Annexure

Dear Employee,

Subject: Provident Fund Procedure

This is to inform you that Mphasis has obtained exemption order from the Ministry of Labor to start its own PF Trust.

The Trust became effective in July 2013 and since then, all transactions like settlements, transfers etc. are actioned

by MphasiS directly, and not the PF Office.

For Msource (India) Private Limited, there is no change in the process and PF will continue to be administered by Employees Provident Fund Office. Benefits of having Mphasis PF Trust:

Speedy claim settlements

Complete transparency in the progress of the settlement & easy accessibility of data at any given point

Dedicated team to address queries

Your contributions, from joining till Jun-2013, have been remitted to the RPPF Office, and they have indicated

that this will be transferred to the MphasiS Trust Account on or before March 2014. Only once the funds are

transferred, we will be in a position to settle your provident fund amount, along with interest.

The Exemption received is for Mphasis Limited and Finsource Limited. However Msource India Pvt Ltd will

continue with RPFC and you can apply for a withdrawal 60 days from your last working day by filling form 19 and

10C or you can also apply for the transfer by filling form 13 in your new organization.

Employees of Mphasis and Finsource Entity,

For Employees who joined before 1st

July 2013:

From the time your withdrawal forms are submitted with Mphasis after statutory waiting period of 60 days from your last working day, the settlement will not happen till the transfer is completed from RPFC to Mphasis PF trust, this may complete on or before Mar-2014 and No transfer can be initiated to the new Organization till the funds are transferred from RPFC to Mphasis PF Trust

Employees who joined on or after July 1 2013:

The claim forms can be submitted to Mphasis after 60 days from your last working day and the same will be settled by Mphasis PF Trust. Pension Amount (Form 10 C) will be processed and filed with PF office for further settlement. A copy of the acknowledgement from RPFC will be mailed to your personal mail id as mentioned by you in the Form. The transfer of PF will take place within 30 days from the date of receipt of Form 13 from the new employer.

Note In order to claim for withdrawal, at least one of the following conditions needs to be Fulfilled:

a) You should be going abroad for a long term, b) You should be not be employed, or c) You should be employed in an organization where PF is not deducted. Yours truly, For MphasiS Limited. MphasiS HR Off boarding Team