29 Mar 2017 | Livemint.com

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Wipro Ltd.

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Wipro Ltd. Accounting Policy

CORPORATE GOVER RT 2015-16

I. Wipro's Philosophy on Corporate Governance

We believe in adopting best practices of corporate governance and focus on enhancement of long term stakeholder value without compromising on ethical standards and corporate social responsibilities. Corporate governance philosophy of Wipro is put into practice through robust board governance processes, internal control systems and processes, and strong audit mechanisms. These are articulated through Company's Code of Business Conduct, Corporate Governance Guidelines and charters of various sub-committees of the Board of Directors ("Board") and Company's Disclosure Policy.

The "Spirit of Wipro" represents core values of Wipro framed around these Corporate Governance principles and practices. The three values encapsulated in the Spirit of Wipro are Corporate Governance philosophy is put into practice at Wipro through the following four layers, namely,

• Governance by Shareholders,

• Governance by Board of Directors

• Governance by Sub-committees of Board, and

• Governance through management process

In this report, we have provided details on how the corporate governance principles are put in to practice within Wipro.

Board of Directors Composition of Board

As at March 31, 2016, our Board had seven non-executive directors and four executive directors, of which one executive director is the Chairman and Managing Director of our Board. All the seven non-executive directors are Independent Directors and free from any business or other relationship that could materially influence their judgment. All the Independent Directors satisfy the criteria of independence as defined under the Companies Act, 2013, the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") and the New York Stock Exchange Listed Company manual. The profiles of our Directors are given at page no. 18 onwards.

Information Flow to the Board Members

Information is provided to the Board Members on a continuous basis for their review, inputs and approval from time to time. More specifically, we present our annual Strategic Plan and Operating Plans of our business to the Board for their review, inputs and approval. Likewise, our quarterly financial statements and annual financial statements are first presented to the Audit Committee and subsequently to the Board of Directors for their approval. In addition, specific cases of acquisitions, important managerial decisions, material positive/negative developments and statutory matters are presented to the Committees of the Board and later with the recommendation of Committee to the Board of Directors for their approval.

As a system, in most cases, information to Directors is submitted along with the agenda papers well in advance of the Board meeting. Inputs and feedback of Board Members are taken and considered while preparation of agenda and documents for the Board meeting.

We regularly schedule meetings of our business heads and functional heads with the Directors. These meetings facilitate Directors to provide their inputs and suggestions on various strategic and operational matters directly to the business and functional heads.

Board Meetings

We decide about the Board meeting dates in consultation with Board Governance, Nomination and Compensation Committee and all our directors, based on the practices of earlier years. Once approved by the Board Governance, Nomination and Compensation Committee, the schedule of the Board meeting and Board Committee meetings is communicated in advance to the Directors to enable them attend the meetings. Our Board meetings are normally scheduled over two days.

In addition, every quarter, Independent Directors meet amongst themselves exclusively.

The Board met six times during the financial year 2015-16  on April 20-21, 2015, June 3, 2015, July 22-23, 2015, October 20-21, 2015, January 4, 2016, and January 16-18, 2016. The  necessary quorum was present for all the meetings. The maximum interval between any two meetings did not exceed 120 days.

Post-Meeting Follow-up System

After the Board meeting, we have formal system of follow up, review and reporting on actions taken by the management on the decisions of the Board and sub­committees of the Board.

Lead Independent Director

The Board has designated Mr. N Vaghul as the Lead Independent Director. The role of the Lead Independent Director is described in the Corporate Governance guidelines of your Company and is available on the Company's website www.wipro.com

Appointment of Directors

The provisions of the Companies Act, 2013 with respect to appointment and tenure of the Independent Directors have come into effect from April 1, 2014. As per the said provisions, the Independent Directors shall be appointed for not more than two terms of maximum of five years each and shall not be liable to retire by rotation.

Your Board has adopted the provisions with respect to appointment and tenure of Independent Directors consistent with the Companies Act, 2013 and the Listing Regulations.

Details of Directors proposed for re-appointment/ appointment at the ensuing Annual General Meeting is provided on page nos. 68 and 69 of the Board's Report and in Annexure A to the notice convening the 70th Annual General Meeting.

Policy for Selection and Appointment of Directors and their Remuneration

Board Governance, Nomination and Compensation Committee has adopted a charter which, inter alia, deals with the manner of selection of Board of Directors and payment of their remuneration. The policy is accordingly derived from the said charter.

Criteria of Selection of Independent Directors

The Board Governance, Nomination and Compensation

Committee considers the following attributes/criteria, whilst recommending to the Board the candidature for appointment as Independent Director.

• Qualification, expertise and experience of the Directors in their respective fields such as expertise or experience in Information Technology Business, Scientific Research & Development, International Markets, Leadership, Risk Management and Strategic Planning etc.

• Personal, professional or business standing

• Diversity of the Board.

In case of appointment of Independent Directors, the Board Governance, Nomination and Compensation Committee satisfies itself with regard to the independence of the Directors vis-a-vis the Company so as to enable the Board to discharge its functions and duties effectively.

The Board Governance, Nomination and Compensation Committee ensures that the candidates identified for appointment as Directors are not disqualified for appointment under Section 164 and other applicable provisions of the Companies Act, 2013.

In case of re-appointment of Independent Directors, the Board takes into consideration the performance evaluation of the Independent Directors and their engagement level.

Familiarization Programme for Independent Directors

The Board is responsible for overall supervision of the Company. To achieve this, Board undertakes periodic review of various matters including business wise performance, risk management, borrowings, internal audit/external audit reports etc. In order to enable the Directors to fulfill the governance role, comprehensive presentations are made on the various businesses, business models, risk minimization procedures and new initiatives of the Company. Changes in domestic/overseas corporate and industry scenario including their effect on the Company, statutory and legal matters are also presented to the Directors on a periodic basis. Details regarding familiarization programme imparted by the Company is available on our website at http://www.wipro.com/ investors/corporate-governance/policies-and-guidelines

Further, at the time of appointment of an Independent Director, the Company issues a formal letter of appointment outlining his/her role, function, duties and responsibilities as a Director. The template of the letter of appointment is available on our website at http://www.wipro.com/ investors/corporate-governance/policies-and-guidelines

Board Evaluation

Details of methodology adopted for Board evaluation have been provided on page no. 69 of the Board's Report.

Remuneration Policy and Criteria of Making Payments to Directors, Senior Management and Key Managerial Personnel

The Independent Directors are entitled to receive remuneration by way of sitting fees, reimbursement of expenses for participation in the Board/Committee meetings and commission as detailed hereunder:

• An Independent Director shall be entitled to receive sitting fees for each meeting of the Board or Committee of the Board attended by him, of such sum as may be approved by the Board of Directors within the overall limits prescribed under the Companies Act, 2013 and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, as amended from time to time.

• An Independent Director is also be entitled to receive commission on a quarterly basis, of such sum as may be approved by the Board and shareholders on the recommendation of the Board Governance, Nomination and Compensation Committee. The total commission payable to the Independent Directors shall not exceed 1% of the net profits of the Company during any financial year.

• The commission is payable on pro-rata basis to those Directors who occupy office for part of the year. The Independent Directors of the Company are not entitled to participate in the stock option schemes of the Company.

In determining the remuneration of Chairman and Managing Director, Executive Directors, Senior Management Employees and Key Managerial Personnel, the Board Governance, Nomination and Compensation Committee and Board shall ensure/consider the following:

• the relationship of remuneration and performance benchmark is clear.

