
	December 31, 2021							December 31, 2020
	Class A		Class B		Undesignated			Undesignated
Number of shares issued and fully paid-up:
At beginning of the year		—		—		123,500,000			123,500,000
Re-designation		—		123,500,000		(123,500,000	)		—
Issuance of shares		22,262,800		—		—			—

At end of the year		22,262,800		123,500,000		—			123,500,000

Number of shares authorized		50,000,000		200,000,000		250,000,000			500,000,000

December 31, 2021

December 31,
2020

Class A

Class B

Undesignated

S$’000

Amount of outstanding shares issued and fully-paid

—

Amount is less than S$1,000

On May

2021

, the Company completed the following transactions which resulted in the increase in number of issued ordinary shares from

one

ordinary share to

123,500,000

ordinary shares:

(i)

A share split pursuant to which the one ordinary share was sub-divided into 10,000 ordinary shares; and

(ii)

An issuance of additional 123,490,000

ordinary shares for a nominal consideration of S$19,466 (US

$12,349

)

Such issuance was accounted for as a share split.

All references in the accompanying financial statements and related notes to the number of ordinary shares and per share data have been revised on a retroactive basis for all periods presented to reflect the effect of the above

transactions.

On September

2021

, TDCX Inc. filed a registration statement on Form F

-1

with the U.S. Securities and Exchange Commission (“SEC”) for the initial public offering in the United States of its ADSs representing Class A ordinary shares. The registration statement for listing its ADSs in the New York Stock Exchange was declared effective on September

2021

19,358,957

ADSs were sold in this offering, with each ADS representing

one

Class A ordinary share. The public offering price was US$

per ADS. On October

2021

, the Company issued

19,358,957

Class A ordinary shares for this capital increase. On October

2021

, the Company closed its underwritten follow-on offering of

2,903,843

ADSs, with each ADS representing

one

Class A ordinary share. The public offering price was US$

per ADS. The Company issued

2,903,843

Class A ordinary shares for this capital increase. The Class A ordinary shares are fully paid, carries one vote per share and a right to dividends.

Immediately prior to the completion of the offering, the Company has two classes of shares, the Class A ordinary shares and Class B ordinary shares. The authorized share capital upon immediately prior to the completion of the offering was US$50,000 divided into 500,000,000 shares comprising:

(i)

50,000,000 Class A ordinary shares of a par value of US$0.0001 each;

(ii)

200,000,000 Class B ordinary shares of a par value of US$0.0001 each; and

(iii)

250,000,000 undesignated shares of a par value of US$0.0001 each.

Each Class B ordinary share is convertible into one Class A ordinary share at any time at the option of the holder thereof. Class A ordinary shares are not convertible into Class B ordinary shares under any

circumstances. Upon any sale, transfer, assignment or disposition of any Class B ordinary share by a shareholder to any person who is not an affiliate of such shareholder, or upon a change of ultimate beneficial ownership of any Class B ordinary share to any person who is not an affiliate of the registered shareholder of such Class B ordinary share, such Class B ordinary share will automatically and immediately convert into one Class A ordinary share. In addition, each Class B ordinary share will automatically and immediately convert into one Class A ordinary share, upon the earlier of the following: the date that is 15 years from September 30, 2021; or nine months after the death or permanent disability of Mr. Laurent Junique.

All 123,500,000

ordinary shares were automatically converted by way of re-designation and reclassification of existing shares into Class B ordinary

shares on a

one-for-one

basis immediately prior to the completion of the offering. The Class B ordinary shares are fully paid, carries ten votes per share and a right to dividends.