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July 16, 2014 Proprietary and Confidential - 1 -

INVESTOR PRESENTATION

Q2, 2014


"Some of the statements on this presentation are neither reported financial results nor historical facts are forward-looking statements. These forward-looking statements include our financial and growth projections as well as statements concerning our plans, strategies, intentions and beliefs concerning our business and the markets in which we operate. These statements are based on information currently available to us, and we assume no obligation to update these statements as circumstances change. There are risks and uncertainties that could cause actual events to differ materially from these forward-looking statements. These risks include, but are not limited to, the level of market demand for our services, the highly-competitive market for the types of services that we offer, market conditions that could cause our customers to reduce their spending for our services, our ability to create, acquire and build new businesses and to grow our existing businesses, our ability to attract and retain qualified personnel, currency fluctuations and market conditions in India and elsewhere around the world, and other risks not specifically mentioned herein but those that are common to industry.”

Safe Harbor statement


Revenue Split by Verticals*

North America

78%

Europe 16%

Asia Pacific 6%

Revenue by Geography*

IGATE - Corporate Overview Full spectrum Technology and Process Services firm

IMPORTANT YEARS SIZE

1987 Incorporated

CLIENT QUALITY

1996 Listed on the

NASDAQ

Over $ 1.2 B Revenue

~32,742 Minds at work

292 Clients

2 Contribute $ 100 M+




250+ Client Service

Representatives

45 Sales offices

32 Delivery centers

SALES AND DELIVERY STRENGTH

EUROPE- AUSTRALIA

England, Australia, Hungary, Sweden

NORTH AMERICA

Sterling (VA), Bloomington (IL), El Paso (TX), Guadalajara (Mexico), Halifax

(Canada), Pensacola (Florida)

GEOGRAPHICAL PRESENCE

INDIA Bangalore, Mumbai,

Pune, Chennai, Hyderabad, Noida,

Gandhinagar

Banking & Financial Services,

23%

Insurance, 20%

Healthcare & Life Sciences, 9%

Manufacturing, 26%

Retail & CPG, 9%

Services, 12%

*- For Q2, 2014


Asset-Heavy

Dedicated/ Captive Model

Time and Material

Staff Augmentation

Labour Arbitrage

Maturity

Shared, Managed Services

Business Tech. Mgmt.

Monetisation of Assets/Platforms

SaaS

Cloud, Mobility Social

Agile Methodology

Verticalized CoEs

Pay-per-use, Risk and Reward Models

Verticalisation

Innovation

Transformation

Shared, Managed Services

SLA-Driven

Agile Methodology

Cloud, Platform Solutions

Test Labs, CoEs

Pay-per-use

Differentiation

Asset-Lite

Shared, Services

Resources Sharing

Test Labs

Emergence of Managed Services

Process Excellence

Shift to Managed Services Model

Shift to “Pay per use” Model

<2004 2004-2007 2007-2009 Since 2009

Clients are moving away from traditional models V

alu

e


Differentiated Business Model – ITOPS ITOPS is an integrated business model that combines process outsourcing with underlying technology

BPO delivery methods differ based

on technology used; traditional

BPO providers offer little to no

technology

Large outsourcing providers may

offer both IT and BPO, but as

separate services

IGATE differentiates itself with

fully-integrated technology and

BPO solutions (ITOPS)

ITOPS Overview TOPS Competitive Advantages ITOPS Value Proposition

Better alignment of business

processes to IT services and

infrastructure

Focus on ROI of IT investments and

business process improvement

Shift from fixed costs to variable

costs

Flexibility to ramp up or downsize

resources

Single point strategic consulting

and integrated decision support

Difficult to replicate

Requires deep industry expertise in both IT AND BPO

Requires end-to-end established processes

Requires aligned organization

Requires 180 degree change in approach to project delivery

Most competitors lack one side of offering

Many competitors operate IT and BPO in separate silos

Innovative

Enables differentiated pricing models and deeper client relationships

Outsourced Technology

Client Technology

Traditional BPO ITOPS

IGATE has won several engagements specifically due to its differentiated ITOPS business model


