Slide 1: Investors' Presentation filing letter to exchanges
6th February, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex, Mumbai P.J. Towers, Dalal Street, Mumbai Kind Attn: Manager, Listing Department Kind Attn: Manager, Listing Department Stock Code – SONATSOFTW Stock Code - 532221 Dear Sirs/Madam, SUB: INVES
Slide 2: Q3 FY'26 Investor Presentation
Q3 FY’26 INVESTOR PRESENTATION www.sonata-software.com
Slide 3: Sonata: A modernization engineering firm
Sonata: A modernization engineering firm… From: Mid-caps: 80-20 Business Heads / Run-Change CXO’s to transform their firm To: 80-20 Large caps: Change-Run CIO looking for AGILE partners Speed, Efficiency, and Growth 2 © Sonata Software Ltd., 2026. Confidential.
Slide 4: Sonata At A Glance
39 Years IT solutions provider Delivering Outcome-based Sonata Public Listed Modernization Services At A (SONATSOFTW) Glance We are a Modernization and a $1.2B+ Cloud Data Revenue Digital Engineering company powered by our unique PLATFORMATION 15.4% framework. 10 years CAGR Dynamics AI Consulting 64
Slide 5: Serving Our Global Clients with Right Talent Mix
APAC Bangalore Hyderabad UK & Europe Chennai London Serving Our Delhi Dublin Kolkata Amsterdam Pune Global Clients Canada Frankfurt Mumbai Toronto Ahmedabad USA Vancouver Selangor (Malaysia) with Right Redmond Singapore Atlanta, GA Shanghai Fremont, CA Kumamoto (Japan) Talent Mix East Brunswick, NJ
Slide 6: Key Verticals, Partners, IPs
Key Verticals, Partners, IPs TMT AgentBridge Technology, Media and Telecom Partnership Harmoni.AI Tech Domain RMD Ecosystem Retail, Manuf., Travel and Workbox.io Distribution + Lightning Build BFSI Banking, Financial Services and Insurance HLS Sustainability Target: Net Zero Emission by 2050 Healthc
Slide 7: What's Working Well for Us…
What’s Working Well for Us… AI & Verticals / Modernization Partnerships AI Win -$13.7M • MS Sell to, HLS, AI led Pipeline - $335M BFSI, TMT Cloud & Data • AWS and MS pipeline is 57% Sell with • Talent Large Deals Domestic 2 Large deals won Business during Q3FY’26 Steady GC growth – 18.0% CAGR over 5
Slide 8: Large Deals and Accounts
Large Deals and Accounts Steady increase in Large Deals Between FY22 and to date – we have closed ‘NET NEW’ 26 deals with TCV of $483M $73M – TMT client $56M – Healthcare client $11M – Healthcare client Cloud Modernization Cloud & Infra Operations Platform Engineering 32 large deals in the pipeline
Slide 9: We Won Two Large Deals in Q3 – Healthy Large Deal Pipeline
We Won Two Large Deals in Q3 – Healthy Large Deal Pipeline Large Deals Pipeline Fintech & Payments – US Platform & Data Modernization Mortgage Services – US of Active Pipeline of Large deals pipeline are Cloud Modernization consists of Large Deals with Fortune 500 clients Large Deals in the pipeline
Slide 10: Sonata Launches AgentBridge 5.5
Sonata Launches AgentBridge 5.5 9 © Sonata Software Ltd., 2026. Confidential.
Slide 11: Large Deal Win: AI led Platform & Data Modernization
A major global financial technology (fintech) and payments company headquartered in Client Milwaukee, Wisconsin. It is one of the most influential firms powering banking, payments, and commerce infrastructure worldwide. The company provides technology Large Deal Win: Overview solutions that support
Slide 12: Large Deal Win: AI led Cloud Modernization
one of the largest U.S. mortgage servicers, managing loans for over 2.6 million Client customers. As a subsidiary of Bayview Asset Management, it offers, purchases, and Large Deal Win: services a wide range of products including FHA, VA, USDA, and conventional loans. Overview They provide online too
Slide 13: Deal Win: AI-driven automation to manage and transform ERP platform
A leading quick-service restaurant (QSR) operator with one of the largest delivery footprints across the UK and Ireland. It manages a digitally driven, franchise-led network serving millions Client of customers annually. With more than a thousand stores in the region, it focuses heavily on Deal Win:
Slide 14: Deal Win: Agentic AI driven Managed Services
A leading food manufacturer specializing in a wide range Client of dressings, sauces, mayonnaises, oils, shortenings, and culinary Deal Win: Overview bases for foodservice, retail, and industrial customers globally. joint venture between CHS, Inc. and Mitsui & Co Agentic AI Areas in Scope driven Man
Slide 15: Modernization Success…
Modernization Success… Our big bets on Cloud & 22% 22% 17% 14% Data has scaled… 27% 23% 23% 28% Between FY22 and now – we 63% increased Cloud & Data as a 59% 50% 52% percentage of revenue from FY 23 FY 24 FY 25 FY 26 YTD Cloud & Data Dynamics Others 14 © Sonata Software Ltd., 2026. Confidential.