• the balance between fixed and incentive pay reflecting short and long term performance objectives, appropriate to the working of the Company and its goals.

• the remuneration is divided into two components viz. fixed component comprising salaries, perquisites, retirement benefits and a variable component comprising performance bonus.

• the remuneration including annual increment and performance bonus is decided based on the criticality of the roles and responsibilities, the Company's performance vis-a-vis the annual achievement, individuals'performance vis-a-vis KRAs / KPIs, industry benchmark and current compensation trends in the market.

The Board Governance, Nomination and Compensation Committee recommends the remuneration for the Chairman and Managing Director, other Executive Directors, Senior Management and Key Managerial Personnel. The payment of remuneration to Executive Directors is approved by the Board and Shareholders. Prior approval of shareholders is also obtained in case of remuneration to non-executive directors.

Details of Remuneration to Directors

Details of remuneration paid to the Directors for the services rendered and stock options granted during the financial year 2015-16 are given below. No stock options were granted to any of the Independent Directors and Promoter Directors during the year 2015-16.

Terms of Employment Arrangements

Under the Companies Act, 2013, our shareholders must approve the salary, bonus and benefits of all Executive Directors. Each of our Executive Directors has signed an agreement containing the terms and conditions of employment, including a monthly salary, performance bonus and benefits including vacation, medical reimbursement and pension fund contributions. These agreements have varying terms ranging from one to five year periods, but either we or the Executive Director may generally terminate the agreement upon six months' notice to the other party.

The terms of our employment arrangements with Mr. Azim H Premji, Mr. T K Kurien, Mr. Abidali Z Neemuchwala and Mr. Rishad A Premji provide for up to a 180-days notice period, up to 21 days of leave per year in addition to statutory holidays, and an annual compensation review.

we may determine, and to comply with confidentiality provisions. Service contracts with our Executive Directors and officers provide for our standard retirement benefits that consist of a pension and gratuity which are offered to all of our employees, but no other benefits upon termination of employment except as mentioned below.

Pursuant to the terms of Mr. T K Kurien's employment, he is entitled to the following severance payments:

a. If the agreement is terminated by the Company on or prior to November 17, 2016, the Company will pay Mr. Kurien severance pay based on salary for a period of three months. In case of termination by the Company, the unvested ESOPs /RSUs shall vest proportionately to the completed months in service from the last vesting/grant date of each grant, whichever is later, till the last date of employment.

b. If the agreement is terminated by the Company after November 17, 2016, the exit will be in line with

Additionally, these officers are required to relocate as  retirement policy including vesting of unvested ESOPs/RSUs. Prior notice in such a case will be for at least a month.

Pursuant to the terms of Mr. Abidali Z Neemuchwala' s employment, he is entitled to the following severance payment :

If the Agreement is terminated by the Company, the Company is required to pay Mr. Neemuchwala severance pay equivalent of 12 months' base pay.

We also indemnify our directors and officers for claims brought under any rule of law to the fullest extent permitted by applicable law. Among other things, we agree to indemnify our Directors and Officers for certain expenses, judgments, fines and settlement amounts incurred by any such person in any action or proceeding, including any action by or in the right of the Company, arising out of such person's services as our Director or Officer, including claims which are covered by the Director's and Officer's liability insurance policy taken by the Company

III. Committees of Board

Our Board has constituted sub-committees to focus on specific areas and make informed decisions within the authority delegated to each of the Committees. Each Committee of the Board is guided by its Charter, which defines the scope, powers and composition of the Committee. All decisions and recommendations of the Committees are placed before the Board for information or approval.

We have four sub-committees of the Board as at March 31,  2016.

• Audit, Risk and Compliance Committee

• Board Governance, Nomination and Compensation Committee which also oversees the CSR initiatives of the Company

• Strategy Committee

• Administrative and Shareholders/Investors Grievance Committee (Stakeholders Relationship Committee)

Audit, Risk and Compliance Committee

The Audit, Risk and Compliance Committee of the Board, reviews, acts on and reports to our Board with respect to various auditing and accounting matters. The primary responsibilities of the Committee, inter-alia, are;

• Auditing and accounting matters, including recommending the appointment of our independent auditors to the shareholders;

• Compliance with legal and statutory requirements;

• Integrity of the Company's financial statements, discussions with the independent auditors regarding the scope of the annual audits, and fees to be paid to the independent auditors;

• Performance of the Company's internal audit function, independent auditors and accounting practices;

• Review of related party transactions and functioning of whistle blower mechanism; and

• Implementation of the applicable provisions of the Sarbanes Oxley Act of 2002, including review of the progress of internal control mechanisms to prepare for certification under Section 404 of the Sarbanes Oxley Act of 2002.

The Chairman of the Audit, Risk and Compliance Committee was present at the Annual General Meeting held on July 22, 2015. The detailed charter of the Committee is posted on our website and available at http://www.wipro.com/ investors/corporate-governance/charters/

All members of our Audit, Risk and Compliance Committee are Independent Directors and financially literate. The Chairman of our Audit, Risk and Compliance Committee has the accounting and financial management related expertise.

Statutory Auditors as well as Internal Auditors always have independent meetings with the Audit, Risk and Compliance Committee and also participate in the Audit, Risk and Compliance Committee meetings.

Our Chief Financial Officer, General Counsel and other Corporate Officers make periodic presentations to the Audit, Risk and Compliance Committee on various issues.

The Audit, Risk and Compliance Committee met seven times during the year 2015-16 on April 20, 2015, May 23, 2015, June 3, 2015, July 22, 2015, October 20, 2015, January 16, 2016 and March 1, 2016.

Board Governance, Nomination and Compensation Committee

The primary responsibilities of the Board Governance, Nomination and Compensation Committee are:

• Developing and recommending to the Board corporate governance guidelines applicable to the Company;

• Evaluating the Board on a continuing basis, including an assessment of the effectiveness of the full Board, operations of the Board Committees and contributions of individual Directors;

• Establishing policies and procedures to assess the requirements for induction of new members to the Board;

• Implementing policies and processes relating to corporate governance principles;

• Ensuring that appropriate procedures are in place to assess Board membership needs and Board effectiveness;

• Reviewing the Company's policies that relate to matters of Corporate Social Responsibility (CSR), including public issues of significance to the Company and its shareholders;

• Developing and recommending to the Board for its approval an annual evaluation process of the Board and its Committees;

• Formulating the Disclosure Policy, its review and approval of disclosures;

• Determining and approving salaries, benefits and stock option grants to senior management employees and Directors of our Company;

• Approving and evaluating the compensation plans, policies and programs for full-time Directors and senior management; and

• Acting as Administrator of the Company's Employee Stock Option Plans and Employee Stock Purchase Plans drawn up from time to time.

Pursuant to the provisions of the Companies Act, 2013 and the Listing Regulations, the Board has carried out an Annual Performance Evaluation of its own performance, the Directors individually as well as the evaluation of the working of its Board Governance, Nomination and Compensation Committee.

The Board Governance, Nomination and Compensation Committee met five times during the year 2015-16 on April 20, 2015, July 22, 2015, October 20, 2015, January 4, 2016 and January 16, 2016.

