Silver Lake converts 3.9M Class B shares to Class C common stock

Dell Technologies Inc.

3,915,292 Class B shares converted to Class C stock on four dates in September 2025.
After conversion, Class C outstanding: 338,646,945; Class B outstanding: 54,790,897.
Conversion done via Section 3(a)(9) exemption; no commission paid.
Class C shares have same dividend and liquidation rights as Class B.

item 3.02

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