Name of the target entity CMA Systems FZ-LLC Whether the acquisition would fall No within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? Industry to which the entity being Information Technology acquired belongs Objects and effects of acquisition As part of a strategic program spanning seven years that will help simplify and transform the CMA CGM's (a leading worldwide shipping group) IT applications, Infosys is purchasing 100% of the shareholding of CMA Systems FZ-LCC which is CMA CGM's remote IT support and development center in Dubai Any governmental or regulatory Yes, approval of Dubai Creative Clusters Authority approvals required for the will be required for the consummation of the acquisition transaction Indicative time period for The transaction is expected to close during the completion of the acquisition third quarter of fiscal 2018, subject to customary closing conditions Nature of consideration Cash Cost of acquisition or the price US Dollar 1 at which the shares are acquired; Percentage of holding 100% of the share capital Brief Background Incorporated on 27 September 2007 as a Free Zone Company with limited liability under the provisions of the Dubai Technology & Media Free Zone Private Companies Regulations 2003 (currently known as Dubai Creative Clusters Authority). 100% subsidiary of CMA CGM SA (a company registered in France). Business operations in Dubai. Offerings: Remote IT Application support and development for CMA CGM
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CONTACT: Press contactmedia@cma-cgm.comMedia contactsAsia PacificSarah GideonInfosys, India+91-80-4156-3998Sarah_Gideon@infosys.comEMEAMargherita Di CerboInfosys, Europe+44-2075162748Margherita.DiCerbo@infosys.comAmericasChiku SomaiyaInfosys, USA+1-408-375-2722Chiku.Somaiya@infosys.com
