Investment to accelerate digital transformation and next-generation
solutions to clients

NOIDA, India & THE HAGUE, Netherlands–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/Digitaltechnology?src=hash” target=”_blank”gt;#Digitaltechnologylt;/agt;–HCL
Technologies (HCL), a leading global technology company, announced
the opening of a new office in The Hague, expanding its presence in the
Netherlands. From its new state-of-the-art office, HCL will have a core
focus on offering next-generation solutions and the ability to serve
major blue-chip organizations in the Netherlands and in Europe. This
further strengthens its position as one of the fastest growing
technology companies in the region.

“This is an incredible milestone marking HCL’s long legacy and strong
relationships with customers in the Netherlands,” said Sudip Lahiri,
SVP and Head of Financial Services in Europe, HCL Technologies.
“We’ve had the privilege of working with some of the region’s largest
blue-chip companies and we look forward to continuing to grow our
customer base even further, especially with our Mode 2 & Mode 3
offerings. Our new office in The Hague places us right at the heart of
the Netherlands’ business district, where we can work even more closely
with our clients’ ecosystem and continue to drive our business growth.”

HCL has been supporting European businesses from its offices in the
Netherlands for the last 20 years. During this time, HCL has empowered
organizations to embark on their digital transformation journey, helping
them to become more competitive and operationally efficient. Through
design thinking, cybersecurity, cloud-native services and the ability to
leverage new data and analytics capabilities, HCL helps its clients to
create more agile, customer-centric approaches to service delivery.

The new office was officially opened by HCL’s SVP and head of financial
services in Europe, Sudip Lahiri, during an inauguration ceremony. The
ceremony was attended by leading business dignitaries, including Ms.
Pauline Krikke, Mayor of The Hague, Mr. Venu Rajamony, Ambassador of
India in The Netherlands, Ms. Anke Schlichting, CTO of Aegon Netherlands
and Mr. Jesper Erichsen, CIO Leaseplan.

Some of HCL’s key milestones in The Netherlands include:

• The opening of HCL’s first ever office in The Hague, Netherlands in
  1998 followed by two other offices in Amsterdam in 2017
• Successful strategic business transformation engagements with leading
  global customers across verticals in the region, including many
  financial services companies like Aegon
  and Leaseplan
• The inauguration of HCL and Aegon’s joint cXstudio
  in The Hague in 2015, creating a co-innovation lab for superior
  customer experience.
• HCL’s ‘Scale Digital Delivery Center’ in Amsterdam on digital
  transformation programs in scale & distributed agile delivery models.
• HCL’s Fintech Innovation lab in Amsterdam in collaboration with one of
  the region’s largest financial services companies

“I am proud of the business prospects, local talent pool and partnership
opportunities that The Hague has to offer, providing a strong draw for
multinational companies like HCL who have established their roots in the
Hague for the last two decades ,” said Pauline Krikke, Mayor of The
Hague. “I’m delighted that HCL, a next-gen, global technology
company, has chosen our city as the base for its innovation-led projects
and expanded presence in the Netherlands.”

“I am delighted that HCL is expanding its presence in the NL through an
additional office in the Hague,” said Mr. Venu Rajamony, Ambassador
of India in The Netherlands. “I am confident that HCL will continue
to maintain its reputation of being a top class provider of services to
the business community and contribute to the increased capabilities of
Dutch business.”

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$
8.4 billion, for 12 Months ended 31st December, 2018. HCL focuses on
providing an integrated portfolio of services underlined by its Mode
1–2–3 growth strategy. Mode 1 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, IoT WoRKS™, Cloud Native Services and Cybersecurity & GRC
services to drive business outcomes and enable enterprise
digitalization. Mode 3 strategy is ecosystem–driven, creating innovative
IP–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 132,328 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.

Contacts

HCL Technologies

Elka Ghudial, EMEA
Elka.ghudial@hcl.com

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