Item 3.02 Unregistered Sales of Equity Securities.

On October 1, 2020, Switch, Inc. (the "Company") issued an aggregate of 275,000 shares of the Company's Class A common stock (the "Shares") to certain members of Switch, Ltd. (the "Operating Company") in connection with the exercise by such members of their respective redemption right for an equivalent number of common units of the Operating Company (the "Units") and corresponding cancellation of an equivalent number of the Company's Class B common stock. The Company elected to settle such redemption payment by issuance of the Shares. The redemption occurred pursuant to the terms of the Fifth Amended and Restated Operating Agreement of the Operating Company entered into in connection with the Company's initial public offering. Pursuant to the redemption, the Company canceled its Class B common stock (one share for each of the Units) owned by such members. The Shares were issued in reliance upon an exemption from registration pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended, on the basis that it did not involve a public offering.

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