SCHEDULE: Federated Hermes Discloses 5.24% Stake in TTEC Holdings

Federated Hermes, Inc. and related entities have disclosed a passive beneficial ownership of 5.24% of TTEC Holdings, Inc. common stock as of December 31, 2025.

Summary

• Federated Hermes, Inc., along with the Voting Shares Irrevocable Trust and its trustees (Thomas R. Donahue, Ann C. Donahue, and J. Christopher Donahue), reported beneficial ownership of 2,541,863 shares of TTEC Holdings, Inc. common stock.
• This aggregate amount represents 5.24% of the class of TTEC Holdings, Inc. common stock.
• Federated Hermes, Inc. and the Voting Shares Irrevocable Trust each hold sole voting and dispositive power over 2,541,863 shares.
• Thomas R. Donahue, Ann C. Donahue, and J. Christopher Donahue each hold shared voting and dispositive power over 2,541,863 shares.
• The reporting persons explicitly disclaim beneficial ownership of the securities held by any Managed Funds, stating the report should not be construed as an admission of beneficial ownership.
• The filing was made pursuant to Rule 13d-1(b) of the Securities Exchange Act of 1934, indicating a passive investment intent.

Sentiment

Score: 5

Explanation: The filing is a routine beneficial ownership disclosure (Schedule 13G) and is neutral in sentiment, providing factual information without expressing positive or negative views on the issuer's performance or prospects.

Positives

• A significant institutional investor, Federated Hermes, Inc., has disclosed a substantial stake in TTEC Holdings, Inc., which can be viewed as a vote of confidence in the company's long-term prospects.

Negatives

• No negative information regarding TTEC Holdings, Inc. is contained within this beneficial ownership disclosure.

Risks

• The reporting persons (Federated Hermes, Inc., the Voting Shares Irrevocable Trust, and the Donahues) explicitly disclaim beneficial ownership of the securities held by Managed Funds, which is a standard legal disclaimer to limit their direct liability or control implications under Rule 13d-4.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain any forward-looking statements or guidance regarding TTEC Holdings, Inc.'s future performance or strategic direction.

Management Comments

• Federated Hermes, Inc.; the Voting Shares Irrevocable Trust; Thomas R. Donahue; Ann C. Donahue; and J. Christopher Donahue declare that this report should not be construed as an admission that any of them is the beneficial owner of the securities held by any of the Managed Funds, and each expressly disclaims beneficial ownership of such securities.

Industry Context

This filing represents a routine disclosure by a large asset management firm, Federated Hermes, Inc., indicating its passive investment in TTEC Holdings, Inc. It reflects standard institutional portfolio management practices rather than a specific strategic move related to industry trends or competitive positioning.

Comparison to Industry Standards

• The disclosure of a 5.24% stake is a standard threshold for Schedule 13G filings, indicating compliance with SEC regulations for passive institutional investors.
• Federated Hermes, Inc. is a well-established asset manager, and its investment in TTEC Holdings, Inc. aligns with its typical strategy of holding stakes in various publicly traded companies across different sectors.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake by Federated Hermes, Inc. may be viewed positively, potentially signaling confidence in TTEC Holdings, Inc. from a major asset manager.

Key Dates

Keywords

TTEC Holdings, Federated Hermes, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, Investment Management