plenary - csc high performance - by duy le

© 2016 Computer Sciences Corporation

A Story Of Transformation for High Performance OrganizationDUY LE

2 May 3, 2023© 2016 Computer Sciences Corporation 2 © 2016 Computer Sciences Corporation

I. The Company

II. Basic Concepts

III. The Transformation Journey

IV. Vietnam Center View

Agenda

3 May 3, 2023© 2016 Computer Sciences Corporation

DisclaimerCSC–HPE Merger

In connection with the proposed transaction, Everett SpinCo, Inc., a wholly-owned subsidiary of Hewlett Packard Enterprise created for the transaction (“Spinco”), will file with the SEC a registration statement on Form S-4/S-1 containing a prospectus and CSC will file with the SEC a proxy statement on Schedule 14A and a registration statement on Form S-4 containing a prospectus. INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE REGISTRATION STATEMENTS/PROSPECTUSES AND PROXY STATEMENT WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PARTIES AND THE PROPOSED TRANSACTION. Investors and security holders may obtain a free copy of the prospectuses and proxy statement (when available) and other documents filed with the SEC by CSC, Hewlett Packard Enterprise and Spinco at the SEC’s web site at http://www.sec.gov. Free copies of these documents, once available, and each of the companies’ other filings with the SEC, may also be obtained from CSC’s web site at www.csc.com. This communication is not a solicitation of a proxy from any investor or security holder. However, CSC, Hewlett Packard Enterprise, and certain of their respective directors, executive officers and other members of management and employees, may be deemed to be participants in the solicitation of proxies from stockholders of CSC in respect of the proposed transaction under the rules of the SEC. Information regarding CSC’s directors and executive officers is available in CSC’s 2016 Annual Report on Form 10-K filed with the SEC on June 14, 2016, and in its definitive proxy statement for its annual meeting of stockholders filed on June 24, 2016. Information regarding Hewlett Packard Enterprise’s directors and executive officers is available in Hewlett Packard Enterprise’s 2015 Annual Report on Form 10-K filed with the SEC on December 17, 2015, and in its definitive proxy statement for its annual meeting of stockholders filed on February 12, 2016. These documents as well as other documents filed by CSC, Hewlett Packard Enterprise or Spinco with the SEC can be obtained free of charge from the sources indicated above. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the registration statements, prospectuses and proxy statement and other relevant materials to be filed with the SEC when they become available. This communication shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. All statements in this presentation that do not directly and exclusively relate to historical facts constitute “forward-looking statements.” These statements represent the Company’s intentions, plans, expectations and beliefs, and are subject to risks, uncertainties and other factors, many of which are outside the Company’s control. Many factors could cause actual results to differ materially from such forward-looking statements with respect to the transaction announced above including risks relating to the completion of the transaction on anticipated timing, including obtaining shareholder and regulatory approvals, anticipated tax treatment, unforeseen liabilities, future capital expenditures, inability to achieve expected synergies, loss of revenues, delay or business disruption caused by difficulties in integrating the businesses of CSC and Enterprise Services. For a written description of risk factors that could cause actual results in CSC’s business to differ materially from forward looking statements regarding those matters, see the section titled “Risk Factors” in CSC’s Form 10-K for the fiscal year ended April 1, 2016. and any updating information in subsequent SEC filings. The Company disclaims any intention or obligation to update these forward-looking statements whether as a result of subsequent event or otherwise, except as required by law.

4 May 3, 2023© 2016 Computer Sciences Corporation 4 © 2016 Computer Sciences Corporation

Who We AreA Global IT Leader of Innovative Solutions

2,500+ CLIENTSCOUNTRIES

60+EMPLOYEES WORLDWIDE

66,000+

55+ YEARS OF

INNOVATION

$8B GLOBAL IT

SERVICES LEADER

100+ GLOBAL ALLIANCES WITH BEST-OF-BREED

PARTNERS

*

* CSC FY16 Revenue (Pro Forma for Xchanging and UXC)

5 May 3, 2023© 2016 Computer Sciences Corporation May 3, 2023

NEW COMPANY

$26B REVENUE*

HPE’s Enterprise Services business is the IT transformation partner of choice for enterprises

