HCL Technologies Ltd — Regulatory Filings 2019

Jun 12, 2019

WM4.hCJ.COnl

June 12, 2019

The General Manager The Manager Corporate Relationship Department Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street 5th Floor, Plot No. C-i, Block-G Mumbai- 400 001 Bandra-Kurla Complex, Bandra(E)

BSE Limited National Stock Exchange of India Limited Mumbai-400 051

BSE Scrip Code: 532281 NSE Scrip Code: HCLTECH

Subioct: "HCL rated a loader in Forrester's inaugural Globdi loT Services Wave for Connected Business Operations"

Dear Sir,

Enclosed please find a release on the captioned subject being issued by the Company today.

This is for your information and records.

Thanking you,

Yours faithfully, For HCL Technologies Limited

Manish Anand Company Secretary

End. ala

HCL rated a leader in Forrester's inaugural Global loT Services Wave for Connected Business Operations

Noida, India- June 12, 2019 - HCL Technologies (HCL), a leading global technology company, has been rated a 'Leader by Forrester in their inaugural "Global loT Services Wave for Connected Business Operations, Q4 2018". In this first report by Forrester on assessment of the state of global loT Services for connected business operations, HCL is cited as one of the five leaders from among 14 of the largest players evaluated.

WIth thIs rankIng, HCL has now been rated a leader In all the loT assessrrients done by leadIng analyst firms globally like Forrester, DC, Everest, Zinnov, SC and HFS.

"Our recognition as a leader by Forrester in their debut report on loT Services for Connected Business Operations is a testimony of how we are delivering measurable outcomes for our customers through creation of more efficient processes, new revenue streams and loT enabled business models. HCL's well rounded loT-led transformation strategy, industry specific customer centric problemsolving approach in our loT COLLABIM at Seattle and Noida have been instrumental in helping our customers maximize the ROl, effectiveness and efficiency of their Internet of Things (loT) enabled transformational initiatives", said Sukamal Banerjee, Corporate Vice President - ERS Sales (Hi Tech & Comm) & Head - loT W0RKSTM, HCL Technologies.

According to Forrester, "HCL is a strong fit for loT opportunities that require strong platform engineering capabilities. If a customer is seeking a supplier capable of an ongoing operational relationship, HCL is an appropriate choice"

HCL Technologies market focus on supporting customers' product development, R&D, and engineering efforts has been the wellspring of the company's approach to loT opportunities; it is now expanding to encompass additional opportunities in connected processes. Its business unit loT W0rK5TM offers a family of enabling software products, although the company also supports a broad array of loT platform alternatives. ~

About HCL Technologies

HCL Technologies (HCL) is a leading global technology company that helps global enterprises re imagine and transform their businesses through Digital technology transformation. HCL operates out of 44 countries and has consolidated revenues of US$ 8.6 billion, for financial year ended 31st March, 2019. HCL focuses on providing an integrated portfolio of services underlined by its Mode 1—2—3 growth strategy. Mode I encompasses the core services in the areas of Applications, Infrastructure, BPO and Engineering & R&D services, leveraging DRYiCETM Autonomics to transform clients' business and IT landscape, making them 'lean' and 'agile'. Mode 2 focuses on experience—centric and outcome—oriented integrated offerings of Digital & Analytics, loT WoRKSTM, Cloud Native Services and Cybersecurity & GRC services to drive business outcomes and enable enterprise digitalization. Mode 3 strategy is ecosystem—driven, creating innovative lP—partnerships to build products and platforms business. HCL leverages its global network of integrated co-innovation labs and global delivery capabilities to provide holistic multi—service delivery in key industry verticals including Financial Services, Manufacturing, Telecommunications, Media, Publishing, Entertainment, Retail & CPG, Life Sciences & Healthcare, Oil & Gas, Energy & Utilities, Travel, Transportation & Logistics and Government. With 137,965 professionals from diverse nationalities, HCL focuses on creating real value for customers by taking 'Relationships Beyond the Contract. For more information, please visit www.hcltech.com

Forward—looking Statements

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-timeframe 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 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 further details, please contact: HCL Technologies

Anne Coyle, US Anne.coyle@hcl.com

Elka Ghudial, Europe Elka.ghudial©hcl,com

Devneeta Pahuja, India and APAC Devneeta.p@hcl.com