Virtusa Investor Presentation — June 2018

Document content

Earnings Presentation

Q U A R T E R E N D E D 3 0 T H J U N E , 2 0 1 8

2 Forward Looking Statements

Forward -looking statements

This presentation contains forward -looking statements which are made pursuant to the safe harbor provisions of the Private Secur ities Litigation Reform Act of 1995. This

presentation may make express or implied forward -looking statements relating to, among other things, Virtusa's expectations concerning management's forecast of financial

performance; the growth of our business and management's plans, objectives, and strategies; the ability of Virtusa's clients to realize benefits from the use of Virtusa's IT

services; Virtusa’s ability to assimilate and integrate the operations of acquired businesses, including the eTouch & Polaris acquisitions, and m anagement's plans, objectives, and

strategies. Existing and prospective investors are cautioned not to place undue reliance on these forward -looking statements, wh ich speak only as of the date hereof. Virtusa

undertakes no obligation to update or revise the information contained in this presentation, whether as a result of new infor mation, future events or circumstances or otherwise.

For additional disclosure regarding these and other risks faced by Virtusa, see the disclosure contained in our public filing s with the Securities and Exchange Commission,

including our Annual Report on Form 10 -K for the fiscal year ending March 31, 2018 as filed with the Securities and Exchange Com mission.

Use of Non -GAAP measures

This presentation includes certain non -GAAP financial measures as defined by Regulation G by the Securities and Exchange Commiss ion. These non -GAAP financial measures are

not based on any comprehensive set of accounting rules or principles and should not be considered a substitute for, or superi or to, financial measures calculated in accordance

with GAAP , and may be different from non -GAAP measures used by other companies. In addition, these non -GAAP measures should be r ead in conjunction with Virtusa’s

financial statements prepared in accordance with GAAP . This presentation includes non -GAAP consolidated statement of income mea sures including non -GAAP selling, general

and administrative expense as a percentage of reported revenue (selling, general and administrative expenses, as reported on Virtusa’s consolidated statements of income (loss)

as a percentage of reported revenue, excluding stock -based compensation expense, acquisition -related charges and restructuring c harges); non -GAAP operating margin, non -

GAAP effective tax rate, non -GAAP minority interest and non -GAAP diluted earnings per share to provide further insights into the comparison of Virtusa’s operating results