Culture & History Our business culture reflects the fact that we were born global as a unit of U.S.

-based Dun & Bradstreet with operations based in India. As a result, weve always been multicultural, which has eased our expansion in more and more markets around the world. Many of our senior managers have extensive international business experience and educational backgrounds. In fact, our CEO was born in Kenya, educated in Asia and the U.S., and has lived throughout the world. U.S. corporate citizen a local around the world Although headquartered in the U.S., we continue to enjoy high standing as local player and an employer of choice with a strong reputation for excellence in India. As a testament, we consistently garner top recruitment honors at the leading institutes of Technology and Business Management there Business Culture Our customer first mantra is driven by business practices that are flexible and focused on always doing whats right for our clients. Competitors may say it, but clients tell us that we truly excel at partnering closely. Speak with some of them. Our clients will tell you about the extraordinary lengths our people go to solve problems, or just help out. Our employees take a can-do attitude, finding flexibility beyond the contractual terms of our partnership. Whether the need is for additional or more skilled resources, midcourse strategic corrections, service-level refinements or no-nonsense feedbackwe will be there to ensure that what we deliver meets or exceeds your expectations. The proof is clear. In our recent annual customer satisfaction survey, over 90% of clients expressed a high degree of satisfaction with us. Thats the third year in a row weve received this high praise. This level of client satisfaction i s extraordinary in our industry. Responsiveness, accountability and quality assurance are core to our delivery model. If problems arise, we work overtime to get the job done. Our people are proud of our track record, and stay constantly focused on clients success. Talent Worldwide We continuously seek the best and the brightest when we recruit new employees, and were consistently an employer of choice at leading engineering and business schools around the world. Our domain industry

specialists have well-established backgrounds working with companies in the industries we serve. Our teams and their talent are a principle reason that we consistently outperform the competition.

Our training and development capabilities are the best in the industry, and they emphasize process and methodology, as well as client satisfaction. Staff turnover is extremely low (only 10% voluntary), so the team assigned to your business will most likely remain. We offer equity ownership, and weve consistently received the highest employee satisfaction among Indian software companies, where we are one of the largest technology employers.

We are the only major global services company with talent organized around vertical industries and horizontal solutions, rather than regions and development centers. Our deep domain expertise in key vertical industries originates from the company we keep. It now spans financial services; healthcare and life sciences; manufacturing-logistics and retail; and communications, information, media and entertainment services. Within these industries, we leverage a wide array of solution accelerators, frameworks and agile development methodologies spanning the entire technology stack to quickly and efficiently meet your business needs. Importantly, we have proprietary CMMi-Level 5 processes to successfullyCorporate Governance You can be assured that our business affairs are conducted to the highest standards of personal and corporate conduct. Our senior leadership team has established and maintained a strong ethical climate, overseen by an independent Board of Directors. Our policies and practices reflect corporate governance initiatives that are compliant with the listing requirements of NASDAQ and the corporate governance requirements of Sarbanes-Oxley. Corporate Governance Guidelines Our Corporate Governance policies reflect our core values. They are defined by:

Ethical Standards: Clear and established core values and standards of business conduct, corporate governance, and code of ethics are monitored and annually affirmed by our associates via our annual employee survey. Independent Board of Directors: A majority of our Board of Directors are considered to be independent under the rules and definitions of the NASDAQ stock market. Each Cognizant Director is required to

complete an extensive annual survey to ensure that conflicts of interest or other factors do not exist that could interfere with the exercise of independent judgment. Our Board has many long-serving members who are dedicated to maintaining effective oversight and governance of the company. Nominating and Corporate Governance Committee: This committee develops and recommends corporate governance policies and oversees the evaluation of the effectiveness of the Board. Audit Committee: The purpose of this committee, among other things, is to assist the Board in fulfilling its oversight responsibilities by reviewing the financial information provided to shareholders and others; reviewing the systems of internal controls; appointing, retaining and overseeing the work and performance of the independent registered public accounting firm; and overseeing our accounting and financial reporting processes and the audits of our annual and quarterly financial statements and related disclosures. Each member of our Audit Committee is an independent director; one member is an audit committee financial expert. Black-out/Insider Trading Policy: An exceptionally stringent Insider Trading policy was designed to prevent the occurrence or even the appearance of improper trading in our stock by associates and directors. This policy provides assurance to our shareholders, analysts and others that the market for our stock is a fair one and not improperly influenced by those that may be in possession of non-public information. Whistle-blower Hotline: We maintain a whistle-blower hotline through which Associates, Customers, Vendors and others can anonymously communicate concerns about ethical behavior directly to Executive Management and the Board of Directors. The hotline has been in place since 2004 and reflects managements commitment to the highest standards of ethical behavior. Code of Ethics: We recently updated our Code of Ethics to reaffirm our Core Values and emphasize the standards of conduct that we expect from Associates. The Code is important because it instills trust and confidence in the minds of our clients, shareholders, partners and Associates and supports our empowered, client-first culture. The Code is an invaluable resource in assisting Associates and Managers with decision-making to ensure that our business is conducted with integrity and honesty. Professional Guidance: Both outside legal counsel and independent accountants ensure that effective governance practices and regulations are followed. Examples of such practices include Board approval of acquisitions of related-party transactions, complete and accurate disclosures in public filings such as our annual report and the performance of annual audits of our financial statements. Dedicated Internal Compliance Resources: Cognizant employs a General Counsel, Chief Compliance Officer and Chief Security Officer. These individuals and their staffs serve to ensure that management and Associates are in compliance with all internal polices and external laws and regulations.

manage and complete these projects consistently from any of our global, regional or local delivery centers.