Form 424B2 DXC Technology Co

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DESCRIPTION OF THE NOTES

The following, along with the additional information contained under “Description of Debt Securities” in the accompanying
prospectus, is a summary of the material provisions of the Indenture and the Notes. This description supplements the information under “Description of Debt Securities” in the accompanying prospectus and, to the extent it is inconsistent,
replaces the description in the accompanying prospectus. If we use a term that is not defined in this prospectus supplement, you should refer to the definition that is provided in the accompanying prospectus. The descriptions in this prospectus
supplement and the accompanying prospectus contain descriptions of certain terms of the Notes and the Indenture but do not purport to be complete and are subject to, and are qualified in their entirety by reference to, all of the provisions of the
Indenture that has been filed as an exhibit to the registration statement of which this prospectus supplement and the accompanying prospectus are a part, including the definitions of specified terms used in the Indenture, and to the Trust Indenture
Act of 1939, as amended. We urge you to read the Indenture (including the forms of Notes) because it, and not this description, defines your rights as a holder of the Notes. For purposes of this description, references to the “Company,”
“DXC,” “we,” “our” and “us” refer only to DXC Technology Company and not to its subsidiaries.

General

Each series of the Notes will constitute a single series of debt securities issued under an indenture, dated as of March 27, 2017
(the “Base Indenture”), between us and U.S. Bank National Association, as trustee (the “Trustee”), as supplemented by a ninth supplemental indenture thereto, to be dated as of September 9, 2021 (together with the Base Indenture,
the “Indenture”), between us and the Trustee.

The Notes will be our direct, unconditional, unsecured and unsubordinated general
obligations. The Notes will rank equally in right of payment with all of our other senior unsecured general obligations from time to time outstanding and senior in right of payment to any subordinated debt we may incur.

As of June 30, 2021, we and our subsidiaries had outstanding indebtedness of approximately $4.9 billion (including capital lease
obligations). The Notes will be effectively subordinated to the obligations, including indebtedness, of our subsidiaries. As of June 30, 2021, after giving effect to the EUR Notes Offering and the use of proceeds therefrom as well as this
offering of the Notes and the use of proceeds therefrom, our subsidiaries would have had outstanding indebtedness of approximately $5.3 billion (including capital lease obligations).

Principal, Maturity and Interest

The
2026 Notes offered hereby will be initially limited to an aggregate principal amount of $700,000,000 and the 2028 Notes offered hereby will be initially limited to an aggregate principal amount of $650,000,000. The 2026 Notes will mature on
September 15, 2026 and the 2028 Notes will mature on September 15, 2028 (in each case, unless earlier redeemed).

Interest on the 2026
Notes will accrue at the rate of 1.800% per annum and interest on the 2028 Notes will accrue at the rate of 2.375% per annum. Interest will be payable semi-annually in arrears on March 15 and September 15 of each year, commencing on
March 15, 2022, and at maturity (each, an “interest payment date”), to the holders of record of the applicable series of Notes on the date that is 15 calendar days prior to the applicable interest payment date. Interest on the Notes will
accrue from and including the date the Notes are issued or from and including the most recent interest payment date to, but excluding, the relevant interest payment date.

Interest will be computed on the basis of a 360-day year comprised of twelve 30-day months. If any interest payment date, stated maturity date or earlier redemption date for the Notes falls on a day that is not a Business Day, we will make the required payment of principal, premium, if any,
and interest, if any, on the next succeeding Business Day, and no interest will accrue on the amount so payable for the intervening period.

 

S-10

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Form 424B2 DXC Technology Co