TCS : SAYS US PERM SUSPENSION WILL NOT IMPACT WORKFORCE STRATEGY

• TCS noted the US Government announcement on the Permanent Labor Certification Program and will comply with any Department of Labor directive • US workforce strategy is anchored in hiring local talent, supported by a robust campus recruitment model • Has built a significant local workforce across 31 offices and delivery centers throughout the US • Intends to hire an additional 15,000 people in the US over the next five years • PERM applications were in single digits in the last two years, so the suspension is not expected to impact workforce strategy and customer engagements Impact: Neutral (Company expects no operational impact from the PERM suspension, citing low PERM usage and local hiring focus)

Tata Consultancy Services Ltd

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