On and effective February 5, 2024, the Board of Directors of Broadcom Inc. increased the size of the Board to ten members and appointed Kenneth Y. Hao, Chairman and Managing Partner of Silver Lake, as an independent member of the Board. Raul Fernandez notified the Board that he does not intend to stand for re-election at Broadcom?s 2024 annual meeting of stockholders, effective February 5, 2024. Mr. Fernandez intends to continue to serve as a member of the Board, the Audit Committee and the Nominating, Environmental, Social and Governance Committee until his current term expires at the 2024 Annual Meeting.

Mr. Fernandez?s decision not to stand for re-election is not due to any disagreement with Broadcom.