Composition of the Board Governance, Nomination and Compensation Committee and details of attendance of

Strategy Committee

The Strategy Committee reviews, acts and reports to our Board with respect to the mission, vision and strategic direction of the Company. Primary responsibilities of this Committee, inter alia, are:

• Making recommendations to the Board relating to the Company's mission, vision, strategic initiatives, major programs and services;

• Ensuring management has established an effective strategic planning process, including development of a three to five year strategic plan with measurable goals and time targets;

• Annually reviewing the strategic plan for the Company and for each division and entity and recommending updates to the Board;

• Establishing criteria for management to evaluate potential strategic investments, reviewing proposals for acquisition or divestment opportunities for the Company and making appropriate recommendations to the Board, and reviewing post-transaction integration matters;

• Assisting in the development of a strategic dashboard of key indicators; and

• Monitoring the organization's performance against measurable targets (e.g. market share, increase in revenue, or operating margin) or progress points (such as emerging technologies).

Administrative and Shareholders/Investors Grievance Committee (Stakeholders Relationship Committee)

The Administrative and Shareholders/Investors Grievance Committee carries out the role of Stakeholders Relationship Committee in compliance with Section 178 of the Companies Act, 2013 and the Listing Regulations.

The Administrative and Shareholders/Investors Grievance Committee is responsible for resolving investor's complaints pertaining to share transfers, non-receipt of annual reports, Dividend payments, issue of duplicate share certificates, transmission of shares and other shareholder related queries, complaints etc.

In addition to above, the Administrative and Shareholders/ Investors Grievance Committee is also empowered to oversee administrative matters like opening/closure of Company's Bank accounts, grant and revocation of general, specific and banking powers of attorney, consider and approve allotment of equity shares pursuant to exercise of stock options, setting up branch offices and other administrative matters as delegated by Board from time to time.

Mr. M K Sharma, Independent Director, is the Chairman of the Administrative and Shareholders/Investors Grievance Committee.

The Administrative and Shareholders/Investors Grievance Committee met four times during the year 2015-16 on April 20, 2015, July 22, 2015, October 20, 2015 and January 17, 2016. In addition, this Committee reviews once in 15 days the investor complaints and redressal of shareholders queries

Apart from these queries/complaints, there are certain pending cases relating to dispute over title to shares in which in certain cases the Company has been made a party. However, these cases are not material in nature.

Mr. M Sanaulla Khan, Company Secretary is our Compliance Officer under the Listing Regulations.

IV. Governance Through Management process

Code of Business Conduct

In the year 1983, we articulated 'Wipro Beliefs' consisting of six statements. At the core of beliefs was integrity, articulated as "individual and Company relationship should be governed by the highest standard of conduct and integrity".

Over years, this articulation has evolved in form but remained constant in substance. Today we articulate it as Code of Business Conduct.

In our Company, the Board and all employees have a responsibility to understand and follow the Code of Business Conduct. All employees are expected to perform their work with honesty and integrity. Wipro's Code of Business Conduct reflects general principles to guide employees in making ethical decisions. This Code is also applicable to our representatives. This Code outlines fundamental ethical considerations as well as specific considerations that need to be maintained for professional conduct. This Code has been displayed on the Company's website at <http://www.wipro.com/investors/corporate-governance/policies-and-guidelines/>.

Code for Prevention of Insider Trading

The Company has adopted a Code of Conduct to regulate, monitor and report trading by insiders under the SEBI (Prohibition of Insider Trading) Regulations, 2015. This Code of Conduct also includes code for practices and procedures for fair disclosure of unpublished price sensitive information and has been made available on the Company's website at http://www.wipro.com/investors/ corporate-governance/policies-and-guidelines/

Disclosure Policy

In line with requirements under regulation 30 of the Listing Regulations, the Company has framed a policy on disclosure of material events and information as per the Listing Regulations, which is available on our website at http://www.wipro.com/investors/corporate-governance/ policies-and-guidelines/ The objective of this policy is to have uniform disclosure practices and ensure timely, adequate and accurate disclosure of information on an ongoing basis. The Company has constituted a Disclosure Committee consisting of senior officials, which approves all disclosures required to be made by the Company. The Company Secretary acts as Secretary to the Disclosure  Committee. Considering that the Company's securities are listed on New York Stock Exchange, parity in disclosures are maintained through simultaneous disclosure on National Stock Exchange of India Limited, the Bombay Stock Exchange Limited and the New York Stock Exchange.

Ombuds Policy

The Company has adopted an ombuds process which is a channel for receiving and redressing complaints from employees and directors. Under this policy, we encourage our employees to report any fraudulent financial or other information to the stakeholders, any conduct that results in violation of the Company's Code of Business Conduct, to management (on an anonymous basis, if employees so desire). Likewise, under this policy, we have prohibited discrimination, retaliation or harassment of any kind against any employees who, based on the employee's reasonable belief that such conduct or practice have occurred or are occurring, reports that information or participates in the investigation. Mechanism followed on under ombuds process is appropriately communicated within the Company across all levels and has been displayed on Wipro's intranet and on Wipro's website at http://www.wipro.com/investors/corporate-governance/ policies-and-guidelines/  

Policy for Preservation of Documents

Pursuant to the requirements under Regulation 9 of the Listing Regulations, the Board has formulated and approved a Document Retention Policy prescribing the manner of retaining the Company's documents and the time period up to certain documents are to be retained. The policy percolates to all levels of the organization who handle the prescribed categories of documents.

Policy for Prevention, Prohibition & Redressal Sexual Harassment of Women at Workplace

Pursuant to the requirements of Sexual Harassment of Women at Workplace (Prevention, Prohibition & Redressal) Act, 2014, your Company has a policy and framework for employees to report sexual harassment cases at workplace and our process ensures complete anonymity and confidentiality of information. Adequate workshops and awareness programmes against sexual harassment are conducted across the organization.

Compliance Committee

We have a Compliance Committee which considers matters relating to Wipro's Code of Business Conduct, Ombuds process, Code for Prevention of Insider Trading and other applicable statutory matters. The Compliance Committee met three times during the year 2015-16 and submitted its report to the Audit, Risk and Compliance Committee for its review and consideration.

V. Disclosures

Disclosure of Materially Significant Related Party Transactions

All related party transactions that were entered into during the financial year were at an arm's length basis and were in the ordinary course of business. There are no materially significant related party transactions made by the Company with Promoters, Directors, Key Managerial Personnel or other designated persons which may have a potential conflict with the interest of the Company at large.

As required under regulation 23 of Listing Regulations, the Company has adopted a policy on Related Party Transactions. The abridged policy on Related Party Transactions is available on the Company's website at <http://www.wipro.com/investors/corporate-governance/> policies-and-guidelines/.

Apart from receiving director remuneration, none of the Directors has any pecuniary relationships or transactions vis-a-vis the Company. During the year 2015-16, no transactions of material nature were entered into by the Company with the Management or their relatives that may have a potential conflict of interest with the Company and the concerned officials have given undertakings to that effect as per the provisions of the Listing Regulations.

The Register under Section 188 of the Companies Act, 2013 is maintained and particulars of transactions have been entered in the Register, wherever applicable.

Subsidiary Monitoring Framework

All the subsidiary companies of the Company are managed by their Boards having the rights and obligations to manage these Companies in the best interest of respective stakeholders. The Company nominates its representatives on the Board of subsidiary companies and monitors performance of such companies, inter alia, by reviewing;

• Financial statements, in particular the investment made by the unlisted subsidiary companies, statement containing all significant transactions and arrangements entered into by the unlisted subsidiary companies forming part of the financials being reviewed by the Audit, Risk and Compliance Committee of your Company on a quarterly basis.

