Kyndryl launches European Principal Markets and appoints David Soto as President to strengthen its leadership in Europe

MADRID, June 15, 2026 - Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services and technology consulting, today announced a new European Principal Markets organization and appointed David Soto as President.

The new organization groups France, Germany, Italy, Portugal and Spain together, and reflects the company's commitment to growth across Europe. Within this new structure, David Soto expands his scope of responsibility to strengthen coordination across Kyndryl's principal European footprint.

"Europe is home to incredible talent, strong customer relationships and an ecosystem built for innovation and growth in sectors of strategic importance for the economy and society. Kyndryl works with some of the biggest companies across Europe delivering mission-critical services," said David Soto, President of Kyndryl's European Principal Markets. "Building on that foundation, this new organization underscores the region's importance to Kyndryl and our commitment to helping European customers advance their digital sovereignty objectives through a pragmatic approach - focused on choice, control, auditability and resilience - while balancing these priorities with innovation, security and competitiveness."

David Soto has over 30 years of experience leading companies and advising customers on how to innovate and modernize their IT systems. He has held global senior leadership positions at companies such as Accenture and IBM and has served on various boards of companies in the United States and Europe. Since 2023, he has served as President of Kyndryl Spain and Portugal, where he has significantly driven growth in both markets, positioning them among the company's fastest-growing and most profitable markets globally.

As part of this organization, Enrique Cortés has been appointed as the new President of Kyndryl Spain. He brings more than 25 years of professional experience in the technology sector; he previously led the Practices and Consulting division at Kyndryl Spain and Portugal and has a strong track record in infrastructure services, the public sector, and customer management. José Gonçalves remains the leader of Kyndryl Portugal. The countries within the European Principal Markets organization will continue to be reported in the Principal Markets reportable segment.