Slide 16: Verticals & Geos Scale up …
Verticals & Geos Scale up … HLS + BFSI continue to scale (9% to 31%). TMT is witnessing a resurge; US scales steadily Vertical Split Geo Split 9% 13% 31% 33% 4% 54% 69% 32% 5% 74% 73% 31% 31% 26% 46% 17% 9% 33% 12% 30% 20% 18% 14% 14% FY22 FY 25 FY26 (upto 3rd Qtr) FY 23 FY24 FY25 FY 26 (upto Qtr 3)
Slide 17: Our GTM's are Aligned with Our Partners and Our Investment Focus
Service Cloud Apps Data & Microsoft Hyper Managed Experience Modernization Analytics Business Apps Automation Services Our GTM’s Transformation are Aligned with Our Partners and Our Investment Focus… MSFT Market Place Partners 16 © Sonata Software Ltd., 2026. Confidential.
Slide 18: Microsoft-Sonata Partnership: 30+ Years of Jointly Driving Customer Success
Microsoft-Sonata Partnership: 30+ Years of Jointly Driving Customer Success Partner for RPA Partner for Migration 100 Microsoft Fabric Sonata named again in Inner Circle for Microsoft Business Application 2024-25 AI/Gen-AI 400+ Clients $650+ Million Across The Globe Per Annum Revenue To Industry Par
Slide 19: Success Stories (1/4): Development and deployment of 'Future of Search' solution
Locations Client Industry A world's leading integrated UK, Europe, Nordics, Success Stories (1/4) Overview Travel Caribbean & North Africa tourism company Development and • Need for improving hit ratio during conversation-based • Developed a multi-agent orchestrated AI solution for • Improved rankin
Slide 20: Success Stories (2/4): Enhancing D365 CE Implementation
Success Stories (2/4) Client Industry Locations: US based health Overview Insurance Serving 1.9 M customers from 9 offices insurance company Enhancing D365 CE Implementation • Delay in finding relevant • Utilize advanced solutions of • Reduced Call Handling Time information about policy and AI & aut
Slide 21: Success Stories (3/4): Agentforce Innovation: Implementation
Client Industry Locations One of the US based largest continuing Success Stories (3/4) Overview Healthcare USA care retirement communities Agentforce Innovation: • Slow response times to resident and prospect queries • Provides personalized experiences by role across • Faster Engagement & Better Exp
Slide 22: Success Stories (4/4): Microsoft Dynamics 365 F&O rollout for Japan entity
Locations Global leader in industrial Client Industry 40 countries across globe power transmission and Success Stories (4/4) Overview Manufacturing conveyor belting solutions Microsoft Dynamics 365 • Operational challenges to keep up with the business growth • Simplified the Global CSC template to c
Slide 23: Key Partnership
Key Partnership 22 © Sonata Software Ltd., 2026. Confidential.
Slide 24: Key Recognition
Key Recognition 23 © Sonata Software Ltd., 2026. Confidential.
Slide 25: People – Our Key Strength
People – Our Key Strength 24 © Sonata Software Ltd., 2026. Confidential.
Slide 26: Financial Highlights
SONATA The Modernization CUCL Engineering Company ATA SOFTWARE. FINANCIAL HIGHLIGHTS
Slide 27: Sonata Software consolidated PAT grew by 6.1% QoQ
Sonata Software consolidated PAT grew by 6.1% QoQ. International EBITDA accretion of 2.2% QoQ and Domestic GC grew by 10.8% QoQ. Consistent quarterly interim dividend of INR 1.25 per share INR Crs. 26 © Sonata Software Ltd., 2026. Confidential.
Slide 28: Financial Performance of International Services – Q3FY26
Revenue in $ Mn EBITDA & PAT in $ Mn Reported Currency Constant Currency 0.4% QoQ 0.3% QoQ PAT 1.0% QoQ 33.4% YoY 5.4% YoY 6.8% YoY Financial Performance of International *$10. 3 Services – Q3FY26 Return on Capital DSO 27 © Sonata Software Ltd., 2026. Confidential.
Slide 29: International Services: Revenue Insights
Client Metrics New Customers added International Services: Revenue Insights * * Client Contribution to Revenue Revenue by Geography *includes multi year large deals 28 © Sonata Software Ltd., 2026. Confidential.
Slide 30: International Services: Operating Parameters
Headcount by Function 6,643 336 International 103 6,156 314 5,903 * G&A Services: 6,204 109 303 104 S&M Delivery Operating 5,733 5,496 Total Parameters Q3 25 Q2 26 Q3 26 Utilization Attrition% * In Q3’26, total headcount including domestic business stood at 6,404. 29 © Sonata Software Ltd., 2026. Co
Slide 31: International Services: Q3'26 Revenue Composition
International Services: Q3’26 Revenue Composition Others BFSI Emerging 7% 4% (Q2’26: 1%) 13% (Q2’26: 19%) (Q2’26: 3%) Emerging 9% (Q2’26: 11%) Retail and Manufacturing 36% Cloud TMT (Q2’26: 33%) 47% 31% (Q2’26: 42%) (Q2’26: 31%) Verticals Mix GTM Dynamic 21% (Q2’26: 26%) HLS 16% Data (Q2’26: 14%) 16
Slide 32: Domestic Business: Financial Performance Q3 FY26
Domestic Business: Financial Performance Q3 FY26 Revenue (INR crs) Gross Contribution , EBITDA &PAT(INR crs) *$10. 3 Cloud ~88.7% 68.5% QoQ GC 10.8% QoQ EBITDA 20.9% QoQ PAT 11.6% QoQ Annuity ~78.6% 31 © Sonata Software Ltd., 2026. Confidential.
Slide 33: Domestic Business: Additional Insight Q3 FY26
Domestic Business: Additional Insight Q3 FY26 Net working Capital ÷ Gross Contribution DSO Head Count Return on Capital 32 © Sonata Software Ltd., 2026. Confidential.
Slide 34: Thank You
THANK YOU www.sonata-software.com