On December 31, 2021, Jack Lazar notified Silicon Laboratories Inc. of his decision to not stand for re-election at the Company's 2022 annual meeting of stockholders. Accordingly, his tenure as a member of the Company's board of directors will be completed at the 2022 annual meeting of stockholders. Mr. Lazar's decision to not stand for re-election is not due to any disagreement with Silicon Laboratories regarding its operations, policies or practices.

Silicon Laboratories appointed Matt Johnson as CEO, replacing Tyson Tuttle, effective as of January 2, 2022. On December 31, 2021, Mr. Johnson was appointed to the Company's board of directors effective as of January 2, 2022 and will serve as a Class II director with a term expiring in 2024. On December 31, 2021, Silicon Laboratories appointed Sumit Sadana to serve as the Company's Lead Director effective as of January 2, 2022, replacing William Wood in such capacity.

Mr. Wood remains a member of the Company's board of directors.