1、2022 Annual Report2023 Proxy Statement12023 Proxy Statement22022 Annual Report2023 proxy statementMessage from the Chief Executive OfficerDear Stockholders:When I took over as CEO three years ago,I outlined a strategic plan to accelerate value creation and position our business for long-term sustain
2、able growth.Soon after,we transformed our global operating model to better serve our customers.We invested in innovation to further strengthen our core business while beginning to expand our portfolio into attractive adjacencies.We made significant investments in our IT infrastructure to become a mo
3、re digital company.And we announced a three-year value creation plan,including a commitment to return$16 billion of capital to our stockholders.Our team executed well against these prioritiesand HP is a much stronger company today as a result.We exceeded each of the key targets set in our value crea
4、tion plan,while significantly reducing our structural costs and strengthening our position in key growth areas.Of course,we also navigated a volatile and complex macro environment.And as we have faced challenges,we have embraced them as opportunities to improve our performance.This is exactly what w
5、e did in 2022,and its what you can expect from us moving forward.Because as far as we have come as a company,we see significant opportunities ahead to build on our progress and create value for our customers,shareholders and other stakeholders.Fiscal Year 2022 HighlightsWe delivered solid results in
6、 2022 with revenue of$63 billion even in the face of tough market conditions that worsened in the second half of the year.Importantly,our key growth businesses each delivered double-digit organic growth.And we continued to build a more growth-oriented portfolio through M&A with the completion of our