HCL Technologies Ltd — Board/Management Information 2019

Oct 23, 2019

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October 23, 2019

The General Manager The Manager BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street 5th Floor, Plot No. C-1, Block-G Mumbai- 400 001 Bandra-Kurla Complex, Bandra(E) Mumbai-400 051 BSE Scrip Code: 532281 NSE Scrip Code: HCLTECH

Sub.: HCL Technologies appoints Mr. Shikhar Malhotra on its Board

Dear Sirs,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Board of Directors, as per the recommendation of the Nomination and Remuneration Committee, has appointed Mr. Shikhar Malhotra (DIN: 00779720) as an Additional Director on the Board of the Company w.e.f. October 22, 2019. His appointment is in accordance with the provisions of the Companies Act, 2013 and he shall hold office as a Non-Executive Non-Independent Director of the Company.

Mr. Shikhar Malhotra is not debarred from holding office of director by virtue of any SEBI Order or any other such authority.

He is related to Mr. Shiv Nadar, Chairman & Chief Strategy Officer and Ms. Roshni Nadar Malhotra, Non-Executive Non-Independent Director of the Company.

A Release in this regard is enclosed.

This is for your information and records.

Thanking you,

Yours faithfully, For HCL Technologies Limited

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Manish Anand Company Secretary

Encl: a/a

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HCL Technologies appoints Shikhar Malhotra to the Board of Directors

NOIDA, October 22, 2019 : HCL Technologies Ltd (HCL), a leading global technology company today announced the appointment of Mr. Shikhar Malhotra as a Non- Executive Non-Independent Director on its Board. With the addition of Mr. Shikhar Malhotra, the total Board strength of the Company increases to 11 Directors, including 8 Independent Directors and 3 Non-Independent Directors. The Company has 3 women Directors.

Welcoming Shikhar Malhotra to the Board, Shiv Nadar, Chairman and Chief Strategy Officer, HCL Technologies said, “I am extremely delighted to welcome Shikhar to the board of HCL. I am certain that the next-gen ideas and diverse experience he brings on the table will help the company in its journey ahead. I would like to thank Shikhar’s decision to become a part of HCL Technologies and look forward to working with him”.

Shikhar Malhotra currently is the Executive Director and Board Member of HCL Corporation. He is also the Vice Chairman of HCL Healthcare, Pro Chancellor of Shiv Nadar University and Trustee of The Habitats Trust. His wide and diverse experience in fields of education, healthcare and environment will play a vital role in providing holistic direction to the company’s growth plans. Shikhar is an alumnus of Babson College where he studied Entrepreneurship.

Commenting on his appointment, Shikhar Malhotra said, “I am extremely delighted and honoured by the Board’s decision. As technology increasingly becomes an intrinsic part of our lives, it becomes imperative for companies like HCL to bring in new ideas and solutions. I look forward to my new role as a part of the respected board.”

Mr. Shikhar Malhotra’s appointment is effective October 22, 2019.

About HCL Technologies

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HCL Technologies (HCL) empowers global enterprises with technology for the next decade today. HCL’s Mode 1-2-3 strategy through its deep-domain industry expertise, customer-centricity and entrepreneurial culture of ideapreneurship™ enables businesses transform into next-gen enterprises. HCL offers its services and products through three business units - IT and Business Services (ITBS), Engineering and R&D Services (ERS) and Products & Platforms (P&P). ITBS enables global enterprises to transform their businesses through offerings in areas of Applications, Infrastructure, Digital Process Operations and next generational digital transformation solutions. ERS offers engineering services and solutions in all aspects of product development and platform engineering while

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under P&P, HCL provides modernized software products to global clients for their technology and industry specific requirements. Through its cutting-edge co-innovation labs, global delivery capabilities and broad global network, HCL delivers holistic services in various industry verticals, categorized under Financial Services, Manufacturing, Technology & Services, Telecom & Media, Retail & CPG, Life Sciences & Healthcare and Public Services.

As a leading global technology company, HCL takes pride in its diversity, social responsibility, sustainability and education initiatives. As of 12 months ended September 30, 2019, HCL has a consolidated revenue of US$ 9.3 billion and its 147,123 ideapreneurs operate out of 44 countries.

For more information, visit www.hcltech.com

Forward–looking Statements

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Certain statements in this release are forward-looking statements, which involve a number of risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from those in such forward-looking statements. All statements, other than statements of historical fact are statements that could be deemed forward looking statements, including but not limited to the statements containing the words 'planned', 'expects', 'believes', 'strategy', 'opportunity', 'anticipates', 'hopes' or other similar words. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding impact of pending regulatory proceedings, fluctuations in earnings, our ability to manage growth, intense competition in IT services, Business Process Outsourcing and consulting services including those factors which may affect our cost advantage, wage increases in India, customer acceptances of our services, products and fee structures, our ability to attract and retain highly skilled professionals, our ability to integrate acquired assets in a cost effective and timely manner, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, the success of our brand development efforts, liability for damages on our service contracts, the success of the companies / entities in which we have made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property, other risks, uncertainties and general economic conditions affecting our industry. There can be no assurance that the forward looking statements made herein will prove to be accurate, and issuance of such forward looking statements should not be regarded as a representation by the Company, or any other person, that the objective and plans of the Company will be achieved. All forward looking statements made herein are based on information presently available to the management of the

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Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.

For details contact Ravi Kathuria ravi.kathuria@hcl.com

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