Dell Technologies Announces Conversion of Class B to Class C Common Stock

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converted 3,438,364 shares of its Class B Common Stock to Class C Common Stock, increasing the total number of Class C Common Stock shares outstanding to 325,046,693. The conversion was made without registration under the Securities Act of 1933, Section 3(a)(9). As a result, the number of Class B Common Stock shares outstanding decreased to 44,351,394.

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About Dell Technologies Inc.

Dell Technologies Inc. is a multinational technology company that designs, develops, manufactures, and supports a wide range of computer-related products and services. Its primary function is to provide infrastructure solutions, personal computing devices, and IT software tailored for both consumer and enterprise markets. Dell is renowned for its innovation in developing high-performance laptops, desktops, and a comprehensive range of computer peripherals. Moreover, it plays a vital role in industries such as healthcare, finance, education, and government by offering cloud solutions and enterprise software that enhance operational efficiency. Dell Technologies' influence in the technology sector is significant, owing to its commitment to sustainability and transforming how businesses operate through digital innovation. Founded by Michael Dell in 1984 and headquartered in Round Rock, Texas, Dell Technologies has evolved into a key player in the global PC market while expanding its reach in digital transformation services."}