CSC

$8BREVENUE

CSC is a trusted next-generation IT partner for Fortune 500 companies

HPE ES

$18BREVENUE

Increased scale

Industry leadership

Actionable cost synergy roadmap

Scaled financial platform for growth

Strong combined leadership

• Proven and highly experienced management with proven transformation record

• $26B of annual revenue in FY16• 5,000+ customers across 70

countries• Third-largest IT services business

globally

• Vertical leader in priority industries (insurance, healthcare, transportation, pharma, financial services)

• Poised to lead digital transformation with $3B in next-generation offerings

• Combined company expected to produce first-year synergies of $1B post-close, with a run rate of $1.5B by end of year 1

• Additional synergies to follow

• Capital capacity to invest and grow • Investment grade capital structure• Strong free cash flow profile

MERGER RATIONALE

Source: http://www.csc.com/about_us/aut/137155

The newly combined company will be one of the world’s largest pure-play IT services companies, uniquely positioned to lead clients’ digital transformations

Creating a Global IT Services LeaderCSC to Combine with Enterprise Services Division of Hewlett Packard Enterprise to Form a Pure-Play Global IT Services Leader

*Based on $18 billion in trailing 4 quarters of revenue for the Enterprise Services segment, adjusted for Mphasis and Communications and Media Solutions (CMS), plus $8 billion in trailing 4 quarters of revenue for CSC, adjusted for recent acquisitions

http://www.csc.com/about_us/aut/137155


Basic ConceptsThe High Performance Model

People

Process Technology

Goals

Values

MissionVision

Transformational Leadership

Adaptive Culture

High Performance Teams


Basic ConceptsMission

Mission is the motivating “why” your organization exists• Google’s mission is to organize the world’s information and make it universally accessible and

useful.• Facebook's mission is to give people the power to share and make the world more open and

connected.• Amazon’s mission is to strive to offer customers the lowest possible prices, the best available

selection, and the utmost convenience.• Apple’s mission to make a contribution to the world by making tools for the mind that advance

humankind.• Microsoft’s mission is to empower every person and every organization on the planet to achieve

more.

Goals

Values

MissionVision


Basic ConceptsVision

Vision is a destination (i.e. “where”), a preferred and tangible picture of the future• Google’s vision: To provide access to the world’s information in one click.• Facebook's vision: People use Facebook to stay connected with friends and family, to discover

what’s going on in the world, and to share and express what matters to them.• Amazon’s vision: To be Earth's most customer-centric company where people can find and

discover anything they want to buy online.• Microsoft’s vision: To build best-in-class platforms and productivity services for a mobile-first,

cloud-first world. Our platforms will harmonize the interests of end users, developers and IT better than any competing ecosystem or platform.

Goals

Values

MissionVision


Basic ConceptsCore Values

Core Values are the guiding principles that dictate behavior and action

Goals

Values

MissionVision

1. Focus on Impact2. Move Fast3. Be Bold4. Be Open5. Build Social Value

1. Fast is better than slow2. You can make money

without doing evil3. You can be serious

without a suit4. Great just isn’t good

enough5. Etc.

1. Customer Obsession2. Invent and Simplify3. Learn and Be Curious4. Insist on the Highest

Standards5. Earn Trust6. Etc.


Basic ConceptsThe Goals – 1/3 Goals

Values

MissionVision

*Adapted from Robert S. Kaplan and David P. Norton, “Using the Balanced Scorecard as a Strategic Management System,” Harvard Business Review (January-February 1996)

Balanced Scorecard1. Objectives

2. Measures

3. Targets

4. Initiatives



Values

MissionVision



Basic ConceptsHigh Performance Team

A group of people1. Clear roles with complementary talents and

skills

2. Aligned with and committed to a meaningful purpose

3. Consistently show high levels of collaboration and innovation

4. Focus on specific and challenging goals

5. Produce superior results (i.e. outperform other teams)


Adaptive Culture



Basic ConceptsAdaptive Culture – 1/3

An adaptive culture is an organizational culture that1. Encourages confidence and risk taking among employees

2. Focuses on changing needs of the customers and other stakeholders

3. Supports initiatives (new products/services, new ideas, etc.) to keep pace with the changes

4. Has strong leadership to produce change


Adaptive Culture





Adaptive Culture


Results from an 11 year study, contrasting cultures of more than 200 companies, shows organizations with Adaptive cultures consistently produced superior business results

*Corporate Culture and Performance: J.P. Kotter & J.L. Heskett, Free Press (1994)




