1. Results for Three Months and Six Months Ended September 30, 2013
SOFTWARE
ENERGY
TELECOM
ENGINEERING
TRAVEL AND AVIATION
AUTOMOTIVE
FINANCIAL SERVICES
Results for Three Months and Six Months Ended September 30, 2013
TECHNOLOGY

2. DISCLAIMER
Luxoft Holding, Inc (the “Company”) has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement SEC for more complete information about the Company and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at
This presentation is not an offer to sell securities, nor is it a solicitation of an offer to buy securities in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would require any registration or licensing within such jurisdiction.
All statements in this report attributable to third party industry experts represent the Company's interpretation of data, research opinion or viewpoints published by such industry experts, and have not been reviewed by them. Each publication of such industry experts speaks as of its original publication date and not as of the date of this presentation. The opinions expressed in these publications are not representations of fact, and are subject to change without notice. This presentation also contains market statistics and industry data that are subject to uncertainty and are not necessarily reflective of market conditions. These have been derived from third party sources and have not been independently verified by the Company or its affiliates.
Certain statements in this presentation and responses to various questions may constitute forward-looking statements, including statements regarding the persistence and intensification of competition in the IT industry; the future growth of spending in IT services outsourcing generally and in each of the Company’s industry verticals, application outsourcing and custom application development and offshore R&D services; the level of growth of demand for the Company’s services from the Company’s clients; the level of increase in revenues from the Company’s new clients; the levels of the Company’s concentration of revenues by vertical, geography, by client and by type of contract in the future; the expected timing of the increase in the Company’s corporate tax rate; the Company’s expectations with respect to the proportion of the Company’s fixed price contracts; the Company’s expectation that the Company’s FOSS acquisition will help the Company develop new practice expertise; the demands the Company expects the Company’s rapid growth to place on the Company’s management and infrastructure; the sufficiency of the Company’s current cash, cash flow from operations, and lines of credit to meet the Company’s anticipated cash needs; the high proportion of the Company’s cost of services comprised of personnel salaries; the Company’s plans to introduce new products for commercial resale and licensing in addition to providing services; the Company’s anticipated joint venture with one of the Company’s clients; IBS Group’s consideration of further divesting all or a portion of its ownership interest in the Company; and the Company’s continued financial relationship with IBS Group including expectations for the provision and purchase of services and purchase and lease of equipment. These statements, which contain words such as “believe,” “expect,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “will,” “may,” “should” and similar expressions, reflect the beliefs and expectations of the Company and are subject to risks and uncertainties, including those described under “Risk Factors” in the registration statement, that may cause actual results to differ materially.
The trademarks included herein are the property of the owners thereof and are used for reference purposes only. Such use should not be construed as an endorsement of the products or services of Luxoft Holding, Inc or this offering. Neither the Company, nor any of its respective agents, employees or advisors intend or have any duty or obligation to supplement, amend, update or revise any of the forward-looking statements contained in this presentation. The information and opinions contained in this document are provided as of the date of this presentation and are subject to change without notice. This document has not been approved by any competent regulatory or supervisory authority. This document will not be left behind after this presentation and by accepting this document and attending the presentation you agree to be bound by the foregoing limitations.
Unless otherwise stated, all data in this presentation is as of September 30, 2013.

4. 130+ CLIENTS1 HIGH RETENTION REVENUE CAGR 26% FY 2011 TO FY 2013
2000
2013
UNINTERRUPTED GROWTH
7000+ PERSONNEL 19 OFFICES
130+ CLIENTS1 HIGH RETENTION
REVENUE CAGR 26% FY 2011 TO FY 2013
(1) Number of clients as of March 31, 2013
2013 LUXOFT AND/OR ITS AFFILIATES. ALL RIGHTS RESERVED. 4

5. OUR FINANCIALS: STRONG AND DIVERSIFIED
REVENUE
REVENUE (US $M)
$98
2Q FY2014
+32% YoY
REVENUE BY GEOGRAPHY (1H FY2014)
TOTAL
US $181M 5%
RoE
<1%
OTHERS
+17% QoQ 4%
CANADA
$84
1Q FY2014
41% US 9%
RUSSIA
$71
1Q FY2013
12%
GERMANY
29% UK
$74
2Q FY2013
$84
1Q FY2014
$98
2Q FY2014
REVENUE (US $M)
$98
2Q FY2014
REVENUE BY VERTICAL (1H FY2014)
TOTAL
US $181M 9%
TELECOM 2%
ENERGY 1%
OTHERS
+25% YoY
$84
1Q FY2014
57%
FINANCIAL SERVICES
12% AUTO &
TRANSPORT
$71
1Q FY2013
9% TECH
$145
1H FY2013
$181
2H FY2014
10% TRAVEL & AVIATION 5 5

