HCL Technologies Ltd — Capital/Financing Update 2024

Apr 26, 2024

April 26, 2024

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

Sub.: Approval of Restricted Stock Unit Plan 2024

Dear Sirs,

This is to inform you that the Board of Directors at its meeting held on April 26, 2024, has approved the `HCL Technologies Limited - Restricted Stock Unit Plan 2024’ (“ RSU Plan 2024 ”) for grant of Restricted Stock Units (RSUs) to the eligible Employees and Directors of the Company and its subsidiaries & associates. The said Plan is proposed to be implemented to continue with the Company’s existing LongTerm Incentive (“LTI”) Plan wherein part of the LTI is given by way of Restricted Stock Units (“RSUs”).

The RSU Plan 2024 will be implemented through a trust mechanism wherein the Trust, formed for this purpose, will acquire equity shares of the Company through secondary market; and no fresh shares will be issued by the Company to implement the RSU Plan. Accordingly, there would be no equity dilution for the shareholders of the Company. The aggregate equity shares that will be provided against the RSUs shall not exceed 84,60,000 equity shares of Rs. 2/- each of the Company (0.31% of share capital of the Company as on March 31, 2024).

The RSU Plan 2024 is in accordance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

The adoption and the implementation of the RSU Plan will be subject to the approval of the shareholders of the Company that would be taken in due course.

This is for your information and records.

Thanking you,

For HCL Technologies Limited

Manish Anand Digitally signed by Manish Anand Date: 2024.04.26 17:35:48 +05'30'

Manish Anand Company Secretary

HCL Technologies Ltd. Technology Hub, Special Economic Zone Plot No. 3A, Sector 126, NOIDA– 201304, UP, India t: +91 120 4306000 f: +91 120 4680330

Corporate Identity Number: L74140DL1991PLC046369 Registered Office: 806 Siddharth, 96, Nehru Place, New Delhi -110009, India