AVGOP

• Broadcom Inc. and Apple Inc. agreed to expand their technology collaboration through 2031.
• The custom ASIC products will be used in multiple generations of Apple products.
• The agreements were disclosed in an 8-K filed on July 6, 2026 under Item 8.01 Other Events.
• The filing includes a cautionary note about forward-looking statements and risk factors.

8.01 Other Events

• The aggregate purchase price cap was increased from $2.5 billion to $3.0 billion, excluding accrued coupon payments.
• Approximately $5.5 billion in notes were validly tendered; about $2.9 billion were accepted for purchase.
• All 4.926% Senior Notes due 2037 and 4.900% Senior Notes due 2038 tendered were accepted; other series were not accepted.
• Initial settlement is expected June 18, 2026; guaranteed delivery settlement is expected June 23, 2026.

8.01 Other Events · 9.01 Financial Statements and Exhibits

• On June 11, 2026, Broadcom Inc. commenced cash tender offers to purchase up to $2.5 billion aggregate principal amount of six outstanding senior note series.
• The offers expire at 5:00 p.m. New York City time on June 17, 2026, with guaranteed delivery deadline on June 22, 2026.
• Total consideration per $1,000 principal will be based on fixed spreads over U.S. Treasury reference yields as of June 17, 2026, plus accrued coupon payments.
• Barclays Capital Inc. and Citigroup Global Markets Inc. are dealer managers, and D.F. King & Co., Inc. is tender and information agent.

8.01 Other Events · 9.01 Financial Statements and Exhibits

• GAAP net income was $9,310 million; non-GAAP net income was $12,074 million.
• Adjusted EBITDA was $15,244 million, or 69% of revenue.
• GAAP diluted EPS was $1.91; non-GAAP diluted EPS was $2.44.
• Q3 FY2026 revenue guidance is approximately $29.4 billion, up 84% year-over-year.

2.02 Results of Operations and Financial Condition · 8.01 Other Events · 9.01 Financial Statements and Exhibits

• Broadcom Inc. held its 2026 Annual Meeting of Stockholders on April 20, 2026.
• The appointment of PricewaterhouseCoopers LLP as independent auditor for fiscal year ending November 1, 2026 was ratified with 4.01 billion votes for.
• The advisory vote on named executive officer compensation was approved with 2.43 billion votes for and 1.23 billion against.
• The report was filed under Item 5.07 as a submission of matters to a vote of security holders.

5.07 Submission of Matters to a Vote of Security Holders

• The companies also signed a Supply Assurance Agreement for Broadcom to supply networking and other components for Google's next-generation AI racks through up to 2031.
• Broadcom, Google, and Anthropic expanded their strategic collaboration, with Anthropic accessing approximately 3.5 gigawatts of TPU-based AI compute capacity through Broadcom beginning in 2027.
• Anthropic's consumption of the expanded AI compute capacity depends on its continued commercial success, and the parties are in discussions with operational and financial partners.
• The report was filed under Item 8.01 Other Events to disclose these material agreements and collaboration expansion.

8.01 Other Events

• Amie Thuener, age 51, was appointed CFO effective June 12, 2026; her employment begins May 4, 2026.
• Thuener previously served as VP, Corporate Controller and Chief Accounting Officer at Alphabet Inc. since 2018.
• Thuener will receive a $700,000 base salary, 100% target bonus, and a $1,000,000 sign-on cash bonus.
• Thuener is expected to receive 50,000 RSUs and 50,000 PSUs (at target) under the 2012 Stock Incentive Plan, granted on June 15, 2026.

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements

• GAAP net income was $7,349 million; non-GAAP net income was $10,185 million.
• Adjusted EBITDA was $13,128 million, or 68% of revenue.
• Q2 FY2026 revenue guidance is approximately $22.0 billion, up 47% year-over-year.
• Board declared quarterly dividend of $0.65 per share and authorized a new $10 billion share repurchase program.

2.02 Results of Operations and Financial Condition · 8.01 Other Events · 9.01 Financial Statements and Exhibits