TCS : NETHERLANDS SUBSIDIARY ACQUIRES 100% EQUITY SHARES OF MHP MANAGEMENT- UND IT-BERATUNG GMBH

• Tata Consultancy Services Netherlands B.V., a wholly owned subsidiary of TCS, will acquire 100% equity shares of MHP Management- und IT-Beratung GmbH for an enterprise value of €320 million. • MHP is a consulting firm specializing in automotive and industrial consulting, digital transformation, AI, and software-defined mobility. • The acquisition is part of a strategic partnership between TCS and Porsche to drive AI transformation. • Completion is subject to regulatory approvals and fulfilment of conditions precedent. Impact: Strategic acquisition to bolster AI and digital transformation capabilities in the automotive sector.

Tata Consultancy Services Limited

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