Dxc Technology Danmark A/S

Management reportGroup overview/structureAll entities are wholly owned by DXC Technology Danmark A/S unlessotherwise stated.Several companies exist between DXC UK International Operations Ltd.and the ultimate parent company, DXC Technology Company, but havenot been depicted in this group overview.The companies DXC Technology Scandihealth A/S and EnterpriseServices Denmark ApS will be merged into DXC Technology Danmarkduring the next fiscal year.Forward-Looking StatementsAll statements in this document that do not directly and exclusively relateto historical facts constitute “forward-looking statements.” Thesestatements represent current expectations and beliefs, and no assurancecan be given that the results described in such statements will beachieved. Such statements are subject to numerous assumptions, risks,uncertainties and other factors that could cause actual results to differmaterially from those described in such statements, many of which areoutside of our control.We do not undertake any obligation to update or release any revisions toany forward-looking statement or to report any events or circumstancesafter the date of this report or to reflect the occurrence of unanticipatedevents except as required by law.

Development of activities and financial mattersResult for the yearDXC Technology Danmark A/S Group (cf. Group overview/structure)generated revenues of 2,091 mDKK (2021/22: 2,438 mDKK). The changein Group revenue is due to discontinued activities and in line withmanagement’s expectations for the year.DXC Technology Danmark A/S (parent company for Denmark) generatedrevenues of 921.7 mDKK (2021/22: 1,136.7 mDKK).The loss from operating activity was 181.9 mDKK, as compared to a lossof 2.2 mDKK in 2021/22. The loss from operating activity in 2022/23 wasimpacted due to recognition of cost for 168.8m DKK relating to legaldispute in 2022/23. Note that the previous reporting period (2021/22) waspositively impacted by the gain from the sale of DXC’s healthcarebusiness.The loss from discontinued operations 212.1 MDKK consists of operatingloss and loss from sale of net assets. The discontinued business relatesto the sale of the Microsoft Business Applications (MBA) 31 March 2023 toa new company that will focus on the mid-market segment.The loss for the year 2022/23 is 402.5 mDKK in contrast to a profit of 2.8mDKK in 2021/22.In the annual report for the fiscal year 2021/22 for the parent company,DXC Technology Danmark A/S, the expectation for 2022/23 was tomaintain the level of revenue compared to last year.Fiscal year 2022/23 is impacted by the discontinued activities being 921.7mDKK compared to 1,136.7 mDKK.Financial resourcesDXC Technology Danmark A/S is a subsidiary of DXC TechnologyCompany and is funded by a combination of equity and group bankfacilities managed by the ultimate parent company, DXC TechnologyCompany. The capital structure of DXC Technology Danmark A/S has notbeen optimized for stand-alone purposes. DXC Technology Danmark A/Shas received a letter of support from the ultimate parent to ensure thatDXC Technology Danmark A/S has sufficient capital and liquidity.