Dell reports conversion of 5.6M Class B shares to Class C by Silver Lake entities

Dell Technologies Inc.

Between June 18 and July 9, 2024, Silver Lake funds converted 5,645,560 shares of Class B common stock into Class C common stock on a one-for-one basis.
Post-conversion, Class C shares outstanding total 312,686,669; Class B shares outstanding total 66,359,626.
Conversions were exempt from registration under Section 3(a)(9) of the Securities Act; no commission was paid.
Class B holders have the right to convert at any time; additional future conversions are expected under the same exemption.

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