6. OUR FINANCIALS: HIGHLY PROFITABLE
ADJ. EBITDA AND ADJ. EBITDA MARGIN
ADJ. EBITDA¹ AND ADJ. EBITDA MARGIN (US$M)
ADJ. EBITDA¹ AND ADJ. EBITDA MARGIN (US$M)
+41% YoY
+43% YoY
+36% QoQ
18.7%
17.1%
19.9%
16.3%
18.6%
$13.8
2Q FY2013
$14.4
1Q FY2014
$19.5
2Q FY2014
$23.6
1H FY2013
$33.8
1H FY2014
% = Adj. EBITDA margin
% = Adj. EBITDA margin
(1) Adjusted EBITDA is calculated as GAAP net income from continuing operations including minority interests and excluding share based compensation, net interest, income tax and D&A 6

7. OUR FINANCIALS: HIGHLY PROFITABLE
OPERATING INCOME MARGIN
GAAP OPERATING INCOME MARGIN
NON-GAAP OPERATING INCOME MARGIN
+1.5% YoY
+1.7% YoY
+2.6% QoQ
+3.3% QoQ
14.1%
2Q FY2013
13.0%
1Q FY2014
15.6%
2Q FY2014
16.2%
2Q FY2013
14.6%
1Q FY2014
17.9%
2Q FY2014
+2.7% YoY
+2.2% YoY
11.7%
1H FY2013
14.4%
1H FY2014
14.2%
1H FY2013
16.4%
1H FY2014

8. OUR FINANCIALS: HIGHLY PROFITABLE
NET INCOME AND NET INCOME MARGINS
GAAP NET INCOME AND NET INCOME MARGINS (US$M)
NON-GAAP NET INCOME AND NON-GAAP NET INCOME MARGINS (US$M)
+46% YoY
+45% YoY
+36% YoY
+39% QoQ
12,3%
11,7%
13,6%
14,5%
13,3%
15,9%
$9.1
2Q FY2013
$9.8
1Q FY2014
$13.3
2Q FY2014
$10.7
2Q FY2013
$11.1
1Q FY2014
$15.5
2Q FY2014
% = Adj. EBITDA margin
% = Adj. EBITDA margin
+63% YoY
+50% YoY
9,8%
12,7%
12,3%
14,7%
$14.2
1H FY2013
$23.1
1H FY2014
$17.8
1H FY2013
$26.7
1H FY2014

9. OUR FINANCIALS: HIGHLY PROFITABLE
DILUTED EPS
DILUTED EPS ON US GAAP
(US$)
DILUTED EPS ON A NON-GAAP BASIS
(US$)
+33% YoY
+31% YoY
+25% QoQ
+31% QoQ
$0.30
2Q FY2013
$0.32
1Q FY2014
$0.40
2Q FY2014
$0.36
2Q FY2013
$0.36
1Q FY2014
$0.47
2Q FY2014
+55% YoY
+42% YoY
$0.47
1H FY2013
$0.73
1H FY2014
$0.59
1H FY2013
$0.84
1H FY2014 9 9

10. HEALTHY CASH FLOW AND STRONG BALANCE SHEET
BALANCE SHEET SUMMARY (US$M)
(US$M)
Cash1
Receivables
Total assets
Total liabilities
As of March 31, 2013
4.5
77,6
155.2
59.9
As of September 30, 2013
37.1
94,9
206.8
85.3
(1) Including IPO Proceeds

12. APPENDIX: RECONCILIATION OF KEY FINANCIAL ITEMS
Three Months Ended September 30,
Six Months Ended September 30,
2013
GAAP
Adjustments
Non-GAAP
Net income
13,304
2,225
15,529
Diluted Earnings per share
$0.40 -
$0.47
2013
GAAP
Adjustments
Non-GAAP
Net income
23,118
3,551
26,669
Diluted Earnings per share
$0.73 -
$0.84
Three Months Ended September 30,
Six Months Ended September 30,
Adjustments to GAAP net income
2012
2013
Stock-based compensation expense
$1 254
$856
$2,970
$1,541
Amortization of purchased Intangible assets
322
641
644
1,282
Loss from revaluation of contingent liability -
728
Total Adjustments to GAAP net income
$1,576
$2,225
$3,614
$3,551
Three Months Ended September 30,
Six Months Ended September 30,
Reconciliation of earnings before interest, tax, depreciation and amortization
2012
2013
Net Income
$9,136
$13,304
$14,194
$23,118
Adjusted for:
Interest Expense
280
426
663
807
Income tax
996
1,123
1,604
1,707
Depreciation and Amortization
2,162
3,038
4,193
5,935
EBITDA
Adjusted for Stock based compensation
$12,574
$1,254
17,891
$856
$20,654
2,970
$31,567
1,541
Loss from revaluation of contingent liability -
728
Adjusted EBITDA
$13,828
$19,475
$23,624
$33,836 12