Cognizant has established solid relationships with major companies in the U.S., Europe and Asia. • Starts work on expansion of technocomplex campuses to house additional 8,000 staff • Starts work on training center with capacity for 2,000 students • Promotes Lakshmi Narayanan to President and CEO • Infopulse acquisition expands presence in continental Europe • Acquires Aces International to strengthen CRM capabilities • Named top offshore company in “Healthcare 100” • Named top technology firm in BusinessWeek’s “Hot Growth Companies” • Named top IT service firm in Forbes “25 Fastest Growing Companies” • Completes 3-1 stock split • Pioneers 4th generation offshore model • Acquires Ygyan to strengthen SAP consulting capabilities • Gartner includes Cognizant in the North American CRM Service Provider Magic Quadrant • Completes 2-1 stock split • Wins LOMA’s prestigious insurance industry award for 2nd straight year 2003 2004 Q1 Q2