suspension announcement to have a material impact on the organization.

Operational Context

Infosys has invested in building a strong local workforce and technology and innovation hubs in the United States. The Company remains committed to its employees, clients, and communities across the United States and to complying with all applicable laws and regulations.

Forward-Looking Statements Disclaimer

The disclosure contains forward-looking statements concerning the impact of the PERM application suspension, which are subject to substantial risks and uncertainties. Important factors that may cause actual results to differ include:

  • Risks regarding execution of business strategy
  • Increased competition for talent and ability to attract and retain personnel
  • Increase in wages and investments to reskill employees
  • Economic uncertainties and geo-political situations
  • Technological disruptions and innovations such as artificial intelligence
  • Complex and evolving regulatory landscape including immigration regulation changes, particularly in the United States
  • ESG vision, capital allocation policy, and market position expectations
  • Corporate actions including acquisitions
  • Cybersecurity matters
  • Outcome of pending litigation and US government investigation
  • Effect of current and future tariffs

These risks are discussed in more detail in the Company's US Securities and Exchange Commission filings including the Annual Report on Form 20-F for the fiscal year ended March 31, 2026.