TDS communication to shareholders attached

XSL/SE/2026-27/19 August 15, 2026 The Secretary The Secretary Listing Department Listing Department BSE Limited National Stock Exchange of India Limited PJ Towers, Dalal Street, Exchange Plaza, 5th Floor, Plot No. C/1, G Mumbai - 400 001 Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051 Script Code: 532616 Script Code: XCHANGING Sub: Tax Deduction at Source ("TDS") on Final Dividend for the Financial Year ended March 31, 2026. Dear Sir/Madam, This is to inform you that an email communication providing detailed information & instructions with respect to TDS on Final Dividend for the Financial Year ended March 31, 2026 has been sent separately to the Members on August 14, 2026, whose email id is registered. The said communication is attached herewith for your reference and will also be made available on the Company’s website at https://dxc.com/in/en/about- us/xchanging-solutions-limited-investor-relations You are kindly requested to take the above information on record. Thanking You, Yours Sincerely, For Xchanging Solutions Limited Radhika Khurana Company Secretary & Compliance Officer Encl: a/a Xchanging Solutions Limited, a DXC Technology Company CIN: L72200KA2002PLC030072 Registered Office: 6th Floor, Wing-E, Prestige Lakeshore Drive, Building 10, Amani Bellandur Khane Village, Varthur Hobli, Mahadevapura Zone, Ward No.150, Bengaluru, Karnataka 560103, India T : +91 80 6972 9602, W: www.dxc.com/xsl , E: xchangingcompliance@dxc.com DXC Sensitivity: Public Xchanging Solutions Limited (a DXC Technology Company) CIN: L72200KA2002PLC030072 Regd. Office: 6th Floor, Wing E, Prestige Lakeshore Drive,Building 10, Amani Bellandur Khane Village, Varthur Hobli, Mahadevapura Zone, Ward No.150,Bengaluru – 560103, Karnataka, India Tel: +91 80 6972 9602 Email : xchangingcompliance@dxc.com Website : www.dxc.com URL: https://dxc.com/in/en/about-us/xchanging-solutions-limited-investor-relations 14th August 2026 Dear Member(s), Sub: Tax Deduction at Source ("TDS") on Final Dividend for the Financial Year ended March 31, 2026. The Board of Directors of the Company considered and recommended the Final Dividend of INR 2/- per equity share @ 20% on the face value of INR 10/- each for the financial year ended March 31, 2026, subject to the approval of the members at the ensuing 25th Annual General Meeting ("AGM") of the Company. The Record date fixed to determine the members whose names appear in the register of members is Friday, August 14, 2026. Members will be entitled to receive the aforesaid Final Dividend for the financial year ended March 31, 2026 only through electronic mode as per the updated bank mandate in the physical and / or demat holding. As you are aware, under the provisions of the Income-tax Act, 2025 (as amended by Finance Act, 2026) (‘the Act’) and the Rules framed thereunder, dividend paid or distributed by a company shall be taxable at the hands of the Shareholders. Accordingly, the Company shall be required to deduct tax at source from the said Final Dividend for the financial year ended March 31, 2026 at prescribed rates. The tax deduction / withholding tax rate would vary depending on the residential status of the shareholder and the exemptions as enumerated in the Act subject to fulfilling the documentary requirements. Please note that since the said dividend is going to be paid after April 01, 2026, shareholders are required to submit the declarations/exemption documents/Tax treaty relief documents and other related documents etc., which are valid for the financial year 2026-27. The shareholders are requested to update their Permanent Account Number ("PAN") with the KFin Technologies Limited ("KFintech"), Registrar and Share Transfer Agent ("RTA") (in case of shares held in physical mode) and with the Depositories/ Depository Participants (in case of shares held in demat mode). For resident and non-resident shareholders, you are requested to confirm your residential status as per the provisions of the Income Tax Act, 2025, by email to einward.ris@kfintech.com. Part I - Mandatory details applicable for all shareholders: It is hereby requested to ensure that the details mentioned hereinbelow are completed and/or updated, as applicable, through the depository participant if the shares are held in demat form and in case of shares are held in physical form through RTA on or before August 19, 2026 (6:00 PM). 1. Residential status as per the Act i.e. Resident or Non-Resident for FY 2026-27 along with valid PAN copy, if any 2. Category of shareholder • Mutual Fund • Insurance Company • Alternate Investment Fund (AIF) Category I and II • AIF Category III • Government (Central/State) • Foreign Portfolio Investor (FPI) /Foreign Institutional Investor (FII): Foreign Company • FPI/FII: Others (being Individual, Firm, Trust, AJP, etc.) • Individual • Hindu Undivided Family (HUF) • Firm • Limited Liability Partnership (LLP) • Association of Persons (AOP), Body of individuals (BOI) or Artificial Juridical Person (AJP) • Trust • Domestic company • Foreign company 3. Email ID 4. Address Please note that the above details as available on record date in the register of members will be relied upon by the Company, for the purpose of complying with the applicable TDS provisions. Part II - TDS Provisions and documents required as applicable for relevant category of shareholders In addition to ensuring completion and/or updating, as applicable, of above mandatory details, shareholders are also requested to take note of the TDS rates and additional information requested by the Company for their respective category in order to comply with the applicable TDS provisions. 1. Resident Shareholders: Tax is required to be deducted at source under Section 393(1) [Table Sr. No. 7] read with Section 393(4) [Table Sr. No. 10] of the Act, at the rate of 10% on the amount of dividend where Shareholders have registered their valid Permanent Account Number (PAN). In case, Shareholders do not have PAN / have not registered their valid PAN details in their demat account/ PAN is invalid or declared to be inoperative on non-linking of PAN with Aadhaar, TDS at the rate of 20% shall be deducted under Section 397 of the Act. • Resident Individuals: No tax shall be deducted on the dividend payable to resident individuals if: o Total dividend amount to be received by them during FY 2026-27 does not exceed ₹10,000/-; or o The Shareholder furnishes Form 121, provided that all the required eligibility conditions are met. Please note that all fields are mandatory to be filled up and the Company may at its sole discretion reject the form if it does not fulfil the requirement of law. Format of Form 121 is enclosed herewith as Annexure 1; o Exemption certificate, if any, issued by the Income-tax Department. • Resident Non-Individuals: No tax shall be deducted on the dividend payable to the following resident non-individuals where they provide details and documents as per the format attached in Annexure 2. o Insurance Companies: Self declaration that it qualifies as ‘Insurer’ as per Section 2(7A) of the Insurance Act, 1938 and has full beneficial interest with respect to the shares owned by it along with self-attested copy of PAN card and certificate of registration with Insurance Regulatory and Development Authority (IRDA)/ LIC/ GIC. o Mutual Funds: Self-declaration that it is registered with Securities and Exchange Board of India (‘SEBI’) and is notified under Section 11 of Schedule VII [Table Sr. No. 20] of the Act along with self-attested copy of PAN card and certificate of registration with SEBI. o Alternative Investment Fund (AIF): Self-declaration that its income is exempt under Section 11 - Schedule V [Table Sr. No. 1] of the Act, and they are registered with SEBI as Category I or Category II AIF along with self-attested copy of the PAN card and certificate of AIF registration with SEBI. o New Pension System (NPS) Trust: Self-declaration that it qualifies as NPS trust and income is e [Showing first 8,000 characters — download PDF for full document]