Adaptive Culture


*Research and development by Robert A. Cooke, Ph.D. and J. Clayton Lafferty, Ph.DSource: http://www.human-synergistics.com

Organizational Culture Inventory® (OCI) describes and measures culture• Identifies current behavioral norms

• Sets prescriptions for successful change management (towards adaptive culture)

• Helps build ideal culture profile

• Facilities strategic technological andstructural change

• Facilities mergers, acquisitions andstrategic alliances

http://www.human-synergistics.com/

http://www.human-synergistics.com/


The Transformation JourneyNYSE: CSC Stock Symbol

*Source: Google Finance

Nov 2015Spin off CSRA

Transformation Started


The Transformation JourneyTechnology & Market Shift in Enterprise IT

*Source: http://www.ey.com/IN/en/Services/Advisory/ey-enterprise-it-trends-2015-smac-3

1. SMAC

2. IoT

3. VR/AR

4. Cyber Security

A. Maintenancevs. New Dev $$$

B. Smaller Deal Size

C. CIO vs. CMO

http://www.ey.com/IN/en/Services/Advisory/ey-enterprise-it-trends-2015-smac-3

http://www.ey.com/IN/en/Services/Advisory/ey-enterprise-it-trends-2015-smac-3


The Transformation JourneyIn 2012, We Embarked on a Multiyear Turnaround and Change Program

• Implemented a strategy to rebalance our portfolio, capitalized on market trends, invested in market-relevant offerings and expanded into new geographies

• Improved leverage of alliance partners and R&D

• Invested in next-gen offerings through acquisitions

• Returned to client-centric, market-driven approach backed by a performance-driven culture

• Streamlined our portfolio from 2,000 customized offerings to 15 families that comprise 200 next-gen offerings

• Invested ~$1B annually in R&D for next-gen and other offerings with our alliance partners

VALU

E

TIME

Get fit

Win more

Lead


The Transformation JourneyKey Alignments

Revised Vision & FocusClear values, offerings and strategy1Clear StructureLayer, Level, Title, Pyramid Mix, Span of Control & Stringent Performance Management2Streamlined Tools & ProcessesCSC University, SAP, Workday, WFM, SCM, Shared Services3Strategic InvestmentInvestment Review Board, Next-gen Offerings, Client zero for Business Technologies4


The Transformation JourneyMission, Vision & Core Values – 1/2

The mission of CSC is to be a global leader in providing technology-enabled business solutions and services

We help the organizations we work with benefit from new technologies and innovative ideas• Supported NASA when it was 3 years old

• Helped Saudi Arabia’s Ministry of Inferior with development of a nationwide teleprocessing network in 1979 (contract value of $221M, one of the largest IT systems in the world)

• Began 3 decades of support when Hubble Space Telescope was launched in 1981

• Helped Belgium with citizen identity management solutions

• Helped United Kingdom with NHS Connecting for Health program


The Transformation JourneyMission, Vision & Core Values – 2/2


High-touch Insurance Digital Insurance (Mobile, low-touch, insight-driven)

Healthcare Bureaucracy Digital Health (Population health enablement and coordinated care)

Banking Transactions Digital Banking (e.g., risk-managed financial services)

Classical Applications Digital Application Experiences

Classical Desktop Hyperproductive Digital Workplace/Employees

Classical Infrastructure Agile Hybrid Cloud Platforms

Independent Network Tower Secure Digital Network Services

Systems Management Integrated Digital Services Integration and Management

Understand Key Digital ShiftsGuiding Your Journey to Digital Transformation

To lead our clients to the digital enterprise, we provide integrated solutions that enable them to make key digital shifts, both industry-specific and across industries.