• Minutes of the meetings of the unlisted subsidiary companies, if any, are placed before the Company's Board regularly.

• Providing necessary guarantees, Letter of Comfort and other support for their day-to-day operations from time-to- time.

The Company does not have any material subsidiary whose net worth exceeds 20% of the consolidated net worth of the holding Company in the immediately preceding  accounting year or which has generated 20% of the consolidated income of the Company during the previous financial year.

Certificate on Corporate Governance

The certificate dated June 3, 2016 issued by Mr. V Sreedharan, Partner, V Sreedharan & Associates, Company Secretaries, is given at page no. 129 of this Annual Report in compliance with corporate governance norms prescribed under the Listing Regulations.

Details of non-compliance by the Company, penalties, and strictures imposed on the Company by Stock Exchanges or SEBI or any statutory authority, on any matter related to capital markets, during the last three years.

The Company has complied with the requirements of the Stock Exchanges or SEBI on matters related to Capital Markets, as applicable, during the last three years.

Whistle Blower Policy and affirmation that no personnel have been denied access to the Audit, Risk & Compliance Committee

As mentioned earlier in this report, the Company has adopted an Ombuds process which is a channel for receiving and redressing employees' complaints. No personnel in the Company has been denied access to the Audit, Risk and Compliance Committee or its Chairman.

Disclosures with respect to demat suspense account/ unclaimed suspense account (Unclaimed Shares)

Pursuant to Regulation 39 of the Listing Regulations, reminder letters have been sent to shareholders whose shares remain unclaimed from the Company. Based on their response, such shares will be transferred to"unclaimed suspense account" as per the provisions of schedule VI of the Listing Regulations. The disclosure as required under schedule V of the Listing Regulations is given below:

(a) Aggregate number of shareholders and the outstanding shares in the suspense account lying at the beginning of the year- Nil

(b) Number of shareholders who approached listed entity for transfer of shares from suspense account during the year- Nil

(c) Number of shareholders to whom shares were transferred from suspense account during the year-Nil

(d) Aggregate number of shareholders and the outstanding shares in the suspense account lying at the end of the year- Nil

(e) Voting rights on these shares shall remain frozen till the rightful owner of such shares claims the shares-  NA

Shareholder Information

Various shareholder information required to be disclosed pursuant to Schedule V of the Listing Regulations are provided in Annexure I to this report.

Compliance with Mandatory Requirements

Your Company has complied with all the mandatory corporate governance requirements under the Listing Regulations. Specifically, your Company confirms compliance with corporate governance requirements specified in regulation 17 to 27 and clauses (b) to (i) of sub-regulation (2) of regulation 46 of the Listing Regulations.

VI. Compliance Report on Non-mandatory requirements under Regulation 27(1)

1. The Board

As per para A of Part E of Schedule II of the Listing Regulations, a non-executive Chairman of the Board may be entitled to maintain a Chairman's Office at the company's expense and also allowed reimbursement of expenses incurred in performance of his duties. The Chairman of the Company is an Executive Director and hence this provision is not applicable to us.

2. Shareholders rights

We display our quarterly and half yearly results on our web site www.wipro.com and also publish our results in widely circulated newspapers. We have communicated the payment of dividend by e-mail to shareholders in addition to dispatch of letters to all shareholders. We publish the voting results of shareholder meetings and make it available on our website www.wipro.com and report the same to Stock Exchanges in terms of regulation 44 of the Listing Regulations.

3. Modified opinion(s) in audit report

The Auditors have issued an un-qualified opinion on the financial statements of the Company.

4. Separate posts of Chairperson and Chief Executive Officer

Mr. Azim H Premji is the Chairman and Managing Director of the Company and Mr. Abidali Z Neemuchwala is the Chief Executive Officer of the Company. The Company's Board consists of majority of Independent Directors. All policy and strategic decisions of the Company are taken through a majority decision of this independent Board.

5. Reporting of Internal Auditor

Reporting of Head of Internal Audit is to the Chairman of the Audit Committee of the Board and administratively to the Chief Finanical Officer. Head of Internal Audit has regular and exclusive meetings with the Audit Committee prior to reports of Internal Audit getting discussed with the Management Team.

6. NYSE Corporate Governance Listing Standards

The Company has made this disclosure in compliance with the New York Stock Exchange Listing Standards and NYSE Listed Company Manual on its website www.wipro.com/investors/corp-governance and has filed the same with the New York Stock Exchange  (NYSE).

Declaration as required under Regulation 34(3) and Schedule V of the Listing Regulations

All Directors and senior management personnel of the Company have affirmed compliance with Wipro's Code of Business Conduct for the financial year ended March 31,  2016.

ANNEXURE I SHAREHOLDER INFORMATION

Corporate Identity Number (CIN)

Our Corporate Identity Number (CIN), allotted by Ministry of Company Affairs, Government of India is L32102KA1945PLC020800, and our Company Registration Number is 20800.

Annual General Meeting

Annual General Meeting for the year ended March 31, 2016 is scheduled to be held on Monday, July 18, 2016 at 4.00 p.m at Wipro Campus, Cafeteria Hall EC-3, Ground Floor, Opp. Tower 8, No. 72, Keonics Electronic City, Hosur Road, Bangalore - 561229.

The facility to appoint a proxy to represent the members at the meeting is also available for the members who would be unable to attend the meeting. You are required to fill a proxy form and send it to us latest by July 16, 2016 before 4 pm. You can also cast your vote electronically by following the instructions of e-voting sent separately.

Annual General Meetings and Other General Body meeting of the Last Three Years and Special Resolutions, if any.

For the Year 2012-13, we had our Annual General Meeting on July 25, 2013 at 4.00 pm. The meeting was held at Wipro Campus, Cafeteria Hall EC-3, Ground Floor, Opp. Tower 8, No. 72, Keonics, Electronic City, Hosur Road, Bangalore - 561229. The following resolutions were passed at the meeting:

• Appointment of Mr. Vyomesh Joshi as Director

• Re-appointment of Mr. Azim H Premji as Chairman and Managing Director - special resolution

• Re-appointment of Mr. Suresh C Senapaty as the Chief Financial Officer and Executive Director

Special Resolution passed during the Financial Year 2012-13 through the Postal Ballot Procedure for approval of Wipro Equity Reward Trust Employee Stock Purchase Plan 2013. The details of the voting pattern, name of the scrutinizer and the procedure adopted for postal ballot is available on the Company's website www.wipro.com

For the Year 2013-14, we had our Annual General meeting on July 23, 2014 at 4:00pm. The meeting was held at Wipro Campus, Cafeteria Hall EC-3, Ground Floor, Opp. Tower 8, No. 72, Keonics, Electronic City, Hosur Road, Bangalore - 561229. The following resolutions were passed at the meeting (last three being Special Resolutions).

• Appointment of Mr. Vyomesh Joshi as an Independent Director

• Appointment of Mr. Narayanan Vaghul as an Independent Director

• Appointment of Dr. Ashok S Ganguly as an Independent Director

• Appointment of Dr. Jagdish N Sheth as an Independent Director

• Appointment of Mr. William Arthur Owens as an Independent Director

• Appointment of Mr. M K Sharma as an Independent Director

• Appointment of Ms. Ireena Vittal as an Independent Director

• Adoption of new substituted Articles of Association to align with the provisions of Companies Act, 2013

• Amendments to Wipro Employee Restricted Stock Unit Plan 2004, Wipro Employee Restricted Stock Unit Plan 2005, Wipro Employee Restricted Stock Unit Plan 2007 and Wipro Equity Reward Trust Employee Stock Purchase Scheme 2013, and Wipro Equity Reward Trust (WERT).

