Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 16, 2022, Daniel Lewis retired from his position as vice president and general manager of memory products of Peraso Inc. (the "Company"), effective immediately. In connection with his retirement, Mr. Lewis' employment agreement with the Company is no longer in effect. Mr. Lewis will continue to serve as a member of the Company's board of directors and will be entitled to compensation as a non-employee director under the Company's Outside Director Compensation Plan.





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