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DXC Technology Renews CEO and CFO Contracts Through 2028 with Performance-Based Equity Grants

DXC Technology Announces Special Equity Grants to Leadership Team

ASHBURN, Va. – May 14, 2025 – DXC Technology (NYSE: DXC) has announced special equity grants for its President and CEO, Raul Fernandez, and Executive Vice President and CFO, Rob Del Bene, as part of a strategy to secure leadership continuity through fiscal year 2028 and align executive compensation with long-term shareholder value.

The Board of Directors unanimously approved these grants, underscoring their confidence in the executives’ strategic vision and operational capabilities. David Herzog, Chairman of the DXC Board, praised Fernandez’s revitalization of the company’s market execution and cultural momentum, alongside Del Bene’s financial acumen, positioning DXC favorably for sustainable growth.

Rather than traditional annual equity grants for fiscal years 2026 through 2028, Fernandez and Del Bene will receive a one-time three-year equity grant. This innovative structure links their future compensation to performance metrics including free cash flow, revenue generation, and shareholder return compared to industry peers. The goal is to enhance retention and incentivize successful execution of DXC’s long-term strategy.

Fernandez expressed his commitment to leading DXC, highlighting interactions with over a hundred customers over the past 15 months. Their feedback reinforced DXC’s reputation as a trusted partner equipped with the expertise and talent needed to drive sustainable growth.

The details of the equity grants, filed with the Securities and Exchange Commission, aim to promote a unified mission centered on delivering value for clients and shareholders.

For more information about DXC Technology, visit dxc.com.

Contact:
Roger Sachs, CFA, Investor Relations
+1-201-259-0801
roger.sachs@dxc.com

Kaveri Camire
+1-914-625-6395
kaveri.camire@dxc.com

Forward-looking statements are subject to risks and uncertainties. For a detailed discussion, refer to DXC’s Annual Report and SEC filings.

Source
Photo credit www.stocktitan.net

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