BANKING & FINANCIAL SERVICES

INSURANCE

MANUFACTURING

SERVICES

PRODUCT & ENGINEERING SOLUTIONS

HEALTHCARE & LIFESCIENCES

CPG & RETAIL

TECHNOLOGY

Application Management

Services

Enterprise Solutions

Infrastructure Management

Verification and Validation

Data warehousing and Business Intelligence

Digital Initiatives and Mobility

CONSULTING

IT and Cost Transformation

Process Modeling and Optimization

Product and Platform Selection

Enterprise Architecture

Quality Management

Program Management and

Service Integration

Our Industry and Services Footprint

PROCESS

IT Helpdesk

Integrated IT-BPO

Services

Enterprise-wide Service Desk

Shared Services BPO

Customer Interaction

Services

Focused on delivering Technology and Process Solutions with Strong Domain Underpinnings

Industry specific BPaaS

Life and Annuities, Property and Casualty. Re-Insurance

Wholesale Banking Retail Banking Capital Markets

Engineering processes Mining Logistics and Transportation

Retail chains QSRs CPG

Energy Analytics Media Content Management Enterprise Mobility

Medical devices Automotive ISV and OPD

Pharmaceuticals Third Party Administration


Customer Highlights

IGATE services about 300 global customers

Diversified its client base with 125 clients contributing over $1mm annually

Consistently high customer retention rates of 98-99% since 2011

Average tenure of top 20 customers is 12 years

multi-year ITOPS deal with one of the large U.S. insurance companies. (Largest deal in IGATE history)

Over $1.2bn worth of orders won in 2013, including:

A 7-year $200 million ITOPS deal with a capital markets client (European financial services provider)

A 5-year $100 million infrastructure management program with a European telecommunications company

A 5-year $109 million infrastructure management program with MetLife

Recent Mega Deal Wins

Consistently High Customer Retention

96% 98%

99% 98%

2010 2011 2012 2013

Long-term Relationships with Blue Chip Customers IGATE is the trusted partner for several Fortune 1000 clients


Leadership Team

Ashok Vemuri

President & Chief Executive Officer

Joined IGATE in 2013

Recently served as Member of the Board of Infosys Limited and its Head of Americas and Global Head of Manufacturing and Engineering Services

Established and ran the Financial Services and Insurance business in Infosys for nine years, making it the largest business unit within Infosys.

Prior to joining Infosys in 1999, he worked in the investment banking industry at Bank of America and Deutsche Bank

Honored as one of the 50 Outstanding Asian Americans in Business by the Asian American Business Center in 2013

Sujit Sircar

EVP & Chief Financial Officer

Joined IGATE in 1998 and promoted to Chief Financial Officer in 2008

Earlier held financial management roles at Wipro

Chartered Accountant by training and also an active member and speaker at various professional bodies

Joined IGATE in 2012

Managing Partner of Accenture's Financial Services practice in India and prior to his India tenure was a Partner in Accenture's North America practice

Sanjay Tugnait

EVP & Head - NAM Banking & Financial Services

Dr. Srinivas Kandula

EVP & Chief People Officer

Joined IGATE in 2007 as Global Head – Human Resources

Prior to joining, held senior HR positions at Sasken Communication Technologies and Power Grid

Derek Kemp

EVP & Head of Sales, Europe & Australia

Joined Patni in 2008 and responsible for business across all Industry verticals in EMEA

Prior to joining, he worked with LogicaCMG, Charteris, and Polestar Applied Solutions.

Nagasamy Pitchai

SVP & Head - Horizontal Business Units

Joined IGATE in 2001 and has 25+ years of experience in IT industry

Prior to joining IGATE, he worked in Keane Inc. and in Wipro Technologies


Vertical Business Leaders

Experience of over 25 years, with 15 years at IGATE

Held leadership roles with leading Product companies in diverse technology domains from embedded systems to process engineering & instrumentation.

Sanjay Salunkhe

SVP & Head - Products and Engineering Solutions

Joined Patni in 2004 and has over 25 years experience working across India, Asia and US in the manufacturing

industry Prior to IGATE, he worked with Hewlett

Packard and also with HCL Technologies

Abhay Mahagaokar

SVP & Head - NAM Manufacturing

Has over two decades of global diversified experience, which includes 15-years with IGATE

Prior to his current role, he served as North America Manufacturing & GE Sales Head and as Sales Head in ASEAN region from 1998 to 2003

Lalit Khandelwal

VP & Head - GE Business Unit

Part of IGATE for over 15 years and has 25+ years in IT services industry

Prior background includes stints in management and customer facing roles with Informix, Oracle and HCL Hewlett Packard

Ganesh Iyer

SVP & Head - NAM Insurance and Healthcare / Life Sciences

Experience of over 25 years in the service industry, across technology and consulting services

Earlier served as Partner with PwC, where he led the CFO Advisory Practice, the Outsourcing Advisory Practice and the Technology sector

Hari Rajagopalachari

SVP & Head - Retail & Consumer Packaged Goods

Has over 20 years of experience in the IT and BPO industries

Prior to joining IGATE, he worked in an

Accenture leadership role for the Atlantic division of Communications, Media, and High-Tech

Lawrence Rupp

VP & Head - NAM Services


How the industry sees us?

