Wolfspeed nominates Thomas Seifert and Woody Young to board; two directors retiring

WOLFSPEED, INC.

Thomas Seifert (CFO of Cloudflare) and Woody Young (former President of Solidigm) nominated for election at Dec 5, 2024 annual meeting.
Clyde R. Hosein and John B. Replogle will retire from the board after their terms expire.
Company cites CHIPS Act capital structure update as step toward funding business plan.
Board continues previously disclosed efforts to explore ways to enhance shareholder value.

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