Xerox Distributes Pro Rata Warrants At $8.00/Share

Holders of record of Xerox common stock as of February 9, 2026 (the "Record Date") are eligible to receive Warrants. Holders of Xerox's Series A Convertible Perpetual Voting Preferred Stock and 3.75% Convertible Senior Notes due 2030 as of the Record Date were also eligible to receive Warrants on a pass-through basis in accordance with the terms governing such securities. Investors should contact their brokers with any questions regarding their holder status.

One (1) Warrant for every two (2) shares of Xerox common stock held as of the Record Date, rounded down to the nearest whole Warrant. No fractional Warrants were issued.