HCL Technologies Ltd — Capital/Financing Update 2022

Apr 16, 2022

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April 16, 2022

The General Manager The Manager BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Dalal Street 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: Grant of Restricted Stock Units (RSUs) under ‘HCL Technologies Limited - Restricted Stock Unit Plan 2021’ (“HCL RSU Plan”)

Dear Sirs,

This is to inform you that the Nomination and Remuneration Committee (‘NRC’) of the Board of Directors of the Company at its meeting held on April 15, 2022, has granted RSUs to the eligible employees of the Company and its subsidiaries/associate companies under the HCL RSU Plan as per details given hereunder:

Particulars	Details
Brief details of RSUs granted	1,42,571 RSUs in aggregate have been granted to 31 eligibleemployees of the Company and its subsidiaries/associatecompanies.Each RSU shall entitle the RSU holder one fully paid-up equityshare of ₹ 2/- each of the Company against each RSU vestedand exercised and accordingly, up to 142571 equity shares of ₹2/- each (representing 0.0053% of the paid-up equity sharecapital of the Company as on date), shall be transferred as perthe terms of the HCL RSU Plan to the eligible employees.As informed earlier, the HCL RSU Plan has been implementedthrough a trust mechanism wherein the trust shall acquire theshares from the secondary market and transfer the same to theeligible employees on exercise. No fresh shares shall be issuedby the Company either to the trust or to the employees in termsof the HCL RSU Plan.
Whether the scheme is in termsofthe SEBI (Share BasedEmployee Benefits and SweatEquity)Regulations,2021(erstwhile known as the SEBI(ShareBasedEmployeeBenefits) Regulations, 2014).	Yes

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Vesting Period	The tenure based RSUs granted under the HCL RSU Planwould vest on or after March 31, 2024.The RSUs that are based on performance conditions will vest onor after a period of 1 year from the date of grant.
Exercise Period	The vested RSUs shall be exercised by the eligible employeeswithin a maximum period of 6 months from the date of vesting ofRSUs.
Exercise Price	₹2/- Per RSU_i.e._at Par value of equity share .
Diluted earnings per sharepursuant to issue of equityshares on exercise of RSUs.	There will not be any dilution of earnings per share as no freshshares shall be issued in terms of the HCL RSU Plan.

Further, the NRC approved the cancellation of 54,991 RSUs that were approved to be granted to the eligible employees by the NRC in its meeting held on December 20, 2021.

This is for your information and records.

Yours faithfully,

For HCL Technologies Limited

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Manish Anand Company Secretary

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