HCL Technologies Ltd — Capital/Financing Update 2025

Jan 16, 2025

January 16, 2025

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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’)

Dear Sir/Madam,

This is to inform you that the Nomination and Remuneration Committee (‘NRC’), vide its resolution dated January 15, 2025 which was approved by circulation on January 16, 2025, has granted RSUs to the eligible employees of the Company and its subsidiaries under the HCL Technologies Limited - Restricted Stock Unit Plan 2021 (“RSU Plan 2021”) and HCL Technologies Limited - Restricted Stock Unit Plan 2024 (“RSU Plan 2024”), as per details given hereunder.

Particulars

Details of RSUs granted

Brief details of RSUs granted

•3,14,798 RSUs in aggregate have been granted to 22 eligible employees of the Company and its subsidiaries under the RSU Plan 2021. •49,677 RSUs in aggregate have been granted to 8 eligible employees of the Company and its subsidiaries under the RSU Plan 2024. Each RSU shall entitle the RSU holder one fully paid-up equity share of ₹ 2/- each of the Company against each RSU vested and exercised and accordingly, up to 3,64,475 equity shares of ₹ 2/- each in aggregate (representing 0.013% of the paid-up equity share capital of the Company as on date) shall be transferred as per the terms of the aforesaid RSU Plans to the eligible employees. The aforesaid RSU Plans are being implemented through a trust mechanism wherein the trust acquires the shares from the secondary market and transfers the same to the eligible employees on exercise. No fresh shares shall be issued by the Company either to the trust or to the employees in terms of the RSU Plans.

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HCL Technologies Ltd. Technology Hub, Special Economic Zone Plot No. 3A, Sector 126, NOIDA– 201304, UP, India t: +91 0120 6120 25000 f: +91 120 4680330

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

	Whether the scheme is in terms of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (erstwhile known as the SEBI (Share Based Employee Benefits) Regulations, 2014).		Yes
	Vesting Period		RSU Plan 2021 Vesting date 30-Jun-2026 30-Jun-2028 30-Jun-2028 RSU Plan 2024 Vesting date 31-Jan-2026 30-Jun-2026 30-Jun-2027 30-Jun-2028			Remarks Performance based RSUs Performance based RSUs Tenure based RSUs Remarks Performance based RSUs Performance based RSUs Tenure based RSUs Tenure based RSUs
				Vesting date	No. of RSUs	Remarks
				30-Jun-2026	14,332	Performance based RSUs
				30-Jun-2028	38,218	Performance based RSUs
				30-Jun-2028	2,62,248	Tenure based RSUs
					3,14,798
				Vesting date	No. of RSUs	Remarks
				31-Jan-2026	362	Performance based RSUs
				30-Jun-2026	19,509	Performance based RSUs
				30-Jun-2027	543	Tenure based RSUs
				30-Jun-2028	29,263	Tenure based RSUs
					49,677
	Exercise Period		The vested RSUs shall be exercised by the eligible employees within a maximum period of 6 months from the date of vesting of RSUs.
	Exercise Price		₹ 2/- Per RSU_i.e._at Par value of equity share.
	Diluted earnings per share pursuant to issue of equity shares on exercise of RSUs.		There will not be any dilution of earnings per share as no fresh shares shall be issued in terms of the RSU Plans.

Further, 2,609 RSUs (1,682 RSUs under the RSU Plan 2021 and 927 RSUs under the RSU Plan 2024) that were earlier approved for grant have been cancelled.

This is for your information and records.

Yours faithfully,

For HCL Technologies Limited

Manish Digitally signed by Manish Anand Anand Date: 2025.01.16 19:06:15 +05'30' Manish Anand Company Secretary

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HCL Technologies Ltd. Technology Hub, Special Economic Zone Plot No. 3A, Sector 126, NOIDA– 201304, UP, India t: +91 0120 6120 25000 f: +91 120 4680330

Corporate Identity Number: L74140DL1991PLC046369 Registered Office:

806 Siddharth, 96, Nehru Place, New Delhi -110009, India