Western Digital to issue shares in unregistered exchange of USD 191 million convertible notes

• Western Digital entered privately negotiated exchanges to retire about $191 million of its 3.00% Convertible Senior Notes due 2028.
• Holders will receive about $192.7 million in cash, covering principal plus accrued interest.
• Western Digital will also issue common shares for the remaining conversion value, priced off the Aug. 26, 2026 VWAP.
• Share issuance will rely on the Securities Act Section 4(a)(2) exemption from registration.
• Closings expected on or after Sept. 2, 2026, subject to customary conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Western Digital Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-365796), on August 26, 2026, and is solely responsible for the information contained therein.