• Payment of remuneration to Non-Executive Directors

No resolution was passed through postal ballot during the financial year 2014-15.

For the Year 2014-15, we had our Annual General Meeting on July 22, 2015 at 4.00 pm. The meeting was held at Wipro Campus, Cafeteria Hall EC-3, Ground Floor, Opp. Tower 8, No. 72, Keonics, Electronic City, Hosur Road, Bangalore - 561229. The following resolutions were passed at the meeting:

• Re-appointment of Mr. Azim H Premji (DIN 00234280), as Executive Chairman and Managing Director of the Company (special resolution)

• Appointment of Mr. Rishad Azim Premji (DIN 02983899), as Whole-time Director of the Company (ordinary resolution)

Means of Communication with Shareholders/Analysis

We have established procedures to disseminate, in a planned manner, relevant information to our shareholders, analysts, employees and the society at large.  Our Audit, Risk and Compliance Committee reviews the earnings press releases, Securities Exchange Commission (SEC) filings and annual and quarterly reports of the Company, before they are presented to the Board for their approval for release.

News Releases and Presentations: All our news releases and presentations made at investor conferences and to analysts are posted on the Company's website at www.wipro.com/corporate/ investors

Quarterly results: Our quarterly results are published in widely circulated national newspapers such as The Business Standard and the local daily Kannada Prabha.

Website: The Company's website contains a separate dedicated section "Investors" where information sought by shareholders is available. The Annual Report of the Company, earnings, press releases, SEC filings and quarterly reports of the Company, apart from the details about the Company, Board of directors and

Management, are also available on the website in a user friendly and downloadable form at <http://www.wipro.com/investors/>.

Annual Report: Annual Report containing audited standalone accounts, consolidated financial statements together with Board's Report, Auditors Report and other important information are circulated to members entitled thereto.

Other Disclosures/Filings: Further, our Form 20- F filed with SEC containing detailed disclosures and along with other disclosures including Press Releases etc. are available at http://www.wipro. com/investors/

Financial Calendar

The financial year of the Company starts from on the 1st day of April and ends on 31st day of March of next year. Our tentative calendar for declaration of results for the financial year 2016-17 is as given below:

Release of Results

For the Quarter ending June 30, 2016 : Fourth week of July, 2016

For the Quarter and half year ending September 30, 2016 : Fourth week of October, 2016

For the Quarter and nine months ending December 31, 2016 : Fourth week of January, 2017

 For the year ending March 31, 2017 : Fourth week of April, 2017

In addition, the Board may meet on other dates as and when required.

The Register of Members and Share Transfer books will remain closed on July 13, 2016 and July 14, 2016.

Dividend

Your Board declared an Interim Dividend of Rs. 5/- per share on equity shares of face value of Rs. 2/- each on January 18, 2016 to those shareholders who were on the Register of Members as of the closing hours of January 27, 2016.

Your Board has recommended a Final Dividend of Rs.1 per share on equity shares of face value of Rs.2/-. This is subject to approval by shareholders at the 70th Annual General Meeting.

Final Dividend on equity shares as recommended by the Directors for the year ended March 31, 2016, when approved at the Annual General Meeting, will be paid on July 22, 2016.

Unclaimed Dividends

Pursuant to section 125A of Companies Act, 2013, the Company has transferred the unpaid or unclaimed final dividend for the financial year 2007-08 on due date to the Investor Education and Protection Fund administered by the Central Government.

Pursuant to the provisions of Investor Education and Protection Fund (Uploading of information regarding unpaid and unclaimed amounts lying with companies) Rules, 2012, the Company has uploaded the details of unpaid and unclaimed dividends lying with the Company as on July 22, 2015 (date of last Annual General Meeting) on the website of the Company (www. wipro.com/investors), as also on the website of the Ministry of Corporate Affairs.

After completion of seven years, no claims shall lie against the said Fund or against the Company for the amounts of Dividend so transferred nor shall any payment be made in respect of such claims under the Companies Act, 1956. The Companies Act, 2013 provides for claiming such Dividends from the Central Government.

Listing on Stock Exchanges, Stock Codes, International Securities Identification Number (ISIN) and Cusip Number for ADRs

Your Company's shares are listed in the following exchanges as on March 31, 2016 and the stock codes are:  

Equity shares  : Bombay Stock Exchange Limited (BSE)

Stock Codes : 507685

Address : BSE Limited, Phiroze Jeejeebhoy Towers Dalal Street, Mumbai- 400001

Equity shares : National Stock Exchange of India Limited (NSE)

Stock Codes : WIPRO

Address : Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai

Equity shares  

American Depository Receipts: New York Stock Exchange (NYSE

Stock Codes : WIT

Address: 11 Wall St, New York, NY 10005, United States of America

Notes:

1. Listing fees for the year 2016-17 has been paid to the Indian Stock Exchanges as on date of this report.

2. Listing fees to NYSE for the calendar year 2016 has been paid as on date of this report.

3. The stock code on Reuters is WPRO.NS and on Bloomberg is WIPRO.IN

International Securities Identification Number (ISIN)

ISIN is an identification number for traded shares. This number needs to be quoted in each transaction relating to the dematerialized equity shares of the Company. ISIN number for our equity shares is INE075A01022.

CUSIP Number for American Depository Shares

The Committee on Uniform Security Identification Procedures (CUSIP) of the American Bankers Association has developed a unique numbering system for American Depository Shares. This number identifies a security and its issuer and is recognized globally by organizations adhering to standards issued by the International Securities Organization. Cusip number for Wipro American Depository Scrip is 97651M109.

Description of Voting Rights

All our equity shares carry voting rights on a pari-passu basis.

Dematerialisation of Shares and Liquidity

98.93% of outstanding equity shares have been dematerialized as at March 31, 2016.

Outstanding ADR/GDR/Warrants or any other Convertible instruments, Conversion Date and Likely Impact on Equity

The Company has 1.97 % of outstanding ADRs as on March 31, 2016.

Commodity Price Risk or Foreign Exchange Risk and Hedging Activities

Please refer to Management Discussion and Analysis Report for details.

Market Share Price Data

The performance of our stock in the financial year 2015-16 is tabulated below:

Registrar and Transfer Agents

Company's share transfer and related operations is operated through its Registrar and Share Transfer Agents M/s Karvy Computershare Private Limited, Hyderabad.

Share Transfer System

The turnaround time for completion of transfer of shares in physical form is generally less than 7(seven) days from the date of receipt, if the documents are clear in all respects.

We have also internally fixed turnaround times for closing the queries/complaints received from the shareholders within 7 (seven) days if the documents are clear in all respects.

Address for Correspondence

The address of our Registrar and Share Transfer Agents is given below.

