On a corporate action affecting Class A ordinary shares of Vmware, Inc. (VMW)

On May 26, 2022, Vmware, Inc. signed a merger agreement with Broadcom Inc. under which Broadcom Inc. will acquire Vmware, Inc. and Vmware, Inc. shareholders will receive, at the election of the holder, either $142.50 or 0.2520 shares of common stock of Broadcom Inc. for each Vmware, Inc. share they own. For more details, please, refer to the company’s website.

ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. to process this corporate action outlining how trading in these qualified investments will be carried out.