Industry analysts

“IGATE is not too big, not too small – Just Right; it is one of the few Indian outsourcers willing to put its skin in the game and share the risk with clients.”

“IGATE’s strength in understanding new technologies and continual drive for value delivery for diverse customer segments have allowed them to create a unique position in the market .”

"During the enterprise mobility blueprint process, IGATE consistently demonstrated a holistic vision and execution capability of digital transformation that includes social, analytics and cloud

that significantly enhances its clients' mobility experience."

Clients

“IGATE has been our trusted IS partner for over four years, delivering a high degree of flexibility and helping us deliver innovative services in Europe.”

•CIO, Large Automobile major

“Looking for a software development partner, it was very clear that IGATE was a cut above the rest. Their depth and breadth of experience in medical software is unparalleled.”

•VP Engineering, top cardiac diagnostic firm

“Our 9-year partnership with IGATE truly reflects the mature managed service deliver model that many organizations talk about, yet find hard to achieve. The IGATE model has been a great success.”

•Director of Strategic Sourcing—world’s leading Media and Entertainment company

Forrester

Frost & Sullivan

HfS Research


Industry Accolades and Recognition

Engagement Excellence Services Delivery

Industry Leadership Organizational Excellence

Outsourcing Excellence Award, Royal Bank of Canada

IT Supplier of the Year award: Weyerhauser

Strategic Supplier of the Year: Genworth

Best Supplier award TMEIC

MMA Award for Managerial Excellence

Best IT Company of the Year’, VCCircle Awards 2014

ISO 20000 certification for IT Networks and Information Support functions

BPO & IMS operations assessed at Level 3 against CMMI for Services Model v1.3

Assessed at Level 5 in SEI’s PCMM (People Capability Maturity Model™)

Second company globally to be listed in PARS as assessed at Level 5 of CMMI-Dev V1.3

‘Case in Point Platinum Award‘: Overall Case Management Excellence in Healthcare, 2011

IGATE’s Solution – RADAR, won the award for ‘Excellence in Data Management’ at FSOkx’s 7th Annual Financial Outsourcing Forum, USA

Recognized as ‘Emerging Player’ in Cloud applications and Cloud infrastructure services, in Everest Group’s 2013 PEAK Matrix reports

Ranked as ‘Leader’ amongst top outsourcing service providers and advisors; also among ‘Best 20’ in banking, markets & insurance: IAOP’s Global Outsourcing-100, 2012

Recognized as ‘Global Services 100’ Provider. Listed among: Top Global ADM Leaders, Leaders of Mid-market Enterprise Applications Deployment, Leading Mid-tier OPD Vendors, Global Leaders — Testing Services

Ranked among top ‘Established and Expansive’ players in Zinnov’s 2013 GSPR ratings for 3rd consecutive year

Received the 2014 Global Customer Value Leadership Award in Product Engineering Services, presented by Frost & Sullivan

IGATE Wins “Asia’s Best Employer Brand Awards 2013”

Conferred with Gold Level Award in Healthy Workspace 2013 assessment by Arogya World

IGATE Legal Team Wins LegalEra “In-House Team of the Year - Mergers & Acquisitions” Award, 2012-13

Ranked No. 2 in the Greater Toronto Area’s Small and Medium Best Employers survey, 2012

Ranked No. 1 in Dataquest-CMR Best Employers Survey 2012; retains position in Top Three for sixth time in a row

Wins ‘Golden Peacock Innovation Management Award’, 2012

Winner of ‘MerComm Annual Report ARC Awards 2012’

Winner of Silver in the prestigious LACP Annual Report Awards, for fifth time in a row

Ranked among Global “High Performers” in the HfS Enterprise Mobility Services Blueprint Report 2014