M/s Karvy Computershare Private Limited

Unit: Wipro Limited

Karvy Selenium Tower B, Plot31-32, Gachibowli,

Financial District, Nanakramguda, Hyderabad - 500 032. Phone: 040-23420818 Fax: 040 23420814

Contact Person:

Mr. B. Srinivas - E-mail id: srinivas.b@karvy.com

Ms. Rajitha Cholleti - E-mail id: rajitha.cholleti@karvy.com

Shareholders Grievance can also be sent through email to the following designated email id: einward.ris@karvy.com

Overseas Depository for ADSs J.P. Morgan Chase Bank N.A.

60, Wall Street New York, NY 10260 Tel: 001 212 648 3208 Fax: 001 212 648 5576

Indian Custodian for ADSs

India Sub Custody

J.P. Morgan Chase Bank N.A. J.P. Morgan Towers, 1st Floor, off C.S.T. Road, Kalina, Santacruz (East), Mumbai 400 098 Tel: 022-61573484 Fax: 022-61573910

Web-Based Query Redressal System

Members may utilize this facility extended by the Registrar & Transfer Agents for redressal of their queries.

Please visit <http://karisma.karvy.com> and click on "investors" option for query registration through free identity registration to log on. Investor can submit the query in the "QUERIES" option provided on the website, which would give the grievance registration number. For accessing the status/response to your query, please use the same number at the option "VIEW REPLY" after 24 hours. The investors can continue to put additional queries relating to the case till they are satisfied.

Shareholders can also send their correspondence to the Company with respect to their shares, dividend, request for annual reports and shareholder grievance. The contact details are provided below

Mr. M Sanaulla Khan Company Secretary Wipro Limited Doddakannelli Sarjapur Road Bangalore 560 035 Ph: 91 80 28440011 (Extn 226185) Fax: 91 080 28440051

Email: sanaulla.khan@wipro.com <mailto:sanaulla.khan@wipro.com>

Mr. G Kothandaraman Head - Secretarial & Compliance Wipro Limited Doddakannelli Sarjapur Road Bangalore-560035 Ph: 91 80 28440011 (Extn 226183) Fax: 91 080 28440051 Email: kothandaraman.gopal@wipro.com

Analysts can reach our Investor Relations Team for any queries and clarification Financial/Investor Relations related matters:

Mr. Aravind Viswanathan Vice President and Corporate Treasurer Wipro Limited Doddkannelli Sarjapur Road Bangalore 560 035 Ph : 91 80 28440011 (226186) Fax: 91 80 28440051 Email: aravind.viswanathan@wipro.com

Mr. Pavan N Rao Senior Manager Investor Relations Wipro Limited Doddkannelli Sarjapur Road Bangalore 560 035 Ph : 91 80 28440011 (226143) Fax: 91 80 28440051 Email: pavan.rao@wipro.com

Mr. Abhishek Ph : +1 9788264700 Kumar Jain Fax: +1 8005724852 Senior Manager, Email: abhishek.jain2@wipro.com  2 Tower Center, Boulevard, 22nd Floor, East Brunswick, NJ-08816, USA

Plant Locations  

1 #88, MG Road Bangalore/India

2 Wividus Records Room (cisf building) Bangalore/India

3 74/F, Electronic City, Hosur Road Bangalore/India

4 Primal Pritech Park SEZ Bangalore/India

5 Electronics City Phase 1 Keonics Electronics City, Hosur Road Bangalore/India

6 Wipro SEZ, Doddathogur Village, Begur Hobli/Electronics City Bangalore/India

7 Wipro SEZ, Doddakannelli Village, Varthur Hobli/Sarjapur Road Bangalore/India

8 RR Towers - II, Guindy Chennai/India

9 3rd & 7th floor, 11th floor,A wing, 514, Dalamal Towers, Nariman Point Mumbai/India

10 # 701, 7th Floor, Block - C, Hardy Tower, Ramanujan IT Park,Taramani Chennai/India

11 475A Shollinganallur, Old Mahabalipuram Road Chennai, India

12 ELCOT SEZ, Shollinganallur Village Chennai, India

13 Mahindra World City SEZ, Kancheepuram District Chennai, India

14 TRIL Infopark Limited, Ramanujan IT Park Chennai, India

15 Airoli, Thane, Belapur Road, Navi Mumbai Mumbai/India

16 #482-483,Udyog Vihar, Phase-3 Gurgaon/India

17 SP Infocity, S.No. 209, Pune - Saswad Road, Fursungi Pune/India

18 Solitaire,Basement, Ground, 1st, 2nd & 3rd floor Doraisanipalya, Billekhalli village Bangalore/India

19 3,4,5,6 & 7th floor, 8, 9, 10,11th floor,EPIP Zone, Kundalahali Village, KrishnarajapuramHobli, Doddanakundi Post, White Field Bangalore/India

20 AVS store-6C, Hyland Industrial Estate, 11th KM Stone, NH-7 hosur road Bangalore/India

21 AVS store-6D, Ground floor, and 1st Floor Hyland Industrial Estate, 11th KM Stone, NH-7 hosur road Bangalore/India

22 AVS Stores, No.38/5B, Hyland Industrial Estate, 11th KMS Hosur Main Road,Bommana Halli Bangalore/India 23 o.1-7-227 to 234, Shyam Tower, 4th floor, Paradise Circle, S.D.Road Secundrabad/India

24 Survey No 39, part in Resapuvaripalem Village,Old TB Hospital, Rama Talkies Road, Visakhapatnam Visakhapatnam/India

25 2nd floor, 59A-16-13/11A Durga Bhavani Complex RTC Colony Pantakaluva Rad, Patapati Vijayawada/India

26 Shop No.T-303, Crystal Arc Commercial Complex, TS No.78 & 74, 3rd Floor, Balmatta Road Mangalore/ India

27 Citicenter, EDC Complex at Patto Plaza, Panjim, Tiswadi Goa/India

28 No.37/405, Panorama House, Zsubhash Chandra Bose Road, Kadavanthara Kochin/India

29 No.31/984, Subash Chandra Bose Road Kochin/India

30 No.15/49-5, Saran Chambers floor, Diamond Hill, Vellayambalam Trivandrum/India

31 First floor, Door No.1268, Mettupalayam Road Coimbatore/India

32 (Ground floor, First floor & Second floor) Plot A-28, Thattanchavady Pondicherry/India

33 Plot # C-92, Lal Kothi Scheme Jaipur/India

34 #311, Third Floor, Pujer Complex, Subhanpura Main Road, Subhanpura Baroda/India

35 Studio Narinder, Property #15337/5-II(commercial) near 22 No Phatak, Bhupindra Road Punjab/India

36 No.7, Plot No.110,111,112 and 113 of Siddalingapura Village Panchayat, Belagola, Mysore Taluk in Metagalli Industrial Area: Mysore/India

37 HW 1223, 54B, Mount Mary Road, Bandra (West) Mumbai/India

38 #5, Ghoga Street (Janmabhoomi Marg), Fort Mumbai/India

39 #103, B Building, 1st Floor, Shah Industrial Estate, Saki Vihar, Andheri Mumbai/India

40 807 & 808 Venus Atlantis, Opp Safal Pegasus, 100ft Road, Satellite Ahmedabad/India

41 #196-B, Shri Krishna Puri Patna/India

42 Ground Floor, Somnath Hall, #16/7/2A, Keyatala Road Kolkata/India

43 A-29, Mohan Cooperative Industrial Estate, Mathura Road New Delhi/India

44 Plot#471, Phase-III, Udyog Vihar Gurgaon/India

45 Third floor, Tower E, Site No.2, DLF IT Park, Chandigarh Technology Chandigarh/India

46 3rd Floor, E-5/6, Bittan Market, Arera Colony Madhya Pradesh/India

47 Devi Niwas, 1st Flr, khalini Himachal pradesh/India

48 4th floor, Raj Chambers, 29/9, Rana Pratap Marg Uttar Pradesh/India

49 2nd Floor, Bhatia Complex, Building #1, Opp. Rajkumar College, GE Road Chattisgadh/India

