Agenda
Introduction and Safe Harbor – Rob Williams

DTW Strategy and Day 1 Recap – Chuck Whitten
DTW Innovation and Day 2 Recap – Jeff Clarke
Customer Perspective – Michael Dell
Moderated Q&A – Michael Dell, Jeff Clark, Chuck Whitten,
Jeff Boudreau, Sam Burd

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Disclosures

All statements made during this call that relate to future results and events areforward-looking statements and are based on Dell Technologies' current expectations.
Actual results and events in future periods may differ materially from those expressedor implied by these forward-looking statements because of a number of risks,uncertainties and other factors, including those discussed in Dell Technologies’
periodic reports filed with the Securities and Exchange Commission. Dell Technologies
assumes no obligation to update its forward-looking statements.

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KeyMessages

Dell is innovating and introducing an increasingly broad spectrum of solutions(e.g. multi-cloud and APEX/XaaS) that can be consumed in a modern way.
In conjunction, we’re embracing the agile and cloud-native application development
trends inherit in the multi-cloud IT solutions stack.
We are broadening our ecosystem to help make multi-cloud a reality for ourcustomers. Our goal is to bring a holistic multi-cloud experience to our customers IT
operating environments.
The rate of software innovation at Dell is accelerating … along with the pipeline ofsoftware solutions. Three storage updates demonstrate our commitment: PowerMax,PowerStore, PowerFlex.

IT infrastructure is shifting to a “developer-driven” IT operating environment(e.g. micro services, agile and cloud native application development) and we areembracing that shift while helping our customers move along in the journey.
Our goal is simple, a world class developer experience for our customers.

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Dell Technologies strategy
Leading market positions and a differentiated strategy, supported by durable competitive advantages
Consolidate and modernize theCore business

Build new growth businesses
where we have a unique right to win

PC

Edge

Telecom

Data Mgmt.

Other NewBusinesses

Compute &NetworkingStorage

Win ingrowthareas

Win inCore

Multi-CloudServiceDelivery(e.g., Security& AI/ML)

APEX

STRATEGY SUPPORTED BY DURABLE COMPETITIVE ADVANTAGES#1 positions in
CSG and ISG

E2E productand Multi-Cloudofferings

Leading global
services footprint

Largest GTMand Channelecosystem
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Industry-leading
scale and supply
chain

Leadingfinancial services
capabilities

First & best
VMware allianceAPEX
Dell Technologies innovation delivered as-a-Service. Provision quickly, scale on demand, and pay as you go
across your entire multi-cloud environment.
ComputeStorage and Data Protection

CustomAPEX Cloud Services with VMware CloudA scalable, flexible multi-cloud infrastructure withcompute, storage and networking delivered as-aservice, so you can get the cloud experience
wherever you need it

APEX Data Storage Services are Dell managed
at a customer site or co-located through ourEquinix partnership

APEX Flex on Demand
Customers choose on-prem infrastructure & min.
usage, leveraging the full suite of Dell’s portfolio

APEX Backup Services with scalable, securedata protection for SaaS applications (like MS365, SFDC). Protects customer data from multiple
workloads, all done in an automated fashion

APEX Data Center Utility
Enterprise clients, Move part of or all your data
center operations to a Dell Managed pay-per use
model, leveraging the full suite of Dell’s portfolio

APEX Hybrid Cloud & APEX Private Cloudis a customer managed & on prem or co-locatedsolution, based on VxRail with VMW Cloud
Foundation (hybrid) and VxRail with vSphere &vSan (private)

APEX Cyber Recovery Services
NEW
Dell managed day-to-day data protection andrecovery operations assistance from an isolated,
immutable & intelligent data vault
PROFESSIONAL SERVICES FOR APEXAPEX USE CASESAIAnalytics

Containers

VDIHPCEdge

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Data Protection

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Databases

MicrosoftOracleSAP

Multi-Cloud Strategy
We are broadening our ecosystem to help make multi-cloud a reality for our customers.
We already have a significant presence with many of the leading cloud-based companies in the world, providing infrastructure to nearly 80% 1 of them.

Our CSP customers, which include SaaS, telecom, cloud hosting companies and consumer webtech represent roughly 20% 1 of our ISG portfolio.
Our goal is to bring a holistic multi-cloud experience to our customers, and our news this week continues to show how we are making meaningful progress.

