Skyworks renews CEO and NEO severance agreements with extended terms

SKYWORKS SOLUTIONS, INC.

CEO Liam Griffin's new severance agreement effective May 10, 2023; initial 2-year term with annual renewal.
NEOs (Sennesael, Kasnavi, Bori, Terry) entered amended severance agreements; post-CIC window extended to 24 months.
Griffin severance unchanged: 2x salary+bonus (non-CIC), 2.5x (CIC), full equity acceleration on CIC.
NEO non-CIC severance: 12 months biweekly continuation; CIC: 1.5x salary+bonus lump sum + equity acceleration.

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