Class B shares are restricted shares that are not traded in public markets and must be converted from Class B into Class A prior to sale or have economic value. The conversion ratio is one for one.
All Class B positions are held in certificated form. If you hold your shares through a broker, the broker’s Corporate Actions group will hold a global certificate that encompasses all shares held by the broker, including yours. To convert your B shares, make a request to your broker to convert. The certificate held by the broker has to be presented to our transfer agent, Computershare, along with the written request for conversion. After obtaining Company consent, Computershare will convert your portion of the B share certificate and return a new certificate to the broker’s Corporate Actions group in the amount of that broker’s remaining B shares. Your new A shares will become electronic shares and you will not receive a certificate for such shares. If you hold your Class B shares directly, rather than through a broker, the process is the same, except you need to present the certificates and the written request directly to Computershare.
Please contact Computershare at 1-800-622-6757 (US, Canada, Puerto Rico), or 1-781-575-4735 (non-US), or via email at Web.queries@computershare.com, for answers to any specific Class B share questions.