STX · Seagate Technology Holdings plc

Seagate Technology Holdings plc (NASDAQ: STX) (“Seagate” or “us”) and Seagate HDD Cayman, a subsidiary of Seagate (“Seagate HDD”) today announced that on February 11, 2026, they entered into separate, privately negotiated exchange agreements with a limited number of holders of Seagate HDD’s 3.50% Exchangeable Senior Notes due 2028 (the “notes”) to exchange (collectively, the “exchanges”) $600 million principal amount of notes for consideration consisting of an aggregate of approximately $599.2 million in cash and a number of Seagate’s ordinary shares (the “ordinary shares”) to be determined over a one trading day period beginning on, and including, February 12, 2026. The exchanges are expected to be consummated on or about February 17, 2026, subject to customary closing conditions. The notes being exchanged will be retired upon completion of the exchanges. Following the closing of the exchanges, Seagate HDD expects that approximately $400 million in aggregate principal amount of notes

Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, announced that management is scheduled to participate in the following investor events: Event: Bernstein’s 4 th Annual TMT Forum on Wednesday, February 25, 2026 Details: Presentation at 11:00 AM PT / 2:00 PM ET Event: Morgan Stanley Technology, Media & Telecom Conference on Tuesday, March 3, 2026 Details: Presentation at 10:45 AM PT / 1:45 PM ET Event: Loop Capital Markets 7 th Annual Investor Conference on Tuesday, March 10, 2026 Details: Hosting investor meetings Event: Cantor Global Technology & Industrials Growth Conference on Wednesday, March 11, 2026 Details: Hosting investor meetings Management will be hosting investor meetings at these conferences. The live webcast can be accessed online at Seagate’s Investor Relations website at investors.seagate.com . A replay of the webcast will be available for at least 30 days following the event. About Seagate Technology Seagate

Fiscal Q2 2026 Highlights Revenue of $2.83 billion GAAP gross margin of 41.6%; non-GAAP gross margin of 42.2% GAAP diluted earnings per share (EPS) of $2.60; non-GAAP diluted EPS of $3.11 Cash flow from operations of $723 million and free cash flow of $607 million Declared cash dividend of $0.74 per share Seagate Technology Holdings plc (NASDAQ: STX) (the “Company” or “Seagate”), a leading innovator of mass-capacity data storage, today reported financial results for its fiscal second quarter ended January 2, 2026. “Seagate’s December quarter results exceeded our expectations on both the top and bottom line, setting new records for gross margin, operating margin, and non-GAAP EPS. This performance highlights our team’s strong operational execution, the durability of data center demand, and the ongoing ramp of our HAMR-based Mozaic products,” said Dave Mosley, Seagate’s chair and chief executive officer. “As AI applications amplify the creation and economic value of data, modern data

Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, will report fiscal second quarter 2026 financial results after the US market closes on Tuesday, January 27, 2026. The investment community conference call to discuss these results will take place that day at 2:00 PM PT / 5:00 PM ET. The live audio webcast can be accessed online at Seagate’s Investor Relations website at investors.seagate.com . About Seagate Technology Seagate Technology is a leading innovator of mass-capacity data storage. We create breakthrough technology so you can confidently store your data and easily unlock its value. Founded over 45 years ago, Seagate has shipped over four billion terabytes of data capacity and offers a full portfolio of storage devices, systems, and services from edge to cloud. To learn more about how Seagate leads storage innovation, visit www.seagate.com and our blog , or follow us on X , Facebook , LinkedIn , and YouTube . ©2026 Seagate

Flagship SkyHawk® AI, Exos®, and IronWolf® Pro Drives take center stage as Seagate showcases video intelligence innovation at Intersec 2026 Seagate Technology plc (NASDAQ: STX), a global leader in mass‑capacity data storage, is showcasing advanced storage solutions at Intersec 2026 that help power the transformation of AI-driven video analytics into searchable, decision‑ready intelligence. The edge-to-cloud portfolio is designed to help businesses unlock the full value of their data and make smarter, faster decisions. AI applications in video image analytics (VIA) are fueling unprecedented data growth at the network edge. IDC reports that more than 75% of organizations expect their video data to at least double over the next five years, as AI adds summaries, annotations, and metadata to every frame. This surge is driven by new use cases across industries - from accelerating investigations and automating alerts to ensuring compliance and enabling deep operational insights. To help meet