50 #208-A2 South Block, Bahu Plaza, Gandhinagar Jammu/India

51 Shop No. 31, Pandit Dindayal Upadhyay Market Punjab/India

52 Sy. No.1020/836 & 834, Byepass Gori Pora NH-1A, Opp. Ford Showroom, Hyderpora Jammu/India

53 Harcharan Singh complex, Property No. E-2, Industrial Area-A.R.K Road Punjab/India

54 No. 32, BMS Tower, Pathankot Chowk, Jalandhar - 144 004 Punjab/India

55 R.#3, B-Block,4th floor, Surajdeep Complex, Joping Road, Hazratganj Uttar Pradesh/India

56 #86/A, Saheednagar, Bhubaneswar - 751007, (1250 sqft at ground floor and 1000 sqft at third floor) Bhubaneswar/India

57 1st floor, Flat no 5, Building No A “Krupa”, Plot No 170, Dhole Patil Road Pune/India

58 Wipro Center, No.5,Papanna street, St.Marks Road Cross Bangalore/India

59 Wipro Limited A-23 Mohan Co-operative Industrial Area Sarita Vihar, Mthura Road New Delhi/India

60 A - 1 Sec - 3 Noida/India

61 F C Annex’ Plot no 575 A,CTS 1225,Shivaji nagar, Opp Fergusson college rd, Pune/India

62 2nd,3rd Spectra Bldg, High Street, Hiranandani Gardens, Powai Mumbai/India

63 4th Floor, Spectra Bldg, High Street, Hiranandani Gardens, Powai Mumbai/India

64 Wipro BPO, Swami Dayananda College, Manjakkudi Manjakkudi/India

65 Carlos Pellegrini, 581 (Piso 7) 1009, Capital Federal, Buenos Aires Argentina

66 Rodovia BR Cento e Dezesseis, no. 10320, Rua Jano Marchesini, no.139, Prado Velho, Curitiba Brazil

67 Part of the 6th floor of Bloco B of the Centro Empresarial de São Paulo [building], located in this Capital, at AvenidaMaria Coelho Aguiar, No. 215, São PauloBrazil

68 Regus Columbia, Ltda Avenida Chile, Torre, Carrera 7 No 71 - 21 Bogota Columbia

69 Regus Puetra de Hlerro Av. Real Acuedcto # 360-A 1st floor, Col.Real Acueducto CP 45116, Zapopan Mexico

70 427 E. Garza Sada Avenue Local 38-27.,Col. Altavista, Monterrey Mexico

71 Prolongación Paseo de la Reforma 1015 Mexico

72 # 300 North Patrick Building, Suite # 150,Brookfields, Wisconsin USA

73 500 West Cypress Creek, Ste 570, Fort Lauderdale USA

74 5200 Belfort Road,Ste 250, Jacksonville USA

75 100 Tri State International, Ste 300A, Lincolnshire Il 60069 USA

76 Atco Center - Floors 11 & 2 - 909, 11th Ave SW, Calgary, Alberta Canada

77 Milner Building - Floor 1to 9 (including basement storage) 9th Floor, 10040 - 104 Street, Edmonton Canada

78 Rogers Data Centre,17204 - 114 Ave,NW, Edmonton Canada

79 Standard Life - Floor 16,10405 Jasper Avenue, Edmonton Canada

80 5090 Explorer Drive, Sutie 800, 803, Missauga, ON Canada

81 Regus Isidora Avda, Las Condes, Isidora Goyenechea 3000 Piso 24, Santiago Chile

82 2700 Gambell Street, Suite 310, Anchorage, AK 99503 USA

83 6910 Fayetteville Road, Durham, North Carolina USA

84 3700 Centrepoint Drive, Suite 120, 1st floor, Anchorage, Alaska USA

85 3535 Piedmont Road NE, Building 14, Suites 1400/300, Atlanta, GA 30305 USA

86 3565 Piedmont Road NE, Building 4, Suite 500, Atlanta, Georgia USA

87 100,200, 300, Davidson, 2858 Woodcock Boulevard,Atlanta 30305 USA

88 3575 Piedmont Road NE, Building 15, Suite 600, Atlanta, Georgia 30305 USA

89 1201 SE 8th St, Ste 11, Bentonville, AR 72712 USA

90 One Lincoln Center, 18 W 140 Butterfield Road, Suite 395, Oakbrook Terrace,Chicago, Illiniois USA

91 Millennium Tower,Suite 1450, 15455 North Dallas Parkway, Texas, Dallas USA

92 2 Tower Center Boulevard, Suite 2200, East Brunswick, NJ 08816 USA

93 Suite 6042, 6055, 6057, 6th Floor, 400 Continental Blvd, El Segundo USA

94 129 East Crawford St., Findlay, OH 45840, Findlay, OH 45840 ‘ USA

95 1080 Eldridge Parkway, Suite 1400, Houston, TX 77077 USA

96 1028 G, Lincoln,Nebraska, 68508 USA

97 South Point Tower 1650 West 82nd Street, Suite 725 Bloomington, MN 55431 USA

98 18001 Old Cutler Road, Suite 651, Palmetto Bay, FL 33157. USA

99 425 National Avenue, Suite 200, Mountain View, CA 94043 USA

100 810 Crescent Centre Drive, Suite 400, Franklin, TN 37067 USA

101 1114 Avenue of the Americas, Suite 3030, New York, NY 10110 USA

102 1900, Crown Colony Dr.,Massachusetts USA

103 Building C 5020 148th Avenue NE,suite C - 100, Redmond, Washington USA

104 411, 108th Avenue, NE,19th Floor Bellevue, WA 98004 USA

105 100-120 Madison Street,12th Floor, Syracuse, NY USA

106 10210 Highland Manor Drive, Tampa USA

107 888, W. Suite 1290, Big Beaver Road, Troy, Michigan USA

108 601 13th Street, 11th Floor South, Washington USA

109 8390, East Crescont Parkway Suite 300, Greenwood Village, Colorado, Broomfield USA

110 728 Heisinger, Suite G Jefferson City, MO USA

111 905 Weathered Rock Road Jefferson City, MO 65101 USA

112 2 Christie Heights Leonia, New Jersey 07605 USA

113 6620 Bay Circle Drive, Norcross, GA 30071-1210 USA

114 11707 Miracle Hills Drive Omaha, NE 68154 USA

115 2411 W. Rose Garden Lane, Ste 130, Phoenix AZ USA

116 2005E Technology Circle, Tempe, Arizona USA

117 6320 Canoga Ave., Suite 600 Woodland Hills, CA 93167 USA

118 Reichsstrase 126 / I. Stock Feldkirch Austria

119 Veinna twin towers, Wienerbergstrasse 11, Vienna 1100 Austria

120 A union Winds Aberdeen England

121 6th,7th floor & part of 5th floor, The Quartz, Elm Park, Merrion Road, Dublin Ireland