Project Alpine

Snowflake Partnership

Provides data mobility and consistent
operations across on-premises and public
cloud environments

Will help customers have greater flexibility
operating in multi-cloud environments, meetdata sovereignty requirements, and easily
turn data into insights

Multi-Cloud Offerings

AWS EKS-Anywhere container platformrunning on top of VxRail
Microsoft Azure Stack HCI solution
PowerScale for Google Cloud

PowerProtect Cyber Recovery for AWS andnow for Azure
An air-gapped cyber vault that can securely
protect and isolate customer data away from aransomware attack
CyberSense for PowerProtect Cyber Recovery
for AWS
This solution adds adaptive analytics, machinelearning, and forensic tools to detect, diagnose,
and accelerate data recovery within thePowerProtect Cyber Recovery vault for AWS

Project Alpine is Dell’s effort to bring its industryleading storage software to public clouds toprovide multi-cloud data mobility, simplify data
management and let customers use Dell’sstorage software capabilities wherever their dataresides
Organizations will be able to quickly deploy oreasily consume Dell storage software andservices that will offer performance in the public
cloud efficiency and protection based on industryleading enterprise storage21 Based on data as of Q1 FY22
2 IDC WW Quarterly Enterprise Storage Systems Tracker, 2021Q4, March 11, 2022 – Vendor Revenue

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Dell and Snowflake customers will be able to use
on-premises data stored on Dell object storage
with the Snowflake Data Cloud while keeping
their data local or seamlessly copying it to publicclouds

This provides greater choice for customers
operating on-prem and with multi-cloudenvironments
This marks the industry’s first collaboration
between on-premises storage systems and thepublic cloud-based Snowflake Data CloudSoftware driven storage innovation
Delivering more than 500 new high-value software features that enable a continuously modern experience
PowerMax

PowerStorePowerFlex

The world’s most secure mission-criticalstorage platform1

Our fastest ramping new architecture

Software-defined infrastructure for extreme
consolidation workloads• Cybersecurity resiliency advancements …
– Cyber vaults for traditional and mainframe
deployments– CloudIQ ransomware capabilities– Up to 65 million secure snapshots to improvecyber recovery• 4:1 Data Reduction Guarantee2• PowerMax OS 10 new features include:– Automated storage operations such as Multi-arraysmart provisioning, workload optimization, andhealth monitoring and remediation– Quickly move data to public clouds with fastercloud snapshot shipping and recovery– Anytime Upgrade customers are eligible for nondisruptive upgrades• Double the performance3 with up to 50%
better response times4 on two new NVMebased PowerMax models• Will deliver up to a 50%5 mixed workload
performance boost and up to 66%6 greatercapacity• PowerStore OS 3.0 new features include:– New native metro sync replication … creates ahigh availability shared storage environment acrosssites– Better support and secure file workloads with filelevel retention, native file replication– Support for third-party file monitoring andransomware protection– Deeper VMware integrations including improved
vVols latency and performance plus simplified
disaster recovery, VM-level snapshots and fastclones• Maximize performance of new hardware withend-to-end NVMe support and increased
networking speeds• PowerFlex OS 4.0 new features include:– Now enables file capabilities for traditional NAS
use cases, in addition to existing block storage– Simplifies multi-cloud and DevOps with thebroadest file and block7 support for all major
Kubernetes and container orchestration
platforms from Amazon, Google, Microsoft, Red
Hat, SUSE and VMware– Simplify PowerFlex deployment through NVMeover-TCP connectivity– Streamline operations with new unified compute,storage and system lifecycle management
capabilities within PowerFlex Manager software
1 Based on Dell internal analysis for cybersecurity capabilities of Dell PowerMax versus cybersecurity capabilities ofcompetitive mainstream arrays supporting open systems and mainframe storage, March 2022
2 Based on Dell ‘s Future-Proof program that offers 4:1 data reduction guarantee based on PowerMax data reduction

tools (dedupe and data compression) for open systems storage, March 2022. Actual data reduction rates will vary.
3 Based on Dell internal testing using the Sequential Read Hits (128K) GB per second, and IOPS per FC portbenchmarks (within a single array) comparing PowerMax 8500 to PowerMax 8000, March 2022. Actual performancewill vary.
4 Based on Dell internal testing using the OLTP benchmark comparing the PowerMax 2500 against the PowerMax

2000, March 2022. Actual response times will vary
5 Based on internal tests comparing PowerStore 1200T peak IOPS with PowerStore OS 3.0 vs. PowerStore 1000T with

PowerStoreOS 2.1, running 70/30 read/write mix, 8k block size. March, 2022. Actual results may vary.
6 Maximum effective capacity for largest PowerStore cluster with PowerStoreOS 3.0 vs. PowerStoreOS
7 Based on Dell analysis of integrated systems for Kubernetes distributions, March 2022

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Financial Analyst Q&AMichael Dell, Chairman & Chief Executive Officer
Jeff Clarke, Vice Chairman & Co-Chief Operating Officer
Chuck Whitten, Co-Chief Operating Officer
Jeff Boudreau, President of Infrastructure Solutions GroupSam Burd, President of Client Solutions GroupRob Williams, Senior Vice President of Investor Relations