Member Update on the Corporate re-organisation of the Hewlett-Packard Company

2017-09-25

At the start of November 2015, Hewlett-Packard Company (in the US) was split into two publicly traded companies. Hewlett-Packard Company was renamed HP Inc and a new company called Hewlett Packard Enterprise Company (HPE) was listed on the New York Stock Exchange. HP Inc comprises the printer and personal systems businesses of the old Hewlett-Packard Company, whilst HPE comprises the enterprise technology infrastructure, software and financial services businesses. With regard to the EDS Retirement Plan and EDS 1994 Scheme (the "Plans"), the sponsoring UK companies are now part of the HPE group of companies. The Trustees and Company are engaged in discussions to make sure that the split does not materially prejudice the security of members' benefits. More information on this will be posted on the members' website when it becomes available.