Dell Technologies Inc. · NYSE:DELL

Dell Technologies — Corporate Update (September 2021)

15 slides from Dell Technologies's corporate update, Sep 20, 2021

1. Slide 1: Management estimated pro forma financial statements

   Management estimated pro forma financial statements Exhibit 99.1

2. Slide 2: Pro forma non-GAAP financial measures

   PRO FORMA NON-GAAP FINANCIAL MEASURES This presentation includes information about pro forma non-GAAP revenue, pro forma non-GAAP gross margin, pro forma non-GAAP operating expenses, pro forma non-GAAP selling, general, and administrative expenses, pro forma non-GAAP research and development expense

3. Slide 3: Management estimated pro forma financial measures

   Management estimated pro forma financial measures1,2 1 Represents current estimated management pro forma financial measures. Pro forma financial statements are computed assuming the VMware spin-off transaction occurred at the beginning of each fiscal year and include adjustments for discontinued ope

4. Slide 4: Management estimated pro forma financial measures

   Management estimated pro forma financial measures1,2 2 1 Represents current estimated management pro forma financial measures. Pro forma financial statements are computed assuming the VMware spin-off transaction occurred at the beginning of each fiscal year and include adjustments for discontinued o

5. Slide 5: Non-GAAP management estimated pro forma financial measures

   Non-GAAP management estimated pro forma financial measures1,2 2 1 Represents current estimated management pro forma financial measures. Pro forma financial statements are computed assuming the VMware spin-off transaction occurred at the beginning of each fiscal year and include adjustments for disco

6. Slide 6: Non-GAAP management estimated pro forma financial measures

   2 1 Represents current estimated management pro forma financial measures. Pro forma financial statements are computed assuming the VMware spin-off transaction occurred at the beginning of each fiscal year and include adjustments for discontinued operations related to VMware and material nonrecurring

7. Slide 7: Appendix A: Supplemental management estimated pro forma non-GAAP measures

   Appendix A Supplemental management estimated pro forma non-GAAP measures

8. Slide 8: Pro forma revenue and gross margin

   Supplemental pro forma non-GAAP measures 1 Management estimated pro forma revenue and gross margin 1 Represents current estimated management pro forma financial measures. Pro forma financial statements are computed assuming the VMware spin-off transaction occurred at the beginning of each fiscal yea

9. Slide 9: Pro forma SG&A, R&D and operating expense

   Supplemental pro forma non-GAAP measures 1 Management estimated pro forma SG&A, R&D and operating expense 1 Represents current estimated management pro forma financial measures. Pro forma financial statements are computed assuming the VMware spin-off transaction occurred at the beginning of each fis

10. Slide 10: Pro forma operating income

    Supplemental pro forma non-GAAP measures 1 Management estimated pro forma operating income 1 Represents current estimated management pro forma financial measures. Pro forma financial statements are computed assuming the VMware spin-off transaction occurred at the beginning of each fiscal year and in

11. Slide 11: Pro forma interest and other, net

    Supplemental pro forma non-GAAP measures 1 Management estimated pro forma interest and other, net 1 Represents current estimated management pro forma financial measures. Pro forma financial statements are computed assuming the VMware spin-off transaction occurred at the beginning of each fiscal year

12. Slide 12: Pro forma net income

    Supplemental pro forma non-GAAP measures 1 Management estimated pro forma net income 1 Represents current estimated management pro forma financial measures. Pro forma financial statements are computed assuming the VMware spin-off transaction occurred at the beginning of each fiscal year and include

13. Slide 13: Pro forma net income attributable to Dell Technologies Inc.

    Supplemental pro forma non-GAAP measures 1 Management estimated pro forma net income attributable to Dell Technologies Inc. 1 Represents current estimated management pro forma financial measures. Pro forma financial statements are computed assuming the VMware spin-off transaction occurred at the beg

14. Slide 14: Pro forma earnings per share - basic and diluted

    Supplemental pro forma non-GAAP measures 1 Management estimated pro forma earnings per share - basic and diluted 1 Represents current estimated management pro forma financial measures. Pro forma financial statements are computed assuming the VMware spin-off transaction occurred at the beginning of e

15. Slide 15: Dell Technologies

    D@LL Technologies

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