Dear Shareholders,

I am happy to present the first Integrated Annual Report post the integration of LTI and Mindtree.

The past year was a watershed year, as we successfully created an entity that accesses the benefits of scale, and expands the array of offerings. By leveraging cross-industry expertise, we will also deliver greater value to all stakeholders. This organisation is integral to the technology-led strategic vision of the parent group, and will play a crucial role in the expansion and diversification of its services portfolio.

Our client roster covers over 700 leading global enterprises from virtually every key industry vertical. Collaborating with them and building solutions for them are our team of over 84,000+ highly talented professionals spread in 35 countries across five continents. Together, we will continue to build win-win collaborations with our stakeholders and hopefully create a much larger force for new possibilities.

Our focus on innovation, agility, and customer-centricity has allowed us to adapt to the changing needs of the market and stay ahead of the competition. With a stronger balance sheet and financial stability feeding investments in platforms, people, technologies, and client relationships, we are uniquely positioned to deliver a highly diversified portfolio of end-to-end services and skills across a wider market footprint.

As a relationship-driven company, our approach has always been people-first. The drumbeat we have set up across our teams carries our people forward on a mission-mode. We will continue to invest in crafting career strategies for them which offer professional growth and the exhilaration of personal accomplishment. We believe these people policies hold the kernel for sustained business success.

We are conscious that we operate in a global industry beset by crosswinds and rife with challenge and sudden change. We are confident, however, that our unique combination of expertise, experience, and technology will help us navigate the future while remaining centered on achieving our goals. By investing in cuttingedge technologies, platforms, and solutions, we aim to be at the forefront of helping enterprises harness the full power of technology and live up to our motto - Getting to the future, faster and together.

I welcome all our shareholders to be a part of this journey and look forward to your continued partnership and support.

Regards,

A.M. Naik
Founder Chairman