122 Hemel One, First Floor, Building 1, Boundary Way, Hemel Hempstead,HP2 7YU England

123 The Deep Business Centre Kingston upon Hull England

124 Level 2, 3 Sheldon Square, London W2 6PS London England

125 FF, 186 - 188 City Road, London EC1 2NU England

126 Regus, CBX 11, West Wing, 382-390, Midsummer Boulevard, Milton Keynes MK9 2RG England

127 Kingswood House, 80 Richardshaw Lane Pudsey, Leeds LS28 6BN England

128 S10,S11, S12B, Columbia House, Columbia Drive, Worthing BN13 3HD England

129 G6, S2/S3, S10 S11 & S12B Columbia house, columbia drive, Worthing, West Sussex BN13 3HD England

130 Wipro Limited c/o Nokia Siemens Networks Linnoitustie 6, B-building, 4th floor, 02600 Espoo Finland

131 Keilaranta 10, 8th floor Unit E8a Finland

132 Wipro Limited, c/o Nokia Siemens Networks, Partner Campus Area, Ground Floor, Building B,Kaapelitie 4 (Rusko I) Oulu Finland

133 Gare Part Dieu, Place Charles Beraudier, 69428 Lyon Cedex France

134 Tour Prisma, 4/6 Avenue d’Alsace, Paris France

135 Cap Nord, Bat A 2,Allée Marie Berhaut, Renne France

136 7 Avenue Didier Daurat, Toulouse France

137 BüroHaus auf dem hagen_campus, Gottfried-Hagen-Str. 44,Köln COLOGNE Germany

138 Wassenaarseweg 22, Den Hague Germany

139 WestendGate, Hamburger Allee 2-4, Frankfurt Germany

140 Polarisavenue 57, Hoofddorf Germany

141 Hopfenster,1d, 24114, Kiel Germany

142 Regus, 26,Boulevard Royal, Luxembourg Germany

143 Reim Arkadin, Zweigniederlassung Deutschland, Lehrer-Wirth-Str. 2, Munich Germany

144 Thurn-und-Taxis Str 12, Nurnberg Germany

145 Flugfeld,Boebllngen Stuttgart Germany

146 PartnerPort, Altrottstrasse 31, Walldorf Germany

147 1117,budapest 4082/21, Gábor Dénes utca 2, Budapest Hungary

148 Regus, Ayazaga Mahallesi, Maydan Sokak No 1, Beybi Giz Plaza, Kat 26 & 27 Maslak, Istanbul Turkey

149 15 B, Satpayev str, Atyrau city Kazakhstan

150 Regus - 42 - 44, Shovkovychna Street, Kiev Ukraine

151 High Tech Campus 1 5656 AE Eindhoven - The Netherlands, P.O. Box 80036 - 5600 JW Eindhoven Netherland

152 Snarøyveien 30, Building C 1360 Fornebu Oslo Norway

153 Martin Linges Vei 25, No.1364 Fornebu, Snaroya Norway

154 16th Flr, (Millennium Plaza) Al. Jerozolimskie 123a, Warsaw 02-017, Warsaw Poland

155 SA 2650, Rua Engenheiro Frederico Ulrich, Moreira,Maia Portugal

156 109028, Moscow,13,Khokhlovsky lane, bdl1, floor 3, Room 2 Russia

157 Lange Kleiweg 8 Netherland

158 5 Redwood Place, Peel Park Business Centre Ground Floor West Wing, East Kilbride G74 5PB (Scotland) Scotland

159 Regus - Madrid Serviced Office, Puerta De las Naciones, Ribera del Loria 46, Campo de las Naciones Spain

160 Beridarebanan 11,Sveavagan 9, 13 Stockholm Sweden

161 Regus - Basel Serviced Office, City Centre 5th Floor, Innere Margarethenstrasse Switzerland

162 Güzeloba Mahallesi, Ahmet Aksu Sitesi, F Blok, No: 2, Muratpasa, Antalya Turkey

163 Regus, Corner Plus Is Merkezi,Fethiye Mah, Sanayi Cad. No. 263 Kat 3, Nilufer Bursa Turkey

164 Regus, Lelvent No.193 Binasi, Buyukdere Cad.No.193 K.2, 34394 4 Istanbul Turkey

165 1st Floor, Building B, Hatanpään Valtatie 30, Tampere Turkey

166 # 317, 3rd Floor, Kiinteisto Oy St Erik, Kristiinankatu 9, Turku Turkey

167 Badenerstrasse 549, Zurich Switzerland

168 OBC Suisse (Airgate) AG, plug and work AG, Hotelstrasse,Postfach 311, CH-8058 Zürich Airport, Zurich Switzerland

169 19 Genfell Street, Adelaide Australia

170 Brisbane (Sales serviced office), Level 18, 123 Eagle Street, Brisbane Australia

171 Level 9, Nishi, 2 Phillip Law Street Canberra ACT 2601 AUS Australia

172 Level 4/80 Dorcas Street, South Melbourne Victoria Australia

173 Level 6 suite 1, 80 George street, Paramatta Australia

174 Level 5 to 11, Allendale II,12 the Esplanade,Perth Australia

175 201 Millers St, North Sydney Australia

176 Suite # 1.02, Level 1, Building C, Talavera Corporate Center, Talavera Road, Macquaire Park New South Wales Australia

177 Unit 1 & 2, 7 Sky Close, Taylors Beach NSW 2316 Australia

178 51 Changi Business Park Central 2, #09-03, The Signature, Singapore

179 1 Changi Business Park,Plaza 8, Podium A, B, #02-02/03/09/08/10, #05-04/05/06 Singapore

180 16th Floor, Jalan Steson Sentral, 5 KL Sentral, Kuala Lampur Malaysia

181 Suite G09, 2300 Century Square, Jalan Usahawan, Cyber 6, 63000 Cyberjaya, Selangor Darul Ehsan Malaysia

182 18th Floor Philamlife Tower, 8767 Paseo de Roxas,Market City, Metro Manila 122 Philippines

183 Level 37, Taipei 101, Tower 7, 7 Xinyi Road, Section 5, 110 Taipei Taiwan

184 Unit 17-02B, 152 North Sathron road, Silom Sub-district, Bangrak District, Bangkok Thailand

185 Regus Jakarta Menara Standard Chartered, 30/F Jl. Prof.Dr. Satrio Kav 164, Jakarta Indonesia

186 My Yangon Office,No. 42A, Pantra Street,Dagon Township,Yangon Myanmar

187 D2, Tianfu Software Park Chengdu China

188 F3, bldg9, Zhangjiang Micro-electronice Port, Shanghai China

189 Umeda Shindo Building,Umeda Shindo Building,3F, 1-1-5 Osaka Dojima,Kita-ku, Osaka Japan

190 Yokohama Landmark Tower 26F #2605 Japan

191 Office No 146, First Floor, Willowbridge Centre 39, Carl Cronje Dr, Capetown S. Africa

192 10th Floor, The Forum, 2 Maude Street, Sandton, Johannesburg, Sandown S. Africa

193 7th Floor, Mulliner Towers, 39 Alfred Rewane Road, (Kingsway Road), Ikoyi Lagos S. Africa

194 7th Floor, Course View Towers, Plot 21, Yusuf Lule Road Nakasero, Kampala, Uganda Uganda

195 Orchid business center -Alseef Bahrain

196 D603, St.14, Building 43, Al Mansour, Baghdad Iraq

197 First floor, Building D, The Business Park, Airport Road, Doha Qatar