Founder & Chief Strategy Officer
Chief Executive Officer

Annual Report
2021

Dear Shareholders,

The world has been dramatically reshaped by the COVID-19 pandemic which has transformed life as we know it. Technology has been all pervasive; however, it has become the very epicenter of our lives in the wake of the pandemic. Without the technology interventions available to humanity today, it is hard to imagine the same accelerated pace of progress and minimization to the disruption of everyday life.

I am immensely proud to see our HCL family actively becoming a catalyst of this change and helping global enterprises embrace digital transformation. HCL has always been the partner-of-choice for leading enterprises to augment human ingenuity with next-gen technology solutions - "The New Essential". It is because of the passion and dedication of 168,000+ HCLites that we achieved the milestone of becoming a $10B global technology company with a unique portfolio of offerings. As we move forward, we are prepared to "Act, Adapt, and Advance" to the next phase of our journey, keeping upright the spirit of resilience, innovation, and collaboration. As an organization, our strategy focuses on us being a responsible business, redefining workplaces, renewing ecosystems, and repaying to society.

Last year, where the circumstances changed by the minute, attributes like empathy, compassion, and speed helped us consistently deliver industry-leading performance. The trust our clients and partners have shown in us is a testimony to this commitment.

For us at HCL, the top priority has always been the health and safety of our employees and business continuity for our clients. In the early days of the COVID-19 pandemic itself, HCL pushed the pedal to facilitate the transition of employees and clients to work remotely and build capacity through swift infrastructure scale-up. Our timely COVID-19 planning led to 96 percent of our employees working from home. It was made possible due to the commitment of our employees, discipline of the leadership, and our robust processes.

A crisis of such magnitude is a great reminder of our responsibility to give back to society and, at HCL, social responsibility is integral to our core values. While we are extremely focused on our clients, employees, and shareholders, we do not take our social responsibility lightly and continue to support our communities around the world. This year, HCL Foundation is celebrating a decade of stewardship and creating socio-economic-environmental impact. Our success is not only reflected in attaining our business goals but also in the socio-economic development of the communities we engage with.

The pandemic has been a sobering reminder to the world that change can come in unanticipated ways. As the global economy revives and we emerge from this crisis, we will continue to meet future challenges armed with our core beliefs of innovation and invention, driven by a strong faith in humanitarian values.

Together with our employees, clients, and partners, we are sowing the seeds of resilience for a stronger and better tomorrow. I hope the actions that we are implementing today will help HCL stakeholders look back at us with immense pride.

I would like to thank and express my humble gratitude to our shareholders for always believing in us to lead the way on the path of transformation and excellence.

Thank you,

Roshni Nadar Malhotra