Journey to the Digital Enterprise www.csc.com/Digital_Journey

Digital Applications: The Key to Releasing Your Business’s Full Potential www.csc.com/Apps_Journey

Cloud Platform Enables Business Agility www.csc.com/Platform_Journey

Secure Software-Defined Networks Unlock Digital Information www.csc.com/Network_Journey

IDSM: Key to Managing the Digital Enterprise www.csc.com/IDSM_Journey

Digital Workplace Fuels Unprecedented Employee Collaboration www.csc.com/Workplace_Journey

Key Shifts Mark the Path to Digital Insurance www.csc.com/Insurance_Journey

Digital Banking Creates Opportunity for Customer-Focused Finance www.csc.com/Banking_Journey

Digital Revolution Enables Population Health Management www.csc.com/Healthcare_Journey

TOWARDFROM

Our Journey to the Digital Enterprise position paper series, produced by CSC’s global CTO team, guides our clients on their digital journeys by exploring the transformational shifts within five horizontal IT domains and three industry sectors:

http://www.csc.com/Digital_Journey

http://www.csc.com/Apps_Journey

http://www.csc.com/Platform_Journey

http://www.csc.com/Network_Journey

http://www.csc.com/IDSM_Journey

http://www.csc.com/Workplace_Journey

http://www.csc.com/Workplace_Journey

http://www.csc.com/Insurance_Journey

http://www.csc.com/Banking_Journey

http://www.csc.com/Healthcare_Journey

24 May 3, 2023© 2016 Computer Sciences Corporation May 3, 2023

Why We are DifferentExperience for Today, Innovation for Tomorrow

GLOBAL SCALE AND REACH

LEADERSHIP IN NEXT-GEN OFFERINGS

INNOVATIVE INDUSTRY APPLICATIONS AND SERVICES

TECHNOLOGY AND VENDOR INDEPENDENCE

• Transformed Zurich Insurance Group with CSC BizCloud™, enabling the global insurer to move to agile practices and cut costs by 30%

• Managed/modernized Bluescope Steel’s application portfolio with CSC’s next-gen offerings, enabling an end-to-end as-a-service environment

• Developed mobile apps that have helped 15,000 train drivers in France’s state-owned railway company, SNCF, stay on top of every task using a new generation of technologies

• Introduced API-based digital engagement platform that allows new insurance companies to enter the business quickly, and existing companies to evolve toward a next-gen solution

• Enhanced CSC Big Data Platform-as-a-Service™ to create one of the first open-source big data tools to offer built-in, multilevel security

• Developed a transformation strategy to migrate large numbers of applications to Linux in an aggressive timeframe

• Built a cybersecurity automation solution that allows a major entertainment and media company to provide a more secure environment for online content and live TV events

• Developed a mobile flight booking and management app that strengthens the market position of an airline industry leader

• Leveraged Robotic Process Automation to reduce average claims processing time from 5 days to 1 day for the world’s largest specialty insurance market

• Improved patient care in Denmark by integrating partner solutions to implement digital recordkeeping for ambulance personnel

• Orchestrated broker-centric next-gen platform for multinational insurer, allowing the firm to consume infrastructure resources from multiple suppliers

• Optimized data centers and platforms, resulting in more than $50 million in client savings with AT&T and EMC

• Established a proactive cyber security risk assessment solution through joint efforts with SAP and Lenovo • Integrated Amazon Web Services, Oracle and CSC IP to assist clients in insurance, healthcare and life sciences industries• Awards and accolades:

– EMC: Americas Alliances Partner of the Year (2015) for the second year in a row; Global Strategic Outsourcer Partner of the Year (2015)– Hitachi Data Systems: Global Partner of the Year (2015)– Oracle: UK 2016 Specialized Partner of the Year — Engineered Systems Award

STRONG GLOBAL PARTNER ECOSYSTEM


New Vision, Renewed FocusProviding Digital, Next-Gen IT Solutions for Our Clients

Delivery Optimization

Peopleand Skills

Industry IP

Industry-Leading

Partnerships

New Offerings

CLIENTS

customized, nonstandard offerings to 15 families that comprise 200 modern, standardized offerings

employees with next-gen skills by FY19

Hyperscaled Operations• Standard processes and leveraged teams• Automation and standardized tools• Standardization with software-defined

infrastructure and business processes

Industry IP and Domain Expertise

BusinessProcessServices

• Life and Annuity • Property and Casualty • Healthcare and Life Sciences • Default Management

Insurance• Life and Annuity• Property and Casualty• Reinsurance• Commercial and London Market

Healthcare and Life Sciences• Electronic Patient Records• Clinical Administration• Life Sciences Regulatory Compliance

Banking• Core Banking• Payments• Cards Processing

• Wealth Management • Finance and Accounting • Banking Processing

From 2,000+ >50%


Vietnam Center ViewBuilt for Sustainable Performance & Growth

plenary - csc high performance - by duy le

Government & Nonprofit