Separation FAQ’s, including Stock Cost Basis Allocation (Form 8937)

1. I was an HPQ shareholder prior to the separation. What happened to my HPQ shares?

The separation occurred by means of a pro rata distribution to HP Co. shareholders of 100% of the outstanding shares of Hewlett Packard Enterprise. Each HP Co. stockholder received one share of Hewlett Packard Enterprise common stock for every one share of HP Co. common stock held on October 21, 2015, the record date for the distribution. Consequently, the separation provided HP Co. stockholders with ownership interest in both HP Inc. (stock ticker HPQ) and Hewlett Packard Enterprise (HPE). These shares can now be traded independently.

For example, if you held 100 shares of HPQ (HP Co.) before the separation, you would now hold 100 shares of HPQ and 100 shares of HPE.

2. What do HP Co. shareholders need to do to receive the shares of Hewlett Packard Enterprise in the distribution?

You do not need to take any action to receive shares of Hewlett Packard Enterprise common stock to which you are entitled as an HP Co. stockholder. You do not need to pay any consideration or surrender or exchange your HP Co. common shares to participate in the spin-off. Hewlett Packard Enterprise has chosen to be a certificate-less company. Your shares of HPE that were issued as a result of the split will be held by Wells Fargo (our transfer agent) in the same name as your HPQ shares are held. You can contact Wells Fargo for more information at (800) 286-5977.

3. What are the income tax consequences of the distribution to stockholders in the US and Canada?

It is intended that, for U.S. federal income tax purposes, the distribution generally will be tax-free to HP Co. stockholders.

Based on the information we have received the Canadian regulatory authorities, under Section 86.1(2)(e) of the Canadian Tax Act, the Hewlett Packard Enterprise Company dividend distribution generally should be tax-free to Hewlett-Packard Company’s stockholders that received the dividend. We encourage you to consult with your tax advisor.

4. How will I determine my tax basis for HPQ shares and for HPE shares I receive in the distribution?

For U.S. federal income tax purposes, your aggregate basis of the common shares that you hold in HP Inc. and the new Hewlett Packard Enterprise common stock received in the distribution (including any fractional share interest in Hewlett Packard Enterprise common stock for which cash is received) will equal the aggregate basis in the HP Co. common shares held by you immediately before the distribution, allocated between your HP Inc. common shares and the Hewlett Packard Enterprise common stock (including any fractional share interest in Hewlett Packard Enterprise common stock for which cash is received) you receive in the distribution in proportion to the relative fair market value of each on the distribution date.

You should consult your tax advisor about the particular consequences of the distribution to you, including the application of the tax basis allocation rules and the application of state, local and foreign tax laws.

5. Where can I receive more information about the Hewlett Packard Enterprise shares I received and view an investment prospectus?

For the final effective Form 10 filing, please see: Hewlett Packard Enterprise – Information Statement (Final Form 10) – Amended 10/08/15 and a supplementary investor deck Presentation – Amended on 09/15/15