Comparison of Berkshire Hathaway Inc. Class A and Class B Common Stock
Berkshire Hathaway Inc. has two classes of common stock designated Class A and Class B. A
share of Class B common stock has the rights of 1/1,500th of a share of Class A common stock
except that a Class B share has 1/10,000th of the voting rights of a Class A share (rather than
1/1,500th of the vote). Each share of a Class A common stock is convertible at any time, at the
holder’s option, into 1,500 shares of Class B common stock. This conversion privilege does not
extend in the opposite direction. That is, holders of Class B shares are not able to convert them
into Class A shares. Both Class A & B shareholders are entitled to attend the Berkshire
Hathaway Annual Meeting which is held the first Saturday in May.