First Quarter 2023 Results

May 2023

Disclaimer

This presentation is provided solely by TDCX Inc. (the "Company") acting in its own capacity and on behalf of its subsidiaries.

Forward-lookingstatements. This presentation may contain forward-looking statements, outcomes, forecasts, estimates, projections and opinions ("forward-looking statements"). No representation or promise is made or will be made that any forward-looking statement will be achieved or will eventuate in the future. Actual events, results, returns and operations could vary materially from those reflected or contemplated in such forward-looking statements. Similarly, no representation or promise is given by the Company that the assumptions, variables and other inputs used in or underlying this presentation are reasonable, reliable or accurate. Circumstances may change and the contents of this presentation may become outdated as a result. Forward- looking statements are by their nature subject to significant uncertainties and contingencies and reliance should not be placed upon them. Past performance of the Company and any of its subsidiaries cannot be relied upon as a guide to future performance.

Non-IFRSfinancial measures. This presentation includes certain financial measures not presented in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board ("IFRS") including EBITDA, EBITDA Margin, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Income, Adjusted Net Income Margin, Adjusted EPS, Revenue at Constant Currency and Revenue Growth at Constant Currency. These non-IFRS financial measures are not measures of financial performance in accordance with IFRS and may exclude items that are significant in understanding and assessing the Company's financial results or position. Therefore, these measures should not be considered in isolation or as an alternative to gross profit, profit for the period, cash flow or other measures of profitability, liquidity or performance under IFRS. You should be aware that the Company's presentation of these measures may not be comparable to similarly-titled measures used by other companies which may be defined and calculated differently. See the Reconciliation section in the Appendix for a reconciliation of these non-IFRS measures to the most directly comparable IFRS measure. We have not reconciled non-IFRSforward-looking revenue growth at constant currency to its most directly comparable IFRS measure, as permitted by Item 10(e)(1)(i)(B) of Regulation S-K. The revenue growth outlook indicated for 2023 is calculated and presented at constant currency, as it would require unreasonable efforts to predict factors out of our control or not readily predictable, such as currency exchange movements over the course of an entire year.

No representation. In preparing this presentation, the Company has relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which has otherwise been reviewed. Any information regarding price or value in this presentation should not be interpreted as an actual or guaranteed realizable price or value. The Company does not warrant or guarantee the performance of the Company, its assets, business, any financial product or any return associated with any investment. The Company does not make any representation or warranty, express or implied, with respect to the accuracy or completeness of this presentation, or the reasonableness of any assumption contained in this presentation and is not under any obligation to provide you with access to any additional material and reserves the right to amend or replace the same at any time upon its sole discretion. The materials in this presentation is not complete, and not intended to be relied upon, or provide the sole or principal basis of any decision or other action in relation to any transaction.

No advice and not an offer. Nothing in this presentation should be construed as or constitutes legal, tax, regulatory, accounting, investment or other (including financial product) advice or as a securities or other recommendation. Furthermore, this presentation is not intended, and does not, constitute or form part of any offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities of TDCX Inc. and any of its subsidiaries or undertakings or any other invitation or inducement to engage in investment activities, nor shall this presentation (or any part of it) nor the fact of its distribution form the basis of, or be relied on in connection with, any contract or investment decision.

Industry information. Certain industry, market and competitive position data in this presentation is based on third-party data provided by Frost & Sullivan. Such data involves a number of assumptions and limitations, and you are cautioned not to give undue weight to these estimates, as there is no assurance that any of them will be reached. Industry publications, reports, research, surveys and studies generally state that the information they contain has been obtained from sources believed to be reliable, but that the accuracy and completeness of such information is not guaranteed. Forecasts and other forward-looking information obtained from these sources and estimates are subject to the same qualifications and uncertainties.

Convenience translation. The Company's financial information is stated in Singapore dollars, the legal currency of Singapore. Unless otherwise noted, all translations from Singapore dollars to U.S. dollars and from U.S. dollars to Singapore dollars in this presentation were made at a rate of S$1.3270 to US$1.00, being the approximate rate in effect as of Mar 31, 2023. We make no representation that any Singapore dollar or U.S. dollar amount could have been, or could be, converted into U.S. dollars or Singapore dollar, as the case may be, at any particular rate, the rate

stated herein, or at all.

2

01.

HIGHLIGHTS & OVERVIEW

Highlights - Q1 2023

Revenue $124m

+8.2% YoY

(+13.1% YoY in constant currency1,2)

Profit for the period $21m

+22.5% YoY

EBITDA2 $32m

+7.0% YoY

Adjusted EBITDA2 $30m

-16.2% YoY

All amounts in USD unless stated otherwise

Revenue growth at top end of guidance despite challenging markets

Continued client growth

Client

55

+55%

Client

count

count 85

(31 Mar 22)

(31 Mar 23)

Broad-based growth;

Clients outside

Top 5 Client mix

Top 5

Improved revenue diversification Rev +45% YoY3

83% → 76%

Q1 22 to Q1 23

Strong returns

19%

Return on Equity4

FY2022

Note - Financial figures are unaudited.

  1. Revenue at Constant Currency is calculated by translating the revenue of our local subsidiaries in each period in the respective local functional currencies to the Group's presentation currency, using the average currency conversion rates in effect during the comparable prior period, rather than at the actual currency conversion rates in effect during the current reporting period.
  2. EBITDA, Adjusted EBITDA and Revenue Growth at Constant Currency are supplemental, non IFRS financial measures and should not be considered in isolation or as a substitute for financial results reported under IFRS. For a reconciliation of non IFRS financial measures to the most directly comparable IFRS measures, see the Appendix.

3. Includes additional clients attributable to our Hong Kong subsidiary.

4

4. Return on Equity: FY22 Profit for the Year over Total Equity on the balance sheet as of Dec 31, 2022.

Strong Asian foothold, expanding our global presence

18,400+

Employees

globally as at Mar 31, 2023

4 New

3 New

2 New

Geographies in

Geographies in

Geographies in

2021

2022

YTD 2023

ROMANIA

SPAIN

S. KOREA

CHINA

TÜRKIYE

JAPAN

INDIA

HONG KONG

VIETNAM

COLOMBIA

THAILAND

PHILIPPINES

MALAYSIA

INDONESIA

SINGAPORE

BRAZIL

1Q 2023 Revenue Mix

Southeast Asia2

63%

North Asia3

Global English4

23%

10%

Others

4%

Total might not add up due to rounding

Note - Financial figures are unaudited.

1.

In addition to the above geographies, companies were set up in Australia and Taiwan in 2022 to deliver business services for a client.

2.

Refers to sites in Singapore, Malaysia, Thailand and Vietnam, which mainly serve Southeast Asian languages.

5

3.

Refers to sites in Japan, China, Korea, Hong Kong and Taiwan, which mainly serve North Asian languages.

4. Refers to sites in Philippines, which mainly serve the Global English market.

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Disclaimer

TDCX Inc. published this content on 31 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 June 2023 00:30:31 UTC.