Steady financial growth with Gross Margins at ~40% and non GAAP EBITDA Margins at ~25%

In $m

$271 $272 $275 $283 $293 $299 $302 $312

40% 41% 38% 38%

41% 40% 38% 37%

25% 26% 24% 23% 27%

25% 25% 22%

Q3' 12 Q4 '12 Q1 '13 Q2 '13 Q3 '13 Q4 '13 Q1 '14 Q2 '14

Revenue Gross Margins EBITDA Margin (Non GAAP)

Consolidated Financial Overview

Non GAAP EPS

$0.46 $0.45

$0.51

$0.44 $0.46

$0.49

$0.45

$0.48

Q3' 12 Q4 '12 Q1 '13 Q2 '13 Q3 '13 Q4'13 Q1 '14 Q2 '14


Customer Distribution

Active Clients profile

38% 39% 39% 40% 40% 39% 38% 39%

11% 10% 11% 10% 10% 11% 11% 12%

52% 51% 50% 50% 50% 50% 50% 49%

Q3' 12 Q4 '12 Q1 '13 Q2 '13 Q3 '13 Q4 '13 Q1 '14 Q2 '14

Top 5 Clients Client 6- 10 Others

293 304 312 315 310 302 295 292

118 120 124 125 127 128 125 125

Q3' 12 Q4 '12 Q1 '13 Q2 '13 Q3 '13 Q4'13 Q1 '14 Q2 '14

Number of clients No. of million $ clients

Diversified Revenue and Client Base


Firm Name Analyst

Janney Montgomery Scott Joseph Foresi

Jefferies Jason Kupferberg

Needham & Co. Mayank Tandon

Noble Financial Capital Markets Vincent Colicchio

Nomura Financial Advisory & Securities

Ashwin Mehta

Capital Market Snapshot

Analyst Coverage

Strong Quarterly Financial Performance in Q2 2014

6.48

9.13 9.13

14.76 18.38

16.56

18.45

11.73 16.09

18.67 16.48

16.02 17.05

24.24

32.14

39.89

30.90

39.04

14-Jul-09 14-Jul-10 14-Jul-11 14-Jul-12 14-Jul-13 14-Jul-14

Firm Name Analyst

Oppenheimer Securities Glenn Greene

RBC Capital Markets Daniel Perlin

William Blair Anil Doradla

Wells Fargo Securities Edward Caso


Key strategies for growth

Focus on key geographies and core verticals Growth of Mid Sized Accounts Strategic relationship pursuits Account Rationalization

Building Dynamic, Accountable Verticals Investment in Solutions and IP Building Capabilities and Infrastructure Creating a Learning Organisation Focus on Key Client Relationships

Strong Drivers to Aid IGATE’s Focused Growth Strategy

Focused strategy to drive sustainable growth

IGATE aims to be “inch – wide and mile – deep” in its chosen areas.


IGATE: Snapshot of value drivers

Over $1.2 billion dollar company with 32,742 employees, growing 7-8%

Track record of winning large, $100m+ contracts with new clients

Potential clients are increasingly including IGATE in their RFP process

Tier 1 Player

Sticky client base due to high switching cost in the industry

Consistently high retention rates at 98% to 99%

Average client tenure is 12 years (top 20 clients)

Long-term Relationships

Healthy client mix: Top client – 16% of revenue, Top 5 – 39% and Top 10 – 51%

Improved geographic diversification with Europe now accounting for ~15.7% of revenue

Greater ability to scale across multiple core verticals

Diversified Client Mix

97% of revenue is repeat business

Increase driven by greater adoption of ITOPS solution

Improving strength and quality of pipeline

Growing Recurring Revenue

Strong liquidity position with $279m in total liquidity

Consistent free cash flow conversion of 87-88% over the past 3 years

Significant Free Cash Flow

Strong organic growth of 7-8% annually since completion of Patni integration

Strong and stable Adj. EBITDA margins at 25%

Continued debt reduction with net leverage at 1.6x EBITDA

Attractive Financial Profile

Integrated business model (ITOPS), combining process outsourcing with technology

Focus remains on ROI of IT investments and business process improvements

Differentiated Business Model

Large and growing addressable market - ~$435bn growing ~4% annually

Indian IT providers better positioned across infrastructure managed services

Industry moving to integrated business model favors IGATE’s growth strategy

Favorable Industry Trends


Thank You

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