Dell reports conversion of 3.99M Class B shares to Class C by Silver Lake entities

Dell Technologies Inc.

Silver Lake entities converted 3,991,503 Class B shares to Class C common stock between Dec 5, 2024 and Jan 8, 2025 on a 1-for-1 basis.
Post-conversion, Dell had 358,574,323 Class C shares and 62,368,123 Class B shares outstanding as of Jan 8, 2025.
Conversions were exempt from registration under Section 3(a)(9) of the Securities Act; no commissions were paid.
Conversion rights are standard under Dell's charter; no change in economic rights between share classes.

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